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- Nearly 150,000 Ford vehicles recalled after defect raises risk of sudden power l...
Federal regulators announced a significant safety recall affecting nearly 150,000 Ford Mustang vehicles over a critical defect that could cause a sudden loss of engine power while driving. The recall, dated Aug. 25 and initiated by Ford, affects 148,663 vehicles manufactured between 2024 and 2026, according to the National Highway Traffic Safety Administration (NHTSA). The defect can cause the vehicles to suddenly stall and lose their ability to accelerate or maintain speed, drastically increasing the risk of a crash, officials said. "The engine compartment wiring harness ground connections may fracture and result in a loss of drive power," the notice said. BETTER BAKEHOUSE RECALLS CHOCOLATE-DIPPED DONUTS FOLLOWING ALLERGIC REACTION, MISLABELING ISSUEOfficials said the defect could also cause other essential vehicle components, including the headlights, windshield washing system, washer fluid pump, air conditioning system and engine cooling fan, to become inoperable. "An inoperable headlamp may reduce the driver’s visibility and/or make the vehicle less visible to other drivers, increasing the risk of a crash. An inoperable windshield washing system increases the risk of a crash," the notice said. Drivers may receive warning signs, including a Check Engine light, other dashboard warning messages or an audible warning chime, shortly before experiencing a sudden loss of power.KIA RECALLS 21,290 SUVS OVER AIRBAG ISSUE THAT COULD INJURE CHILDRENAccording to NHTSA, adhesive from the engine wiring, which was wrapped with adhesive-lined heat-shrink tubing, may have spilled over and contacted wiring terminals, or metal eyelets, that anchor the wires to the vehicle’s frame. The hardened adhesive may have prevented the metal eyelets from sitting flush against the engine surface, the notice said. The eyelets could then bend around the hardened adhesive when bolted down during manufacturing, creating stress points that make them more susceptible to breaking from engine vibrations. Once an eyelet fractures, the electrical connection can be lost, causing several critical vehicle systems to suddenly shut down. Approximately 1% of the recalled vehicles are estimated to contain the defect, according to the recall notice. The affected vehicles were manufactured between Sept. 7, 2022, and June 9, 2026. As of Aug. 18, 2026, Ford was aware of eight warranty claims, four of which occurred within three months of service. The company reported no accidents, injuries or vehicle owner questionnaires (VOQs) related to the defect.To address the safety issue, authorized Ford dealers will replace the faulty terminals with redesigned, stronger metal parts at no cost to vehicle owners. Dealers were notified Aug. 28, 2026, and official notifications are scheduled to… [TheTopNews] Read More.2 hours ago - Beloved toy retailer continues comeback with new California store as nostalgic s...Toys R Us is bringing its iconic toy aisles back to another American shopping mall as the once-dominant retailer continues a brick-and-mortar comeback that has nostalgic fans buzzing.A new location is coming to Northridge Fashion Center in California’s San Fernando Valley, joining a growing roster of Toys "R" Us stores opening across the country years after the chain shuttered its U.S. locations.The mall’s website lists Toys "R" Us as "Coming Soon," while the retailer’s website now shows more than 30 standalone and flagship locations nationwide.An opening date for the Northridge store has not yet been announced.RETRO PIZZA HUT DRAWS CUSTOMERS FROM HOURS AWAY AS 1980S NOSTALGIA SENDS SALES SOARINGNews of the latest location quickly caught the attention of longtime Toys "R" Us fans, with some calling for the retailer to lean into its nostalgic appeal and bring back toys from decades past."They should do retro toy section for us grown ups who were a kid so we can relive our childhood memories back in the day," one person commented on a post from What’s New SFV, a local social media page dedicated to happenings around the San Fernando Valley.Another commenter appeared ready for even more familiar retailers to make a comeback, writing, "Now bring back JoAnn's and Payless."DISNEYLAND FANS BEG FOR RETURN OF BELOVED '60S ATTRACTION SHUTTERED DECADES AGOThe Northridge opening marks the latest chapter in a yearslong effort to rebuild a brand that was once a fixture of American childhood.Toys "R" Us, which once dominated toy sales in the U.S., filed for Chapter 11 bankruptcy protection in 2017 after years of declining sales and under the weight of $5 billion in debt.The retailer