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WRAPUP 1-BMW, VW, Daimler recall vehicles in U.S. with Takata air bags

*Daimler takes charge of 340 million euros. FRANKFURT/ WASHINGTON, Feb 10- The three largest German automakers said they will recall 2.5 million vehicles in the United States equipped with Takata Corp air bags, the latest moves in a long-running safety crisis involving the Japanese automotive supplier. The vehicles to be recalled have Takata-made air bag...
Source: Reuters | By: Jan Schwartz and David Shepardson
VW, Audi, BMW recall nearly 1.7M vehicles in air bag mess

DETROIT— Volkswagen, Audi and BMW are recalling nearly 1.7 million vehicles with Takata air bag inflators that can rupture and hurl shrapnel into drivers and passengers. So far, VW, Audi, BMW, Daimler, Honda, Ford and Mazda have announced recalls in the latest round. On Wednesday, VW and Audi said they would recall a total of 850,000 vehicles in the U.S. from model years...
Source: The Associated Press
Backers urge powerful California coastal panel to keep exec

LOS ANGELES— The powerful agency that manages development on California's coastline considered whether to fire its chief executive Wednesday as it faced a packed room of sign-holding supporters who want him kept on the job. Hundreds of people filled a meeting room to capacity, with scores more outside, in what amounted to a striking show of support for Charles...
Source: The Associated Press
French ex-minister in court over tax fraud, money laundering

PARIS— Jerome Cahuzac was the face of France's fight against tax evaders— until he was forced to acknowledge that he himself was dodging taxes, hiding money in tax havens around the world. The 63- year-old is accused of financing a lavish lifestyle by fraudulently concealing 687,000 euros of income from French tax authorities in 2009-2012 and laundering money...
Source: The Associated Press
China probe says stored chemical caused Tianjin blasts

Twenty-five officials will face prosecution over the blasts on suspicion of dereliction of duty, abuse of power and bribery, the official Xinhua News Agency reported, citing the Supreme People's Procuratorate. An investigative team assembled by the State Council, China's Cabinet, said flames spread among stocks of nitrocellulose, a flammable compound used...
Source: The Associated Press
Callaway reports 4Q loss

CARLSBAD, Calif. _ Callaway Golf Co. on Thursday reported a loss of $30.5 million in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 36 cents per share. Five analysts surveyed by Zacks expected $148.2 million.
Source: The Associated Press
VW submits fix for 3.0-liter diesels to California officials

LOS ANGELES— The Volkswagen Group of America submitted its proposal Tuesday to bring Porsches, Audis and Volkswagen cars with six-cylinder, 3.0- liter diesel engines up to California's air quality standards after state regulators found the vehicles were programmed to emit cleaner emissions on government treadmill tests than on the real road.
Source: The Associated Press
A monetary 'magician' of dirty tricks in ABC drama 'Madoff'

NEW YORK— Don't look to Richard Dreyfuss to defend Bernie Madoff. Then he cites another object of his scorn he did portray— former vice president Dick Cheney in the 2008 feature "W." People forget that inside everyone is a bit of Dick Cheney, and as an actor you find those little moments when you've been a little bit Cheney.
Source: The Associated Press | By: By FRAZIER MOORE, AP Television Writer
Trump: They debated. We raised $6M for vets

Two veterans groups say they will be accept money raised by Donald Trump's campaign rally, but other vet organizations said were not so sure.
Source: CNBC.com | By: Eamon Javers
Boston-area real estate developer convicted of insider trading

Jan 28- A Boston- area real estate developer was found guilty on Thursday of engaging in insider trading based on a tip about a merger a bank executive passed him on cocktail napkin over drinks at a country club. Robert Bray, 78, was convicted by a federal jury in Boston on one count of securities fraud for illegally trading on a tip in 2010 that Eastern Bank Corp would...
Source: Reuters