Business

Waymo pauses freeway robotaxi routes after safety and software concerns

Waymo is temporarily halting freeway operations for its robotaxi service in several U.S. markets as the company works to address performance issues in construction zones, FOX Business has learned. The Alphabet-owned company confirmed Thursday that it was pausing freeway operations while updating its software.”Safety is Waymo’s top priority, both for…

Mortgage rates jump as inflation fears, Iran war weigh

Mortgage rates jumped this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage climbed to 6.51% from last week’s reading of 6.36%. The average rate on a 30-year loan was 6.86% a year ago.…

Hyundai recalls more than 54,000 Elantra hybrids over potential fire risk

Hyundai Motor Company is recalling more than 54,000 Elantra Hybrid vehicles in the U.S. due to a defect in the hybrid power system that could overheat and spark a fire, federal regulators said. The recall covers certain 2024–2026 Hyundai Elantra Hybrid models. About 54,337 vehicles are being recalled, though Hyundai…

Jell-O gets MAHA makeover with new dye-free, lower-sugar product line

Kraft Heinz is bringing a cleaner-label makeover to one of America’s most iconic desserts. The company announced Tuesday that it is launching Jell-O Simply, a new line of gelatin products made without artificial sweeteners or FD&C artificial colors, as consumers increasingly seek foods with simpler, more recognizable ingredients. The updated recipe…

Trump makes major investment in trendy revolving sushi chain

President Donald Trump has invested millions of dollars into the popular revolving sushi chain Kura Sushi USA. The purchase was among a series of investments Trump made in early 2026, according to a report detailing his financial transactions. The document, signed by Trump on May 8, was released last Thursday…

Stellantis unveils B turnaround strategy with 60 new models

Stellantis on Thursday announced a $70 billion turnaround strategy that aims to refocus the automaker on core brands, partnerships and more efficient use of factory capacity. The investment is over five years and includes the production of 60 new models by 2030, including a mix of internal combustion engine, hybrid…