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Takata files for bankruptcy, overwhelmed by air bag recalls

This July 6, 2016, file photo, shows the logo of Takata Corp. at an auto supply shop in Tokyo. Drowning in a sea of lawsuits and recall costs, Japanese air bag maker Takata Corp. is expected to seek bankruptcy protection in Tokyo and the United States early Monday, June 26, 2017. (Shizuo Kambayashi / Associated Press)
Japanese air bag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of faulty air bag inflators that are linked to the death of at least 16 people.

Motley Fool: Lowe’s provides something to build on

Lowe’s shares have roughly tripled in value, overall, over the past five years. (Associated Press)
The home-improvement retail chain has increased its dividend payouts without fail in each of the last 54 years. Lowe’s annual payouts have more than doubled over the last four years and recently yielded 2.1 percent. The best part? Lowe’s is likely to keep the dividend growth flowing for many years.

BBB Tip of the Week: Take steps to protect your PC, network

Ransomware is now a common topic among business owners and computer users. A patch is a piece of software used to correct a problem within an operating system or software program. These patches can prevent ransomware attacks. If you have a PC or network using Microsoft Windows operating systems, you may be aware of updates and patches being made recently. Many of us remember the WannaCry global outbreak last month that affected thousands. Microsoft warns of an elevated risk of cyberattacks and is releasing new updates. The Better Business Bureau wants you to know what this means to you:

Business Beat

Architecture NAC Architecture has announced the hiring of Landon DeFelice, Andrew Parker, Vitaliy Grechikhin and Don Potts. DeFelice, an architectural designer, is working on Spokane Community College’s Main Building renovation and an elementary school in Quincy, Washington. Parker, also an architectural designer, is working on the builds for a new residence hall at Montana State University and a recreation center in Quincy. Grechikhin, an electrical drafter, is working on SCC’s Main Building renovation and a Spokane Behavioral Health project. Potts works in IT and has previously worked with Microsoft and others in his 15-year career.

Tom Kelly: Can your lender challenge loan data after closing

Although lenders sometimes disclose at the time of application that employment, assets and credit may be reverified again near or on the closing date for quality control purposes, a reverification form does not usually accompany the closing papers.

Week Ahead

Conventions WASA/AWSP Summer Conference - Association of Washington School Principals/WASA, through Wednesday, Spokane Convention Center, 1,000 attendees.

Madoff clients fighting for fortunes get help – from the con man

In this March 10, 2009 file photo, Bernard Madoff exits Manhattan federal court in New York. (Louis Lanzano / Associated Press)
Dozens of Bernard Madoff’s early investors are getting help from an unlikely source in a fight to keep their profits: the con man himself. From his federal lockup in Butner, North Carolina, Madoff said at a recent deposition he was a legitimate securities broker for decades, until 1992. Before that, he said, he was mostly clean as a whistle. Madoff made a similar claim in his guilty plea eight years ago, but the issue hasn’t really mattered until now.

Tesla wants to develop its own music service

It may not be enough for the electric car company Tesla to take on the giants of Detroit, like General Motors and Ford. The Palo Alto-based automaker is said to be exploring its very own music streaming service, too, a move that would pit the company against market leader Spotify, and the aggressive efforts by Apple to conquer the world of on-demand music.

Page 11 of 1,735 pages | Search


Parting Shot — 7.24.17

President Donald Trump waves to the crowd after speaking at the 2017 National Scout Jamboree in Glen Jean, W.Va., Monday. (AP Photo/Carolyn Kaster)

Targeting the idiot market

Part of the Spokane movie-going experience, at least in the theaters I visit, involves sitting through commercials before the film. One, from the very people who bring us these sponsored ...