Category: Financial News
CPSC Recalls 7 Brands of Hoverboards Over Fire Risk
The U.S. Consumer Product Safety Commission (CPSC) is recalling at least 7 new brands of self-balancing scooters or “hoverboards” -- which do not actually hover, much to the disappointment of children everywhere -- due to a risk of fire and/or...
Uber Sex Assault Class Action Filed by 2 Women
The class action lawsuit against Uber was filed by two unnamed women who say they were assaulted by their drivers.
Lawsuit Filed Over Elite Bistro Pressure Cooker Explosion
Lawsuits and several complaints have been filed by people who were severely burned by pressure cooker explosions involving Maxi-Matic Elite Bistro 8-Quart Electric Pressure Cookers sold at Kohl's and HSN.
Nissan and INFINITI Vehicles Recalled for Exploding Airbags
Nissan and INFINITI are recalling certain vehicles manufactured between 2001 and 2006 over defective airbags that may explode without warning, the latest in a seemingly never-ending mega recall that refuses to die.
BMW Recalls 1.4 Million Vehicles for Fire Hazard
BMW recalled 1.4 million vehicles for risk of fire, with repairs starting on December 18. Until then, BMW asks owners to keep their cars outside to prevent parked cars from catching on fire in the garage.
Kidde Recalls 40.5 Million Fire Extinguishers After 1 Death
Kidde recalled 40.5 million fire extinguishers manufactured over the last 44 years after receiving 391 reports of malfunctions, 16 injuries, and 1 death. The fire extinguishers may not work in an emergency.
Exactech Optetrak Lawsuit Filed Over Knee Implant Failure
A man from Alabama has filed a lawsuit after his Exactech Optetrak knee replacement failed just a few years after he had knee surgery.
Polaris Recalls 2016-17 General All-Terrain Vehicles
After 5 incidents and 1 injury report, Polaris is recalling the 2016 and 2017 General 1000 off-road vehicles because the steering wheel can detach, resulting in a loss of control and a serious crash hazard.
Arctic Cat Recalls Wildcat ROVs for Fire Hazard
Arctic Cat recalled 19,500 Wildcat Trail (2014-17) and Wildcat Sport (2015-17) recreational off-road vehicles after receiving reports of 5 fires and 444 reports of plastic panels melting due to exhaust heat.
Billionaire Drug Company Founder Arrested in Opioid Bribery Scheme
One of the wealthiest men in the U.S. was arrested Thursday and charged with leading a kickback scheme in which doctors prescribed an opiate painkiller to patients who didn’t even need the medication.