Fiat Chrysler Automobiles will pay a record $105 million and buy back defective vehicles to settle allegations that the company violated the Motor Vehicle Safety Act’s (Safety Act) requirements to repair vehicles with safety defects. The agreement came after a hearing earlier this month outlined problems with the automaker’s execution of 23 recalls affecting more than 11 million defective vehicles.
Under the agreement, Chrysler could end up buying back more than half a million vehicles with defective suspension parts if owners opt to sell their vehicles back to the company. The automaker also acknowledged it violated the Safety Act in three areas: effective and timely recall remedies, notifications to vehicle owners and dealers, and notification to the National Highway Traffic Safety Administration (NHTSA), Fortune reports. Continue reading Fiat Chrysler Slammed with $105 Million in Fines for Violating Motor Vehicle Safety Act
Hackers are threatening to reveal the names of 37 million users of the online dating service Ashley Madison unless the website completely shuts down. Brian Krebs, a reporter who covers cybersecurity, first reported the breach on Monday.
The hackers, who call themselves the “Impact Team,” threatened to release “profiles with all the customers’ secret sexual fantasies and matching credit card transactions, real names and addresses, and employee documents and emails.” In a statement obtained by CNN Money, Ashley Madison’s parent company Avid Life Media (ALM) said: “At this time, we have been able to secure our sites, and close the unauthorized access points. We are working with law enforcement agencies, which are investigating this criminal act.” Continue reading Ashley Madison Breach Places 37 Million Users at Risk of Blackmail
About a decade ago, consumer plastics manufacturers began removing DEHP – a chemical that is a probable human carcinogen – from their products in a move that was hailed as an advancement in the interest of public health. Now new research suggests the chemicals used in place of DEHP may be just as harmful.
The U.S. Food and Drug Administration (FDA) is expected to pass new rules sometime in the next two months that will require federal approval for nearly all e-cigarette devices and other nicotine products sold in vape shops. The Smoke-Free Alternatives Trade Association, a lobbying group representing vapor shops and companies, told The Wall Street Journal (WSJ) that the approval process could cost manufacturers anywhere from $2 million to $10 million and could put 99 percent of the industry out of business.