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BP ousts chairman over ‘serious’ governance concerns as shares tumble

BP abruptly removed Chairman Albert Manifold on Tuesday, citing “serious concerns” tied to governance, oversight and conduct issues, sending shares lower and deepening uncertainty at the oil giant. The company said Manifold, who had served as chairman for just eight months, was removed effective immediately after the board unanimously concluded he should no longer remain in the role.”This follows serious concerns raised to the board related to important governance standards, oversight and conduct,” BP said…

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Hyundai recalls 421k Tucson and Santa Cruz models for braking bug

A recall issued by Hyundai could impact more than 421,000 vehicles after the National Highway Traffic Safety Administration (NHTSA) discovered a software bug. The software issue in the front cameras may cause the forward collision-avoidance system to activate prematurely. This means the brakes could unexpectedly be applied, potentially causing a…

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