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On September 16, the National Highway Traffic Safety Administration said on Tuesday that it would launch a so-called "preliminary assessment" on the issue that the electronic door handles of some Tesla Model Y models may lose power and fail. The investigation covers some 2021 Model Y models. A few days ago, an investigation exposed a number of accidents: after the vehicle lost power, the occupants were injured or died because they could not open the door. The National Highway Traffic Safety Administration said: "This investigation focuses on the operability of the vehicles external electronic door locks because in this case, there is currently no way to manually open the door. The agency will continue to monitor all reports involving being trapped when opening the door from the inside of the vehicle, and the Vehicle Defects Investigation Office will take further action as needed."September 16: Building materials trading volume reached 110,500 tons, a 6.04% decrease from the previous trading day. September 15: Building materials trading volume reached 117,600 tons, a 1.03% increase from the previous trading day. September 12: Building materials trading volume reached 116,400 tons, a 26.66% increase from the previous trading day. September 11: Building materials trading volume reached 91,900 tons, a 1.18% decrease from the previous trading day. September 10: Building materials trading volume reached 93,000 tons, a 8.28% decrease from the previous trading day. Last weeks average: Building materials trading volume was 10,308 tons.On September 16th, ING Bank stated in a research report that the US dollar is likely to remain relatively weak. The report pointed out that the US dollar started the week on a weak note, which may be partly related to the markets early positioning for the expected Federal Reserve interest rate cut later this week. ING Bank said that the weakening of the US dollar was also affected by the benign external environment. Global stock markets continued to rise slightly due to the dual effects of resilient business confidence and the expected decline in core borrowing costs. The report stated that this situation would typically prompt capital to flow into risky assets and non-US dollar markets, thereby reducing investor demand for the safe-haven currency, the US dollar. ING Bank said that the focus of the market on Tuesday will be US retail sales data.Spanish Economy Minister: We see average annual economic growth above 2% in the medium term.U.S. Treasury Secretary Benson: The job market appears to be in balance.

As The Company Seeks A Buyer, Kohl's Loses Two Senior Executives

Aria Thomas

May 19, 2022 09:59

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Kohl's Corp (NYSE:KSS) announced on Wednesday that two of its senior executives are resigning, as the U.S. department store operator searches for a buyer amidst pressure from activist investors to sell itself.


In extended trading, shares of the business slid 3.6% to $41.4. Chief Marketing Officer Greg Revelle will leave Kohl's in June, while Chief Merchandising Officer Doug Howe will retire immediately.


The U.S. department store chain said via email that Revelle and Howe are leaving the company to pursue other possibilities and that a hunt for their replacements has already begun.


In recent months, activist investors Macellum Advisors GP LLC and Engine Capital LP have requested that Kohl's sell itself.


The company's stockholders rejected moves by Macellum Advisors to replace ten board members last week.