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Latest Business News: GM Cuts Price of Volt Electric Car by 13 Percent

Wochit 0:53 mins

General Motors is knocking 13 percent off the sticker price of the Chevrolet Volt electric car as it tries to keep pace with rivals in the market for plug-in vehicles. The automaker said that the 2014 Volt will start at $34,995, including shipping ? $5,000 less than the current model. U.S. exchange operator BATS Global Markets said its largest stock exchange was accepting orders again after an outage that lasted nearly an hour. Preet Bharara, the United States attorney in Manhattan, discussed why his office indicted the hedge fund SAC Capital Advisors and not its owner, the billionaire Steven A. Cohen.

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