Justice Department investigators have identified criminal wrongdoing in General Motors' failure to disclose a defect tied to at least 104 deaths and are negotiating what is expected to be a record penalty, according to people briefed on the inquiry.
When rich list compilers wade through the holdings of China's wealthiest men they encounter two types of billionaire: those who want to hide their wealth and those who want to appear as high on the list as possible.
Stiv Wilson is not much of an exfoliator. Mr. Wilson, a 42-year-old environmental advocate, lives on a sailboat, wears flip-flops and doesn't care much for personal care products like fancy creams and moisturizers.
SAN FRANCISCO - With the ratification of a new agreement with the Longshoremen on Friday, the 11-month disagreement that slowed West Coast ports has finally ended.
According to CNBC, Microsoft and the San Francisco-based cloud-computing firm reached advanced talks. Microsoft reportedly offered as much as $55 billion to acquire Salesforce.