General Motors recalls 840000 vehicles for seat belt issue
GM will inspect and correct seat belt brackets in 624,000 2019–2021 Silverado 1500 GMC Sierra 1500 and related 2021 Suburban Tahoe Yukon XL 2020–2021 Silverado 2500 3500 and GMC Sierra 2500 3500 pickups with split benches. Owners notified Feb 1. no crashes reported. Also note: U.S. consumer spending and incomes fell in November while inflation rose modestly. DP World to build a $1B deep water port in Senegal with a new terminal and economic zone.
MENTIONED IN THIS ARTICLE
General Motors
U.S
DP World
Senegal
Africa
Dakar
Port Authority
Atlantic Ocean
Amazon’s inventory limits hit third party sellers this holiday season
Merchants like Marty Mickelson report higher costs and missed opportunities as Amazon caps storage at centers and delays shipping. Despite Amazon expanding its network and lifting some limits for top performers, many 1.7 million Marketplace vendors still face stockouts and tougher fulfillment during the peak shopping period.
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Marty Mickelson
Hasty Baker
Amazon
Vashon Island
Mickelson
Behemoth
UPS
FedEx
U.S. Postal Service
Amazon Marketplace
James Thomson
Macy’s
Nike
LL Bean
Gap
Congress approves hospice care reforms for oversight
Congress approves major hospice reforms to boost oversight and transparency in the fast growing sector. The omnibus spending bill includes fines, suspension of Medicare payments and other steps, prompted by a Los Angeles Times investigation detailing fraud and patient harm in some hospices. The HOSPICE Act, sponsored by Reps. Panetta and Reed, aimed to tighten regulation and enforcement in the industry.
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Los Angeles
Congress
U.S
Jimmy Panetta
D-Calif
Tom Reed
R-N.y
House
Donald Trump
Los Angeles Times
Times
Beijing weighs big tech firms in anti monopoly push
Beijing intensifies scrutiny of community group buying and big tech platforms. Six firms Alibaba JD.com Pinduoduo Tencent Meituan and Didi Chuxing were summoned to discuss monopolistic concerns including price fixing and predatory pricing. Regulators warn against exclusivity data misuse and dumping while drafting tighter rules.
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Hong Kong
China
Alibaba
Jd.com
Pinduoduo
Tencent
Meituan
Didi Chuxing
Beijing
U.S
Facebook
Google
Federal Trade Commission
WhatsApp
Instagram
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Detroit
Washington
Commerce Department
Federal Reserve
Fed
Dubai
United Arab Emirates
The
Associated Press
Lill
Windsor
Conn
Mark Mirko
Hartford Courant
Tribune News Service
Big Tech