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  • DETROIT— Federal regulators have lowered their estimate of potentially defective Takata Corp. air bags on U.S. roads. The National Highway Traffic Safety Administration says approximately 23.4 million driver and passenger air bag inflators on 19.2 million vehicles are being recalled and need to be replaced. That's lower than its initial estimate of 34...

  • *Manufacturing expansion slowest since May 2013. WASHINGTON, Sept 1- U.S. factory activity braked to a more than two-year low in August, but sturdy gains in automobile sales and construction spending suggested the economy remained on solid footing. "It suggests that the recent eruption in uncertainty towards Chinese and global growth is beginning to affect U.S....

  • DETROIT, Sept 1- U.S. safety regulators said on Tuesday that 19.2 million vehicles in the United States still have defective Takata Corp air bag inflators. About 4 million of those vehicles have defective air bag inflators made by Takata on both the driver and passenger sides of the vehicle, according to an official from the National Highway Traffic Safety...

  • Sept 1- Fiat Chrysler Automobiles NV will move the production of Jeep Cherokee out of Toledo, Ohio as the automaker readies the facility for producing its redesigned Jeep Wrangler, Automotive News website reported. The production of Jeep Cherokee is likely to be shifted to the company's Sterling Heights Assembly in Michigan or Belvidere Assembly in Illinois,...

  • *Manufacturing expansion slowest since May 2013. WASHINGTON, Sept 1- U.S. factory activity braked to a more than two-year low in August, but sturdy gains in automobile sales and construction spending suggested the economy remained on solid footing. "It suggests that the recent eruption in uncertainty towards Chinese and global growth is beginning to affect U.S....

  • China is still the No. 1 market, but sales there are slowing as the economy cools and cities impose car ownership limits to curb smog and congestion. It's a reversal from six years ago, when U.S. vehicle sales plunged during the recession and China easily surpassed the U.S. as the world's largest car market. But its sales in China plunged 10 percent.

  • MUSKEGON, Mich.— A man who ran a popular restaurant in western Michigan while telling the government he couldn't work because of a bad back has pleaded guilty to disability fraud. Social Security investigators became suspicious after Fierro was featured in a Muskegon Chronicle story in 2008 about his restaurant, Pablo's Tacos. The 66- year-old Fierro fled to...

  • US fines Triumph Motorcycles up to $2.9 million Monday, 31 Aug 2015 | 6:36 PM ET

    DETROIT— The U.S. government has fined Triumph Motorcycles up to $2.9 million for violating safety reporting requirements. Under an order issued to United Kingdom- based Triumph, the company must pay a $1.4 million cash penalty and spend at least $500,000 to improve safety practices. An investigation by the National Highway Traffic Safety Administration...

  • DETROIT— Fiat Chrysler is recalling 206,668 Jeep Cherokee SUVs because the windshield wipers can stop working unexpectedly. There are 158,671 in the U.S., 18,366 in Canada and 3,582 in Mexico. The rest were sold outside North America.

  • Correction: The Month Ahead story Monday, 31 Aug 2015 | 12:33 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Correction: The Week Ahead story Monday, 31 Aug 2015 | 12:11 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Algae drives down property values on Lake Champlain Saturday, 29 Aug 2015 | 11:24 AM ET

    GEORGIA, Vt.— The two cottages on the shore of Lake Champlain will someday be passed down to her children but Enid Letourneau worries the algae that turns the shoreline pea-soup green each August means they won't amount to much of an inheritance. The algae, which can be toxic to humans and dogs, prompted the town of Georgia to reduce the property values $50,000 each...

  • DETROIT— Dan Gilbert's ownership presence in downtown Detroit has kept growing, with the addition of a vacant 38- story office tower and adjacent buildings to his stable of properties. Book Tower, the attached 13- floor Book Building and an adjacent two-story community center have been bought by Bedrock Real Estate Services. "This project is going to be one of...

  • Business events scheduled for the coming month Friday, 28 Aug 2015 | 1:46 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • COLUMBUS, Ohio— A former Ohio deputy treasurer who fled to Pakistan in the face of a 15- year prison sentence for a kickback scheme delivered a public apology before a federal judge on Friday and was sent to begin his time in U.S. prison. Shackled and in prison khakis, Amer Ahmad appeared before Judge Michael Watson two days after he was extradited from Pakistan.

  • Business events scheduled for the coming week Thursday, 27 Aug 2015 | 1:17 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • According to the complaint filed in Los Angeles federal court, carbon monoxide is emitted when drivers leave their vehicles running after taking their electronic key fobs with them, under the mistaken belief that the engines will shut off. The defendants include BMW, including Mini; Daimler's Mercedes Benz; Fiat Chrysler; Ford Motor Co; General Motors Co; and...

  • Perceptron posts 4Q profit Wednesday, 26 Aug 2015 | 4:48 PM ET

    PLYMOUTH, Mich. _ Perceptron Inc. on Wednesday reported fiscal fourth-quarter earnings of $389,000. On a per-share basis, the Plymouth, Michigan- based company said it had profit of 4 cents. Perceptron shares have risen 3.5 percent since the beginning of the year.

  • AP Source: Ford planning for new small pickup in US Wednesday, 26 Aug 2015 | 3:06 PM ET

    The company is negotiating with the United Auto Workers about making the truck at a factory in the Detroit suburb of Wayne, Michigan, a person briefed on the matter said Wednesday. The Wayne factory, which Ford calls the Michigan Assembly Plant, employs more than 4,400 workers. "We actively are pursuing future vehicle alternatives to produce at Michigan Assembly...

  • According to the complaint filed in Los Angeles federal court, carbon monoxide is emitted when drivers leave their vehicles running after taking their electronic key fobs with them, under the mistaken belief that the engines will shut off. The defendants include BMW, including Mini; Daimler's Mercedes Benz; Fiat Chrysler; Ford; General Motors; and Honda,...