WASHINGTON (Reuters) -Owners of some Hyundai and Kia SUVs that were recently recalled over fire risks should park them outdoors and away from homes until they are repaired, the U.S. Department of Transportation said on Tuesday. The South Korean automakers…
Economy
By Joseph White (Reuters) -Ford Motor Co said it will cut a total of 3,000 salaried and contract jobs, mostly in North America and India, as it restructures to catch up with Tesla Inc in the race to develop software-driven…
By Daniel Wiessner (Reuters) -A California administrative agency has declined to review Tesla Inc's claim that the state's civil rights watchdog suing the company for race bias at an assembly plant is rushing to sue businesses without conducting full investigations.…
By Angelique Chen (Reuters) - Banking giants such as JPMorgan Chase & Co and Bank of America collectively face more than $1 billion in regulatory fines for employees' use of unapproved messaging tools, including email and apps like WhatsApp. The…
By David Lawder WASHINGTON (Reuters) - As a political messaging war rages over $80 billion in new Internal Revenue Service funding, a U.S. Treasury official is pushing back on an informal estimate that the money could cause Americans earning less…
(Reuters) - Retail favorites GameStop and AMC Entertainment fell on Friday, undoing much of their recent gains after billionaire Ryan Cohen abruptly dumped his stake in struggling retailer Bed Bath & Beyond days after he took a bullish options position…
By Chibuike Oguh New York (Reuters) - Global equities and the U.S. dollar advanced on Monday despite weaker-than-expected economic data in China that prompted its central bank to cut its lending rate, stoking concerns of a global recession. The People's…
By David Shepardson WASHINGTON (Reuters) -The United States on Friday adopted new export controls on technologies that support the production of advanced semiconductors and gas turbine engines that it said are critical to its national security. The "emerging and foundational…
By Jeff Mason and David Lawder WASHINGTON (Reuters) - China's war games around Taiwan have led Biden administration officials to recalibrate their thinking on whether to scrap some tariffs or potentially impose others on Beijing, setting those options aside for…
By Laura Sanicola NEW YORK (Reuters) - U.S. fuel retailers are fighting the inclusion of a tax credit for sustainable aviation fuel (SAF) in Democrats' $430 billion spending bill, arguing SAF is more carbon intense and less efficient than renewable…