GM suspends two engineers in ignition switch probe
GM suspends two engineers with pay as part of its internal probe into the deadly ignition switch recall affecting 2.6 million Chevrolet Cobalts and Saturn Ions. The action follows calls for accountability as investigations by Congress, DOJ, and NHTSA continue.
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General Motors
Mary Barra
Congress
Barra
Ray DeGiorgio
DeGiorgio
McCaskill
U.S
Anton Valukas
SAC Capital Fined 900 Million in $1.8 Billion Fraud Deal
SAC Capital LP and three related entities were sentenced on wire fraud and securities fraud charges under a $1.8 billion deal. Judge Laura Taylor Swain called the nearly $400 million earned illegally by one unit a staggering amount and the case reflects a corrupt corporate culture. U.S. Attorney Preet Bharara called it the day of reckoning for a fund marked by criminal conduct.
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New York
SAC Capital
Laura Taylor Swain
Manhattan
Stamford
Conn
SAC Capital LP
U.S
Preet Bharara
Calif salmonella outbreak linked to Foster Farms grows
The CDC reports 524 people in 25 states and Puerto Rico ill from a Foster Farms chicken linked salmonella outbreak. California accounts for most cases. 37 percent hospitalized. Illnesses have persisted since March 2013 with a February uptick. no deaths reported. Antibiotic resistance noted.
MENTIONED IN THIS ARTICLE
Livingston
Calif
Foster Farms
Puerto Rico
Centers For Disease Control and Prevention
CDC
California
Irwindale eyes nuisance ruling over Sriracha bottling plant
Irwindale California narrowed the dispute with Huy Fong Foods by tentatively declaring the Sriracha bottling plant a public nuisance. If approved, the firm will have 90 days to curb the odor or face enforcement actions including plant access and possible shutdown.
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Huy Fong Foods
Irwindale
Calif
Los Angeles
California
Huy Fong
Ed Hernandez
John Tate
Rosemead
Davidson
David Tran
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