Amazon 2nd-qtr profit declines due to Toys R Us dispute settlement charge

October 14th, 2009 Mattel lead settlement could add up to $50M-plusSAN DIEGO — Mattel Inc. and its Fisher-Price subsidiary have agreed to settle a consumer lawsuit for what could total more than $50 million over the 2007 recall of millions of toys made in China that were found to contain high levels of lead.

October 1st, 2009 Target penalized for toys with lead paintWASHINGTON — Target Corp. has agreed to pay a $600,000 civil penalty for importing and selling a variety of toys with high levels of lead paint on the surface.

September 25th, 2009 Founder of KB Toys auctioning off collection in NJVINELAND, N.J. — One of the greatest automotive toy collections in the world is being auctioned off in New Jersey.

September 14th, 2009 Toys R Us amps up for holidays with more storesNEW YORK — Toys R Us plans to open nearly 350 pop-up stores in malls and inside Babies R Us stores by early October to drive sales during the crucial holiday season. It is the first time the company has opened a significant amount of such stores for its busiest season.

September 10th, 2009 Google willing to share digital books with rivalsMOUNTAIN VIEW, Calif. — Google will let other online companies sell its digital copies of out-of-print books if a class-action settlement with U.S.

September 4th, 2009 Toys R Us profit grows in 2QWAYNE, N.J. — Toys R Us Inc.

August 18th, 2009 Toy importer penalized for choking hazardWASHINGTON — TGH International Trading Inc. has agreed to pay a $31,500 civil penalty after it imported and sold toys with small parts in violation of federal child safety standards, government officials said Monday.

August 6th, 2009 Judge doesn't sign off on BofA, SEC settlementNEW YORK — A judge has balked at signing off on a $33 million proposed settlement between the Securities and Exchange Commission and Bank of America Corp. over bonuses.

July 30th, 2009 WASHINGTON - In a new research, scientists at the University of Liverpool, UK, have discovered that the Amazon River is 11 million years old. They discovered that the Amazon River, and its transcontinental drainage, is around 11 million years old and took its present shape about 2.4 million years ago.

July 10th, 2009 Toys R Us subsidiary completes note offeringWAYNE, N.J. — Toys R Us Inc.

June 25th, 2009 Toy importer penalized for lead-paint hazardWASHINGTON — Toy importer OKK Trading has agreed to pay a $665,000 civil penalty after it imported and sold toys with high levels of lead and violated other child safety standards. The penalty is part of a settlement the company reached with the Consumer Product Safety Commission.

June 23rd, 2009 GENEVA - The World Trade Organisation (WTO) Tuesday announced the appointment of two new members to its seven-member dispute settlement body. The new appointees, Ricardo Ramirez and Peter Van den Bossche, will replace Luiz Olavo Baptista and Giorgio Sacerdoti in the appellate body, which is responsible for hearing appeals on disputes between governments and the organisation, a WTO statement said.

June 17th, 2009 NEW DELHI - India has announced restrictions till January 2010 on the import of all toys that fail to meet international safety standards. Hitherto, the ban only related to Chinese toys.

May 5th, 2009 Diebold 1Q profit plunges, will reduce staffNORTH CANTON, Ohio — ATM maker Diebold Inc. says it will reduce its staff by about 300 jobs as its profit skidded 88 percent in the first quarter on a hefty charge related to a proposed SEC settlement.

March 2nd, 2009 NEW DELHI - The government has relaxed the ban imposed on import of Chinese toys, the Directorate General of Foreign Trade (DGFT) said a notification issued Monday. The DGFT notification said that imports will be allowed only if the importer can produce a certificate stating that the toys conform to certain internationally-accepted quality standards.