China’s market regulator said Tesla Inc. will fix software in more than 1 million vehicles to reduce the chance of accidents, the regulator said on Friday. The action is described as…
Editor’s Pick
The pandemic emergency is over, but Covid’s impact on the labor force is set to last
After a three-year national health emergency, over 1.1 million Covid deaths, a wave of retirements and high inflation, the U.S. labor force is smaller and tighter than before the pandemic.…
Social Security advocates brace for U.S. debt default: Seniors should ‘be prepared’
With the odds of a U.S. debt default increasing, Social Security advocates warn beneficiaries they should be prepared in case their payments are interrupted. Negotiations around whether the nation’s ability…
Peloton is recalling 2 million exercise bicycles over safety concerns, the second major recall the fitness company has faced. The Consumer Product Safety Commission said in a release Thursday that…
If you sat out last summer’s overcrowded, overpriced, booked-solid travel season in hope of cheaper and easier getaways this year, you may be out of luck. Sixty-three percent of U.S.…
Peloton is recalling 2 million exercise bicycles over safety concerns, the second major recall the fitness company has faced. According to a Thursday release by the Consumer Product Safety Commission,…
Layoffs will be hitting 25% of employees across the Showtime, MTV Entertainment Studios and Paramount Media Networks groups in the U.S. Tuesday, following months of internal deliberations about integration amid Showtime’s rebranding into Paramount+…
HSBC downgrades Anheuser-Busch InBev as it deals with a ‘Bud Light crisis’
It’s time to step to the sidelines on Anheuser-Busch InBev as it deals with a “Bud Light crisis,” according to HSBC. Analyst Carlos Laboy downgraded the beverage stock to hold, saying there…
Consumer prices climbed 4.9% in April — the first time annual inflation has landed below 5% in two years. On a monthly basis, the inflation rate rose 0.4%, which was…
Tempur Sealy International said on Tuesday it would buy retailer Mattress Firm in a cash-and-stock deal valued at about $4 billion, as the leading U.S. bedding maker looks to stem a…