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☆ China e-commerce shipments would lose US tariff exemption under proposed law
▼ + stars: | 2023-06-14 | by ( Katherine Masters | ) www.reuters.com time to read: +2 min

The bill would ban such shipments from China immediately upon enactment, sponsor Republican Senator Bill Cassidy said. Ecommerce sellers such as China-founded, Singapore-based Shein and Temu, a rival owned by PDD Holdings Inc (PDD.O) that operates the Chinese ecommerce site Pinduoduo, are big beneficiaries of the exemption. De minimis shipments have drawn attention at least since 2019, when the U.S. Consumer Product Safety Commission reported it struggled to catch unsafe imports because of the heavy volume of low-value packages. Such shipments rose to 685.5 million in 2022 compared with 410.5 million in 2018, U.S. customs data showed. Under the bill, countries other than China and Russia could keep the exemption by adopting the $800 threshold for their own tariff-free imports.

Persons: Dado Ruvic, Bill Cassidy, minimis, Temu, De, J.D, Vance, Tammy Baldwin, Earl Blumenauer, Katherine Masters, Cynthia Osterman Organizations: REUTERS, PDD Holdings, U.S . Consumer Product Safety, Democratic, FedEx, UPS, DHL, Thomson Locations: U.S, China, Singapore, Xingiang, Xinjiang, Russia

☆ GOP burns for another culture war fight, pushing bills to 'save' gas stoves
▼ + stars: | 2023-06-14 | by ( Matthew Daly | Associated Press | ) www.businessinsider.com time to read: +6 min

The House GOP passed a bill to bar federal regulation of gas stoves. Some cities have banned new gas stoves over climate change and attempts to reduce energy use. The White House said the administration "has been clear that it does not support any attempt to ban the use of gas stoves,″ but GOP lawmakers say rules on gas stoves represent classic government overreach. New York state approved a law last month banning natural gas stoves and furnaces in most new buildings. The proposed Energy Department rule would save consumers up to $1.7 billion and cut down on emission that are dangerous to children's health, she added.

Persons: —, ″, Tom Cole, Joe Biden, Kevin McCarthy's, McCarthy, Cathy McMorris Rodgers, McMorris Rodgers, Mary Gay Scanlon, Scanlon Organizations: GOP, Service, Republican, Energy Department, Biden, Green, Democratic, Caucus, Consumer Product Safety, The Energy Department, House Energy, Commerce, DOE, embroil Locations: San Francisco, Berkeley , California, New York, United States, Washington

☆ China e-commerce shipments would lose U.S. tariff exemption under proposed law
▼ + stars: | 2023-06-14 | by ( ) www.cnbc.com time to read: +2 min

A bipartisan group of U.S. lawmakers planned to introduce a bill on Wednesday to eliminate a tariff exemption widely used by e-commerce sellers to send orders from China to U.S. shoppers, one of the sponsors said. The bill would ban such shipments from China immediately upon enactment, sponsor Republican Senator Bill Cassidy said. E-commerce sellers such as China-founded, Singapore-based Shein and Temu, a rival owned by PDD Holdings that operates the Chinese ecommerce site Pinduoduo, are big beneficiaries of the exemption. De minimis shipments have drawn attention at least since 2019, when the U.S. Consumer Product Safety Commission reported it struggled to catch unsafe imports because of the heavy volume of low-value packages. Under the bill, countries other than China and Russia could keep the exemption by adopting the $800 threshold for their own tariff-free imports.

Persons: Bill Cassidy, Temu, De, J.D, Vance, Tammy Baldwin, Earl Blumenauer Organizations: PDD Holdings, U.S . Consumer Product Safety, Democratic, FedEx, UPS, DHL Locations: Washington ,, U.S, China, Singapore, Xingiang, Xinjiang, Russia

☆ US House resumes passing bills amid Republican infighting
▼ + stars: | 2023-06-13 | by ( David Morgan | ) www.reuters.com time to read: +3 min

