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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50

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Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
car safety

Honda will pay $70 million in fines for not reporting car deaths, injuries

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January 8, 2015, 1:23 PM ET
800 Jobs Cut At Japanese Car Manufacturer Honda In Swindon
SWINDON, ENGLAND - JANUARY 11: The Honda logo is seen on a worker's Honda Civic parked in the car park at the Honda car assembly plant following the announcement that the firm is to axe 800 jobs on January 11, 2013 in Swindon, England. The Japanese car maker, which employs 3500 people and assembles the Civic, Jazz and CR-V models at the Wiltshire plant, blames weak demand in the Eurozone for the cuts. (Photo by Matt Cardy/Getty Images)Photograph by Matt Cardy — Getty Images

By Elvina Nawaguna

Honda Motor Co (HMC) has agreed to pay $70 million to the U.S. government in penalties for failing to report hundreds of injuries, deaths and other consumer claims involving its cars, transportation officials said on Thursday.

In November, Honda revealed that it had failed to report 1,729 cases involving deaths or injuries between July 2003 and June 2014. Eight of those incidences involved Takata Corp air bags that had ruptured and have been the subject of massive recalls and federal investigations.

Honda has been under investigation for violations of the National Highway Transportation Safety Administration’s Early Warning Reporting regulations. The rules require automakers to quickly report any information regarding possible defects, deaths and injuries or damage and warranty claims made by consumers.

Learn more up-to-date car news from Fortune’s video team:

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