People walk near the logo of Honda Motor Company at a showroom Tuesday, Feb. 8, 2022, in Tokyo. Honda is recalling nearly 564,000 older small SUVs in the U.S., Thursday, April 6, 2023, because road salt can cause the frame to rust and rear suspension parts to come loose. The recall covers certain CR-Vs from 2007 through 2011. (AP Photo/Eugene Hoshiko, File)
Honda is recalling nearly 564,000 older small SUVs because road salt can cause the frame to rust and rear suspension parts to come loose.
The recall covers certain CR-Vs from 2007 through 2011 that were sold or registered in states where salt is used to clear roads in the winter.
U.S. safety regulators say in documents posted Thursday that salt can accumulate and cause corrosion, and the rear trailing arm can detach. That can cause drivers to lose control, increasing the risk of a crash. Rear trailing arms connect the rear axle to the chassis.
The recalled CR-Vs were either sold or registered in Connecticut, Delaware, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, Virginia, West Virginia, Wisconsin and Washington, D.C.
Dealers will inspect the SUVs and install a support brace or repair the rear frame if needed. If the frame is badly damaged, Honda may offer to buy the vehicle. Owners will be notified by letter starting May 8.
The CR-Vs already have been recalled in Canada. Honda says in documents filed with the National Highway Traffic Safety Administration that it has 61 customer complaints in the U.S. but no deaths or injuries.
Wealthfront’s CFO Alan Iberman talks the $2.05B IPO and the major moment for robo banking as the company bets on AI, automation, and “self-driving money."
A rare magnum of Dom Pérignon Vintage 1961 champagne that was specially produced for the 1981 wedding of Prince Charles and Lady Diana has failed to sell during an auction. Danish auction house Bruun Rasmussen handled the bidding Thursday. The auction's house website lists the bottle as not sold. It was expected to fetch up to around $93,000. It is one of 12 bottles made to celebrate the royal wedding. Little was revealed about the seller. The auction house says the bids did not receive the desired minimum price.
The New York Times and President Donald Trump are fighting again. The news outlet said Wednesday it won't be deterred by Trump's “false and inflammatory language” from writing about the 79-year-old president's health. The Times has done a handful of stories on that topic recently, including an opinion column that said Trump is “starting to give President Joe Biden vibes.” In a Truth Social post, Trump said it might be treasonous for outlets like the Times to do “FAKE” reports about his health and "we should do something about it.” The Republican president already has a pending lawsuit against the newspaper for its past reports on his finances.
OpenAI has appointed Slack CEO Denise Dresser as its first chief of revenue. Dresser will oversee global revenue strategy and help businesses integrate AI into daily operations. OpenAI CEO Sam Altman recently emphasized improving ChatGPT, which now has over 800 million weekly users. Despite its success, OpenAI faces competition from companies like Google and concerns about profitability. The company earns money from premium ChatGPT subscriptions but hasn't ventured into advertising. Altman had recently announced delays in developing new products like AI agents and a personal assistant.
President Donald Trump says he will allow Nvidia to sell its H200 computer chip used in the development of artificial intelligence to “approved customers” in China. Trump said Monday on his social media site that he had informed China’s leader Xi Jinping and “President Xi responded positively!” There had been concerns about allowing advanced computer chips into China as it could help them to compete against the U.S. in building out AI capabilities. But there has also been a desire to develop the AI ecosystem with American companies such as chipmaker Nvidia.