Industry

GM recalls over 90,000 vehicles due to a transmission defect in Cadillac and Camaro models, increasing crash risk.

Whole Foods recalls Mac & Cheese Bites over hidden egg and meat ingredients, urging refunds for affected products.

ixue Bingcheng surpasses Starbucks and McDonald's to become the largest food and beverage chain globally.

Treasury Secretary Scott Bessent says a financial crisis was inevitable without intervention, as Trump's policies aim to stabilize the economy.

Dollar General plans to close nearly 100 stores as part of a strategy to streamline operations and adapt to shifting market conditions.

Apple and Meta face potential EU fines for not complying with the Digital Markets Act, aimed at limiting their market dominance.

CoreWeave secures an $11.9B contract with OpenAI ahead of its 2025 IPO, boosting its market position in AI infrastructure.

Trump acknowledges economic challenges and the need for time to see benefits from his tariff policies.

Trump signs executive order to establish a US Bitcoin Reserve, marking a key step in crypto's mainstream adoption.

Paramount's $8B merger with Skydance moves forward, but a rival bid may still challenge the deal after a judge's ruling.

Ontario cancels its $100 million Starlink contract amid escalating US-Canada trade tensions.

Jack Daniel's maker Brown-Forman criticizes Canada's liquor ban, calling it a "disproportionate" response to US tariffs.

Seven & i Holdings names a new CEO and announces a business revamp to fend off a $47 billion takeover bid.

CFPB drops lawsuit against major banks over Zelle fraud as federal enforcement actions decline under Trump.

GM Issues Major Recall Over Transmission Defect in Cadillac, Camaro Models