DETROIT—Nissan is recalling more than 463,000 older vehicles because the emblem on the steering wheel can come loose when the air bag is deployed and injure drivers. The recall mainly in North America covers certain Frontier small pickups, Titan large pickups and Xterra, Pathfinder, and Armada SUVs from 2008 through 2011. Also included are Quest…
Walmart to Close 3 US Tech Hubs, Relocate Staff
Walmart Inc. will close three of its U.S. technology hubs, asking hundreds of workers to relocate to keep their jobs, a company spokesperson told Reuters on Monday. Nearly all technology employees across the company would be expected to work in their offices for at least two days a week, added Robert Munroe, Walmart’s director of…
Judge Indicates Intention to Dismiss J&J Talc Unit Bankruptcy
The bankruptcy case filed by Johnson & Johnson’s subsidiary shouldering talc-related lawsuits will soon be dismissed unless a U.S appeals court agrees to reconsider its decision to nix the company’s attempt to offload the litigation into Chapter 11 proceedings, a federal judge said on Tuesday. U.S. Bankruptcy Judge Michael Kaplan said during a hearing in…
Avaya Files for Chapter 11 Bankruptcy
Avaya Holdings Corp. has filed for Chapter 11 bankruptcy and secured a financing of $780 million as it restructures its business, the IT firm said on Tuesday. Avaya said upon completion of the restructuring process it will reduce its total debt by more than 75 percent, from nearly $3.4 billion to about $800 million. The…
Australia’s Largest Bank Posts $5.15 Billion Half-Year Profit Amid Interest Rate Hikes
The largest commercial bank in Australia has posted a solid half-year financial result as interest rate hikes, and business lending growth lifted its profit after tax significantly. On Feb. 15, the Commonwealth Bank of Australia (CBA) announced that it made a cash profit of $5.15 billion (US$3.6 billion) in the first half of the 2022-2023…
Air India Reveals Orders for 470 Boeing, Airbus Jets
LONDON—Air India unveiled orders Tuesday for 470 Boeing and Airbus passenger jets as it races to tap surging demand for increasingly affordable air travel from the nation’s growing ranks of middle-class consumers. India’s largest international airline and second-largest domestic carrier is buying 220 Boeing aircraft valued at $34 billion. It marks the U.S. plane maker’s…
Ford Halts Production and Shipment of Electric F-150 Lightning Pickup Due to Battery Failure
February 14, 2023
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Ford Motor Co. halted the production and shipment of its F-150 Lightning electric pickup after it discovered a potential battery failure during pre-delivery check up inspections. The news of the suspension in deliveries of the automaker’s electric vehicle (EV) version of its classic pickup truck was first announced on Feb. 14 by Motor Authority. “We are…
ABC’s Coverage of Alice Springs’ Meeting Inaccurate, Partial: ABC Ombudsman’s Office
February 14, 2023
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The Australian Broadcasting Corporation has violated impartiality and accuracy standards in its radio report on the Alice Springs community meeting, the newly created ABC Ombudsman’s office found. The ABC’s flagship radio program AM on Jan. 31 aired a report in which it accused locals worried about the alcohol-fulled crime wave in the remote community of…
Hyundai, Kia to Thwart Car Thefts by Targeting Crime Method Popularized on TikTok
Hyundai and Kia are rolling out “theft deterrent software” for millions of car owners in the United States amid reports that a viral social media trend has led to an increase in thefts of its vehicles that lack push-button ignitions and immobilizing anti-theft devices. The National Highway Traffic Safety Administration (NHTSA) said in a statement…
Ford Halts Production, Shipments of F-150 Lightning Over Possible Battery Issue
Ford Motor Co. said on Tuesday that it had stopped production and shipments of its F-150 Lightning electric pickup after discovering a potential battery issue during pre-delivery checks. “We are not aware of any incidences of this issue in the field,” Ford spokesperson Emma Bergg said in an email. She said the production stop was…
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