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Make you pay more for your coverage. But the new approach could be hazardous to your wealth. All that the and more tonight on nightly Business Report for friday, may 16th. Good evening, everyone, the bad news for General Motors got even worse today. Federal transportation officials slapped the automaker with a 35 million fine. The biggest allowed by law. For failing to act quickly enough to recall millions of cars with faulty ignition switches that were linked to transportation deaths. The transportation secretary said that gm broke the law by waiting too long to order that recall even though it knew about the switch problem. What we cannot tolerate, what we will never accept is a person or a company that knows danger exists and says nothing. Literally, silence can kill. In a statement, General Motors said quote, we have learned a great deal from this recall. We will now focus on the goal of becoming an Industry Leader in safety. Phil lebeau is with us now with more on General Motors a

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