Labor
UPDATED: 6/23/17 5:04 pm ET - adds detail, background

Honda engineer debunks own claim about cause of Takata airbag failures

Honda said an engineer who once suggested he knew a hidden truth about "the root cause" of Takata's defective airbags later indicated he was mistaken.

UPDATED: 6/14/17 11:35 pm ET - corrected

GM to cut jobs at international headquarters, report says

GM will slash headcount at its international headquarters in Singapore as part of efforts to reduce exposure to unprofitable and unpromising markets, Reuters reported.

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