Auto dependability rankings released
J.D. Power and Associates finds Lexus Porsche Buick and Toyota top three year old vehicle dependability with fewer than 114 problems per hundred. GM and Toyota show strong scores though technology issues persist across the industry including wireless connections navigation and voice recognition.
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Power study ranks top automakers by problems per 100 vehicles
J D Power releases 2015 rankings with brand position changes and problem rates. Lexus leads at 95 with no change, while Fiat appears new at 199 not ranked in 2015. Segment winners include Fiat 500 city car and Buick Verano among others, with several brands showing gains and losses across categories.
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Murray Energy mine halts production amid weak electric demand
Murray Energy will idle the Marion County West Virginia mine until at least March 7, with about 500 workers affected after 80 were laid off in December. The company says utilities are cutting coal intake as demand drops and shifts to natural gas, while other mines operate on reduced schedules.
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Senate confirms Califf as FDA head amid opioid reform push
The Senate approved President Obama's pick Robert Califf as FDA commissioner 89 to 4. He is a Duke cardiologist and former FDA deputy who faces unfinished tobacco rules and food safety reforms while re evaluating painkiller regulation amid the opioid crisis. The IMF warned global markets remain vulnerable and urged quick contingency measures at a G 20 meeting led by Lew and Yellen.
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