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Takata Corp said on Tuesday it has hired Andrew Levander, a prominent New York defense lawyer, to oversee legal matters including a criminal probe stemming from a growing scandal about its defective air bags.

President Barack Obama, who has ordered a comprehensive review of U.S. policy governing efforts to free American hostages, still opposes the payment of ransoms, the White House said on Tuesday.

The trustee recovering money for Bernard Madoff's victims on Tuesday announced two agreements to recoup more than $145 million, boosting the total amount raised to nearly $10.5 billion.