Forbes Daily: How Trump's Shift On EV Regulations Would Benefit Musk [Forbes]
Spirit Airlines, Inc. (SAVE)
Last spirit airlines, inc. earnings: 2/5 04:14 pm
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Source: Forbes
This is a published version of the Forbes Daily newsletter , you can sign-up to get Forbes Daily in your inbox here Good morning, President-elect Donald Trump has pledged not to sell his shares in Truth Social's parent company. But there's a way for him to do so, and save more than $700 million in the process Trump refused to divest from his businesses during his first term. But there is a clear path for him to unload his shares that would address ethics concerns, diversify his net worth away from a volatile stock and avoid a massive tax bill: acquiring what's called a certificate of divestiture. It allows an official to invest the proceeds from the sale into a permitted asset and defer any capital gains taxes owed. The consequences of Trump holding onto his stock are far-reaching—from his ability to appoint the heads of the agencies that regulate the company to the possibility of foreign governments buying ads on the platform. FIRST UP Photo by Mario Tama/Getty Images
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News
- Analysis-Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy [Yahoo! Finance Canada]Yahoo! Finance Canada
- What does the Spirit Airlines bankruptcy mean for airfares? Experts weigh in. [Yahoo! Finance]Yahoo! Finance
- How Spirit Airlines' Bankruptcy Filing Will Affect Holiday Flights [Yahoo! Finance]Yahoo! Finance
- Spirit's bankruptcy won't impact holiday travelers, experts say. But frequent flyers and routes could be impacted next year [Yahoo! Finance]Yahoo! Finance
- More from CNN [CNN]CNN
SAVE
Earnings
- 8/1/24 - Miss
SAVE
Sec Filings
- 11/19/24 - Form 8-K
- 11/18/24 - Form 8-K
- 11/13/24 - Form 8-K
- SAVE's page on the SEC website