BP to move Tony Hayward to TNK BP in Russia
Hayward will step down as BP chief in October and take a post at TNK BP in Russia. BP seeks a fresh start with Robert Dudley likely to become CEO, while the board prepares second quarter results amid ongoing spill containment.
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McD's Happy Meal toy probed after near strangling incident
A 4-year-old from the New London area nearly choked on a Last Airbender Katara bracelet toy from a McDonald’s Happy Meal on June 30. The mother removed it as the child began to lose consciousness. The U.S. Consumer Product Safety Commission is investigating, McDonald’s says the promotion ended July 22 and the toy meets requirements. The mother did not call 911 as the boy recovered. This follows a prior recall of cadmium-tainted Shrek glasses.
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Ford revamps Explorer to a fuel efficient seven-seat SUV
Ford shifts the Explorer from truck based to car platform aiming for Camry like fuel economy and seven seats. The 2011 Explorer starts marketing Monday and arrives this winter with a base price of 28190 dollars, fewer towing pounds and no V eight engine.
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Mich
U.S
Ford
Aaron Bragman
IHS Automotive
George Pipas
Pipas
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