WASHINGTON, May 2 (Reuters) - More than two months into a conflict that has failed to deliver a decisive military or diplomatic win, President Donald Trump faces the risk that a standoff with Iran will drag on indefinitely and leave an even bigger problem for the U.S. and the world than before he launched the war.  With both sides outwardly...

GRAND CAYMAN, Cayman Islands, May 02, 2026 (GLOBE NEWSWIRE) -- Forefront Tech Holdings Acquisition Corp ( FTHAU ) (the “Company”) today announced that it closed its initial public offering (“IPO”) of 10,000,000 units at $10.00 per unit. The gross proceeds from the offering were $100 million before deducting underwriting discounts and estimated offering expenses. The units began trading on The...

12:05 AM EDT, 05/02/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We keep our 12-month target price at $44, 35x our 2026 EPS estimate, a discount to shares' 50x five-year average, reflecting a lower comparable sales growth profile. We raise our...

WASHINGTON, May 1 (Reuters) - Bankrupt discount carrier Spirit Airlines is preparing to cease operations around 3 a.m. (0700 GMT) on Saturday, two people close to the discussions told Reuters late on Friday. A Spirit board meeting ended without an agreement to rescue the company, one of the people said. The collapse of Spirit will result in thousands of lost...