US safety agency tells Takata to speed up production of air bag replacement parts
U.S. auto safety regulators are telling a company that made faulty air bags to manufacture replacement parts faster and do more testing to find out what's causing the problem.
Company to pay $4.3M to settle charges brought by Consumer Product Safety Commission
A South Carolina company that sells minibikes and go-carts has agreed to pay $4.3 million in a settlement with the Consumer Product Safety Commission — the largest-ever civil penalty levied by the agency.
Ballot initiative seeking to raise California's medical malpractice cap generates big spending
Bob Pack wanted to go after the HMO doctors for recklessly prescribing painkillers to a drug-abusing nanny who ran over his 10-year-old son and 7-year-old daughter as they were heading for ice cream one early fall evening in 2003.
Petition drive to limit hospital charges in Michigan gets go-ahead from state election board
Michigan's elections board gave the go-ahead Monday for a petition drives seeking to limit what hospitals can charge uninsured and underinsured patients and auto accident victims.
Shire: AbbVie should proceed with $55 billion combination of the 2 drugmakers
The drugmaker Shire wants AbbVie to stick with its roughly $55 billion acquisition bid, and it is reminding its U.S. counterpart of the hefty breakup fee it will receive if things don't work out.
Senators ask auto safety agency why it lets car companies limit recalls to certain states
Two U.S. senators are questioning why auto safety regulators are letting car companies recall vehicles only in limited regions when a safety problem could happen anywhere.
Poll: 1 in 4 insured Americans worry they won't be able to pay for major illness
One-fourth of U.S. adults with private health insurance don't have much confidence in their ability to pay for a major, unexpected medical expense.
US safety regulators probe power steering problems in 938,000 Ford midsize cars
U.S. safety regulators are investigating complaints of power-assisted steering failure in three Ford Motor Co. midsize car models.
Companies adjust to latest rules aimed at curbing overseas deals that cut their US tax bills
New government rules aimed at curbing overseas deals that cut corporate taxes appear to be working, just not entirely the way regulators intended.
Asian stocks mixed after Wall Street slide, drop in Korean factory output
Asian stocks were mixed Wednesday after Wall Street slid and South Korea reported factory output contracted, while markets in China and Hong Kong were closed for a holiday.
Oil, rail industries want 7 years to retrofit cars that transport highly volatile crude oil
A top oil industry official says the oil and railroad industries are urging federal regulators to allow them as long as seven years to retrofit existing tank cars that transport highly volatile crude oil.
Nearly 8,000 kids sweatshirts sold at Kroger, Fred Meyer stores are recalled for choking risk
Nearly 8,000 children's hoodies are being recalled because of a possible choking risk.
Chile enacts reform raising business taxes to fund education, hospitals
Chile is enacting measures that raise taxes on large businesses to help finance improvements in education, health and other services.
Recall limbo: how to handle an automotive recall if parts aren't available
In July, two scary notices arrived in Amaris McGee's mailbox.
Study: Medicaid expansion prompts rise in ER visits; hospitals also treating sicker patients
A new study finds that many people newly covered by Medicaid under the federal health law are seeking treatment in hospital emergency rooms.
Minnesota Senate hopeful defends firm's role in merger that led US company to Ireland
Years before Burger King sized up a Canadian headquarters in a hunt for lower taxes, Republican U.S. Senate candidate Mike McFadden's investment firm was involved in a merger that moved an American pharmaceutical company to Ireland and significantly dropped its tax rate.
Medical device maker Medtronic spends $350 million on another European acquisition
U.S. medical device maker Medtronic is building stronger ties to Europe, a couple months after announcing a nearly $43 billion acquisition that involves moving its main executive offices across the Atlantic, where it can get a better tax deal.
3 moves insurers can still make to help shape a healthier patient population
Insurers can no longer reject customers with expensive medical conditions thanks to the health care overhaul, but there's still wiggle room for them to discourage the sickest and costliest patients from enrolling.
FDA seeks comments on Swedish Match's request to sell snus products as 'modified risk' tobacco
Federal regulators are seeking public comment on smokeless tobacco maker Swedish Match's request to certify its General-branded pouches of tobacco as less harmful than cigarettes.
Millions Helped by ACA May Get Hit with Reduced Tax Refunds Unless They Act Soon
If you're one of the millions getting tax credits to help pay health insurance premiums under the Affordable Care Act, you need to start reviewing your taxes now.

