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Germany’s DAX added 0.1% to 17,959.35 and the FTSE 100 in London edged 0.1% higher to 7,731.73. Markets are awaiting a decision by the Bank of Japan on Tuesday on whether to raise its benchmark interest rate for the first time in 17 years. The Hang Seng in Hong Kong edged 0.1% higher to 16,737.12, and the Shanghai Composite index gained 1% to 3,084.93. Elsewhere, Australia’s S&P/ASX 200 edged 0.1% higher to 7,675.80, and the Kospi in South Korea advanced 0.7%, to 2,685.84. A report on consumer prices last week showed inflation remains stubborn, ticking up to 3.2% in February from 3.1% in January.

Persons: Germany’s DAX, Australia’s Organizations: Japan’s, Federal Reserve, CAC, Dow Jones, Nikkei, Bank of Japan, Honda Motor, Dongfeng Motor, Nasdaq, Software, Adobe, Microsoft, Broadcom, Google, University of Michigan, Fed, Traders, CME Group, New York Mercantile Exchange, Brent, U.S Locations: HONG KONG, London, Paris, Tokyo, Hong Kong, Shanghai, China, South Korea, India, Bangkok, U.S

The union has come close to representing workers at the VW plant in two previous elections. Some prominent Tennessee Republican politicians had urged workers to vote against the union during both campaigns. The year after the 2014 vote failed, 160 Chattanooga maintenance workers won a vote to form a smaller union, but Volkswagen refused to bargain. In November, VW gave workers an 11% pay raise at the plant, but the union says VW's pay still lags behind Detroit automakers. Top assembly plant workers in Chattanooga make $32.40 per hour, VW said.

Persons: —, we'll, Yolanda Peoples Organizations: DETROIT, United Auto Workers, Workers, National Labor Relations Board, UAW, Detroit automakers, Tesla, Nissan, Mercedes, Benz, Hyundai, Kia, Toyota, Honda, VW, NLRB, Volkswagen, Tennessee Republican, General Motors, Ford, Detroit Locations: Chattanooga , Tennessee, Chattanooga, Tennessee, Mercedes, Vance , Alabama, Tuscaloosa, Alabama

☆ UAW says VW workers at Tennessee plant file for union election
▼ + stars: | 2024-03-18 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – Volkswagen workers at a plant in Tennessee have filed a petition with the National Labor Relations Board for a vote to join the United Auto Workers, the union announced Monday. In 2019, VW workers at the Chattanooga, Tennessee, plant rejected union representation in an 833-776 vote. The Chattanooga plant is Volkswagen's only U.S. assembly plant and employs over 4,000 autoworkers who would be eligible to vote for union representation. "We will fully support an NLRB vote so every team member has a chance to vote in privacy in this important decision. By the end of the UAW contracts, top wages are expected to surpass $42 an hour for production workers.

Organizations: DETROIT, Volkswagen, National Labor Relations Board, United Auto Workers, U.S, UAW, Nissan, VW, NLRB, Detroit automakers, BMW, Honda, Hyundai, Mazda, Benz, Subaru, Toyota, Volvo Locations: Tennessee, U.S, Chattanooga , Tennessee, Chattanooga

☆ Federal investigators look into crash of Mustang Mach-E equipped with driver assistance tech
▼ + stars: | 2024-03-18 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

CNN —Investigators with the National Highway Traffic Safety Administration and National Transportation Safety Board are investigating a fatal crash involving a Ford Mustang Mach-E equipped with advanced driving assistance technology. Ford shows off the new model 2024 Ford Mustang Mach-E GT during the Chicago Auto Show at McCormick Place convention center in Chicago, Illinois on February 8, 2024. Federal investigators are looking at dozens of crashes involving so-called advanced driver assistance, or ADAS, systems. ADAS systems handle basic driving tasks such as keeping the vehicle in its lane while maintaining a safe distance behind vehicles ahead, usually in highway driving only. Fourteen of these systems, including two from Ford, were recently rated by the private Insurance Institute for Highway Safety.

