Hyundai and Kia will repair millions of vehicles under a deal to fix anti-theft technology
Automakers Hyundai and Kia must offer free repairs to millions of models under a settlement announced Tuesday by Minnesota’s attorney general, who led an effort by dozens of states that argued the vehicles weren’t equipped with proper anti-theft technology, leaving them vulnerable to thefts. Under the nationwide settlement, the companies...
Ford scraps fully-electric F-150 Lightning as mounting losses and falling demand hits EV plans
DETROIT — Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles in lieu of investment in more efficient gasoline-engines and hybrid EVs, the company said Monday. The Detroit automaker, which has poured billions of dollars into electrification...
Judge orders Kilmar Abrego Garcia to be immediately released from immigration detentionVideo
GREENBELT, Md. — Kilmar Abrego Garcia must be freed from immigration detention while he fights to stay in the U.S., a judge ruled Thursday, handing a major victory to the immigrant whose wrongful deportation to a notorious prison in El Salvador made him a flashpoint of the Trump administration’s immigration...
Federal Reserve cuts key rate but signals higher bar for future reductionsVideo
WASHINGTON — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that could attract ire from President Donald Trump, who has demanded steep reductions to borrowing...
Paramount goes hostile in bid for Warner Bros., challenging a $72 billion offer by Netflix
NEW YORK — Paramount on Monday launched a hostile takeover offer for Warner Bros. Discovery, initiating a potentially bruising battle with rival bidder Netflix to buy the company behind HBO, CNN and a famed movie studio along with the power to reshape much of the nation’s entertainment landscape. Emerging just...
Michael Annett, who made 436 combined starts in NASCAR’s 3 national touring series, dies at 39
MOORESVILLE, N.C. — Michael Annett, a former racecar driver who made 436 combined starts in NASCAR’s three national touring series, has died. He was 39. JR Motorsports, one of Annett’s former teams, posted the news on social media on Friday. No cause of death was announced. “Our thoughts and prayers...
911 calls from Texas floods reveal chaotic and desperate pleas for rescues
KERRVILLE, Texas — In an instant, frantic voices overwhelmed the two county emergency dispatchers on duty in the Texas Hill Country as catastrophic flooding inundated cabins and youth camps along the Guadalupe River. A firefighter clinging to a tree who watched his wife be swept away. A family breaking through...
New Orleans leaders blast immigration crackdown, pointing to video of agents chasing U.S. citizen
NEW ORLEANS — New Orleans’ mayor-elect said Friday that a federal immigration crackdown launched this week is already causing harm as encounters between masked agents and residents, including some caught on video, has prompted public backlash in the blue city. Frustrated city officials pointed to the case of Jacelynn Guzman,...
Shapiro pushes back on federal policy change, urges continuation of hepatitis B vaccines at birth
Gov Josh Shapiro is again pushing back on a Trump administration reversal on vaccine guidance, this time involving the hepatitis B vaccine given at birth. In a press release, the Shapiro administration said it was standing with medical experts “to ensure parents can protect children from lifelong liver disease by...
Wall Street flirts with its all-time high
NEW YORK — The U.S. stock market is flirting with its all-time high on Friday. The S&P 500 rose 0.3% and was on track earlier in the day to squeak past its record closing level, which was set in October. The Dow Jones Industrial Average was up 164 points, or...
U.S. filings for jobless benefits fall to 191,000, lowest since September of 2022
WASHINGTON — U.S. applications for unemployment benefits fell to their lowest level in more than three years last week, potentially complicating the Federal Reserve’s upcoming decision on interest rates. The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s...
Wall Street holds steadier as bond yields and bitcoin stabilize
NEW YORK — The U.S. stock market is holding relatively steady on Tuesday as both bond yields and bitcoin stabilize. The S&P 500 rose 0.2%, coming off its first loss in six days. The Dow Jones Industrial Average was up 116 points, or 0.2%, as of 11:50 a.m. Eastern time,...
