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Mukesh Ambani's Reliance Industries Reports 5.4% Profit Decline, Its Fifth Consecutive Quarter Drop
Reliance Industries Ltd. reported a 5.4% profit decline for the quarter ending June 30, falling short of expectations due to ongoing issues in its oil-to-chemicals sector, despite a 12% revenue increase.
Over 3.3 Million Bissell Steam Cleaners Recalled Due to Burn Hazard After Injury Reports
Bissell has recalled 3.3 million Steam Shot Handheld Steam Cleaners in North America due to a burn risk, following over 150 injury reports linked to the defect.
Boeing Plans Major Overhaul to Rebuild Trust Following 737 Max Crashes That Cost Them $30 Billion
Boeing, facing severe financial and reputational damage from the 737 Max crashes, is implementing a comprehensive recovery plan involving better safety measures, workforce training, and buying back its troubled fuselage supplier.
Stellantis Recalls Over 24,000 Minivans Over Battery Fire Risk; Owners Advised to Park Outdoors
Stellantis recalls over 24,000 plug-in hybrid minivans due to a potential battery fire risk, advising owners to park outdoors and avoid charging. At the same time, they investigate a defect linked to seven reported fires.