Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Kudlow also confirmed to CNBC that he supported a tax cut proposal floated earlier Thursday by Sen. Rick Scott, R-Fla.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Investors are rushing to get a piece of its privately held rival Impossible Foods before it goes public, according to the Wall Street Journal.Food & Beverageread more
Weisler has been CEO at the company since 2015 when it split from HPE.Technologyread more
Companies want to know our values and if they work with us, "they want to be aligned with those values," Salesforce co-CEO Keith Block says.Mad Money with Jim Cramerread more
Instant Pot is recalling one of its pressure cooker models because it can pose a fire hazard.
The distributor has received 107 reports of the Gem 65 8-in-1 multicooker overheating, including five instances when it caused minor property damage, according to the U.S. Consumer Product Safety Commission.
No injuries have been reported.
The recall is for Gem 65 8-in-1 model with batchcodes of 1728, 1730, 1731, 1734 or 1746 printed on the rating label underneath the multicooker.
Read more from USA Today:
J.C. Penney slashes roughly 360 jobs, misses investors expectations
Nor'easter pounds East Coast; hurricane-strength winds possible
Three Percenters: What is the gun-toting group? And what do its supporters want?
The Instant Pots, which cost approximately $80, were sold exclusively at Walmart stores across the country and at www.walmart.com between August 2017 and this past January.
People who own these Gem 65 8-in-1 multicookers are advised to immediately stop using them and unplug them. They may be returned to Walmart for free replacements.
"The overheating is the result of a tooling misalignment during the manufacturing process, which created a gap between the bottom of the inner pot and the top surface of the heating plate in the product. This gap can cause the multicooker to overheat and melt on the underside, posing a fire hazard to consumers," Double Insight, the Ottawa-based importer and distributor of the multicooker said on its website.
The company said that people who own the recalled product and don't live near a Walmart store should contact Double Insight for a return shipping label and instructions for removing and returning the power cord and the rating label.
For more information, call 888-891-1473 8:30 a.m.-10 p.m. weekdays and 10 a.m.-6 p.m. weekends or go to www.gemmulticooker.com.
The affected multicooker is manufactured by Foshan Linshine Technology of Guangdong, China.