us-business
3 stories related to this topic, newest first.
hiphopwired.comSpirit Airlines Ceases Operations After Rescue Deal Fails
Spirit Airlines has ceased operations following the failure of a rescue deal. The ultra-low-cost carrier's last two flights have landed, marking the end of its business. No U.S. airline of similar size has liquidated in the past two decades.
goingconcern.comKPMG Implements Layoffs in U.S. Advisory Business Due to Weaker Demand
KPMG is conducting layoffs in its U.S. advisory business amid weaker demand for regulatory and other services. The reductions aim to align staffing with current business levels. The advisory unit provides compliance and consulting services.
MarketWatchJersey Mike's Confidentially Files for U.S. Initial Public Offering After Blackstone Deal
Sandwich chain Jersey Mike's has confidentially filed for an initial public offering, seeking a valuation of at least $12 billion. The move follows Blackstone's 2024 acquisition of a majority stake that valued the company at roughly $8 billion. Jersey Mike's operates more than 3,…