Netflix offers mostly cash for Warner Bros. in new bid round
Warner Bros. Discovery Inc. was fielding a second round of bids on Monday, including a mostly cash offer from Netflix Inc., in an auction that could wrap up in the coming days or weeks, according to people familiar with the discussions. Bankers for Paramount Skydance Corp., Comcast Corp. and Netflix...
Bitcoin dips below $85,000 briefly in crypto rout
Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon Monday, tracking with a broader market sell-off in technology companies that many see as overvalued. Bitcoin slid 5.6% after being down nearly 12% earlier in the day, settling in just above $85,000. The most-traded cryptocurrency is down about 33%...
Trump announces plan to terminate Biden’s autopen directives
WASHINGTON — President Donald Trump said he is terminating every document former President Joe Biden signed with an autopen in his latest move to eradicate his predecessor’s legacy. In a Truth Social post Friday, Trump accused Biden of signing “approximately 92%” of documents through the use of an autopen. The...
Eel populations are falling, and new protections were defeated. Japan and the U.S. opposed them
SCARBOROUGH, Maine — Eels are the stuff of nightmares — slimy, snakelike creatures that lay millions of eggs before dying so their offspring can return home to rivers and streams. They’ve existed since the time of the dinosaurs, and some species are more poorly understood than those ancient animals. Yet...
Mall traffic sees boost as shoppers turn out for traditional Black Friday
NEW YORK — Black Friday bargains no longer tempt people to leave Thanksgiving tables for midnight mall runs. Brawls in store aisles over toys and TVs with limited-time discounts are spectacles of holidays past. Online shopping and retailers launching discounts weeks before the turkey feast subdued that kind of fervor....
Here’s what to know about the federal ban threatening the market for THC-infused drinks and snacks
MINNEAPOLIS — The production lines at Indeed Brewing moved quickly, the cans filling not with beer, but with THC-infused seltzer. The product, which features the compound that gets cannabis users high, has been a lifeline at Indeed and other craft breweries as alcohol sales have fallen in recent years. But...
Fleet of UPS planes grounded after deadly crash expected to miss peak delivery season
A fleet of planes that UPS grounded after a deadly crash isn’t expected to be back in service during the peak holiday season due to inspections and possible repairs, the company said Wednesday in an internal memo. The airline expects it will be several months before its McDonnell Douglas MD-11...
Black Friday: What time do stores open?
Black Friday has become something of an anachronism in the e-commerce era. The day after Thanksgiving marks the official start of the holiday shopping season, but retailers already have spent weeks flooding their websites and customers’ email inboxes with early Black Friday offers. While sales trends have been shifting, the...
Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently
NEW YORK — It’s a tough time to be looking for a job. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. That’s caused many to limit new work to only a few specific roles, if not pause openings entirely. At the...
Sellers in other countries struggle to maintain U.S. customers as holiday shopping season starts
NEW YORK — At Fleece & Harmony, a woolen mill and yarn shop in bucolic Belfast, Prince Edward Island, in Canada, owner Kim Doherty used to be able to send yarn skeins to U.S. customers across the border with little fanfare. The yarn orders usually met an import tax exemption...
Consumer confidence slides as Americans grow wary of high costs, sluggish job gains
WASHINGTON — U.S. consumers were much less confident in the economy in November in the aftermath of the government shutdown, weak hiring and stubborn inflation. The Conference Board said Tuesday that its consumer confidence index dropped to 88.7 in November from an upwardly revised October reading of 95.5, the lowest...
New limits for rent algorithm that prosecutors say let landlords drive up prices
Landlords could no longer rely on rent-pricing software to quietly track each other’s moves and push rents higher using confidential data, under a settlement between RealPage Inc. and federal prosecutors to end what critics said was illegal “algorithmic collusion.” The deal announced Monday by the Department of Justice follows a...
They relied on marijuana to get through the day. But then days felt impossible without it
BROOKLINE, Mass. — For the past several years, 75-year-old Miguel Laboy has smoked a joint with his coffee every morning. He tells himself he won’t start tomorrow the same way, but he usually does. “You know what bothers me? To have cannabis on my mind the first thing in the...
