Money


Continental to Issue Airbag Recall, Five Million Units Are Affected
- February 16, 2016

Honda said, however, that replacement parts are presently scarce and can only be requested for cars with air bag issues and with vehicle damage. Cautioning that this recall affects "certain specific vehicles only" within the models and model years listed, Honda said in a statement Wednesday that particular vehicle identification numbers "to be included in this recall [have] not yet been determined". (more...)
Clinton Counters Sanders with Ad Barrage in Minnesota
- February 14, 2016

On foreign policy, an area where the former Secretary of State tends to dominate, both candidates gave history lessons. As the political calendar turns to states with large black or Hispanic populations, the Democratic discussion will turn more acutely toward minority issues. (more...)
IRS resolves computer problems after outage
- February 13, 2016

Modernized e-file is the IRS's main electronic return filing platform, accepting many types of federal tax forms including those for employment taxes and excise taxes and for filing extensions of time to file. IRS computers that went down after a major failure are now recovering. And 85 percent of the more than 675 owners said they relied on a professional to prepare their returns. (more...)
US, Cuba to sign agreement on restarting commercial flights US, Cuba to sign agreement on restarting commercial flights
- February 13, 2016

USA airlines still must apply for permission from regulators to fly specific routes before they sell tickets to Cuba. American travelers will still be prohibited from traveling to Cuba for tourism, but travel in 12 authorized categories, such as educational trips and people-to-people tours, is permitted. (more...)
Visa buys nearly 10 pct stake in Dorsey's company, Square Visa buys nearly 10 pct stake in Dorsey's company, Square
- February 13, 2016

Jack Dorsey and early backers like venture capital firms Khosla Venture and Sequoia Capital, as well as co-founder James McKelvey, are in control of many of Square's Class B shares. Visa already had an investment in Square . Investors typically convert Class B shares only when they are selling. Square rose 7.9 percent to $9.30 at the close in NY, paring the stock's loss for the year to 29 percent. (more...)
Honda issues recall for 2.23 million vehicles to replace airbag inflators Honda issues recall for 2.23 million vehicles to replace airbag inflators
- February 11, 2016

The Japanese automaker said certain Acura and Honda vehicles from model years 2005-2016 are being recalled to replace Takata PSDI-5 driver-side inflators. Honda will not have enough parts for replacement for all vehicles until autumn. Separately, Automotive News reported Wednesday that a memo Honda sent to dealers mandated a stop-sale order on affected cars, new or used. (more...)