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March 2025 - Page 7

spirit-airlines-exits-bankruptcy,-eyes-new-growth

Spirit Airlines Exits Bankruptcy, Eyes New Growth

Discount carrier Spirit Airlines (SAVEQ) has emerged from bankruptcy protection, finalizing a debt restructuring plan aimed at restoring profitability and strengthening its position in the competitive airline industry. Restructuring for a Stronger
5 months ago
deutsche-bank-flags-auto-sector-as-key-risk

Deutsche Bank Flags Auto Sector as Key Risk

Deutsche Bank warned on Thursday that the auto sector poses a growing risk to its portfolio, citing potential U.S. tariffs, economic challenges, slow EV adoption, and competition from China. Auto Sector Under
5 months ago
adobe-shares-fall-13%-despite-strong-earnings

Adobe Shares Fall 13% Despite Strong Earnings

Adobe shares dropped 13% on Thursday as investors reacted to lingering concerns over growth and the company’s artificial intelligence monetization strategy. Strong Earnings, Investor Concerns The sell-off followed better-than-expected quarterly results, with
5 months ago
trump-expands-tariffs-to-strengthen-u.s.-industry

Trump Expands Tariffs to Strengthen U.S. Industry

U.S. Commerce Secretary Howard Lutnick reaffirmed that President Donald Trump’s expanded 25% tariffs on steel and aluminum will remain in place until domestic production is significantly strengthened. Additionally, Trump is set to
5 months ago
U.S. Recession Risk Rises Amid Tariff Uncertainty

U.S. Recession Risk Rises Amid Tariff Uncertainty

The likelihood of a U.S. recession in 2025 has increased to approximately 40%, with potential long-term consequences for the country’s investment standing, according to J.P. Morgan’s chief economist Bruce Kasman. Speaking in
5 months ago
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