WASHINGTON, June 13 (Reuters) - The U.S. House of Representatives returned to the job of legislating on Tuesday, after a week-long standoff between Speaker Kevin McCarthy and a small group of hardline Republican conservatives ended in a temporary truce. The firearms bill, brought by hardline conservative Representative Andrew Clyde, would repeal new firearms restrictions on "stabilizing braces," which functionally convert pistols into short-barreled rifles. The House then voted 248-180 to pass the Gas Stove Protection and Freedom Act, the first of two Republican gas stove bills that the House is considering this week. Lawmakers are also due to take up massive bills renewing U.S. military programs and setting American agriculture policy for the next few years. Reporting by David Morgan and Richard Cowan; Editing by Jonathan Oatis and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Kevin McCarthy, Andrew Clyde, McCarthy, Joe Biden, Biden, Jim McGovern, David Morgan, Richard Cowan, Jonathan Oatis, Stephen Coates Organizations: U.S . House, Representatives, Republican, Gas, Protection, Product Safety, Democratic, Thomson

☆ These pillows were linked to 10 infant deaths and recalled 2 years ago but are still being sold on Facebook Marketplace
▼ + stars: | 2023-06-07 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

More than 3 million Boppy Newborn Loungers were recalled due to suffocation risk in September 2021. The US Consumer Product Safety Commission said it found thousands of them on Facebook Marketplace. WASHINGTON (AP) — Federal safety regulators are urging consumers to stop using baby pillows that have been linked to 10 infant deaths but are still being sold on Facebook Marketplace, despite being recalled two years ago. It cited the Boppy loungers as "a particularly egregious example" of a product that puts consumers at risk. The Boppy loungers under recall are Boppy Original Newborn Loungers, Boppy Preferred Newborn Loungers and Pottery Barn Kids Boppy Newborn Loungers.

Persons: Loungers, Mark Zuckerberg, Richard Trumka, CSPC, loungers —, Meta, CPSC, Fisher Price Organizations: US Consumer Product Safety Commission, Facebook, WASHINGTON, US Consumer Product Safety, Target, Walmart, Company, Associated Press

☆ Federal government urges consumers to stop using recalled Boppy infant loungers after additional deaths
▼ + stars: | 2023-06-06 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +2 min

The recalled products made by The Boppy Company, of Golden, Colorado, include Boppy Original Newborn Loungers, Boppy Preferred Newborn Loungers and Pottery Barn Kids Boppy Newborn Loungers. More than 3 million Newborn Loungers were recalled in September 2021 after eight infants died as a result of use of the product. The CPSC said the Newborn Loungers have not been legal for sale since they were recalled. The agency said It is unlawful for recalled products to be listed for sale on an online marketplace or to sell or donate a recalled product in any other manner. Consumers should stop using the recalled Newborn Loungers can contact The Boppy Company for instructions on how to dispose of the product and get a refund.

Persons: CPSC, Boppy Organizations: New, New York CNN, US Consumer Product Safety, Boppy, Facebook, Boppy Company Locations: New York, Golden , Colorado

☆ Recalled Boppy baby pillow linked to 10 infant deaths still widely sold on Facebook Marketplace, regulators say
▼ + stars: | 2023-06-06 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

A recalled baby pillow that's now been linked to at least 10 infant deaths is still being widely sold on Facebook Marketplace, and federal regulators are calling on the company to do more to stop the sales. A series of newborn loungers from The Boppy Company were recalled in September 2021 after eight deaths were linked to the product. Sales of the recalled products — which include the Boppy Original Newborn Lounger, the Boppy Preferred Newborn Lounger and the Pottery Barn Kids Boppy Newborn Lounger — have been illegal for nearly two years. "Far too often, the CPSC has found [recalled] products listed for sale on Facebook Marketplace even after recall information has been provided to your company. By allowing such products to be posted, you are putting Facebook Marketplace users at risk."

Persons: Mark Zuckerberg Organizations: Facebook, Boppy, Consumer Product Safety, CNBC

☆ Far-right House Republicans just sent gas stove bills up in flames — and it's a warning shot at Kevin McCarthy
▼ + stars: | 2023-06-06 | by ( Sarah Gray | ) www.businessinsider.com time to read: +4 min

Far-right House members are not pleased with House Speaker Kevin McCarthy's debt ceiling compromise. Eleven conservative GOP members nuked McCarthy's bans on banning gas stoves, sending his plans up in flames. The Gas Stove Protection and Freedom Act would have barred the Consumer Product Safety Commission from using federal funds to regulate gas stoves or issue safety guidance that would ban them or make them more expensive. To peel back the layers here: The folks who have championed gas stoves versus induction stoves in the culture wars voted against H.Res. 463 — a procedural vote to establish rules on a floor vote for two gas stove-related bills — to punish McCarthy.

