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64°
Wednesday, jun 3
Tag:
Automobile
Business
Air Bag Dangers Prompt Massive Recall Of 419K+ Jeep SUVs: What To Know
More than 419,000 Jeep SUVs are being recalled because a software glitch could delay side air bag deployment during a crash and increase injury risks. Chrysler issued the recall for 419,035 Jeep Grand Cherokees, the National Highway Traffic Safety Administration said in a report filed on Thursday, May 21. The recall covers certain 2022 through 2026 Jeep Grand Cherokee and 2023 through 2025 Jeep Grand Cherokee L vehicles. The problem involves a software error in the occupant restraint controller module. The issue may cause side air bags to deploy late in certain types of crashes. The r…
Police & Fire
CT Dad Overdoses While Driving With 2 Young Kids, Police Say: 'I Thought I Was Doing Coke'
A 38-year-old Connecticut father faces multiple charges after authorities said he suffered a drug overdose while driving with his children, ages 2 and 5, in the car. Both kids were found wandering a restaurant parking lot as he and a woman both nearly died from what is believed to be opioid-laced cocaine. Nicholas Ninteau, of Windham, was found unconscious in the driver's seat of a Ford Fusion in front of the restaurant on Boston Turnpike in Bolton around 6 p.m. on June 19, Connecticut State Police said. A woman in the passenger seat was also near death. She had no pulse and was not breathin…
Business
Market Freefall Deepens After Trump's Sweeping Tariffs Despite Moderate Job Gains In March
Unemployment inched up in March – slightly higher than economists expected – as stock markets crashed and Big Tech companies saw their worst single-day loss on record in response to President Donald Trump's aggressive new tariffs. March's unemployment rate was 4.2%, the Bureau of Labor Statistics said on Friday, April 4. That was slightly higher than the 4.1% forecast as the labor force participation rate also rose, CNBC reported. The US added 228,000 nonfarm payrolls in March, significantly higher than the Dow Jones estimate of around 140,000. The BLS also reduced …
Business
Recession Odds Sharply Rise Before Trump's 'Liberation Day' Tariff Rollout: Goldman Sachs
Goldman Sachs has nearly doubled the odds of a US recession, warning that President Donald Trump's sweeping new tariffs could drive up prices, slow growth, and force the Federal Reserve to cut interest rates because of higher unemployment. A recession is now 35% possible in 2025, the investment banking firm said in an economics research report published on Sunday, March 30. That's a dramatic increase from Goldman Sachs' 20% prediction made earlier in March. The increased odds come as Trump prepares to roll out sweeping new tariffs on Wednesday, April 2, which the President has dubbed "…
Business
Us-c
anada Air Travel Down 70% Amid Trump's Trade War, '51st State' Aggression
Bookings for flights between the US and Canada have plummeted as President Donald Trump threatens tariffs on Canadian goods and challenges the country's sovereignty. Airline capacity between the neighboring nations has been reduced through October, aviation data firm OAG said on Wednesday, Mar. 26. Forward bookings between the US and Canada are down more than 70% compared to 2024. The most significant cuts are hitting peak travel months in July and August, when millions of Canadian tourists traditionally head south of their border. "For all scheduled airlines operating…
Business
Trump Pauses Auto Tariffs Amid Trade War Fallout With Canada, Mexico
President Donald Trump is giving US automakers a brief delay on tariffs imposed against Canada and Mexico as trade war tensions escalate and concerns rise domestically about the economy. The pause was confirmed at a news briefing by White House Press Secretary Karoline Leavitt on Wednesday, Mar. 5. The move came one day after Trump officially placed 25 percent tariffs on Canadian and Mexican goods while raising tariffs on Chinese imports to 20 percent. The country's "Big Three" automakers — Stellantis (formerly Chrysler), Ford, and General Motors — talked with Trump abou…
Business
Nissan, Honda Eye Potential Merger
Two of the world's biggest automakers may soon become one. Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. have signed a memorandum of understanding (MOU) to discuss a potential merger aimed at revolutionizing the future of mobility and electrification. Announced on Monday, Dec. 23, the goal is to establish a joint holding company that could significantly impact the automotive landscape, and potentially make the combined corporation the world's third-largest auto manufacturer. The merger aims to accelerate initiatives for carbon neutrality and zero traffic fatalities by pooling reso…
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