The company received reports that the stoppers on some of its products had “forcefully ejected,” striking customers and causing permanent vision loss in a few cases, safety regulators said.
Category: United States
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Spirit Airlines Prepares to Shut Down
The low-fare airline, which has struggled for years, had been trying to secure a $500 million lifeline from the Trump administration.
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Trump’s Tariff Reversal Reopens a Major Market for Scotch Whisky
A 10 percent tax on American imports was hurting British sales, even though exporters had increased sales in India, China and other countries.
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Why U.S. Oil Companies Are Not Plugging the World’s Energy Gap
American producers are under pressure from investors to keep spending in check, and they are wary of drilling more wells because they are not sure oil prices will stay high.
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Where in the World Is All That Gold Stored?
As central banks buy more gold, where to put all that heavy metal is an increasingly important question. Reserves must be secure and ready to trade in a crisis.
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Ford Reports Higher Profit Thanks Partly to Tariff Refund
Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that were later struck down by the Supreme Court.
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Loss of Emirates Further Weakens OPEC’s Influence
The exit of the United Arab Emirates is the most significant in a series of departures from the oil cartel in recent years.
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Prime Minister Mark Carney Says Canada’s Economy Is Expected to Grow and Deficit to Fall
Prime Minister Mark Carney’s budget update keeps to his path of diversifying away from the United States.
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The World Needs Natural Gas Now, but the U.S. Is Exporting All It Can
Even the largest global supplier of liquefied natural gas can’t make up for the shortfall since the war in Iran cut off an important source.
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Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise
A trade group for the airlines is seeking $2.5 billion to help offset the big jump in jet fuel costs since the start of U.S.-Israeli attacks against Iran.
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United Airlines Says It Pitched American on Merger but Was Rebuffed
United’s chief acknowledged for the first time that he had broached the idea of a merger with American, which was unwilling to consider it.