Persons: Kevin, —, Kevin McCarthy, nuked, McCarthy, Matt Gaetz, Chip Roy, Matt Rosendale, Rob Bishop, Ken Buck, Lauren Boebert, Eli Crane, Andy Biggs, Tim Burchett, Ralph Norman, Bob Good, Steve Scalise, Caucus —, Gaetz, Farnoush Amiri Organizations: Service, Caucus, Gas, Protection, Product Safety, US Department of Energy, Biden White, H.Res, NBC, North Carolina Rep, Colorado, Colorado Rep, Arizona, Tennessee, South Carolina Rep, House Republicans, Gaetz Locations: Florida, Texas, Montana, Arizona, Virginia

☆ U.S. House Republicans aim to defend gas-stove owners' 'freedoms'
▼ + stars: | 2023-06-06 | by ( Richard Cowan | ) www.reuters.com time to read: +2 min

Republicans accuse the Biden administration of pursuing regulations that could impact the more than one-third of American households using gas stoves for cooking. "The White House wants to limit your ability to purchase and use gas stoves," House Rules Committee Chairman Tom Cole said on Monday. Democrats say they are trying to ensure new gas stoves do not lead to carbon monoxide poisoning or put children at risk of developing asthma. "Contrary to rhetoric out there, the government is not coming for anybody's gas stove," Democratic Representative Mary Gay Scanlon said on Monday. The votes come as the U.S. Consumer Product Safety Commission (CPSC) has begun collecting information on health hazards of gas stove emissions.

Persons: Biden, Tom Cole, Mary Gay Scanlon, Richard Trumka, Donald Trump, Richard Cowan, Andy Sullivan, Chris Reese Organizations: Republican, Democratic, U.S . Consumer Product Safety, Gas, Protection, Department of Energy, Thomson

☆ Target is recalling roughly 5 million candles after 137 reports of them cracking during use and 6 injuries
▼ + stars: | 2023-05-22 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +1 min

Target is recalling roughly 5 million candles after reports of lacerations and burns. The recall applies to certain Threshold glass jar candles sold between August 2019 and March 2023. Customers can return their candles to Target for a full refund, Target says. The recall, which affects about 4.9 million candles, comes after 137 reports of the glass jar breaking or cracking during use. The recall includes 5.5-ounce, 14-ounce, and 20-ounce candles in a range of scents, including vanilla bean and amber, whiskey and oak, and coconut sorbet.

☆ Recalled Peloton treadmills get US regulator approval for repair
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +1 min

May 18 (Reuters) - The U.S. Consumer Product Safety Commission (CPSC) on Thursday approved a repair for a rear guard of Peloton Interactive Inc's (PTON.O) recalled 'Tread+' treadmill. "The approved rear guard repair eliminates the potential for entrapment near the rear roller of the treadmill," the safety regulator said in a statement. "The rear guard repair features a breakaway design that pivots away from the treadmill when it comes into contact with a person or object, shutting off power to the unit and decelerating the belt." To date, in addition to the reported death, Peloton has received a total of 351 incident reports of pull-unders, including 90 reports of injuries to consumers, according to the CPSC. Peloton will offer the guard free of charge to all members who own a 'Tread+', the virtual workout company said in a statement on its website.

☆ Peloton will offer safety guard for recalled Tread+ treadmill
▼ + stars: | 2023-05-18 | by ( Natasha Piñon | ) www.cnbc.com time to read: +2 min

Maggie Lu uses a Peloton Tread treadmill during CES 2018 at the Las Vegas Convention Center on January 11, 2018 in Las Vegas, Nevada. Peloton said Thursday that it would release a rear safety guard for its Tread+ treadmill, working with the U.S. Consumer Product Safety Commission. The Tread+ treadmill has been at the heart of safety concerns surrounding Peloton in recent years. Sales for the treadmill have been halted since a young child died under a Tread+ treadmill in 2021. The safety guard will be offered free of charge to people who own a Tread+ treadmill, the company said in a release.

☆ Stocks making the biggest moves midday: PTN, BYND, GOOGL, PACW and more
▼ + stars: | 2023-05-11 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

The entertainment giant also reported revenue and earnings in line with Wall Street's estimates, according to Refinitiv. AppLovin — Shares popped 23.53% following the company's first-quarter revenue beat. Unity Software's revenue of $500 million beat the $480 million expected from analysts polled by Refinitiv. Tapestry — Shares of the Coach parent jumped 8.27% after the company reported stronger-than-expected earnings and revenue for its latest quarter. Its first-quarter revenue came in at $441 million, versus analyst estimates of $425 million, according to Refinitiv.

