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Elodie MAZEIN AFP

Possible Trump rescue of Spirit Airlines spurs debate

Possible Trump rescue of Spirit Airlines spurs debate

Bargain US carrier Spirit Airlines, which filed for bankruptcy in 2025 for the second time in a year, could be spared by a controversial potential White House rescue package. Trump confirmed on Thursday that he was hoping Spirit could be saved, sparing thousands of jobs. "I think we'

Iran war means more orders for US defense giants

Iran war means more orders for US defense giants

US defense companies are reporting a surge in demand for military equipment, as the war in the Middle East prompts fresh orders from governments around the world. Earnings Tuesday signaled that 2026 will be another strong year after a robust 2025 in the wake of continuing conflicts in Gaza and

US automakers report mixed sales as car market awaits war impact

US automakers report mixed sales as car market awaits war impact

Carmakers reported mixed first-quarter US sales Wednesday pointing to a hit from winter storms, as the Middle East war clouds the industry's outlook compared with unusually favorable dynamics a year ago. The US-Israeli offensive against Iran, launched on February 28, has boosted oil costs by more

US auto sales seen falling as car market awaits war impact

US auto sales seen falling as car market awaits war impact

Carmakers are expected to report lower first-quarter US sales as the Middle East war clouds the industry's outlook compared with unusually favorable dynamics a year ago. The US-Israeli offensive on Iran, launched on February 28, has boosted oil prices by more than 50 percent, sending gasoline