Starbucks CEO Howard Schultz revealed that they have been working on a very exciting new digital initiative that builds on our existing industry-leading digital platform in innovative ways.
The company's reported operating profit fell by 17.7 percent in the second quarter as unfavorable mark-to-market effects and negative currency translation more than offset the robust net sales growth.
Pfizer buys Global Blood to have another source that will increase its annual profits as a slowdown in COVID medicine demand is expected.
KT Telecom and Turk Telekom expand their partnership through a new deal that follows their agreement in March.
Eli Lilly is setting up an extension HQ outside of its home ground in Indiana after the state signed the new abortion law.
Elon Musk said his buyout deal may go ahead, but Twitter must provide him with information on verifying fake users.
Honda issues recall for 725,000 SUVs and trucks in the US
Honda recalls around 725,000 units of vehicles after the discovery of an issue with the hoods. It was reported that the mentioned car part could pop open without warning while on the road.
Honda said the issue affects its 2016-2019 Pilot mid-size SUVs with model years 2016 to 2019, Honda Passport SUV 2019, and its Ridgeline trucks with model years of 2017 to 2020. All the models being recalled are units sold in the United States only.
The recall was also confirmed by the U.S. Department of Transportation's National Highway Traffic Safety Administration, and it already released an official notice last weekend.
As posted on NHTSA's notice, the "hood latch striker may become damaged and separate from the hood, which can result in the hood opening while driving." Honda said that if this happened, the hood may block the driver's view, and the risk of a crash is heightened.
The traffic safety office indicated that the remedy for this issue is either a repair to the hood latch striker or a total replacement of the hood if needed. The works should be done at an authorized Honda dealer, and owners of the recalled vehicles do not have to pay anything.
Vehicle owners will be receiving a mailed notice from Honda by Jan. 17, 2022. They may also directly contact the carmaker's customer service at 1-888-234-2138 if they have queries.
CBS News noted that owners of the affected Honda models must not ignore any noise or vibration on the hood while driving. This is because it may be an indication that the hood latch has become loose, and may lead to the sudden opening of the hood.
"Gaps in the front seal between the hood and the grill allow for air entry, potentially resulting in hood vibration at highway speeds," CBS News quoted Honda as saying in a separate notice. "Honda Over time the hood vibration could form stress fractures along the hood latch striker and separate the hood latch striker from the hood. A separated hood latch striker may allow the hood to open, obstructing the driver's view and increasing the risk of a crash."
Honda said there is no report of crashes or injuries yet related to the issue with the hood. Finally, while this recall is for U.S. only, it was said that worldwide, more than 55,000 more units are also covered in the recall.