- The plan to sell Takata (TKTDY) to a rescuer, slated by year-end, is likely to extend into next year as some bidders want to drag the company through bankruptcy to wipe out most of its debt, Reuters reports.
- The beleaguered air bag maker faces about ¥1T ($10B) in costs to recall inflators worldwide, according to market estimates, and there is also the prospect of legal liabilities related to at least 14 deaths.