☆ Peloton recalls more than 2 million of its original $1,400 bikes after reports that the seat posts can break, causing lacerations and bruises
▼ + stars: | 2023-05-11 | by ( Ben Tobin | ) www.businessinsider.com time to read: +3 min

Peloton is recalling more than 2.1 million of its original bike products, the company announced. The seat posts of dozens of these bikes suddenly broke, causing injuries, per the company. This recall does not impact Peloton Bike+ Members nor Peloton original Bike owners in the UK, Germany, and Australia, according to the company. The company is offering free, updated seat posts to all US Peloton original Bike owners, which can be installed at home, according to Peloton. Do you work for Peloton or own Peloton's original bike?

☆ Peloton shares plunge after CPSC recalls more than 2 million bikes
▼ + stars: | 2023-05-11 | by ( Natasha Piñon | ) www.cnbc.com time to read: +2 min

Peloton shares tumbled Thursday after the U.S. Consumer Product Safety Commission said it is recalling 2.2 million of the company's bikes over injury and fall concerns. The seat post on Model Number PL01 bikes can detach and break unexpectedly during use, according to Peloton and the CPSC. There were 12 reported injuries, including one wrist fracture, related to the part defect, according to an internal Peloton memo. "For Peloton, it was important to proactively engage the CPSC to address this issue and to work swiftly and cooperatively to identify a remedy." The news comes a week after the company reported a wider-than-expected loss for its fiscal third quarter.

☆ Peloton identifies defect in seat posts after reports of injuries
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +1 min

May 4 (Reuters) - Peloton Interactive Inc (PTON.O) on Thursday said that it had identified a defect involving seat posts in its original stationary bike, with 12 reports of injuries, including one wrist fracture, as of April 30. Out of 2.4 million units sold in the U.S. and Canada as of April 30, there were 35 reports of the bike's seat post breaking during use, Peloton said in a filing with the U.S. Securities and Exchange Commission (SEC). The company said it had notified the U.S. Consumer Product Safety Commission (CPSC) about the "potential product safety issue" and is working with the regulator to finalise a corrective action plan. The fitness equipment maker in January agreed to pay a $19 million fine for failing to promptly report a defect with its Tread+ treadmill that could cause serious injury. Peloton on Thursday reported a wider-than-expected quarterly loss and warned it expects to sign up fewer members for the year, raising concerns about the fitness equipment maker's growth prospects.

☆ Republicans want to ban banning gas ovens as part of their legislation to raise the debt ceiling
▼ + stars: | 2023-04-19 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +3 min

Republicans have finally put their demands for the debt ceiling in writing and released legislation. They also want to preserve consumers' access to gas stoves, a fiery issue for the right. When Richard Trumka Jr., a commissioner at the Consumer Product Safety Commission, told Bloomberg that the agency was contemplating banning gas stoves, uproar ensued. Ultimately, the CPSC said it wasn't looking to outright ban gas stoves, and instead wanted to look how to reduce potentially hazardous emissions from stoves. What remains to be seen, then, is if McCarthy has enough votes to pay the country's debts and hold onto gas stoves.

☆ A popular brand of hoverboard was just recalled, nearly a year after two sisters died in a fire authorities linked to the toy
▼ + stars: | 2023-03-31 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +2 min

The 42-volt model of Jetson Rogue Hoverboard was recalled this week. Following the fire in April, the Hellertown Borough Fire Marshal determined the Jetson Rogue Hoverboard started the blaze, local station WPVI reported. In a notice posted on its website on Thursday, the CPSC urged customers to immediately stop using the 42-volt version of Jetson Rogue Hoverboard. The recalled Jetson Rogue hoverboards were sold at Target stores nationwide and on the Jetson Rogue website, according to the CPSC. The Kaufman family purchased the hoverboard at Walmart, Lehigh Valley Live reported.

☆ Pfizer to replace migraine drug packaging over child safety concerns
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: +1 min

[1/2] The Pfizer logo is pictured on their headquarters building in the Manhattan borough of New York City, New York, U.S., November 9, 2020. REUTERS/Carlo Allegri/File PhotoCompanies Pfizer Inc FollowMarch 16 (Reuters) - Pfizer Inc (PFE.N) said on Thursday it was working on a new child-proof packaging for its migraine drug, Nurtec ODT, after safety concerns led to a recall alert from the U.S. Consumer Product Safety Commission (CPSC). Pfizer said it was developing a new packaging for the drug acquired through its $11.6 billion buyout of Biohaven Pharmaceutical Holding in 2022. As an interim measure, the company has instructed pharmacists to place the drug packet in a child-resistant vial before dispensing it to patients. The orally disintegrating tablets are used for the treatment of acute migraine and as preventive treatment for episodic migraine in adults.

