As Takata Costs Soar in Airbag Recall, Files Show Early Worries on Financial Toll
Internal documents and emails reveal new details about how economic pressures helped guide the company’s handling of its airbag defect,…
Pacific Sunwear Files for Bankruptcy
Under a debt-for-equity restructuring agreement, the company plans to be taken private by Golden Gate Capital.
Teenage Driver Dies in Texas After Takata Airbag Ruptures in Crash
Huma Hanif, 17, was driving a Honda Civic last week outside Houston when she was involved in a minor accident…
Products and Competition Stretch Market for ‘Athleisure’ Clothing
Seemingly every clothing brand and retailer wants in on clothing made both for exercise and for everyday wear, but the…
Honda Expands Recall of Takata Airbags as Its Longtime Partner’s Crisis Widens
The latest action, for 2.23 million vehicles, reveals just how much Honda, the automaker most affected by the defective airbags,…
Senators Call for a Much Broader Recall of Defective Takata Airbags After a Recent Death
Richard Blumenthal of Connecticut and Edward Markey of Massachusetts called on the Obama administration to force the recall of every…
American Apparel’s Founder Dov Charney Loses Court Bid to Return
A Bankruptcy Court judge in Delaware decided against the ousted founder of American Apparel, ruling that a lenders’ takeover plan…
Dov Charney Argues in Court for His Return to American Apparel
Mr. Charney, who was fired from American Apparel in 2014, said that the board conspired to wrest control from him…
Walmart to Close 269 Stores as Retailers Struggle
The giant retailer said about 16,000 employees would be affected by the move.
Retail Sales Were Lackluster in December, Signaling Fragile Economy
The Commerce Department said sales fell 0.1 percent in December, raising concerns about the economic recovery.