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Recalled cars create a costly problem for U.S. auto dealers

With the recalls affecting Honda vehicles dating back several years, used-car dealers are facing increased pressure. It is legal under federal law to sell used cars with unrepaired safety defects that are subject to recall, but dealers that operate under franchises with manufacturers could be violating those agreements. It is illegal to sell new cars that are subject to a recall under federal law.

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Recalled cars create a costly problem for U.S. auto dealers

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As Big Oil shrinks, boards plot different paths out of crisis

By Ron Bousso and Terry Wade LONDON/HOUSTON (Reuters) – As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis. Crude prices have tumbled around 70 percent over the past 18 months to around $35 a barrel, leading to five of the world's top …

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As Big Oil shrinks, boards plot different paths out of crisis