Wojtek Puchta

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Mary Barra's Pearl Harbor Moment: 'I Never Want You To Forget' How GM Failed Customers

General Motors Chief Executive Mary Barra issued a strong rebuke to employees Thursday morning, saying an independent investigation found “a pattern of incompetence and neglect” in the company’s handling of a faulty ignition switch that led to the deaths of at least 13 people.<p>“Our job is clear: To …

New Silverado, Cruze recalls bring GM's total to 14 million autos

General Motorsannounced four more recalls Friday, this time of more than 89,000 vehicles in the U.S. including its popular Chevrolet Silverado and GMC pickup trucks, as well as Chevrolet’s Camaro and Cruze cars.<p>This latest round brings GM's total for the year to 34 separate recalls involving almost …

Chrysler Recalls 10,700 SUVs for Cruise Control Defect

Chrysler said Thursday it was recalling about 10,700 sport utility vehicles to fix a defect that leads to unintended acceleration in cruise-control mode.<p>The vehicles being recalled are certain 2014 Dodge Durangos and Jeep Cherokees, Grand Cherokees and high-performance Grand Cherokee SRTs assembled …

Chrysler

Hershey Sues Over Marijuana Edible Lookalikes, Says Kids May Get Confused

Rows of Hershey candy bars are seen inside the Hershey Store in New York Thomson Reuters<p>DENVER (Reuters) - Hershey Co has sued a Colorado maker of marijuana edibles, saying the packaging of its products is too similar to those made by the Pennsylvania-based chocolate and candy company.<p>The trademark …

Cannabis

GM Sets Four More Recalls, Covering Over 105K Vehicles

General Motors Co (GM) on Friday announced four more recalls covering 105,688 cars and trucks globally, raising the number of recalls to 34 including the high-profile for defective ignition switches linked to at least 13 deaths.<p>GM's 34 recalls so far this year cover almost 13.9 million vehicles in …

GM says recalls have had no meaningful impact on sales

Mary Barra wants GM employees to contact her personally when they see a problem

This morning, General Motors CEO Mary Barra laid out the results of an independent investigation into the company’s deadly ignition switch defect and recall. But her real focus was “a pattern of incompetence and neglect” at GM that allowed a potentially dangerous defect to endure, without making it …

General Motors

Did Bitcoin Just Have Its First-Ever Reaction To A Central Bank Announcement?

This is interesting. Maybe it's nothing. Maybe it's not. But Simon de la Rouviere points out that it looks like Bitcoin just had its first ever reaction to a central bank announcement.<p>Specifically, at 7:45, the ECB made the historic decision to cut rates to negative. In other words, one of their …

Central Banks
Roads

GM to release findings of recall probe

General Motors Co. plans on Thursday to release the findings of a much anticipated investigation into why it delayed recalling defective cars linked to at least 13 deaths.<p>Chief Executive<p>Mary Barrahired former U.S. Atty. Anton Valukas to conduct the internal probe and promised regulators …

Chevrolet

GM to release internal probe into deadly recall Thursday

General Motors' recall crisis has raised a lot of questions about why it took a decade to recall cars tied to the deaths of at least 13 people. On Thursday, the company will start to give answers.<p>The automaker will disclose the results of a much anticipated investigation by former federal …

Is Venezuela's Government Tightening Its Grip on the Internet?

While protests sweep the streets of Venezuela, the nation's government is quietly taking measures to quell the uprising in cyberspace, reportedly …