Business Digest

BBB warns about Utah company

youngstown

The Better Business Bureau has warned residents about a home-security- system company that has been selling their systems door-to-door in the area. The company, Platinum Protection, LLC., of Utah, has offered free monitoring equipment as incentive to sign up for the monitoring service, the bureau said in a press release Wednesday. The bureau has given the company a C+ grade as a result of 405 complaints the bureau has received about the company in the last three years.

Goodyear cuts loss in first quarter

akron

Goodyear Tire and Rubber Company lost $47 million in the first three months of 2010, an improvement from the $333 million loss the company recorded a year earlier. Revenue rose to $4.3 billion from $3.6 billion. Global sales improved for the tire maker, but charges led by a Venezuelan currency devaluation dragged it to a loss for the quarter. The company said it remains optimistic as the economy rebounds.

Toyota recalls 50,000 Sequoias

Washington

Toyota Motor Corp. recalled about 50,000 Sequoia sport-utility vehicles from the 2003 model year to fix an unexpected slowing of the vehicle in the Japanese automaker’s latest recall. Toyota said Wednesday that the recall would address the vehicle’s electronic stability system, which helps maintain traction during turning. In some cases the stability control could activate at low speed and prevent the SUV from accelerating as quickly as the driver expects, the company said. Toyota said no reports of accidents or injuries have been connected to the issue, and half the vehicles already have been repaired under warranty.

Vindicator staff/wire reports