Takata hires financial adviser to mull restructuring options, report says

UPDATED: 5/25/16 4:20 pm ET - adds details

Airbag manufacturer Takata hired investment bank Lazard to lead efforts to seek new investment and help resolve financial issues stemming from its record-setting recall of tens of millions of inflators that can rupture, sources told Reuters today.

Google plans r&d center for self-driving cars in suburban Detroit

Google plans to open a 53,000-square-foot operation in suburban Detroit to conduct further r&d for the company's self-driving automotive technology.

Sign up for our morning newscast

Get up-to-date on the top stories of the day while you have your morning coffee.

Newsletters