St. Jude releases cyber updates for heart devices after U.S. probe
Abbott Laboratories (ABT.N) moved to protect patients with its St. Jude heart implants against possible cyber attacks, releasing a software patch on Monday that the firm said will reduce the "extremely low" chance of them being hacked.
The company disclosed the moves some five months after the U.S. government launched a probe...
Takata airbags: Delayed fixes worry drivers who see ‘terrible’ risk
Drivers like Norma Caplan of Boynton Beach are growing impatient that dealers say they still do not have enough replacement parts to fix recalled Takata airbags as 2017 gets underway.
“Get it done,” Caplan urged Monday. “To be injured or killed by flying metal pieces is terrible. They’re supposed to protect you.”
F.B.I. Arrests Volkswagen Executive on Conspiracy Charges in Emissions Scandal
By ADAM GOLDMAN and HIROKO TABUCHI
JANUARY 9, 2017
The Federal Bureau of Investigation has arrested a Volkswagen executive who faces charges of conspiracy to defraud the United States, two people with knowledge of the arrest said on Sunday, marking an escalation of the criminal investigation into the automaker’s diesel emissions cheating scandal.
Volkswagen, Justice Dept. nearing $3 billion deal to resolve diesel allegations
By David Shepardson and Joel Schectman | WASHINGTON
Volkswagen AG (VOWG_p.DE) and the U.S. Justice Department are nearing an agreement to resolve the government's civil and criminal investigations that would require the German automaker to pay a penalty of more than $3 billion, sources briefed on the talks said on Friday.
The...
AIG accused of racketeering in structured settlement business
By Dena Aubin
Insurance giant American International Group has been hit with a racketeering lawsuit accusing it of unlawfully charging successful personal injury and workers' compensation claimants thousands of dollars in undisclosed brokers' commissions.
By Dena Aubin
Insurance giant American International Group has been hit with a racketeering lawsuit accusing it of unlawfully...
2016-2017 Mercedes-Benz GLE recalled to fix airbag problem
Mercedes-Benz is recalling nearly 48,000 GLE models from 2016 and 2017 to address a software flaw that could prevent the crossover's airbags from working as intended. The problem is rooted in the GLE's occupant classification system (OCS), which determines whether or not an adult is seated in the front passenger's seat and turns the...
L.I.R.R. Train That Crashed Was Going Over Twice Speed Limit, Inquiry Finds
A Long Island Rail Road train that crashed in Brooklyn on Wednesday was going more than twice the speed limit when it slammed into a train station, injuring more than 100 people, federal investigators said on Thursday.
The train was traveling at more than 10 miles per hour when it hit the end of the...
Proposed Safety Regulations To Impact Autonomous Vehicle Market
New Technology to Reduce Many Types of Crashes
The US National Highway Traffic Safety Administration (NHTSA) proposed new safety regulations that got very little coverage; perhaps because the proposed rule came out on December 13th just before the yearend holidays. These regulations would use a new technology...
FDNY: More than 100 hurt in LIRR train accident at Atlantic Terminal
Federal investigators are trying to determine why a rush-hour Long Island Rail Road train crashed through a barrier at the end of the tracks at the Brooklyn terminal Wednesday, injuring more than 100 people.
At a news briefing at Atlantic Terminal on Wednesday night, lead investigator Jim Southworth said National Transportation Safety Board officials planned...
Feds Investigate Claims That Hyundai Seat Belts Broke Loose In Crashes
Federal regulators are investigating whether to recall about 313,000 2013 Hyundai Sonatas after receiving allegations that the front passenger seat belt broke loose in a crash.
The investigation was prompted by complaints by two owners.
In each case the owner claimed that the front passenger belt broke away from its anchoring point on the floor, the...