Thermos is recalling more than 8 million food jars and bottles after a dangerous defect caused stoppers to “forcefully eject,” leaving some consumers blind.

The Illinois-based company’s recall impacts about 5.8 million Stainless King Food Jars and 2.3 million Sportsman Food & Beverage Bottles sold over more than 15 years, according to a Thursday notice from the Consumer Product Safety Commission (CPSC).

Thermos has received 27 reports of stoppers striking users when the containers were opened. Three people suffered permanent vision loss after being hit in the eye, regulators said.

CHILD SAFETY RISK SPARKS POPULAR NASAL SPRAY RECALL, NEARLY 800K BOTTLES IMPACTED

The Thermos 16-oz Stainless King Food Jar (SK3000), 40-oz Sportsman Food & Beverage Bottle (SK3010), and 24-oz Stainless King Food Jar (SK3020) have been recalled. (Consumer Product Safety Commission)

Officials say the containers lack a pressure-relief mechanism, allowing pressure to build up when food or liquids are stored inside for an extended period.

“If perishable food or beverages are stored in the container for an extended period of time, the stopper can forcefully eject when opened, which can result in serious impact injury and laceration hazards to the consumer,” the CPSC said.

The recall includes:

• Thermos Stainless King Food Jars, models SK3000 (16 oz) and SK3020 (24 oz), manufactured before July 2023
• All Thermos Sportsman Food & Beverage Bottles, model SK3010 (40 oz)

NEARLY 13K TODDLER TOWERS RECALLED AFTER DOZENS OF INJURIES FROM STOOLS COLLAPSING, TIPPING

Officials say the containers lack a pressure-relief mechanism, allowing pressure to build up when food or liquids are stored inside for an extended period. (Consumer Product Safety Commission)

The products were sold in multiple colors at major retailers, including Target and Walmart, as well as online through Amazon, Thermos and other sites. 

They were available from March 2008 through July 2024 for about $30.

The Thermos logo appears on the side of the products, with model numbers printed on the bottom. The items were manufactured in China and Malaysia.

GHIRARDELLI RECALLS DRINK MIXES OVER POTENTIAL SALMONELLA CONTAMINATION

The products were sold in multiple colors at major retailers, including Target and Walmart, as well as online through Amazon, Thermos and other sites. (iStock)

Consumers are urged to stop using the recalled products immediately.

“Consumers should stop using the recalled Food Jars and Bottles immediately and contact Thermos to receive a free replacement pressure relief stopper or replacement Bottle, depending on the model,” the CPSC said.

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FOX Business reached out to Thermos for comment.

Lloyds has published its latest business barometer for April

Business confidence in Wales has risen shows latest research from Lloyd Bank. In April companies in Wales reported unchanged confidence in their own trading outlook month-on-month at 46%.

When taken alongside their optimism in the economy, up 16 points to 30%, this gives a headline confidence reading of 38% (30% in March). Anything above zero is positive reading.

According to the bank’s latest business barometer, Wales enjoyed the largest year-on-year confidence growth of all the UK’s nations and regions. It was also the only area to report both year-on-year and month-on-month growth.

A net balance of 34% of businesses in Wales also expect to increase staff levels over the next year, up nine points from last month.

Looking ahead to the next six months, Wales businesses identified their top target areas for growth as investing in their team, for example through training (48%), introducing new technology, such as AI or automation (42%), and evolving their offering, for example by introducing new products or services (40%).

READ MORE: New South Wales to London train service launch dateREAD MORE: Cardiff headquartered bakery group Finsbury Food makes another acquisition

Overall, UK business confidence fell 11 points in April to 44%. Firms’ confidence in their own trading outlook fell six points to 54%, and their optimism in the wider economy dropped 17 points to 33%.

The East Midlands was the most confident UK nation or region in April at 43%, followed by London at 51% and the West Midlands at 49%.

Nathan Morgan, area director for Wales at Lloyds, said: “Wales is bucking the UK-wide trend when it comes to business confidence, increasing during April against the national trend.

“This confidence is the result of Welsh firms’ ongoing focus on investment to protect their position against future disruption. At Lloyds, we’ll continue to nurture this recent momentum of growth by working with businesses across the nation to equip them with the financial tools they need.”

