Honda recalls 410000 vehicles for brake issue
Honda Motor Co will recall more than 410000 Odyssey minivans and Element small trucks from 2007 and 2008 due to a braking system defect that can reduce stopping power. Honda says a stabilizer device can allow air into hydraulic lines, requiring firmer pedal pressure and potentially causing crashes. Letters to owners go out late April. dealers can bleed air and later install fixes once parts arrive.
MENTIONED IN THIS ARTICLE
Detroit
Honda Motor Co
Honda
Chris Martin
National Highway Traffic Safety Administration
Martin
NHTSA
Greece relief as S and P drops watch on downgrade
Greece wins relief from market pressure as Standard & Poor's removes credit watch after deeper budget cuts. eurozone governments outline a vague loan plan with potential bilateral loans to backstop Greece. European ministers caution on timing and amount while Juncker and De Jager describe a voluntary safety net mechanism.
MENTIONED IN THIS ARTICLE
Greece
Brussels
Standard & Poor's
S&p
Europe
Jean-Claude Juncker
European Union
Jan Kees de Jager
Madoff family seeks dismissal of civil claims in fraud case
Bernard Madoff relatives urge federal bankruptcy court to drop lawsuits alleging involvement in the founder's securities fraud. Petitions filed after trustee Irving Picard press statements call the accusations sensationalist and unfounded, with defense noting lack of direct liability. Hartford Financial to sell 3.05 billion in securities to repay bailout aid while Discover reports a quarterly loss of 104 million amid rising defaults.
MENTIONED IN THIS ARTICLE
New York
Bernard Madoff
Madoff
Peter Madoff
Manhattan
Hartford, Conn
Hartford Financial Services Group Inc
Financial Services Company
Federal Office of Thrift Supervision
Hartford Financial
Discover Financial Services
Discover
THE
Associated Press
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Irving Picard
Hartford
U.S
Medicaid
Kevin McCarver
7Th Street
Odessa
Odessa Family Ymca
Wes ME
Wedy
Marc
Ed Moreno
Mes Ue
Khai Nee
Bai An A
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