Information Technology

Buick to drop Verano after short 2017 run

The Buick Verano will stay in production for an abbreviated 2017 model year before being phased out this fall. The move spotlights how automakers are rethinking product portfolios amid what many executives and analysts believe is a permanent shift toward crossovers and SUVs.

Takata hires financial adviser to mull restructuring options
UPDATED: 5/25/16 6:29 pm ET - adds company statement

Takata hired investment bank Lazard to lead efforts to seek new investment and help resolve financial issues stemming from its record-setting recall

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