Articles

Takata to pay $1B, plead guilty in US air bag probe

Takata Corp. admitted to hiding the deadly risks of its exploding air bags for about 15 years in an agreement to pay U.S. regulators, consumers and car manufacturers $1 billion in penalties. The faulty air bags have been linked to at least 17 deaths worldwide.

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Coats said to lead Trump’s picks for intelligence post

Former Indiana Sen. Dan Coats is the front-runner to become Donald Trump’s director of national intelligence, according to two people familiar with the decision, a move that would put him in the position of defending the agencies whose conclusions on Russian hacking have been openly questioned by the president-elect.

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Anthem-Cigna merger goes to judge for ruling that could end deal

The first phase of the U.S. Justice Department’s lawsuit to halt Anthem Inc.’s planned takeover of rival insurer Cigna Corp. is in the hands of a federal judge after the government wrapped up its arguments Tuesday that the deal would harm competition in the national insurance market.

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Anthem’s Cigna takeover could draw $3B Blue Cross fine, exec testifies

Anthem Inc. could face a penalty of about $3 billion from the national Blue Cross Blue Shield Association if it fails to derive the bulk of its nationwide revenue from Blue-branded products after acquiring Cigna Corp., according to testimony from an Anthem executive during a U.S. antitrust trial in Washington.

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Trump names Sen. Jeff Sessions to be his attorney general

President-elect Donald Trump on Friday selected Alabama Senator Jeff Sessions as his attorney general, elevating one of his earliest congressional backers and one of the most conservative U.S. lawmakers to serve as the nation’s top law enforcement official.

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