Galaxy Note 7 recalled

The Consumer Product Safety Commission is formally recalling the Galaxy Note 7 phone.

Up to this point, there have just been warnings about the phones here and there.

The phone has sparked fires and battery explosions and is now a global crisis for Samsung.

There have been 92 reports of batteries overheating.

Samsung says replacement phones should be in stores by September 21st.

Olive Garden sold out of 21-thousand pasta passes in less than a second.

This year the restaurant chain sold 21-thousand of the passes versus 2-thousand a year ago.

Those who were able to snag a pasta pass will be treated to seven weeks of unlimited pasta.

Tech and energy stocks were on fire Thursday, leading the overall market to big gains.

There were big rallies across the board but the NASDAQ had the largest gains up one and a half percent.

And a bill has been introduced in Congress to help prevent hot car deaths.

It’s called ‘the Hot Cars Act’.

The bill requires technology be installed in cars that would alert the driver if there is still a person in the backseat.

A final ruling on the bill won’t come for two years though.

Also time is almost up to opt out of the Sports Authority sale of personal information.

Consumerist says they aren’t making it easy though.

You have to get a code from an email titled ‘privacy policy notice’.

Once you have that code you can opt out of the company selling your information as part of the bankruptcy.

For more business headlines from Jane King at the Nasdaq, watch Daybreak Monday through Friday.

Categories: Daybreak, Morning Business Report

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