Why are JetBlue and Frontier share prices up today? Shares of JetBlue Airways and Frontier Airlines increased in premarket trading after Sp...

Spirit Airlines has shut down operations. This marks the first airline collapse linked to the Iran war, following a surge in jet fuel price...

Spirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...

Frontier Airlines announced systemwide discounts and plans to add summer routes.

The US government is exploring options to support Spirit Airlines. The Defense Production Act may be used to provide financial assistance. ...

Spirit Airlines' liquidation would eliminate ⁠more than 17,000 jobs, an expert said.

Different years. Different companies. Different accounting tricks. One common story – an effort to show financial numbers which hide the tr...

Berkshire Hathaway’s success was explained by Buffett using a new concept: The Double Dip. As Buffett put it: Imagine a company that double...

The value of Venezuela's government and state oil firm bonds could surge when they are eventually restructured, analysts at Wall Street inv...

In his petition, Ravindran has alleged that GLAS Trust has "fraudulently represented itself to be a financial creditor" and has requested t...

The Supreme Court will hear an appeal by US-based Glas Trust Company LLC against a judgment that stayed insolvency proceedings against BYJU...

The Supreme Court has agreed to an early hearing of Glas Trust Company LLC's appeal against the NCLAT's decision to stay insolvency proceed...

Byju Raveendran submitted a caveat to the Supreme Court after an NCLAT decision restored the edtech firm’s board, despite Glas Trust’s oppo...

Genesis filed for bankruptcy in January owing at least $3.4 billion to creditors and reached an agreement in principle on a restructuring p...

Judge Martin Glenn signed off on Celsius's disclosure statement and solicitation materials at a U.S. Bankruptcy Court hearing in Manhattan,...

Mumbai bench of I-T tribunal held that if the revenue authorities do not raise demand for over a decade, then they loses the right to claim...

Delphi said that it has agreed to a deal to sell its assets to creditors, clearing the way for an exit from Chapter 11 bankruptcy protectio...