A laptop with an abstract declining chart beside enterprise server hardware on an office desk

BusinessBreaking

IBM's AI Spending Warning Sends Its Stock Into a Steep Slide

IBM's preliminary second-quarter results show how AI infrastructure demand can pull enterprise budgets away from software and mainframe-linked sales.

The Daily NewsfrontJuly 14, 2026
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Editorial illustration of a generic low-cost airliner at an empty gate with financial charts reflected in terminal glass

Business

Why Spirit Airlines Went Bankrupt

Spirit Airlines went through two Chapter 11 cases before shutting down in May 2026. The bankruptcy story starts with a weakened low-cost model, heavy fixed costs, engine groundings, debt and a blocked JetBlue merger.

July 5, 2026