US wants a recall of 67 million airbag inflators, but the manufacturer disagrees
The National Highway Traffic Safety Administration is calling for an immediate recall of 67 million airbag inflators due to a dangerous defect, the agency said in a letter to ARC Automotive, a major manufacturer of the component. But the automotive supplier that made the component is disputing the need for it to conduct any sort of broad recall at all.
2023-05-13 08:29
Fed's Bullard: disinflation prospects 'good' but not guaranteed
PALO ALTO, Calif. St. Louis Federal Reserve Bank President James Bullard, an early and vocal supporter within the
2023-05-13 08:20
Fed's Jefferson, Biden's vice chair pick, says Fed 'on track'
PALO ALTO, Calif. The Federal Reserve is "on track" to doing what is necessary to meet the two
2023-05-13 08:20
Bank of Canada names longtime executive Mendes as deputy governor
By Ismail Shakil OTTAWA (Reuters) -The Bank of Canada (BoC) said on Friday it has picked longtime central bank executive
2023-05-13 08:15
Executive fired from TikTok's Chinese owner says Beijing had access to app data in termination suit
A former executive at TikTok’s parent company ByteDance accuses the tech giant of serving as a “propaganda tool” for the Chinese government
2023-05-13 07:52
Atlantic City casino can't live without a beach, so it's rebuilding one
What’s an ocean without a beach
2023-05-13 07:47
Soros Fund Management cut Tesla stake, added Netflix in 1st quarter
By David Randall NEW YORK Soros Fund Management, the family office of billionaire George Soros, slashed its stakes
2023-05-13 07:22
Judge sides with Ellison in Oracle shareholder suit over NetSuite acquisition
A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced the company into paying a grossly inflated price to acquire software corporation NetSuite
2023-05-13 07:21
G7 finance chiefs agree on scheme to diversify global supply chain - draft communique
NIIGATA, Japan Finance leaders of the Group of Seven (G7) advanced economies agreed to create a scheme to
2023-05-13 06:47
Exclusive: G7 summit statement to target China's 'economic coercion' - source
By Trevor Hunnicutt WASHINGTON Leaders of the Group of Seven (G7) countries are set to issue a statement
2023-05-13 06:45
Chinese Cash Flows Into Japan’s Struggling Hot Spring Resorts
A once-faded Japanese honeymoon hot spot is getting a new lease on life thanks in part to Chinese
2023-05-13 06:29
U.S. demands recall of 67 million air bag inflators
By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) demanded the recall of 67 million air bag
2023-05-13 06:24