General Motors is recalling more than 270,000 Chevrolet Malibu vehicles in the U.S. because the rearview camera screen may display a distorted or blank image.
MEXICO CITY (AP) – Mexican President Claudia Sheinbaum on Wednesday announced plans to tap into unconventional natural gas deposits in an effort to lower her country’s reliance on foreign energy at a time when the Iran war is disrupting global energy markets.
HONG KONG (AP) – A subsidiary of a Hong Kong-based conglomerate started arbitration proceedings against Danish logistics and port group Maersk, accusing the company of aligning with Panama in a scheme to take over its port operations on the Central American country’s critical canal.
Excerpts from recent editorials in the United States and abroad:
WASHINGTON (AP) – The head of the Environmental Protection Agency on Wednesday defended his decision to repeal the legal determination that serves as the basis for federal rules to slow climate change, telling a gathering of climate change skeptics they should “celebrate vindication.”
OIAPOQUE, Brazil (AP) – On a recent morning, Reginaldo Nunes Fonseca smoked cigarettes from the porch of his friend’s wooden shack, watching the rain come down hard in an area now known as Nova Conquista – New Conquest – where pristine rainforest in Brazil’s Amazon stood a year ago.
Activist investor Bill Ackman’s Pershing Square Capital Management is offering to purchase Taylor Swift and Bad Bunny’s music label, Universal Music Group, in a cash-and-stock transaction valued at approximately $64 billion. The proposed deal would involve Universal Music merging with Pershing Square SPARC Holdings, an acquisition company approved by the Securities and Exchange Commission in 2023.
Southwest Airlines is raising checked baggage fees by $10, less than a year after ending its “bags fly free” perk that long set it apart, as jet fuel costs have jumped since the start of the Iran war. Customers checking one bag will pay $45 starting on Thursday, while a second will now cost $55, according to Southwest.
NEW YORK (AP) – Deere & Co. has agreed to pay $99 million as part of a settlement that would resolve a class action lawsuit accusing the farm equipment giant of monopolizing repair services. The Moline, Illinois-based manufacturer, which does business under the John Deere brand, has faced a handful of “right to repair” complaints over the years.
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