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  • Surprise insurance fees often follow medical emergencies Wednesday, 10 Feb 2016 | 11:35 AM ET

    WASHINGTON— Recovering from a medical procedure is always a challenge, but getting hit with unexpected insurance fees can add financial hardship to the process. As health insurance plans become increasingly complicated, more patients are facing unexpected fees when they step outside their plan's coverage network. Nearly a third of insured Americans who...

  • DETROIT— Subaru is recalling 82,661 Tribeca SUVs because their hoods can open unexpectedly while driving. Subaru says rust or grease buildup can cause the springs in the hood to seize up and stop working. First, Subaru dealers will inspect, clean and lubricate the hood system.

  • VW, Audi, BMW recall nearly 1.7M vehicles in air bag mess Wednesday, 10 Feb 2016 | 10:48 AM ET

    DETROIT— Volkswagen, Audi and BMW are recalling nearly 1.7 million vehicles with Takata air bag inflators that can rupture and hurl shrapnel into drivers and passengers. So far, VW, Audi, BMW, Daimler, Honda, Ford and Mazda have announced recalls in the latest round. On Wednesday, VW and Audi said they would recall a total of 850,000 vehicles in the U.S. from model years...

  • DETROIT— Computers that control cars of the future can be considered drivers just like humans, the federal government's highway safety agency has decided. The redefinition of "driver" by the National Highway Traffic Safety Administration is an important break for Google, which is developing self-driving cars that get around without steering wheels, pedals—...

  • DTE Energy beats 4Q profit forecasts Wednesday, 10 Feb 2016 | 7:07 AM ET

    DETROIT _ DTE Energy Co. on Wednesday reported fourth-quarter net income of $80 million. DTE Energy expects full-year earnings in the range of $4.80 to $5.05 per share. DTE Energy shares have risen slightly more than 8 percent since the beginning of the year, while the Standard& Poor's 500 index has decreased slightly more than 9 percent.

  • WASHINGTON/ DETROIT, Feb 9- U.S. vehicle safety regulators have said the artificial intelligence system piloting a self-driving Google car could be considered the driver under federal law, a major step toward ultimately winning approval for autonomous vehicles on the roads. The National Highway Traffic Safety Administration told Google, a unit of Alphabet...

  • DETROIT— Daimler AG is recalling 840,000 vehicles in the U.S. because they have potentially defective driver's side air bags made by Takata Corp.. The recall affects Mercedes-Benz cars and SUVs from the 2005-2014 model years, including C-Class, E-Class, SLK and SLS sedans and M-Class, GL-Class and R-Class SUVS. Daimler has booked a $384 million charge to pay for...

  • WASHINGTON/ DETROIT, Feb 9- U.S. vehicle safety regulators have said the artificial intelligence system piloting a self-driving Google car could be considered the driver under federal law, a major step toward ultimately winning approval for autonomous vehicles on the roads.

  • Feb 9- General Motors Co said Tuesday it is recalling 473,000 pickups and SUVs in North America because brake pedals could fail due to a faulty nut. The Detroit automaker is calling back 426,573 2015-16 Chevrolet Silverado HD, GMC Sierra HD, and Chevrolet Tahoe police vehicles in the United States and 46,837 in Canada. GM says the brake pedal pivot nut may become...

  • DETROIT— Toyota's youth-oriented Scion brand is recalling about 28,000 FR-S sports cars in North America because drivers can take the keys out of the ignition without the car being in park. The recall covers cars with automatic transmissions from the 2013 through 2016 model years. Toyota says in some cases, the mechanism that holds the key until the ignition...

  • DETROIT— General Motors is recalling more than 473,000 trucks and SUVs in the U.S. and Canada because the brake pedals can come loose and fail to work properly. The recall covers certain 2015 and 2016 Chevrolet Silverado HD, GMC Sierra HD and Chevrolet Tahoe police vehicles. GM says a nut on the brake pedal pivot mechanism can come loose, causing the pedal to loosen...

  • A look at Obama's final budget proposal Tuesday, 9 Feb 2016 | 11:03 AM ET

    —Obama's budget for the Agriculture Department includes a proposed $12 billion over 10 years to help feed schoolchildren from low-income families during the summer. Spending that needs Congress' annual approval: $24.2 billion. Spending that needs Congress' approval: $9.7 billion.

  • NEW YORK— Canadian utility Fortis is buying electric transmission company ITC Holdings in a cash-and-stock deal valued at about $6.9 billion as it looks to further diversify its business. ITC stockholders will own about 27 percent of Fortis' common stock. Fortis said that it will apply for a listing on the New York Stock Exchange and will continue to list on the...

  • Masco beats Street 4Q forecasts Tuesday, 9 Feb 2016 | 7:19 AM ET

    TAYLOR, Mich. _ Masco Corp. on Tuesday reported fourth-quarter earnings of $75 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. Masco shares have declined 17 percent since the beginning of the year, while the Standard& Poor's 500 index has fallen slightly more than 9 percent.

  • Falling electricity demand due to increased energy efficiency has spurred a spate of mergers in the United States, with utilities looking to cut their exposure to volatile power prices in unregulated markets. ITC shareholders will get $45 per share- $22.57 in cash and 0.7520 Fortis shares for each share they hold- a 14 percent premium to the stock's closing...

  • WASHINGTON— President Barack Obama sent Congress his eighth and final budget on Tuesday, proposing to spend a record $4.1 trillion on a number of initiatives, from a new war on cancer to combating global warming to fighting growing threats from Islamic State militants. The proposal has dim prospects of winning approval in a GOP- controlled Congress.

  • All but Florida had accepted a Medicaid expansion that is one of two major pathways to coverage under President Barack Obama's health care law. GOP presidential candidates are vowing to repeal "Obamacare," while offering hardly any detail on how they'd replace it without millions losing coverage. They are Arizona, California, Colorado, Florida, Illinois,...

  • Now it is Tesla's turn to confront the bears Monday, 8 Feb 2016 | 6:24 PM ET

    The Silicon Valley electric luxury car maker reports results on Wednesday after the close of Wall Street markets. One person not selling is Chief Executive Elon Musk, who exercised options worth about $100 million on Jan. 27 and held the shares. Uncertainty about Tesla's prospects revolves around some short-term concerns and a broader long-term threat from...

  • Perceptron reports 2Q loss Monday, 8 Feb 2016 | 5:51 PM ET

    PLYMOUTH, Mich. _ Perceptron Inc. on Monday reported a fiscal second-quarter loss of $1.5 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Plymouth, Michigan- based company said it had a loss of 17 cents. Perceptron shares have decreased 25 percent since the beginning of the year.

  • Honda to recall new Civics because engines can fail Monday, 8 Feb 2016 | 2:34 PM ET

    DETROIT— Honda is recalling about 45,000 newly redesigned Civic compact cars in the U.S. and Canada because the engines can fail and stall while being driven. The recall affects 2016 Civics equipped with 2- liter four-cylinder engines. The recall covers about 34,000 Civics in the U.S. and roughly 11,000 in Canada.