The criminal investigation that opened yesterday into General Motors Co.’s handling of an ignition flaw linked to 12 deaths adds to legal challenges that threaten to overshadow the company’s turnaround.
Billionaire Wilbur Ross invited Paul Ryan over for lunch. Goldman Sachs Group Inc. and Wells Fargo & Co. bankers met with Rand Paul at a fundraiser in Atlanta. Investor Rob Arnott dropped in on Ted Cruz.
Martin Chantree, a senior currency dealer at Lloyds Banking Group Plc, shared details of a pending bank order with a trader at BP Plc to the potential detriment of the bank, according to four people with knowledge of the matter.
The U.S. Justice Department started a preliminary investigation into how General Motors Co. handled the recall of 1.6 million vehicles with faulty ignition switches linked to at least 13 deaths, said a person familiar with the probe.