The Miami-based charter airline, also referred to as GlobalX, announced the aircraft acquisition and additional lease plans in an online news release Monday.

The report, however, found that Global Crossing did not violate the law or accounting rules in more than a dozen controversial transactions it entered into with other telecommunications companies ...

Global Crossing, the telecommunications company that quickly rose to prominence and then fell to bankruptcy, is hoping to dramatically expand its U.S. government business, particularly in the ...

Level 3 to Buy Global Crossing in $3 Billion Deal Level 3 Communications says it will acquire Global Crossing for $23.04 a share, about 56 percent above the company’s closing price on Friday.

Level 3 Communications Inc. said Monday that it is buying Global Crossing Ltd. for$2 billion, joining two major long-distance telecommunications networks that carry massive amounts of Internet and ...

NEW YORK (CBS.MW) -- Global Crossing said it has finalized a deal for $100 million in secured bridge financing from Singapore Technologies Telemedia. The agreement allows Global Crossing to borrow ...

Gary Winnick, the flamboyant chairman of Global Crossing, is expected to be the next embattled executive to take the Fifth Amendment on Capitol Hill, when he appears this week before Representative ...