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  • DIARY - Top Economic Events to Dec 9 Wednesday, 26 Nov 2014 | 7:01 PM ET

    MELBOURNE- Australian Treasury Secretary Martin Parkinson speaks in Melbourne, Australia- 0130 GMT. FRANKFURT- ECB board member Vitor Constancio participates in a press roundtable on the occasion of the " November 2014 Financial Stability Review" presentation organized by the European Central Bank in Frankfurt, Germany. LIMASSOL, Cyprus- 5th Limassol...

  • DETROIT, Nov 26- Chrysler Group LLC will send recall notifications to owners of vehicles equipped with potentially defective Takata Corp air bags nearly two weeks earlier than planned, the company said late Wednesday. Chrysler's delay in alerting owners of potential defects in the Takata air bags "exacerbates the risk to motorists' safety," the NHTSA said in a...

  • US agency threatens to act against air bag maker Wednesday, 26 Nov 2014 | 11:38 AM ET

    DETROIT— A dispute between U.S. safety regulators and air bag maker Takata Corp. escalated Wednesday when the government threatened fines and legal action if the company fails to admit that driver's air bag inflators are defective and to agree to a nationwide recall. In a letter to Takata's Washington office, the National Highway Traffic Safety...

  • Japanese firm to build rail cars near Los Angeles Wednesday, 26 Nov 2014 | 11:11 AM ET

    The county Metropolitan Transportation Authority said at least 150 jobs will be created when Kinkisharyo International of Osaka retrofits an existing manufacturing facility in Palmdale. Two years ago, Kinkisharyo won an $890 million contract to build 175 rail cars for Metro and said it would move some manufacturing from Japan to Palmdale.

  • DETROIT, Nov 26- Chrysler Group LLC must expand its regional recall of vehicles with Takata Corp air bags and begin notifying customers of the action by Monday, the U.S. National Highway Traffic Safety Administration said. Chrysler's delay in alerting owners of potential defects in Takata air bags "exacerbates the risk to motorists' safety," the NHTSA said in a...

  • WASHINGTON, Nov 26- Mitt Romney, the Republican Party's unsuccessful presidential nominee in 2012, leads the field for the 2016 election among Republican voters, according to a Quinnipiac University poll released on Wednesday. Among possible Republican candidates, Romney's 19 percent put him ahead of former Florida governor Jeb Bush with 11 percent, New...

  • DETROIT, Nov 26- Chrysler Group LLC must expand its recall of vehicles with Takata Corp air bags and begin notifying customers of the action by Monday, the U.S. National Highway Traffic Safety Administration said. The Fiat Chrysler Automobiles unit is at the "rear of the pack" among automakers in telling its customers of the possible dangers of Takata's air bags,...

  • 3 Reasons holiday shoppers will spend cautiously Wednesday, 26 Nov 2014 | 7:01 AM ET

    NEW YORK— Falling gas prices. "Retail therapy is out the window for most Americans," said Ken Perkins, president of RetailMetrics LLC, a research firm. In fact, the National Retail Federation forecasts holiday sales will grow 4.1 percent to $616.9 billion— the highest increase since 2011. But retailers already have had to resort to discounting to get shoppers into...

  • FBI data show thousands of gun sales beat checks Wednesday, 26 Nov 2014 | 4:38 AM ET

    BRIDGEPORT, W.Va.— More gun sales than ever are slipping through the federal background check system— 186,000 last year, a rate of 512 gun sales a day, as states fail to consistently provide thorough, real-time updates on criminal and mental histories to the FBI. "We have a perfect storm coming," FBI manager Kimberly Del Greco told The Associated Press during a rare...

  • In Britain, US turkey dinner is big for business Wednesday, 26 Nov 2014 | 4:05 AM ET

    Thanksgiving isn't a holiday in Britain, but you might be forgiven for being fooled. That's because there are so many Americans in Britain these days that dozens of businesses have started selling the goods they need to celebrate. Greg Klaes, a Detroit native who used to teach science on U.S. military base schools, started growing pumpkins 30 years ago so his...

