The Consumer Product Safety Commission is warning consumers about the risk of battery fires with King Song electric unicycles. It urges consumers to stop using the unicycles with model number KS-16S immediately and dispose of them at a recycling facility or household hazardous waste collection point.
Bank of America will pay $250 million for botching the disbursement of state unemployment benefits at pandemic's height. The bank froze people’s accounts with a faulty fraud detection program, and then gave them little recourse when there was no fraud, the Consumer Financial Protection Bureau said Thursday.
Refunds are still available to consumers who were tricked into wiring money to scammers through Western Union between January 1, 2004 and January 19, 2017. The deadline to file a claim has been extended. If you haven’t file a claim for a refund yet, you now have until Aug. 31 to file.
SunVilla Corp. is recalling about 400,000 10-foot Solar LED Market umbrellas in the United States and about 33,000 in Canada. The lithium-ion batteries in the umbrella’s solar panels can overheat, posing fire and burn hazards. The firm has received six reports of the lithium-ion batteries overheating.
FTC tells three companies they can’t void warranties or deny warranty service if others make repairs
When a consumer product goes bad – whether it’s a motor vehicle, home appliance, or something else – and it’s under warranty, you may want to take it to where you purchased it for repair. Or, you may choose an independent repair shop or a do-it-yourself solution.
After raising prices five times in the past year, General Mills, a corporate giant that manufacturers and markets packaged foods, saw its fourth quarter profits jump 97 percent to $823 million. For its 2022 fiscal year, the company’s profits rose 16 percent to $2.7 billion.
ShelterLogic Group is recalling about 786,000 RIO-branded swinging hammock chairs. Improper insertion of the pins provided for assembly can cause the chair’s legs to collapse, posing an injury risk to the user. ShelterLogic Group has received 24 reports of incidents that resulted in injuries.
With the arrival of summer, consumers are headed to the nearest swimming pools and beaches, and they’re firing up grills for picnics and barbecues. The CPSC is urging people to be vigilant about safety as they return to summer activities. It encourages people to prevent injuries before they happen.
Over the years, I’ve written many times about kids getting their hands blown off from fireworks. It’s already happened in my state this year. A 14-year-old lost his left hand and injured his other hand while reportedly playing with fireworks in Federal Way, Washington. A firework had blown up in the teen’s hand.
In states that allow high-cost loans, excessive interest rates can trap borrowers in a cycle of debt. Caps on interest rates and loan fees are the main way states can protect consumers from predatory lending. Forty-five states cap interest rates and loan fees for some consumer installment loans, depending on the loan size.