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  • At first the Jan. 24, 2014, crash on U.S. 50 in Cincinnati's eastern suburbs drew only the attention of Ohio authorities, who faulted the semi driver for not properly inspecting the hitch that holds the trailer to the tractor. Given the nearly 1 ½- year gap between the crash and the investigation, the safety agency could face renewed criticism for failing to...

  • DETROIT— Newer cars aren't supposed to need more oil between oil changes, but Consumer Reports found that some engines— mainly from Audi, BMW and Subaru— require an extra quart as often as once a month. In an annual survey of car owners, significant numbers reported what the magazine considered to be excessive oil consumption. "The companies should be willing to step...

  • *Former bankruptcy judge: Puerto Rico "urgently needs our help". Steven Rhodes, the retired U.S. bankruptcy judge who oversaw Detroit's historic bankruptcy and has now been retained by Puerto Rico to help solve its problems, gave a blunt assessment on Monday. Puerto Rico "urgently needs our help," Rhodes said.

  • NEW YORK, June 29- Puerto Rico is "insolvent" and will soon run out of cash, according to a newly appointed adviser to the commonwealth who was the judge who oversaw the historic bankruptcy of Detroit. The U.S. territory's future hinges on gaining eligibility for debt restructuring under the U.S. bankruptcy code, a process it does not currently have access to, said...

  • STEVEN RHODES, WHO DEALT WITH DETROIT BANKRUPTCY, SAYS AT PUERTO RICO MEETING THAT HE HAS "BEEN RETAINED TO BRING TO BEAR MY EXPERIENCE IN DETROIT TO HELP COMMONWEALTH SOLVE ITS PROBLEM".

  • SUAREZ SAYS STEVEN RHODES, WHO DEALT WITH DETROIT BANKRUPTCY, INVITED TO MEETING, SO PUERTO RICO CAN LEARN HOW A DEBT RESTRUCTURING PROCESS TAKES PLACE.

  • White House: No federal bailout for Puerto Rico Monday, 29 Jun 2015 | 1:28 PM ET

    WASHINGTON— The White House threw cold water Monday on the notion of bailing out Puerto Rico from its financial crisis, instead urging Congress to consider changing the law so the island can declare bankruptcy. But White House spokesman Josh Earnest said the federal government would provide financial expertise and access to existing resources— but not a...

  • DETROIT— The death toll from faulty ignition switches in General Motors' small cars has risen by two to 119.. Victims' families are being offered compensation of at least $1 million each by attorney Kenneth Feinberg, who was hired by GM last year. GM paid $200 million to settle claims filed with Feinberg as of March 31.

  • At 4:35 a.m. each weekday, Stan Paul drives out of his Southern California suburb with 10 passengers in a van, headed to his job as an undergraduate counselor at the University of California, Los Angeles. On the return trip, Los Angeles' infamously snarled traffic often stretches their afternoon commute to three hours. "If we don't change, in 2045, the...

  • The problem is clear: Traffic congestion will become significantly worse and more widespread without big changes in how people and products get around. The possible solutions are many, but none is easy or cheap. The nation's driving capital, Los Angeles, is making a multibillion-dollar investment in building or extending five rail lines.

  • US opens probe of Ford F-150 power brake failures Friday, 26 Jun 2015 | 8:42 AM ET

    DETROIT— U.S. safety regulators are investigating complaints that the power brake assist can fail on some Ford F-150 pickup trucks. The National Highway Traffic Safety Administration says the probe covers about 250,000 pickups from the 2011 and 2012 model years with 3.5- liter six-cylinder turbocharged engines. The agency says in documents posted on its...

  • Business events scheduled for the coming month Friday, 26 Jun 2015 | 6:27 AM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for June, 10 a.m.; Commerce Department releases construction spending for May, 10 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Labor Department releases employment data for June, 8:30 a.m.; Freddie Mac, the mortgage company, releases weekly mortgage...

  • Congress this week gave Obama "fast-track" power to speed the agreement through Congress. Microsoft Corp, International Business Machines Corp, AT&T Inc and Intel Corp see exports of digital services, such as software and technology consulting, rising in Asian markets. The deal would eliminate a 25 percent tariff on pickup trucks made in Japan and southeast...

  • DETROIT, June 25- General Motors Co said on Thursday it will incur a $600 million charge on its second-quarter net profits because of a change in the way it values Venezuelan currency. Despite the significant challenges in Venezuela, this market continues to be very important to us. " In April, GM had announced it would likely end vehicle production in Venezuela in...

  • DETROIT— Subaru is recalling some 2015 vehicles to fix a software problem that could cause the automatic braking system to fail. Subaru says in documents posted by U.S. safety regulators that the problem can increase the risk of a crash. Subaru says it could take too long for the car to tell the driver that the assist system shouldn't be used.

  • Acura recalls 106,000 MDX SUVs; pulley can fall off Thursday, 25 Jun 2015 | 10:04 AM ET

    DETROIT— Acura is recalling about 106,000 SUVs because an air conditioner pulley can fall off, creating a hazard for other motorists. The Honda luxury brand says the recall covers 2014 and 2015 MDX SUVs. The air conditioner clutch drive bolt can loosen or break, which could cause a pulley to fall under the vehicle.

  • DETROIT— Mitsubishi is recalling about 460,000 cars in the U.S. because the air bags have the potential to push sun visors into passengers and cause injuries in a crash. Mitsubishi reported the first injury claim was filed in March of 2006, and other claims were filed in 2010, 2012, 2013 and 2014. Yet the cars were not recalled until May, the company said in...

  • Detroit, June 24- General Motors Co is developing technology to allow new features to be downloaded wirelessly, the automaker's head of vehicle development said on Wednesday. Reuss, meeting with reporters in Detroit, did not lay out a specific timetable for deploying the new, upgradeable electrical and data systems, but indicated it would be soon.

  • New Chevy Cruze gets bigger and roomier with more power Wednesday, 24 Jun 2015 | 7:00 PM ET

    DETROIT— Five years ago, General Motors revealed an all-new compact car in the U.S. that was designed to enter a market that GM ignored for decades. The Chevrolet Cruze accomplished its mission. "We retained all the attributes that made the original Cruze a hit around the globe and built on them to make this car more sophisticated, more fun," said Alan Batey, GM's North...

  • Fiat Chrysler recalls Jeep SUVs for water leak problem Wednesday, 24 Jun 2015 | 3:30 PM ET

    DETROIT— Fiat Chrysler is recalling 164,000 Jeep Cherokee SUVs worldwide to install shields that stop water from getting into the power rear lift gate controls. The company says the recall covers the 2014 and 2015 model years. It addresses a problem that could cause a fire.