President-elect Donald Trump has chosen Howard Lutnick, chairman and CEO of Cantor Fitzgerald, as his commerce secretary. Lutnick, a key member of Trump’s transition team, was praised by Trump as “a dynamic force of Wall Street” in his announcement on Truth Social.
Read MoreSpirit Airlines has filed for Chapter 11 bankruptcy, citing declining sales and the collapse of a planned merger with JetBlue.
Read MoreMinority- and women-owned businesses face a significant threat as affirmative action in federal contracting comes under legal scrutiny, potentially impacting contracts valued at $70 billion annually.
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