Talk of the U.S. entering a recession has been swirling for at least a year now, as the Federal Reserve’s campaign to raise interest rates to combat persisting inflation bites into overall demand and investment.…
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Business
Honda recalls nearly 564,000 CR-Vs sold in 22 cold-weather states and D.C. over potential rust issue
Honda is recalling 563,711 older-model CR-Vs in 22 cold-weather states and Washington, D.C., because an accumulation of road salt can cause the vehicle’s rear trailing arm to corrode and detach, which could lead to a…
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Tesla assures its millions of electric car owners that their privacy “is and will always be enormously important to us.” The cameras it builds into vehicles to assist driving, it notes on its website, are…
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Business
PSSI, slaughterhouse cleaning firm fined for child labor, replaces CEO and launches $10 million fund to fight child labor
Packers Sanitation Services Inc. has appointed a new CEO amid fallout from a Labor Department investigation that found more than 100 children illegally working dangerous jobs for PSSI cleaning slaughterhouses in 13 locations across eight…
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Volkswagen of America announced Tuesday it is recalling more than 143,000 Atlas SUVs over a faulty front passenger seat detection system. According to the manufacturer, the wiring in some of the vehicles’ front passenger detection…
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Business
Taxpayers are getting less money from their refunds this year as the inflation struggle persists
The total amount refunded to taxpayers by the Internal Revenue Service to date this year is approximately $172 billion — $16.4 billion less than in in 2022, the latest data from the agency shows. That…
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Vince McMahon’s World Wrestling Entertainment has agreed to merge with UFC to form a new publicly traded company controlled by Endeavor Group, the companies announced Monday morning. Endeavor will own a 51% stake in the new combat sports…
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McDonald’s Corp is temporarily closing its U.S. offices this week as it prepares to inform corporate employees about its layoffs as part of a broader company restructuring, the Wall Street Journal reported Sunday. In an internal email…
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A San Francisco federal jury has ordered Tesla to pay $3 million in punitive damages and $175,000 in economic damages to Owen Diaz, a former elevator operator at the company’s factory in Fremont, California, after he endured…
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Business
DeSantis orders investigation into previous leadership of Disney’s special Florida district
Florida Gov. Ron DeSantis has ordered an investigation into the recent actions and the former leadership of Walt Disney World’s special planning district in the Orlando area — as Disney CEO Bob Iger called out…