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Hard Hats or Party Hats? Walmart Earnings Could Shake up the Retail Sector
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Samsung is recalling 1.12 million induction cooktops in the United States, which has caused 250 fires.
Samsung Electronics is recalling more than 1.12 million electromagnetic ovens in the United States, after receiving 250 reports of fire and causing dozens of injuries. According to a notice from the U.S. Consumer Product Safety Commission (CPSC) on Thursday, these slide-in induction ovens have front-mounted knobs that could accidentally turn on if touched or bumped by humans or pets, posing a fire hazard. CPSC pointed out that since 2013, Samsung has received more than 300 reports of accidental activation of front-mounted knobs, and the recalled products involve about 250 incidents of fire. The committee stated that at least 18 of the fires caused serious injuries.
Looking Into Best Buy Co's Recent Short Interest
Jefferies Maintains Best Buy(BBY.US) With Buy Rating, Maintains Target Price $94
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