Retail

Takata hires financial adviser to mull restructuring options

UPDATED: 5/25/16 6:29 pm ET - adds company statement

Takata hired investment bank Lazard to lead efforts to seek new investment and help resolve financial issues stemming from its record-setting recall of tens of millions of airbag inflators that can rupture.

North Carolina denies Tesla a dealership license

North Carolina denied Tesla Motors' bid to attain a second dealership license in the state, saying the automaker must go through a third-party

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