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Exclusive: Honda Expects To Expand Takata Airbag Recall By More Than 1 Million Cars
Honda Motor Co expects to recall more than 1 million more vehicles with potentially defective air bags, expanding a massive, multi-company air bag recall, according to a person with knowledge of the matter. The recall involves faulty air bag inflators supplied by Takata Corp and would follow a similar move this week by Toyota Motor Corp. The Honda recall should be announced by the end of June. The number of vehicles it could recall is likely to exceed the 1.135 million vehicles Honda called back globally last year.
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Huckabee Willing To Give Up New Wealth For 2016 Run
Former Arkansas Gov. Mike Huckabee said Monday he hasn’t yet decided whether he will mount another campaign for president, but is willing to give up his steady stream of wealth to do it. “You know, if I have to, you do,” Huckabee said over coffee with a handful of political reporters. “That’s part of the consideration.” His post-2008 lucrative career in radio and television is believed to have factored in his decision not to run in 2012. Huckabee said he’s still deciding about 2016. “I have not made a decision about whether I’m going to run or not,” he said. He acknowledged that he has much more money in the bank now than he did when he first ran for president in 2008.
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Arizona Dems Fly Mexican Flag
Volunteers for Arizona’s Democratic nominee for governor and sitting congressman flew a Mexican flag — and only a Mexican flag — on their parade float over the weekend. Sonoran Alliance tweeted an image of the float in a Mexican holiday parade Saturday, which features banners in support of Rep. Ann Kirkpatrick and Democratic candidate for governor Fred DuVall, and a Mexican flag.
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Why Investors May Get A Rude Awakening: Siegel
As the Federal Reserve began its two-day policy meeting, longtime stock market bull Jeremy Siegel said Tuesday stocks could be in for a rough ride in the next week or so as investors come to realize that the market is a "little behind the curve" on interest rates. The Wharton School professor added in an interview on CNBC's " Squawk Box that in the long-run, stocks should continue their march higher. Siegel said, "If you look at the Fed Funds futures market, they are below the rates the Federal Open Market Committee members believe are going to prevail at the end of the 2015 and 2016."
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Hunger Is Falling, But Climate And Conflict Threaten Progress: Report
Land redistribution in Brazil, community gardens in Indonesia, and rising incomes across much of the developing world have helped end hunger for 100 million people in the last decade, new research shows. According to The State of Food Security in the World 2014, a United Nations report released on Tuesday in Rome, globally, an estimated 209 million fewer people face chronic undernourishment today compared to 1990. Ertharin Cousin, executive director of the World Food Program, told reporters, "There has been real progress. But we can't celebrate yet" as more than 800 million people worldwide still don't have enough to eat."
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Boxer Gerald Washington Arrested In Burbank
TMZ Sports has learned that boxing phenom Gerald Washington was arrested in Burbank, CAlifornia late Monday night. Washington -- a former tight end at USC -- is 14-0 in the ring, but last night, the 32-year-old found himself in handcuffs after a routine traffic stop went south. Law enforcement sources say cops noticed Washington's Chevy truck was "straddling the lines" just before midnight, and had expired tags as well, so they pulled him over.
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ECB Invites Banks To Tap New Funds It Hopes Will Pep Up Euro Zone
The European Central Bank invited banks on Tuesday to bid for a fresh round of long-term loans it hopes will stimulate lending to businesses and reinvigorate the euro zone economy--but which may see only modest take-up. The program is a key plank of ECB efforts to stave off the threat of deflation and breathe life into the euro zone economy, which stagnated in the second quarter. At 0.3 percent, inflation is running well below the ECB target of just under 2 percent.
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Pilot Strike Forces Air France To Cancel Over Half Of Flights
A pilots strike at Air France entered its second day on Tuesday, with the two sides appearing no closer to resolving a dispute over cost cuts that has forced the airline to cancel 60 percent of flights. The pilots are carrying out a week-long strike over Air France's plans to expand the low-cost operations of its Transavia brand by setting up foreign bases as it seeks to fight back against fierce competition from budget carriers. The airline said it expected to operate "at least 40 percent of its flights" on Wednesday, based on three-fifths of pilots walking out, as management prepared to hold further talks with unions later on Tuesday.
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MTV EMA Nominations: Katy Perry Tops The List
Katy Perry is no "Dark Horse!" The 29-year-ol pop star earned seven MTV EMA nominations, more than any other artist or group. Ariana Grande trailed behind with six, while Pharrell Williams and 5 Seconds of Summer scored five nods. Iggy Azalea, Eminem, Nicki Minaj, One Direction and Sam Smith earned four nominations apiece. Voting in all categories is open at mtvema.com until Nov. 8. The MTV EMAs will air live the following day at 7 p.m. ET from SSE Hydro in Glasgow, Scotland, following a pre-show special in Miami, Fla. The 2013 MTV EMA pre-show was broadcast from New York City and hosted by Glee's Darren Criss, Cher Lloyd and Andrew Schulz. It featured performances by Jason Derulo, Fall Out Boy and Austin Mahone.
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Hagel, Dempsey Defend Obama Military Strategy
The nation's top military leader says strikes against Islamic extremists in Syria will be persistent and sustainable as President Barack Obama expands the military campaign to combat the terrorist threat. Martin Dempsey, the chairman of the Joint Chiefs of Staff, told a Senate panel on Tuesday that the airstrikes will not resemble the "shock and awe" bombardment of the Iraq war that began in March 2003. Dempsey said the Islamic State militant group is not organized.