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GM Must Recall 6M Trucks, SUVs

  • Written by Newser
The US is making General Motors recall and repair nearly 6 million big pickup trucks and SUVs equipped with potentially dangerous Takata air bag inflators, per the AP . The decision announced Monday by the National Highway Traffic Safety Administration will cost the automaker an estimated $1.2 billion, about one-third......

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Guitar Center Files for Bankruptcy

  • Written by Newser
The Guitar Center filed for Chapter 11 bankruptcy Saturday as yet another US retailer revealed its pandemic financial woes, Reuters reports. In a bankruptcy filing , the 61-year-old company said it plans to stay afloat with up to $165 million in fresh equity investments and a debt reduction of nearly $800......

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