Kobe Steel Scandal

Update:  The Kobe Steel scandal now expands to 500 customers from the original estimate of 200 including subsidiaries.  The subsidiaries are mainly position in Asia.  Three in China, one each in Thailand and Malaysia and four in Japan.  The company supplies metal components to industries where safety is vital including car, train and aircraft producers.

Original:  For anyone out there driving a Honda, Toyota, Subaru, GM, Nissan and  Kawasaki vehicle, or might be flying on a Boeing airplane. Listen up.

Kobe Steel , a leading Japanese steel producer announced early this week that it had falsified data relating … Continue

ESPN to broadcast F1 from 2018

FINALLY!!  ESPN announced Wednesday it is taking over exclusive U.S. broadcast rights for Formula One in a multi-year partnership that begins in 2018, replacing NBC Sports, which opted not to renew its contract. Starting with the Australian Grand Prix in March, all 21 F1 races will air live on either ESPN, ESPN2 or ABC, including every practice and qualifying session, totaling more than 125 hours of programming in the first season.

The move marks a return of sorts to the ESPN family, as affiliate network ABC broadcast the first F1 race in the U.S. in 1962 when it showed the … Continue