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Ford Motor Co. is recalling 31,867 vehicles in the U.S. and Canada because their driver’s side air bags may not inflate properly. The recall affects the 2016-2017 Ford Edge, the 2016-2017 Lincoln MKX and the 2017 Lincoln Continental. Most are in the U.S. but 4,336 are in Canada. The air ...

Following cases of false reporting by domestic automakers, the government Friday signed off on a bill to toughen the punishment for fuel-data falsification by automakers, including a drastic increase in fines. The bill, which the government hopes to see passed during the ongoing Diet session, seeks to impose fines of ...

Nintendo’s Switch console went on sale Friday in a global launch seen as key for the video game giant to reverse flagging sales and compete with Sony’s top-selling PlayStation 4. The $299 unit, which works both at home and on the go, blends the Mario-maker’s history in the console business ...

The man who last year made global headlines by claiming to be Satoshi Nakamoto, the creator of bitcoin, is working with a fugitive online gambling entrepreneur to file scores of patents relating to the digital currency and its underlying technology, blockchain. Craig Wright, the Australian computer scientist who made the ...

Japanese consumer prices picked up in January for the first time in almost a year, government data showed Friday, halting a long string of declines as Tokyo struggles to put deflation in the rear view mirror. A key inflation index, which excludes the volatile cost of fresh food, rose 0.1 ...

The U.S. Travel Association on Thursday said the Trump administration’s immigration policies are hurting tourism. The nonprofit industry organization said in a statement that there are “mounting signs” of “a broad chilling effect on demand for international travel to the United States.” White House spokeswoman Lindsay Walters disputed the contention, ...

A senior Senate Democrat is asking the U.S. Treasury Department to evaluate whether President Donald Trump and his family’s business associates and possible investors from Russia and other countries have violated U.S. laws against financing terrorism, money laundering and other illicit activities. Trump’s refusal to jettison or disclose investments that ...

There is the Naira’s new strength coming from? The Central Bank of Nigeria (CBN) said yesterday that the currency’s appreciation against others  was the result of its market monitoring and intervention. Its spokesman  Isaac Okorafor refuted the claim that illegal sale of foreign currencies at ridiculous rates was responsible for ...

The House of Representatives, on Thursday expressed worry over the high cost of fees being collected from students by the Nigerian Law School. It, therefore, mandated its Committees on Justice; Tertiary Education and Services, and Finance to interface with the Director-General of Nigerian Law School and other stakeholders on the ...

The Nigerian Deposit Insurance Corporation (NDIC) yesterday disclosed that social media estimate showed three million Nigerians had lost N18 billion in the Phonzi scheme, popularly called Mavrodi Mundial Movement (MMM). The managing director of the Corporation, Alhaji Umaru Ibrahim gave the hint, while speaking during the NDIC day at the ...