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Takata decides to file for bankruptcy: source

TOKYO Japan's Takata Corp , the firm at the center of the auto industry's biggest ever product recall, will file for bankruptcy protection in Japan on Monday with liabilities of more than 1 trillion yen ($9 billion), a source said.

Recent Business News

RBS to cut 443 jobs in UK, move many of them to India

British lender Royal Bank of Scotland is planning to cut 443 jobs dealing with business loans and many of them will move to India, the bank said.

2:39pm EDT

CEO of Raytheon's Forcepoint eyes IPO: Boersen-Zeitung

FRANKFURT U.S. missile maker Raytheon's cybersecurity unit could thrive were it to be listed separately, the head of the unit, Forcepoint, told German business daily Boersenzeitung in an interview published on Saturday.

Even with Whole Foods, Amazon would need many more warehouses to reshape grocery delivery

If Amazon.com Inc hopes to revolutionize grocery delivery, then its bid to buy Whole Foods Market Inc for $13.7 billion will be just the start of a long and costly process. | Video

Deals, Tech Jun 24 2017

GM settles hundreds of ignition switch lawsuits

NEW YORK General Motors Co has agreed to settle federal lawsuits by as many as 203 plaintiffs over defective ignition switches in its vehicles, a Friday court filing shows.

Jun 23 2017

Anthem to pay record $115 million to settle U.S. lawsuits over data breach

Anthem Inc , the largest U.S. health insurance company, has agreed to settle litigation over hacking in 2015 that compromised about 79 million people's personal information for $115 million, which lawyers said would be the largest settlement ever for a data breach.

Jun 23 2017

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