The U.S. Food and Drug Administration on Thursday classified the recall of some Baxter International Inc’s lung therapy devices as the most serious type after reports of two deaths. Medical device maker Baxter in late April recalled about 268 devices distributed between May 28, 2020 and April 19, 2022. The device, Volara, is used to…
Toyota Recalls First Mass-Produced EVs Less Than 2 Months After Launch
TOKYO—Toyota Motor Corp. said on Thursday it would recall 2,700 of its first mass-produced electric vehicles (EVs) because of a danger that wheels could come loose. The world’s largest automaker by sales submitted the recall of the bZ4X SUVs to Japan’s transportation ministry. Of the 2,700 vehicles, 2,200 were earmarked for Europe, 260 for the…
Gas at $5 Tips Some US Rideshare Drivers to Wrap Cars in Ads
When Duana Malcolm had her blue Hyundai Sonata sedan ‘wrapped’ as a mobile advertising board, the part-time delivery driver did not expect to make as much as $200 a month. Malcolm is one of the many rideshare drivers looking for alternate sources of income to cushion the impact of soaring gas prices and higher costs…
Afghans Bury Dead, Dig for Survivors After Quake Kills 1,000
GAYAN, Afghanistan—Villagers rushed to bury the dead Thursday and dug by hand through the rubble of their homes in search of survivors of a powerful earthquake in eastern Afghanistan that state media reported killed 1,000 people. Residents appeared to be largely on their own to deal with the aftermath as their new Taliban-led government and…
US Wants Automakers to Collect More ‘Black Box’ Crash Data
WASHINGTON—U.S. auto regulators said Wednesday they want to require automakers to collect more crash data from event data recorders (EDRs)—more commonly known as “black boxes.” The National Highway Traffic Safety Administration (NHTSA) on Wednesday proposed requiring black boxes to collect 20 seconds of pre-crash data at a higher frequency rate to help better understand the…
The Crisis at Disney: Part 1—Bob Chapek’s Blunder Road
This is part one of a four-part series, “The Crisis at Disney.” Few corporations have generated a more profound impact on the public than the Walt Disney Co. Successive generations have responded with positive emotions to the company’s entertainment, retail merchandise, and travel and hospitality offerings. Indeed, the Disney brand has been less of a corporate…
Lack of Good Parenting Contributing to New Zealand Youth Crime Rates: Expert
A small minority of troubled youth are contributing significantly to the surging crime in New Zealand, but some officials say more attention needs to go to the offenders’ families to prevent and help children stay away from a life of crime. The most common method of stealing being used by New Zealand youths is ram-raiding,…
Australia Provides Aid to Sri Lanka Amidst Worst Crisis in 70 Years
June 24, 2022
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Australia will provide Sri Lanka with $50 million (US$34.5 million) dollars of development assistance to help meet urgent food and healthcare needs as it battles its worst economic crisis in 70 years. Australian Foreign Minister Penny Wong said Australia would immediately provide $22 million to the World Food Programme for emergency assistance—providing food for three million…
Rosenblatt Sees 200 percent Upside in SMART Global, Coming From Data Center Demand for Specialty Memory
Rosenblatt analyst Kevin Cassidy expected SMART Global Holdings Inc. (SGH) to deliver a slight beat-n-raise to consensus 3QF22 and 4QF22 outlook. Cassidy maintained his Buy recommendation and $60 price target. Cassidy saw upside coming from data center demand for Specialty Memory. The demand for SGH’s Penguin Solutions AI/HPC systems has remained robust. However, supply chain constraints likely limited shipments….
Google News Re-Opens in Spain After 8-Year Shutdown
BRUSSELS—Alphabet reopened Google News in Spain on Wednesday, eight years after it shut down the service because of a Spanish rule forcing the company and other news aggregators to pay publishers for using snippets of their news. Madrid last year transposed European Union copyright rules, revamped in 2020, into legislation, allowing media outlets to negotiate…
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