February 6, 2023

US: Explosion on truck carrying Takata airbags not caused by improper shipping

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By Ashlee Kieler From Consumerist On Aug. 22, a truck carrying potentially volatile airbags made by auto parts company Takata exploded, killing one person and injuring four others. Today, federal safety regulators said that the tragic incident could not be blamed on improper shipping. According to Reuters, an initial investigation by the National Transportation Safety […]

Herbalife expects 4Q profit to beat Street

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From Bradenton Herald Herbalife expects its fiscal fourth-quarter and full-year adjusted earnings will come in above Wall Street’s expectations. The company also announced a $1 billion notes offering and increased its stock repurchase program by $500 million to $1.5 billion. The stock rose in Monday premarket trading. Herbalife, which is incorporated in the Cayman Islands […]