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  • Oct 22- U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp airbags that could spray shrapnel at occupants. Following is a list of U.S. vehicle recalls so far in 2014 that are related to the airbags:. Recalled more than 5 million potentially affected...

  • DETROIT, Oct 22- U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp air bags that could spray shrapnel at occupants. The NHTSA has urged owners of certain Toyota, Honda, Mazda, BMW, Nissan, Mitsubishi, Subaru, Chrysler, Ford and General Motors vehicles to...

  • DETROIT, Oct 22- U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp air bags that could spray shrapnel at occupants. The NHTSA has urged owners of certain Toyota, Honda, Mazda, BMW, Nissan, Mitsubishi, Subaru, Chrysler, Ford and General Motors vehicles to...

  • DETROIT, Oct 21- The problems for Japanese auto parts maker Takata Corp grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States while two more lawsuits have been filed over accidents in older Honda cars. The news came a day after Toyota Motor Corp recalled 247,000 vehicles in the United States...

  • NEW YORK, Oct 21- Ocwen Financial Corp may have harmed hundreds of thousands of borrowers by sending backdated letters about loan modifications and foreclosures, New York state's financial regulator said on Tuesday, sparking a selloff in shares of the mortgage servicer. The company denied loan modifications in letters that borrowers received more than 30...

  • UPDATE 3-Brazil's JBS Foods to delay IPO Tuesday, 21 Oct 2014 | 5:46 PM ET

    SAO PAULO, Oct 21- JBS SA received regulatory approval to delay an initial public offering of its JBS Foods unit in Brazil, according to a securities filing on Tuesday, putting off a plan to raise 4 billion reais for a few more weeks or until next year. The request to make JBS Foods a public company was removed from securities industry watchdog CVM's website, but the...

  • In a letter to Trinity, Nadeau said the government may suspend or revoke eligibility for federal reimbursement dollars for ET-Plus if the company does not submit a crash testing plan by Oct. 31. "We look forward to working with the Federal Highway Administration and having further conversations about additional testing of the ET-Plus system," Trinity...

  • Taxi rates in Las Vegas area will top New York's Tuesday, 21 Oct 2014 | 4:20 PM ET

    LAS VEGAS— Nevada taxi regulators have approved a rate hike that would make cab rides in Las Vegas and surrounding areas the second most expensive among U.S. metropolitan areas with tourism-based economies. A report commissioned by a coalition of cab companies shows rates will be higher than those in New York or San Francisco, but lower than Atlantic City's.

  • Marcato Capital takes 6.5 percent stake in NCR Tuesday, 21 Oct 2014 | 3:53 PM ET

    Marcato Capital Management LP has taken a 6.5 percent stake in NCR Corp. and is pushing for changes at the maker of ATMs and self-service checkout machines. Marcato said in the filing with the U.S. Securities and Exchange Commission that after Monday's announcements it wants to take steps immediately to get McGuire on the board. Shares of NCR, which lost 21...

  • Canadian Pacific CEO says rail deal possible Tuesday, 21 Oct 2014 | 2:55 PM ET

    CEO Hunter Harrison said during a conference call Tuesday he doesn't agree with the view that the Surface Transportation Board wouldn't approve any merger. Merging the Canadian Pacific Railway Ltd. with CSX Corp. could have improved service by routing traffic around the bottlenecks in Chicago, Harrison said. CSX CEO Michael Ward said last week that...

  • NEW YORK, Oct 21- Shares of Ocwen Financial Corp tumbled on Tuesday after New York's financial regulator said the company, one of the largest U.S. collectors of mortgage payments, may have harmed hundreds of thousands of borrowers by sending letters about loan modifications and foreclosures that were dated months earlier. The company, which has been under...

  • Top mortgage firm accused of abuses Tuesday, 21 Oct 2014 | 1:01 PM ET

    One of the nation's largest servicers of home loans may have denied struggling borrowers the chance to fix loan problems and avoid foreclosures, New York's financial regulator has alleged. An investigation by the state's Department of Financial Services found that Ocwen Financial Corp. inappropriately backdated foreclosure warnings and letters that...

  • EU antitrust watchdog eyes DuPont, Honeywell Tuesday, 21 Oct 2014 | 12:29 PM ET

    DOVER, Del.— The DuPont Co. and Honeywell International may be violating antitrust rules in their cooperative venture to supply the only automotive air-conditioning refrigerant that meets European standards for greenhouse gas emissions, regulators said Tuesday. DuPont, based in Wilmington, Delaware, and Honeywell, based in Morristown, New Jersey, created a...

  • NEW YORK, Oct 21- Ocwen Financial Corp, one of the largest U.S. companies that collects mortgage payments, may have harmed hundreds of thousands of borrowers by sending them letters about loan modifications and foreclosures that were dated months earlier, New York's financial regulator said on Tuesday. The company, which has been under scrutiny by New York's...

  • WASHINGTON, Oct 21- The U.S. Federal Deposit Insurance Corp unveiled a final rule on Tuesday that requires banks to retain at least 5 percent of the risk on their books when they bundle loans, securitize them and sell them to investors. The rule, expected to be adopted by the FDIC later on Tuesday, aims to prevent a repeat of the 2007-2009 financial crisis, when banks'...

  • New rules adopted in hopes of spurring home loans Tuesday, 21 Oct 2014 | 10:32 AM ET

    WASHINGTON— Buying a home may have gotten a little easier this week. With the financial crisis and subprime mortgage bust receding further into history, the government is loosening some financial rules, hoping to inject more life into the country's still-recovering housing market. The board of the Federal Deposit Insurance Corp. voted 4-1 Tuesday to adopt...

  • Oct 21- Omeros Corp said it suspended enrolment in a mid-stage study testing its experimental Huntington's drug as the company evaluates data from a concurrent trial in rats, sending its shares down 10 percent before the bell. The drug has been well tolerated in all human trials, Omeros said. The U.S. Food and Drug Administration has asked the company to further...

  • BRUSSELS, Oct 21- European Union antitrust regulators are set to fine JPMorgan, UBS and Credit Suisse collectively over $115 million for rigging Swiss franc LIBOR benchmark interest rates, a person familiar with the matter told Reuters. Royal Bank of Scotland alerted the European Commission to the wrongdoing and so would not be penalized for its own role in the...

  • Oct 20- Banks should defer bonus payments for 10 years and tap the bonus pool to pay any regulatory fines, a top Federal Reserve official said on Monday, taking aim at continued lapses across the industry even after the 2007-9 financial crisis. New York Federal Reserve Bank President William Dudley said banks should move toward paying employees in debt...

  • District Judge Shira Scheindlin in New York ordered Wyly and the estate of his late brother Charles to pay damages of $187.7 million plus interest to the SEC, after a jury found them liable for fraud in May. The SEC has since said the total, including interest, should be $299.4 million, which is one of the largest awards ever sought from individual defendants in a U.S....