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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

1

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
General Motors

GM loses bid to toss Georgia ignition switch suit

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
Down Arrow Button Icon
August 11, 2014, 3:49 PM ET
General Motors Posts Biggest Quarterly Profit In Six Years
MIAMI - AUGUST 12: A General Motors sign is seen on the Kendall Chevrolet-Dadeland dealership lot on August 12, 2010 in Miami, Florida. General Motors announced it posted second-quarter net income $1.3 billion, or 2.55 a share and on the same day their CEO Edward Whitacre Jr. announced he was stepping down. (Photo by Joe Raedle/Getty Images)Photo by Joe Raedle—Getty Images

General Motors won’t be able to check much of anything off its list of recent worries, as the automaker lost a bid on Saturday to dismiss a lawsuit related to its ignition switch scandal.

GM is being sued for concealing information about the faulty ignition switch in the 2005 Chevy Cobalt driven by 29-year-old Brooke Melton, who died in 2010.

The lawsuit was filed in May, and GM (GM) has attempted to get it thrown out. A judge in Cobb County, Georgia denied GM’s request on Saturday.

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