Category: Financial News
BMW Recalls 7-Series Cars Amid Reports That Doors Fly Open While Driving
BMW is recalling more than 45,000 older 7-Series cars in the U.S. because the doors can fly open unexpectedly while they're being driven.
U.S. Justice Department Sues Fiat Chrysler Over Emissions Cheat Software
The United States Government filed a lawsuit Tuesday against Fiat Chrysler Automobiles (FCA), charging the company with building and selling diesel engines that violate the Clean Air Act.
Woman Wins $100,000 in Starbucks Hot Coffee Lawsuit
A jury in Florida ordered Starbucks to pay $100,000 to a mom who was severely burned by a hot coffee spill at the drive-thru window.
Graco ‘My Ride 65’ Car Seats Recalled for Failing Crash Tests
Graco recalled over 25,000 "My Ride 65" car seats because the harness webbing can break and fail to protect a child in a crash.
Electric Stoves Recalled After Plumber’s Electrocution Death
After the death of a plumber in New Hampshire, about 6,300 Blomberg and Summit electric ranges were recalled for a shock and electrocution hazard.
$2 Million Awarded in Ryobi Table Saw Injury Lawsuit
A man who accidentally cut off his finger while using a table saw has agreed to a $2 million settlement with Ryobi Technologies, Inc.
Children’s Plush Toys Recalled Over Choking Hazard
Douglas Company Inc. is recalling about 25,000 children’s plush toys over concerns that the plastic eyes can detach, which poses a choking hazard.
Four Auto-Makers Pay $553 Million Airbag Lawsuit Settlement
Toyota, Subaru, Mazda, and BMW will pay a $553 million class action lawsuit settlement to compensate consumers for out-of-pocket expenses and loaner vehicle costs due to Takata airbag recalls.
Whistleblower Prompts Recall of 240,000 Hyundai and Kia Vehicles
South Korea has ordered Hyundai and Kia to recall approximately 240,000 vehicles for five types of defects initially raised by a whistleblower.