savers may not see much benefit as banks may keep rates flat on cds and other deposits. a settlement with gm today over whether the automaker had problems with faulty ignition switches. the courts say gm will pay a fine of about $1 billion. gm recalled 2.6 million cars last year to repair switches. are you looking for love? are you a bacon love? oscar mayor has created a dating app called sizzle. unlike tender it aims to create a connection based on users favorite types of bacon, thick, hardwood, smoked or maple. talk about a love connection, dara. thank you, landon so much for that one. now to sports. on the heels of last night s presidential debate, patriots tom brady was asked about donald trump. he s a guy that likes winning like you. you think he s got what it takes? i hope so. that would be great. be a putting green on the white house lawn, i m sure of that. and speaking of tom brady,
stop. three hubs, dallas, chicago, miami. no doubt infuriating for the people who are supposed to leave at a particular time and couldn t. but it s nowhere close to the level of concern that you would see if there was something involved with foul play. cnbc s phil lebeau from chicago, thank you for that update. general motors has agreed to pay $900 million to settle the criminal investigation against the company for its handling of defective ignition switches that have been linked to 124 deaths. in the settlement with the justice department, gm, the largest car manufacturer in the united states, admitted to misleading the government and the public about the safe of its vehicles. the company still faces more than 200 civil lawsuits over its ignition switch and other recalls. army sergeant bowe bergdahl made his first court appearance. captured by the taliban and held for five years before being released last year in a prisoner swap, appeared before a military hearing in texas to d
in the federal funds rate will be appropriate when it has seen some further improvement in the labor market and is reasonably confident that inflation will move back to its 2% objective over the medium term. after briefly rallying, the markets ended in negative territory. federal prosecutors have reached a settlement with general motors, capping a two-year investigation into how they handled a problem of faulty ignition switches. the deflect lingered for more than a decade. gm has agreed to pay $900 million and admits that it misled the government and public about the safety of its vehicles. general motors ceo spoke today about reaching this landmark settlement. this is a tough agreement. it further highlights the
laid out. are they mutually justice? can you hurt gm so badly that thousands of jobs are lost. it s tough to do. if you want accountability you have to do that by way of doing something that has teeth in it. you know general motors employs lots of people. but to allow them to put ignition switches into machinery that people operate, should 100 or more people be.gov as a result of that, if they knew and engineers now it and didn t disclose the full extent of the problem to what extent do you hold them accountable? what do you want to do here? do you want other companies to know the federal government because they value job, because they value economic opportunities and people working, they re going to take it light on you. you are going to make no mistake the families and those who died here they see justice in the form of being prosecuted and held accountable.
the faulty ignition switches did. as you are cruising along the highway the power steering went out. the power brakes went out t. airbags didn t work. so it was this perfect storm of you know deadly circumstances and 100 people at least were killed. every single people has a story. what happens? is every one of them going to get something out of gm or are we just talking about justice? not necessarily everyone. i believe a bankruptcy court determined there were time baring issues with some of the claims. but these paragraphs and their attorneys are watching closely what the doj does because they can always benefit from the discovery that the government does for them to use in their case or claims against gm. and the final point to this piece of it if terms of the individuals is remember even though there may be time bar or legal issue, alisyn there is nothing that would establish the company from establishing a pot