GM To Pay $900 Million Settlement

Press ReleaseGeneral Motors Co. (NYSE: GM) confirmed today that the company has reached a settlement in the form of a Deferred Prosecution Agreement with the U.S. Attorney’s Office for the Southern District of New York regarding the company’s handling of the ignition...

Jenson Button poised to quit Formula One

The man whose career began in karting in Frome, Somerset, with his late father instrumental throughout, could make an announcement this weekend in Suzuka. His wife, Jessica, is Japanese, and Button has a loyal following in the country. He treats it as a second home...

VW shares crash 20% on emissions cheating scandal

Shares in Volkswagen (VLKAF) crashed 20% Monday, wiping 16 billion euros ($18 billion) off the company’s value after it was found to have misled U.S. regulators. Federal and state regulators said Friday that the German company cheated on environmental standards...