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US Agency Warns Nearly 8 Million Car Owners To Get Air Bags Fixed

2014-10-22 22:31:18| Automakers - Topix.net

DETROIT - The U.S. government issued an urgent plea to nearly 8 million people to get the air bags in their cars fixed, amid concern that a defect in the devices can possibly kill or injure the driver or passengers. The inflator mechanisms in the air bags can rupture, causing metal fragments to fly out when the bags are deployed in crashes.

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Bank of England warns on bankers' pay

2014-10-20 18:22:42| BBC News | Business | UK Edition

Banks may have to cut pay to reflect lower industry returns since the financial crisis, a senior Bank of England executive has warned.

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Yellen warns on growing inequality

2014-10-17 21:04:20| BBC News | Business | UK Edition

US Federal Reserve chair Janet Yellen warns about rising inequality in the US, saying she was 'greatly concerned' about the trend.

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Rolls-Royce warns of falling revenue

2014-10-17 09:21:24| BBC News | Business | UK Edition

Engineering firm Rolls-Royce warns of falling revenues as trade sanctions against Russia begin to bite.

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CSX Ceo Warns About Railroad Mergers

2014-10-15 20:13:13| Railroads - Topix.net

CSX Corp. Chief Executive Michael Ward said Wednesday that railroad industry mergers could exacerbate congestion and traffic problems, not alleviate them. Mr. Ward wouldn't directly address Canadian Pacific Railway Ltd.'s proposed merger with CSX during his company's third-quarter earnings conference call with analysts.

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