Fiat Chrysler's recall of about 1.4 million cars and trucks equipped with radios that are vulnerable to hacking is the first formal safety campaign in response to a cybersecurity threat.
U.S. safety investigators, who are already probing suspected flaws in automobile air bags made by Takata Corp., have opened a similar inquiry of those made by another company.
Honda Motor Co. called back 4.5 million vehicles globally in connection with Takata Corp. air bags, expanding the industrys largest recall ever, amid a mounting toll of injuries or deaths related to the safety devices.
Fosun International, the Chinese conglomerate thats been buying insurers and property overseas, plans to raise $1 billion partly to fund acquisitions in the insurance industry.
General Motors Co. customers won a key ally in their quest for $10 billion in compensation: the automakers bankrupt predecessor, which said switch defects were illegally hidden from consumers during the companys 2009 bailout.
The U.S. government demanded automakers expand recalls involving faulty Takata Corp. air bags, prompting pushback by the Japanese supplier, which said problems with the devices were limited to humid areas.
Consumer confidence climbed last week to the second-highest level in a year as an improving job market bolstered Americans views of their financial well-being.