Netflix blames its content slate, regional price increases and a "pull-forward effect" of its strong Q1 growth for the miss.Technologyread more
Netflix lost paid U.S. subscribers for the first time in eight years and fell below analyst estimates for international subscriber growth.Tech Driversread more
Despite a disappointing earnings report, Wall Street analysts are sticking by the stock and looking ahead to the third quarter.Marketsread more
Treasury Secretary Steven Mnuchin says if the call goes well, he would expect in-person meetings to take place.Marketsread more
Southwest joints United and American in taking the Boeing 737 Max out of its schedules through early November with no end in sight to the federally-mandated grounding of the...Airlinesread more
Revenue of $10.24 billion exceeded the consensus estimate by almost $250 million.Financeread more
The strengthening of the president's formidable campaign war chest has led his organization, along with the Republican National Committee, to raise over $100 million in the...2020 Electionsread more
The three-judge panel in the U.S. Court of Appeals for the Second Circut also upheld the more than $7.7 million in fines and restitution that a judge imposed on Shkreli last...Biotech and Pharmaceuticalsread more
Raymond James upgraded Apple and said its most recent checks show Apple is preparing to bring a 5G iPhone to a wider range of models than previously thought.Marketsread more
Toys R Us is opening two permanent stores in November — at Simon Property Group's Galleria mall in Houston and at Unibail-Rodamco-Westfield's Garden State Plaza mall in...Retailread more
Philip Morris International beats second-quarter earnings and revenue estimates and hikes its full-year forecast as its new tobacco products gain momentum.Health and Scienceread more
It's long been viewed as an example of government regulatory excess and a technology gone wrong. But four decades after the seat belt interlock system was abandoned amid a flurry of consumer complaints, is General Motors about to bring it back to life?
The answer is yes, sort of. The Detroit automaker plans to test the updated technology, which prevents the car from starting unless front-seat occupants are buckled up, on a select number of 2015 models.
The Belt Assurance System is being unveiled as the National Highway Traffic Safety Administration is putting new emphasis on the benefits of seat belts, which were credited with saving 12,174 lives in 2012, the last year the agency has complete data for.
It also comes at a time when GM's commitment to safety has come into question as a result of its ongoing recall crisis, which has so far led to nearly 16 million of its vehicles being recalled worldwide.
Read MoreGM recalls may continue into summer
"Customer safety is on the forefront of everything we do. It is essential for the safety of our customers' and all drivers' safety to develop the habit of buckling up each and every time they get into their vehicles," said Jeff Boyer, GM's head of global vehicle safety, in a statement.
"We continue to support this program by NHTSA to remind our drivers to buckle up each time they start their vehicles while also developing other safety features like our Belt Assurance System."
The original seat belt interlock was one of the first advanced safety devices ordered into production by NHTSA. But unlike now, when even modest new systems only come to market after years of testing and discussion, the federal agency gave automakers barely six-months warning before requiring interlocks on all 1974-model cars.
The devices were severely flawed, and often failed to let a vehicle start even if motorists were buckled up. The outcry against interlocks was so severe that NHTSA was quickly forced to lift the mandate.
The agency then shifted its emphasis to airbags, which were ultimately required to be powerful enough to protect unbelted occupants. The technology at the heart of the GM Belt Assurance System stems from the evolution of these "smart" airbags, which are capable of sensing whether someone is actually sitting in the front seat.
GM contends the new technology is far more reliable than with the original seat belt interlocks, and the optional system will let drivers start the car if riders have yet to buckle up—though they won't be able to shift into drive.
The new interlock system will be offered as an option on some of the GM vehicles most often ordered by fleets, notably the Chevrolet Cruze, Colorado and Silverado, as well as the GMC Sierra, starting with the 2015 model year. If the response is positive, company officials say the technology could be offered more widely, but GM has no plans to make it a standard feature.
—By CNBC Contributor Paul A. Eisenstein. Follow him on Twitter or at thedetroitbureau.com.