Australian compliance-services business SAI Global said it has scrapped talks with two private-equity suitors after the consortium failed to lodge a final bid for the company by a Tuesday night deadline.
The National Highway Traffic Safety Administration should have known a faulty General Motors ignition switch was cutting off power to air bags in its vehicles as early as 2007 but either overlooked evidence or failed to grasp it, according to a congressional report.
U.S. regulatory agencies are investigating the Florida unit of Banco Espírito Santo, the latest front in a multinational effort to untangle the finances behind the collapsed Portuguese business empire.
Publicis once again extended the term of veteran Chief Executive Maurice Lévy, highlighting the French ad group's struggle to find a successor as it searches for ways to rebound from its failed megamerger with Omnicom.
The U.S. consumer-finance regulator has sued troubled for-profit education firm Corinthian Colleges Inc., alleging the company prodded students into taking out unaffordable loans and used aggressive debt collection tactics.