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  • WASHINGTON, March 5- U.S. auto safety regulators are considering unprecedented steps to speed up the replacement of potentially deadly Takata Corp air bags in millions of cars that remain on American roads despite massive recalls initiated by automakers. Rosekind, a former member of the National Transportation Safety Board, which investigates major...

  • Wisconsin close to becoming 25th right-to-work state Thursday, 5 Mar 2015 | 1:13 AM ET

    MADISON, Wis.— With Wisconsin positioned to become the third Midwestern state in as many years to enact a right-to-work law, proponents are touting job growth in Indiana as reason for optimism while detractors say union membership slides in Michigan signal potential problems. Following in the footsteps of Indiana and Michigan, the two most recent states to...

  • NEW YORK, March 4- A U.S. judge has dismissed antitrust litigation accusing a variety of Wall Street banks and commodity merchants of conspiring to drive up aluminum prices by reducing supply. District Judge Katherine Forrest in Manhattan rejected claims brought by aluminum purchasers against several defendants including Goldman Sachs Group Inc, JPMorgan...

  • NEW YORK, March 4- A U.S. judge dismissed antitrust litigation accusing the parent of the London Metal Exchange, the large mining company Glencore Plc and two other foreign defendants of being part of a conspiracy among Wall Street banks and commodity merchants to drive up aluminum prices by reducing supply. District Judge Katherine Forrest in Manhattan ruled...

  • DETROIT— Toyota has announced sweeping management changes that consolidate power with North American CEO Jim Lentz and promote some U.S. executives to senior posts in Japan. Toyota also promoted North American communications chief Julie Hamp to chief communications officer for the entire company. And it named Chris Reynolds a managing officer and chief...

  • 5 stunners from the Geneva car show Wednesday, 4 Mar 2015 | 7:07 AM ET

    GENEVA— Forget driverless cars, electric power or even green technology. There is no doubt what visitors are coming to see at the glamorous Geneva motor show: supercars. "There are an awful lot of fast cars and supercars on display this year," said Jim Holder, editor-in-chief of Autocar magazine.

  • DETROIT— The U.S. government's highway safety agency has closed an investigation into reports of Michelin truck tire failures without seeking a recall. The National Highway Traffic Safety Administration began investigating the 2014 model of Michelin's 22.5- inch diameter XZA tires in October after getting six complaints and a police report about seven...

  • General Motors, Honda lead all automakers in recalls Tuesday, 3 Mar 2015 | 2:53 PM ET

    DETROIT— General Motors Co. and Honda Motor Co. topped the U.S. government's list of automakers with the most recalled vehicles last year. Widening problems with air bag inflators made by Japan's Takata Corp. pushed Honda into second place with 18 recalls totaling just over 9 million vehicles. More than half of Honda's recalled vehicles— 5.4 million— were due to...

  • Eleven analysts surveyed by Thomson Reuters had expected a year-to-year gain of 7.1 percent. The 48 economists polled by Thomson Reuters, on average, predicted annualized sales in February of 16.7 million vehicles. "There was definitely a slowdown" in sales after February 20, "said Mark LaNeve, Ford Motor Co's U.S. sales vice president.

  • US adds 2 models to probe of Ford door latches Tuesday, 3 Mar 2015 | 12:13 PM ET

    DETROIT— U.S. safety regulators are adding two models to an investigation of Ford Motor Co. door latches that may not close properly. The National Highway Traffic Safety Administration said Tuesday it's including the 2013 Ford Fusion and Lincoln MKZ midsize cars to the probe of latches on 2011-2013 Ford Fiesta compact cars. The investigation now covers...

  • DETROIT— U.S. safety regulators are investigating reports of steering problems that could affect up to 1,500 Pierce fire trucks nationwide. The National Highway Traffic Safety Administration says the probe covers trucks made since the 2004 model year. Also, the agency cited media reports of wheels falling off trucks three times the Baltimore area.

  • Freezing temperatures, disruptions at West Coast ports and rising gas prices took a bite out of U.S. auto sales last month. Toyota and Subaru reported double-digit sales increases over last February, and Hyundai surprised with sales up 7 percent. Chrysler, General Motors, Honda and Nissan all saw gains of 6 percent or less.

  • DETROIT, March 2- General Motors Co wants to boost the U.S. market share for its GMC truck brand by two-thirds over the next decade by advertising more heavily and introducing new vehicles, a top executive said on Monday. To help with its goal to boost its share to 5 percent from about 3 percent now, it is almost doubling spending on the brand in that time frame,...

  • DETROIT, March 2- Berkshire Hathaway Chief Executive Warren Buffett, one of the largest shareholders in General Motors Co, said on Monday he would be wary of putting former U.S. autos task force member Harry Wilson or anyone else on the company's board if the focus was on the short-term performance of the automaker. In a statement to CNBC, Wilson said he is not a...

  • DETROIT, March 2- Warren Buffett, Berkshire Hathaway's billionaire chief executive and one of the largest shareholders in General Motors Co, told CNBC on Monday he disagrees with putting former U.S. auto task force member Harry Wilson on the automaker's board. Berkshire Hathaway owned 2.55 percent of GM's shares at the end of last year, according to documents...

  • DETROIT— When Alison Norris couldn't find work in Detroit, she searched past the city limits, ending up with a part-time restaurant job that's 20 miles away but takes at least two hours to get to via separate city and suburban bus systems. For many city residents with limited skills and education, Detroit is an employment desert, having lost tens of thousands of...

  • Business events scheduled for the coming week Friday, 27 Feb 2015 | 1:26 PM ET

    WASHINGTON— Commerce Department releases personal income and spending for January, 8:30 a.m. Eastern; Institute for Supply Management releases its manufacturing index for February, 10 a.m.; Commerce Department releases construction spending for January, 10 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Labor Department...

  • BUSINESS-NEWS-SCHEDULE AT 1600 GMT / 11:00 a.m. ET Friday, 27 Feb 2015 | 11:37 AM ET

    WASHINGTON- U.S. economic growth brakes more sharply than initially thought in the fourth quarter as businesses slow their pace of stock accumulation and the trade deficit widens, but the underlying fundamentals remain solid. CHICAGO- Moody's Investors Service cuts Chicago's already-weak credit rating one notch to Baa2, citing the city's growing costs...

  • Business events scheduled for the coming month Friday, 27 Feb 2015 | 11:24 AM ET

    WASHINGTON— Commerce Department releases personal income and spending for January, 8:30 a.m. Eastern; Institute for Supply Management releases its manufacturing index for February, 10 a.m.; Commerce Department releases construction spending for January, 10 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Labor Department...

  • DETROIT— Fiat Chrysler is recalling more than 467,000 Dodge and Jeep SUVs worldwide to fix a faulty fuel pump relay at the root of a potential stalling problem. The recall announced Friday by the company covers 2012 and 2013 Dodge Durangos and 2011 Jeep Grand Cherokees outside North America. The September recall affected Grand Cherokees and Durangos from 2011...