Business

Tesla recalls some Cybertrucks and more than 200,000 other cars

Tesla is recalling 173 Cybertrucks because cracking in the rotor could cause the wheel stud to separate from the wheel hub, increasing the risk of a crash and injury. The recall includes model year 2024-2026 Cybertrucks with 18-inch steel wheels. In its report, the National Highway Traffic ...

US stocks rise to records after a solid jobs report overshadows oil prices

NEW YORK — The U.S. stock market rose to records Friday following the latest sign that the nation's job market is doing better than economists expected. The S&P 500 climbed 0.8% to an all-time high after a report said U.S. employers added 115,000 more jobs than they cut last month, even ...

US stocks fall from their records as oil prices yo-yo

NEW YORK — U.S. stocks fell from their records Thursday after oil prices yo-yoed as Wall Street waits to see whether its hopes for a deal to end the Iran war are warranted or just wishful. The price for a barrel of Brent crude oil settled at $100.06, down 1.2%, and continued its decline ...

FEMA tells court it is offering jobs back to employees who were let go in January

An attorney representing the Trump administration informed a U.S. District Court Friday evening that the Federal Emergency Management Agency has begun offering new appointments to disaster workers whose contracts the agency did not renew in January, reversing a controversial decision that ...

Spirit Airlines shuts down as company says it can’t keep up with higher oil prices

WEST PALM BEACH, Fla. — Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced Saturday that it has gone out of business after 34 years. The ultralow cost airline that once operated hundreds of daily flights on its bright yellow ...