Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Hyundai and Kia have issued a recall for some models of their vehicle line this week. Owners were also warned that their vehicles could catch fire even when the engine is turned off.
According to Fox Business, customers of Hyundai and Kia Motors were told to park their vehicles outside and away from other vehicles or properties since there is a risk of fire. It was reported that a total of 485,000 model units are affected by the latest recall in the United States.
The country's National Highway Traffic Safety Administration (NHTSA) has listed the Hyundai and Kia models that should be fixed as soon as possible and these are the Kia Sportage SUVs from 2014 to 2016, and the Kia K900 sedan from 2016 to 2018.
For Kia's parent company which is the Hyundai Motor Group, its Santa Fe sports utility vehicles from 2016 to 2018 are affected. The brand's Santa Fe Sports from 2017 to 2018, Santa Fe XL's 2019 model, and Tucson SUVs from 2014 and 2015 are all covered by the recall as well.
The newest recalls from the Korean vehicle manufacturers are addition to the series of fire and engine defects that have been reported in the last six years. In this case, the NHTSA said that
Hyundai and Kia think the fire risk may be caused by the "electrical component in the anti-lock brake system that may experience an internal electrical short circuit."
The automakers explained that if this happens, the risk of a fire is heightened not only when the unit is being driven but even when it is parked. The NHTSA stated that at this time, both Kia and Hyundai are aware of 11 cases of fires that were reported in the U.S. Then again, it is fortunate that there is no report of injuries or deaths yet related to the recall.
Finally, CNN Business reported that authorized dealers of Kia and Hyundai will be inspecting the vehicles' anti-lock braking control module to fix the issue. They may replace this small computer system that controls the emergency anti-lock braking system. It was mentioned that the fuse may also be replaced and all the repairs and replacements will be free of charge.
