Automotive

Shares retreated Thursday in Asia after U.S. stocks fell under the weight of higher yields in the bond market, with the Dow Jones Industrial Average giving up more than 400 points. Tokyo’s Nikkei 225 benchmark shed 1.3% to 38,054.

NEW YORK (AP) — U.S. stocks sank under the weight of higher yields in the bond market on Wednesday. The S&P 500 dipped 39.09 points, or 0.7%, to 5,266.95 and fell further from its record set last week.

DETROIT (AP) — Despite a long string of recalls that began more than two decades ago, about 6.2 million vehicles with potentially dangerous Takata air bag inflators remain on U.S. roads today.

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OTTAWA — Canada is looking at the massive new U.S. import tariffs on Chinese-made electric vehicles imposed by President Joe Biden earlier this month, but is not making any commitment to following suit north of the border.

SILER CITY, N.C. (AP) — At the epicenter of President Joe Biden’s promised economic boom, a slow tractor can still halt traffic. Just 81,000 people live in rural Chatham County, North Carolina. There are 1,076 farms.

At least 15 dead after severe weather carves path of ruin across multiple states in the South VALLEY VIEW, Texas (AP) — Powerful storms killed at least 15 people, injured hundreds and left a wide trail of destruction Sunday across Texas, Oklahoma and

At least 15 dead after severe weather carves path of ruin across multiple states in the South VALLEY VIEW, Texas (AP) — Powerful storms killed at least 15 people, injured hundreds and left a wide trail of destruction Sunday across Texas, Oklahoma and

MILAN (AP) — Luciano Benetton, a co-founder of the apparel brand, announced he was stepping down as chairman in an interview published on Saturday with Milan daily Corriere della Sera.

In what had long been celebrated every May 30 to honor America's fallen soldiers, Memorial Day officially became a federal holiday in 1971, observed on the last Monday in May.