One injury and 146 warranty claims have been reported, according to federal regulators Honda is recalling more than 635,000 vehicles in the U.S. because of a software defect that could cause drivers to lose power steering assistance, increasing the risk of a crash.
These are the opening lines of Fox Business's article, quoted as published. The full story is at Fox Business.
Nvidia has lost around $430 billion in market value since the spying scandal broke, and its board has hired former acting U.S. Attorney Joon H. Kim and the law firm Wachtell, Lipton, Rosen & Katz for an independent investigation. The probe will look into CEO Jensen Huang's affair with a woman U.S. officials believe is a Chinese spy; Beijing denies running any espionage operation.
PepsiCo plans to cut about 1,000 jobs across its North American food and beverage operations, first reported by The Wall Street Journal, after lowering its 2026 earnings outlook in October on weaker beverage volumes, softer snack demand and higher costs. An internal letter from PepsiCo North America CEO Ram Krishnan says the changes aim to simplify the structure and speed up decisions.
JetBlue shares are up 40% this month after hitting a record low on a report that bondholders hired restructuring advisors; CEO Joanna Geraghty told CNBC the airline has no plans to file for bankruptcy. JetBlue is betting on premium travel, unveiling its new BlueFirst domestic first-class seats at JFK on Wednesday ahead of flights with them starting next month.
ExxonMobil, which left Venezuela almost two decades ago, signed a non-binding memorandum of understanding with the Venezuelan government and state oil company PDVSA to examine oil exploration and production opportunities. CEO Darren Woods called the country "uninvestable" in January, but Venezuela has since overhauled its petroleum law to give private companies more control and reform taxes and royalties.
