Air bag recalls, lawsuit, Facebook is going Hollywood, seeking scripted TV programming and other Economy news

The economy news of 2017-06-26 on Tamugaia - Air bag recalls, lawsuits lead Takata to file for bankruptcy, and Facebook is going Hollywood, seeking scripted TV programming.
Air bag recalls, lawsuits lead Takata to file for bankruptcy - Japanese air bag maker Takata Corp. says it had to file for bankruptcy protection in Tokyo and the U.S. to ensure it could continue supplying replacements for faulty air bag inflators linked to the deaths... [ View ]

Facebook is going Hollywood, seeking scripted TV programming - The social-networking giant is talking to Hollywood studios and agencies about producing TV-quality shows with an eye toward launching original programming by late summer, people familiar with the matter s... [ View ]

Overwhelmed By Air Bag Troubles, Takata Files For Bankruptcy Protection - Long crippled by lawsuits and recall costs over its faulty air bags, Takata, the Japanese auto parts maker, filed for bankruptcy protection in Japan and the U.S. on Sunday.... [ View ]

European Shares Seen Mixed At Open - European stocks may open on a mixed note on Monday despite firm cues from Asian markets. Oil prices rose more than 1 percent on short-covering while the dollar weakened due to low U.S. Treasury yields amid... [ View ]

UK Growth To Remain Anaemic: BCC - The UK growth over the next few years is forecast to remain anaemic, the British Chambers of Commerce said Monday. Nonetheless, in its Economic Forecast, the BCC upgraded its growth outlook for 2017 to 1.5... [ View ]

Asian Shares Broadly Higher In Thin Holiday Trade - Asian stocks were broadly higher on Monday and falling Treasury yields drove down the U.S dollar as investors awaited inflation figures this week from Europe and the U.S.... [ View ]

Nasdaq, S&P 500 Rise But Dow Closes Slightly Lower - U.S. Commentary - After closing mixed for two consecutive sessions, stocks turned in another relatively lackluster performance during trading on Friday. The major averages eventually closed on opposite sides of the unchange... [ View ]

Trump Signs Veterans Affairs Accountability And Whistleblower Protection Act - As part of a continuing effort to address the Veterans Affairs scandal that broke in 2014, President Donald Trump on Friday signed legislation known as the Veterans Affairs Accountability and Whistleblower... [ View ]

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