shuttered its U.S. stores in 2018 before the brand re-emerged under new parent company Tru Kids Brands the following year.In November 2019, Toys "R" Us opened a nearly 6,000-square-foot, smaller-format store at Westfield Garden State Plaza in Paramus, New Jersey, marking its return to brick-and-mortar retail in the U.S. A second location followed at The Galleria in Houston, Texas.Both stores later closed in January 2021 amid the COVID-19 pandemic.A SPORTING GOODS GIANT IS GETTING INTO THE LUCRATIVE, EVER-EXPANDING SPORTS CARD BUSINESSBrand management firm WHP Global acquired a controlling stake in Toys "R" Us in March 2021 and has since worked to rebuild the retailer’s physical footprint.Later that year, Toys "R" Us opened a 20,000-square-foot flagship at American Dream in New Jersey.The comeback expanded further in 2022… [TheTopNews] Read More.2 hours ago
- Democrats revolt in New Jersey over AG trying to stop Paramount-Warner mergerHudson County, New Jersey, Democratic leaders are calling on Attorney General Jennifer Davenport to withdraw the state from its involvement in a lawsuit seeking to stop the merger between Paramount-Skydance and Warner Bros. Discovery.In an op-ed published by the New Jersey Globe, Bayonne Mayor Sharon Ashe-Nadowski, Hudson County Executive Craig Guy, state Sens. Raj Mukherji, Brian Stack and Angela McKnight, in addition to state Assembly members Jerry Walker, William Sampson, Ravi Bhalla, Katie Brennan, Larry Wainstein and Gabriel Rodriguez urged Davenport to withdraw from the lawsuit, citing potential economic benefits for the state.The officials wrote that while they trust Davenport's independent judgment, "The extraordinary stakes for New Jersey in this matter, however, give rise to this rare but consequential disagreement.""New Jersey has spent years building a film and television industry capable of competing with New York, California, Georgia and production centers around the world including the U.K., attracting transformational investments from Netflix and Lionsgate," the officials wrote. "Paramount has become a critical participant in that effort and has committed to establishing a substantial, long-term production presence in Bayonne."The group said the plan to develop 1888 Studios in Bayonne is the most consequential economic opportunity Hudson County has had in years.TRUMP, SCHIFF FORGE UNLIKELY ALLIANCE AS HOLLYWOOD BLEEDS JOBS"This is the creation of an entirely new economic ecosystem and a self-sustaining creative economy in our state: careers for electricians, laborers, carpenters, stagehands, technicians, artists, and countless others; new customers for our small businesses; and, critically, accessible pathways into a growing industry for young people and working families who too often have been excluded from the prosperity being created around them. Its economic reverberations will extend well beyond the studio gates," the Hudson County officials said.The project would bring in roughly $1.2 billion in capital expenditures in the Paramount campus, permanent soundstages and post-production facilities in the county, as well as permanent jobs, according to the officials.The Hudson County elected officials also raised concerns over the cost of the litigation.DAVID ELLISON BREAKS SILENCE ON PARAMOUNT-WBD MERGER FIGHT, CNN INSIDERS DON’T BUY ‘LIP SERVICE’ ABOUT NETWORK"We are increasingly concerned that New Jersey taxpayer dollars are being committed to litigation whose merits appear uncertain while its potential costs to the State and to our economy continue to escalate," they wrote. "After an exhaustive eight-month investigation involving review of more than 2 million documents, the U.S. Department of Justice concluded that the transaction was unlikely to harm competition in streaming, linear television,… [TheTopNews] Read More.3 hours ago
- Apple enters a new era as John Ternus takes over as CEOApple CEO John Ternus marked his first day in the top job at the tech giant on Tuesday, with the company embarking on a new era after former CEO Tim Cook stepped down from the role after 15 years.Cook, who will remain with Apple as the company's executive chairman, saw the diversification of its product offerings with the release of devices including the Apple Watch and AirPods, as well as its growth into services through offerings like Apple Pay.The company also saw explosive growth, becoming the first publicly traded U.S. company to surpass $1 trillion in market capitalization in 2018 – which has since surged to about $4.75 trillion.Ternus is an Apple veteran who has worked at the company since 2001, primarily in its product design and hardware engineering teams. He joined the executive team in 2021, and his tenure