Ignition Switch Problem News Today

It couldve been brenda. got some quick business headlines for you this morning. more retailers are closing early to be homes for the holidays. staples and game stop businesses closed on thanksgiving so their employees can stay home with their families. good for them. the stores will make up for the lost sales on black friday and the rest of the year. general motors meanwhile warning of a brand new ignition switch problem. brand new suvs being over concerns engines can be turned off unexpectedl...

To see you, thanks for your time. >> coming up, republicans have a three pronged attack for immigration reform. send troops, send back refugees and send nothing to the froor of congress. ill discuss when the national council joins me just ahead. but first, bertha coombs has the market wrap. >> dow up almost 63 points, the s&p hitting a new record, closing up 10 points while the nasdaq gained 31. this afternoon chrysler issuing a recall of some 800,000 jeep models both in the u.s. and canada. the...

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We dont have the ratings for this game yet. domestically, the u.s. soccer league, major league soccer had its lowest rated final it ever had back in 2013, last year. so maybe the sport of soccer is growing in the united states. and passion is growing for soccer in the u.s. but just every four years. back to you. >> rich edson, thanks for that. general motors is preparing for another recall as the ceo says the workers responsible for the deadly ignition switch problem are no longer with the com...

Cars its a successful product for the company, they are selling them again right now. i will say, though, sales overall have not been deemed since february because of the deadly ignition switch problem, sales have not been dinged and the stock is up overall this year. gm, people are still buying cars. if they want to buy a gm or chevrolet car theyll still do it. certainly the reputation hit on the company has been very difficult. >> christine romans reporting live for us, thanks so much. still...

Reporters. she just wrapped up her testimony and the the hearing has ended. she appeared before a host oil committee. this was a gm commission study put together by a chicago attorney. it offered a brutal condemnation of the gm culture which let a known defect to linger and resulted in the indicatings of 13 people. one engineer identified the ignition switch problem. made the design change and kept the serial number the same and leading to years of confusion about why accident data was different...

Marijuana. the fight is on. weapons and locking people up over a plant that grows in the ground. the ceo of general motors back on capitol hill today facing another round of tough questions from a house panel. they accused general motors of engaging in a culture of secrecy by waiting more than a decade to recall cars over an ignition switch problem after 13 people have died. since then the ceo says gms culture is changing. >> i will not rest until these problems are resolved. as i told our emp...

>> indeed. i read michael tomaskys column every time it comes out. >> good for you. >> everyone should do the same. really appreciate you being here. thanks, man. >> my pleasure. cheers. all right. were going to do a quick read alert on the congressional hearing into the recalls at general motors. the government is investigating why gm waited more than a decade to recall cars with an ignition switch problem that has been tied to more than a dozen debts. ceo mary barra told a house subcommittee...

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We will go to detroit. the scene outside of g.m.s headquarters. executives and shareholders meet. the families want their loved ones remembered. >> reporter: you might have thought the shareholders would be upset with g.m. management for their self-confessed incompetence over this recall, ignition switch problem. i will tell you, that was at any time case today. take a look at the headline. mary barr, ceo, getting a big vote of confidence from the g.m. board and said they -- she has their full c...