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Recalls this week: booster seats, gas ranges, crossbows

A line of children's booster seats with potentially faulty safety straps are among this week's recalled consumer products. Others include several types of gas ranges with defects that can cause burn or fire hazards. FOR MORE: Call Vivint at 759-8189 from 8 a.m. to 9 p.m. EDT Monday through Friday or online at www.vivint.com and click on "Product Recall."
Source: The Associated Press | By: By The Associated Press
UPDATE 2-French court sets rules for alternative taxis such as Uber

PARIS, May 22- France's highest administrative court on Friday approved two out of three main restrictions on private chauffeured vehicle services such as Uber that were introduced last year after complaints from traditional cab drivers of unfair competition. France's constitutional council said drivers of private chauffeured vehicles must return to...
Source: Reuters
Ouch! French high court deals blow to Uber

France's highest court on Friday backed restrictions on unlicensed taxi services in a decision adding to U.S. start-up Uber's legal troubles.
Source: Reuters
UPDATE 1-French court upholds ban on unlicensed taxis, hitting Uber

PARIS, May 22- France's highest administrative court on Friday backed restrictions on unlicensed taxi services in a decision adding to U.S. start-up Uber's legal troubles. A Paris appeals court had been waiting for the decision before ruling on whether to ban Uber's unlicensed taxi service, known as UberPOP. Created by two Silicon Valley entrepreneurs...
Source: Reuters
Tuk-tuk taxi maker aims to make inroads in US

DENVER- They're ubiquitous in Asia, swarming the bustling streets of Bangkok, New Delhi and Beijing. The Tuk Tuk Factory, based in Amsterdam, has signed a licensing agreement with Denver- based eTuk USA to allow the company to manufacture and sell an electric version of the vehicle. The three partners' other company, eTuk Denver, launched a call-and-demand shuttle...
Source: The Associated Press
Uber in talks with banks for $1 billion credit facility - WSJ

May 21- Uber Technologies Inc is seeking a $1 billion credit line from banks, the Wall Street Journal reported, citing people familiar with the matter. The cab-hailing company is in talks with a number of large banks for the loan, asking them how much they would commit and at what terms, the Journal reported, citing the people. San Francisco- based Uber, which has grown...
Source: Reuters
Yahoo tanks on IRS spinoff scare  

Shares of Yahoo are lower on potential changes to the IRS' spinoff rules, reports CNBC's Dominic Chu. The FMHR traders provide perspective.
Source: CNBC.com
Unions urge Amtrak to put 2nd crew member in locomotives

"The public would never accept an airline operation with a single person in the cockpit," the Brotherhood of Locomotive Engineers and Trainmen said in a statement. Brandon Bostian, 32, was alone in the locomotive of Train 188 when it derailed May 12, about 10 minutes after departing Philadelphia for New York. Amtrak hasn't had a second crew member in the locomotive...
Source: The Associated Press | By: By MICHAEL R. SISAK, Associated Press
New mystery in train crash: Was it hit by a flying object?

National Transportation Safety Board member Robert Sumwalt said an assistant conductor aboard the train told investigators that she heard Amtrak engineer Brandon Bostian talking over the radio with an engineer for a regional railroad just before the crash. The Southeastern Pennsylvania Transportation Authority does not yet know what caused the...
Source: The Associated Press | By: By GEOFF MULVIHILL and MICHAEL KUNZELMAN, Associated Press
Eighth death confirmed in Amtrak accident

The Amtrak train that killed at least seven people was hurtling at 106 mph before it ran off the rails along a sharp curve, NTSB said.
Source: The Associated Press