Takata would stop making air-bag inflators after bankruptcy, recall: sources

Japan's Takata Corp (7312.T), facing bankruptcy over the biggest recall in automotive history, would stop making air-bag inflators when the global recall is completed, under a plan its steering committee and other major players are considering, sources told Reuters on Friday.

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J. Crew clinches key lender support for debt deal: sources

Fashion retailer J. Crew Group Inc has won the support of more than 50 percent of its term loan holders for a deal to trim its $2 billion debt load and end intellectual property litigation, people familiar with the matter said Friday.

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Fiat Chrysler CEO says 2018 targets unaffected by diesel troubles

Fiat Chrysler Automobiles (FCA) (FCHA.MI) does not expect its diesel problems in the United States to have an impact on its short-term business targets to 2018, Chief Executive Sergio Marchionne said on Friday.

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GM to open manufacturing facility in Arlington, add new jobs

U.S. automaker General Motors Co (GM.N) said on Friday it plans to open a manufacturing facility for its suppliers at its Arlington assembly plant in Texas, adding more than 850 new jobs.

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ESPN announces executive reorganization

Walt Disney Co's (DIS.N) ESPN has reorganized its top executives, promoting Connor Schell to oversee all of its content creation across digital, TV and print, ESPN President John Skipper said on Friday.

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Yellen says Fed to give banks more details on stress tests

The Federal Reserve will give banks more details on how it conducts annual stress tests, including the qualitative part of the tests, when it publishes the results later this month, Chair Janet Yellen said Friday in a letter to Congress.

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Wall St. falls as Amazon-Whole Foods deal crushes retailers

U.S. stocks mostly edged lower on Friday as Amazon.com's $13.7 billion deal to buy upscale grocer Whole Foods roiled the retail sector and wounded shares of an array of companies including Wal-Mart and Target.

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