Budget airline Spirit could be on the brink of liquidation, sources told multiple media outlets this week. The financially troubled carrier has been restructuring its operations and initially expected ...

The Justice Department is investigating several large banks for allegedly colluding during the liquidation of convicted fraudster Bill Hwang’s ill-fated $36 billion investment firm Archegos Capital ...

A decision on Spirit's future could come this week as lenders weigh whether to salvage or wind down the airline, according to different reports.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Yellow Corp. intends to file for ...

Add Yahoo as a preferred source to see more of our stories on Google. The fuel crisis continues to escalate as the Iran war drags on, and now, a U.S. low-cost airline could be on the chopping block.

Shares of Evergrande rose 9.2% Monday as a court hearing over liquidating the company was postponed to Jan. 29, 2024. Shares in the firm that was once China's largest private sector developer by sales ...