Business and Economic News

Kia and Hyundai recall more than 3 million vehicles due to the risk of fire
More than 1.6 million Hyundais and 1.7 million Kias are at risk of engine compartment fires. Owners of the affected vehicles are urged to park them outside and away from homes and buildings.
Writers will return to work on Wednesday, after union leadership votes to end strike
The 148-day Hollywood writers strike ended just after 12:01 a.m. PT on Wednesday, thanks to a new three-year deal the Writers Guild of America made with major Hollywood studios.
Striking autoworkers draw support from other unions in Plymouth
About 100 people gathered Tuesday outside a Stellantis parts distribution center in Plymouth, as union allies joined striking auto workers. Many said they were glad to see President Joe Biden taking their side as he visited a picket line in Michigan.
Why many business owners would love it if you stopped using your credit card
The fees merchants pay for accepting credit cards are much higher in the U.S. than in Europe. Ice cream shop owner Victor Garcia, for example, paid more than $25,000 in swipe fees last year.