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Honda reaches $5 million defective air bag settlement with Arizona

The settlement follows an $85 million settlement announced in August with nearly all other U.S. states. Arizona said the Honda settlement includes $1.65 million in restitution for state consumers, a $2.13 million repair incentive program, $750,000 for consumer outreach and a $500,000 payment to Arizona.

Faulty air bag inflators have been tied to at least 15 U.S. deaths in Honda vehicles.


Source: Economy - investing.com

Fed’s Brainard Urges More Fiscal Aid in Dark Warning on Outlook

Fed's Mester says further study needed of monetary policy's affect on financial stability