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U.S. extends BMW deadline to get replacement air bag inflators
March 26, 2016 by creative · Leave a Comment
BMW AG will get five more months to acquire Takata air bag replacement parts for a massive recall because tests showed some of the substitute inflators may also be defective, the U.S. auto safety agency said on Thursday. The deadline for the German automaker was extended to Aug. 31 because a replacement driver-side air bag inflator made by a supplier other than Takata failed during testing
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U.S. extends BMW deadline to get replacement air bag inflators
Gilead ordered to pay Merck $200 million in hepatitis C drug patent dispute
March 26, 2016 by publisher · Leave a Comment
SAN JOSE, Calif.,/NEW YORK (Reuters) – A federal jury on Thursday ordered Gilead Sciences Inc to pay Merck & Co $200 million in damages for infringing two Merck patents related to a lucrative cure for hepatitis C. The damages award is far less than the $2 billion Merck had demanded. On Tuesday, the same jury in San Jose, California, upheld the validity of the patents, which
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Gilead ordered to pay Merck $200 million in hepatitis C drug patent dispute
Microsoft told potential Yahoo bidders it might back bids: report
March 26, 2016 by admin · Leave a Comment
(Reuters) – Microsoft Corp executives are in talks with equity firms considering bids for Yahoo Inc! saying that Microsoft might be willing to offer “significant financing” for their efforts, tech news site Recode reported on Thursday. Microsoft's move is an attempt to ensure a good relationship with Yahoo's buyer, the website reported. Yahoo launched an auction of its core
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Microsoft told potential Yahoo bidders it might back bids: report
France fines Google over ‘right to be forgotten’
March 24, 2016 by creative · Leave a Comment
By Julia Fioretti BRUSSELS (Reuters) – The French data protection authority said it has fined Google 100,000 euros ($111,720) for not scrubbing web search results widely enough in response to a European privacy ruling. The only way for Google to uphold the privacy ruling was by delisting results popping up under name searches and linking them instead to outdated information across all its websites, the Commission Nationale de l'Informatique et des…
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France fines Google over ‘right to be forgotten’
U.S. judge sets April 21 deadline for VW diesel fix
March 24, 2016 by admin · Leave a Comment
By Alexandria Sage SAN FRANCISCO (Reuters) – A federal judge on Thursday gave Volkswagen AG and U.S. regulators until April 21 to agree on a fix for the nearly 600,000 diesel vehicles on U.S. roadways caught up in VW's massive emissions cheating scandal. U.S. District Judge Charles Breyer had earlier set a March 24 deadline for Europe's biggest automaker to explain where it stood on remediation efforts, after months of talks with the …
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U.S. judge sets April 21 deadline for VW diesel fix
U.S. manufacturing still weak; labor market flexes muscle
March 24, 2016 by publisher · Leave a Comment
New orders for long-lasting U.S. manufactured goods fell in February as the sector continued to struggle with the lingering effects of a robust dollar and lower oil prices. While other data on Thursday showed an increase …
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U.S. manufacturing still weak; labor market flexes muscle
Exclusive: Honda and Takata’s stealth airbag fix
March 24, 2016 by admin · Leave a Comment
In August of 2009, after ruptured airbag inflators in Honda vehicles were linked to least four injuries and a death, the automaker quietly requested a design change and did not notify U.S. regulators, Honda confirmed in response to inquiries from Reuters. Honda Motor Co asked supplier Takata Corp to produce a “fail-safe” airbag inflator, according to Takata presentations and internal memos reviewed by Reuters. The previously …
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Exclusive: Honda and Takata’s stealth airbag fix
Starboard launches proxy fight to remove entire Yahoo board
March 24, 2016 by admin · Leave a Comment
Starboard, which has been pushing for changes at Yahoo since 2014 and owns about 1.7 percent of the company, said it would nominate nine candidates for the board. The proxy fight comes as Yahoo is pressing ahead with an auction of its core Internet business, which includes search, mail and news sites. Yahoo said in a statement it will review Starboard's nominees and respond in due course.
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Starboard launches proxy fight to remove entire Yahoo board
Ex-Goldman Sachs employee spared jail over New York Fed leaks
March 23, 2016 by admin · Leave a Comment
A former Goldman Sachs Group Inc associate who admitted to illegally obtaining confidential documents from a friend at the Federal Reserve Bank of New York was handed a fine on Tuesday but…
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Ex-Goldman Sachs employee spared jail over New York Fed leaks
Amazon exec weighs in on proposed Staples-Office Depot merger
March 23, 2016 by creative · Leave a Comment
By Diane Bartz and Clarece Polke WASHINGTON (Reuters) – An executive with Amazon.com Inc's unit that sells office supplies to businesses gave testimony on Tuesday that appeared to bolster a U.S. regulator's wariness over a …
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Amazon exec weighs in on proposed Staples-Office Depot merger