UPDATE 2-Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor
* Honda says no final agreement on recall liabilities (Recasts and writes through with filing details, Honda comment)
* Futures: Dow down 2 pts, S&P down 0.25 pts, Nasdaq up 0.25 pts
By Yashaswini Swamynathan
Feb 14 U.S. stock index futures were flat on Tuesday, a day after Wall Street hit record highs and ahead of a speech by Federal Reserve Chair Janet Yellen, which will be scrutinized for the central bank's plan on the timing of interest rate hikes.
* While President Donald Trump's pro-business stance sparked a record-setting rally in equities, he has given scant detail on his policies, giving the Fed limited visibility on the direction of the economy.
* The central bank in December projected three rate hikes this year.
* Currently, traders have priced in a mere 17 percent chance of a rate move in March, despite a spate of strong economic data including a robust labor market and improving inflation.
* Yellen gives a semiannual testimony before the Senate Banking Committee at 10:00 a.m. ET (1500 GMT) in Washington, facing lawmakers for the first time since Republicans won control of both houses of Congress and the presidency.
* Trump vowed last Thursday to make a major tax announcement soon, but gave no details. Still, that was enough for investors to reignite the "Trump trade", which culminated on Monday with the S&P 500 topping $20 trillion for the first time ever.
* However, the dollar slipped on Tuesday after Trump's national security adviser Michael Flynn quit over allegations of having contact with Russian officials.
* Shares of General Motors rose 3.4 percent to $36.74 premarket after Reuters reported Peugeot-owner PSA Group in talks to combine with GM's European Opel business. Shares of Fiat and Ford also rose.
* Gilead was up 0.95 percent after the drugmaker presented positive findings for an experimental HIV drug.
* A report on the producer price index for January is expected at 8:30 a.m. ET.
Futures snapshot at 6:59 a.m. ET:
* Dow e-minis were down 2 points, or 0.01 percent, with 15,157 contracts changing hands.
* S&P 500 e-minis were down 0.25 points, or 0.01 percent, with 69,054 contracts traded.
* Nasdaq 100 e-minis were up 0.25 points, or 0 percent, on volume of 13,969 contracts. (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Savio D'Souza)
* may not be able to recover 570 billion yen ($5.12 billion) worth of recall costs from Takata Corp
June 25 Music streaming service Pandora Media Inc's founder and chief executive, Tim Westergren, plans to step down, Recode reported citing people familiar with the company's plans.