MTD Products Recalls Walk-Behind Self-Propelled Lawn Mowers

RTTNews | 699 dagar sedan
MTD Products Recalls Walk-Behind Self-Propelled Lawn Mowers

(RTTNews) - MTD Products Inc. is recalling 1,774 units of walk-behind self-propelled lawn mowers for potential risk of fire hazard, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed.

The company said the lawn mower can leak fuel when it is stored in the upright (vertical) storage position to pose a fire hazard. However, it has not received any reports of incidents or injuries involving the recalled product.

The recall involves black color Troy-Bilt SpaceSavr Walk-Behind Self-Propelled Lawn Mowers, with the name Troy-Bilt on the engine shroud and on the bagger. The model number TB220BXP SpaceSavr (12AVU2V3B66) can be found on the white model plate located on the rear door. The recalled lawn mowers were manufactured in the U.S. by Cleveland, Ohio-based MTD Products Inc.

The lawn mowers were sold at Menards and various other home and hardware stores across the United States and online at Menards.com from January 2022 through March 2022 for about $410.

The company has advised consumers to stop using the lawn mower, store the mower horizontally only and contact the store where purchased or Troy-Bilt to receive a full refund.

In April, MTD products had also recalled about 6,200 units of Craftsman 30" Mini and Troy-Bilt TB30 Riding Lawn Mowers due to potential crash hazard. The riding mowers can fail to come to a complete stop and continue to move at a speed of about one mile per hour when the clutch/brake pedal is fully depressed, posing a low speed crash hazard.

read more
TSX Ends At 3-week Low

TSX Ends At 3-week Low

The Canadian market ended weak on Thursday, extending losses from the previous session, as weak metal prices and uncertainty about U.S. interest rate outlook rendered the mood cautious.
RTTNews | 4h 43minuter sedan
Dollar Stays Firm Against Major Counterparts

Dollar Stays Firm Against Major Counterparts

The U.S. dollar gained against its major counterparts on Thursday, extending recent uptrend, amid continued bets the Federal Reserve will keep interest rates higher for a few more months.
RTTNews | 5h 29minuter sedan
Canadian Market Down Firmly In Negative Territory

Canadian Market Down Firmly In Negative Territory

The Canadian market is down firmly in negative territory Thursday afternoon, with stocks from across several sectors reeling under sustained selling pressure, amid concerns the U.S. interest rates will remain higher for a longer time.
RTTNews | 7h 9minuter sedan
Swiss Market Ends Slightly Higher

Swiss Market Ends Slightly Higher

The Switzerland market ended slightly up on Thursday after spending much of the day's session fairly well above the flat line. Investors assessed the latest batch of European economic data, reacted to earnings and other corporate updates.
RTTNews | 8h 29minuter sedan
European Stocks Pare Early Gains, Close On Mixed Note

European Stocks Pare Early Gains, Close On Mixed Note

European stocks pared early gains and ended on a mixed note on Thursday as investors continued to assess the likely moves of central banks with regard to interest rates in the wake of recent economic data, and the minutes of the Federal Reserve's latest monetary policy meeting released on Wednesday.
RTTNews | 8h 51minuter sedan
U.S. Dollar Advances Amid Solid PMI Data

U.S. Dollar Advances Amid Solid PMI Data

The U.S. dollar climbed against its major counterparts in the New York session on Thursday, as the nation's business activity accelerated sharply in May, its highest level since April 2022.
RTTNews | 9h 15minuter sedan
U.S. New Home Sales Pull Back Much More Than Expected In April

U.S. New Home Sales Pull Back Much More Than Expected In April

After reporting a sharp increase in new home sales in the U.S. in the previous month, the Commerce Department released a report on Thursday showing new home sales pulled back by much more than expected in the month of April. The Commerce Department said new home sales plunged by 4.7 percent to an annual rate of 634,000 in April after surging by 5.4 percent to a revised rate of 665,000 in March.
RTTNews | 11h 30minuter sedan