Business News / Business

GM ignition compensation approved for 29 deaths

The leader of the GM Ignition Compensation Fund has approved settlements for surviving families in 29 fatal accidents involving defective ignition switches.

As of Friday, Kenneth Feinberg, who is directing the assessment of all claims, had ...

AbbVie officially terminates Shire deal

CHICAGO -- North Chicago-based AbbVie has officially killed its planned combination $55 billion takeover of Dublin-based rival Shire following changes to new U.S. tax rules.

The company had recommended its shareholders vote "no" on the deal last ...