Here’s a look at some of the companies the Yahoo Finance team will be watching for you.
Ford (F) is recalling nearly 1.4 million cars in North America because steering wheels are detaching from the steering column. The recall covers certain Ford Fusion and Lincoln MKZ cars from 2014 to 2018. The company says it knows of two crashes and one injury caused by the problem and can fix the issue for free at its dealerships.
Trouble for Apple (AAPL) and Google (GOOGL) abroad. France’s Finance Minister says he will take legal action against the tech giants for abusive business practices. The minister says both companies could be fined several million euros for imposing tariffs on developers and startups looking to sell their apps to Apple and Google.
Broadcom (AVGO) is formally withdrawing its hostile bid to buy rival chipmaker Qualcomm (QCOM). The move comes after President Trump blocked the deal citing national security risks. Now Singapore-based Broadcom is refocusing its energy on making an official move to the US.
Dick’s Sporting Goods (DKS) is warning of possible tough times ahead. The company says its decision to end gun sales to anyone under 21 will hurt future sales and may cause fewer shoppers to come to its stores. It also added it had a bad holiday sales quarter thanks to weak sales of once popular brands like Under Armour.
And there’s another PR nightmare for United Airlines (UAL). This time, flight attendants’ demands led to the death of a passenger’s dog. Witnesses say the passenger was asked to move the bag carrying her dog to the overhead bin because it was sticking out into the aisle. After hours of travel from Texas to New York, the dog was found dead. United says it will refund the price of the tickets and pay for an autopsy.