Remember all those Mattel toy recalls last year? Apparently it didn’t cripple the company as much as some experts predicted. The Motley Fool posted an interesting article yesterday on the tenuous recovery of the company. Mattel’s fourth-quarter earnings are up 15% over last year, and the stock price - still drastically
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Less than a week after announcing a 21.7 million pound recall of ground beef, Topps Meat closed its doors.
The recall, one of the largest beef recalls in U.S. history, was initiated because the meat was potentially contaminated with E. coli. It was the first recall for the company, founded 67 years ago.
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Nearly 22 million pounds of meat were recalled last Wednesday after E. coli bacteria was suspected to be in the meat, resulting in at least 25 injuries.
Topps Meat, Co. recalled the meat, which included ground beef and those packages that have either a “sell by” or “best if used by” date between September 25, 2007 […]
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Fisher-Price has announced a recall of nearly one million Chinese-made toys over concerns of lead-based paint.
The worldwide recall affects 967,000 Nickelodeon and Sesame Street toys, including such popular items the Big Bird, Elmo, Dora and Diego characters.
In an interview with the Associated Press on Wednesday, David Allmark, general manager of Fisher-Price, said the problem […]
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We’ve all heard stories of attorneys that charge an arm and a leg (and possibly your first-born) for their services. But N.C. Superior Court Judge Ben Tennille was less than forgiving in his recent criticism of a Sears class action settlement in which attorneys collected almost 400 times the amount that the plaintiffs received. Tennille […]
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According to an exclusive report coming out of Bloomberg, Medtronic, the world’s largest maker of electronic heart devices, has agreed to pay more than $75 million to settle lawsuits claiming it hid defects in its defibrillators.
Medtronic has been facing approximately 2,000 claims over battery defects in the defibrillators which are potentially fatal and had […]
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Actually the proper term from the nuclear cold war drill of the 1950s is “duck, cover and roll.” However, the “roll” part seems inappropriate today as Online Tire Review (yes, there really is such a website - www.tirereview.com) broke the news yesterday that Foreign Tire Sales (FTS), the New Jersey importer at the center […]
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Toshiba has announced that it will redouble its efforts to encourage greater customer response to its recall of certain ‘flamable’ Sony batteries that had installed in Toshiba laptops. The original recall had been announced by Sony in September of last year with customers eligible to receive free replacement of the battery packs […]
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According to media reports, a NY man is suing Novartis over a days-long erection that he attributed to ingesting the Boost Plus Nutritional Energy Drink.
As 29-year-old Christopher Woods told the New York Post…
“It gave me a lot of energy — too much energy,” Woods said of the protein drink. “It was unbearable and embarrassing.”
“It […]
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The U.S. Consumer Product Safety Commission (CPSC) announced yesterday that Hoover Company Inc., of North Canton, Ohio, has agreed to pay a $750,000 civil penalty. The penalty, which the Commission has provisionally accepted settles allegations that the company failed to report to CPSC the sale of vacuum cleaners with defective on-off switches that can […]
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