Ford recalls more than 694,000 Bronco Sport, Escape vehicles due to fuel injector issue

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By MICHELLE CHAPMAN, Associated Press Business Writer

Ford is recalling more than 694,000 Bronco Sport and Escape vehicles because the fuel injector may crack and leak, which may cause a fire.

If fuel leaks inside the engine compartment and there’s a hot engine or exhaust components, it could increase the risk of a fire.

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The recall impacts certain 2021-2024 Bronco Sport and 2020-2022 Escape vehicles equipped with 1.5L engines.

Ford has been looking into the fuel injector issue since 2022, according to the National Highway Traffic Safety Administration. The company’s field review committee approved recalls in November 2022, March 2024 and March 2025, during which it performed software updates.

Ford has continued to investigate the issue. As part of the ongoing process, the automaker looked at corrosion as a contributing factor to fuel injector cracks between April and May 2025.

Ford identified injector cracking on eight vehicles that experienced underhood fires. Six of the vehicles didn’t have updated engine control software. The automaker isn’t aware of any injuries related to the fires.

Earlier this month Ford’s field review committee decided to issue a recall for certain vehicles to update their engine control software for free until a final remedy is available.

A letter notifying vehicle owners of the safety risk is expected to be mailed on Aug. 18. A second letter will be sent once the final remedy is available. Vehicle owners can contact Ford customer service at 1-866-436-7332 and reference recall number 25S76.

Wall Street points toward gains before the opening bell and another busy week of corporate earnings

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By ELAINE KURTENBACH and MATT OTT, Associated Press Business Writers

Wall Street was poised to open with gains Monday ahead of a busy week of corporate earnings reports.

Futures for the S&P 500, the Dow Jones Industrial Average and Nasdaq were all up more than 0.2% before the bell.

Markets have stabilized since spring, when President Donald Trump’s tariff announcements and pullbacks sent markets swinging wildly from day-to-day and sometimes hour-to-hour.

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Trump pushed back the deadline for most countries to negotiate on tariffs to Aug. 1, which along with stronger-than-expected earnings reports, has helped to lift markets to record levels in recent weeks.

Domino’s Pizza jumped 5.2% in premarket trading Monday after posting strong same-store sales in the U.S., even though the pizza chain just missed Wall Street’s sales and profit targets.

Verizon climbed 4.6% after the phone and broadband giant beat analysts’ sales and profit targets and raised its full-year guidance.

Other companies reporting this week include General Motors, Coca-Cola, Tesla and Google parent Alphabet.

This week also will bring updates on U.S. home sales, jobless claims and manufacturing.

Bitcoin rose more than 1% to more than $118,500 early Monday, just off all-time highs. Trump on Friday signed into law the GENIUS Act, which sets initial guardrails and consumer protections for stablecoins, a type of cryptocurrency that is tied to assets like the U.S. dollar to reduce volatility.

Elsewhere, in Europe at midday, Germany’s DAX edged 0.1% lower, while the CAC 40 in Paris slipped 0.4%. Britain’s FTSE 100 was essentially flat.

Markets were closed for a holiday in Japan, where the ruling Liberal Democrats have lost their coalition majorities in both houses of parliament for the first time since 1955 following Sunday’s upper house election and the loss of their lower house majority in October.

A grim Prime Minister Shigeru Ishiba has vowed to stay on after the drubbing by voters frustrated over rising prices and political instability. Analysts said they expect his weakened government to crank up spending, adding to Japan’s huge debt burden.

Japan is also facing the imposition of 25% tariffs across the board on its exports to the U.S. as talks with the Trump administration appear to have made little headway.

“We expect short-term political instability to intensify due to the difficulties of forming a majority coalition, a likely change in leadership, and a potential deadlock in trade negotiations,” Peter Hoflich of BMI, a part of the Fitch Group, said in a commentary.

“Without a structural reset through snap elections, Japan is likely to face prolonged policy drift throughout 2026,” he said.

