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General Motors Co. will spend about $100 million to reimburse customers who bought 2016 Chevrolet Traverse, GMC Acadia and Buick Enclave sport utility vehicles with overstated fuel economy figures.
The biggest and most complex U.S. insurance firms are in line to face capital standards that are simpler and less costly than those imposed on Wall Street banks, Federal Reserve Governor Daniel Tarullo said Friday.
They must juggle many moving parts, including jurisdictional variations, the mix of in-house and in-country resources, and the silos of systems involved.
Salvage teams from Greece and Egypt have been joined by French investigators to find more debris as authorities seek to piece together what happened to the Airbus single-aisle jet.
Terrorism is a more probable cause of the EgyptAir crash than a mechanical fault, a senior Egyptian official said after the jetliner plunged into the Mediterranean Sea with 66 people on board.
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