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BMW to recall 36,922 vehicles in US, NHTSA says

by lisa@patrickmarketingny.com | Dec 19, 2025 | Business News

  Dec 19 (Reuters) – BMW will recall 36,922 vehicles in the United States as over unintended steering wheel movement while the vehicle is stationary, the National Highway Traffic Safety Administration (NHTSA) said on Friday. (Reporting by Gursimran Kaur in Bengaluru)...

China set to keep rates steady for seventh month despite slowing economy

by lisa@patrickmarketingny.com | Dec 19, 2025 | Business News

  SHANGHAI, Dec 19 (Reuters) – China is expected to leave benchmark lending rates unchanged for a seventh consecutive month in December, a Reuters survey showed, despite a depressed economy and deepening woes in the property sector. Analysts say China’s central bank...

Coty to sell remaining 25.8% stake in Wella to KKR, Bloomberg News reports

by lisa@patrickmarketingny.com | Dec 19, 2025 | Business News

  Dec 19 (Reuters) – Coty is selling its remaining stake in Wella to KKR for $750 million and the right to a share of future proceeds from a sale or initial public offering of the hair care brand, Bloomberg News reported on Friday. Reuters could not immediately verify...

Trump gave an unusually partisan White House address. Should networks have given him the TV time?

by lisa@patrickmarketingny.com | Dec 19, 2025 | Business News

  ATLANTA (AP) — When Donald Trump delivered the first White House address of his second presidency Wednesday night, all major U.S. networks beamed his image and voice onto their airwaves, cable feeds and online platforms. Americans ended up watching the Republican...

Implosion will take down a nearly century-old Mississippi River bridge

by lisa@patrickmarketingny.com | Dec 19, 2025 | Business News

  A nearly 100-year-old bridge over the Mississippi River between Iowa and Wisconsin is scheduled to be imploded Friday, an unusual spectacle that will make way for a modern replacement. The Mississippi River Bridge, also known as the Black Hawk Bridge, was completed...

Grounded MD-11 planes could cost FedEx $175 million in peak season, drag on near-term profit

by lisa@patrickmarketingny.com | Dec 18, 2025 | Business News

  By Abhinav Parmar and Lisa Baertlein Dec 18 (Reuters) – Parcel delivery company FedEx said it was planning for $175 million in unexpected peak-season costs to find trucks and planes to move goods that would have flown on its fleet of MD-11 cargo planes that were...
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