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TORRANCE (CNS) - General Motors and Honda Motor Co. announced Thursday they have signed a memorandum of understanding toward establishing a North American automotive alliance.According to a jointly issued statement, the "scope of the proposed alliance includes a range of vehicles to be sold under each company's distinct brands, as well as cooperation in purchasing, research and development, and connected services."Honda, with North American headquarters in Torrance, and GM "would collaborate on a variety of segments in North America, intending to share common vehicle platforms, including both electrified and internal combustion propulsion systems that align with the vehicle platforms."Co-development planning discussions will begin immediately, with engineering work expected to begin early next year.The announcement builds on the agreement signed between the companies in April to jointly develop two all-new electric vehicles for Honda based on GM's global EV platform powered by Ultium batteries.The GM-Honda relationship, which began more than two decades ago, includes recent collaborations on fuel cells, batteries and the Cruise Origin shared autonomous vehicle."This alliance will help both companies accelerate investment in future mobility innovation by freeing up additional resources. Given our strong track record of collaboration, the companies would realize significant synergies in the development of today's vehicle portfolio," said Mark Reuss, president of General Motors."Through this new alliance with GM, we can achieve substantial cost efficiencies in North America that will enable us to invest in future mobility technology, while maintaining our own distinct and competitive product offerings," said Seiji Kuraishi, executive vice president of Honda Motor Co. Ltd."Combining the strengths of each company, and by carefully determining what we will do on our own and what we will do in collaboration, we will strive to build a win-win relationship to create new value for our customers," Kuraishi added.All facets of the alliance will be governed by a joint committee made up of senior executives from both companies. 2159

T-Mobile and Sprint finally agreed to a massive telecom merger after years of negotiations punctuated by two breakups.The  billion merger, announced Sunday, values Sprint near its current share price of .50.The tie-up would position the telecom companies as fiercer competitors to Verizon and AT&T, which have long dominated the US market."I'm excited to announce that @TMobile & @Sprint have reached an agreement to come together to form a new company -- a larger, stronger competitor that will be a force for positive change for all US consumers and businesses! Watch this & click through for details." said T-Mobile CEO John Legere, in a tweet Sunday.A report that the deal was getting close drove up Sprint's stock price by 8% on Friday and T-Mobile's price edged up as well. The stock price for SoftBank, a Japanese conglomerate with a majority stake in Sprint, rose by 3%.Sprint and T-Mobile first discussed a merger in 2014 but scrapped it because of concerns about regulatory challenges from the Obama administration.The companies expected to have a better shot at the merger under the Trump administration.Sprint stock tanks as T-Mobile merger said to collapseSoftBank CEO Masayoshi Son met with Trump the month before he took office to talk up an investment in US businesses.A few weeks later, T-Mobile's Legere said he was open to "various forms of consolidation" when asked about a potential merger with Sprint and SoftBank under the Trump administration.But last November, after much speculation, the two companies issued a statement saying they "have ceased talks.""While we couldn't reach an agreement to combine our companies, we certainly recognize the benefits of scale through a potential combination. However, we have agreed that it is best to move forward on our own," Marcelo Claure, the Sprint CEO, said at the time.Sprint and T-Mobile's announcement is just the latest step in an ongoing movement towards telecom consolidation. AT&T is in talks to acquire Time Warner, which owns CNN and CNNMoney. The outcome of that billion merger-in-the-making depends on a case in federal court, which is pending the decision of the judge. 2203

Three summer camps in two different states have closed after staff members and campers tested positive for COVID-19.According to the Stone County Health Department's Facebook page, 82 campers, counselors, and staff members at the Kanakuk K-2 Camp in Lampe, Missouri, tested positive for the deadly virus. 312

This data hack is huge -- 1.4 billion passwords are now floating around on the dark web. In December, a massive data leak was discovered, and many computer gurus are capable of accessing the information, said cybersecurity expert Dan Petro. "Certainly like one of the biggest password leaks ever," said Petro.Hackers combined smaller lists with new hacked data into one massive database."If you're like almost everybody else, you probably just have one password or maybe a small set of passwords you use for basically everything. So having these leaked online is threatening not just to your one account but perhaps all the other ones," Petro said.Rob Hanna was one of the many internet users whose password was exposed. Within seconds of accessing the database, someone could easily find his hacked password and email."I’m really quite stunned about that. That's scary. And I've been pretty careful about trying to really manage that for a lot of years," said Hanna.Even if your bank account password is different, Petro said with access to your email account, hackers can get into your bank using the "forgot password" feature. It often emails you a link that lets you or a hacker set up a new password.Security experts recommend frequently changing passwords, using hard-to-guess passwords. For those who have a tough time remembering passwords, something called 2-factor authentication can help.Most email services let you turn it on in your settings. Whenever someone tries to sign into your account from a new computer or phone, not only do they need your password but a secret code texted from your email company to your phone. You must enter both."That way if your password gets leaked in a large online database such as this one attacker still won't be able to log in," said Petro.Hanna, who has kept a spreadsheet of his emails and passwords for different sites, now has a task ahead of him: figure out which of the several dozen logins he uses must be changed so no one does any damage using his hacked information."So if that kind of got out and someone really wanted to kind of take a run at me that could give them a lot control," Hanna said. 2199

Thousands of infant and child strollers are being recalled because of concerns children could become trapped and strangle themselves in the straps.The U.S. Consumer Product Safety Commission issued a recall of three models of Costway strollers, roughly 16,000 strollers are impacted. (see details below)The strollers “violate the Federal Standard for Carriages and Strollers” according to the CPSC, allowing a child’s body to pass through an opening between the tray and seat, leading to possible entrapment or strangulation.No injuries or incidents have been reported at this time.The impacted strollers were sold on the company’s website and Amazon between May 2016 and December 2019.Strollers should be returned for a refund according to the CPSC. People with these strollers can call Costway toll-free at 844-242-1885 from 9 a.m. to 5 p.m. PT Monday through Friday or by email at recall@costway.com for more information. The firm is contacting all known purchasers directly.Recalled models:Infant Double Stroller, model #BB4476 in red, gray, blackInfant Double Stroller, model #BB4613 in blackFace to Face Double Stroller, model #BB4690 in gray 1156