has involved designing and managing the hardware for Mac, iPad, iPhone, Apple Watch and Airpods, while he also oversaw the transition to in-house Apple Silicon chips across most of its major product lines.TIM COOK'S LAST DAY AS APPLE CEO: HOW HE LED THE TECH GIANT'S RISE TO $4TLeander Kahney, the editor and publisher of Cult of Mac and the author of six books about Apple, told FOX Business that he thinks it's "a great thing that he comes from a product background because he has that sort of product focus, and Steve Jobs obviously had that too… he was the consummate product guy.""I think there's a continuum between Jobs and Cook and now Ternus, and it's that focus on products," Kahney said. "John has worked on every major product that Apple has put out in the Tim Cook era, and he's deep in the weeds."Kahney said that Apple's focus on manufacturing allows it to make a range of consumer products, but that requires a "deep, deep expertise in how to make things, and Ternus definitely has that.""He's deeply invested in Apple culture, he knows how Apple works, he's got a great team of people around him," Kahney added.APPLE RAISES IPAD AND MACBOOK PRICES AS MEMORY CHIP COSTS SURGEOne area where Apple has been perceived by some observers as lagging in recent years was in the deployment of AI tools, particularly following the rollout of OpenAI's ChatGPT, Google's Gemini and other competing chatbots.Kahney said that Apple was moving much more slowly and taking a cautious approach to developing AI models, it… [TheTopNews] Read More.3 hours ago
- American Airlines adds $1,000 Trump Account match for workers’ childrenAmerican Airlines will match the federal government’s $1,000 contribution to Trump Accounts for eligible employees’ children as part of a new benefit launching in 2027, the carrier confirmed to FOX Business.The airline will make a one-time $1,000 contribution for each eligible child born between Jan. 1, 2025, and Dec. 31, 2028, who has established a Trump Account and qualifies for the federal government’s $1,000 contribution.The match applies on a per-child basis, meaning an employee with two qualifying children could receive two $1,000 federal contributions and two additional $1,000 contributions from the airline. The benefit will be available to all U.S.-based American Airlines employees.American will also allow eligible employees to direct up to $2,500 in pretax earnings each year into their dependent children’s Trump Accounts beginning in 2027.AMERICAN AIRLINES BETS BIG ON INTERNATIONAL TRAVEL WITH 7 NEW ROUTESApproximately one-third of American’s workforce has children who would qualify for a Trump Account and could therefore take advantage of the pretax contribution option, according to the airline. American did not provide an estimate of how many employees or children could qualify for the company’s $1,000 matching contribution.American Airlines Chief People Officer Cole Brown announced the new benefit to employees Monday, telling team members the airline was looking for additional ways to help them build long-term financial security for their families."American will support eligible team members who choose to participate in the new Trump Accounts program by matching the federal contribution," Brown said. "For eligible children born between 2025 and 2028 who have established a Trump Account, American will match the federal government's one-time $1,000 contribution with an additional one-time $1,000 contribution of our own."GOLDMAN SACHS TO CONTRIBUTE $1,000 TO TRUMP ACCOUNTS FOR ELIGIBLE CHILDREN OF EMPLOYEESThe airline said the benefit is part of a broader effort to give employees more ways to save for their children’s futures, alongside benefits including its 401(k) program, healthcare and career development resources.Trump Accounts, also known as 530A accounts, are tax-advantaged investment accounts for children. Eligible children born between 2025 and 2028 can receive a one-time $1,000 federal contribution after an account is established.Parents, guardians, grandparents and others can contribute up to $5,000 annually to the accounts until the year before the beneficiary turns 18, according to CNBC. The Treasury Department has also proposed regulations that would allow employees to fund dependent children’s accounts with pretax earnings directly from their paychecks.More than 50 companies have committed to contributing… [TheTopNews] Read More.3 hours ago
- Stan Kroenke buys controlling stake in MLB’s Los Angeles Angels
Kroenke Sports and Entertainment was valued at more than $26 billion in CNBC's most recent list of the world's most valuable sports empire. [TheTopNews] Read More.4 hours ago
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