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 …
( read original story …)


Related Post

Favoring Osaka, Macau billionaire says Tokyo doesn...
views 221
Lawrence Ho, the billionaire owner of Melco Resort...
Tokyo stocks down as Turkey jitters continue
views 46
Tokyo stocks erased early gains to finish lower in...
Japan business confidence hits decade high: Bank o...
views 201
Confidence among Japan's biggest manufacturers has...
Japan’s Abe seeks to remove ‘balance&#...
views 127
TOKYO (Reuters) - Prime Minister Shinzo Abe wants ...
Japan boosting missile defense to face North Korea...
views 161
TOKYO -- Japan will overhaul its missile intercept...
Osaka City ‘A+/A-1’ Ratings Affirmed; Outlook Stab...
views 163
Our ratings on Osaka primarily reflect its very st...
Robeco picks former Henderson Tokyo CEO to lead bu...
views 261
Shiro Tsubota was named president and representati...
Japan’s MUFG Bank to halt Iran-related trade later...
views 60
TOKYO: Japan’s biggest bank, Mitsubishi UFJ Financ...
Japanese Crypto Firm Snaps up a Deutsche Bank Heav...
views 48
Japanese crypto firm FXcoin has recruited Deutsch ...
A 3.4-magnitude earthquake in North Korea was a &#...
views 170
The earthquake comes after days of increasingly be...