The Japanese auto maker will drop Takata, the airbag maker involved in a global safety scandal, for rival Toyoda Gosei when it produces its new Accord for the North American market, according to Reuters. The Accord is Honda’s best-selling vehicle; the switch caused Takata shares to fall as much as 6.6% in early trading (paywall).
January 25, 2015
The US and India make progress on their nuclear deal.
US president Barack Obama and Indian prime minister Narendra Modi announced that they had removed obstacles to US investment in India’s nuclear energy development, a step toward delivering on the promise of a landmark 2008 agreement. Modi also signaled that India is moving toward joining an international deal on global warming.
January 25, 2015
Boko Haram attacks the Nigerian city of Maiduguri.
Clashes with the Islamist militant group are reported at the outskirts of the city, home to tens of thousands of people who have fled previous Boko Haram attacks. A curfew has been imposed and Nigerian air strikes are underway, the BBC reports, but the military is keeping a low profile on the ground.
Undeclared presidential hopefuls—including past candidates Rick Santorum, Mike Huckabee, Rick Perry, and Sarah Palin, and rising stars Scott Walker, Chris Christie, and Ted Cruz—courted Christian conservatives in Iowa. Meanwhile, a private gathering of wealthy conservative political donors hosted by the influential brothers Charles and David Koch is underway in Florida.
January 24, 2015
Chart of the Moment
The nine most important economic charts of the week
The WHO will run out of money to fight Ebola next month.
A senior World Health Organization official says about $260 million is needed for the fight against the Ebola virus to continue for another six months. Given the current pace of progress, the disease could be “stopped in a best case scenario” in just four or five months.
7 hours ago
GMO mosquitoes may be released in Florida.
If British researchers get approval for their plan, millions of genetically modified mosquitoes could be released in the Florida Keys to combat the viral diseases dengue and chikungunya. The modified insects would mate with pesticide-resistant disease-carrying mosquitos, but their larvae would die. More than 130,000 people have signed a petition against the experiment.