The quality of new vehicles has been declining in the United States since 2021 as factors such as growing use of technology and lower build quality of certain parts are making the models more “problematic,” according to automotive consultant J.D. Power. Some of the worsening issues involve basic parts of the car, such as audio…
New Vehicle Quality Declines as Tech Use Grows, Study Shows
The quality of new vehicles in the United States has been declining since 2021 as factors such as the growing use of technology and lower build quality of certain parts are making the models more “problematic,” automotive consultant J.D. Power says. Some of the worsening issues involve basic parts of the car, such as audio…
Wall Street Kicks Off Week on Mixed Note as Rate Worries Persist
Wall Street opened mixed on Monday, pressured by investor fears the Federal Reserve’s aggressive monetary tightening will hurt the U.S. economy and a decline in Pfizer after its decision to drop the development of a weight loss drug. The Dow Jones Industrial Average (.DJI) rose 3.36 points, or 0.01 percent, at the open to 33,730.79….
Stock Market Today: Global Shares Decline After Armed Rebellion Quelled in Russia
June 26, 2023
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TOKYO—Global shares mostly fell Monday after a short-lived armed rebellion in Russia added to uncertainties over the war in Ukraine. France’s CAC 40 dipped 0.4 percent in early trading to 7,135.23. Germany’s DAX slipped 0.2 percent to 15,797.27. Britain’s FTSE 100 fell 0.8 percent to 7,403.10. The futures for the Dow Jones Industrial Average and…
Tainted PwC Partners and Staff to Be Publicly Named
All PwC partners and staff found to have done wrong will be named once an investigation into the tax advice scandal is over, an inquiry has been told. The revelation came as PwC’s acting chief executive Kristin Stubbins said offloading the firm’s government consultancy business and appointing a new CEO showed its commitment to accountability. PwC…
Twitter Faces Millions in Fines After New ‘Disinformation’ Laws Released in Australia
June 25, 2023
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Elon Musk’s Twitter and other social media giants face the prospect of billions in fines after the Australian government released new laws targeting “misinformation and disinformation.” Following a months-long process, Communications Minister Michelle Rowland released the draft legislation that will grant the country’s media regulatory body, the Australian Communications and Media Authority (ACMA), greater powers…
Musk’s Twitter Faces Millions in Fines After New ‘Disinformation’ Laws Released in Australia
June 25, 2023
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AustraliaBusiness & MarketsCompaniesDavid ColemandisinformationElon MuskInternationalMedia & Big TechMichelle RowlandmisinformationSocial MediaTechTech NewsTwitterUSUS NewsWorld
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Elon Musk’s Twitter and other social media giants face the prospect of billions in fines after the Australian government released new laws targeting “misinformation and disinformation.” Following a months-long process, Communications Minister Michelle Rowland released the draft legislation that will grant the country’s media regulatory body, the Australian Communications and Media Authority (ACMA), greater powers…
Ford Explorer Recall Prompts Transportation Department Investigation
SAN FRANCISCO—The National Highway Traffic Safety Administration (NHTSA) is investigating a Ford Motor Co. recall of more than a quarter-million Explorer SUVs in the United States after receiving complaints about repairs intended to prevent the vehicles from unexpectedly rolling away even while placed in park. The problem, ascribed to fractures of a rear axle mounting…
Twitter Undergoes ‘Stress Test’ For New Censorship Regulations in Europe
June 25, 2023
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EU Commissioner Thierry Breton has visited Twitter’s headquarters to check on the company’s progress in complying with the European Union’s pro-censorship Digital Services Act (DSA), set to be implemented in August. “Twitter is the 1st platform to undergo a ‘stress test’ to prepare for #DSA. The company is taking this exercise very seriously. Constructive dialogue…
Twitter Put Under ‘Stress Test’ for New Censorship Regulations in Europe
June 25, 2023
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European Commissioner Thierry Breton has visited Twitter’s headquarters to check on the company’s progress in complying with the European Union’s pro-censorship Digital Services Act (DSA), set to be implemented in August. “Twitter is the 1st platform to undergo a ‘stress test’ to prepare for #DSA,” Breton said in a June 23 tweet. “The company is taking this…
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