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Circuit judge refuses to dismiss Beef Products' $1.2B 'pink slime' defamation suit against ABC

ELK POINT, S.D. - A circuit judge has refused to throw out a defamation lawsuit against ABC related to its coverage of a meat product called lean, finely textured beef, which critics have dubbed "pink slime." Beef Products Inc. sued the television network in 2012 seeking $1.2 billion in damages. Dakota Dunes-based BPI says ABC's coverage led to the closure of three plants and roughly 700 layoffs by misleading consumers into believing the product is unsafe.

Eurostar services disrupted after lightning sparks fire

Eurostar train services suffered severe delays on Thursday after a lightning strike sparked a fire on the English side of the Channel Tunnel. According to Eurostar's official Twitter page, the line lost overhead electrical power near Ashford, south east England, after lightning struck a transformer. It initially said that four trains -- two from Paris, one from London, and another from Brussels -- were heading back to their points of departure. But in a later update, the service said London-bound trains would continue to their destination.

Alstom shares sink on risk of fine in U.S. bribery probe

By Natalie Huet and Aruna Viswanatha PARIS/WASHINGTON (Reuters) - Alstom shares fell sharply on investors' fears that the French engineering firm could face a heavy fine from the U.S. Justice Department as a result of a bribery investigation that has spread across Asia. Alstom is cooperating with the investigation and it is premature to speculate on its findings or how big any possible settlement could be, a company spokeswoman said on Thursday. A spokesman for the Justice Department (DOJ) declined to comment.

Toyota recalling 119,000 Avalon sedans from 2003-2004 model years for air bag defect

TORRANCE, Calif. - Toyota is recalling 119,000 Avalon sedans from the 2003 and 2004 model years because their air bags could deploy inadvertently. The company says circuits within the air bag control module can be damaged if they're exposed to interference from other electrical components in the car. The defect can also cause the seat belt pretensioners to tighten without warning. Toyota says it knows of one minor injury related to the defect, but no accidents.

Enterprise buying Toronto's AutoShare car-sharing group; price not disclosed

TORONTO - Car rental operator Enterprise Holdings is buying Toronto's AutoShare CarSharing Network Inc. The purchase price for AutoShare, Toronto's first car-sharing organization established in 1998, was not disclosed in Wednesday's announcement. It reportedly has 12,000 members in the Toronto area. Enterprise, through its regional subsidiaries, is best known for its flagship Enterprise Rent-A-Car brand as well as the National Car Rental and Alamo Rent A Car brands.

Report into fatal train-van crash calls for better warning system at crossings

BROADVIEW, Sask. - A report into a deadly crash between a train and a camper van warns the risk of such accidents remains until better warning systems are required at railway crossings without bells, lights and gates. The Transportation Safety Board report is based on an investigation into a collision that killed four people in Broadview, Sask., in broad daylight in August 2012.

Brazil charges 30 executives, some from Bombardier, with price fixing

SAO PAULO - Prosecutors in Brazil have charged executives from a dozen international companies, including Montreal-based Bombardier (TSX:BBD.B), with forming a cartel to raise prices for the construction and upkeep of subway and train systems in Sao Paulo. The press office of the Sao Paulo State Prosecutor's Office said Tuesday that 30 executives of the companies involve had been charged. Names of the accused were not immediately available.

Race is on in Germany's newly open long-distance bus market

Cheaper than taking a train or a plane and more relaxing than driving, the long-distance bus is becoming the travel mode of choice for many Germans after the market opened up last year. Since the regional coach market was liberalised in January 2013, a plethora of operators has hit the road to win a slice of the hotly-contested sector. Bright yellow, apple green or electric blue, shiny new coaches in garish colours now compete for attention and market share as they criss-cross Europe's most populous country.

U.S. regulators failed to spot deadly GM defects that others saw

By Julia Edwards, Eric Beech and Karl Plume WASHINGTON/CHICAGO (Reuters) - Retired Wisconsin state trooper Keith Young and his wife were sitting at the kitchen table last month when a story on the evening news jarred them: General Motors Co was recalling 1.6 million vehicles for faulty ignition switches. Young said the couple turned to each other immediately. "That's just like that crash over in St. Croix County in 2006," they said.

Brazil investigates transport cartel allegations

Brazil's anti-monopolies commission on Thursday said it had begun investigating allegations that transport providers, including several large international firms, had operated a price-rigging cartel for 15 years in major cities. "Eighteen firms and 109 employees in the companies are accused of participating in illicit" price-fixing, said the Administrative Council for Economic Defense (CADE), an offshoot of the justice ministry responsible for probing anti-trust cases.
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