Ford to challenge Takata air bag recall expansion
Ford fights expanding Takata air bag inflator recall with a petition to NHTSA to avoid a recall for over 2 million Ford vehicles. Takata's drying-agent inflators can degrade in humidity and high heat, risking rupture. NHTSA notes tests show potential danger and has already called back millions across the industry.
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Stock market slips as energy, tech pull back on oil drop
U S stocks traded slightly lower as energy shares fell with crude oil slipping 2.5 percent ending tech gains. The S P 500 dipped 0.91 to 2 472 54 while the Dow fell 31.71 to 21 580 07 and the Nasdaq edged down 2.25 to 6 387 75.
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Associated Press
Pickens recovering after Texas-sized fall hospital stay
Oilman T. Boone Pickens says he remains mentally strong after a July fall put him in Baylor Hospital Dallas. He returned home Monday and undergoes daily physical and speech therapy while continuing work with BP Capital and his business entities. He notes strokes over Christmas but reports 90 percent speech recovery.
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Weather Service to Cancel Union Contract in Labor Showdown
The National Weather Service plans to terminate its 16 year old contract with the union representing about 3,800 meteorologists and workers as it restarts negotiations. Union officials call the move surprising while observers deem it a negotiating power play.
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Wells Fargo Ordered to Reinstate Whistleblower Branch Manager
The Department of Labor orders Wells Fargo to reinstate a California branch manager fired in September 2011 after reports of employees opening accounts without customer knowledge. The bank must also pay 577,500 dollars in back wages and has acknowledged widespread account openings without consent.
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