Toymaker Mattel Corp. agreed Friday to pay $2.3 million in civil penalties for violating a federal lead paint ban that resulted in the recall of millions of its Barbie, Dora and other popular-branded toys in 2007.
Two years ago, Stephanie Kaster of Manhattan set out to plan the birthday party of a lifetime for her daughter. Granted, little Sophie didn't have many parties under her belt with which to compare it: She was not yet 3.
More laptops for toddlers and MP3 players for infants are stocked on store shelves this holiday shopping season as Fisher Price and Playskool battle it out with Sony and Nintendo for dominance in the toy box.
Fisher-Price and the Consumer Product Safety Commission announced Tuesday a recall of 155,000 of its Laugh & Learn Learning Kitchen toys because of small parts that pose a choking risk for small children.
Even though Mattel CEO Robert Eckert tried to pacify analysts on Monday by saying that "the recalls are behind us," in reality, those recalls are the least of its problems as the toymaker gears up for the critical holiday shopping season.
The Consumer Product Safety Commission, in cooperation with Mattel, announced a recall of 844,000 toys that contain excessive levels of lead paint Tuesday night - the third such recall of Chinese-manufactured toys by Mattel this summer.
Mattel Inc., whose reputation has been battered by two high-profile toy recalls this summer, will announce on Wednesday the recall of a third batch of Chinese-made toys because they may contain excessive amounts of lead paint, The Associated Press has learned.
Mattel Inc. Tuesday recalled more than 9 million toys made in China and sold in the United States, including "Polly Pocket" and "Batman" dolls and other popular figures, because of loose magnets and lead paint - its second major recall in less than a month.
Mattel Inc.'s Fisher-Price division is issuing a global recall of 1.5 million toys made in China because their paint may contain too much lead, marking the latest in a string of recalls that have fueled U.S.-China tensions over the safety of Chinese products.
Toymaker Mattel on Monday posted first-quarter profits, versus expectations for a loss, as strong sales of its pre-school Fisher-Price toys and its Hot Wheels toys for boys offset a 21 percent drop in U.S. sales of Barbie dolls.
Toymaker Fisher-Price agreed to pay nearly $1 million in fines to settle charges that it failed to tell the government about a safety risk in its Little People® Animal Sounds Farm that posed a serious choking risk to small children, the Consumer Product Safety Commission (CPSC) said Thursday.
Toymaker Fisher-Price said Thursday it is recalling 500,000 "Laugh and Learn" Bunny toys after finding that the pompom nose on the product can detach and pose a serious choking risk for small children.
Mattel, the No. 1 toymaker, on Monday reported better-than-expected fourth-quarter profits and sales, boosted by improved sales of its flagship Barbie brand and strong sales of its Fisher-Price pre-school toys division.
Fisher-Price Inc. and the Consumer Product Safety Commission on Wednesday issued a recall for about 614,000 infant musical toy chairs, warning that the product poses a potential strangulation risk to young children.
What do dolls and ponies have in common with crossbows and energy beam blasters? They're all toys that have the potential to cause childhood injuries, or even death, according to an organization advocating toy safety.
Think twice before you buy your daughter the Hilary Duff glitter nail polish or other such seemingly safe playthings as cute plush toys and cuddly baby dolls. They could pose a potentially serious hidden hazard for your kids, a consumer report said Tuesday.