☆ Yeti Recalls 1.9 Million Coolers and Cases Over Magnet Ingestion Risks
▼ + stars: | 2023-03-10 | by ( Talal Ansari | ) www.wsj.com time to read: 1 min

The magnet-lined closures on some Yeti products can fail, the U.S. Consumer Product Safety Commission warned. Yeti , the popular cooler company, has recalled 1.9 million soft coolers and gear cases because of magnets that could detach and be ingested. The magnet-lined closures on Yeti’s Hopper M20, Hopper M30 1.0 and 2.0, and SideKick Dry products can fail and the magnets can be dislodged, according to the U.S. Consumer Product Safety Commission.

☆ More than 3.2 million Calico Critter toys recalled after deaths of two children
▼ + stars: | 2023-03-09 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +1 min

New York CNN —More than 3.2 million Calico Critters toys that were sold in a set with a baby bottle and pacifier accessories are being recalled because they pose a serious choking hazard for small children, the Consumer Product Safety Commission said Thursday. From United States Consumer Product Safety CommissionThis recall involves all Calico Critters flocked animal figures and sets sold with bottle and pacifier accessories. The bottle accessories were sold in yellow, pink, blue and orange colors. The pacifier accessories were sold in yellow, orange, pink, dark pink, blue and teal colors. The agency said consumers should immediately take the recalled bottle and pacifier accessories away from children and contact the company for instructions on how to submit a photo of the recalled bottle and/or pacifier accessory, along with contact information and other instructions to receive a free replacement accessory.

☆ Why lithium-ion batteries found in many products keep exploding
▼ + stars: | 2023-03-09 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

Officials believe the incident stemmed from a lithium-ion battery of a scooter found on the roof of an apartment building. “In all of these fires, these lithium-ion fires, it is not a slow burn; there’s not a small amount of fire, it literally explodes,” FDNY Commissioner Laura Kavanagh told reporters. For starters, lithium-ion batteries are now in numerous consumer tech products, powering laptops, cameras, smartphones and more. Despite the concerns, lithium-ion batteries continue to be prevalent in many of today’s most popular gadgets. For example, LFP (lithium iron phosphate) batteries don’t overheat as much as other types of lithium-ion batteries.

☆ Federal Commission Seeks Data on Gas Stoves’ Health Impact
▼ + stars: | 2023-03-02 | by ( John Keilman | ) www.wsj.com time to read: 1 min

Gas stoves have drawn scrutiny in recent years after some studies found that they release pollutants that can increase the risk of some health issues. The U.S. Consumer Product Safety Commission said it would call on companies, scientists and the public to submit research and possible solutions to potential health hazards associated with gas stoves. The request aims to examine the scope and scale of risks associated with using gas ranges, data that can be analyzed and possible solutions, the commission said Wednesday. No regulatory proceeding is being proposed and no ban is under consideration, it said.

☆ Cosori Recalls Millions of Air Fryers Over Fire Risk
▼ + stars: | 2023-02-25 | by ( Alyssa Lukpat | ) www.wsj.com time to read: 1 min

The U.S. Consumer Product Safety Commission said Cosori had received over 200 reports of its air fryers catching fire, melting or smoking. Cosori is recalling more than two million of its popular air fryers because it said the machines can overheat and catch fire. The company warned customers on Thursday to immediately stop using their appliances. The products were sold from June 2018 to December 2022 through Target Corp., Amazon.com Inc. and other retailers, according to the U.S. Consumer Product Safety Commission.

☆ 2 million Cosori air fryers recalled because of fire hazard
▼ + stars: | 2023-02-24 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Roughly 2 million Cosori air fryers have been recalled because they pose a possible fire risk. The US Consumer Product Safety Commission said that consumers “should immediately stop” using the recalled air fryers and contact Cosori for a free replacement. The company set up a special website for customers to trade in their air fryers for a new one. The air fryers, which range in price from $70 to $130, were sold between June 2018 through December 2022 at a number of retailers including Amazon, Best Buy, Home Depot and Target. The fryers are size 3.7 and 5.8 quarts and were sold in black, gray, white, blue or red colors.

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