Category: Financial News
Moonrays Globe Lights Recalled for Fire Hazard
Nearly 20,000 Moonrays Mystic Globe and Winter Snow Globe outdoor LED stake lights were recalled due to a fire hazard.
VW to Recall Nearly 5 Million Vehicles in China Over Defective Takata Airbags
The Volkswagen Group is recalling about 4.86 million cars in China, the latest recall in a seemingly endless string of similar actions involving deadly Takata airbag inflators.
Britax Recalls Infant Seats Over Choking Hazard
Britax Child Safety is recalling more than 207,000 infant car seats over concerns that a chest clip can break, causing a choking hazard.
$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...