Consumer Product Safety Commission

Peloton Interactive Inc (NASDAQ: PTON) shares traded slightly higher in a down day for the market on Wednesday after the company announced a software update for its recalled treadmills. What Happened? Peloton has announced it is rolling out a software update for its Tread and Tread+ treadmills just...

Peloton Interactive Inc (NASDAQ: PTON) shares traded lower by 9.5% on Monday after one regulator called for a large-scale product recall due to safety concerns. What Happened? Over the weekend, the U.S. Consumer Product Safety Commission (CPSC) issued a warning related to Peloton’s Tread+...

Peloton is under federal pressure to recall its Tread+ machine after one child died and other customers were injured last month.  What Happened: Federal regulators are asking exercise equipment company Peloton Interactive Inc (NASDAQ: PTON) to conduct a safety recall of its $4,295 Tread+...

Market analysts say Fisher-Price’s voluntary recall of nearly 5 million infant sleepers could cost Mattel Inc. (NASDAQ: MAT) $40 million to $60 million not counting potential legal costs and increases the risk to its shares. What Happened The company, in cooperation with the U.S. Consumer...

Target Corporation (NYSE: TGT) is recalling, quickly, an Easter Egg toy that if ingested could expand and kill the child who eats it, according to the Consumer Product Safety Commission. The recall was announced by the agency just prior to the holiday weekend. “Surgery is required to remove...

Lumber Liquidators Holdings Inc (NYSE: LL) shares are surging 3.4 percent in early Wednesday trading after the company cleared yet another legal hurdle related to product safety. A California court has ruled in favor of Lumber Liquidators in a 2014 lawsuit claiming that the company didn’t...