Category: Financial News
KIA Recalls 340,000 Souls to Fix Steering Problem
Kia Motors America Inc. has issued a recall for 342,381 of its Soul cars because an initial repair may not have fixed a steering flaw.
Allred Urges Settlement Fund for Weinstein Sex Abuse
Attorney Gloria Allred urged The Weinstein Co. to establish a "substantial" settlement fund to compensate sex abuse victims of the company's co-founder, Harvey Weinstein.
Toyota Recalls Sienna Minivans Over Defect That Could Cause Vehicles to Roll Away When Parked
Toyota Motor Corp. is recalling about 310,000 Sienna minivans in the U.S. to fix potentially defective shift levers that could move out of park, causing the vehicle to roll away.
Samsung J7 Phone Explodes on Jet Airways Flight
It was a close call for nearly 120 people on board a Jet Airways airplane when a Samsung J7 mobile phone exploded mid-flight in India. The airplane landed safely after the crew put out the fire.
Nearly 500,000 Dishwashers Recalled Over Fire Hazard
Hundreds of thousands of BSH Home Appliances dishwashers are being recalled amid reports of power cords overheating and causing fires, according to the U.S. Consumer Product Safety Commission (CPSC).
Polaris Recalls 2014-2016 ACE 325 Off-Road Vehicles
Polaris has recalled about 6,300 of the ACE 325 recreational off-highway vehicles (ROVs)
Ford to Recall 1.3 Million Trucks for Issue That Could Cause Doors to Open While Driving
America’s second-leading automaker said Wednesday that it will be recalling about 1.34 million vehicles in North America to fix a problem that could allow a door to open unintentionally in certain conditions.
Risperdal Lawsuit Ends in $1 Million Jury Award
A federal jury in New York awarded $1 million to a man to developed gynecomastia after he was given Risperdal (risperidone) as a child.
Daimler to Recall 1 Million Vehicles for Wiring Problem That Could Trigger Airbags Unexpectedly
German automaker Daimler AG is recalling more than 1 million Mercedes Benz luxury cars worldwide over a potential wiring defect that could cause the airbag to deploy unexpectedly.
Consumer Watchdog Demands Recall of Millions of Ford Explorers Over Exhaust Leaks
The Center for Auto Safety (CAS) is demanding a recall of more than 1.3 million Ford Explorers over concerns that the vehicles may emit dangerous carbon monoxide fumes.