Category: Financial News

Harbor Freight Recalls Replacement Jack Stands for Weld Defect

Harbor Freight Recalls Replacement Jack Stands for Weld Defect

Harbor Freight recalled jack stands that were supposed to replace defective stands from a previous recall because they can collapse under a lifted vehicle.

/ July 8, 2020
GNC Files for Bankruptcy, Pays CEO $2.2 Million Bonus

GNC Files for Bankruptcy, Pays CEO $2.2 Million Bonus

GNC, the 85-year-old retailer of vitamins and dietary supplements, has become the latest big-name American company to seek Chapter 11 bankruptcy protection due to COVID-19 and overwhelming debt.

/ June 26, 2020
Bayer Pays $10 Billion Settlement in Roundup Cancer Lawsuits

Bayer Pays $10 Billion Settlement in Roundup Cancer Lawsuits

Bayer-Monsanto has agreed to pay at least $10 billion to settle roughly 100,000 lawsuits from people who claim Roundup® weed-killer caused them to develop non-Hodgkin's lymphoma.

/ June 24, 2020
HON and Maxon Office Chairs Recalled for Injury Hazard

HON and Maxon Office Chairs Recalled for Injury Hazard

The HON Company recalled about 13,400 office chairs after 11 reports of the back breaking. Two people suffered minor injuries.

/ June 18, 2020
Ford Recalls 2.1 Million Vehicles Again for Faulty Door Latches

Ford Recalls 2.1 Million Vehicles Again for Faulty Door Latches

Ford issued another recall for over 2.1 million vehicles with faulty door latches because two previous recalls may not have fixed the problem.

/ June 12, 2020
Chrysler Recalls 2017-2020 Pacifica Hybrids for Fire Hazard

Chrysler Recalls 2017-2020 Pacifica Hybrids for Fire Hazard

Chrysler is recalling over 27,000 model-year 2017-2020 Pacifica Hybrid plug-in minivans due to a fire hazard.

/ June 10, 2020
Nissan Recalls 1.8M Altima Cars for Hoods That Can Fly Open

Nissan Recalls 1.8M Altima Cars for Hoods That Can Fly Open

Nissan expanded a recall for 1.8 million Altima sedans with faulty hood latches that could cause the hood to fly open suddenly while driving.

/ June 5, 2020
JBS Hit With COVID-19 Lawsuit for Meat Worker's Death

JBS Hit With COVID-19 Lawsuit for Meat Worker’s Death

The family of a Philadelphia meat processing worker who died of COVID-19 has filed a wrongful death lawsuit against JBS.

/ June 4, 2020
Tyson Hit With COVID-19 Death Lawsuit in Texas

Tyson Hit With COVID-19 Death Lawsuit in Texas

Tyson has been hit with a wrongful death lawsuit after a meat-cutter died of COVID-19 after an outbreak at a plant in Amarillo, Texas.

/ May 27, 2020
Johnson & Johnson Ends Talc Baby Powder Sales in U.S. After 20,000 Cancer Lawsuits

Johnson & Johnson Ends Talc Baby Powder Sales in U.S. After 20,000 Cancer Lawsuits

Facing nearly 20,000 lawsuits from people with cancer, Johnson & Johnson has decided to stop selling talc-based Baby Powder in the U.S. and Canada.

/ May 21, 2020