ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Charisse Jones | Economic Opportunity Reporter
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Happy Tuesday everyone. It's Charisse Jones with your Daily Money headlines. |
The National Highway Traffic Safety Administration is looking into reports from some Tesla owners that their seatbelts are detaching while they drive. |
The complaints that sparked the investigation came from two Tesla drivers. |
"Both vehicles were delivered to the owners with insufficiently connected anchor linkages," NHSTA wrote, adding that the seat belts were not appropriately connected when the vehicle was manufactured. |
This latest investigation of an alleged malfunction comes on the heels of another NHSTA inquiry into 2023 Model Y Teslas after complaints that the vehicle's steering wheels could detach while the SUV is in motion. |
Walt Disney Co. to reportedly begin layoffs |
Disney CEO Bob Iger wrote in an internal memo that staffers would be told if they were losing their jobs in three rounds, with the first happening this week, according to reports from CNN, Axios and CNBC. | Tesla supercharger plug in red Tesla EV.
Tesla |
"Leaders will be communicating the news directly to the first group of impacted employees over the next four days," he said on Monday, according to Axios. |
Disney did not immediately respond to USA TODAY's request for comment. |
"A second, larger round of notifications will happen in April with several thousand more staff reductions, and we expect to commence the final round of notifications before the beginning of the summer to reach our 7,000-job target," according to a separate CNBC report. |
📰 More stories you shouldn't miss 📰 |
If you drink Pepsi, get ready for its new look. The soft drink is getting a fresh logo in celebration of its 125th anniversary. A bold "PEPSI,'' displayed over red, white and blue stripes and sitting within a thin black circle will replace the sleeker font that's been the beverage's signature since 2008. |
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TL;DR version: how decisions by the Federal Reserve, government and companies impact you. |
Follow Charisse Jones on Twitter: @charissejones | | | | Reports of seat belts coming loose while Tesla Model X SUVs are being driven prompted NHTSA to open an investigation, regulators said. | | | | The Walt Disney Co. will begin notifying employees impacted by layoffs, CEO Bob Iger said in a memo on Monday. | | | | The move by Gov. Gretchen Whitmer is considered a win for unions and makes Michigan the first state in decades to repeal the union-restriction law. | | | | After SVB and Signature Bank depositors got swift relief, some question why student loan debt relief hasn't been met with similar urgency. | | | | Here's what you should know about regressive tax and progressive tax, what they are, how they work and the difference between the two. | | | | Ahead of its 125th anniversary in August, Pepsi is updating its logo to make it more vibrant and relevant for a digital world, the company says. | | | | From Pepsi-Cola to Pepsi, we look at the cola brand's logo design since the soft drink was created in 1898. | | | | If you spent a lot of money on medical expenses last year, you can snag a tax break for medical expenses, but there are rules. | | | | Reports of the Chevy Camaro's death are exaggerated, as General Motors prepares to mothball the sporty car — again — following the 2024 model year. | | | | U.S. lawmakers are considering changes to entitlement programs in the states, with some saying the country should raise the full retirement age. | | | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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