Three executives in Japan's automotive parts industry have agreed to plead guilty to a price-fixing conspiracy and two more have been indicted in the U.S. investigation, the government said Thursday. The plea agreements filed in Detroit and the indictment filed in Toledo were announced Thursday by the U.S. Department of Justice.
California on Thursday adopted new flammability standards for furniture and other products that would allow manufacturers to stop using chemical flame retardants. Gov. Jerry Brown said the new standards were a badly needed update to nearly 40-year-old rules that led to the widespread use of chemicals known as PBDEs to treat the foam found inside furniture.
Oregon workplace safety officials have cited a Springfield meat company for safety violations after a machine fractured an employee's fingers. The state Division of Occupational Safety and Health said on Thursday it fined Bright Oaks Meat Inc. $7,850.
The government allied with Samsung on Wednesday to jointly produce consumer electronics and appliances, a deal coming after a week of raids on Venezuelan retailers and the emptying of store shelves by consumers taking advantage of officially forced discounts.
Twenty-five pharmaceutical companies will pay the Louisina $88 million to resolve allegations they charged Louisiana's Medicaid program too much for their drugs, the final settlement reached in a 2010 lawsuit filed by Attorney General Buddy Caldwell.
The U.S. government expects to sell the last of its stake in General Motors by the end of the year, bringing an end to a sad chapter in the company's storied history. The Treasury Department, in a statement issued Thursday, said it still owns 31.1 million shares of the auto giant, less than 2 percent. It plans to sell the shares by Dec. 31, as long as the price holds up.
Officials say Bangladesh will begin inspecting its export-oriented garment factories to assess the building structures and how safe they are from fire and electrical accidents. The Labor Ministry said Thursday that the Bangladesh University of Engineering Technology will inspect the factories using standards accepted by the government, factory owners and international buyers.
The measures were among three energy bills the House is considering this week as Republicans who control the chamber push to expand an oil and gas boom that's lowered prices and led the U.S. to produce more oil last month than it imported from abroad.
The number of people applying for U.S. unemployment benefits fell 21,000 to a seasonally adjusted 323,000 last week, the lowest since late September and further evidence of an improving job market.The Labor Department says the less volatile four-week average fell for the third straight week to 338,500.
The new guidelines stress that NHTSA doesn't give crash-test ratings higher than five stars. The agency says automakers who claim ratings higher than that are misleading the public. Companies that don't follow the guidelines could see "buyer alert" warnings from the government. They could also be kicked out of the ratings program or be referred to other agencies for further, unspecified action.
Consumers shrugged off the 16-day partial government shutdown and spent more on autos, clothing and furniture in October, boosting U.S. retail sales by the most in four months.Sales rose 0.4 percent, up from a flat reading in September, the Commerce Department said Wednesday.
Federal regulators say they will require that new tour buses and buses that carry passengers on scheduled routes between cities be equipped with seat belts. It's a safety measure sought by accident investigators for nearly a half century.
The Labor Department says the consumer price index fell 0.1 percent last month, down from a 0.2 percent gain in September. The October decrease was primarily due to a 2.9 percent drop in gasoline costs, the largest since April. Over the last 12 months, overall prices have increased 1 percent, well below the Federal Reserve's inflation target of two percent.
U.S. businesses increased their stockpiles in September by the largest amount in eight months while sales posted a modest gain. The Commerce Department says business inventories rose 0.6 percent in September compared with August. Sales rose 0.2 percent.
A Spanish court has ordered a German pharmaceutical company to pay compensation to 22 Spaniards born with disabilities after their mothers used the drug thalidomide during pregnancy decades ago. Madrid's provincial court Tuesday ordered the Gruenenthal Group in Spain to pay $26,300 for each percentage point of disability of victims recognized by Spain's Health Ministry.
Alabama officials are working to lure a Boeing Co. aircraft assembly plant to the Huntsville area. Gov. Robert Bentley, Huntsville Mayor Tommy Battle and economic developers met Tuesday in Birmingham with representatives of the aircraft manufacturer.
With two days left, there was commotion in the Warsaw talks Wednesday after the conference president — Poland's environment minister — was fired in a government reshuffle and developing country negotiators walked out of a meeting on compensation for climate impacts.
A House panel plans to investigate allegations in a published report that workers in the Census Bureau fabricated data used to prepare monthly unemployment reports. The probe comes in response to a report Monday in the New York Post that says census data was manipulated in advance of the 2012 presidential race.
The federal Occupational and Safety Health Administration alleges workplace safety violations at a Tyson Foods Inc. plant in Buffalo, N.Y. OSHA said Tuesday that inspectors found that plant workers are exposed to electrocution, burns and potential falls. The agency is proposing a $121,720 fine.
Massachusetts is close to changing a nearly 200-year-old law that limits to $1,000 the penalty for corporate manslaughter.The House unanimously approved a bill on Monday that would allow for fines of up to $250,000 against companies convicted of criminally negligent behavior that results in death.
On today’s episode we speak with Michael Kerwin, President of NTMA Training Centers of Southern California, who provides a look into the important role that vocational education will play in the future of training America’s workforce.
Last year, the agency took action against Roche after alleging the Swiss drug maker failed to properly report side effects for the medicines, including the cancer drugs Avastin, Herceptin and Xeloda. British authorities said there were "serious shortcomings" in how Roche AG reported potential problems.
The Labor Department says that compensation increased a seasonally adjusted 0.4 percent in the third quarter compared to the April-June quarter when compensation had risen 0.5 percent. Wages and salaries, which make up 70 percent of compensation costs, rose 0.3 percent in the third quarter while benefits were up 0.7 percent.
The U.S. Food and Drug Administration said the products being recalled include those in the form of an injectable drug or an eye drop. The agency said the recall comes because of concerns about the quality control procedures that could pose a potential risk about the sterility of the products.
The National Highway Traffic Safety Administration says fires broke out in two of the cars in the U.S. after the undercarriage hit metal road debris. The debris pierced the batteries and caused a thermal reaction and fires. In each case, the car warned the driver of the damage, and both escaped without getting hurt.