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U.S. regulator orders national Takata driver-side air bag recall

DETROIT - The U.S. National Highway Traffic Safety Administration on Wednesday ordered air bag supplier Takata Corp to expand its regional recall of driver-side air bags to cover the entire United States.

Recent Business News

Wal-Mart dismisses several China executives to cut costs

- Wal-Mart Stores Inc said it had dismissed several executives in China as part of an effort to lower costs in the country, where it has been grappling with slower sales and tough price competition.

1:20pm EST

Saudi, UAE signal no push for OPEC oil cut

VIENNA - OPEC leader Saudi Arabia and fellow member the United Arab Emirates signaled on Wednesday they were unlikely to push for a major change in oil output at the group's meeting this week to prop up prices that have sunk by a third since June. | Video

1:24pm EST

Exclusive: Apollo Global in the lead to acquire Presidio: sources

- Apollo Global Management LLC is in advanced talks to acquire Presidio Inc in a deal that could value the information technology consulting company at close to $1.3 billion, including debt, according to people familiar with the matter.

1:07pm EST

Deere says equipment sales to fall further as farm incomes drop

- Deere & Co said it expected equipment sales to fall further as lower grain prices discourage farmers from buying tractors, harvesters and other machinery.

10:28am EST

Goldman, BASF, HSBC accused of metals price fixing: U.S. lawsuit

NEW YORK - Goldman Sachs Group Inc , Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals.

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