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Make you pay more for your coverage. But the new approach could be hazardous to your wealth. All that the and more tonight on nightly Business Report for friday, may 16th. Good evening, everyone, the bad news for General Motors got even worse today. Federal transportation officials slapped the automaker with a 35 million fine. The biggest allowed by law. For failing to act quickly enough to recall millions of cars with faulty ignition switches that were linked to transportation deaths. The transportation secretary said that gm broke the law by waiting too long to order that recall even though ...

For the time being. Our road map with the markets under continuing pressure after logging their worst day in more than a month yesterday. Jc penney reporting a smaller than expected First Quarter loss and nordstrom reporting a better than expected firstquarter profit. The seafood lover darden selling red lobster to Golden Gate Capital for 2. 1 billion in cash. A whale tale, the money swimming into verizon. Well explain that later on. All right. Futures as you said, you saw relatively stable after the stock markets worst day in about five weeks. The dow posted the 167point drop. S p fell almost...

Babies to tell you about. Gm hit with a big fine over the handling of its ignition recall debacle. Well discuss the road ahead for the automaker. Cnbc brings you inside the crisis. Youll hear from a gm automobile owner whose car was defective. She will tell you what it was like to experience that dramatic shutdown while driving. First, though, to sue right here at kr6789 nbc headquarters. The stock market a bit calmer after the big selloff. Dow jones industrial average off about 17 points, nasdaq off about 14 points, the s p is down less than a tenth of a percent. The yield is stubbornly right...

Make you pay more for your coverage. But the new approach could be hazardous to your wealth. All that the and more tonight on nightly Business Report for friday, may 16th. Good evening, everyone, the bad news for General Motors got even worse today. Federal transportation officials slapped the automaker with a 35 million fine. The biggest allowed by law. For failing to act quickly enough to recall millions of cars with faulty ignition switches that were linked to transportation deaths. The transportation secretary said that gm broke the law by waiting too long to order that recall even though ...

[applause]. We wish you all the very best because what an extraordinary family you have. And the pleasures of family were hard earned by this young man. So, all right. Thank you very much, everybody. God bless you. God bless america. [applause] forty years ago the watergate scandal led to the only resignation of an american president. American history tv revisits 1974 and the final weeks of the nixon administration. This weekend the House Judiciary Committee as it considers impeachment of the president and the charge of the abuse of power. What you have questions about for what the framers had...