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The owner of a chain of gas stations located in Delaware and Maryland has paid $2,889,351 to the U.S. in settlement of a federal lawsuit filed to undo the owner’s fraudulent transfer of assets just prior to agreeing to pay a court sanctioned $2 million penalty for violating underground fuel tank regulations.

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A system proposed by researchers at MIT recycles materials from discarded car batteries into new, long-lasting solar panels that provide emissions-free power.

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Carmel, Indiana-based KAR Auction Services, Inc., a provider of used vehicle auction services, disclosed that its business unit ADESA has acquired a 50 percent stake in Toronto-based Nth Gen Software Inc. (TradeRev) and its online vehicle remarketing system, TradeRev.

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by MIKE BRESLIN

No one disputes the fact that airbags are one of the most important safety innovations to protect passengers during a crash by instantaneously inflating when a serious accident occurs. Frontal airbags have been required in all new passenger vehicles since 1999.

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