General Motors is recalling more than 740,000 small SUVs in the U.S. because the headlight beams can be too bright and cause glare for oncoming drivers.
Category Archives: business
Authentication firm Okta probes report of digital breach
Authentication services provider Okta Inc. is investigating a report of a digital breach, the company said on Tuesday, after hackers posted screenshots showing what they claimed was its internal company environment.
What happens when corporations expect inflation to stick around
In its new Economic Policy Survey, the National Association for Business Economics found that corporate America thinks the Fed should be moving faster to rein
Jergens lotion recalled for potential bacteria contamination, FDA says
Some Jergens products have been recalled by its manufacturer, Kao USA, because of possible bacteria contamination, according to the FDA.
New rules for companies on climate risks proposed by SEC
Companies would be required to disclose the greenhouse gas emissions they produce and how climate risk affects their business under new rules proposed Monday
Powell says ‘inflation is much too high’ and the Fed will take ‘necessary steps’ to address
Federal Reserve Chairman Jerome Powell on Monday vowed tough action on inflation, which he said jeopardizes an otherwise strong economic recovery.
Interest in electric vehicles grows as gas prices rise
The number of people browsing for green vehicles has increased in recent weeks as gas prices climbed, according to Edmunds. Availability of electric vehicles is scarce; of all the vehicles for sale at one Illinois dealership, only one is fully electric.
Most medical debt will soon be removed from credit reports
Equifax, Experian and TransUnion say they will wipe out nearly 70 percent of medical debt on consumers’ credit reports if it’s been paid off. New medical debt won’t be added to credit reports until a year after it’s given to collection agencies, rather than six months.
Google is accused in lawsuit of systemic bias against Black employees
A lawsuit filed on Friday accuses Google of systemic racial bias against Black employees, saying the search engine company steers them to lower-level jobs,
Most medical collection debt is about to fall off of consumer credit reports
A significant number of U.S. consumers will have their medical collection debt dropped from their credit report, the nation’s biggest credit reporting bureaus announced.