Persons: Jacek Boczarski, Ford, IIHS, Jennifer Homendy Organizations: CNN, National, Traffic Safety Administration, National Transportation Safety, Ford, of Highway Safety, NTSB, Chicago Auto, McCormick, Getty, NHTSA, Wall Street, Federal, General Motors, Volvo, Insurance Institute for Highway Safety Locations: “, San Antonio, Chicago , Illinois, Anadolu, Ford, Texas

☆ Andre Gordon: A Pennsylvania man is suspected of killing 3 people, including his teen sister, at 2 different homes
▼ + stars: | 2024-03-17 | by ( Dalia Faheid | ) edition.cnn.com time to read: +7 min

He carried out the attacks with an “AR-15 style assault rifle,” Falls Township Police Chief Nelson Whitney said. Around 11:38 a.m., the carjacked Honda CRV was found abandoned in Trenton, according to Falls Township Police. The pair of shootings were “domestic related,” Falls Township Chairman of Board of Supervisors Jeff Dence told CNN. Family members were present at both homes in Falls Township, according to Schorn. Gordon is also believed to have “family ties” to the Trenton house, she said in a news conference.

Persons: carjacking, Andre Gordon, Nelson Whitney, “ He’s, Steve Wilson, Gordon, Wilson, “, ” Wilson, Reed Gusciora, Gusciora, Karen Gordon, Kera Gordon, Jennifer Schorn, ” Schorn, Taylor Daniel, Schorn, Honda CRV, ” Gusciora, CNN’s Polo Sandoval, Matt Rourke, Jeff Dence, ”, Andre, Brian Fitzpatrick, carjacked, Josh Shapiro, we’re Organizations: CNN — Police, Police, Authorities, Honda, Falls Township Police, CNN, ”, Police Police, FBI, Pennsylvania State Police, Pennsylvania Locations: Pennsylvania, New Jersey, Falls Township, Falls, ” Trenton , New Jersey, Trenton , New Jersey, Trenton, Levittown , Pennsylvania, Bucks County, Edgewood Lane, Bristol Pike, Morrisville ., Philadelphia, ” Falls, Lower Bucks, selfishly

☆ Live updates: 3 killed in Pennsylvania shooting, suspect barricaded in New Jersey with hostages, officials say
▼ + stars: | 2024-03-16 | by ( Adrienne Vogt | Matt Meyer | ) edition.cnn.com time to read: +1 min

Authorities say Gordon, who was driving a stolen vehicle, fatally shot two people who lived at the residence. Following the shooting, Gordon then went to Edgewood Lane, where he fatally shot another individual, according to officials. Officials say Gordon knew all the shooting victims. Police say Gordon was last seen wearing a dark hooded sweatshirt. Police say Gordon is considered extremely dangerous, and anyone who sees him should be asked to contact the authorities.

Persons: JD Mullane, Andre Gordon, Gordon Organizations: USA, Network Pennsylvania, Police, Middletown Township Police Locations: Falls Township, Falls, Levittown, Edgewood Lane, Bristol Pike, Morrisville, Pennsylvania, Trenton , New Jersey, Middletown Township

DETROIT (AP) — The National Transportation Safety Board is investigating a fatal crash in San Antonio, Texas, involving a Ford electric vehicle that may have been using a partially automated driving system. In a statement, Ford said it is researching the crash and the facts are not yet clear. The company expressed sympathy to those involved and said it reported the crash to the National Highway Traffic Safety Administration. Both NHTSA and the NTSB have investigated multiple previous crashes involving partially automated driving systems, most involving Tesla's Autopilot. In past investigations, the NTSB has examined how the partially automated system functioned.

Persons: Ford Organizations: DETROIT, Transportation Safety, Ford, Highway, NTSB, Honda, U.S, National, Traffic Safety Administration, NHTSA Locations: San Antonio , Texas, Texas, U.S, Canada, San Antonio

☆ Read the Class Action Complaint Against G.M. and LexisNexis Risk Solutions
▼ + stars: | 2024-03-14 | by ( ) www.nytimes.com time to read: +2 min

On March 11, 2024, the New York Times reported an investigative piece about this exact issue.² The article highlights individuals who have had their insurance rates increase due to Lexis publishing, among others, General Motors car drivers' data. For one consumer "[i]t felt like a betrayal" because GM took "information that [he] didn't realize was going to be shared[.]" In recent years, automakers, including G.M., Honda, Kia and Hyundaí, have started offering optional features in their connected-car apps that rate people's driving. Some drivers may not realize that, if they turn on these features, the car companies then give information about how they drive to data brokers like LexisNexis... Especially troubling is that some drivers with vehicles made by G.M.

