Business

Dog treats recalled over fears of salmonella contamination, FDA says

The Food and Drug Administration announced Tuesday a recall of bags of certain dog treats over concerns about potential salmonella contamination. Elite Treats, based in Florida, issued a recall of a single lot of 6-ounce bags of Elite Treats Chicken Chips for Dogs, according to the FDA.The recalled bags have…

Trump eyes bank citizenship checks amid immigration crackdown: reports

The Trump administration is mulling an executive order or a different action that would have banks collecting citizenship information from their customers, according to reports. The Wall Street Journal reported Tuesday that Treasury Department officials have discussed steps that could have banks gathering citizenship information from customers in a move…

Spirit Airlines reaches deal to exit bankruptcy proceedings by early summer

Spirit Airlines announced Tuesday that it reached a deal with lenders that will allow it to exit bankruptcy by the late spring or early summer. The low-cost carrier filed for its second bankruptcy in August 2025 amid mounting losses and dwindling cash reserves. Spirit first filed for Chapter 11 bankruptcy protection…

Ford recalls over 412,000 vehicles over suspension issue

Ford is recalling more than 450,000 vehicles in the U.S. in two separate actions over safety issues that federal regulators say could increase the risk of a crash. The largest recall covers 412,774 model year 2017-2019 Ford Explorer SUVs due to a rear suspension toe link that can fracture, potentially…

Novo Nordisk to slash list prices of Ozempic, Wegovy by up to 50%

Novo Nordisk on Tuesday announced plans to cut the list price of its popular diabetes and weight-loss drugs Ozempic and Wegovy by as much as 50% in the U.S. next year. The Danish drugmaker indicated the price cuts will be effective on Jan. 1, 2027, and the timing will coincide with…

Public Storage relocates headquarters from California to Texas

Public Storage is relocating its headquarters from California to Texas, becoming the latest major corporation to shift its official base to the Lone Star State as it rolls out a leadership transition and long-term growth strategy. The S&P 500 self-storage real estate investment trust said its headquarters will move to…