NEW YORK - Federal prosecutors are developing a criminal fraud case hinged on whether General Motors made misleading statements about a deadly ignition switch flaw, and are examining activity dating back a decade, before GM's 2009 bankruptcy, according to multiple sources familiar with the investigation.
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PARIS - European planemaker Airbus confirmed on Monday that it would sell revamped versions of its A330 wide-body jet powered by Rolls-Royce Trent 7000 engines and offering 14 percent fuel savings.
ZURICH - Swiss chocolate maker Chocoladefabriken Lindt & Spruengli said it had agreed to acquire family-owned U.S. candy business Russell Stover, making it the no.3 chocolate manufacturer in North America.
The weird movements in Cynk’s stock was first flagged by the finance blog Zero Hedge on Monday, and throughout the week went from a joke about the heights of the tech bubble in certain corners of the finance internet to a legitimate news story.