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Takata could settle U.S. criminal probe next month: source

December 29, 2016 by · Leave a Comment 

Part of a settlement would include Takata pleading guilty to criminal misconduct, the source told Reuters. The Justice Department has investigated whether Takata hid information from safety regulators and issued misleading statements about the dangers posed by the air bags. Any deal would likely include a monitor to ensure Takata's compliance with the agreement, the source said.

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Takata could settle U.S. criminal probe next month: source

severe-labor

U.S. refiners face severe labor shortage for deferred maintenance

December 29, 2016 by · Leave a Comment 

(Reuters) – After years of running flat out, U.S. Gulf Coast refiners are lining up repairs to plants in 2017 – but facing a severe labor shortage that could delay work, drive up costs and raise accident risks.

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U.S. refiners face severe labor shortage for deferred maintenance