  • AP sources: EPA to propose stricter smog standard Tuesday, 25 Nov 2014 | 8:38 PM ET

    The stricter standard makes good on a pledge President Barack Obama made during his first campaign for the White House and one of his first environmental actions as president: reversing a decision by President George W. Bush to set a limit weaker than scientists advised. The initial range of 60 to 70 parts per billion proposed by the EPA in January 2010 would make...

  • NEW YORK, Nov 25- Oil tumbled 2 percent to near four-year lows on Tuesday in another volatile session as a meeting of Saudi Arabia and three other nations ahead of an OPEC summit ended with no deal to curb crude output. Saudi Oil Minister Ali al-Naimi held talks with officials from Venezuela, Russia and Mexico in Vienna before Thursday's summit of the Organization...

  • Oil prices are already down about 30 percent since June, and with little consensus about the likely outcome from a meeting of ministers from the Organization of the Petroleum Exporting Countries meeting on Nov. 27, a snap back seems unlikely and a further trend decline very possible. This is an unusual oil price fall, and one which is more about a structural change...

  • High court to review EPA mercury limits Tuesday, 25 Nov 2014 | 1:53 PM ET

    One judge on the appeals court complained then that the EPA didn't consider costs in deciding whether regulation of hazardous air pollutants from power plants is appropriate. "The problem here is that EPA did not even consider the costs," wrote Judge Brett Kavanaugh of the U.S. Circuit Court of Appeals for the District of Columbia. EPA determined that when the...

  • *Losses pared after WSJ reports OPEC may agree on cut. NEW YORK, Nov 25- Oil prices tumbled to near four-year lows before paring some losses on Tuesday as the market was hit with conflicting signals on whether OPEC will agree to curb output at its meeting this week. Crude prices reversed early gains and fell more than $1 a barrel after a meeting in Vienna on Tuesday...

  • "Improved crop yields have allowed cattle producers to feed cattle longer and to hold cattle for expansion," USDA said. The USDA maintained its forecast for a pork price increase of 8 percent but now sees 2015 prices rising by 5 percent, up from 3.5 percent last month. "Extremely favorable livestock producer margins will lead to greater expansion in the production...

  • FACTBOX-Recent tax inversion proposals Tuesday, 25 Nov 2014 | 1:19 PM ET

    Medical technology company Medtronic Inc said on Nov. 18 that its plan to acquire and adopt the tax domicile of Ireland's Covidien Plc was on track to close in 2015.. High-tech manufacturer Applied Materials Inc plans to buy Japanese rival Tokyo Electron Ltd and reincorporate in the Netherlands. Burger King Worldwide Inc plans to acquire Canadian coffee and...

  • Gas prices drop across Texas amid busy travel time Tuesday, 25 Nov 2014 | 12:53 PM ET

    IRVING, Texas— Retail gasoline prices across Texas have dropped again as motorists take to the road for the Thanksgiving holiday. AAA Texas on Tuesday reported the statewide average for unleaded this week has settled at $2.60, down from $2.66 last week. The most expensive gasoline in Texas was in Beaumont, where motorists are paying an average $2.63 a gallon.

  • Facing health law hikes, consumers mull options Tuesday, 25 Nov 2014 | 11:32 AM ET

    WASHINGTON— Consumers across most of America will see their health insurance premiums go up next year for popular plans under President Barack Obama's health care law. Scott Joens of St. George, Utah, said he and his wife are facing premium increases of about 18 percent for 2015. But instead of agonizing, he's looking for a plan with a higher deductible, which is the...

  • Nurse who had Ebola asks bridal shop for refunds Tuesday, 25 Nov 2014 | 9:17 AM ET

    AKRON, Ohio— A Dallas nurse who was diagnosed with Ebola is requesting refunds from the Ohio bridal shop she visited, but the store says the reimbursements aren't feasible because it had to temporarily close and lost significant business. Amber Vinson's Dallas attorney asked that Coming Attractions Bridal& Formal refund $480 in dress payments by several of...