Business

Toyota recalls 73K hybrid vehicles over pedestrian warning sound issue

Toyota is recalling more than 73,000 hybrid vehicles over a pedestrian warning sound issue, according to the National Highway Traffic Safety Administration (NHTSA). Certain 2023–2025 Toyota Corolla Cross Hybrid vehicles are affected by the recall effort because they do not make a loud enough sound while in reverse, making it…

Oracle hires new CFO with 0K salary as thousands face layoffs

Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, joining Oracle from French industrial conglomerate Schneider Electric where she served in the same role. Oracle said…

Housing market gaining momentum as spring season begins

The U.S. housing market accelerated in March despite elevated mortgage rates reducing some of the affordability improvement the market had recently seen, according to a new report. Zillow released its market report for March which found that newly pending home listings increased 4.6% from a year ago in March.That increased…

Wawa recalls 4 drink products over undeclared allergen

Convenience store chain Wawa is recalling certain company-branded drinks due to an undeclared milk allergen. The recall affects 16-ounce bottles of Wawa Iced Tea Lemon, Wawa Iced Tea Diet Lemon, Wawa Diet Lemonade and Wawa Fruit Punch. All four drinks are produced by the Wawa Beverage Company.Wawa said in a…

Jamie Dimon warns Iran war could drive inflation, interest rates higher

JPMorgan Chase CEO Jamie Dimon warned in his annual letter to shareholders that the war in Iran could lead to more stubborn inflation as well as higher interest rates than what the market is currently anticipating. Dimon’s letter was released Monday in conjunction with JPMorgan’s annual report for 2025 and…

China could target US homeland if Iran conflict escalates, expert warns

Unidentified, sophisticated drones flying over a handful of U.S. military bases could be a warning sign from China, Gordon Chang warned Monday, suggesting Beijing could target the American homeland if the U.S. becomes more involved in its conflict with Iran. “The important point here is that we have had, last…