Bodum recalls presses sold at Starbucks Northwestern Mutual confirms Russell report

The Associated Press The Seattle TimesJanuary 29, 2014 

Bodum USA is recalling 28,000 coffee presses sold exclusively at Starbucks due to the potential risk for lacerations and burns.

The U.S. Consumer Product Safety Commission said Tuesday that the carafe in Bodum’s rose gold glass coffee presses can fall out of the base and break or shatter.

Bodum has received 14 reports of the glass carafe breaking or shattering and four reports of minor injuries. The presses were sold at Starbucks stores and online from November through December for about $40. The SKU number 11029732 is printed on a white label on the bottom of the base.

Owners should stop using the recalled product and return it to Starbucks or contact Bodum for a refund.

Contact Bodum at 855-378-6864 or visit bodum.com for more detail. The corporate parent of Russell Investments confirms reports that the Seattle-based asset management firm could be put up for sale.

Milwaukee-based financial company Northwestern Mutual said late Monday that it is “exploring strategic alternatives, including a possible sale,” for its majority stake in Russell Investments.

The statement confirms rumors from earlier this month, as Reuters reported that a sale was being considered. At the time, Russell and Northwestern declined to comment.

Northwestern indicated the strong growth seen by Russell made it a good time to ponder ways of cashing out of its investment. But a sale or some other change “could take months,” the company said.

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