Ikea warned of delays on some products due to the mass diversion of shipping containers from the Red Sea over safety concerns. “The situation in the Suez Canal will result in delays and may cause…
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Business
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Less than one-sixth of homes listed in the U.S. between January and November were affordable for a typical household, according to Redfin. The real estate brokerage says 352,500 homes, or 15.5% of the total that…
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The U.S. Consumer Product Safety Commission announced the recall of about 319,000 PowerXL air fryers following 41 reports of the products breaking during use and, in some instances, causing burns. On Dec. 14, Empower Brands recalled two models of…
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Business
Honda recalls thousands of Honda CR-V hybrids over electrical issue that could lead to fires
Honda is recalling about 106,000 CR-V hybrid sport-utility vehicles for model years 2020 through 2022. At issue is a 12-volt battery cable that may be missing a fuse, potentially causing the cable to short-circuit or…
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The explosion of “Buy Now, Pay Later” services has set off alarms that consumers are desperate, rushing into the largely unregulated installment loans after running out of mainstream credit options. While that’s the case for…
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Business
Target blamed theft and violence for 9 store closures. Crime is higher at locations it kept open nearby
On Sept. 26, Target set off a national firestorm when it said it would close nine stores in four states because theft and organized retail crime had made them too dangerous to run. On its face, Target’s announcement…
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Business
TGI Fridays-branded chicken bites sold at grocery stores nationwide recalled due to plastic contamination
Approximately 13 tons of TGI Fridays-branded chicken sold at major U.S. grocery stores is being recalled after consumers complained of finding pieces of plastic in the product. The U.S. Department of Agriculture said Friday that…
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Business
Southwest Airlines and pilots’ union reach preliminary labor deal after years of contentious talks
Southwest Airlines and its pilots’ union have reached a new preliminary labor agreement, ending months of tense negotiations and becoming the last of the largest U.S. airlines to strike a deal that is set to give…
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Toyota Motor said on Wednesday it will recall 1.12 million vehicles worldwide because a short circuit in a sensor could cause air bags not to deploy as designed. The recall covers 2020 through 2022 model year…
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The Internal Revenue Service announced Tuesday that some tax filers who faced late-pay penalties for tax years 2020 and 2021 will have those penalties waived. The waiver will apply to filers with assessed tax bills of…