Foxx: GM to Pay Record $35 Million Fine on Recall

May 16 (Bloomberg) -- U.S. Transportation Secretary Anthony Foxx says General Motors Co. will pay a record $35 million fine as part of the government’s investigation into how it handled the recall of 2.59 million small cars over faulty ignition switches. Foxx speaks at a news conference in Washington. (This is an excerpt. Source: Bloomberg)
Humana Explores Possible Sale on Cigna Interest
19:59 - Humana is exploring a sale after the company was approached by Cigna about a potential deal. Bloomberg’s Julie Hyman reports on “Bloomberg Markets.” (Source: Bloomberg)
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