Toyota in $3.4 Billion Settlement Over Corrosion in Some Trucks and SUVs – Wall Street Journal

Toyota Motor Corp. has agreed to pay up to about $3.4 billion to settle claims that certain of its trucks and sport-utility vehicles lacked proper rust protection, leading to premature corrosion of vehicle frames. The agreement is a substantial financial setback at a time when the Japanese auto giant’s record-breaking profit streak has slowed in recent […]

Here’s Why the Qualcomm-NXP Deal Makes Sense – Fortune

Qualcomm CEO Steve Mollenkopf sat out last year’s merger mania in the semiconductor market, even as his company’s core smartphone chip business slowed. But with expectations rising for a deal this year, Mollenkopf may have hit on one of the savvier acquisitions in the industry. By adding NXP Semiconductors for a total of $47 billion […]

Orders for U.S. Capital Goods Decline by Most Since February – Bloomberg

Orders for U.S. Capital Goods Decline by Most Since February – Bloomberg

Orders for U.S. business equipment fell in September by the most in seven months, indicating corporate investment is having trouble gaining traction. Bookings for non-military capital goods excluding aircraft dropped 1.2 percent, erasing a 1.2 percent August gain that was stronger than previously reported, Commerce Department data showed Thursday. The median forecast of economists surveyed […]

Graduate Students Clear Hurdle in Effort to Form Union – New York Times

To save articles or get newsletters, alerts or recommendations – all free. Don’t have an account yet?Create an account » Subscribed through iTunes and need an NYTimes.com account?Learn more » Need to connect your Home Delivery subscription to NYTimes.com?Link your subscription » Graduate Students Clear Hurdle in Effort to Form Union – New York Times

Speedo, three other sponsors drop Ryan Lochte – USA TODAY

Speedo, three other sponsors drop Ryan Lochte – USA TODAY

x Embed x Share US Olympic swimmer Ryan Lochte lost his first major endorsement after a false tale of robbery. USA TODAY Rio police said U.S. swimmer Ryan Lochte lied about being held up at gunpoint Sunday morning.(Photo: Peter Casey, USA TODAY Sports) Speedo was the first, announcing early Monday it dropped its sponsorship of embattled […]

Delphi, Mobileye to offer driverless car system in 2019 – The Detroit News

Delphi, Mobileye to offer driverless car system in 2019 – The Detroit News

Delphi Automotive PLC and Mobileye NV on Tuesday announced plans to jointly develop a fully autonomous vehicle system that the suppliers expect will be ready for production in 2019.(Photo: Spencer Platt / Getty Images) Delphi Automotive PLC and Mobileye NV on Tuesday announced plans to jointly develop a fully autonomous vehicle system that the suppliers […]

Trump’s Empire: A Maze of Debts and Opaque Ties – New York Times

To save articles or get newsletters, alerts or recommendations – all free. Don’t have an account yet?Create an account » Subscribed through iTunes and need an NYTimes.com account?Learn more » Need to connect your Home Delivery subscription to NYTimes.com?Link your subscription » Trump’s Empire: A Maze of Debts and Opaque Ties – New York Times