CEO Barra calls GM's actions on deadly defect 'unacceptable'

Reuters: General Motors Co. CEO Mary Barra on Tuesday called her company's slow response to faulty ignition switches linked to at least 13 deaths "unacceptable," but she could not give U.S. lawmakers many answers as to what went wrong. After taking an oath at a House of Representatives panel, Barra kicked off the contentious hearing by declaring, "I am deeply sorry" for the company's failure to respond quickly to the safety problem and subsequent deaths.

 

U.S. private job growth accelerates in March

Reuters: U.S. companies picked up the pace of hiring in March, signaling that harsh winter weather's drag on job growth may be fading, according to today's report by payroll processing company ADP. Domestic private employers added 191,000 workers in March, slightly below economists' expectations, while gains in February were revised higher.

 

Music industry pushes unified message on compensation

The New York Times: When it comes to the music industry's lobbying efforts in Washington, it is time for some harmony. That message has gained momentum among music executives, who worry that squabbling among the various players - record labels, music publishers, artists, songwriters - will undermine broader initiatives to push for new legislation and regulatory reform.