Japanese air bag supplier Takata says nearly 34 million vehicles were fitted with its defective inflator mechanisms, doubling the number of vehicles affected in the U.S., the National Highway Traffic Safety Administration said Tuesday.
The recall is believed to be the largest in NHTSA's history.
The most luscious watermelon the Deep South has ever produced was once so coveted, 19th-century growers used poison or electrocuting wires to thwart potential thieves, or simply stood guard with guns in the thick of night. The legendary Bradford was delectable — but the melon didn't ship well, and it all but disappeared by the 1920s. Now, eight generations later, a great-great-great-grandson of its creator is bringing it back.
On Wall Street, Feb. 3, 2011, was mostly a ho-hum day. But not for companies that sell Medicare Advantage plans.
Several of those that offer the privately run Medicare coverage option hit the jackpot, tacking on billions of dollars in new value after federal officials signaled they might go easy on health plans suspected of overcharging the government.
Worker-rights groups are calling labor conditions in Qatar "horrific" and urging FIFA sponsors to take responsibility ahead of the 2022 soccer World Cup. Their call comes on the same day the BBC said a reporting crew spent two nights in a Qatari jail for trying to film migrant workers who are building the infrastructure for the sporting event.
In a ruling that will trigger the loss of millions of dollars in tax revenue and is likely to affect many other states, the U.S. Supreme Court has struck down Maryland's practice of double-taxing residents' income earned in other states.
The case challenged Maryland's refusal to grant residents who paid income tax on money earned in other states a credit against that amount when they tally up the taxes they owe to their home counties (and some cities). The state allows the credit to be applied only against the state taxes; county income taxes can be as high as 3.2 percent.
It is part of the American dream, the notion that if you have a good idea and a fire in your belly, you can turn an idea into a successful business. It's that entrepreneurial spirit that drives the global economy.
That message is everywhere in our culture. President Obama echoed it last week, at a summit on entrepreneurship at the White House.
"We have a lot of brainpower here," he said. "We've got innovators and investors, business leaders, entrepreneurs. We've even got a few Sharks."