Bethesda, Maryland

Heightened Government Safety Enforcement Imminent For All Products, Warns Sedgwick's Brand Protection Division

Retrieved on: 
Thursday, February 18, 2021
Bethesda, Maryland, U.S. Consumer Product Safety Commission, Food and Drug Administration, Product recall, CPSC, Safety, Product, Government agencies, Consumer protection, Elliot F. Kaye

The Recall Index is the premier analysis and perspective on safety regulation and product recall incidents arising across industries.

Key Points: 
  • The Recall Index is the premier analysis and perspective on safety regulation and product recall incidents arising across industries.
  • Enforcement actions will be more frequent, penalties will be harsher, and cross-agency collaboration will often be a welcome approach to regulatory oversight."
  • But retailers and supply chain partners are increasingly implicated in product safety matters," warns Harvey.
  • Each quarter Sedgwick analyzes data from the U.S. Consumer Product Safety Commission (CPSC), the National Highway Traffic Safety Administration (NHTSA), the FDA, and the USDA.

CPSC Posts Recalls to its Web Site

Retrieved on: 
Wednesday, February 17, 2021
Bethesda, Maryland, U.S. Consumer Product Safety Commission, Product recall, CPSC, Safety, Consumer protection, Toys, Economy, Neodymium magnet toys, Toy safety

The U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risks of injury or death associated with the use of thousands of types of consumer products.

Key Points: 
  • The U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risks of injury or death associated with the use of thousands of types of consumer products.
  • Deaths, injuries, and property damage from consumer product incidents cost the nation more than $1 trillion annually.
  • CPSC's work to ensure the safety of consumer products has contributed to a decline in the rate of deaths and injuries associated with consumer products over the past 40 years.
  • Federal law bars any person from selling products subject to a publicly announced voluntary recall by a manufacturer or a mandatory recall ordered by the Commission.

Lockheed Martin CFO to Speak at Barclays Industrial Select Conference

Retrieved on: 
Wednesday, February 10, 2021
Lockheed Martin, LMT, Lockheed Corporation, Bethesda, Maryland, Economy of the United States, Aircraft manufacturers, Companies

BETHESDA, Md., Feb. 10, 2021 /PRNewswire/ --Lockheed Martin (NYSE: LMT) will webcast live a presentation by Chief Financial Officer Ken Possenriede at Barclays Industrial Select Conference on Wednesday, Feb. 17, 2021, from 2:10 p.m. to 2:40 p.m. EST.

Key Points: 
  • BETHESDA, Md., Feb. 10, 2021 /PRNewswire/ --Lockheed Martin (NYSE: LMT) will webcast live a presentation by Chief Financial Officer Ken Possenriede at Barclays Industrial Select Conference on Wednesday, Feb. 17, 2021, from 2:10 p.m. to 2:40 p.m. EST.
  • Access to the webcast will be available at: http://www.lockheedmartin.com/investor .
  • An audio replay will be available for two weeks following the presentation.
  • Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

Lockheed Martin Declares First Quarter 2021 Dividend

Retrieved on: 
Friday, January 29, 2021
Lockheed Martin, LMT, Lockheed Corporation, Lockheed, Bethesda, Maryland, Economy of the United States, Aircraft manufacturers, Companies

BETHESDA, Md., Jan. 28, 2021 /PRNewswire/ --The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a first quarter 2021 dividend of $2.60 per share.

Key Points: 
  • BETHESDA, Md., Jan. 28, 2021 /PRNewswire/ --The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a first quarter 2021 dividend of $2.60 per share.
  • The dividend is payable on March 26, 2021, to holders of record as of the close of business on March 1, 2021.
  • Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
  • Please follow @LMNews on Twitter for the latest announcements and news across the corporation.

CPSC and Luyuan Warn Consumers to Stop Using Luyuan Youth ATVs Due to Crash Hazard and Violation of Mandatory Safety Standard

Retrieved on: 
Thursday, January 14, 2021
Bethesda, Maryland, U.S. Consumer Product Safety Commission, CPSC

The U.S. Consumer Product Safety Commission (CPSC) and Luyuan Inc. are warning consumers to immediately stop using all Luyuan youth ATV models to avoid serious injury or death.

Key Points: 
  • The U.S. Consumer Product Safety Commission (CPSC) and Luyuan Inc. are warning consumers to immediately stop using all Luyuan youth ATV models to avoid serious injury or death.
  • These youth ATVs do not meet CPSC's mandatory safety standards.
  • The youth ATVs are intended for use by children ages 6 years and older, as demonstrated by the product dimensions and advertising.
  • Luyuan states it is working to provide a remedy to consumers that resolves the safety hazards identified in the ATVs.

CPSC Posts Recalls to its Web Site

Retrieved on: 
Wednesday, January 13, 2021
Bethesda, Maryland, Product recall, CPSC, Safety, Consumer protection, Toys, U.S. Consumer Product Safety Commission, Product, Neodymium magnet toys, Toy safety

The U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risks of injury or death associated with the use of thousands of types of consumer products.

