GM to Pay All Claims From Ignition Flaws: Feinberg

June 30 (Bloomberg) -- Attorney Ken Feinberg speaks about details of General Motors Co.'s program to compensate victims of accidents in Cobalts, Ions and other cars with faulty ignition switches. Feinberg, hired by GM to make the payments, says the automaker will pay anyone who proves they were injured in a crash tied to the faulty switches in one of 2.59 million recalled cars, even if they were drunk or texting on their phone at the time of the accident. He speaks at a news conference in Washington. (Source: Bloomberg)
Charting the Fragility of Domestic Demand
08:08 - Bloomberg’s Mark Barton charts the nine-day rally undone by China. Mark takes a look at the Australian dollar, Crude Oil and SABMiller.
  • The Psychological Changes Enacted at Barclays
  • Meeting the Needs of the Global Middle Class
  • No Surprise for China’s Slumping Imports?