
Chrysler agrees to recall of Jeeps at risk of fire
After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions.
Wednesday, June 19, 2013

After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions.

U.S. stocks moved higher Tuesday, helped by news of a pickup in home building and low inflation. But the Federal Reserve loomed large, with investors trying to guess what the central bank will say Wednesday about how long it plans to keep stimulus programs in place. For many, the market was in a holding pattern as investors waited for Wednesday's announcement.

A group representing 225,000 U.S. doctors called for a ban on marketing energy drinks such as Red Bull and Monster to youths. On Tuesday the American Medical Association, in a vote at its annual policy meeting in Chicago, endorsed a policy that called for limiting how the caffeinated beverages are sold to those younger than 18.
The wearable computer that can take pictures and videos and share information via the Internet poses potential concerns that need to be discussed with regulators, watchdogs from the European Union, Switzerland, Canada, Australia, New Zealand and Mexico said in a letter to Google chief executive Larry Page.
The move is part of the company’s previously announced closure of a Virginia facility that makes hot dogs and deli meat.

The probe covers 205,000 vehicles, including Grand Vitaras, from the 2006 through 2011 model years and SX4s from 2007 through 2011. Investigators will check to see if the problems are bad enough to cause a recall.
The Labor Department said the rise in the Midwest consumer price index stemmed largely from a jump in motor fuel prices.

In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching fire in rear-end collisions.
Yes, it took a while, and yes it’s still officially springtime, but summer’s heat is here. And the first electricity bill of the season isn’t far behind.
U.S. safety regulators said Tuesday that they are investigating problems with air-bag sensors in the seats of some small Suzuki SUVs.

Starbucks has a new way to wake up its customers: showing the calories in its drinks.

U.S. consumer prices rose slightly last month, as higher energy costs partly offset cheaper food. The small increase is further evidence that consumers are benefiting from mild inflation.
General Motors is recalling more than 193,652 SUVs from the 2006 and 2007 model years because a circuit board in the driver's door could short and cause a fire.

Is the era of ultra-low interest rates nearing an end?
Word, PowerPoint and Excel are now available on your smartphone.
Federal Reserve policymakers begin a two-day meeting on Tuesday.

Millions of young workers in their first job — either on a company’s payroll or as a fledgling self-employed business tycoon — will have tax issues to consider this summer.

It is recalling more than 18,000 Acura RSX compact cars from 2006 and the Honda S2000 sports car from 2006 and 2007, part of a broader recall of 104,500 cars in 49 countries worldwide.
Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market
Kansas City Southern, Cerner,Garmin, O’Reilly Automotive lead the way as the stock market rallied on positive news about the economy.
The maker of heavy equipment said it will no longer give money to the Boy Scouts of America because the organization doesn’t allow homosexuals to serve as adult leaders.
Nationally, the number of homes facing foreclosure actions — bank repossessions, default notices and scheduled auctions — fell 28 percent in May from a year earlier, according to a report by RealtyTrac. Kansas and Missouri reported declines.
Honda is recalling 104,500 cars in 49 countries worldwide to fix problems with the brakes.
American Airlines expects to add more seats to some of its planes, which could mean less leg room for passengers.

Americans stepped up purchases at retail businesses in May, spending more on cars, home improvements and sporting goods. The gain shows consumers remain resilient despite higher taxes and could drive faster growth later this year.