Spirit Airlines’ worth, Tesla’s miss, and drug hikes: Business news roundup
Photo: Kevin Carter (Getty Images), Justin Sullivan (Getty Images), Vijayananda Gupta/Hindustan Times (Getty Images), Shelby Tauber/Bloomberg (Getty Images), Andrew Harnik (Getty Images), Image: Chung Seun-Jun (Getty Images), Callaghan O’Hare (Getty Images), Thomas De Wever (Getty Images), Catherine McQueen (Getty Images), Allen J. Schaben / Los Angeles Times (Getty Images)A Spirit Airlines planePhoto: Kevin Carter (Getty Images)Spirit Airlines, which filed for bankruptcy in November, has given investors a peek into its ongoing reorganization. As part of that process, it filed a financial update with the Securities and Exchange Commission that shows its equity is worth less than the compensation paid to its executives in 2023.
Read MoreA plane carrying 181 people, Jeju Air Flight 7C2216, crashed at Muan International Airport in South Korea after skidding off the runway and colliding with a wall, resulting in an...