Chinese shares advanced after the central bank kept its key 1-year and 5-year loan prime interest rates unchanged. Hong Kong’s Hang Seng rose 0.7% to 24,994.14, while the Shanghai Composite index gained 0.7% to 3,559.79.

Recent improved economic data have eased pressure on the Chinese leadership to soften credit. Meanwhile, President Donald Trump’s administration has softened its criticism of Beijing, raising hopes that the two sides can work out a trade deal and avert the imposition of sharply higher tariffs on imports from China.

South Korea’s Kospi picked up 0.7% to 3,210.81 after the government reported a slight improvement in exports in June.

In Australia, the S&P/ASX 200 shed 1% to 8,668.20, while Taiwan’s Taiex dropped 0.2%. In India, the Sensex rose 0.3%. Bangkok’s SET gained 0.2%.

In other trading early Monday, U.S. benchmark crude oil reversed gains, leaving it essentially unchanged at $66.05 per barrel. Brent crude, the international standard, lost 8 cents to $69.20 per barrel.

The U.S. dollar fell to 147.55 Japanese yen from 147.98 yen. The euro climbed to $1.1667 from $1.1629.

Alaska Airlines resumes operations after tech outage grounds all flights

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Alaska Airlines has resumed operations following an undisclosed technical error affecting its entire system for approximately three hours, the company announced.

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The carrier experienced an “IT outage that resulted in a temporary, system-wide ground stop for Alaska Airlines and Horizon Air flights” around 8 p.m. Pacific time Sunday. The stop was lifted at 11 p.m., the Seattle-based company said in a social media post.

“As we reposition our aircraft and crews, there will most likely be residual impacts to our flights. It will take some time to get our overall operations back to normal,” the post said.

The Federal Aviation Administration website had confirmed a ground stop for all Alaska Airlines mainline and Horizon aircraft, referring to an Alaska Airlines subsidiary.

The National Transportation Board last month credited the crew of Alaska Airlines flight 1282 with the survival of passengers when a door plug panel flew off the plane shortly after takeoff on Jan. 5, 2024, leaving a hole that sucked objects out of the cabin.

In September, Alaska Airlines said it grounded its flights in Seattle briefly due to “significant disruptions” from an unspecified technology problem that was resolved within hours.

Russia launches a major aerial attack on Kyiv hours before high-level talks on support for Ukraine

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By EMMA BURROWS and ILLIA NOVIKOV, Associated Press

Russia unleashed one of its largest aerial assaults on Ukraine in recent months, only hours before the U.K. and Germany are to chair a meeting to discuss U.S. President Donald Trump’s plans for NATO allies to provide Ukraine with weapons.

The attack killed two people and wounded 15, including a 12-year-old, Ukrainian President Volodymyr Zelenskyy said.

In Kyiv’s Shevchenkivskyi district, a drone struck the entrance to a subway station where people had taken cover. Videos posted on social media showed the station platform engulfed by smoke, with dozens of people inside. Kyiv Mayor Vitalii Klitschko said the station had to be ventilated in what he called an “enhanced mode.”

Firefighters work in a destroyed apartment building after a Russian attack in Kyiv, Ukraine, Monday, July 21, 2025. (AP Photo/Efrem Lukatsky)

The heaviest strikes hit Kyiv’s Darnytskyi district, where a kindergarten, supermarket and warehouse facilities caught fire.

French Foreign Minister Jean-Noël Barrot arrived in Kyiv on Monday and visited some of the damage.

The hourslong drone and missile assault on Kyiv overnight into Monday underscored the urgency of Ukraine’s need for further Western military aid, especially in air defense, a week after Trump said deliveries would arrive in Ukraine within days.

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The virtual meeting will be led by British Defense Secretary John Healey and his German counterpart Boris Pistorius. Healey said U.S. Defense Secretary Pete Hegseth and NATO leader Mark Rutte, as well as NATO’s Supreme Allied Commander Europe, Gen. Alexus Grynkewich, will attend the meeting of the Ukraine Defense Contact Group.

