Meat to vegetable oil. Why and how to budget for higher prices this spring. All that and more tonight on nightly Business Report for tuesday, march 11th. A very busy news day for a pair of u. S. Automakers, General Motors and tesla. G. M. Five years after emerging from bankruptcy protection promising to be a Better Company to respond to consumer demands and make better cars the company is under the gun again. Late today the u. S. Attorney in new york city launched a criminal investigation into the the automaker for a decadelong delay in recalling 1. 6 million cars with faulty ignition switches. A problem that caused 13 deaths. That follows an announcement earlier today of a Congressional Committee investigation into what the automaker knew about that defect and why nothing was done about it. Or even correcting that default until last month. Making matters worse, g. M. Knew about that problem for ten years. And so did federal safety officials. Shares of g. M. Tumbled 5 today on news of
Germanys chancellor Angela Merkel speaking out calling crimeas referendum on joining russia illegal. Lets get to jim maceda of nbc news in moscow. We are looking at all the different ramifications and details. And one of them, jim, is the lock that russia has on energy in ukraine and the west would have to there eticly make up for that if they dont go with russia. So now we are looking at the details, and once again, a lot of it is about money when it comes right down to it. Reporter its about money, its about energy, and right now its about president Putin Holding all of the cards, joe. Were only six days away from the referendum you referred to in your lead. Taking place in crimea. But with those international monitors now prevented for the third time from entering the peninsula over the weekend, theres no reason to doubt that the final result will be a vote in favor of seceding from ukraine and becoming part of russia. Those russian or prorussian, if you will, troops continue to con
Meat to vegetable oil. Why and how to budget for higher prices this spring. All that and more tonight on nightly Business Report for tuesday, march 11th. A very busy news day for a pair of u. S. Automakers, General Motors and tesla. G. M. Five years after emerging from bankruptcy protection promising to be a Better Company to respond to consumer demands and make better cars the company is under the gun again. Late today the u. S. Attorney in new york city launched a criminal investigation into the the automaker for a decadelong delay in recalling 1. 6 million cars with faulty ignition switches. A problem that caused 13 deaths. That follows an announcement earlier today of a Congressional Committee investigation into what the automaker knew about that defect and why nothing was done about it. Or even correcting that default until last month. Making matters worse, g. M. Knew about that problem for ten years. And so did federal safety officials. Shares of g. M. Tumbled 5 today on news of
Meat to vegetable oil. Why and how to budget for higher prices this spring. All that and more tonight on nightly Business Report for tuesday, march 11th. A very busy news day for a pair of u. S. Automakers, General Motors and tesla. G. M. Five years after emerging from bankruptcy protection promising to be a Better Company to respond to consumer demands and make better cars the company is under the gun again. Late today the u. S. Attorney in new york city launched a criminal investigation into the the automaker for a decadelong delay in recalling 1. 6 million cars with faulty ignition switches. A problem that caused 13 deaths. That follows an announcement earlier today of a Congressional Committee investigation into what the automaker knew about that defect and why nothing was done about it. Or even correcting that default until last month. Making matters worse, g. M. Knew about that problem for ten years. And so did federal safety officials. Shares of g. M. Tumbled 5 today on news of
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