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GM recalling nearly 290,000 U.S. cars for air bag defect

WASHINGTON (Reuters) – General Motors Co said Thursday it is recalling nearly 290,000 older Chevrolet Impala cars in the United States because the air bag may not deploy in the event of the crash. The largest U.S. automaker said the front passenger seat frame in the 2009 and 2010 model Impala cars may rub against and damage electrical wires, which could cause the airbag fuse to short. Dealers will add anti-

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GM recalling nearly 290,000 U.S. cars for air bag defect

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Novartis executive exodus complicates drugmaker’s rebuilding job

By John Miller ZURICH (Reuters) – With seven departures in the space of five months, Novartis's top management is in upheaval just as CEO Joe Jimenez tries to tackle a list of challenges that have seen the drug firm's share price fall 25 percent since July. The most dramatic exit came last week, when head of pharmaceuticals David Epstein quit as his division was broken in two. By splitting oncology into a department of its own, Novartis aims to make the most of…

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Novartis executive exodus complicates drugmaker’s rebuilding job

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Ford seeks partnerships as it looks beyond car-making

By Joseph White DETROIT (Reuters) – Ford Motor Co Chairman Bill Ford said on Monday the automaker would look for more partnerships with other companies as it moves to expand beyond manufacturing and selling cars and trucks. “You’ll see a lot of partnerships, a lot more than you…

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Ford seeks partnerships as it looks beyond car-making

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Fiat Chrysler recalls 1.1 million cars, SUVs for rollaway issue

By David Shepardson WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV said on Friday it is recalling more than 1.1 million cars and SUVs worldwide because the vehicles may roll away after drivers exit. The recall covers the 2012-2014 Dodge Charger and Chrysler 300 sedans…

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Fiat Chrysler recalls 1.1 million cars, SUVs for rollaway issue

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Ford plans to move Michigan offices into two new modern campuses

By Joseph White DETROIT (Reuters) – Ford Motor Co said on Tuesday it will modernize and consolidate its sprawling Dearborn, Michigan, engineering and headquarters facilities over the next decade into two Silicon Valley-style campuses. The auto company plans to move about 30,000 employees now housed in 70 buildings, some of which were built in the 1950s. One location will be focused on engineering, research, technology and vehicle development and

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Ford plans to move Michigan offices into two new modern campuses

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Ex-employee sues VW in U.S. over data deletion: German media reports

A former employee of Volkswagen's U.S. subsidiary is suing the company for damages, claiming he was unlawfully fired after flagging internally what he alleged was illegal deletion of data, a group of German media outlets said on Sunday. The former employee at Volkswagen Group of America's data processing center in …

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Ex-employee sues VW in U.S. over data deletion: German media reports

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U.S. judge rejects motion to review GM ignition switch deal

The motion filed by Lance Cooper, a Georgia attorney who first publicly exposed the defect, accused a lawyer leading federal litigation over the switch, Robert Hilliard, of mismanaging the cases and negotiating a multimillion dollar settlement primarily to benefit his own clients, rather than all plaintiffs. Cooper had asked U.S. District Judge Jesse Furman in Manhattan, who oversees the federal switch litigation…

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U.S. judge rejects motion to review GM ignition switch deal

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Philips in lighting partnerships with Cisco, SAP and Bosch

AMSTERDAM (Reuters) – Philips has entered strategic partnerships with Cisco , SAP and Bosch [ROBG.UL] under which the Dutch company will become a preferred supplier of networked lights.

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Philips in lighting partnerships with Cisco, SAP and Bosch

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Yahoo will not spin off Alibaba stake, weighs core business sale: CNBC

SAN FRANCISCO/BENGALURU (Reuters) – Yahoo Inc is weighing a sale of its core Internet business and will not sell its stake in Chinese e-commerce firm Alibaba Group Holding Ltd , CNBC reported, with an announcement coming as soon Wednesday. The moves represent a stark rejection of Chief Executive Officer Marissa Mayer's plan to sell the $30 billion Alibaba stake and to

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Yahoo will not spin off Alibaba stake, weighs core business sale: CNBC

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Yogawear retailer Lululemon’s quarterly profit falls 12 pct

(Reuters) – Canadian yogawear retailer Lululemon Athletica Inc reported a 12 percent fall in third-quarter profit as costs soared.

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Yogawear retailer Lululemon’s quarterly profit falls 12 pct

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