Headline Roundup: Do Not Pass Go

GM asks CEO Fritz Henderson to resign. [NY Times]

AIG awards the Federal Reserve a $25 billion stake in two companies in leiu of loan payments. [NY Times]

Ford strives to make the Focus a "global car." [WSJ]

JC Penney signs a deal with Europe's hot retailer Mango. [MediaPost]

To Bank of America's dismay, two top candidates for CEO have suggested breaking up the company. [WSJ]

Saab to shut down. Saab to sell. Saab to splinter. Now: In the new year, we'll decide on something. [FT]

Northrop threatens to withdraw a bid before the Pentagon over competition with Boeing. [NY Times]

Christian Lacroix will, in fact, shut down. [Times of London]

(More headlines: Microsoft store, Bebida rebrands as BeBevCo.)Continue reading...