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Business Highlights

___ 'Like bombs': Bankrupt company's air bags still out there Takata Corp. has filed for bankruptcy, brought down by a scandal involving defective air bags blamed for at least 16 deaths.

Business Highlights

___ 'Like bombs': Bankrupt company's air bags still out there Takata Corp. has filed for bankruptcy, brought down by a scandal involving defective air bags blamed for at least 16 deaths.

Illinois facing dire consequences as budget feud continues

Illinois is hours away from entering its third fiscal year without a state budget, territory that could mean some universities won't be able to offer federal financial aid, road construction and Powerball ticket sales will halt, and the state's credit rating will be downgraded to "junk."