U.S. auto-safety regulators didn't force General Motors Co. (GM:US) to recall 1.6 million cars sooner because the connection between defective ignition switches and failing air bags wasn't clear, the head of the National Highway Traffic Safety Administration ...
... ». * Sell-off in copper on China concerns seen overdone. * No evidence of deals unravelling in China-industry. * European industrial consumers see attractive prices (Updates with official prices).
... ». * To offer 22.2 million shares at $21-$24/share. * To list shares on NYSE under symbol "KING". * Shares scheduled to start trading on March 26 - underwriters.
By Edward Krudy. NEW YORK, March 12 (Reuters) - The average bonus on Wall Street jumped 15 percent last year to the highest level since the 2008 financial crisis and was the third largest on record, New York State's budget watchdog said on Wednesday.
U.S. stocks traded mostly lower on Wednesday afternoon, putting the S&P 500 index on pace for a third straight decline. The Dow Jones Industrial Average shed 26 points, or 0.2%, to 16326.