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Autos drive up retail sales
– nytimes.com/services
U.S. retail sales rose in December, a sign the economy regained momentum at the end of the fourth quarter. Fred Katayama reports.
Takata to pay $1b settlement; executives charged
– nytimes.com/services
Japanese autoparts maker Takata Corp. will pay a $1b settlement over its handling of faulty airbags. And three executives were charged with criminal wrongdoing, part of an ongoing shift in settlement strategy. Jeanne Yurman reports.
Takata to plead guilty, pay $1 billion U.S. penalty over air bag defects
– nytimes.com/services
Japan’s Takata Corp agreed to plead guilty to criminal wrongdoing and pay $1 billion to resolve a U.S. Justice Department investigation into ruptures of its air bag inflators linked to at least 16 deaths worldwide. Rough Cut (no reporter narration).
India welcomes Amazon's move
– nytimes.com/services
Amazon.com removed doormats that resembled the Indian flag from its Canadian website. Fred Katayama reports.
Friday the 13th not too scary for stocks
– nytimes.com/services
Stocks closed out Friday with minor gains after major banks reported results and retail sales rose in December. Jeanne Yurman reports.