Stocks still lower...Mazda SUV air bag investigation...Trump Administration adding more temporary work visas
NEW YORK (AP) — Stocks remain lower in afternoon trading after President Donald Trump threatened more tariffs against China. Traders had been expecting a possible settlement in the year-long trade dispute. Stocks that are especially reliant on China fell the most.
DETROIT (AP) — U.S. safety regulators are investigating reports that the side curtain air bags can inflate for no reason on some Mazda CX-9 large SUVs. Two owners have complained that the left and right air bags went off for no reason while the SUVs were moving. The probe covers CX-9s from the 2010 through the 2013 model years.
WASHINGTON (AP) — The Trump Administration is making 30,000 more temporary visas available for seasonal workers through the end of September. Typically the work involves jobs such as picking crabs, shucking oysters or hotel work. The visas become available when the rule is published in the Federal Register, which is likely to be Wednesday.
NEW YORK (AP) — One of the country’s oldest department stores may be put up for sale by Hudson’s Bay. Lord & Taylor’s roots date back to 1826 when it started as a dry goods store in 1826, but it’s struggled the online shopping era. Owner Hudson’s Bay has hired a financial adviser to review Lord & Taylor’s business and that process could lead to a sale or merger.
SEATTLE (AP) — Microsoft has announced an ambitious effort to make U.S. voting more secure and verifiable. The software kit, dubbed “ElectionGuard, is being developed with Oregon-based Galois (GAL-wah) and should be available beginning this summer with prototypes ready to pilot for next year’s general elections.