Consumer product manufacturing

Japanese air bag maker Takata Corp. CEO Shigehisa Takada bows at the beginning of a press conference in Tokyo, Monday, June 26, 2017. Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of defective air bag inflators. (Akiko Matsushita/Kyodo News via AP)
June 26, 2017 - 5:41 pm

'Like bombs': Bankrupt company's air bags still out there

Takata's lethally defective air bags proved to be the company's undoing Monday. But it could take years to get the dangerous devices off the road in the U.S. and around the world. Crushed by lawsuits, fines and recall costs, the Japanese auto parts supplier filed for bankruptcy in Tokyo and...
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Japanese air bag maker Takata Corp. CEO Shigehisa Takada bows at the beginning of a press conference in Tokyo, Monday, June 26, 2017. Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of defective air bag inflators. (Akiko Matsushita/Kyodo News via AP)
June 26, 2017 - 5:20 pm

'Like bombs': Bankrupt company's air bags still out there

Takata's lethally defective air bags proved to be the company's undoing Monday. But it could take years to get the dangerous devices off the road in the U.S. and around the world. Crushed by lawsuits, fines and recall costs, the Japanese auto parts supplier filed for bankruptcy in Tokyo and...
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A woman stands in front of an electronic stock board of a securities firm in Tokyo, Monday, June 26, 2017. Asian markets rose Monday after Wall Street rebounded from losses to end the week higher on stronger oil and natural gas prices. (AP Photo/Koji Sasahara)
June 26, 2017 - 5:32 am

Global markets higher after Wall Street rebound

BEIJING (AP) — Global stock markets rose Monday after Wall Street rebounded from losses to end last week higher on stronger oil and gas prices. KEEPING SCORE: France's CAC-40 rose 0.8 percent to 5,309.52 and the FTSE 100 in London gained 0.6 percent to 7,467.23. Germany's DAX advanced 0.6 percent...
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Japanese air bag maker Takata Corp. CEO Shigehisa Takada bows during a press conference in Tokyo, Monday, June 26, 2017. Takata has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of defective air bag inflators. (AP Photo/Shizuo Kambayashi)
June 26, 2017 - 4:58 am

Air bag recalls, lawsuits lead Takata to file for bankruptcy

Shattered by recall costs and lawsuits, Japanese air bag maker Takata Corp. filed Monday for bankruptcy protection in Tokyo and the U.S., saying it was the only way it could keep on supplying replacements for faulty air bag inflators linked to the deaths of at least 16 people. The company's...
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Japanese air bag maker Takata Corp. CEO Shigehisa Takada bows during a press conference in Tokyo, Monday, June 26, 2017. Takata has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of defective air bag inflators. (AP Photo/Shizuo Kambayashi)
June 26, 2017 - 3:49 am

Air bag recalls, lawsuits lead Takata to file for bankruptcy

Shattered by recall costs and lawsuits, Japanese air bag maker Takata Corp. filed Monday for bankruptcy protection in Tokyo and the U.S., saying it was the only way it could keep on supplying replacements for faulty air bag inflators linked to the deaths of at least 16 people. The company's...
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Japanese air bag maker Takata Corp. CEO Shigehisa Takada bows during a press conference in Tokyo, Monday, June 26, 2017. Takata has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of defective air bag inflators. (AP Photo/Shizuo Kambayashi)
June 26, 2017 - 3:05 am

Air bag recalls, lawsuits lead Takata to file for bankruptcy

Shattered by recall costs and lawsuits, Japanese air bag maker Takata Corp. filed Monday for bankruptcy protection in Tokyo and the U.S., saying it was the only way it could keep on supplying replacements for faulty air bag inflators linked to the deaths of at least 16 people. The company's...
Read More
A woman stands in front of an electronic stock board of a securities firm in Tokyo, Monday, June 26, 2017. Asian markets rose Monday after Wall Street rebounded from losses to end the week higher on stronger oil and natural gas prices. (AP Photo/Koji Sasahara)
June 26, 2017 - 1:37 am

Asian markets higher after Wall Street rebound

BEIJING (AP) — Asian markets rose Monday after Wall Street rebounded from losses to end last week higher on stronger oil and gas prices. KEEPING SCORE: The Shanghai Composite Index rose 0.8 percent to 3,181.78 and Hong Kong's Hang Seng added 0.4 percent to 25,768.13. Tokyo's Nikkei 225 advanced 0.1...
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June 25, 2017 - 11:50 pm

Asian markets higher after Wall Street rebound

BEIJING (AP) — Asian markets rose Monday after Wall Street rebounded from losses to end the week higher on stronger oil and natural gas prices. KEEPING SCORE: The Shanghai Composite Index rose 0.5 percent to 3,174.73 and Hong Kong's Hang Seng gained 0.5 percent to 25,809.12. Toyko's Nikkei 225...
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Japanese air bag maker Takata Corp. CEO Shigehisa Takada bows during a press conference in Tokyo, Monday, June 26, 2017. Takata has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of defective air bag inflators. (AP Photo/Shizuo Kambayashi)
June 25, 2017 - 11:26 pm

Takata files for bankruptcy, overwhelmed by air bag recalls

Japanese air bag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of defective air bag inflators linked to the deaths of at least 16 people. The company announced the move Monday morning Tokyo time...
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TK Holdings Inc. headquarters is shown in Auburn Hills, Mich., Sunday, June 25, 2017. Japanese air bag maker Takata, overwhelmed by lawsuits, recall costs, filed for bankruptcy protection on Monday. (AP Photo/Paul Sancya)
June 25, 2017 - 10:22 pm

Takata files for bankruptcy, overwhelmed by air bag recalls

Japanese air bag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of defective air bag inflators linked to the deaths of at least 16 people. The company announced the move Monday morning Tokyo time...
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