Thursday, October 27, 2016
Subaru recalls 4 models; turbo air pump can catch fire
DETROIT
Subaru is recalling more than 100,000 of its top-selling models in the U.S. because a turbocharger air pump can run continuously, overheat and could cause fires.
The recall covers certain 2007 to 2009 Legacy and Outback vehicles, some 2008 to 2014 Imprezas and certain 2009 to 2013 Foresters. All the cars and SUVs have turbocharged engines. Subaru says in government documents that a relay controlling a secondary air injection pump can fail, causing the pump to run continuously. If it overheats, it can melt and catch fire.
The company reported two fires in government documents but says it has no reports of any injuries.
Ford recalls nearly 412K SUVs to fix fuel leaks
DETROIT
Ford is recalling nearly 412,000 older SUVs worldwide to fix fuel leaks that could cause fires.
The recall covers certain 2010 to 2012 Ford Escapes and 2010 to 2011 Mercury Mariners with 3-liter flex-fuel V6 engines.
Ford says a fuel supply part can develop a crack and leak gasoline that could catch fire. A company statement says it’s not aware of any accidents, fires or injuries caused by the problem. Most of the recalled SUVs are in North America.
Toyota adds 5.8M vehicles to global Takata recall total
DETROIT
Toyota is recalling about 5.8 million vehicles in Japan, Europe, China and other countries to replace potentially deadly Takata air bag inflators.
The company says it knows of one person injured in a crash involving one of the vehicles, but a spokesman didn’t know where the crash happened. Toyota says it hasn’t determined if the injury was caused by a ruptured inflator.
The vehicles have inflators that can rupture and spew shrapnel. U.S. vehicles with the same inflators are already under recall.
Report: Women won’t earn as much as men for 170 years
GENEVA
The global gap in earnings between men and women will not be closed for another 170 years if current trends continue, according to a new report from the World Economic Forum.
The Switzerland-based forum’s annual Global Gender Gap Report, released Tuesday, lists economics and health as the most challenging disparities between men and women worldwide.
Of the economic divide, the report says that “at the current rate of change, and given the widening economic gender gap since last year, it will not be closed for another 170 years.”
The report has more positive findings when it comes to the gender gap on educational attainment, which it says “could be reduced to parity within the next 10 years.”
The widest gap between the sexes, according to the survey, is in political empowerment.
Associated Press
Selected local stocks
STOCK, DIVIDENDCLOSECHANGE
Alcoa Inc., .1227.770.48
Aqua America, .71 29.83-0.07
Avalon Holdings,2.850.05
Community Health Sys. 10.03 -0.20
Cortland Bancorp, .2815.830.33
Farmers Nat., .1610.840.01
First Energy, 1.44 33.960.34
Fifth/Third, .5221.670.39
FirstMerit Corp.,21.610.37First Niles Financial, .1211.000.00
FNB Corp., .4813.100.03
General Motors, 1.5231.58-0.02
General Electric, .9228.870.22
Huntington Bank, .28 10.700.51
iHeartMedia Inc.,1.400.12JP Morgan Chase, 1.9269.130.33
Key Corp, .3414.180.31
LaFarge, .340.000.00%
Macy’s, 1.51 35.950.02Parker Hannifin, 2.52 121.840.49
PNC, 2.2094.281.14
Simon Prop. Grp., 6.60188.38-8.89
Stoneridge 18.230.17
Talmer Bank, 23.34-0.36
United Comm. Fin., .12 7.370.01
Selected prices from Wednesday’s 4 p.m. close.