Johnson Controls weighs options for automotive unit
Johnson Controls said it is exploring options to separate its automotive business, a unit that includes seating and instrument panels and accounted for over half of last fiscal year revenue of 42.83 billion. The company posted a shares rise of more than 4 percent in morning trading while pursuing a broader split and reorganizing its building efficiency units.
MENTIONED IN THIS ARTICLE
Milwaukee
Johnson Controls
Cbre Group Inc
Johnson Controls Inc
North America
EPA proposes to regulate airliner emissions under endangerment finding
The Obama administration plans to regulate aircraft emissions like power plants under the Clean Air Act. EPA may adopt ICAO standards for engines used in large planes with a potential implementation around 2017, targeting later global standards to take effect in 2020 to 2025.
MENTIONED IN THIS ARTICLE
Washington
Obama
Tach
Enue
Environmental Protection Agency
International Diel Aviation Organization
ICAO
Ata
EPA
Vera Pardee
Center For Biological Diversity
Chip cards roll out as banks push secure payments this summer
Banks and payment networks including Visa MasterCard and American Express plan a switch to chip and magnetic strip cards with liability shift for fraud. Merchants face costs to upgrade equipment, with an Oct. 1 soft deadline and about half of merchants expected to read chip readers by year end.
MENTIONED IN THIS ARTICLE
Vi MasterCard
American Express
U.S
Richey
American Bankers Association
Visa
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Pceeteeret
The
Associated Press
Germany
International Council On Clean Transportation
Boeing
Nancy Young
Airlines For America
Trade Association For
Alaska
Frontier
Slines
American
Pittyvil Itty
Sele
S. Main ST
Wellingt
Unday
Europe
Sertment
Elyria
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