The Justice Department has found criminal wrongdoing in General Motors' General Motors' actions related to its ignition defects, and is negotiating what is expected to be a record penalty, The New York Times reported Friday.
HONG KONG Not long after Hanergy Thin Film Power Group began its annual shareholder meeting at a plush Hong Kong hotel this week, the Chinese solar company's shares went into free fall.
LONDON The Bank of England plans to assess the implications of a possible British exit from the European Union, it said in a statement, confirming an email it inadvertently sent to a newspaper about the supposedly confidential research project.
LOS ANGELES -- A 16-square-kilometre oil slick off the California coast is thinner than a coat of paint and it's becoming harder to skim from choppy waters, officials said as more dead animals were discovered.
Microsoft Corp and Salesforce.com Inc held "significant talks" this spring but failed to agree on a price, CNBC reported, citing people familiar with the matter.