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  • Honda said "it is not aware of any claimed injuries or fatalities that have been confirmed" related to the issue. The action, upgrading Honda's "safety campaign" to a formal recall, comes a day after U.S. safety regulators, for the second time this week, ordered Honda to provide information under oath about its air bags. Honda is Takata's biggest customer, and the two...

  • TOKYO, Nov 7- Shares in Takata Corp fell more than 4 percent on Friday, reversing earlier gains after a newspaper reported that the Japanese auto parts maker had concealed the risks of potentially defective air bags following an accident in 2004.. The New York Times reported Takata had secretly conducted tests on 50 airbags retrieved from scrap yards after the...

  • DETROIT, Nov 6- Honda Motor Co said it will recall an undisclosed number of U.S. cars from model years 2001 to 2006 to replace potentially defective Takata Corp air bags. Honda did not provide a precise total. Honda said the cars were sold or registered in high-humidity states or territories, including Alabama, Florida, Georgia, Hawaii, Louisiana, Mississippi, South...

  • TALLAHASSEE, Fla., Nov 3- Florida's water war against Georgia advanced as the U.S. Supreme Court agreed on Monday to hear an interstate dispute on whether Atlanta's suburbs are sucking dry the river flow that feeds the oyster beds and fisheries of the northern Gulf Coast. Georgia had sought to dismiss the suit, filed last October by Florida Governor Rick Scott, that...

  • WASHINGTON, Oct 30- Media General Inc has won U.S. antitrust approval to buy LIN Media LLC after agreeing to divest television stations in five markets, the Justice Department said on Thursday. To win government approval for the deal, the companies agreed to sell one station in Birmingham, Alabama, two in Savannah, Georgia, one near Alabama's border with Florida, one...

  • UPDATE 4-Apple's Cook: "I'm proud to be gay" Thursday, 30 Oct 2014 | 12:24 PM ET

    *Apple Chairman Art Levinson calls Cook "courageous". Oct 30- Apple Inc CEO Tim Cook on Thursday became the most prominent American corporate leader to come out as being gay, saying he was trading off his closely guarded privacy for the chance to help move forward civil rights. The Alabama native, who has spoken out against discrimination of lesbian, gay, bisexual and...

  • *Shares open at $32 and touch a high of $33.30. Oct 29- Shares of Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, rose as much as 45 percent in their market debut, in the latest MLP offering to win investor confidence. Royal Dutch Shell is the first of the industry majors to take an MLP public as a means of monetizing assets while...

  • Oct 29- Shares of Shell Midstream Partners LP, a master limited partnership formed by Royal Dutch Shell Plc, rose as much as 41 percent in their market debut, in what was the largest initial public offering by an MLP in a decade. Royal Dutch Shell became first of the industry majors to take an MLP public as a way to monetize assets while lowering the cost of capital.

  • NEW YORK, Oct 27- U.S. stocks edged lower in afternoon trading on Monday, pausing after the S&P 500' s biggest weekly gain since January 2013, as energy shares fell with another decline in oil prices. Shares of Gilead Sciences, due to report results Tuesday, were up 1.8 percent and helped to limit some of the declines. Micron Technology jumped 3.5 percent and was the...

  • DETROIT, Oct 22- The United Auto Workers hopes to be recognized as the exclusive bargaining agent for workers at a Volkswagen AG assembly plant in Chattanooga, Tennessee within a year, the union's President Dennis Williams said on Wednesday. He said "I hope so," however, when asked if the UAW would gain recognition to bargain for VW workers by the time contract talks...

  • *Netflix tumbles after quarterly results. NEW YORK, Oct 16- The S&P 500 and Nasdaq eked out slight gains after another choppy session on Thursday as economic data eased fears about the potential effect of a weakening global economy on the United States. Providing some support to the market, St. Louis Federal Reserve Bank President James Bullard told Bloomberg...

  • *Netflix tumbles after quarterly results. *UnitedHealth leads Dow, S&P higher. NEW YORK, Oct 16- The S&P 500 and Nasdaq moved in and out of positive territory in afternoon trading Thursday after starting the day with losses, as economic reports eased fears about the potential impact of a weakening global economy on the United States.

  • Oct 3- The United Auto Workers on Friday announced the formation of UAW Local 112 for hourly workers at Daimler AG's Mercedes-Benz plant in Alabama, and confirmed it will work with two German labor groups to organize the plant. "What happens here is important to the future of the labor movement," said UAW president Dennis Williams, who swore in the initial members of...

  • UAW forms new local for Daimler Alabama workers Friday, 3 Oct 2014 | 5:51 PM ET

    Oct 3- The United Auto Workers on Friday announced the formation of UAW Local 112 for hourly workers at Daimler AG's Mercedes-Benz plant in Alabama, and confirmed it will work with two German labor groups to organize the plant. The American union's efforts at the plant will be similar to a strategy it employed for the Volkswagen AG plant in Chattanooga, Tennessee,...

  • MUMBAI, Oct 3- A former Infosys Ltd employee responsible for starting a U.S. investigation into the Indian information technology company's visa practices has filed another lawsuit, demanding damages for alleged wrongful termination. U.S. national Jack Palmer, who was employed by Infosys in Alabama, said in the lawsuit filed on Thursday with a New Jersey court...

  • DETROIT, Oct 2- The United Auto Workers and two German labor groups will announce on Friday plans to work together to organize Daimler AG's Mercedes-Benz plant workers in Alabama, sources close to one of the German labor groups said on Thursday. The goal is for the UAW to eventually represent Daimler workers in Alabama in negotiations with the luxury automaker.

  • Daimler works council to meet UAW union in Alabama Friday, 26 Sep 2014 | 12:34 PM ET

    FRANKFURT/ DETROIT, Sept 26- Daimler's works council boss will travel to the carmaker's factory in Alabama, United States, to explore possibilities for improving worker representation at a plant that is a key target for the United Auto Workers union.

  • DETROIT, Sept 25- Kevyn Orr will end his 18- month term as Detroit's emergency manager this week, leaving a city still mired in operational and fiscal uncertainty and arguing in court for approval of its bankruptcy plan.

  • Bank of Montreal is sued over Tom Petters' Ponzi scheme Thursday, 18 Sep 2014 | 6:58 PM ET

    Sept 18- Bank of Montreal was sued on Thursday by a trustee liquidating two Florida funds that claimed to have lost money in a Ponzi scheme operated by Minnesota businessman Thomas Petters.

  • WASHINGTON, Sept 11- A top Boeing Co executive on Thursday showed no concern that rival Airbus could receive U.S. Export-Import Bank financing for its U.S-manufactured jetliners if it met qualifications.