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Business
Recall issued for more than 12K adult bed rails over entrapment, ‘risk of death’
More than 12,000 adult bed rails were recalled over entrapment hazards that could lead to serious injury or even death, according to the Consumer Product Safety Commission.…
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FedEx sues Trump administration for full tariff refunds after Supreme Court ruling on IEEPA
FedEx sued the U.S. government Monday, seeking a full refund of tariffs assessed under President Donald Trump’s order targeting imports. The lawsuit is one of the…
Anthropic accuses Chinese AI labs of ‘distillation attacks’ on its models
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Anthropic has accused three leading Chinese AI labs of…
American homebuyers gain most purchasing power since 2022
A new analysis finds prospective homebuyers have seen their purchasing power rise in the last year due to higher incomes and lower mortgage rates. Zillow published a report on…
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CarMax to pay $420K to resolve DOJ allegations over servicemember vehicle repossessions
The nation’s largest retailer of used cars, CarMax, will pay at least $420,000 to resolve allegations that it repossessed vehicles from U.S. service members without court…
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Volvo recalls over 40,000 electric SUVs worldwide over battery fire concerns
Volvo Cars is recalling over 40,000 of its flagship electric EX30 SUVs because of a risk of battery packs overheating and catching fire. The recall involves replacing modules…