General Motors Co., dogged by a widening recall crisis, still managed to place the most models atop one of the auto industry’s most closely watched quality measures, with its Chevrolet Malibu besting the Toyota Camry.
Former Vitesse Semiconductor Corp. Chief Executive Officer Louis Tomasetta and ex-Executive Vice President Eugene Hovanec were charged by the U.S. with securities fraud stemming from an options-backdating scheme.
ValueClick Inc., the Westlake Village, California-based Internet-advertising company, fell after forecasting second-quarter revenue that trailed analysts’ estimates as the company reduces paid traffic in its Owned & Operated unit.
General Motors Co.’s brands all scored average or better for the first time since J.D. Power & Associates started studying the dependability of three-year-old vehicles 25 years ago. Industrywide quality had its first drop since 1998.