This image provided by Consumer Product Safety Commission shows Zuru’s full-sized Robo Alive Junior Baby Shark Sing & Swim Bath Toys. About 7.5 million “Baby Shark” bath toys are being recalled, Friday, June 23, 2023, after multiple impalements, lacerations and puncture wounds were reported in children playing with them. Toymaker Zuru said it’s recalling both full-size and mini versions of its robotic baby shark toys that have hard plastic top fins. (Consumer Product Safety Commission via AP)
About 7.5 million singing and swimming “Baby Shark” bath toys are being recalled after multiple lacerations and puncture wounds were reported in children playing with them.
Zuru, an El Segundo, California-based toymaker, said it's recalling both full-size and mini versions of its robotic baby shark toys that have hard plastic top fins, which pose the injury risks.
Twelve injuries have already been reported with Zuru's full-sized Robo Alive Junior Baby Shark Sing & Swim Bath Toys — after children sat or fell on the now-recalled products. Nine of these cases required stitches or medical attention, according to a Thursday release from the U.S. Consumer Product Safety Commission.
While injuries have only been reported with these full-sized toys so far, Zuru is also recalling Robo Alive Junior Mini Baby Shark Swimming Bath Toys “out of an abundance of caution."
Consumers in possession of the recalled toys are instructed to stop using them immediately and contact Zuru for a full refund. To get the refund, customers are asked to cut off or bend the tail fin, write “recalled” and a registration code on the body of the baby shark and upload a photo on a site dedicated to the recall.
The recalled products can be identified by model numbers and date codes. Zuru's Robo Alive Junior Baby Shark Sing & Swim Bath Toys and Robo Alive Junior Mini Baby Shark Swimming Bath Toys were sold in-person and online at chains including Walmart, Target, CVS, Walgreens and TJX Companies from May 2019 through March 2023.
In a company announcement, Zuru noted that that the recall only impacts the versions of the baby shark toys with a hard plastic fin. The newest toys, which have a silicone fin, are not part of the recall, Zuru said.
“We want to assure our customers that we are committed to the highest levels of safety and quality of all our products, and we have implemented measures to prevent future incidents by working to promptly remove these products from retail and replace them with a newly designed product,” Zuru wrote.
At-home medical labs company Getlabs raised $20 million in a Series A round, led by Emerson Collective and the Minderoo Foundation. Getlabs aims to be the boots-on-the-ground partner to telehealth. The company says more than 70% of medical decisions still require collecting diagnostic tests in person, and that it fills that void by delivering health care directly to their patients' homes. Founder & CEO of Getlabs Kyle Michelson joined Cheddar News' Closing Bell to discuss.
The White House laid out plans for a $5 billion investment into a national network of charging stations to ease EV driving anxiety. Bruce Brimacombe, CEO of EV infrastructure GOe3 joined Cheddar News to discuss how much needs to be done for drivers to get over the fear of running out of energy. "People need to be able to do what they're doing now," he said. "But that is the way that if you're going to buy an electric car, you got to feel like you're not changing your world." Brimacombe noted that building out the infrastructure between cities was GOe3's own focus.
U.S. automakers are saying that the blockade of the Ambassador Bridge, a crucial border crossing between the U.S. and Canada, is affecting their production lines. Michelle Krebs of Cox Automotive warns that the disruption "couldn't come at a worst time," amid chip and labor shortages in Detroit.
AND DETROIT-BASED AUTO MAKERS SAY THEY ARE SHUTTING DOWN PLANTS OR SCALING BACK PRODUCTION BECAUSE OF PARTS SHORTAGES.
Sonos reported better than expected Q1 earnings amid chip shortage with the release of its Roam product. CFO Brittany Bagley joined Cheddar News to discuss the smart speaker maker's successful report and its plans to hit its 2024 targets as people leave their homes as pandemic restrictions ease. "Even as people head out in the world, it doesn't mean they don't like to listen to music at home or watch a streaming movie at home," she said. "So there's still a real role for us and our products in peoples lives, sort of, no matter what else they're doing."
Lynn Martin, president of the NYSE Group, explains why investors at the New York Stock Exchange should still feel confident despite the recent Wall Street volatility and discusses the landscape for 2022 when it comes to IPOs and retail investors.
The merger of WarnerMedia and Discovery received Justice Department approval on Wednesday, and Patty Hirsch, EVP of consumer and digital platforms at WarnerMedia, joined Cheddar News to discuss current and future offerings from the media conglomerate that will control both HBO Max and Discovery+. "Content really drives so much, and CNN has always had a very long history of creating an incredible documentaries, incredible content … and this service I think is going to ultimately provide the kind of content consumers want and the kind of content that consumers are going are going to pay for," she said. Hirsch also discussed NFTs in use through its Turner Sports and DC brands.
Black entrepreneurs lead the way in the creation of new businesses, but they often cannot get the necessary funding to get their business off the ground. The Fearless Fund is on a mission to change that, and help Black business owners get venture capital. The fund also offers a unique grant program meant to help entrepreneurs with growth, peer coaching, and more, including grants between $10,000 and $20,000. Arian Simone, Co-Founder and General Partner of Fearless Fund, joins Closing Bell to discuss the Fund's mission, how it helps Black entrepreneurs, and more.
Multinational food company Kellogg’s reported an earnings beat amid supply chain issues and an extended labor strike. Kellogg’s Chairman and CEO c joined Cheddar News to discuss overcoming the obstacles and what's to come for the company. "The first half of the year is really going to be one about rebuilding inventory, and into the second quarter, starting to reestablish promotional activity for our customers and our consumers," Cahillane said. "And then the back half of the year, obviously, we're really much more back in business, and we expect to exit the year with our business in cereal being just as strong as it's ever been."
Sting has sold his catalog of more than 600 songs for $300 million to Universal Music. The deal gives the label the rights to all of his work, including “Every Breath You Take," as well as all future royalties.
Miller Lite is opening the first branded bar in the metaverse, by way of Decentraland, as a way to advertise during the Super Bowl this year without buying an expensive TV commercial slot. Sofia Colucci, global vice president of Miller Family of Brands, joined Cheddar to talk about the new marketing concept. "We have a lot of great partnerships with NFL teams throughout the year but were shut out of advertising during the Super Bowl game, so this pushes us to think creatively and also think of what feels really relevant right now," Colucci said. "There's no question that there's a lot of excitement with the metaverse, and we wanted to participate but in a way that felt right for Miller Lite."