The U.S. Consumer Product Safety Commission or CPSC announced that RC2 Corp. (RCRC), has agreed to pay a $1.25 million civil penalty for allegedly violating the federal lead paint ban.
The penalty settlement resolves CPSC staff allegations that RC2 Corp. and one of its wholly-owned subsidiaries, Learning Curve Brands Inc., knowingly imported and sold various Thomas & Friends Wooden Railway toys with paints or other surface coatings that contained lead levels above legal limits.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.