Bhopal Still Haunts Union Carbide 30 Years Later

Morning Money Memo…

Indian residents and Bhopal Gas disaster survivors lit up a banner of Union Carbide as they commemorate the 30th anniversary of the disaster in Bhopal, India, Dec. 3, 2014. STR/AFP/Getty Images

Thirty years ago today lethal gas swept through the Indian city of Bhopal, which remains haunted by memories of the world's worst industrial disaster. Hundreds of survivors of the gas leak from the Union Carbide plant took to the streets today, chanting slogans and carrying placards demanding harsher punishments for those responsible and more compensation for the victims. On the morning of Dec. 3, 1984, the pesticide plant leaked about 40 tons of deadly methyl isocyanate gas into the air in Bhopal, quickly killing about 4,000 people.

Why is the Japanese airbag manufacturer Takata resisting calls for a nationwide recall of defective products linked to at least five deaths? Members of Congress want to know. Takata let a midnight deadline pass without action after federal government regulators demanded an expanded recall that already involves 11 million cars. Takata executives face questions at a House hearing today. "NHTSA has received Takata's disappointing response to our demand for a national recall of certain driver's side airbags," says a government statement. "Takata shares responsibility for keeping drivers safe and we believe anything short of a national recall does not live up to that responsibility."

Hershey is looking at replacing the high-fructose corn syrup in some of its products with sugar. Will Papa, chief research and development officer at Hershey, tells The Associated Press the company uses a mix of sugar and high-fructose corn syrup in its products but that it is "moving more toward sugar." A switch to sugar would make Hershey a high-profile example of the move away from high-fructose corn syrup in the food industry

The sales numbers for the auto industry are in and this was the strongest November in years. Subaru and Chrysler report the largest sales gains in November - up about 20 percent compared with last year. Small SUVs were the biggest winners. GM, Toyota, Honda and Volkswagen also had sales gains. There were sSmall declines at Ford, Hyundai and Nissan.

A Santa Claus rally on Wall Street? It was another record close for the Dow Jones index and S&P 500. The Dow rose 103 points Tuesday and futures rose slightly this morning. Japanese and Chinese stocks closed up overnight.

Richard Davies Business Correspondent ABC News Radio abcnews.com Twitter: daviesnow