Nearly two years after three young people died of smoke inhalation inside a burning Tesla Cybertruck in Piedmont California, as a friend struggled to open its doors, federal regulators are considering new safety requirements intended to prevent occupants from becoming trapped when electronic latches lose power.

The National Highway Traffic ...Read more

Hopes for an agreement to revive the Strait of Hormuz lifted stocks to all-time highs, bonds climbed and oil sank, with Wall Street’s enthusiasm also fueled by a batch of solid corporate earnings.

Both the S&P 500 and the Dow Jones Industrial Average rose to records. The Nasdaq 100 jumped 3.3%. Chipmakers saw their best four-day rally since ...Read more

Drivers and homeowners will have greater protections against insurance rate hikes after Gov. JB Pritzker on Tuesday signed legislation prohibiting excessive increases.

“It’s not asking too much to say to insurance companies, ‘If you’re telling your customers that rate hikes are necessary, you should be able to prove why,’” Pritzker ...Read more

Paramount Chairman David Ellison believes the tug-of-war over his proposed $111 billion purchase of Warner Bros. Discovery comes down to a single question: Can he be trusted to control CNN?

"I believe this fight is not really about market share," Ellison wrote in a Tuesday op-ed in The New York Times, noting that regulators around the world, ...Read more

MORGAN, Minn. — U.S. Secretary of Agriculture Brooke Rollins said farmers need to see more reductions in the price of fertilizer while promoting White House trade policies and the Make America Healthy Again movement Tuesday in a packed Minnesota barn.

Rollins’ remarks at Farmfest, a celebration of Minnesota agriculture, come as crop farmers...Read more

Spotify has officially hit a new record with 300 million premium subscribers.

In its second-quarter earnings report Tuesday, the Swedish streamer called it a "milestone no audio streaming service has ever reached." Spotify said premium subscribers grew 9% and its monthly active users climbed 12% to 777 million. Total revenue increased 14% to �...Read more

A jury has returned an $88 million verdict against Medtronic in a bellwether case over injuries allegedly caused by the company’s Covidien hernia repair mesh products.

The lawsuit, filed as part of multidistrict litigation in a Massachusetts federal court, was considered a bellwether case for similar litigation Medtronic faces over the hernia...Read more

SEATTLE — Zillow announced Tuesday it’s cutting 7% of its workforce, as a lukewarm housing market continues to weigh down its real estate business.

Just over 500 employees will leave the real estate giant, which is based in Seattle but employs remote workers nationwide.

CEO Jeremy Wacksman said in a statement on Zillow’s website that the...Read more

DETROIT — Ford Motor Co. reported a more than 10% decrease in U.S. sales year-over-year for July from the impacts of the Escape crossover's cancellation and continued weakness in F-Series inventory due to an aluminum shortage.

But the Dearborn automaker's U.S. sales director said the "decline is by design." Although the absence of the compact...Read more

MINNEAPOLIS — For years a rallying cry at hay-baled farm conferences and rural political stages in swine country has energized crowds: Don’t let California dictate how American farmers, particularly in the Upper Midwest, raise pork.

But as tens of thousands of crop and livestock farmers convene Tuesday at a field near Redwood Falls for ...Read more

Paramount Chairman David Ellison believes the tug-of-war over his proposed $111 billion purchase of Warner Bros. Discovery comes down to a single question: whether he can be trusted to control CNN.

"I believe this fight is not really about market share," Ellison wrote in a Tuesday op-ed in the New York Times, noting that regulators around the ...Read more

Prices of existing homes rose in 80% of U.S. metropolitan areas in the second quarter, as home values pick up pace after several months of weakness.

The figure is up from 71% that saw year-over-year increases in the first quarter, National Association of Realtors data released Tuesday showed. By region, the Northeast — where the supply of ...Read more

Treasury Secretary Scott Bessent characterized U.S. support for Friday’s yen intervention as a sign that President Donald Trump’s government “delivers for America’s trusted partners.” Perhaps. The more plausible reading? The administration is growing increasingly uneasy with its own climbing borrowing costs and wants to avoid forced ...Read more

MINNEAPOLIS — When John Ghingo was 14, he started dishwashing at his hometown seafood restaurant in New York. Over eight years, he climbed the ranks to front-of-house manager.

The incoming CEO of Hormel Foods, now 53, met his wife there. Now, he encourages his children to work restaurant jobs.

“It’s hard work serving people food every ...Read more

Today’s children could be the first generation since the 1970s to do better than their parents as young workers become more sought after and well paid. They may even see a surplus of housing to make their lives even easier after recent shortages.

An abundance of young workers will turn into an undersupply by 2040, with better pay and a ...Read more

SACRAMENTO, Calif. — A bill aimed at reducing artificial intelligence surveillance in workplaces has led to fierce debate between competing interest groups.

Proponents of the legislation say the surveillance violates workers’ right to privacy and can be discriminatory. Opponents say the tools that would be banned by the measure are part of ...Read more

SACRAMENTO, Calif. — Goats have become a familiar sight on California hillsides, munching through weeds and brush before they can become fuel for wildfires. But the companies that put those herds to work said a change in state labor rules have made goat grazing too expensive to continue.

The labor rule in question was a temporary state law ...Read more

Michigan health authorities were in touch with Taco Bell’s parent company, Yum! Brands Inc., about a parasitic outbreak in early July, weeks before the company officially alerted consumers.

The Michigan Department of Health and Human Services held a call with Yum on July 2 to discuss cyclospora, according to documents obtained by Bloomberg ...Read more

DETROIT -- The National Highway Traffic Safety Administration on Monday upgraded a defect investigation in older Ford cars and SUVs over what it believes to be "unreasonable risk to motor vehicle safety."

Of concern is a risk that the timing belt may fail and cause the vehicles to lose power. The U.S. auto safety regulator opened the ...Read more

U.S. and Japanese officials warned investors they’re determined to keep defending the yen after jolting currency markets with their first joint intervention in 15 years.

It’s still unclear how much Washington spent to help lift the yen from its four-decade low. But the currency’s rebound points at interventions larger than in 1998 and ...Read more