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Thursday, May 21, 2009
3 types of bikes recalled due to crash hazard
The U.S. Consumer Product Safety Commission this week recalled three brands of bicycles due to problems with the bicycle frame in one and the fork alignment in the other two.
Among the recalled products are Norco Bicycle Frames, Trek Bicycle Corp. and Cannondale Bicycle Corp.
The Norco frame can crack and separate, causing a rider to fall from the bicycle and suffer injuries.
Norco has received one report of a rider who fractured their collar bone after falling from the bicycle.
The bikes were sold at various bicycle distributors nationwide from September 2006 through February 2009 for between $2,000 and $7,000.
All owners should immediately stop using the bicycle frame and contact a local Norco dealer or Norco directly for information regarding receiving a possible replacement frame.
For additional information, call (800) 663-8916, visit www.norco.com or e-mail recall@norco.com.
The Trek Bicycles with JD suspension forks also were recalled this week.
The recalled bicycle’s fork can lose alignment causing the front wheel to turn unexpectedly, which can cause the rider to lose control of the bicycle and crash.
There have been four reports of misaligned forks. No injuries have been reported.
The bikes were sold at Trek bicycle dealers nationwide from August 2008 through April 2009 for between $640 and $940.
Consumers should stop riding the recalled bicycles immediately and contact their dealer to arrange for a free repair.
For more information, call (800) 382-2453 or visit www.trekbikes.com.
Finally, Cannondale Bicycle Corp. bicycles with JD suspension forks also were recalled.
The fork can lose alignment causing the front wheel to turn unexpectedly, causing the rider to lose control of the bicycle and crash.
No incidents or injuries have been reported.
The bikes were sold at Cannondale bicycle dealers from February 2009 through April 2009 for between $600 and $800.
Consumers should stop riding the recalled bicycles immediately and contact their dealer to arrange for a free repair.
For more information, call (800) 245-3872 or visit www.cannondale.com.
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Burger Classic beer making comeback
The budget beer long associated with the Cincinnati Reds — Burger Classic — is coming back for extra innings.
The beer, one of the first to be sold in cans, will be relaunched from 6 to 11 p.m. May 29 during a special event at the Cincinnati Reds’ Hall of Fame & Museum adjacent to Great American Ball Park.
The event will be part of the park’s salute to Crosley Field. Admission is $10 and the first 600 in attendance will receive commemorative Burger Classic T-shirts.
While the beer won’t be brewed in Cincy (it’s actually made in western Wisconsin) it will be available in Ohio, Indiana, and Kentucky soon, with a 12-pack costing a projected $5.99.
And it reportedly tastes pretty good — better than Budweiser, according to BeerAdvocate.com.
Permalink | Comments (9) | Post your comment | Categories: Savings
Gutsy claim: The recession is over
According to Robert J. Gordon, an acclaimed macroeconomist and professor at Northwestern University, the recession is over.
And Gordon, one of seven members of the elite Business Cycle Dating Committee of the National Bureau of Economic Analysis, should know. That committee is the group that decides officially, for the record books, when recessions begin and end.
But what makes him think this one is over now?
MSN Money reported today, May 21, that Gordon bases his findings on an indicator that he says the committee never even looks at: claims for unemployment benefits — or jobless claims.
According to Gordon’s research, in every recession since 1974, the peak in jobless claims came within weeks of the bottom of the recession.
The writer of the MSN Money story, Donald Luskin of The Wall Street Journal, said that Gordon has really just made the simple observation that the peak in the four-week moving average coincides perfectly with the ends of recessions.
And Luskin said that looking at the data as of May 14, the four-week moving average of claims (preadjustment) was down 4.3 percent, so the early April reading is looking more and more like a real peak.
Luskin added: “I charted the data to prove it to myself, and he’s right.”
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70% to 80% off at Gaiam Outlet
The Gaiam Outlet, which calls itself a lifestyle company, is having a big sale starting today, May 21, through Saturday that is worth the drive down to West Chester if the merchandise meets your needs.
Deals Team member Cea Cohen Elliott spotted the sale and sent along a flier documenting that the sale has the majority of items for this sale will be 70 percent to 80 percent off.
Copper fire bowls are 60 percent off, Stefani Water Purifiers are 80 percent off, Coolaroo Shade Sail are 80 percent off, Insulated Roman Shades are 80 percent off, Bio-Energizer Foot Spa is 70 percent off and Yoga Sandals are again on sale for just $5 per pair.
The store at 5455 West Chester Road will be open from 10 a.m. to 6 p.m. today and Friday, and 10 a.m. to 4 p.m. Saturday.
Permalink | Comments (0) | Post your comment | Categories: Deals Team reports, Savings
Are you planning a paycation?
Many of us have heard the term staycation, coined in the last year or so to address staying at or near home for vacation instead of traveling in an effort to save money.
But here is a new one for you — paycation.
A paycation is when you spend time off from one job to earn extra cash at another, give up your vacation and keep working or spend at least some of your vacation working.
According to a story Wednesday, May 20, by Consumer Reports, more than 35 percent of workers say they haven’t gone on or aren’t planning to take a vacation in 2009, and 71 percent of those indicate it is because they just can’t afford it.
CR got its data from the annual vacation survey of 4,400 workers by CareerBuilder.com. The study was conducted from Feb. 20 to March 11.
Also in the study, 50 percent of U.S. employers expect employees to remain in touch with work during their vacations, and 28 percent of workers plan to contact their job at least once while they’re out.
What about you? What are your plans for 2009 — vacation, staycation or paycation?
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Kroger, Meijer have Memorial Day savings
Kroger is having a Memorial Day Sale on many picnic and barbecue favorites. Cheese, buns, dips, eggs and ice cream are among the items being sold 10 for $10, with your Kroger card.
Also, the store is selling fully cooked rotisserie chickens for $4.99 and barbecue chickens for $5.99, and has milk on sale for $1.79.
At Meijer, Ball Park Franks and Eckrich Franks, Bologna or Salami are 4 for $5, Lays Potato Chips are buy-one-get-one free, and the store’s 3-pound salads are 2 for $7.
Check out their weekly ads for more money-saving details.
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Save extra 20% at Half Price Books
In honor of Memorial Day, Half Price Books is marking down their already discounted inventory by 20 percent.
The sale starts today, May 21, and runs through Monday.
The local Half Price Books is in South Towne Center, at 2090 Miamisburg-Centerville Road.
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