Plus, electric vehicle startup Canoo has ceased operations and filed for bankruptcy, and General Motors faces an engine probe ...
the stock becomes worthless because shareholders have no claims on GM assets in bankruptcy court. The stock (symbol GM) was unchanged on June 1, closing at 75 cents. The unlikely steadiness in GM ...
The beating General Motors and Ford took on Wall St. yesterday has people loosely throwing around the word "bankruptcy" this morning. GM made its position clear in a statement just released (read ...
The solution hinges on the old, pre-bankruptcy GM, and the new company that emerged afterward. While the name is the same, on paper they are technically different firms. According to Automotive ...
Yesterday, GM shared its financial results for the 2024 year, and in addition to reporting a 9 percent increase in sales, the ...
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks ...
WSJ's Mike Spector talks with Simon Constable how General Motors may emerge from bankruptcy sooner than previously thought. Plus, a discussion on who's really going to run the once-giant auto maker.
MANHATTAN — The Second Circuit vacated a New York federal court’s holding that an entity, which was created in General Motors’ bankruptcy to continue to investigate water pollution from a GM plant in ...
WSJ's John Stoll sits down with Matt Dolan to talk about the systemic risk posed by a GM bankruptcy, including the impact on suppliers and dealers as well as GM pension and health obligations.