Amanda Murphy, chief executive for Lloyds Business and Commercial Banking said: “Businesses told us their confidence fell as inflation pressures re-emerged, global uncertainty persisted and costs remained elevated. While sentiment declined, it remained above the long-term average, with nearly two-thirds expecting stronger output in the coming year.

“UK businesses are resilient and adept at deploying strategies to defend growth in uncertain conditions. Over the past month, we’ve seen them opt for flexibility wherever possible. They’re building contingency into their short and medium-term plans, rather than expecting a rapid return to normal. Protecting margins has become more important.

“That means tougher cost scrutiny and a greater focus on balancing growth with profitability. “In this environment, as with other recent market disruptions, we continue to observe that sustainable success comes from discipline, resilience and clarity about what really drives long term value.”

NEW YORK — Twilio Inc. shares skyrocketed more than 16% in early trading Thursday after the cloud communications company delivered stronger-than-expected first-quarter results and raised guidance, reigniting investor enthusiasm and prompting fresh debate over whether the stock represents a compelling long-term buying opportunity in an artificial intelligence-driven enterprise software landscape.

The customer engagement platform reported revenue of $1.41 billion for the quarter, up 20% year-over-year and beating Wall Street estimates. Non-GAAP earnings per share came in at $1.50, surpassing consensus forecasts by 18%. The strong performance, fueled by AI-powered features and robust enterprise adoption, sent shares to around $173 as analysts raised price targets and reaffirmed buy ratings.

Twilio’s results highlight its successful pivot toward higher-margin cloud services and AI integrations. The company has embedded artificial intelligence capabilities across its portfolio, including conversational AI tools and intelligent routing systems that help businesses improve customer interactions. CEO Jeff Lawson emphasized the platform’s role in helping enterprises leverage AI for personalized engagement while maintaining scalability and security.

Analysts largely view the stock as a moderate to strong buy. The consensus 12-month price target sits around $152 to $200, implying significant upside from current levels despite recent volatility. Firms like Needham, BTIG and Rosenblatt raised targets following the earnings report, citing accelerating growth and margin expansion. The overall analyst rating remains positive, with 21 buys, four holds and two sells among 27 covering firms.

Long-term bulls point to Twilio’s dominant position in the communications platform-as-a-service market. Its APIs power messaging, voice and video for thousands of companies, from startups to Fortune 500 giants. The shift to cloud has improved predictability, while AI features are driving higher usage and retention. Revenue growth has compounded at healthy rates, with operating margins expanding as the business matures. Cash flow generation supports further investment and potential shareholder returns.

The company’s $8.8 billion cash position provides substantial flexibility for acquisitions, R&D or capital returns. Management has guided for continued double-digit growth, with optimism around AI monetization. Enterprise adoption of Twilio’s platform has accelerated as businesses seek to modernize customer engagement strategies in a digital-first world.

Skeptics highlight valuation risks and competitive pressures. Twilio trades at a premium multiple, and growth may moderate if economic conditions weaken enterprise spending. Rivals like Amazon Web Services, Microsoft and smaller specialists continue innovating, potentially eroding market share. Past execution challenges, including slower migrations and restructuring, have caused volatility that could return if guidance disappoints in future quarters.

The stock’s recent surge follows a period of underperformance earlier in 2026, when broader tech sector concerns weighed on growth names. The earnings beat has shifted sentiment, with some models projecting fair value well above current levels based on discounted cash flow assumptions. Cash flow yield remains attractive relative to peers, supporting a constructive outlook for patient investors.

Twilio’s story is one of adaptation in a rapidly evolving industry. Founded in 2008, the company pioneered cloud communications and has evolved into a comprehensive customer engagement platform. Its focus on developer-friendly APIs has built a loyal user base while opening doors to larger enterprise deals. The integration of AI tools positions it at the forefront of conversational commerce and automated support systems.

For long-term investors, key considerations include execution on AI initiatives and capital allocation. Successful monetization of AI features could accelerate revenue growth and margins, while disciplined spending will be crucial in a competitive environment. The company’s strong balance sheet reduces near-term risks, but sustained profitability and free cash flow growth will determine whether current valuations prove justified.

