Meat to vegetable oil. Why and how to budget for higher prices this spring. All that and more tonight on nightly Business Report for tuesday, march 11th. A very busy news day for a pair of u. S. Automakers, General Motors and tesla. G. M. Five years after emerging from bankruptcy protection promising to be a Better Company to respond to consumer demands and make better cars the company is under the gun again. Late today the u. S. Attorney in new york city launched a criminal investigation into the the automaker for a decadelong delay in recalling 1. 6 million cars with faulty ignition switches. A problem that caused 13 deaths. That follows an announcement earlier today of a Congressional Committee investigation into what the automaker knew about that defect and why nothing was done about it. Or even correcting that default until last month. Making matters worse, g. M. Knew about that problem for ten years. And so did federal safety officials. Shares of g. M. Tumbled 5 today on news of
Missing Malaysian Air flight. There are now more calls to install new technology so that passenger planes will always be in communication with an airport as we were discussing here yesterday. Absolutely. But get this, joining us today is a former pilot who has flown that same route between c cue kuala lumpur and beijing. An exclusive interview with john watson. His company just announcing it will be cutting production three years from now. Why . And whats changed . Well get answers to that. His view on oil prices and a lot more coming up with the ceo again just after the close. And two doctors with very different views will be joining us. One who says hydrowill start killing people the moment it is released. Its a highly controversial drug thats received fda approval. There are plenty of people who say it should not have. Remember the sgr thats a pretty powerful statement. First to markets where the dow off 80 points as we speak. Nasdaq off about 3 4 of 1 . Down 32 points. And the s p
Meat to vegetable oil. Why and how to budget for higher prices this spring. All that and more tonight on nightly Business Report for tuesday, march 11th. A very busy news day for a pair of u. S. Automakers, General Motors and tesla. G. M. Five years after emerging from bankruptcy protection promising to be a Better Company to respond to consumer demands and make better cars the company is under the gun again. Late today the u. S. Attorney in new york city launched a criminal investigation into the the automaker for a decadelong delay in recalling 1. 6 million cars with faulty ignition switches. A problem that caused 13 deaths. That follows an announcement earlier today of a Congressional Committee investigation into what the automaker knew about that defect and why nothing was done about it. Or even correcting that default until last month. Making matters worse, g. M. Knew about that problem for ten years. And so did federal safety officials. Shares of g. M. Tumbled 5 today on news of
Meat to vegetable oil. Why and how to budget for higher prices this spring. All that and more tonight on nightly Business Report for tuesday, march 11th. A very busy news day for a pair of u. S. Automakers, General Motors and tesla. G. M. Five years after emerging from bankruptcy protection promising to be a Better Company to respond to consumer demands and make better cars the company is under the gun again. Late today the u. S. Attorney in new york city launched a criminal investigation into the the automaker for a decadelong delay in recalling 1. 6 million cars with faulty ignition switches. A problem that caused 13 deaths. That follows an announcement earlier today of a Congressional Committee investigation into what the automaker knew about that defect and why nothing was done about it. Or even correcting that default until last month. Making matters worse, g. M. Knew about that problem for ten years. And so did federal safety officials. Shares of g. M. Tumbled 5 today on news of