Takata expects worse red ink after reporting quarterly loss due to global air-bag recall woes
Takata Corp., the Japanese seatbelt and air-bag maker at the center of a defect scandal, is expecting more red ink for the fiscal year through March.
General Motors 2014 profit falls 26 pct. to $2.8B, would have had big year without recalls
If it weren't for the recalls, 2014 would have been a stellar year for General Motors.
Commuter train crashes into SUV on tracks at suburban New York crossing, killing 7 people
A crowded commuter train slammed into a sport utility vehicle on the tracks at a suburban New York crossing and burst into flames, killing seven people, seriously injuring nearly a dozen others and sending hundreds of passengers scrambling for safety, authorities said.
New York Gov. Andrew Cuomo says SUV driver, 6 people on train killed in rail crossing crash
A packed commuter train slammed into a sport utility vehicle on the tracks at a crossing and erupted into flames Tuesday night, killing seven people, the governor said.
FDA approves Pfizer drug to treat aggressive breast cancer in postmenopausal women
Federal health regulators have approved a new medicine from Pfizer Inc. to treat postmenopausal women with a certain type of advanced breast cancer who have not previously taken other drugs.
Jeep recalls over 228,000 Cherokees; software problem can make air bags deploy without a crash
Jeep is recalling more than 228,000 SUVs worldwide to fix a software problem that can cause side air bags to inflate for no reason.
GM ignition switch deadline passes; 51 death and 77 injury claims to be paid, numbers to rise
At least 51 families will get payments from General Motors due to fatal crashes caused by faulty small-car ignition switches, and that number is almost certain to rise.
Ebola vaccines testing starts in Liberia in partnership between Liberian and US governments
Large-scale human testing of two potential Ebola vaccines got under way in Liberia's capital Monday, part of a global effort to prevent a repeat of the epidemic that has now claimed nearly 9,000 lives in West Africa.
Drugmaker wins approval for new Zohydro formula, though anti-abuse elements still under study
Zogenix Inc. has received U.S. approval for a new formulation of its much-debated painkiller Zohydro that is intended to be harder to abuse, though the company is still working on studies needed to promote that claim.
More than 2M Toyota, Chrysler and Honda vehicles recalled for faulty air bags
More than 2 million Toyota, Chrysler and Honda vehicles are being recalled for faulty air bags that may inflate while the car is running.
Recalls this week include space heaters, orbital sanders, candle gift boxes
About 34,000 oil-filled space heaters are being recalled because they could spray heated oil, posing a scald hazard.
Lawsuit alleges exploding Takata air bag killed Texas man in crash involving Honda Accord
The family of a Texas man who might be the latest victim of exploding automobile air bags made by Takata Corp. of Japan has filed a lawsuit in connection with his death.
Honda lowers forecasts, sees dip in quarterly profit after recall expenses counter cheap yen
Honda Motor Co., the Japanese automaker at the center of an air-bag defect scandal, lowered its annual earnings forecast after quarterly profit slipped 15 percent.
FDA approves an ADHD drug as the first treatment for binge-eating disorder
Federal health regulators have approved an attention deficit disorder drug for a new use: A first-of-its kind treatment for binge-eating disorder.
Sunbeam recalls Holmes space heaters that may spray hot oil and cause damage or injury
Sunbeam is recalling about 34,000 Holmes-branded space heaters because they can spray hot oil and possibly cause household damage or injuries.
Exploding Takata air bag may have killed Texas man in crash involving older Honda Accord
There apparently has been another death caused by an exploding automobile air bag made by Takata Corp. of Japan.
Toyota recalls 52,000 Avalon sedans for wiring problem that could spark fire
Toyota is recalling 52,000 Avalon sedans because of a wiring problem that could cause a fire.
Nissan recalling nearly 768,000 SUVs worldwide to fix electrical shorts, faulty hood latches
Nissan is recalling nearly 768,000 SUVs worldwide to fix faulty hood latches and electrical shorts that could cause fires.
Ford recalling over 221,000 cars and small vans to fix door latch and seat belt problems
Ford is recalling more than 221,000 cars and vans to fix problems with door latches and seat belts.
Amgen beats 4Q net income and revenue expectations
Amgen Inc. cruised to a 27 percent jump in fourth-quarter profit and beat Wall Street expectations, due to higher sales of nearly all its medicines, tight cost controls and a tax benefit.