OpenAI Hires Former Meta and Apple AI Leader Ruomin Pang Amid Intensifying AI Talent War 
Strait of Hormuz Oil and LNG Shipments Disrupted After U.S.-Israel Strikes on Iran 
Hyundai Motor Group to Invest $6.26 Billion in AI Data Center, Robotics and Renewable Energy Projects in South Korea 
Nintendo Share Sale: MUFG and Bank of Kyoto to Sell Stakes in Strategic Unwinding 
Trump Warns Iran as Gulf Conflict Disrupts Oil Markets and Global Trade 
Oil Prices Steady as US-Iran Nuclear Talks and Rising Crude Inventories Shape Market Outlook 
Panama Investigates CK Hutchison’s Port Unit After Court Voids Canal Contracts 
Bank of Korea Holds Interest Rate at 2.50% as Growth Outlook Improves Amid AI Chip Boom 
Strait of Hormuz LNG Crisis Triggers Global Energy Market Shock 
Stock Market Movers: Dell, Block, Duolingo, Zscaler, CoreWeave, Autodesk, Rocket, MARA 
Gold Prices Steady in Asia, Set for Strong February Gains on Safe-Haven Demand 
Samsung and SK Hynix Shares Hit Record Highs as Nvidia Earnings Boost AI Chip Demand 
Gold Prices Rally in February as Geopolitical Risks and Economic Uncertainty Boost Safe-Haven Demand 
Samsung Electronics Stock Poised for $1 Trillion Valuation Amid AI and Memory Boom 
Middle East Airspace Shutdown Disrupts Global Flights After U.S.-Israel Strikes on Iran 
Pentagon Weighs Supply Chain Risk Designation for Anthropic Over Claude AI Use 
Boeing Secures $166.8 Million U.S. Navy Contract for P-8A Engineering and Software Support 
Fiat Chrysler announces recalls for Ram trucks, and over half a million units are affected. It was reported that the recall is due to an issue that may result in the vehicles’ wheels getting detached and falling off.
The models that are needed to be fixed
As per ABC News, Fiat Chrysler, which is now owned by Stellantis, said last weekend that it would recall some models of the Ram trucks to do the necessary repairs and fix the problem. Based on the announcement, the automaker will be recalling Ram 3500 pickups, Ram 4500 Trucks, and 5500 cab chassis vehicles.
The model date covers units from 2021 to 2021, and these are said to be mainly sold in North America. It was explained that the said models have dual rear wheels and flanged lug nuts that could loosen up and may possibly lead to wheel detachment.
It was reported that some of the service and owner's manuals for the Ram trucks had incorrect torque descriptions for securing the lug nuts that hold the wheels in place to the hubs. It turned out that tightening these nuts too much could damage the wheel studs, and if this happens, the wheels could come off.
Fortunately, there is no report of crashes or injuries yet due to the mentioned issue with the Ram Trucks. Then again, Fiat Chrysler said that the wheels were properly tightened when they were sold, so most likely, the affected units are just those that have had the wheels removed and reattached for service.
Fiat Chrysler's voluntary recall
The automaker voluntarily recalled some of the Ram truck models, and the FCA US further said it would advise the owners when the service will become available. The company also said that if there are other questions or concerns about the issue, they may simply call 1-800-853-1403.
"There is no component defect and torque applied during vehicle assembly is within specification, so the recall condition may only be present in vehicles that have been subject to wheel-removal as part of a service or upfit procedure," Stellantis stated in a press release. "Dealers are currently in possession of correct service instructions, and production vehicles are now being delivered with updated owner’s manuals. The campaign is limited to vehicles equipped with dual rear wheels and flanged lug nuts."
