Apr 01

GM CEO, safety watchdog to testify before Congress

General Motors' new CEO and the head of the nation's auto safety watchdog are headed to Congress to testify about a defect in small cars that is linked to 13 deaths. In written testimony released ahead of a Tuesday House…

Detroit filed its bankruptcy strategy in federal court Friday morning. The comprehensive plan, drafted by state-appointed emergency manager Kevyn Orr, details how the city will restructure its $18 billion debt through cuts to pensions and creditors, and emerge from…