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
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
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
Good evening. As militants get closer to baghdad, the u. S. Has put armed drones in the skies over baghdad, presumably in case it comes to that. They will be prepared to use them against these isis militants who have picked up americanmade weapons on their way from syria through iraq and are driving some americanmade vehicles in their armed assault on the Population Centers along the way. This is an escalation for the United States which has pledged no combat troops even while it strengthens the number of military advisers now operating on the ground. In short, the situation in iraq remains a mess tonight as it has been on and off for a decade. We start with our chief foreign correspondent, richard engle, who is back in baghdad. Richard, good evening. Reporter good evening, brian. Feels like weve been here before. Once again, im on a baghdad rooftop, a curfew is in place. And now armed American Drones and planes are above. Theyre not authorized to fire on militants unless to directly p
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