Honda Motor Co (7267.T) said on Thursday its president and 12 other executives would take an unprecedented pay cut after the Japanese automaker announced the fifth recall in a year of its new Fit model.
The U.S. Department of Homeland Security is investigating about two dozen cases of suspected cybersecurity flaws in medical devices and hospital equipment that officials fear could be exploited by hackers, a senior official at the agency told Reuters.
European rules to cap bankers' bonuses at twice fixed pay are "a retrograde step" that could add to difficulty in recruiting staff to the industry, the head of Europe's biggest bank HSBC said on Tuesday.
The director of the office of municipal securities at the Securities and Exchange Commission, John Cross, will leave his post in November to return to the U.S. Treasury Office of Tax Policy, the agency said on Tuesday.
