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Honda drops Takata air bag inflators after U.S. fine, ban on volatile chemical

November 4, 2015 by · Leave a Comment 

TOKYO/WASHINGTON (Reuters) – Honda Motor Co said it was ditching air bag inflators made by Japan's Takata Corp , after the top U.S. auto safety regulator on Tuesday fined the supplier $70 million and ordered it to stop using…

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Honda drops Takata air bag inflators after U.S. fine, ban on volatile chemical

takeover-on-oct

Fed faces patchwork recovery despite near-normal labor markets

November 4, 2015 by · Leave a Comment 

By Howard Schneider ALEXANDER CITY, Ala (Reuters) – As gleaming new factories turn out Airbus aircraft and Hyundai cars in Alabama's urban centers, this small town that once was home to Russell Athletics shows the dilemma now faced by U.S. policymakers. Economic recovery has…

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Fed faces patchwork recovery despite near-normal labor markets

takeover-on-oct

AB InBev, SABMiller extend takeover deadline to November 11

November 4, 2015 by · Leave a Comment 

Brewer SABMiller Plc has extended the deadline for rival Anheuser-Busch InBev to make a formal $100 billion-plus takeover offer by a further week in order to finalize shareholder support for the deal. The two companies said in a joint statement on Wednesday that London's Panel on Takeovers and Mergers had granted SABMiller's request to push back the deadline to 5 p.m. (12.00 midnight ET) on Wednesday, November 11. The …

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AB InBev, SABMiller extend takeover deadline to November 11