Washington, D.C. (AHN) - The U.S. Consumer Product Safety Commission, and Robertshaw Controls Co. are issuing a voluntary recall of 7,800 Robertshaw FS Flame Switches and FM Automatic Safety Valves (installed in commercial cooking appliances) after finding they pose a fire hazard. According to...

Philips NV will buy Intermagnetics for $1.3 billion in cash, paying $27.50 a share. Philips, the Dutch electrical appliances maker, will buy the magnet and hospital imaging tool manufacturer after six months of talks.

Ayinde O. Chase - AHN Staff Writer Tokyo, Japan (AHN) - Japan is ending its ban on the sale of used appliances after being flooded with numerous protests from musicians and dealers of second-hand goods. The ban, originally slated for an April 1 start date, would have prohibited retailers from...

Reuters - Retailer Home Depot Inc. , which nearly doubled its market share in appliances over the past three years, is looking to carry more appliance brands and possibly increase the floor space devoted to washers and refrigerators in its stores, an executive said on Tuesday.

Reuters - Electrolux, the world's biggest home appliances maker, reported fourth-quarter underlying pretax earnings above expectations on Tuesday and said it expected operating income to rise this year.