Persons: G.M, Last Organizations: New York Times, Lexis, General Motors, Honda, Kia, LexisNexis, Chevrolet, Smart

TOKYO (AP) — Global shares are mixed Thursday in lackluster trading. U.S. shares were set to drift higher with Dow futures up nearly 0.3% at 39,632.00. Nissan Motor Co. stock jumped 2.2% after an unconfirmed Japanese media report that the automaker behind the Leaf electric car was about to enter an agreement on EVs with domestic rival Honda Motor Co. Honda shares rose 1.1%. Photos You Should See View All 60 ImagesThe Japanese central bank has set a target of 2% inflation. That higher inflation has in turn dashed Wall Street’s hopes that the Federal Reserve could start offering relief at its meeting next week by cutting interest rates.

Persons: Germany's DAX, Sydney's, Hang Seng, ”, Anderson Alves, Brent Organizations: TOKYO, —, CAC, Dow, Nikkei, Nissan Motor Co, Honda Motor Co, Honda, Nissan, Bank of Japan, Bank of, Federal Reserve, Fed, U.S Locations: Hong, Shanghai, ActivTrades, Bank of Japan

☆ Nongfu Spring: Bottled water empire of China’s richest man Zhong Shanshan is facing a boycott by nationalists
▼ + stars: | 2024-03-13 | by ( Laura He | ) edition.cnn.com time to read: +7 min

Zhong and his drinks firm Nongfu Spring, the country’s biggest maker of bottled water, are the latest targets of an army of internet zealots. WeiboThe nationalists have also highlighted the fact that prominent US investment funds, including Vanguard and BlackRock, are major shareholders of Nongfu Spring. “Taking advantage of Mr Zong’s death, a lot of slander against me and Nongfu Spring appeared on the internet. “Whether Wahaha or Nongfu Spring, we always insist on the same thing — producing good products for the people,” he said. Nongfu Spring is just the latest major target of China’s nationalists.

Persons: Hong Kong CNN — Zhong Shanshan, Zhong, Zong Qinghou, Zong, Zhong’s, —, “ Zhong Shuzi, ”, “, He’s, Mr Zong’s, ” Zhong, influencers, netizens, “ Zong, Wei Jiang, Mo Yan, Mao Zedong, Stringer, Li Ning Organizations: Hong Kong CNN, Wahaha, Danone, Weibo, ”, Vanguard, BlackRock, Nongfu, American, Wahaha’s, CNN, Zhejiang Daily, Communist Party, Auto, Zhejiang University of Finance, Economics, People’s Liberation Army, AFP, Getty, Nike, Adidas, United, Toyota, Honda Locations: China, Hong Kong, Beijing, American, Weibo, Nongfu, Zhejiang, Hami, China's, Xinjiang, AFP, United States, Japan

☆ EV euphoria is dead. Automakers trumpet consumer choice for U.S. car shoppers
▼ + stars: | 2024-03-13 | by ( Michael Wayland | ) www.cnbc.com time to read: +11 min

Andrew Merry | Moment | Getty ImagesDETROIT — The buzz around electric vehicles is wearing off. U.S. EV sales were a record 1.2 million units last year, representing 7.6% of the overall national market, Cox Automotive estimates. "Moving on to less tech-savvy buyers will slow the EV market share growth over the next few years." Automakers wanted to emulate Tesla's success, with some promising to exclusively offer EVs in the not-too-distant future. "Toyota is almost completely absent from the [battery electric vehicle] market yet will gain more U.S. market share than any other car company this year.

Persons: hasn't, Andrew Merry, Aston Martin, Tesla, Elon Musk, Marin Gjaja, Ford, Pablo Di Si, Sam Fiorani, Romeo, Bentley, Mary Barra, there's, Cadillac, John Roth, We've, Gjaja, Jim Farley, Rebecca Cook, Oliver Blume, Akio Toyoda, Morgan Stanley, Adam Jonas, It's, Biden, Cox, Michelle Krebs, EVs, Trisha Jung Organizations: DETROIT, EV, Ford Motor, General Motors, Mercedes, Benz, Volkswagen, Jaguar, Rover, CNBC, GM, Hyundai Motor, Kia, Toyota Motor, VW, U.S, Cox Automotive, AutoForecast Solutions, Volvo, Buick, Cadillac, Honda, Ford Motor Co, Ford, Amperex Technology, Toyota, Cox, Tesla, Nissan, Nissan U.S, Environmental Protection Agency, Alliance for Automotive Innovation, American Automotive, Detroit automakers Locations: EVs, Europe, U.S, North America, Warren , Michigan, Detroit, Marshall , Michigan, Romulus , Michigan

