PRESS DIGEST- New York Times business news - Nov 25
Nov 25 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
* Ten years after a crash that killed a passenger, a Texas woman's guilty plea was overturned after it became clear that the General Motors Co's faulty ignition switch was to blame.(nyti.ms/1xvQUJ4)
* Richard Baker, the chief executive of the Hudson's Bay Co which owns Saks, announced that Hudson's Bay had taken out a loan against the Saks Fifth Avenue flagship that values the department store, one of New York's temples of luxury retailing, at nearly $4 billion, making it one of the most valuable retail properties in the country.(nyti.ms/1zTk4EX)
* Honda Motor Co Ltd grossly underreported to federal regulators the number of deaths and injury claims linked to possible defects in its vehicles for more than 10 years. An audit found that Honda did not report 1,729 written claims or notices on injuries or deaths from mid-2003 through mid-2014. (nyti.ms/1ya46qz)
* The Financial Industry Regulatory Authority fined Citigroup Inc $15 million for failing to adequately supervise its research analysts' interactions with the bank's clients. Citigroup agreed to settle the case with the authority without admitting or denying the accusations. (nyti.ms/1rlPcYD) Continued...