Industry
Honda recalls 22,000 Shadow motorcycles due to faulty bank angle sensor
Honda recalls 22,142 Shadow motorcycles modelled from 2010 to 2015 due to unsafe position of bank angle sensor and joint connector wires.
Brent Crude plunges below $30, Lowest Since 2004
Brent oil prices fell on Wednesday, dropping below $30 a barrel to touch $29.96 for the first time since April 2, 2004.
North Dakota oil riggers lower drilling activity as oil further slid
The lower oil prices are forcing rig operators to reduce their activity in North Dakota. The number oil rigs operational fell to 49 indicating the lowest since August 2009. The number of oil rigs is expected to further drop to 30 this year. There're concerns over possible bankruptcies following the decline in oil drilling North Dakota.
Airbus Ventures' 1st investment takes off
Airbus Group's corporate venture capital fund Airbus Ventures has announced its first investment that was extended to a Phoenix-based Local Motors Inc. Airbus Ventures is keen on startups in the aviation industry that support Airbus business strategy. Local Motors Inc develops open source designs for building cars, helicopters and airplanes.