Kraft Heinz will split into two listed companies, dismantling a packaged goods giant that never achieved the growth expected when it was formed a decade ago.
Read More Kraft Heinz splits, unwinding merger that never paid off
Category: Business
US oil production hit record high in June, EIA says
U.S. crude oil production hit a record high in June, rising 133,000 barrels per day to 13.58 million bpd.
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Ford recalls nearly 500,000 vehicles over brake fluid leak
A ruptured hose in the brake system might cause fluid to leak, lengthening stopping distances, which increases the risk of a crash, the report said.
Read More Ford recalls nearly 500,000 vehicles over brake fluid leak
Delta to pay $78.75 million to resolve fuel dump lawsuit
Delta agreed to pay $78.75 million to resolve a class action lawsuit over a 2020 fuel dump that doused tens of thousands of properties, including homes and schools.
Read More Delta to pay $78.75 million to resolve fuel dump lawsuit
US probes into more than 1.4 million Honda vehicles over engine failure
In a letter dated August 20, the regulator said it received 414 reports of the issue in various Honda and Acura vehicles’ 3.5-liter V6 engine.
Read More US probes into more than 1.4 million Honda vehicles over engine failure
Delta, United sued for selling windowless ‘window seats’
Delta and United were sued by passengers who claimed they paid extra money to sit in “window” seats, only to find themselves placed in seats next to a blank wall.
Read More Delta, United sued for selling windowless ‘window seats’