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Counterfeit Airbags Pose Surprise Hazard To Motorists

The federal government is going to warn consumers of a small but dangerous chance of counterfeit airbags. These were sold during the past three years and would have been installed at independent auto repair shops.
NPR

Wells Fargo Sued Over Bad Mortgage Investements

The U.S. Attorney's office in New York alleges the bank approved hundreds of millions of dollars in bad housing loans during the 10-year period leading up to the financial crisis. Wells Fargo insists it complied with all federal regulations and it said it would vigorously contest the charges.
NPR

Showbiz Daily 'Variety' Sold To Penske Media

Penske Media bought the 107-year-old magazine for $25 million. Unlike its longtime competitor, The Hollywood Reporter, Variety has had trouble making the switch to digital media.
NPR

California's Gas Prices Begin To Stabilize

Motorists should be seeing some relief from the recent record spike in gas prices. The average price for a gallon of regular unleaded hit $4.67, according to AAA. That price hike sent elected officials scrambling. Some are calling for a federal investigation, while others are taking emergency steps to increase supply.
NPR

Chicago Mayor Emanuel To Present Proposed Budget

Chicago continues to wrestle with a massive budget gap and severely underfunded pensions. Fresh off a negotiating tussle with the city's teachers and a school strike, Chicago Mayor Rahm Emanuel on Wednesday presents his proposed 2013 budget to the City Council.
NPR

Virgin's Richard Branson Bares His Business 'Secrets'

Branson dropped out of school at 15, but by 16 he had his own magazine, and by 21 he had opened his first business — Virgin Records. Today, he's the head of a global business empire. In Like a Virgin, Branson shares the story of his success.
NPR

Jack Welch Says He Was 'Right About That Strange Jobs Report'

The former General Electric CEO joined others in raising questions about Friday's report and whether it might have been skewed to boost the president's campaign. Obama administration officials have rejected such talk. But Welch is still asking questions.

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