Category: Financial News
Toys ‘R’ Us Pulls Tonka Trucks Due to Fire Risk
Toys R Us stops selling a ride-on Tonka truck after a family in Washington state said it burst into flames in the back of their actual pickup truck on the way home from the store. Good thing it wasn't under...
Oklahoma Town Hit By Earthquakes Sues Fracking Companies
An Oklahoma town hit by the largest earthquake in state history has filed a class action lawsuit accusing 27 energy companies of triggering the quakes by injecting fracking-wastewater on unstable fault-lines.
Saudi Arabia Warns Trump Not to Block Oil Imports
Saudi Arabia is cautioning President-elect Donald Trump against carrying out a threat to cut off all U.S. purchases of the kingdom's oil reserves.
Court Upholds $40 Million Jury Verdict in Jeep Fire Lawsuit
Judges upheld a $40 million award to the family of a 4 year-old boy who died in a Jeep that exploded into flames after a rear-end collision.
China to Block iPhone Sales if Trump Declares Trade War
China has threatened to stop buying American goods, including automobiles and the popular Apple iPhone, if president-elect Donald Trump delivers on a campaign promise to impose massive tariffs on the country's imports.
Texas Woman Files Cook Celect® IVC Filter Lawsuit
A woman who was injured by a blood clot filter that studies have linked to a 43% perforation rate has filed a lawsuit against Cook Medical.
Texas Woman Files Lawsuit After Takata Airbag Explodes
A woman who nearly died when her airbag exploded after a minor traffic accident has filed a lawsuit seeking over $1 million from Takata and Honda.
New Model Samsung Smartphone Reported to Catch Fire, Explode
Samsung may have yet another exploding smartphone on its hands, as a mother in France reported Monday that her Galaxy J5 swelled up, caught fire and exploded shortly after she had taken the device from her 4-year-old son.
29 Million IKEA Dressers Recalled After 4th Child Death
IKEA recalled 29 million chests and dressers because they can tip over if not anchored to the wall. They do not meet voluntary industry standard to withstand the weight of a 50-pound child climbing on the drawers.
EOS Lip Balm Class Action Settlement Announced
EOS has agreed to settle class action lawsuits and pay up to $4,000 to people who had severe skin rashes, blisters, and other side effects from the egg-shaped lip balm.