PRESS DIGEST- New York Times business news - March 12
March 12 (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.
* The Justice Department has begun a criminal investigation into General Motors' decade-long failure to address deadly safety problems before announcing a huge vehicle recall last month, according to people briefed on the matter. ()
* Private equity firm Blackstone announced on Tuesday that it had agreed to buy a majority stake in Accuvant, a 12-year-old company that offers cyber security software and consulting services to companies and governments. ()
* The Bitcoin Foundation announced on Tuesday that it had hired Jim Harper, director of information policy studies at the libertarian research group the Cato Institute, as global policy counsel. ()
* Faced with strong demand from hedge funds and wealthy individuals, Puerto Rico sold 17 percent more debt on Tuesday than it had originally planned, a sign that the commonwealth still has ample access to the capital markets. Puerto Rico sold $3.5 billion of debt at an 8.72 percent yield. () Continuación...