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Street Journal reported


Spirit Airlines stock plunges 28% because the end might be near

Spirit Airlines stock plunges 28% because the end might be near

The carrier’s last financial report showed its 11th consecutive quarterly loss and revealed its struggle to make headway in a turnaround while having to increasingly compete with larger so-called “legacy” players for low-fare customers.


Amazon is launching a Shein and Temu competitor

Amazon is launching a Shein and Temu competitor

Amazon’s strategy has been focused on fast deliveries and variety, but its foray into low-priced goods is its most blatant effort to compete with Shein and Temu, two Chinese-origin e-retailers that have upset competitors thanks to their rock-bottom prices.