Category: Financial News
$38 Million Awarded to Woman Paralyzed in Uber Car Accident
A state jury in Texas ordered Honda to pay $37.6 million to a woman who was paralyzed when her Uber driver ran a red light, after finding that the seatbelt system in the Honda Odyssey minivan was defective.
Honda Recalling 437,000 Vehicles for Defective Fuel Pump
Honda Motor Corp. announced this week that it is recalling 437,000 vehicles in the U.S. to fix a fuel-pump problem that could cause affected models to stall during use, increasing the risk of a crash and/or serious bodily injury.
Target Recalls Unicorn Toddler Boots Due to Choking Hazard
Target has recalled over 33,000 unicorn boots for toddlers because the horn can detach, posing a choking hazard for children.
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...
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.
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.
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).
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.
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.
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).