Safety

The Democrats have taken aim at the stock market's safety net by taxing buybacks - potentially creating another headwind for investors

The Democrats have taken aim at the stock market’s safety net by taxing buybacks – potentially creating another headwind for investors

The Democrats plan to put a 1% tax on share buybacks, as part of a deal to rescue Joe Biden’s agenda. Stock buybacks have supported the market in recent years, with companies spending huge amounts on their own shares. Analysts said the tax could be a new headwind, but said companies would likely increase spending …

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Starbucks CEO on store closings: 'There are going to be many more'

Starbucks CEO on store closings: ‘There are going to be many more’

Starbucks may not be done closing stores over safety concerns. “We are beginning to close stores,” because of safety issues, interim CEO Howard Schultz said in a video posted to Twitter last week. “This is just the beginning. There are going to be many more.” Starbucks said last week that it is closing 16 stores …

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Semiconductor shortage is chipping away at car safety features

Semiconductor shortage is chipping away at car safety features

Check out what’s clicking on FoxBusiness.com. The ongoing semiconductor chip shortage has some new car buyers looking over their shoulders.  Not for good deals, but for oncoming traffic. Automakers struggling to build vehicles during the supply crisis of these essential components have had to remove a variety of electronic features from their vehicles to keep …

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Uber's safety issues still loom large: Another five passengers sue company over alleged sexual assault incidents

Uber’s safety issues still loom large: Another five passengers sue company over alleged sexual assault incidents

The lawsuit is the latest reminder of the flood of lawsuits that Uber and competitor Lyft face as they work to combat well-known safety issues on their platforms, especially for female riders. The incidents detailed in a lawsuit filed this week in San Francisco County Superior Court took place between August 2021 to February 2022 …

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Starbucks is closing 16 stores over safety concerns | CNN

Starbucks is closing 16 stores over safety concerns | CNN

New York CNN Business  —  Starbucks is planning to close 16 locations across various cities, citing safety concerns. “After careful consideration, we are closing some stores in locations that have experienced a high volume of challenging incidents that make it unsafe to continue to operate,” a spokesperson told CNN Business in an email. The stores …

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Uber releases safety data: 998 sexual assault incidents including 141 rape reports in 2020

Uber releases safety data: 998 sexual assault incidents including 141 rape reports in 2020

The 78-page report, which covers 2019 and 2020, is the second-ever Uber has released regarding safety incidents following a CNN investigation into sexual assault and abuse on the ride-hailing platform four years ago. In its latest report, Uber said it received 3,824 reports of the five most severe categories of sexual assault, which range from …

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FDA orders Juul e-cigarettes off the market over safety concerns

FDA orders Juul e-cigarettes off the market over safety concerns

Placeholder while article actions load Juul, the once-booming Silicon Valley start-up widely blamed for igniting the youth vaping epidemic, was grounded Thursday by federal regulators who ordered all of its e-cigarette products off the market, a move they blamed on “inconsistent and conflicting data” on safety. The Food and Drug Administration said it was denying …

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Urgent aspirin, ibuprofen, & acetaminophen recall: 400,000 bottles a child safety risk

Urgent aspirin, ibuprofen, & acetaminophen recall: 400,000 bottles a child safety risk

Aspirin, ibuprofen, and acetaminophen are common over-the-counter drugs that most people have around the house. The drugs can relieve pain and reduce fevers, among other things. Additionally, many people use these drugs to treat various other chronic health issues. But buyers should know there are four separate recall actions concerning various brands of aspirin, ibuprofen, …

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U.S. agency upgrades Tesla Autopilot safety probe, step before possible recall

U.S. agency upgrades Tesla Autopilot safety probe, step before possible recall

WASHINGTON, June 9 (Reuters) – The National Highway Traffic Safety Administration (NHTSA) on Thursday said it was upgrading its probe into 830,000 Tesla (TSLA.O) vehicles with its advanced driver assistance system Autopilot, a required step before it could seek a recall. The auto safety agency in August opened a preliminary evaluation to assess the performance …

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In surprise, FDA adcomm votes unanimously in favor of bluebird's gene therapy for rare disease even with safety concerns

In surprise, FDA adcomm votes unanimously in favor of bluebird’s gene therapy for rare disease even with safety concerns

In the first day of a two-day meet­ing, the FDA’s Cel­lu­lar, Tis­sue and Gene Ther­a­pies ad­vi­so­ry com­mit­tee on Thurs­day gave a big thumbs up to blue­bird bio’s po­ten­tial gene ther­a­py for the rare but fa­tal con­di­tion known as cere­bral adrenoleukody­s­tro­phy (CALD) by a vote of 15-0, de­spite FDA safe­ty con­cerns. Fol­low­ing crit­i­cal com­ments and safe­ty …

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