Risks include macroeconomic slowdowns that delay IT budgets, regulatory changes affecting data privacy and potential customer concentration. The stock’s history of volatility requires a high tolerance for drawdowns. Those considering a position should view it as a multi-year holding and diversify appropriately within the technology sector.

Analysts at firms tracking Twilio project continued expansion, with some forecasting revenue growth near 20% annually through the end of the decade under optimistic scenarios. The median price target implies meaningful upside, though individual forecasts range widely based on AI adoption assumptions. The consensus remains constructive, reflecting confidence in Twilio’s strategic direction.

As Twilio navigates its next phase, the market will closely monitor quarterly metrics on cloud migration, AI usage and customer retention. The latest earnings have provided a positive catalyst, but sustained execution will be required to justify premium valuations. For growth-oriented investors comfortable with software sector dynamics, Twilio warrants consideration as a long-term holding with significant potential in the AI communications space.

This article was written by

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Britain’s distillers have been handed an unexpected fillip after Donald Trump announced the removal of all US tariffs and restrictions on whisky imports, a concession the president attributed directly to the influence of King Charles and Queen Camilla’s four-day state visit to America.

The decision, revealed on Trump’s Truth Social platform shortly after the royal couple departed for the UK, brings to an end a punishing 10 per cent levy that the Scotch Whisky Association estimates has been costing the industry roughly £4m a week, some £150m over the past year, at a time when distillers were already bracing for a further 25 per cent charge on single malts due to return this spring.

For an industry that counts the United States as its largest export market, with shipments worth close to £1bn annually, the timing could scarcely have been more welcome. Trump told reporters in Washington that the King and Queen “got me to do something that nobody else was able to do, without hardly even asking”, adding that he had moved “in honour” of his royal guests.

Buckingham Palace responded with characteristic understatement. A spokesperson said the King had conveyed his “sincere gratitude” to the president and would be “raising a dram to the President’s thoughtfulness”.

The decision also unlocks renewed commercial co-operation between Scotland and the Commonwealth of Kentucky, two regions historically intertwined through the trade in used bourbon barrels. The Scotch industry imports roughly £200m-worth of these casks from Kentucky each year, using them to mature its single malts and blends. Trump noted the linkage explicitly, describing both as “very important industries” in their respective territories.

Graeme Littlejohn, director of strategy at the Scotch Whisky Association, told Business Matters the industry was “delighted” by the move. “Distillers will breathe a sigh of relief now that these tariffs are off,” he said. “It’s really thanks to the huge amount of negotiation that’s been going on over many months, at a very senior level. Perhaps the state visit has been the catalyst for getting this over the line, and the King’s added that little bit of royal sparkle to make the deal work.”

Scotland’s First Minister, John Swinney, hailed the announcement as “tremendous news for Scotland”, noting that “millions of pounds were being lost every month from the Scottish economy” under the previous regime. He paid particular tribute to the monarch’s behind-the-scenes role.

The UK government confirmed that the removal applies to all whisky tariffs, including those affecting Irish whiskey producers, a clarification that will be welcomed by distillers on both sides of the Irish Sea. Peter Kyle, the Business and Trade Secretary, called the breakthrough “great news for our Scotch whisky industry, which is worth almost £1bn in exports and supports thousands of jobs across the UK”.

For SMEs across the sector, from craft distillers in Speyside to family-run bottlers in the Highlands and Islands, the lifting of tariffs offers a tangible reprieve. Single malts, which command premium prices in the American market, have been disproportionately affected by the Trump-era levies, and smaller producers without the balance-sheet depth of multinational rivals have felt the squeeze most acutely.

The development represents a rare instance of soft power translating directly into hard economic gain. Whether it heralds a broader thaw in transatlantic trade relations remains to be seen, but for an industry that has spent the better part of a year absorbing the costs of protectionism, the immediate message is clear: the dram is back on.

Jamie Young

Jamie is Senior Reporter at Business Matters, bringing over a decade of experience in UK SME business reporting.
Jamie holds a degree in Business Administration and regularly participates in industry conferences and workshops.

When not reporting on the latest business developments, Jamie is passionate about mentoring up-and-coming journalists and entrepreneurs to inspire the next generation of business leaders.