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Spirit Airlines warned Tuesday that it may not make it through another year, citing concerns over its ability to raise enough cash, despite having successfully restructured its debt and emerging from bankruptcy just months ago. The beleaguered low-cost carrier said in a Securities and Exchange Commission (SEC) filing that it continues to be affected by "adverse market conditions," including continued weak demand for domestic leisure travel in the second quarter of […]

President Donald Trump on Tuesday slammed Goldman Sachs CEO David Solomon over a report showing that American consumers and businesses are shouldering the burden of tariffs, telling him to "focus on being a DJ."Trump's comments follow a report compiled by Goldman Sachs economists that showed U.S. businesses and consumers are paying the bulk of the cost of the president's tariffs, which are taxes on imports, rather than foreign countries who Trump has […]

Dine Brands' latest strategy goes beyond menu revamps, restaurant redesigns and social media campaigns, according to its CEO John Peyton.Instead, the company is focused on strategically combining its morning-focused brand, IHOP, with its evening-centric one, Applebee’s. The goal is to create a dual-branded model that allows it to capture and serve customers throughout every daypart – breakfast, lunch, dinner and late night – in a way that, as Peyton puts […]