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)

One-Third of Growth Due to Fuel: Virgin Australia CEO
51:35 - John Borghetti, chief executive officer at Virgin Australia, discusses his company being back in the black and the impact of low fuel prices. He speaks to Bloomberg's Paul Allen on "Trending Business." (Source: Bloomberg)
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