GeneralMotors(GM.N)hassaiditsloss-makingSouthKoreanoperationwouldfileforbankruptcyifitsunionfailedtoagreetocutlabourcostsbyFriday,heapingpressureonworkersandthe
TheoldestgunmanufacturerintheUS,RemingtonOutdoor,hasfiledforbankruptcyinthewakeofslumpingsales.Thefirm,foundedmorethan200yearsago,filedforbankruptcyprotectionto
USfilmandTVstudioTheWeinsteinCompany,whoseex-chairmanHarveyWeinsteinhasbeenaccusedofsexualharassmentandassault,saidonMondayithasfiledforbankruptcywithanofferfro
SumitomoMitsuiBankingCorp.announcedMondayithassetcreditlinesofupto25billionyen($224million)tohelpJapaneseairbagmakerTakataprovisionallystayinbusinessafteritfile
Japan'scrisis-hitcarpartsmakerTakatasaiditfiledforbankruptcyprotectiononMonday,afterdeadlyfaultsinitsairbagstriggeredtheautoindustry'sbiggesteversafetyrecall.Th
TakataCorp(7312.T)willseekbankruptcyprotectionfromcreditorsonMonday,twosourcessaid,astheJapanesecompanyfacesbillionsofdollarsinliabilitiesstemmingfromthebiggest
A steep decline of the tax base is the direct cause of the recent bankruptcy of Detroit, the once thriving U.S. auto industry heartland, says an experienced U.S. attorney.
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