☆ Wells Fargo downgrades Tesla, sees electric vehicle stock dropping nearly 30% from here
▼ + stars: | 2024-03-13 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

Analyst Colin Langan downgraded the electric vehicle maker to underweight from equal weight. We see headwinds from disappointing deliveries & more price cuts, which likely drive negative EPS revisions," Langan wrote. In the wake of [price] cuts are lower lease residuals, disgruntled customers & the possible loss of the luxury brand premium." Tesla shares have struggled in 2024, losing nearly 30%, as demand for electric vehicles wanes. Ford Motor last month said it was reassessing its electric vehicle plans , with CEO Jim Farley noting widespread adoption won't happen until costs are more aligned with gas-powered models.

Persons: Wells, Colin Langan, Langan, Jim Farley, Wells Fargo's Langan Organizations: Elon, EU, China, Ford Motor, General Motors, Honda Locations: Tuesday's

☆ China's BYD is the world's biggest electric car maker — but it's not coming to America anytime soon
▼ + stars: | 2024-03-09 | by ( George Glover | ) www.businessinsider.com time to read: +6 min

Read previewJapanese and Korean carmakers cracked the US market long ago — but don't expect Chinese EV seller BYD to repeat that feat. Advertisement"It'd be very difficult for a Chinese EV maker to enter the US market," Seth Goldstein, an equity strategist at Morningstar, told Business Insider. The bill, a key part of US President Joe Biden's economic agenda, offers tax credits worth up to $7,500 for EV makers, excluding any "Foreign Entity of Concern." BYD isn't the only company turning its back on the US EV market. Given that EV sales growth is stalling in US, it's perhaps little wonder companies like BYD are not too bothered.

Persons: —, There's, Tesla, We're, Stella Li, BYD, Seth Goldstein, I'm, Suzuki, Jim Farley, Will Roberts, Goldstein, Roberts, Joe Biden's, Joe Biden, Demetrius Freeman, Rho Motion's Roberts, you'd, Li, carmakers Organizations: Service, Yahoo Finance, Business, Morningstar, Toyota, Motors, Nissan, Mazda, Lexus, Honda, Mitsubishi, Korea's Hyundai, Kia, North, Ford, EV, Rho, Energy, Treasury, Washington Post, Cox Automotive, Apple Locations: Korean, North America, —, China, North American, Russia, Iran, North Korea, Brazil, Thailand, Americas, Asia, South America

☆ ‘Sleeping giant’ MotoGP awakens in Qatar, with eyes on US – and a little help from rapper Pitbull and AI
▼ + stars: | 2024-03-09 | by ( Jonathan Hawkins | Becky Anderson | ) edition.cnn.com time to read: +6 min

Bagnaia rides during the second free practice session ahead of the 2023 French Grand Prix. The 2024 season will also see the debut of a US based-team, Nashville’s Trackhouse Racing, which is co-owned by musician Pitbull. Toshifumi Kitamura/AFP/Getty ImagesThe American sees the Sprints as a gateway to the main race for new fans. He says the newly refurbished Qatar facility, which also hosts F1, is a boon for the participants, too. “The race at night is something that was [the Qataris’] idea 20 odd years ago, and they did it.

Persons: Daniel Rossomondo, “, CNN’s Becky Anderson, ”, Rossomondo, Mirco Lazzari, Francesco ‘ Pecco, Bagnaia, Marc Márquez, Álex, Jorge Martín, Pedro Acosta, Márquez, Jean, Francois Monier, Nashville’s, Pitbull, ” Rossomondo, Dorna, ” Marc Márquez, Toshifumi Kitamura, it’s Organizations: CNN, NBA, Qatar –, MotoGP, Ducati, Honda, Warner Bros Discovery, TNT Sports, ” MotoGP, Getty, “ Riders, Warner Bros . Locations: Qatar, Americas, Murcia, AFP, United States, American, Europe

☆ Meta's CTO replaced his Tesla with an electric Mercedes: 'I didn't know cars could be this nice'
▼ + stars: | 2024-03-05 | by ( Ana Altchek | ) www.businessinsider.com time to read: +2 min

Meta's chief technology officer, Andrew Bosworth, is a big fan of his Mercedes AMG EQS. More recently, he drove a Honda Accord for 10 years and then a Tesla Model S for another decade, Bosworth said. His Tesla Model S, Bosworth said, "had a thing happen to it while it was parked." AdvertisementSpringing for a Mercedes AMG EQS isn't cheap: The 2023 luxury sedan has a retail price of $147,550. The interior of the Mercedes AMG EQS.

