Fisher-Price recalled two components of its Snuga Swings due to suffocation risks, linked to five infant deaths between 2012 and 2022. The company instructed consumers to remove the parts for a $25 refund, but a U.S. CPSC commissioner criticized the recall and called for a full product recall. In the past five years, Fisher-Price has faced safety concerns with other infant products, including the Rock ‘n Play Sleeper and Rock ‘n Glide Soother, which led to infant deaths and recalls.
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UnitedHealth falls short of 2Q expectations, offers weak outlook for 2025
UnitedHealth's Earnings Report UnitedHealth reported disappointing second-quarter earnings with a profit drop of 19% due to soaring medical costs, prompting a conservative forecast of at least $16 per share for 2025, down from an initial expectation of $30. The company, now led by Chairman Stephen Hemsley after CEO Andrew Witty's abrupt departure, anticipates a return to earnings growth by 2026. Want More Context? 🔎
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