Takata airbag fund pays out another $46 million to 161 victims

The fund established to compensate victims of Takata’s defective airbag inflators is writing more checks. The fund administrators have announced they are paying an additional $46 million to settle 161 more claims.

The fund has already paid out billions of dollars after the largest auto recall in history. The airbag inflators can degrade over time...

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Droves of NY nursing home staffers still not vaccinated against COVID-19

Huge numbers of employees at New York nursing homes still haven’t been vaccinated against COVID-19 — with more than 60 percent of staffers at some city facilities refusing to get the jab, state data shows.

The vaccination rates among workers drastically trail that of vulnerable residents at the same facilities, sparking outrage from advocates who...

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Peloton treadmills recalled; CEO apologizes for fighting U.S. regulators

Peloton has agreed to recall all of its treadmills and apologized for having fought the federal government's request to do so after the equipment came under scrutiny in the death of a 6-year-old child.

The exercise services company and the U.S. Consumer Product Safety Commission (CPSC) on Wednesday jointly announced voluntary recalls of Peloton Tread+...

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3M hit with $6 mln punitive damages by U.S. jury in first combat earplug trial

3M Co (MMM.N) was found liable on Friday for hearing damage suffered by three U.S. military veterans who accused the company of covering up design defects in its earplugs, a blow to 3M which faces more than 200,000 similar claims.

The jury awarded each of the plaintiffs $2.1 million in punitive damages and a total...

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Acella Pharmaceuticals recalls NP Thyroid drug again

Acella Pharmaceuticals can’t seem to get its thyroid medicine right.

Acella recalled a whopping 35 commercial lots and three sample lots of NP Thyroid medicine, used to treat underactive thyroids, for sub-potency. Testing found these lots had less than 90% of the active ingredients liothyronine (T3) and/or levothyroxine (T4) as claimed on the bottle labels.

If...

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Kia Recalls 147,000 Seltos and Soul Models For Fire Risk, Could Require Engine Swap

The 2020-2021 Kia Soul and the 2021 Kia Seltos are at the heart of a new recall. The Korean brand is recalling 147,249 vehicles as a result of an engine flaw that could lead to a fire.

The recall relates specifically to vehicles fitted with the 2.0-liter Nu MPI engine whose piston oil rings may...

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