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NEW YORK (AP) — Stocks are mostly lower in afternoon trading on Wall Street, giving up earlier modest gains. The major indexes reversed course after Federal Reserve Chair Yellen said in a speech that the Fed is moving toward raising interest rates because of an improving outlook for the U.S. economy. Phone companies and utilities led the list of declining stocks, while the health care and technology sectors rose.
NEW YORK (AP) — Mazda is recalling more than 190,000 CX-7 sport utility vehicles because of a potentially dangerous steering control defect. The recall involves vehicles made from Feb. 14, 2006 through May 9, 2012. The National Highway Traffic Safety Administration says water could enter the front suspension ball joint fittings. Water from salted roadways in the winter can result in corrosion loosening the ball joint fittings, which could eventually cause a loss of steering control.
DETROIT (AP) — The federal government wants to forcibly limit how fast trucks, buses and other large vehicles can travel on the nation's highways. Regulators are proposing to set a nationwide speed limit of 60, 65 or 68 mph and enforce it with a device that would be installed on new U.S. vehicles that weigh more than 26,000 pounds. The proposal offered by the National Highway Traffic Safety Administration and Federal Motor Carrier Safety Administration is subject to public comment.
BOISE, Idaho (AP) — Idaho, Oregon and Washington have shut down online sales of hunting and fishing licenses amid concerns a vendor's computer system has been hacked and personal information is at risk. Washington state today announced free fishing through Tuesday because it has gone a step further than the other two states and halted all license sales. The three states use the same vendor, Dallas-based Active Network, to handle online license sales. It's not clear whether a breach has actually taken place.
NEW YORK (AP) — Has Col. Sanders' nephew inadvertently revealed the secret blend of 11 herbs and spices behind KFC's fried chicken empire? The Kentucky-based company says a recipe published in the Chicago Tribune isn't authentic. But that hasn't stopped rampant online speculation that the closely guarded secret has been exposed. KFC says the original 1940 recipe handwritten by Sanders is locked up in a digital safe that's encased in two feet of concrete and monitored 24 hours a day.
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