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Losses in China lead to $5 billion charge for General Motors as it cuts the value of its assets

DETROIT (AP) — The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets...

Spirit Airlines stock plunges 60% as company reportedly preps bankruptcy filing

Spirit Airlines (SAVE) stock plunged as much as 64% early Wednesday, the most on record, as the budget airline explores...

Sino-Ocean Gets Nearly Two-Week Reprieve in Liquidation Case

(Bloomberg) -- Sino-Ocean Group Holding Ltd. got a short reprieve in its liquidation hearing in Hong Kong, as it works to secure more creditor...

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