Job cuts at Nike, Takata to file for bankruptcy, and Apple wants to keep your medical information.
Fri, 16 Jun 2017 10:41:49 +0000http://www.myhighplains.com/news/consumer-news-61617/7431302Job cuts at Nike, Takata to file for bankruptcy, and Apple wants to keep your medical information.http://chic.clipsyndicate.com/video/playlist/12939/6962457?cpt=8&wpid=2637KAMRnews...japanese airbag maker takata is planning to file for bankruptcy as soon as next week. takata has been working with u.s. auto part maker key safety systems... as it faces billions in liabilities over defective airbag inflators. sources close to the matter say any deal with key safety systems can't be reached before takata files for bankruptcy. earlier this year takata agreed to pay one-billion dollars to u.s. regulators, consumers and carmakers. the settlement included a 25- million dollar criminal fine, 125- million dollars in victim compensation and 850-million dollars to compensate automakers who suffered losses from massive recalls. (jasmine:) nike plans to cut jobs and reduce its product lines. nike says it'll cut some 14-hundred jobs... that's about two percent of its 70-thousand employees worldwide. the company will also reduce the number of sneaker and clothing styles it makes by 25 percent and focus on hot sellers... while introducing more selections for its remaining lines. nike says it also wants to sell more shoes directly to online customers. (jasmine:) apple wants your iphone to become a one-stop-shop for all your medical information. the company has been quietly working on creating an itunes for health data that would be a centralized management system for all things medical... everything from your medical records to your