The U.S. has officially banned imports of certain Apple Watch models after the Biden administration declined to veto an agency’s decision to restrict the products. The affected watches come with a pulse oximeter feature that …
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Business
U.S. engine maker facing largest Clean Air Act penalty ever over emissions test cheating accusations
by adminEngine manufacturer Cummins Inc. has agreed to pay a $1.675 billion penalty for allegedly installing ‘defeat devices’ on approximately 1 million pickup trucks to cheat emissions tests. It’s the largest civil fine ever levied under …
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Business
Tesla recalls 120,000 vehicles over potentially faulty doors that could open in a crash
by adminTesla is recalling more than 120,000 vehicles over doors that fail to comply with U.S. government regulations. In a letter posted on the National Highway Traffic Safety Administration’s website Thursday, Tesla acknowledged the affected doors …
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Honda is recalling more than 2.5 million vehicles over potentially faulty fuel pumps. In documents posted on the National Highway Traffic Safety Administration’s website, Honda said affected models include 2018 through 2020 editions of some …
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Business
More than 300,000 air fryers sold at Walmart, Target and Kohl’s recalled for burn hazard
by adminThe U.S. Consumer Product Safety Commission announced the recall of about 319,000 PowerXL air fryers following 41 reports of the products breaking during use and, in some instances, causing burns. On Dec. 14, Empower Brands recalled two models of …
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The explosion of “Buy Now, Pay Later” services has set off alarms that consumers are desperate, rushing into the largely unregulated installment loans after running out of mainstream credit options. While that’s the case for …
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Honda is recalling about 106,000 CR-V hybrid sport-utility vehicles for model years 2020 through 2022. At issue is a 12-volt battery cable that may be missing a fuse, potentially causing the cable to short-circuit or …
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Business
Rite Aid wrongfully used facial recognition to accuse customers of shoplifting, FTC says
by adminThe Federal Trade Commission said Wednesday that Rite Aid secretly used facial recognition on customers for nearly a decade and wrongfully accused many of shoplifting. The FTC said Black and Asian customers were more likely …
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Business
Consumer confidence pops in the last month of a year that dodged recession forecasts
by adminAmericans are heading into 2024 more optimistic about the health of the economy than they have been in months. The Conference Board reported Wednesday that its Consumer Confidence Index, a measure of how Americans feel …
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Less than one-sixth of homes listed in the U.S. between January and November were affordable for a typical household, according to Redfin. The real estate brokerage says 352,500 homes, or 15.5% of the total that …