New York Times reporter. Foodie, bookworm. Part of Pulitzer Prize winning & nominated teams,'13 &'12. Ex-Tokyoite, LSE grad. Kobe born & raised.

Honda Failed to Report Defects’ Full Human Toll — Honda Motor, already facing rising scrutiny over its handling of defective airbags, grossly underreported to federal regulators the number of deaths and injury claims linked to possible defects in its vehicles for more than 10 years, the Japanese automaker disclosed on Monday.

Takata’s Switch to Cheaper Airbag Propellant Is at Center of Crisis — The new airbag propellant was supposed to be the next big thing for Takata in 1998. An engineer for the company, Paresh Khandhadia, declared it "the new technological edge" in an interview with a trade magazine then. But despite the fanfare, by 2001 Takata had switched to an alternative, ammonium nitrate, and started sending the airbags to automakers including Honda.

Defective Takata Airbag Grows Into Global Problem for Manufacturer — SIBU, Malaysia - Law Suk Leh, late in her pregnancy, was driving in the industrial outskirts of this steamy riverside city when her 2003 Honda City collided with a turning car. Her airbag's inflater ruptured on the July evening, spraying metal shrapnel into her neck.

Regulators Call for Takata Airbag Recall to Be Extended Nationwide — Federal auto safety regulators on Tuesday called on automakers to conduct a nationwide recall of vehicles that contain driver's side airbags made by the Japanese supplier Takata. The nationwide move urged by the National Highway Traffic Safety Administrationwould expand a recall that has been limited to two states and two territories associated with high humidity.

Home Depot Reports Strong Third-Quarter Growth Despite Data Breach Disclosure — Home Depot, the country's largest home improvement retailer, booked robust gains in sales and profit in its third quarter, as a brightening economic picture spurred more people to buy homes and renovate them. Those gains appeared to ease concerns at the retailer, based in Atlanta, that an expansive data breach would scare customers away ahead of the critical holiday sales season.

Honda to Replace Airbags Throughout U.S. — Honda will replace potentially defective airbag inflaters in cars nationwide, according to statements the automaker gave federal safety regulators earlier this month. In doing so, it bows to pressure from lawmakers and auto safety experts who had questioned automakers' limiting of the latest airbag recalls to high-humidity regions.

Walmart Reports Sales Upturn in Third Quarter — Walmart Stores, the world's largest retailer, on Thursday reported a quarterly upturn in comparable-store sales for the first time in almost two years, but warned of headwinds ahead of what is expected to be a highly competitive holiday season.

Honda Issues Fresh Recall After Death in Malaysia Is Linked to Airbag — Honda Motor said Thursday that a driver in Malaysia had died after her airbag ruptured in an accident in July, the fifth death linked to defective equipment made by its struggling supplier Takata, and issued a fresh recall of 170,000 cars worldwide.

Takata Offers Its Rebuttal to Report of Secret Airbag Tests — The airbag maker Takata issued a statement Wednesday night offering a "substantive rebuttal" to accusations by two former employees that the company carried out tests on airbags in 2004 in Michigan and found signs of defects but did not report the results to federal regulators.

J.C. Penney and Macy’s Post Lackluster Sales Before Holidays — J.C. Penney and Macy's both reported lackluster sales in the third quarter, the latest sign that despite low gas prices and improving job numbers, retailers just can't get shoppers to spend. Both retailers cited warmer fall temperatures as one of the reasons sales were off, as consumers postponed buying heavier clothes and gear for winter.
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Nov 26, 2014

RT @TheStalwart: YOUR CRAZY UNCLE SAYS: Hogwash. Japan is only experiencing inflation due to the Fukushima shutdown and the cost of importing natural gas!

Nov 26, 2014

RT @TheStalwart: YOU SAY: Abenomics is clearly working. Japan is experiencing its first string of consecutive quarters of positive CPI in years.

Nov 26, 2014

RT @TheStalwart: YOUR CRAZY UNCLE SAYS: Japan has had super-low interest rates for years and it hasn't worked. Why would monetary easing work now?

Nov 26, 2014

RT @TheStalwart: How To Argue About Abenomics With Your Family This Thanksgiving

Nov 26, 2014

RT @danielle_ivory: The stand-off between federal regulators & Takata continues with a stern letter & threats of legal action from NHTSA: h…

Nov 26, 2014

RT @nathanielpopper: Mt Gox's Japanese trustee has chosen to return what's left to creditors through @krakenfx --

Nov 26, 2014

Living thru this at 15 made me want to be a journalist MT @willripleyCNN Kobe museum recreates quake that killed 6400

Nov 25, 2014

Is Harvard Unfair to Asian-Americans? Tired old stereotype: Asians do well on tests but lack originality, leadership.

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