Key Points: 
  • The U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risks of injury or death associated with the use of thousands of types of consumer products.
  • Deaths, injuries, and property damage from consumer product incidents cost the nation more than $1 trillion annually.
  • CPSC's work to ensure the safety of consumer products has contributed to a decline in the rate of deaths and injuries associated with consumer products over the past 40 years.
  • Federal law bars any person from selling products subject to a publicly announced voluntary recall by a manufacturer or a mandatory recall ordered by the Commission.

CULTA Announces Move to New Bethesda Office to Support Continuing Growth

Retrieved on: 
Tuesday, January 12, 2021
Baltimore–Washington metropolitan area, Bethesda, Maryland, Mackie, Bethesda station, Consumer electronics, Silver Spring, Maryland, Geography of Maryland, Audio electronics

The two-floor office space is nearly 150% larger than CULTA's previous office in Silver Spring.

Key Points: 
  • The two-floor office space is nearly 150% larger than CULTA's previous office in Silver Spring.
  • "The decision to relocate to our new, larger office in Bethesda was a logical next step in our long-term growth strategy," said CULTA's Chief Financial Officer Jonathan Clark.
  • "The new office is a physical example of our evolution," said CULTA President and co-founder Mackie Barch.
  • This year, CULTA plans to add 100 more employees across its farm in Cambridge, retail dispensary in Baltimore, and headquarters in Bethesda.

CPSC Posts Recalls to its Web Site

Retrieved on: 
Wednesday, January 6, 2021
Bethesda, Maryland, Product recall, CPSC, Safety, Consumer protection, Toys, U.S. Consumer Product Safety Commission, Product, Neodymium magnet toys, Toy safety

The U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risks of injury or death associated with the use of thousands of types of consumer products.

Key Points: 
  • The U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risks of injury or death associated with the use of thousands of types of consumer products.
  • Deaths, injuries, and property damage from consumer product incidents cost the nation more than $1 trillion annually.
  • CPSC's work to ensure the safety of consumer products has contributed to a decline in the rate of deaths and injuries associated with consumer products over the past 40 years.
  • Federal law bars any person from selling products subject to a publicly announced voluntary recall by a manufacturer or a mandatory recall ordered by the Commission.

Donohoe Hospitality Services Announces the Management of the Courtyard by Marriott Bethesda Chevy Chase, MD

Retrieved on: 
Wednesday, January 6, 2021
Red Line, Baltimore–Washington metropolitan area, Bethesda, Maryland, Chevy Chase, Maryland, Chevy Chase Bank, Chevy Chase (town), Maryland, Bethesda station, Economy of Maryland, MARYLAND, Economy of the United States

BETHESDA, Md., Jan. 06, 2021 (GLOBE NEWSWIRE) -- Thomas Penny, III, President of Donohoe Hospitality Services, a division of Donohoe, today announced the addition of the Courtyard by Marriott Bethesda Chevy Chase to its growing portfolio.

Key Points: 
  • BETHESDA, Md., Jan. 06, 2021 (GLOBE NEWSWIRE) -- Thomas Penny, III, President of Donohoe Hospitality Services, a division of Donohoe, today announced the addition of the Courtyard by Marriott Bethesda Chevy Chase to its growing portfolio.
  • The Courtyard Bethesda Chevy Chase is the fifth property we have added to our growing management portfolio in 2020 despite the unprecedented challenges, said Penny.
  • The Courtyard Bethesda Chevy Chase is located at 5520 Wisconsin Avenue, Chevy Chase, MD.
  • Founded in 2005, Donohoe Hospitality Services is a division of Donohoe, an iconic real estate service company established in 1884.

Chevy Chase Trust Appoints Jeff Whitaker as CEO

Retrieved on: 
Monday, January 4, 2021
Capital One, Chevy Chase Bank, Chevy Chase, Maryland, Bethesda, Maryland, Economy of Maryland, Chevy Chase (town), Maryland, MARYLAND, Economy of the United States, Bethesda-Chevy Chase

BETHESDA, Md., Jan. 4, 2021 /PRNewswire/ --Chevy Chase Trust, a leading investment management firm for individuals, families, and institutions, today announced that Jeff Whitaker has been named President and CEO of the Bethesda-based firm.

Key Points: 
  • BETHESDA, Md., Jan. 4, 2021 /PRNewswire/ --Chevy Chase Trust, a leading investment management firm for individuals, families, and institutions, today announced that Jeff Whitaker has been named President and CEO of the Bethesda-based firm.
  • "I'm fortunate to be inheriting such a strong business and leadership team after so many years of steady direction from Peter," said Jeff Whitaker, President and CEO of Chevy Chase Trust.
  • Prior to joining Chevy Chase Trust, Mr. Whitaker held a series of leadership positions in the investment management and wealth management industry.
  • "After an extensive search, we are thrilled to be welcoming Jeff to Chevy Chase Trust," said B. Francis Saul, II, Chairman of the Board of Directors at Chevy Chase Trust.