Business

Toyota recalls 162,000 trucks over faulty screens

NEW YORK — Toyota announced Friday it would recall about 162,000 pickup trucks in the United States after it was discovered that the vehicles' multimedia displays could compromise driver safety. The recall affects the company's model year 2024-2025 Tundra and Tundra Hybrid line of trucks. ...

Trump housing finance chief OKs more mortgage spending

WASHINGTON — President Donald Trump's federal housing finance director, Bill Pulte, quietly granted government-backed lenders the authority to nearly double a $200 billion bond purchase that Trump ordered to try to lower mortgage rates, a move that could introduce a new level of risk for the ...

TikTok finalizes a deal to form a new American entity

TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the United States that has been in discussion for years on the platform now used by more than 200 million Americans. The social video platform company signed agreements with major investors ...

Wall Street drifts as Intel tumbles and gold’s price rises to another record

NEW YORK — The U.S. stock market is drifting in mixed trading on Friday, as a zigzag week punctuated by loud threats and pullbacks heads toward a quieter close. The S&P 500 was mostly unchanged and remained on track to finish a second straight week with a modest loss. The Dow Jones ...

Under Armour looking into data breach affecting customers’ email addresses

BALTIMORE — Clothing retailer Under Armour is investigating a recent data breach that purloined customers' email addresses and other personal information, but so far there are no signs the hackers stole any passwords or financial information. The breach is believed to have happened late ...