Persons: Andrew Bosworth, Mercedes AMG, Bosworth, EQS, —, Mercedes, Getty Mercedes Organizations: Mercedes, Benz, Service, Getty, Honda Accord, Tesla

☆ No, electric vehicle sales aren’t dropping. Here’s what’s really going on
▼ + stars: | 2024-02-25 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

(BNEF’s figures include plug-in hybrids, but the large majority are fully electric vehicles.) High pricesMost electric vehicles currently on sale in America are on the more expensive side of the automotive market. Power, referring to the Kia EV9 and Cadillac Lyriq electric vehicles. Besides raw numbers, the EV chargers that are currently available tend to rate low with consumers in terms of reliability, according to J.D.. Power surveys. Public chargers are more important to people who can afford neither an expensive vehicle nor a house with private parking.

Persons: CNN — Tesla, ”, Tyson Jominy, Kia, Corey Cantor, Jim Farley, Farley, Jominy, Tesla, Carlos Tavares, Valdez Streaty, “, “ We’re Organizations: CNN, Ford, Cox Automotive, Bloomberg New Energy Finance, Kia, J.D, ” Ford, National Renewable Energy Laboratory, US Department of Energy, DOE, EV, BMW, GM, Honda, Hyundai, Benz, Stellantis, Dodge, Leasing Locations: United States, America, California, Canada, New York

☆ For Car Thieves, Toronto Is a ‘Candy Store,’ and Drivers Are Fed Up
▼ + stars: | 2024-02-24 | by ( Vjosa Isai | ) www.nytimes.com time to read: +1 min

Whenever Dennis Wilson wants to take a drive in his new SUV, he has to set aside an extra 15 minutes. That’s about how long it takes to remove the car’s steering wheel club, undo four tire locks and lower a yellow bollard before backing out of his driveway. His Honda CR-V is also fitted with two alarm systems, a vehicle tracking device and, for good measure, four Apple AirTags. Its remote-access key fob rests in a Faraday bag, to jam illicit unlocking signals. As a final touch, he mounted two motion-sensitive floodlights on his house and aimed them at the driveway in his modest neighborhood in Toronto.

Persons: Dennis Wilson, Wilson Organizations: Honda, Apple Locations: Toronto

☆ Here's how to play Japan stocks, finally hitting a new high after 34 long years
▼ + stars: | 2024-02-22 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

Japan's Nikkei 225 index , a price-weighted index of 225 Japanese stocks, has also hit an historic high. A few months before that, on December 29, 1989, Japan's Nikkei 225 Index hit an historic high that stood until this week. That's about the amount the U.S. stock market dropped at the start of the Great Depression, from 1929 to 1932. .N225 5Y mountain Nikkei 225 Index in past five years. The Japanese stock market took 20 years.

Persons: it's, Japan's, Minoru Isutani, Arnold Palmer, Richard Ferris, Peter Ueberroth, Clint Eastwood, Nori, Bart Wakabayashi Organizations: Nikkei, CNBC, Japan's Nikkei, Mitsubishi, Rockefeller Center, Lone Cypress Company, Sumitomo Bank, Taiheiyo, Lone Cypress, Toyota, Honda, Sony, Hitachi, Nintendo, Sumitomo Mitsui, Japan Hedged Equity, Dow Jones, Tokyo Stock Exchange, Retailing, Softbank, Vision Fund, Foreign, Bank of Japan, White Oak Capital, Reuters Locations: Tokyo, New York, Japanese, California, Japan, U.S, Singapore

We'll also guide you step-by-step on how to use a VPN to watch UFC 298, no matter where you are. ET / 3 a.m. GMT (Sun) / 11 a.m. AWST (Sun)How to watch UFC 298 in the USUS viewers can watch the main event of UFC 298 on ESPN Plus tonight at 10 p.m. UFC PPV + Annual ESPN+ Membership (Bundle) ESPN+ is the home of UFC PPV events, meaning that fans need to purchase a subscription in addition to buying the one-off cards. Where to watch UFC 298 everywhere elseIf you're not in the US, you still have a few options to watch UFC 298. In Canada, UFC 298 will be available as a pay-per-view through most TV providers and directly via UFC Fight Pass.

