DETROIT (AP) — Scientists hired by the auto industry have determined that multiple factors — including moisture and high humidity — can cause some Takata air bags to inflate with too much force and hurl shrapnel at drivers and passengers.
The Independent Testing Coalition, which has been investigating the cause for the past year, announced its findings Tuesday afternoon.
Air bags made by Japan's Takata Corp. have caused at least 10 deaths and 139 injuries worldwide. Takata uses the chemical ammonium nitrate to create a small explosion and inflate the air bags in a crash.
The Virginia rocket science company Orbital ATK, which was hired by the coalition, determined that three factors, working together, can cause the air bags to explode with too much force...
also, visa ended their retirement plan. (employees get to keep what they had earned in it up to Dec 31st), that will save them 6% of all employees salaries going forward.
and visa might be processing in china before long. the company - visa - is prepared to start if china gives the word. how profitable this will be depends on what terms china insists upon. could be tremendously profitable, tho.
it's taking a break. good time to buy. they bought visa eu, and costco revenue is coming soon, and the world is steadily moving towards a much cashless society. applepay is just gaining steam, too. visa is a great long term stock. since the companies' inception, it has been a cash cow.
you certainly might be right. I guess i'm hoping for one of those days - which seems to me happens to UBNT not too infrequently (but I don't think has happened "lately") - where it just goes down and down, and ya wonder, VVTF?!??!????!
in the next couple months, so I can buy a wad. I have no UBNT, and am expecting a BIG qtr.
man, I gotta put you on 'ignore'. 175.00 tomorrow? get real...