China orders recall of 1.1M Teslas to fix accelerator pedal problem that raises crash risk
Chinese safety regulators have ordered Tesla to recall 1.1 million vehicles because drivers might step on the accelerator for too long, increasing the risk of a crash
2023-05-12 23:54
Race teams ask NASCAR for ‘meaningful’ talks as their business model dispute skids toward summer
The fight between NASCAR and its teams over a new revenue model led the owners of 16 organizations to send a letter to NASCAR’s board of directors asking for “meaningful dialog” regarding the franchise model system
2023-05-12 23:53
Biden nominates the first Latino to the Federal Reserve
President Joe Biden on Friday nominated economist and World Bank official Adriana Kugler to join the Federal Reserve's powerful Board of Governors and Philip Jefferson to be the central bank's vice chair.
2023-05-12 23:52
US Chamber of Commerce sues securities regulator over new share buyback rule
By Chris Prentice NEW YORK A powerful U.S. business lobby group said it sued the Securities and Exchange
2023-05-12 23:25
Air Canada Beats Revenue Forecasts, Plans 23% Capacity Boost
Air Canada broke even in the first quarter, taking advantage of pent-up demand for travel and lower fuel
2023-05-12 23:22
Lawsuit Targeting Shell Board Over Climate Failures Thrown Out
A London judge dismissed a lawsuit accusing Shell Plc’s board members of failing to manage climate change risks.
2023-05-12 23:16
Top exec leaves NBCUniversal amid Twitter CEO reports
A top advertising executive stepped down from NBCUniversal on Friday and is understood to be first in line to become the next CEO of...
2023-05-12 22:56
US consumer sentiment drops to six-month low in May
WASHINGTON U.S. consumer sentiment slumped to a six-month low in May as a standoff to raise the federal
2023-05-12 22:46
BOE Chief Economist Says UK Inflation at ‘Turning Point’
Bank of England Chief Economist Huw Pill gave the clearest indication yet that officials think they might be
2023-05-12 22:27
US Consumer Long-Term Inflation Expectations Hit 12-Year High
US long-term inflation expectations unexpectedly accelerated in early May to a 12-year high and consumer sentiment soured, reflecting
2023-05-12 22:24
McDonald's found liable for hot Chicken McNugget that burned girl
A jury in Florida says McDonald’s and a franchise holder are fault after a hot Chicken McNugget from a Happy Meal fell on a little girl’s leg and caused second-degree burns
2023-05-12 22:18
New Twitter CEO may free Musk to steer Tesla through easing demand
By Akash Sriram (Reuters) -Elon Musk's selection of a new CEO for Twitter may remove a big distraction for the
2023-05-12 22:18