Recall comes after Chinese authorities said it would ban hidden car door handles commonly seen on Tesla models Tesla and other carmakers are making a major recall of more than 4m vehicles in China over safety concerns mostly related to their door handles, according to Chinese authorities on Friday. The US carmaker is recalling about 2.98m China-made and imported EVs including Model 3, Model Y, Model X and Model S over door-handle safety risks, according to China’s state administration for market regulation. Continue reading... from The Guardian https://ift.tt/opPv5NI via IFTTT
Jamie Dimon cautions against interference as treasury secretary says process to replace Jerome Powell has begun
The boss of JP Morgan Chase, Jamie Dimon, has defended the “absolutely critical” independence of the Federal Reserve chair, as Donald Trump continues to demand immediate cuts in interest rates.
The US treasury secretary, Scott Bessent, said on Tuesday that a formal process for choosing a successor to the Fed chair, Jerome Powell, had already begun – despite the fact that his term does not end until next May.
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