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Business briefs: Chrysler issues recall for 67,000 pickups

From Wire Reports

NEW YORK – Fiat Chrysler is recalling about 67,000 model year 2006 and 2007 pickups because of a problem that could allow the trucks to be started without the clutch being depressed. Chrysler said one death is associated with the problem.

The National Highway Traffic Safety Administration had opened an investigation into the trucks in May after receiving a report of a child starting a 2006 Dodge Ram 3500 pickup without using the clutch. The truck moved forward, striking and killing another child, the safety agency said.

The company said Monday that a wire in the clutch ignition interlock switch could break in trucks with manual transmissions. That could keep the truck from starting, or if drivers don’t follow recommended starting procedures, the truck could move when the ignition key is turned.

The company is recalling Dodge Dakota, Dodge Ram 1500, 2500, 3500 and Mitsubishi Raider pickups that were made between July 2005 and June 2006. Nearly 55,000 of them are in the U.S.

FCA US LLC, the former Chrysler Group LLC, will replace the switches at no cost to consumers.

Shake Shack orders up initial public offering

NEW YORK – Shake Shack is bringing its burgers, milkshakes and crinkle-cut fries to Wall Street.

The burger chain filed for an initial public offering Monday, hoping to raise as much as $100 million. It didn’t say how many shares it plans to offer, or at what price, so that number may change. It plans to use the cash raised to open more restaurants, including its first one in Austin, and to renovate existing stores.

Shake Shack Inc. plans to list its stock on the New York Stock Exchange under the ticker symbol “SHAK.”

Signatures submitted to fight California’s plastic bag ban

SACRAMENTO, Calif. – Business groups trying to overturn a new California law that bans single-use plastic bags said Monday that they’ve collected more than enough signatures to put their referendum on the November 2016 ballot.

If the referendum qualifies, the nation’s first statewide ban on single-use plastic bags will be suspended until voters weigh in, effectively buying plastic bag manufacturers more time.

The plastic bag manufacturing trade group American Progressive Bag Alliance said it was turning in more than 800,000 petition signatures to county registrars by Monday’s deadline to qualify the referendum. The group needs about 505,000 valid signatures to qualify, and it will be weeks before counties make that determination through random sampling.

The ban was scheduled to be phased in starting in July at large grocery stores and supermarkets as a way to cut down on litter and protect marine life.

The law does not apply to bags used for fruits, vegetables or meats, or to shopping bags used at other retailers. It allows grocers to charge at least 10 cents for using paper bags.

The law had marked a major milestone for environmental activists who have successfully pushed plastic bag bans in cities across the U.S., including Chicago, Austin, Texas, and Seattle. Hawaii is also on track to have a de facto statewide ban, with all counties approving prohibitions.

More than 100 California cities and counties, including Los Angeles and San Francisco, already have such bans.

But plastic bag manufacturers said the ban amounted to a cash-giveaway to grocers that would lead to a loss of thousands of manufacturing jobs. They said Californians now have a chance to weigh in.

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