By Bloomberg News
Mattel Inc.’s Fisher-Price subsidiary is recalling almost 11 million toys, including tricycles, after reports of children being cut or choking, the U.S. Consumer Product Safety Commission said today.
The recall is the largest for toys since Congress passed a law two years ago beefing up the product-safety regulator’s powers. Mattel and Fisher-Price were fined $2.3 million in June 2009 for toys violating federal lead-paint laws, at the time the largest civil fine in CPSC history. Get the full story »