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U.S. takes tough lines as NAFTA negotiations begin

The United States on Wednesday laid down a tough line for modernizing the North American Free Trade Agreement, demanding major changes to the pact that would reduce U.S. trade deficits with Mexico and Canada and increase U.S. content for autos.

U.S. judge in Takata bankruptcy halts lawsuits vs automakers

A U.S. judge overseeing the bankruptcy of Japanese auto supplier Takata Corp's U.S. business has halted for 90 days the lawsuits brought by victims of its faulty air bag inflators against automakers, a ruling that temporarily smooths its efforts to exit bankruptcy.

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