Japan’s Takata could be close to settlement with the US Department of Justice over its massive exploding-airbag recall in what would amount as the largest exploding airbag settlement ever. The company is expected to pay up to $1 billion to resolve allegations...
The U.S. auto safety agency has opened an investigation into complaints that another 1 million Fiat Chrysler vehicles can roll away after the owners shift transmissions into park, a problem similar to the one being blamed in the wrongful death of “Star...
Ikea is settling three separate defective product lawsuits brought against it for the wrongful deaths of three young boys. The Swedish company will pay $50 million to the families of the boys who died when Ikea dressers toppled over with crushing force. In all...
Hundreds of people taking the diabetes drug Avandia needlessly suffer heart attacks and heart failure each month, according to confidential government reports that recommend that the drug be removed from the market. The reports, obtained by The New York Times, say...
GlaxoSmithKline said Thursday it Will remove zinc from its denture cream after reports that excessive use over many years can cause neurological damage and blood problems in consumers. The British manufacturer will stop making and marketing Super Poligrip Original,...
A day after Toyota Motor Corp. announced an indefinite suspension of U.S. sales on an unprecedented scale to fix faulty gas pedals, the automaker said late Wednesday that it will recall an additional 1.1 million vehicles in the United States over floor mat problems....
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