SiteData Community

The free upgrade will be offered for 3.8 million Hyundai and 4.5 million Kia vehicles, the automakers and NHTSA said.
Hyundai said the upgrade applies to various U.S. 2011 through 2022 model year vehicles.

March 27 (Reuters) - UK equities surged on Monday, helped by a gain in bank stocks on renewed hopes that the turmoil in the sector will be contained following the buyout of Silicon Valley Bank, while Standard Chartered jumped after agreeing to sell its Jordanian business.

The Fed on Wednesday raised interest rates by 25 basis points, as expected, but took a cautious stance on the outlook because of banking sector turmoil even as Fed Chair Jerome Powell kept the door open on further rate rises if necessary.

Accused by Trump and the former president's allies in the House of Representatives of a political "witch hunt," prosecutor Alvin Bragg, an elected Democrat, has hit back at Republican "interference" in the investigation.

Erin Walker, public policy director of Montana child safety organization Project STAND, told NBC News McKenna spoke about the draft legislation, and she then raised the idea with politicians in her state.

March 27 (Reuters) - European stocks rallied in early deals on Monday, as calm descended on markets following a turbulent week for banking shares that was fuelled by worries about stability in the sector after the collapse of Credit Suisse and Silicon Valley Bank.

First-year Washington coach Jason Kelly picked up his biggest series win so far when the Huskies won two of three on the road against a top 10-ranked UCLA. South Carolina, which was 27-28 and four games under .500 in SEC play last season, is 23-2 and 6-0 after sweeping Missouri.

Earlier this month, Minnesota Attorney General Keith Ellison said he had launched a civil investigation into Kia and Hyundai´s sale of vehicles to Minnesota consumers that lacked industry-standard, anti-theft technology and sought documents and answer questions under oath.

BRUSSELS, March 20 (Reuters) - European Union member states have agreed to supply one million rounds of artillery ammunition to Ukraine, Estonian Defence Minister Hanno Pevkur said on the sidelines of a meeting with his EU counterparts in Brussels on Monday.

Biden's Fiscal Year 2024 budget would bump ATF funding by 7.4 percent with a total $1.9 billion with the goal of tightening gun laws.
The money would be used, in part, to seek stricter rules and legislation related to firearms registration as Biden continues to make part of his priorities combating gun violence in the U.S.

March 27 (Reuters) - European stocks climbed on Monday, as a sense of calm returned to markets following a week of turbulence over concerns about banking sector stability after the collapse of Credit Suisse and two U.S.

"Banks have been under an immense amount of pressure. SVB and Credit Suisse put banks under a microscope on the impact that higher rates would have on certain credits," said Victor Balfour, investment strategist at Rothschild & Co.

"Gold is set to shine through the market chaos with expectations around the Fed cutting rates in 2023, fuelling upside gains," Otunuga said, adding that a potent fundamental spark is needed to conquer the $2,000 psychological level and the March 2022 peak to hit a record high.

Chiba Bank Ltd lost 1.2% and Shizuoka Financial Group Inc declined 1.06%. Sumitomo Mitsui Financial Group Inc fell 1.01%. Concordia Financial Group Ltd was Nikkei's worst-performing financial stock, losing 1.68%.

Toshiba's board, which includes representatives from Paul Singer's Elliott Management and Farallon Capital Management, formally accepted JIP's offer of 4,620 yen a share, Toshiba said in a statement on Thursday, valuing it at 2 trillion yen ($15.2 billion).

WASHINGTON, March 20 (Reuters) - A group of 22 U.S.
state attorneys general on Monday blasted Hyundai Motor and Kia Corp and said they need do more to address problems with millions of U.S. vehicles that are prone to theft.

The attorneys general letter said the automakers had failed to take adequate steps to address the alarming rate of theft and urged them to accelerate the implementation of the software upgrade and provide free alternative protective measures for owners whose cars cannot support the software upgrade.