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Spirit Floats Government Stake to Avoid Possible Liquidation [Yahoo! Finance]
Last intel corporation earnings: 4/23 04:07 pm
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Most Read from Bloomberg Cruise Ships Seized Brief Hormuz Reopening to Flee Persian Gulf Trump Aims to Seal Iran Deal, Says Truce Extension Unlikely Kuwait Declares Further Force Majeure on Oil Shipments Iran Hesitant on Talks Even as Trump Says Vance Is on Way The Hot Hedge Fund Strategy Triggering a Pay Bonanza for Traders The airline is seeking an infusion of cash from the US government during a spike in jet fuel prices, said the people, who asked not to be named given the discussions are confidential. The proposal comes after the White House brokered a deal last year to become one of the biggest shareholders in Intel Corp. in a bid to bolster the investment-grade chipmaker's domestic initiatives. The Air Current first reported that Spirit is seeking a bailout from the US government. Any proposed bailout is likely to get pushback from competitors that are also struggling with a spike in jet fuel prices during the conflict in the Middle East, some of the people said
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