Category: Financial News

Ford Recalls 1.4 Million Cars for Loose Steering Wheels

Ford to Recall Nearly 1.5 Million F-150 Pickups for Transmission Problems

Ford Motor Co. announced on Wednesday that it will be recalling about 1.48 million F-150 pickup trucks in North America over concerns that a potential defect in the transmission system could cause affected models to downshift unexpectedly, increasing the risk...

/ February 13, 2019
takata-airbag

More Vehicles Recalled for Deadly Takata Airbags

A recall was announced on Friday for another 1.7 million vehicles equipped with defective Takata airbags which may explode without warning when the car is in use, ejecting high speed shrapnel at drivers and passengers inside the cabin.

/ February 11, 2019
Dewalt Drill Recall

DeWalt Recalls 122,000 Drills Over Shock Hazard

DeWalt is recalling about 122,000 of its DWD110 and DWD112 drills in the U.S. over concerns the tools may have the potential to shock users.

/ February 8, 2019
Ram Pickup

Fiat Recalls Ram Pickups Over Steering, Brake Problems

Fiat Chrysler Automobiles (FCA) announced Tuesday that it is recalling about 882,000 pickup trucks worldwide in 2 separate actions to repair steering and brake pedal issues, according to the U.S. National Highway Traffic Safety Administration (NHTSA).

/ February 6, 2019
Volvo Emblem

Volvos Recalled for Fuel Line Cracks

Volvo Cars is recalling 200,000 diesel vehicles worldwide over concerns their fuel lines may crack, the Swedish automaker has announced.

/ January 23, 2019
Government Shutdown

How the U.S. Government Shutdown is Affecting the Legal Industry

The federal court system is predicting that the current government shutdown -- the longest shutdown in U.S. history -- will severely bog down civil litigation if not fixed by next Friday, extending its original estimate by a week.

/ January 17, 2019
Kia Logo

Kia to Recall Thousands of Vehicles Following ABC Investigation

Kia has announced plans to recall tens of thousands of cars, trucks and SUVs that could spontaneously catch fire without warning, according to the U.S. National Highway Transportation Safety Administration (NHTSA).

/ January 16, 2019
Specialized Recalls Select Bicycle Steerer Tube Collars — — Specialized is recalling "Future Shock" steerer tube collars on select Roubaix, Ruby, Diverge, and Sirrus bicycles because the steerer tube can crack and cause the rider to suddenly lose control and crash. Based upon reports from the field, Specialized believes that the steerer tube collar may be susceptible to stress corrosion cracking, which may result in sudden loss of steering control. Sudden loss of steering control increases the risk of accident, which could result in a serious injury to the rider and potentially other people. The recall affects all Roubaix, Ruby, Diverge, and Sirrus bikes sold between September 1, 2016 and December 31, 2018. The recall includes most Specialized bicycles from 2017, 2018, and 2019 equipped with Specialized’s Future Shock front road suspension. Consumers should stop riding their recalled bicycles immediately and return them to their nearest authorized Specialized retailer for a replacement steerer tube collar, free of charge. Specialized says the "new, improved collar which, together with an adjustment to the torque setting, will significantly improve the collar's resistance to stress corrosion cracking." Director Jon Goulet said the company has reported the matter to the U.S. Consumer Product Safety Commission (CPSC) and are working closely with them on a press release announcing the recall shortly. However, due to the ongoing U.S. government shutdown, recall websites are not active and the CPSC is not posting important recall information online until funding is restored. Source: Specialized Roubaix, Ruby, Diverge, and Sirrus Steerer Tube Collar Recall Announcement

Specialized Recalls Select Bicycle Steerer Tube Collars

Specialized is recalling "Future Shock" steerer tube collars on select Roubaix, Ruby, Diverge, and Sirrus bicycles because the steerer tube can crack and cause the rider to suddenly lose control and crash.

/ January 15, 2019
Cannabis Buds

Sticky Icky Recalled for Failing Tests in Detroit, Kalamazoo

Medical marijuana products sold in two Michigan cities are being recalled after samples failed laboratory testing, according to The Detroit News.

/ January 12, 2019
Toyota Logo

Takata Strikes Again: Toyota to Recall 1.7 Million More Vehicles Over Exploding Airbags

Toyota Motor Corp. has announced the recall of more than 1.7 million vehicles with airbag components that could cause the devices to explode without warning, sending dangerous metal shrapnel flying at high speed throughout the cabin. In what could accurately...

/ January 10, 2019