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Nissan recalling 260,000 vehicles globally with Takata air bags

Nissan recalling 260,000 vehicles globally with Takata air bags

Nissan Motor Co said on Thursday it is recalling 260,000 vehicles globally due to a defect in driver-side air bags made by Takata Corp.

By Maki Shiraki; Writing by William Mallard; Editing by Ryan Woo

U.S. regulator expands warning over Takata air bags, more lawsuits filed

U.S. regulator expands warning over Takata air bags, more lawsuits filed

The problems for Japanese auto parts maker Takata Corp (7312.T) grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States while two more lawsuits have been filed over accidents in older Honda cars.

By BEN KLAYMAN

U.S. to scrap trade deal on Russian steel duties

U.S. to scrap trade deal on Russian steel duties

The U.S. Department of Commerce will terminate a 15-year-old deal sheltering Russian flat-rolled steel producers from high import duties, it said in a letter to Russian authorities.

By Krista Hughes in Washington, DC, Andrey Kuzmin in Moscow and James Kelleher in Chicago Editing by W Simon, J Benkoe, Marguerita Choy and David Gregorio

GM's top lawyer, hammered during recall hearing in Congress, to retire

GM's top lawyer, hammered during recall hearing in Congress, to retire

General Motors Co's (GM.N) top lawyer will retire early next year, months after his department was heavily criticized for how it handled the automaker's defective ignition switch that has been linked to at least 27 deaths.

By BEN KLAYMAN

GE profit tops views as cost cuts drive margins; shares up

GE profit tops views as cost cuts drive margins; shares up

General Electric Co (GE.N) reported a slightly higher-than-expected quarterly profit on Friday, with cost cuts that helped boost margins across its industrial businesses offsetting revenue that missed analysts' targets.

By LEWIS KRAUSKOPF

Data show U.S. economy's pulse is still strong

Data show U.S. economy's pulse is still strong

The number of Americans filing new claims for jobless benefits fell to a 14-year low last week and industrial output rose sharply in September, positive signals that could help ease fears over the economic outlook.

By JASON LANGE

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