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By David Shepardson WASHINGTON (Reuters) -Ford Motor Co said on Friday it was recalling about 775,000 Ford Explorer SUVs worldwide for a steering issue linked to reports of six injuries in North America. The recall covers 2013-2017 model year vehicles that may experience a seized cross-axis ball joint that could cause a fractured rear-suspension toe link, which could significantly diminish steering control, increasing the risk of a crash. The recall covers 676,152 vehicles in North America,… Source link

F45 Training (FXLV), the fitness franchise backed by actor Mark Wahlberg, got a workout in its Wall Street debut on July 15. Shares of the Austin, Texas-based company rose as much as 11%, then briefly fell below the offer price of $16 a share, before closing up 1.3% to $16.20. In an interview with Yahoo Finance Live, Founder and CEO Adam Gilchrist compared F45’s IPO to that of another franchise fitness chain, Planet Fitness (PLNT). “We wanted to obviously be in a position to replicate the… Source link

(CNN) — Hikers looking to summit Scotland’s highest mountain and other peaks in the area are being sent up “potentially fatal” routes by Google Maps, the region’s mountaineering organizations have warned. The John Muir Trust said Thursday that growing numbers of people using Google Maps to navigate up Ben Nevis risk being directed via a route that is “highly dangerous, even for experienced climbers.” Ben Nevis, a popular tourist destination, is the highest mountain in the British Isles,… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, July 16, 2021 A market in motion tends to stay in motion   It’s already been a strong year for the U.S. stock market.  Through Thursday’s close, the S&P 500 (^GSPC) is up 16.1% year-to-date, while the Dow (^DJI) and Nasdaq (^IXIC) are both up more than 12%.  But index-level gains, of course, don’t tell the full story of what’s happening… Source link

Bloomberg Crypto Insiders Posit Bitcoin Price Floor Around $30,000 Level (Bloomberg) — Bitcoin has been grinding lower in a trading range just above $30,000, prompting cryptocurrency insiders to flag the round number as a potential floor for the virtual coin.Crypto prognostication is fraught with risk, not least because Bitcoin’s price has roughly halved from a record high three months ago. Even so, some in the industry are coalescing around $30,000 as a support point, citing clues from… Source link

Google Cloud headquarters sits in Sunnyvale, California. Google Cloud Google has parted ways with its VP of developer relations for Google Cloud after a contentious all-hands meeting. “I wanted to share that today is Amr Awadallah’s last day at Google,” wrote Vice President of Engineering & Product for Google Cloud Eyal Manor in an email to staff Thursday evening and viewed by CNBC. “Effective immediately, the Cloud DevRel organization will report into Ben Jackson, who will report into Pali… Source link

(Reuters) – Tesla Inc’s vehicle registrations in California rose more than 85% in the second quarter versus last year, largely due to the success of the company’s Model Y, according to data from Cross-Sell https://info.cross-sell.com/tesla-special-report-0, a research firm that collates title and registration data. The automaker posted record vehicle deliveries for the April-to-June quarter earlier this month, as it dealt with a semiconductor shortage and relied on sales of its cheaper… Source link

Scottish mountaineering charities have criticised Google for suggesting routes up Ben Nevis and other mountains they say are “potentially fatal” and direct people over a cliff. The John Muir Trust, which looks after the upper reaches of the UK’s highest mountain, said attempts to contact the company over the issue had been met with silence. The charity said certain searches for routes up Ben Nevis on Google Maps directed users to the car park nearest the summit as the crow flies, and… Source link

NEW YORK, July 15, 2021 /PRNewswire/ — Moderna Inc. (NASD:MRNA) will replace Alexion Pharmaceuticals Inc. (NASD:ALXN) in the S&P 500 effective prior to the opening of trading on Wednesday, July 21. AstraZeneca Plc (LSE:AZN; NASD:AZN) is acquiring Alexion Pharmaceuticals in a deal expected to be completed soon pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company… Source link

Stock futures opened lower Thursday evening to extend decline from the regular session.  Contracts on the S&P 500 moved to the downside. Earlier during the regular session, the Nasdaq lagged, with technology and growth stocks coming under selling pressure as concerns over the strength of the U.S. economy recovery increased.  This week, investors have taken in a bevy of new economic data alongside an early batch of second-quarter earnings results. On the economic side, data have been mixed,… Source link