Money


Continental follows Takata with massive airbag recall
- February 11, 2016

The units being recalled were made from 2006 through 2010 and are in less than 2 million vehicles in the US. In that case, 24 million USA vehicles are being recalled. Due to the large volume of required repairs, Honda said the necessary replacement parts won't be available until the summer of 2016. A United Kingdom spokesman said the models affected in Europe include; CR-V (2007-2011 MY), CR-Z (2011-2015 MY), Jazz (2009-2014 MY) and Insight (2010-2014 MY) and some could be in Britain. (more...)
Honda's latest air bag recall to total 5.7 million cars
- February 11, 2016

Continental's airbag problem is far less dramatic than Takata's. This is the latest news of the Honda and Acura Recall News and Full List of Vehicles with Problems from Takata PSDI-5 Airbag. If that happens, the airbags may not deploy during a collision or, perhaps worse, may deploy randomly. The National Highway Traffic Safety Administration (NHTSA) opened an investigation into the control units last fall after receiving a complaint that the airbags in a 2008 Honda Accord did not deploy ... (more...)
Here's how to get your free Chipotle burrito 'raincheck' Here's how to get your free Chipotle burrito 'raincheck'
- February 10, 2016

The company set up a web page with instructions onhow to get a free Chipotle burrito. Normally, it would have been filled with cars and there would be likely be a line inside close to the door, but Monday was an unusual day for this fast food giant. (more...)
Chipotle Restaurants Opening Later Monday Due To Food Safety Meetings Chipotle Restaurants Opening Later Monday Due To Food Safety Meetings
- February 10, 2016

The money will be used to ensure serving fresh food while minimizing risk in its complex supply chain. But the outbreak drove the company's stock down by 26 percent over the past three months and it warned of a potentially sizeable hit to profits last month. (more...)
Viacom's quarterly revenue misses estimates on weak ad sales Viacom's quarterly revenue misses estimates on weak ad sales
- February 10, 2016

Viacom Inc is claimed to be extending its deal with Snapchat which can permit it to sell promoting on the cellular app's behalf, the Wall Street Journal reported citing individuals accustomed to the matter. Through the partnership, Snapchat will have unique access to cover Viacom's tentpole events, such as MTV's Video Music Awards, BET Experience and MTV's EMAs. (more...)
Disney shares slide despite Star Wars boost
- February 10, 2016

PiperJaffray analyst Stephanie Wissink called the results "very strong", saying, "We are encouraged that earnings growth exceeded sales growth, suggesting margin expansion". Reported earnings were $1.73 per share. Analysts are also concerned about the rising cost of sports rights, and in the quarter that was a factor in lower operating income for the sports network. (more...)