Business Events Product Recalls

  • SEOUL/ NEW YORK, Sept 9- A U.S. government safety agency on Friday urged all consumers to stop using Samsung Galaxy Note 7 phones, which are prone to catch fire, and top airlines globally banned their use during flights. It voluntarily issued a recall last week for 10 markets including the United States, and it was expediting shipments of replacement phones to...

  • WASHINGTON, Sept 9- General Motors Co said on Friday it will recall nearly 4.3 million vehicles worldwide to fix a software defect that can prevent air bags from deploying during a crash, a flaw already linked to one death and three injuries. Despite the rash of problems with air bags in recent years, a spokesman for the U.S. National Highway Traffic Safety...

  • WASHINGTON, Sept 9- General Motors Co said on Friday it will recall nearly 4.3 million vehicles worldwide due to a software defect that can prevent air bags from deploying during a crash, a flaw already linked to one death and three injuries. GM stock fell on the news and was trading down $0.90 a share to $30.81, down 2.8 percent. The U.S. National Highway Traffic...

  • GM recalls nearly 4.3M vehicles for air bag defect

    General Motors recalls nearly 4.3 million vehicles due to an air bag defect. CNBC's Sue Herera reports the details.

  • 2015 Nissan Murano.

    In some cases, owners should park their vehicles outside until they are fixed.

  • Galaxy Note 7

    Samsung Galaxy Note 7 users shouldn't turn on or charge their smartphones during flights due the phone's fire-prone batteries, the FAA says.

  • Sept 8- Ford Motor Co said it is expanding a safety recall to include about 1.5 million additional vehicles to replace side-door latches that could unlatch while driving. The automaker said on Thursday it has identified one reported accident and three reported injuries that may be related to this issue. The expansion of the recall would result in the company...

  • Checking the paint coating of Mazda CX-5 cars at the Mazda Sollers Manufacturing Rus factory, Vladivostok, Russia.

    Mazda is recalling more than 759,000 cars and SUVs in the U.S. and Canada because the rear hatches can fall on people and injure them.

  • SEOUL, Sept 6- In its rush to beat rival products to market, notably Apple's new iPhone, Samsung Electronics has accelerated new phone launch cycles, but its haste is raising concerns that it fell short on quality testing. On Friday, two weeks after launch, Samsung recalled Galaxy Note 7 smartphones in 10 markets including South Korea and the United States after...

  • Galaxy recall a good gesture from Samsung: Analyst

    The total cost of the smartphone recall could reach up to $2 billion dollars, says Patrick Moorhead, president of Moor Insights & Strategy.

  • Samsung Note 7 recall to cost half a billion: Analyst

    Losses in market share and potential sales will affect Samsung more than the costs of replacing faulty smartphones, says Bernstein's Mark Newman.

  • *China unaffected as models use different batteries. SEOUL, Sept 2- Samsung Electronics Co Ltd will replace all Galaxy Note 7 smartphones equipped with fire-prone batteries and halt sales of the flagship product in 10 markets, a devastating blow for what had been a revival in the firm's mobile business. Koh Dong- jin, head of the South Korean company's smartphone...

  • 2013 Mazda 3 sedan

    Mazda Motor said it would recall a total of 2.3 million vehicles worldwide over potential problems with their rear gates.

  • SEOUL, Sept 2- Tech giant Samsung Electronics Co Ltd is considering a recall of its new flagship Galaxy Note 7 devices amid reports that some of the premium phones are catching fire due to battery problems, a person familiar with the matter said on Friday. The person did not comment on the schedule or scope of a recall but South Korea's Yonhap News Agency, citing an...

  • *Note 7 launch in some Europe markets delayed- Yonhap. SEOUL, Sept 2- Tech giant Samsung Electronics Co Ltd is considering a recall of its new flagship Galaxy Note 7 devices amid reports that some of the premium phones are catching fire due to battery problems, a person familiar with the matter said on Friday. The last thing they want is for memes to be spreading on the...

  • Samsung Galaxy Note 7

    Samsung is considering a recall of the Galaxy Note 7 amid reports that some of the premium phones are catching fire due to battery problems.

  • SEOUL, Sept 2- Tech giant Samsung Electronics Co Ltd is considering a recall of its Galaxy Note 7 devices amid reports that some of the premium phones are catching fire due to battery problems, a person familiar with the matter told Reuters on Friday. It did not elaborate on any problems it may have found with the gadget, which was launched in South Korea and other...

  • SEOUL, Sept 2- Tech giant Samsung Electronics Co Ltd is considering a recall of its Galaxy Note 7 devices amid reports that some of the premium phones are catching fire due to battery problems, a person familiar with the matter told Reuters on Friday.

  • *Q4 sales dip slightly, adjusted EPS misses estimates. Sept 1- Campbell Soup Co reported a smaller-than-expected quarterly adjusted profit due to a product recall as well as higher costs and lower sales of carrots, issues that the company expects will dent sales for the rest of the year. Campbell Fresh operating profit plunged 62 percent in the quarter and sales...

  • Mazda

    The Japanese automaker identifies two problems it must fix in certain vehicles worldwide.