Category: Financial News
$57 Million Awarded in Vaginal Mesh Lawsuit
A jury in Philadelphia awarded $57.1 million to a woman who was injured by vaginal mesh implants made by Johnson & Johnson.
Honda Recalls Off-Road Motocross Motorcycles for Crash Hazard
Honda has recalled about 5,700 of the model-year 2015 and 2016 Honda CRF450R motocross off-road motorcycles because the transmission gear can break, posing a crash and injury hazards.
Walmart Recalls 1.6M Dressers for Tip-Over Hazard
Walmart has announced a recall for 1.6 million Ameriwood Mainstays 4-drawer dressers because they can tip over and crush children.
Honda Agrees to Pay $500 to Owners of Vehicles With Defective Airbags
Honda Motor Corp. has agreed to pay $500 each to up to 16.5 million owners of Honda and Acura vehicles that were equipped with defective Takata airbags, per the terms of a new $605 million class action settlement.
Another Jeep Fire Death Renews Safety Concerns
The death of an Ohio woman who was rear-ended at a red light has renewed concerns about the fire hazards of older-model Jeeps with big gas tanks located between the rear axle and rear bumper.
Wolfgang Puck Pressure Cooker Lawsuit Filed in Texas
A woman from Texas has filed a lawsuit claiming her Wolfgang Puck Pressure Cooker was defective and exploded hot gumbo and steam all over her body, resulting in 2nd- and 3rd-degree burn injuries.
After the Storm: 80% of Hurricane Harvey Flood Victims Uninsured
Homeowners who suffered flood damage from Hurricane Harvey are more likely to be on the hook for the expenses than those in previous disasters, dealing a crushing blow to the Gulf Coast economy that could take years or even decades...
Recall: 2018 Chevrolet Equinox, GMC Terrain, GMC Acadia
A recall has been issued for approximately 2,900 of the model-year 2018 Chevrolet Equinox, 2018 GMC Terrain SUVs, and 2017-2018 GMC Acadia SUVs because the drive shaft may be defective.
Volkswagen Recalls 281,000 Vehicles Over Engine Stalling Problem
Volkswagen has issued a recall for nearly 281,000 CC and Passat sedans and wagons in the U.S. over concerns that the fuel pumps can fail, causing the vehicles to stall without warning.
Fiat-Chrysler Recalls 2017 Dodge Hellcats Over Potential Oil Leak
Fiat-Chrysler Automobiles has announced a recall for the 2017 Dodge Challenger Hellcat and 2017 Dodge Charger Hellcat for potential failed engine cooler lines, which could result in rapid loss of engine oil.