Product safety regulators announced the recall Thursday after hundreds of people reported explosions in their toilet tanks. The faulty flushing system is made by the brand Flushmate — specifically the Flushmate Three Pressure-Assist Flushing System. It's used by several toilet manufacturers including American Standard and Crane.
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When President Obama addresses a large gathering of Latino politicians later today in Florida, he's likely to get a warm reception. Just last week, Mr. Obama announced that hundreds of thousands of young illegal immigrants who came to this country as children can stay in the U.S. - at least temporarily.
Fifteen major banks were downgraded Thursday in a reflection of the slowing global economy and volatility in financial markets. In a sweeping move, Moody's cut the credit ratings of some of the world's largest financial institutions, including Bank of America, Goldman Sachs and Citigroup.