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Toyota recalling 2.9 million vehicles globally over seatbelt issue

February 18, 2016 by · Leave a Comment 

Toyota Motor Corp said on Thursday it is conducting a global recall of 2.87 million vehicles due to the possibility that their seatbelts could be damaged by a metal seat frame part in the event of a crash. In an email, the world's biggest-selling automaker said that the global …

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Toyota recalling 2.9 million vehicles globally over seatbelt issue

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In switch, Bullard warns against rate hikes, suggesting Fed’s direction

February 18, 2016 by · Leave a Comment 

One of the U.S. Federal Reserve's most prominent advocates of higher interest rates on Wednesday declared it “unwise” to move any further in light of weak inflation and global volatility, suggesting the Fed is stepping further away from plans to continue to hike rates. St. Louis Fed President James Bullard argued steadily last year for the U.S. central bank to tighten policy and sounded alarms over the risk that continued low…

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In switch, Bullard warns against rate hikes, suggesting Fed’s direction

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U.S. car makers count among Pacific trade pact skeptics

December 5, 2015 by · Leave a Comment 

U.S. auto makers are unlikely to win a much bigger share of the Japanese vehicle market despite a bid to break down trade barriers under a new Pacific trade pact, a key advisory committee found, highlighting the difficulties ahead in winning votes for the deal through Congress. Car makers joined

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U.S. car makers count among Pacific trade pact skeptics

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First GM China-made import to U.S. to go on sale in mid-2016

December 5, 2015 by · Leave a Comment 

By next summer, the Buick Envision small SUV will become the first General Motors Co model imported from China to be sold in the United States, the company said on Friday. Reuters reported in August that by 2017 most Buick's U.S. sales could be of models produced in either China or Europe. The Envision will give Buick three “crossover” vehicles in the U.S. market.

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First GM China-made import to U.S. to go on sale in mid-2016

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Yahoo board in final talks on future of company

December 5, 2015 by · Leave a Comment 

By Deborah M. Todd SAN FRANCISCO (Reuters) – Yahoo Inc's board of directors on Friday is in the third and final day of meetings that could decide the future of one of Silicon Valley's most prominent but troubled companies. One option on the table for the nine board members is whether to sell Yahoo's core business, which includes Mail, its sports sites, and advertising technology. The company is also in …

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Yahoo board in final talks on future of company