GM’s ignition-switch crisis deepens; death toll rises to 16
DETROIT (Reuters) – General Motors Co’s ongoing safety crisis over deadly ignition switches deepened on Monday with the recall of 8.23 million mostly older cars linked by the U.S. automaker to three deaths.
Boeing delivers first 787-9 to Air New Zealand
SEATTLE (Reuters) – Boeing Co contractually delivered its first 787-9 to Air New Zealand on Monday, allowing Boeing to book the delivery of the new, stretched Dreamliner in its second-quarter results.
Chrysler expands ignition switch recall by 696,000 vehicles
DETROIT (Reuters) – U.S. safety regulators announced an expansion on Monday of a previous recall to include more model years of Fiat Chrysler vehicles that have ignition switches that can be inadvertently shut off.
GM’s ignition-switch crisis deepens; death toll rises to 16
DETROIT (Reuters) – General Motors Co’s ongoing safety crisis over deadly ignition switches deepened on Monday with the recall of 8.23 million mostly older cars linked by the U.S. automaker to three deaths.
Holdout bondholders say Argentina not at negotiating table
NEW YORK (Reuters) – Holdout investors in Argentine sovereign debt said on Monday they have not met with the government to negotiate a settlement on defaulted debt, and accused Buenos Aires of refusing to enter talks as a 30-day countdown to default be…
France’s BNP to pay $9 billion in U.S. sanctions case, face dollar-clearing ban
NEW YORK/WASHINGTON (Reuters) – French bank BNP Paribas BNPP.PA on Monday agreed to pay almost $9 billion over charges it violated U.S. sanctions against countries such as Sudan, and faces a one-year suspension of parts of its U.S. dollar-clearing busi…
Morgan Stanley gives tweeting brokers some leeway
NEW YORK (Reuters) – Morgan Stanley is further opening the social media door for its brokers by allowing them to post self-authored content on firm-approved Twitter accounts.
GM victims fund to have wide eligibility
(Reuters) – The compensation fund for victims of General Motors Co’s defective ignition switch will be open to a broad range of people, with family members of those who died as a result eligible for at least $1 million, the attorney in charge of the fu…
S&P 500, Nasdaq score sixth straight quarter of gains
NEW YORK (Reuters) – The S&P 500 and the Nasdaq Composite indexes wrapped up a sixth straight quarter of gains on Monday, a streak not seen in more than 14 years.
U.S. jobs growth likely to be relatively strong in June
WASHINGTON (Reuters) – U.S. employers likely maintained a fairly healthy pace of hiring in June, consistent with data that have suggested a sharp economic contraction in the first-quarter was an aberration.
