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Takata failed to report 2003 air bag rupture to NHTSA

September 23, 2016 by · Leave a Comment 

Japanese air bag supplier Takata Corp said it failed to inform the U.S. auto safety agency of a 2003 rupture of one of its air bag inflators in Switzerland, according to an internal Takata report released by U

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Takata failed to report 2003 air bag rupture to NHTSA

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Oil slumps 4 percent as no output deal expected for OPEC

September 23, 2016 by · Leave a Comment 

Oil prices tumbled 4 percent on Friday on signs Saudi Arabia and arch rival Iran were making little progress in achieving preliminary agreement ahead of talks by major crude exporters next week aimed at freezing production. U.S. West Texas Intermediate (WTI) crude futures fell $1.84, or 4 percent, to settle at $44.48. Crude futures slumped after sources said Saudi Arabia did not expect a

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Oil slumps 4 percent as no output deal expected for OPEC

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Twitter begins discussions to explore a sale: source

September 23, 2016 by · Leave a Comment 

A sale of Twitter has been the subject of on-again, off-again rumors for many months as the company grapples with stagnant user growth, soft advertising sales and losses running at hundreds of millions of dollars a year. Analysts have long considered Alphabet's Google the most likely buyer for Twitter, and a source told Reuters that Salesforce.com is also in pursuit. CNBC, citing anonymous sources, reported on Friday that Twitter is in talks with companies including Google and Salesforce and may receive

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Twitter begins discussions to explore a sale: source