Markets
Browsing: Business
More than 20,000 off-road motorcycles recalled over dangerous brake defect that could lead to death
Thousands of off-road motorcycles are being recalled over a braking defect that could cause serious injury or death from a crash, according to federal regulators. KTM North America Inc., of Amherst, Ohio, is recalling about 21,040 GASGAS and Husqvarna…
Pizza Hut makes surprising change to iconic name ahead of NFL season
Pizza Hut is temporarily dropping “Pizza” from its name as the restaurant chain leans into football season while its parent company moves ahead with a multibillion-dollar sale of the iconic brand. The chain said this week that it will go by “Hut” for the next…
BMW recalls nearly 28,000 luxury vehicles over driveshaft flaw that poses rollaway risk
BMW plans to recall 27,720 cars across three model lines over a driveshaft issue that could result in the vehicle rolling away. The recall impacts vehicles in the luxury car manufacturer’s 5 Series, 7 Series, and 8 Series, according to filings made with the…
Trump crypto meeting signals US ‘not going to slow down’ in bid for digital asset dominance, expert says
President Donald Trump and top financial regulators hosted key figures in the cryptocurrency and digital assets industries at the White House Wednesday, with a major legislative priority for the administration and those industries nearing the finish line…
Starbucks lays off 200 corporate workers as part of Brian Niccol’s turnaround plan
Starbucks is laying off over 200 corporate workers as it moves forward with the turnaround strategy that it began two years ago under CEO Brian Niccol. The coffee giant on Thursday published a layoff notice under the WARN Act, clarifying plans to cut over 200…
Jalapeño-linked salmonella outbreak sickens 431 people across 32 states
A multistate salmonella outbreak linked to fresh jalapeño peppers has now sickened 431 people and hospitalized 57 across 32 states, according to federal health officials. The latest figures represent an increase of 86 illnesses, 21 hospitalizations and five…
Hyundai’s Genesis debuts new flagship luxury EV
Hyundai Motor Group’s luxury brand Genesis is launching a new electric SUV with more than 300 miles of estimated range and a cabin packed with technology. The new GV90 is expected to travel about 310 miles on a full charge. Genesis says its battery can charge…
How much has the national debt grown under President Trump?
The U.S. national debt hit the $40 trillion threshold, and about one-fourth of that debt has been incurred while President Donald Trump has been in office. Spending by the federal government has accelerated dramatically as the U.S. population has aged, with…
US warns of active cyber threat targeting critical infrastructure
Federal agencies are warning that hackers are actively targeting industrial control systems used across U.S. water plants, factories, energy facilities and other critical infrastructure. The NSA, FBI, Department of Energy, EPA and Cybersecurity and…
US economy ‘worse’ off than when Biden departed, Peter Schiff says, warning of 2028 Dem socialist ‘threat’
The U.S. economy is currently “worse” than when former President Joe Biden departed office last year, economic and political commentator Peter Schiff asserted, warning that the nation faces the “threat” of a Democratic socialist winning the White House during…