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Macy’s bets off-price stores within stores will drive traffic

February 24, 2016 by · Leave a Comment 

(Reuters) – Macy's Inc plans to open Backstage off-price stores within some existing Macy's, betting that the benefit of bringing new customers into stores outweighs the risk of diluting the company brand and undercutting sales of full-price items.

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Macy’s bets off-price stores within stores will drive traffic

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U.S. lawmakers say Takata manipulated data to hide airbag problems

February 24, 2016 by · Leave a Comment 

By David Shepardson and Paul Lienert WASHINGTON/DETROIT (Reuters) – U.S. lawmakers on Tuesday stepped up pressure on federal regulators and Takata Corp to accelerate the recall of millions of airbag inflators, citing evidence that the Japanese…

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U.S. lawmakers say Takata manipulated data to hide airbag problems

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Germany says testing diesel cars of foreign automakers

November 7, 2015 by · Leave a Comment 

Germany is subjecting diesel vehicles including those from foreign manufacturers to strict checks, its transport minister said, following Volkswagen's latest disclosure that it gave false data on CO2 emissions. In a deepening scandal, Volkswagen on Tuesday said it had understated the fuel consumption and carbon dioxide emissions of about 800,000 vehicles sold in Europe. VW in September admitted that it had cheated on diesel emissions tests in the United States.

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Germany says testing diesel cars of foreign automakers

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Nissan joins automakers dropping Takata air bag inflators

November 7, 2015 by · Leave a Comment 

Nissan Motor Co said on Saturday it will not use air bag inflators made by Japanese auto parts supplier Takata Corp in its cars. Nissan joins most major automakers, including Toyota Motor

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Nissan joins automakers dropping Takata air bag inflators