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Head of Takata Steps Down Amid Airbag Recalls, Lawsuits

In the heat of widespread vehicle recalls, criminal investigations, and lawsuits, Steffan Stocker, the president of the airbag manufacturer Takata Corporation, has stepped down from his post. The company announced that Stocker will be replaced by chairman Shigehisa Takada. The company expects that Mr. Takada, as the... Read More

Schneider Electric Circuit Breakers Recalled

Circuit breakers produced by Schneider Electric have been recalled due to the risk of fire, burns, and electrical shock. The recall was announced on December 18 due to the fact that the circuit breakers will not trip during overload, as they should. The products in question are... Read More