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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 28, 2014
Page
10
U S safety officials opened a probe into GM for timeliness of its recall of over 1.6 million vehicles linked to 13 deaths. NHTSA said it will assess whether GM followed reporting rules and could face up to 35 million dollars in fines if delays are proven.
The Gazette previews weekend markets with a quick discussion of grain and livestock prices, gasoline costs, and other related topics featured on the site linked.
Sears Holdings reports a fourth quarter loss of 358 million, 3.37 a share, down from 489 million or 4.61. Revenue drops 14 percent to 10.6 billion as Lampert boosts online platforms and Shop Your Way. The firm expects Lands End spin off this quarter with a 500 million dividend.
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