Persons: Whittaker, Costa doesn't, We'll, ExpressVPN, Alexander Volkanovski, Ilia Topuria, Robert Whittaker, Paulo Costa, Geoff Neal, Ian Machado Garry, Merab, Henry Cejudo, Anthony Hernandez, Kopylov, Amanda Lemos, Mackenzie Dern, Marcos Rogerio de Lima, Justin Tafa, Rinya Nakamura, Carlos Vera, Zhang Mingyang, Brendson Ribeiro, Josh Quinlan, Danny Barlow, Val Woodburn, Andrea Lee, Miranda Maverick Organizations: Business, Volkanovski, Honda Center, UFC, ESPN Plus, ESPN, TNT Sports, Amazon, Apple, PlayStation, Samsung, BT, BT Sport, League, LG, Elliott Locations: Anaheim, Canada, Australia, New Zealand, Germany, Italy, Spain, Poland, Switzerland, Asia, Africa, Brazil

Though one of the most potent and long-running (or at least long-stomping) forces in movies, Godzilla has never before rubbed elbows at the Academy Awards. At the Oscar luncheon, Steven Spielberg warmly greeted Yamazaki and told him he had seen “Godzilla Minus One” three times. But “Godzilla Minus One” returns to the essential nature of Godzilla as a sober symbol of nuclear holocaust and atomic trauma. My intent was to put a spotlight on what Godzilla represented.”In “Godzilla Minus One,” just as WWII is ending, Godzilla is growing. But unlike more broadly blockbuster-styled Godzilla films, “Godzilla Minus One” is rigorously rooted in a Japanese perspective.

Persons: he’s, “, ”, Takashi Yamazaki, —, Yamazaki, Ishirō Honda, Steven Spielberg, ” Yamazaki, ‘, ’, ’ They’ve, “ Oppenheimer, “ Barbie, Christopher Nolan’s, Tomoyuki Tanaka, Raymond Burr, Koichi, Ryunosuke, Robert Oppenheimer’s, Nolan, we’re, Hayao Miyazaki’s, Miyazaki, ‘ Oppenheimer, Jake Coyle Organizations: Academy, Toho, “, Galaxy, U.S ., Pictures, Warner Bros, American Locations: Tokyo , Hong Kong, Paris, San Francisco, Boston, Moscow, London, Hawaii, U.S, Canada, Canadian, Tokyo, Japan, Bikini, Kong, Hiroshima, Nagasaki

TOKYO (AP) — Japan has slipped to the world’s fourth-largest economy as government data released Thursday showed it fell behind the size of Germany's in 2023. Japan fell from the second-ranked economy behind the U.S. to the third-largest in 2010 as China's economy grew. The comparisons among nations’ economies look at nominal GDP, which doesn’t reflect some different national conditions, and is in dollar terms. Japan’s nominal GDP totaled $4.2 trillion last year, or about 591 trillion yen. The gap between developed countries and emerging nations is shrinking, with India certain to overtake Japan in nominal GDP in a few years, Okazaki said.

Persons: Germany’s, Japan’s, Tetsuji Okazaki, ”, Okazaki, Konosuke Matsushita, ___ Yuri Kageyama Organizations: TOKYO, —, Monetary Fund, Japan, University of Tokyo, Honda, Honda Motor Co, Panasonic Corp, Japan Inc Locations: — Japan, Japan, Germany, India, U.S

☆ The Vision Pro's scary side effect
▼ + stars: | 2024-02-11 | by ( Adam Rogers | ) www.businessinsider.com time to read: +11 min

The reviews are in, and the tech press is lauding the Apple Vision Pro headset for delivering on the company's promises. Apple and Meta are hoping that this virtual world will be so compelling that you won't just visit. Apple Vision Pro AppleThese are all, as the IT people say, known issues. When people adapt to a perceptual change for long enough, the real world starts to look wrong in the opposite direction. In the meantime, while he's doing his work, maybe don't forget to take that Vision Pro off once in a while.

