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Defective air bags trigger major consumer-product recall

CFA Institute Financial NewsBrief | May 20, 2015

The U.S. auto-safety regulator has ordered the recall of nearly 34 million vehicles equipped with defective air bags made by auto-supply giant Takata, in what is expected to be the biggest consumer-product recall in U.S. history. Officials say exposure to humidity and other factors cause the air bags to burn hotter than they are supposed to when activated, blasting metal shards toward drivers and passengers. The air bags have been blamed for six deaths and more than 100 injuries. Detroit Free Press (19 May.) The Washington Post (tiered subscription model) (19 May.)


FX rigging leads to guilty pleas, fines for major banks

CFA Institute Financial NewsBrief | May 21, 2015

Financial firms support efforts to prevent asset bubbles

CFA Institute Financial NewsBrief | May 19, 2015

Extra second on June 30 worries financial industry

CFA Institute Financial NewsBrief | May 19, 2015

Fitch lowers ratings of 20-plus European banks

CFA Institute Financial NewsBrief | May 20, 2015

Is your firm taking steps to promote diversity in its hiring and promotion decisions?

CFA Institute Financial NewsBrief | May 19, 2015

Greece's Tsipras: Ready to compromise to get aid

CFA Institute Financial NewsBrief | May 19, 2015

Fed minutes suggest little chance of rate hike in June

CFA Institute Financial NewsBrief | May 21, 2015

Moody's expects Greek action as banking sector crumbles

CFA Institute Financial NewsBrief | May 21, 2015

401(k)s must be monitored by employers, high court says

CFA Institute Financial NewsBrief | May 19, 2015


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