DETROIT—The U.S. government is turning up the pressure on ARC Automotive to recall 67 million potentially dangerous air bag inflators by ordering the company to answer questions under oath and threatening fines if it doesn’t respond. The National Highway Traffic Safety Administration (NHTSA) argues that the recall is justified because two people have been killed in…
US Turns Up Pressure on Air Bag Inflator Company That Refuses a Recall Despite Deaths, Injuries
Ukraine Says Russia Increased Gas Pipeline Pressure Without Prior Notice
July 26, 2022
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Russian gas giant Gazprom has sharply increased pressure in the pipeline that delivers Russian gas to Europe without prior notice, the Ukrainian state pipeline operator company said on Tuesday. Such pressure spikes could lead to emergencies including pipeline ruptures, and pipeline operators are obliged to inform each other about them in advance, the Ukrainian company…
Ford Recalls 2,900 EV F-150 Lightning Pickup Trucks
Ford Motor Co. said Monday it will recall about 2,900 F-150 Lightning trucks because a software issue may result in a failure to provide adequate warning of low tire pressure. The recall is the first for the Ford electric pickup truck. Ford said the trucks tire pressure monitoring system light may not illuminate when intended…
Musk Says Tesla, SpaceX Face ‘Significant’ Inflationary Pressure
March 14, 2022
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Tesla Inc. Chief Executive Officer Elon Musk said the U.S. electric carmaker and his rocket company SpaceX are facing significant inflationary pressure in raw materials and logistics. Musk in a tweet on Sunday also asked about inflation rate outlook and said his companies “are not alone,” retweeting an article saying the Ukraine-Russia conflict sent commodity…
How to Make Pressure Work for You
By Aytekin Tank Opinions expressed by Entrepreneur contributors are their own. You’re reading Entrepreneur United States, an international franchise of Entrepreneur Media. Pressure gets a bad rap. Too much can lead submarines to implode, cookers to burst, and otherwise level-headed professionals to sob in office bathroom stalls. Given these potential negative side effects, it’s not…
Cisco Forecasts Growth From Software Shift, but Chip Prices Pressure Profits
Cisco Systems Inc. on Wednesday forecast that within four years, about half its revenue will come from software and other recurring sales, but its chief financial officer told Reuters high chip prices in its hardware business will keep pressuring overall profits. Cisco is the biggest maker of networking gear for data centers and corporate campuses,…
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