Persons: It's, They're, you'll, Jeremy Bailenson, You've, That's, they're, techies, Bailenson's, passthrough, Bailenson, doesn't, I've, William Gibson, We've, he's, Adam Rogers Organizations: Apple, Meta, Stanford, Honda, Business

DETROIT (AP) — Honda is recalling more than three quarters of a million vehicles in the U.S. because a faulty sensor may cause the front passenger air bags to inflate when they're not supposed to. Also included are the 2021 and 2022 Civic hatchback, the 2021 Civic Type R and Insight, and the 2020 and 2021 CR-V, CR-V Hybrid, Passport, Ridgeline and Accord Hybrid. Affected models from the Acura luxury brand include the 2020 and 2022 MDX, the 2020 through 2022 RDX and the 2020 and 2021 TLX. Documents posted Tuesday by the U.S. National Highway Traffic Safety Administration say that the front passenger seat weight sensor may crack and short circuit, and fail to turn off the air bag as intended. Dealers will replace the seat sensors at no cost to owners.

Persons: — Honda, they're Organizations: DETROIT, Honda, Acura, U.S . National, Traffic Safety Administration Locations: U.S

☆ Honda recalls 750,000 U.S. vehicles over air bag defect
▼ + stars: | 2024-02-06 | by ( ) www.cnbc.com time to read: +1 min

Honda Motor Co said on Tuesday it was recalling 750,000 vehicles in the United States over a defect involving air bags which could deploy unintentionally during a crash. The front passenger seat weight sensor may crack and short circuit, failing to suppress the air bag as intended, the National Highway Traffic Safety Administration (NHTSA) said on Tuesday. The recall includes certain Honda Pilot, Accord and Civic vehicles from the 2020-2022 model years, and some Honda CR-V and Passport vehicles from the 2020 and 2021 model years. Toyota Motor in December recalled 1.12 million vehicles worldwide because a short circuit in a sensor could cause air bags not to deploy as designed. Also in December, Honda recalled 4.5 million vehicles worldwide over risks of fuel pump failure, which included 2.54 million vehicles in the United States.

Persons: Honda Organizations: Honda, Honda Motor, Traffic Safety Administration, Toyota Motor Locations: Miami , Florida, United States

☆ A soft landing is now likely. But Americans will still deal with unaffordable housing
▼ + stars: | 2024-02-04 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

In a letter days before the Fed’s decision Wednesday to hold interest rates steady at a 23-year high, Democratic US senators blasted the central bank for America’s housing woes. In 2021 when the Fed’s key interest rate was near zero, home-price growth soared at a historic double-digit pace, according to the S&P CoreLogic Case-Shiller National Home Price Index. Divounguy said that the average 30-year fixed mortgage rate will likely not fall below 6% this year. That way we can actually start heading in the right direction with affordability and have that be sustainable and not just a short-term interest rate phenomenon,” she said. Richmond Fed President Thomas Barkin delivers remarks.

Persons: Valerie Plesch, Orphe Divounguy, Freddie Mac, it’s, Fannie Mae, Divounguy, ” Daryl Fairweather, Trump, Jerome Powell, Donald Trump, Powell, David Goldman, Alexandra Ross, ” Trump, Maria Bartiromo, Joe Biden, Estee Lauder, Tyson, Raphael Bostic, Eli Lilly, Loretta Mester, Walt Disney, Adriana Kugler, Thomas Barkin, Michelle Bowman, Ralph Lauren, Armour Organizations: CNN Business, Bell, DC CNN, Federal Reserve, Democratic, Eccles Federal Reserve, Bloomberg, Getty, CNN, National Association of Realtors, Fox Business, Bureau of Labor Statistics, Trump, Fed, Caterpillar, Tyson Foods, P Global, Institute for Supply Management, Atlanta Fed, Toyota, UBS AG, Chipotle, Cleveland Fed, Walt, CVS, PayPal, Brands, Fox, The Carlyle, News Corporation, New York Times Company, Mattel, Spirit Airlines, US Commerce Department, China’s National Bureau of Statistics, ConocoPhillips, Unilever, Duke Energy, Expedia, Warner Music Group, Tenet Healthcare, Richmond Fed, Pepsico, Honda Locations: Washington, Washington , DC, CAVA

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