Just weeks before Florida Gov. Ron DeSantis announced a new, hand-picked board to take over Disney’s long-held special governing district in Orlando, the entertainment giant created a declaration that said…
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The National Highway Transportation Safety Administration has launched an investigation into seat belt parts on 2022 to 2023 Tesla Model X SUVs, after receiving two reports from owners that they…
Honda is recalling more than 330,000 vehicles because heating pads behind both side-view mirrors may not be bonded properly, which could lead to the mirror glass falling out and increase…
First Citizens Bank & Trust Co will buy Silicon Valley Bank’s deposits and loans, the U.S. Federal Deposit Insurance Corporation said Monday, just over two weeks after the biggest U.S. banking collapse since…
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Disney World strikes deal with union workers to raise the minimum wage to $18 an hour
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ORLANDO, Fla. — Unions for service workers at Walt Disney World reached a tentative deal with the company on Thursday that would raise the starting minimum wage from $15 to…
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Binance and founder Changpeng Zhao sued over accusations of trading rules violations
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The Commodity Futures and Trading Commission filed a complaint against crypto exchange Binance, its co-founder, Changpeng Zhao, and its former chief compliance officer, Samuel Lim, alleging that Binance actively solicited U.S.…
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Hyundai and Kia are recalling more than half a million vehicles because of fire risk
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DETROIT — Hyundai and Kia are telling the owners of more than 571,000 SUVs and minivans in the U.S. to park them outdoors because the tow hitch harnesses can catch…
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Fed raises interest rates by a quarter-point, keeping inflation in crosshairs
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The Federal Reserve is raising its key interest rate by 0.25%, continuing on its crusade against inflation while warning that recent instability in the banking sector could weigh on the…
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U.S. isn’t considering ‘blanket insurance’ for bank deposits, Yellen says
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WASHINGTON — Treasury Secretary Janet Yellen said on Wednesday that the Federal Deposit Insurance Corporation (FDIC) was not considering providing “blanket insurance” for banking deposits following the collapse of two…
DETROIT — The Chevrolet Camaro, for decades the dream car of many teenage American males, is going out of production. General Motors, which sells the brawny muscle car, said Wednesday…