Stories Related to India Car Makers Post Mixed Sales

WASHINGTON — New vehicles sold in the U. S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules unveiled Friday by the Biden administration. The final rule will increase fuel economy by 2% per year for model years 2027 to 2031 for passenger cars, while SUVs and other light trucks will increase by 2% per year for model years 2029 to 2031, according to requirements released by the National Highway Traffic Safety Administration. The final figures are below a proposal released last year.

The operator of the 360 Chicago observation deck near the top of the former John Hancock Center has purchased the building’s 95th and 96th floors, which until September housed the Signature Room restaurant and Signature Lounge. 360 Chicago hasn’t decided how it will use the two floors, which are located directly above its 94th-floor observation deck.

NEW YORK — Kia America is recalling nearly 463,000 Telluride SUVs — and urging owners to park their cars outside and away from other structures until an issue posing a fire hazard is fixed. The front power seat motor on the affected Tellurides from the 2020-2024 model years may overheat because of a stuck slide knob, according to the National Highway Traffic Safety Administration.

May was a big bounce-back month at Bally’s Chicago, which generated a record $11.7 million in adjusted gross receipts and also hit new highs in admissions, according to data released Friday by the Illinois Gaming Board. The gaming revenue represented a 13% increase from April, when Bally’s saw its first month-over-month decline since the temporary casino opened at Medinah Temple in September. Bally’s Chicago admissions were up 5% for May to nearly 119,000 visitors, ranking second behind Rivers Casino Des Plaines, which remains the busiest and top revenue-generating casino in the state, according to the monthly data. But the numbers still fall short of city projections, with long-term growth hinging on the planned permanent casino at the soon-to-be demolished Freedom Center printing plant site in River West. Mark Wong, vice president and general manager of Bally’s Chicago, said in a news release increased membership in the casino’s loyalty program contributed to the record pace “as we grow closer to breaking ground on our permanent location.” Revenue was up 5% to nearly $144 million in May at the state’s 15 casinos, with more than a million visitors for the month, according to Gaming Board data. Through the first five months of 2024, Bally’s Chicago generated $52.4 million in adjusted gross receipts and more than $5.5 million in local tax revenue at its temporary River North casino, according to Gaming Board data. The city has projected Bally’s to generate $243 million in adjusted gross receipts and $35 million in local gaming taxes this year. Rhode Island-based Bally’s is continuing to navigate both a March buyout offer from its largest shareholder and an $800 million funding gap to build its planned $1.7 billion permanent Chicago casino at the Tribune’s 30-acre Freedom Center printing plant site. In March, New York hedge fund Standard General, which owns 23% of Bally’s, submitted an offer to buy out the rest of the stockholders at $15 per share, valuing the company at about $648 million.

Folium is a new Nintendo 3DS emulator that allows iOS owners to play classic titles on the go for a price. Jarrod Norwell, the mastermind behind Folium, has introduced a range of pricing options for this handheld device clone, which is now available on the app store. This might not go down well with Nintendo, which has mercilessly cracked down on anyone making money off its intellectual property, such as the now-defunct emulator Yuzu. 3DS emulator tempts fate Norwell is the first to list a 3DS app on the iOS store for a cash profit.