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  • Where Christmas is most loved—and hated—in the US Tuesday, 16 Dec 2014 | 2:39 PM ET
    Atlanta Falcons cheerleaders during game in Atlanta.

    Every part of the U.S. loves Christmas, but one region loves it more than anywhere else.

  • How life insurers are avoiding up to $100B in taxes Friday, 12 Dec 2014 | 3:44 PM ET
    The Internal Revenue Service headquarters is shown in Washington, April 9, 2014.

    Life insurers are avoiding taxes without leaving the country, saving as much as $100 billion in federal taxes, the NYT reports.

  • These states- Texas, Florida, Arizona, Nevada, North and South Carolina, Georgia and California- accounted for about half of the total job growth in the 12 months to September, according to RBC Capital Markets. The shift bodes well for D.R. Horton Inc, the largest U.S. homebuilder, and rivals Lennar Corp and PulteGroup Inc, each of which gets a large part of its revenue...

  • These are the most-searched vacation spots of 2014 Thursday, 4 Dec 2014 | 1:53 PM ET
    Showgirls at famous Las Vegas welcome sign

    Yahoo has reported the most searched destinations on its website for 2014.

  • WASHINGTON, Dec 2- U.S. House of Representatives Speaker John Boehner urged fellow Republicans on Tuesday to pass a long-term government spending bill next week, avoiding a government shutdown and pushing any budget fight over President Barack Obama's executive order on immigration into 2015.. At a closed meeting of House Republicans to plot strategy on how...

  • TOKYO, Nov 30- Shigehisa Takada, the third-generation head of Takata Corp, shows little sense of the crisis engulfing the Japanese air bag maker at the centre of one of the auto industry's biggest safety recalls, according to three people who have met him recently. More than 16 million vehicles have been recalled worldwide since 2008 over Takata's air bag...

  • Honda admits under-reporting serious US accidents Tuesday, 25 Nov 2014 | 1:10 AM ET

    Honda failed to notify U.S. safety regulators of 1,729 claims of injuries and deaths related to accidents in its vehicles since 2003.

  • The Japanese automaker's U.S. arm responded to a Nov. 3 order from the National Highway Traffic Safety Administration, seeking an explanation for why Honda failed to fulfill its legal obligation to report deaths and injuries, especially those involving air bags. Honda and Japanese supplier Takata Corp have been at the center of investigations of defects in...

  • Honda said in a statement that its count of underreported claims came from a third-party audit. Honda and Japanese supplier Takata Corp have been at the center of investigations of defects in Takata air bags. Since 2008, Honda has recalled more than 7.5 million U.S. cars because defects can cause the inflators in some Takata air bags to rupture, spraying metal...

  • TOKYO, Nov 17- Japan's Toray Industries said it will be the sole supplier of carbon fibre for Boeing Co's 777 X passenger jet in addition to the 787 Dreamliner and expects orders to exceed $8.6 billion for both planes. The new supply contract, which will extend Toray's current one with Boeing for more than 10 years, sent shares in the Japanese company surging 4...

  • UPDATE 1-Scientific Games bond hits new bump in road Thursday, 13 Nov 2014 | 5:43 PM ET

    NEW YORK, Nov 13- Investor pushback forced Scientific Games to widen talk on its much anticipated acquisition financing bond on Thursday, which could leave the underwriters losing money on the deal. The leads announced price talk of 7.00%-7.25% for a US $700 m 7 NC3 senior secured note offering that was roughly in line with whispers. Bankers away from the deal...

  • WASHINGTON, Nov 13- An influential group of U.S. lawmakers, including John McCain, in line to become the head of the Senate's powerful Armed Services Committee, on Thursday pledged to thwart the Pentagon's plans to retire the U.S. fleet of A-10 "Warthog" aircraft. The Pentagon, facing mandatory "sequestration" budget cuts, has sought to eliminate all of the...

  • 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...

  • 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...

  • Nov 5- Duke Energy Corp, the largest U.S. power company by market value, reported a lower-than-expected quarterly profit as a cool summer reduced demand. The company, which also operates in Brazil, Argentina and Chile, said the results were also hurt by lower income from international operations and higher fuel costs. The company sells power to 7.2 million...

  • FRANKFURT, Nov 4- BMW AG has quietly throttled back its expectations for car sales this year, despite reporting a forecast-beating operating profit in the third quarter, when strong demand for sports utility vehicles helped offset lackluster sales of electric cars. While BMW Group is sticking to its goal of selling more than 2 million cars this year, Chief...

  • FRANKFURT, Nov 4- German luxury carmaker BMW AG posted third-quarter operating profit well above expectations on Tuesday thanks to strong demand for its sports utility vehicles. BMW has bet big on electric vehicles and small city cars such as the Mini. In the third quarter, sales of BMW branded cars rose 6.9 percent, as demand for X1, X4 and X5 sports utility...

  • Big utilities pushing into booming home solar market Wednesday, 22 Oct 2014 | 7:00 AM ET

    Solar powers only half a million U.S. homes and businesses, according to solar market research firm GTM Research. In Arizona, the state's largest utility has proposed putting solar panels on 3,000 customers' homes, promising a $30 monthly break on their power bills. Residential solar grew 45 percent in the second quarter from the previous year and installations...

  • 2016 may loom, but Jeb Bush is focused on business Saturday, 20 Sep 2014 | 9:53 AM ET

    While other Republicans are thinking about 2016, former Florida Gov. Jeb Bush is busy tending to a personal business empire.

  • WALLOPS ISLAND, Virginia, Sept 4- Missions flown from the NASA base here have documented some of the most dramatic evidence of a warming planet over the past 20 years: the melting of polar ice, a force contributing to a global rise in ocean levels.