Tokyo-based Takata formally pleaded guilty to fraud and will pay a billion-dollar fine to settle suits over its defective airbags, the Justice Department said.
YouTube on Monday said that a billion hours of video is being watched daily at the Google-owned online viewing venue in “big milestone” for the service.
President Donald Trump’s tough new immigration measures are sending shudders through the US farming industry, which largely employs a low-wage foreign workforce.
The number of mobile phone users globally will surpass five billion by the middle of this year, according to a study released Monday by GSMA, the association of mobile operators.
It’s goodbye for now to the grand Art Deco lobby and celebrities crossing paths en route to “The Towers” at the Waldorf Astoria: one of the world’s most luxurious hotels is closing for renovation.
Sri Lanka Monday vowed to honour government bonds of up to 1,780 billion rupees ($11.86 billion) even as the central bank admitted “procedural shortcomings” in state-issued securities.
The smartphone revolution is poised to go onto the next level — with “superphones” equipped with artificial intelligence now on the horizon.
Nearly half the environmental impact of a loaf of bread comes from the “unsustainable use” of fertilisers on wheat crops, researchers said Monday.
The London Stock Exchange’s merger with Deutsche Boerse appears to be “dead in the water”, a source close to the matter told AFP on Monday, after the LSE declared it would not meet an EU antitrust demand.
New orders for US manufactured goods rose in January after two straight months of declines, bolstered by a large monthly swing in aircraft orders, the Commerce Department reported Monday.
PricewaterhouseCoopers, the accounting firm responsible for tabulating Oscar ballots, apologized for an “error” in the announcement of the best picture award Sunday, admitting Warren Beatty and Faye Dunaway were handed the wrong envelope.