Cheddar Evening Business Update 8/7: GM recalls 800K cars over power-steering issues

Posted: Updated:

General Motors is recalling nearly 800,000 pickup trucks because some vehicles can suddenly lose power-steering, potentially causing drivers to lose control of their vehicles. Affected models include the Chevy Silverado 1500 and GMC Sierra 1500, model year 2014. 

IPhone maker Foxconn says it is going to build multibillion-dollar facility for research and development in Michigan. Late last month, Foxconn announced a $10 billion plant in Wisconsin, its first major investment in the United States.

SpaceX founder and Tesla CEO Elon Musk posted an animated video simulation showing the Falcon Heavy rocket liftoff and its boosters and center core returning safely back to Earth intact. The Falcon Heavy's first test flight is slated for November.

  • BusinessMore>>

  • EU lawmakers to press Zuckerberg over data privacy

    EU lawmakers to press Zuckerberg over data privacy

    Tuesday, May 22 2018 5:52 AM EDT2018-05-22 09:52:33 GMT
    Tuesday, May 22 2018 12:04 PM EDT2018-05-22 16:04:48 GMT
    (AP Photo/Andrew Harnik, File). FILE- In this April 11, 2018 file photo, Facebook CEO Mark Zuckerberg pauses while testifying on Capitol Hill in Washington. Tech moguls Bill Gates and Zuckerberg are teaming up to help develop new technologies for kids ...(AP Photo/Andrew Harnik, File). FILE- In this April 11, 2018 file photo, Facebook CEO Mark Zuckerberg pauses while testifying on Capitol Hill in Washington. Tech moguls Bill Gates and Zuckerberg are teaming up to help develop new technologies for kids ...
    Facebook CEO Mark Zuckerberg faces senior European Union lawmakers later Tuesday to answer questions about a scandal over the alleged misuse of the data of millions of Facebook users.
    Facebook CEO Mark Zuckerberg faces senior European Union lawmakers later Tuesday to answer questions about a scandal over the alleged misuse of the data of millions of Facebook users.
  • Many cancer patients juggle care along with financial pain

    Many cancer patients juggle care along with financial pain

    Tuesday, May 22 2018 10:42 AM EDT2018-05-22 14:42:38 GMT
    Tuesday, May 22 2018 12:04 PM EDT2018-05-22 16:04:07 GMT
    (AP Photo/Ross D. Franklin). In this April 13, 2018, photo Josephine Rizo sits in her home with her stack of bills from her ongoing battle with cancer in Phoenix. As treatment costs soar and insurance coverage shrinks, hospitals and patient advocates a...(AP Photo/Ross D. Franklin). In this April 13, 2018, photo Josephine Rizo sits in her home with her stack of bills from her ongoing battle with cancer in Phoenix. As treatment costs soar and insurance coverage shrinks, hospitals and patient advocates a...
    Many cancer patients juggle care along with financial pain.
    Many cancer patients juggle care along with financial pain.
  • APNewsBreak: McDonald's workers file sex harassment claims

    APNewsBreak: McDonald's workers file sex harassment claims

    Tuesday, May 22 2018 6:12 AM EDT2018-05-22 10:12:30 GMT
    Tuesday, May 22 2018 12:03 PM EDT2018-05-22 16:03:59 GMT
    (AP Photo/M. Spencer Green, File). FILE - In this April 15, 2015, file photo, McDonald's workers and supporters rally outside a McDonald's in Chicago. On Tuesday, May 22, 2018, Fight for $15 is announcing that it’s helping women in several U.S. cities ...(AP Photo/M. Spencer Green, File). FILE - In this April 15, 2015, file photo, McDonald's workers and supporters rally outside a McDonald's in Chicago. On Tuesday, May 22, 2018, Fight for $15 is announcing that it’s helping women in several U.S. cities ...
    Two national advocacy groups are teaming up to lodge sexual harassment complaints against McDonald's on behalf of 10 women who have worked at the fast food restaurant in nine cities.
    Two national advocacy groups are teaming up to lodge sexual harassment complaints against McDonald's on behalf of 10 women who have worked at the fast food restaurant in nine cities.
sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."