Moscow has intensified its long-range attacks on Ukrainian cities, and analysts say the barrages are likely to escalate as Russian drone production expands.

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In an shift of tone toward Russia, Trump last week gave Moscow a 50-day deadline to agree to a ceasefire or face tougher sanctions.

At Monday’s meeting, Healey was expected to urge Ukraine’s Western partners to launch a coincidental “50-day drive” to get Kyiv the weapons it needs to fight Russia’s bigger army and force Russian President Vladimir Putin to the negotiating table, the U.K. government said in a statement.

Trump’s arms plan, announced a week ago, involves European nations sending American weapons to Ukraine via NATO — either from existing stockpiles or buying and donating new ones. The U.S. president indicated discussions were partly focused on advanced Patriot air defense systems and said a week ago that deliveries would begin “within days.”

But last week various senior officials suggested no transfers had yet taken place.

NATO’s Grynkewich told The Associated Press on Thursday that “preparations are underway” for weapons transfers to Ukraine while U.S. Ambassador to NATO Matthew Whitaker said he couldn’t give a time frame.

Ukraine wants American-made Patriot missile systems

Germany has said it offered to finance two new Patriot systems for Ukraine and raised the possibility of supplying systems it already owns and having them replaced by the U.S.

But delivery could take time, German Chancellor Friedrich Merz suggested, because “they have to be transported, they have to be set up; that is not a question of hours, it is a question of days, perhaps weeks.”

Other Patriot systems could come thanks to Switzerland, whose defense ministry said Thursday it was informed by the U.S. Defense Department that it will “reprioritize the delivery” of five previously ordered systems to support Ukraine.

While Ukraine waits for Patriots, a senior NATO official said the alliance is still coordinating the delivery of other military aid — such as ammunition and artillery rounds — which includes aid from the U.S. that was briefly paused. The official spoke on condition of anonymity to discuss sensitive matters.

Zelenskyy said Saturday that his officials have proposed a new round of peace talks this week. Russian state media on Sunday reported that no date has yet been set for the negotiations, but said that Istanbul would likely remain the host city. The Kremlin spokesman said Sunday that Russia is open to peace with Ukraine, but achieving its goals remains a priority.

Ukraine also fires drones at Moscow

The overnight Russian barrage of Kyiv began shortly after midnight and continued until around 6 a.m. Residents of the capital were kept awake by machine-gun fire, buzzing drone engines and multiple loud explosions.

It was the first major attack on Kyiv since Trump’s special envoy to Ukraine, Keith Kellogg, arrived in the city last Monday. Russia halted strikes on Kyiv during his visit.

Russia’s Ministry of Defense said its attack used drones and Kinzhal hypersonic missiles. It said that the barrage successfully targeted airfield infrastructure and Ukraine’s military-industrial complex.

Ukraine’s air force said Russia launched 426 Shahed and decoy drones overnight Monday, as well as 24 missiles of various types. It said 200 drones were intercepted with 203 more jammed or lost from radars.

Four Ukrainian planes “unintentionally penetrated” Romanian airspace for several minutes but did not pose a threat to national security or civilian lives, Romania’s Ministry of National Defense said. It said the brief incursion occurred as Ukraine took measures to move military aircraft away from airfields in western Ukraine amid the Russian bombardment.

Ukraine, meanwhile, continued to deploy its domestically produced long-range drones. Russia’s Ministry of Defense said that its forces shot down 74 Ukrainian drones overnight, with almost a third of them destroyed close to the Russian capital. Twenty-three drones were shot down in the Moscow region, the ministry said, 15 of which were intercepted over the city itself.

Novikov reported from Kyiv, Ukraine. Associated Press writer Stephen McGrath in Bucharest, Romania contributed to this report.