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  • Many posts going at North Carolina research site. LONDON, Dec 3- GlaxoSmithKline said on Wednesday it would shed "several hundred" U.S. commercial jobs and a similar number of research positions as it restructures operations in its biggest market, where drug sales are flagging. Many of the jobs lost will be from GSK's Research Triangle Park site in North Carolina...

  • LONDON, Dec 3- GlaxoSmithKline confirmed on Wednesday it would shed several hundred U.S. commercial jobs and a similar number of research positions as it restructures operations in its biggest market, where drug sales are flagging. Many of the jobs lost will be from GSK's Research Triangle Park site in North Carolina as drug research is consolidated in...

  • DETROIT, Nov 26- The U.S. National Highway Traffic Safety Administration on Wednesday ordered Japanese air bag supplier Takata Corp to expand its regional recall of driver-side air bags to cover the entire United States. NHTSA gave Takata until Tuesday to declare that its air bag inflators are defective and issue a recall. Shares in Takata plunged as much as 7.9...

  • DETROIT, Nov 26- The U.S. National Highway Traffic Safety Administration on Wednesday ordered air bag supplier Takata Corp to expand its regional recall of driver-side air bags to cover the entire United States. NHTSA gave Takata until Tuesday to issue a recall. A letter from NHTSA to Takata Senior Vice President Kazuo Higuchi obtained by Reuters said Takata's...

  • NEW YORK, Nov 21- The morning after President Barack Obama announced his sweeping action to overhaul the U.S. immigration system, conservative groups and states were already pulling together legal strategies to dismantle the plan. Opponents said there will likely be a three-pronged legal approach to stymie Obama's moves: Congress could sue the president for...

  • NEW YORK, Nov 20- U.S. banks are taking on "incredible" risk in corporate and commercial lending, offering interest rates and terms that do not reflect potential losses, BB&T Corp Chairman and Chief Executive Kelly King said on Thursday. U.S. commercial banks had $1.74 trillion worth of commercial and industrial loans as of October on a seasonally adjusted basis,...

  • WASHINGTON, Nov 18- The U.S. auto safety regulator on Tuesday called on Japanese supplier Takata and five automakers to expand nationwide a regional recall of potentially deadly air bags, increasing pressure on the industry to act more swiftly in the growing scandal. The National Highway Traffic Safety Administration also scolded Takata for what it called "an...

  • TOKYO, Nov 19- Honda Motor Co said on Wednesday it had not received a notice from U.S. safety regulators about expanding nationwide a previous region-specific recall of flawed air bags supplied by Takata Corp.. The National Highway Traffic Safety Agency's call for a recall expansion was prompted by an August incident in North Carolina, outside the area...

  • WASHINGTON, Nov 18- The U.S. auto safety regulator on Tuesday announced it has called on Japanese supplier Takata and automakers to expand nationwide their previously regional recall of flawed air bags. National Highway Traffic Safety Administration Deputy Administrator David Friedman told reporters on Tuesday that Takata has so far expressed an "...

  • TAKATA RECALL BASED ON NEW INFORMATION, SPECIFICALLY AN INCIDENT IN NORTH CAROLINA- U.S.

  • The evolution of insect resistance "is a great threat" long- term to the sustainability of the GMO crop biotechnology that has become a highly valued tool for many U.S. farmers, according to Fangneng Huang, an entomologist at Louisiana State University and lead researcher for a three-year study. The research documents resistance by fall armyworms in the...

  • Armyworm resistance to GMO crops seen in U.S. -study Monday, 17 Nov 2014 | 2:00 PM ET

    The evolution of insect resistance "is a great threat" long- term to the sustainability of the GMO crop biotechnology that has become a highly valued tool for many U.S. farmers, according to Fangneng Huang, an entomologist at Louisiana State University and lead researcher for a three-year study. The research documents resistance by fall armyworms in the...

  • The 2007 Mustang was part of a June recall of millions of cars from nine manufacturers because air bag inflators made by Japanese supplier Takata Corp could rupture and send metal fragments into the cabin. The so-called "regional recalls" were carried out mainly in high-humidity states such as Florida after Takata said the inflators could be susceptible to...

  • Ford says investigating air bag injury in Mustang Sunday, 16 Nov 2014 | 8:42 PM ET

    DETROIT, Nov 16- Ford Motor Co said on Sunday night it is cooperating with U.S. safety regulators investigating a report that the driver of a 2007 Ford Mustang was injured in August in North Carolina by a metal fragment from the car's air bag.

  • WASHINGTON, Nov 13- The U.S. Export-Import Bank has mischaracterized potentially hundreds of large companies and units of multinational conglomerates as small businesses, a flaw in its record keeping that could undermine the export lender's survival strategy. "Rarely does Ex-Im miss a opportunity to claim that it primarily helps small business, but Ex-Im is...

  • WASHINGTON, Nov 13- The U.S. Export-Import Bank has mischaracterized potentially hundreds of large companies and units of multinational conglomerates as small businesses, a flaw in its record keeping that could undermine the export lender's survival strategy. A Reuters analysis showed companies owned by billionaires like Warren Buffet and Mexico's...

  • NEW YORK, Nov 12- When faced with the prospect of outliving their money, most people might toss and turn at night or obsess about where to slash their budgets. A new survey from Wells Fargo shows 22 percent of people say they would rather die early than not have enough cash to live comfortably in retirement. "These are pretty sobering statistics," says Joe Ready,...

  • UPDATE 1-International Market Centers files for IPO Monday, 10 Nov 2014 | 6:01 PM ET

    Nov 10- International Market Centers Inc, a provider of showroom space to home furniture and decor companies such as Bassett Furniture Industries and La-Z-Boy Inc, filed with U.S. regulators for an initial public offering of common stock. The company, formed in 2011 by funds affiliated with Bain Capital LLC and Oaktree Capital Management LP, said it intended to...

  • NEW YORK, Nov 7- Bank of America Corp and US Bancorp have reached a $69 million settlement in a class action lawsuit over their roles as trustees for securities backed by risky mortgages from Washington Mutual Inc, which failed in 2008.. Both defendants denied liability, and Bank of America would make the $69 million cash payment on behalf of itself and US Bancorp,...

  • NEW YORK, Nov 7- Bank of America Corp and US Bancorp have reached a $69 million settlement of litigation over their roles as trustees for securities backed by home loans from Washington Mutual Inc, which failed in 2008.. Both defendants denied liability, and Bank of America would make the $69 million cash payment on behalf of itself and US Bancorp, the papers show.