Dollar Tree, Family Dollar Will Sell Off 330 Stores To Get Merger Approval

Dollar Tree, Family Dollar Will Sell Off 330 Stores To Get Merger Approval

A year after the sordid dollar store love triangle began and nearly seven months after Family Dollar chose Dollar Tree to have and to hold for a mere $9.2 billion, the merger process appears to be almost over with federal regulators officially asking the new couple to ditch 330 stores. [More]

NYC Mailman Accused Of Stealing More Than $1M In Tax Refunds In Years-Long Scheme

NYC Mailman Accused Of Stealing More Than $1M In Tax Refunds In Years-Long Scheme

Is there some kind of greedy bug sweeping through the New York City mail system? Okay, probably not, but for the second time in two months a postal employee has been charged by federal prosecutors with taking part in a scheme to pad their own pockets. The most recent case involves a mail carrier who allegedly stole more than $1 million in tax refunds. [More]

(Chris Camargo)

San Francisco Creates New Office To Regulate Airbnb, Other Short-Term Rentals

The city of San Francisco and Airbnb have a somewhat contentious relationship, most recently involving tens of millions of dollars in back-taxes the short-term rental company agreed to pay the city earlier this year. Now, to ensure things continue to go smoothly for renters and rentees of services like Airbnb, the city has created a new office for the sole purpose of enforcing rules regarding vacation and short-term rentals. [More]

Amazon Will Reportedly Pay Self-Published E-Book Authors $.006 Per Page Read

Amazon Will Reportedly Pay Self-Published E-Book Authors $.006 Per Page Read

Last month, Amazon revealed it planned to begin a new payment system that entailed paying some authors per page read instead of per book purchased. Today, we know a little more about those impending payments, including the dollar value that Amazon intends to associate with each turn of the page. [More]

NHTSA “Tentatively Concludes” Fiat Chrysler Failed To Adequately Address Dozens Of Recalls

NHTSA “Tentatively Concludes” Fiat Chrysler Failed To Adequately Address Dozens Of Recalls

Federal regulators took Fiat Chrysler to task for its leisurely pace in fixing 11 million vehicles recalled for one reason or another in recent years during an unusual public hearing today. [More]

(frankieleon)

Bubble Wrap: Now With Less Pop

We’ve all been there: You receive a fragile packaged carefully wrapped in Bubble Wrap that’s just begging for you to start pinching the plastic between your fingers to create that joyous popping sound. The days of that sweet sound may be over as the biggest company in the Bubble Wrap game is revamping its signature product by removing its popping possibility. [More]

(frankieleon)

Could You Soon Be Making Purchases By Scanning Your Face? That’s The Plan At MasterCard

Who has time to memorize the special code or password when you could just scan your face to approve an online purchase? While using facial recognition as confirmation you’re, well, you, might seem a little far-fetched, it could be a reality this fall according to MasterCard. [More]

Sprint Partnering With UK Tech Retailer To Open Up To 500 New Stores In The U.S.

Sprint Partnering With UK Tech Retailer To Open Up To 500 New Stores In The U.S.

There could be a few more Sprint stores in the neighborhood soon, as the wireless company announced plans to partner with one of the U.K.’s biggest technology retailers to open new locations stateside. [More]

PayPal Buys Online Money Transfer Company Xoom For $890M

PayPal Buys Online Money Transfer Company Xoom For $890M

PayPal appears to be preparing for its upcoming separation from parent company eBay later this month by buying an online money-transfer company to increase its international and online presence. [More]

What You Should Know About Rent-To-Own Retail Models: Extra Costs, High Interest Rates

What You Should Know About Rent-To-Own Retail Models: Extra Costs, High Interest Rates

Rent-to-own stores offer cash-strapped consumers the ability to take home a new refrigerator, living room furniture set and hundred of other items by allowing them to pay a little each month. But, as we’ve reported in the past, what seems like a convenient years-long payment plan often adds hundreds – even thousands – of dollars to the price tag of a product. To ensure potential customers of rent-to-own stores know what they’re getting into, our colleagues at Consumer Reports put together a helpful video spelling out the potential dangers of such retail models. [More]

Dept. Of Justice Investigating Alleged Collusion By Airlines To Keep Ticket Prices High

Dept. Of Justice Investigating Alleged Collusion By Airlines To Keep Ticket Prices High

Just weeks after a legislator voiced concern that a shrinking airline industry has perpetuated potential anti-competitive behavior aimed at keeping the price of airfare high, the Department of Justice revealed it is looking into the possibility of collusion between airlines.
[More]

10 Things We Learned About The University Of Phoenix’s Alleged Military Marketing Strategy

10 Things We Learned About The University Of Phoenix’s Alleged Military Marketing Strategy

It’s no secret that for-profit colleges receive a large chunk of their revenue from military education benefits. To deter unscrupulous for-profit colleges from unfairly targeting these prospective students, the government has imposed several limitations on just how these companies can recruit servicemembers. But a new report shows that one of the nation’s largest proprietary education institutions – The University of Phoenix – spends millions of dollars to allegedly skirt those rules. [More]

Companies Must Refund Millions Of Dollars For Credit Card Add-On Services Customers Never Received

Companies Must Refund Millions Of Dollars For Credit Card Add-On Services Customers Never Received

As a rule of thumb, if you’re a company and you charge a customer for a service or product, you’re supposed to actually provide that service or product. That apparently wasn’t a practice adhered to by two credit card add-on companies that must now pay millions of dollars in fines and refunds. [More]

Macy’s Dumps Trump Over Controverial Comments, He Says It Was His Idea

Macy’s Dumps Trump Over Controverial Comments, He Says It Was His Idea

What do a southern chef, the owner of a professional basketball team and a candidate in the 2016 presidential election have in common? They’ve all been ditched by brands, retailers and other companies after being accused of making racist comments. The latest addition to the list comes as Macy’s announced it would sever its decades-long relationship with businessman Donald Trump. [More]

Risk Evaluation Report Finds Mobile Banking Leaves Some Banks More Vulnerable to Cyber Attacks

Risk Evaluation Report Finds Mobile Banking Leaves Some Banks More Vulnerable to Cyber Attacks

While mobile banking is no doubt convenient for customers – and banks – there’s a significant downside to the fact that more and more financial institutions are using the technology: an increased risk that your personal information will fall in the hands of a cyber criminal. [More]

(Louis Abate)

FBI Investigating String Of Internet Cable-Cutting Attacks In California

If you live in the Sacramento area and experienced shoddy Internet service yesterday, there’s a chance it wasn’t your provider’s fault. Federal investigators say someone has been attacking high-capacity Internet cables for a least a year, with the most recent attack occurring on Tuesday.
[More]

Customer Claims Panera Soup Came With A Side Of Razor Blade

Customer Claims Panera Soup Came With A Side Of Razor Blade

When ordering a cup or bowl of soup from Panera Bread most people would prefer to have a roll or chunk of baguette accompanying their meal. But a Florida woman says her soup came with something extra on a recent lunch trip to the restaurant: a razor blade. [More]

United Airlines Invests In Alternative Fuel Company, Plans To Use Biofuel In Trips This Summer

United Airlines Invests In Alternative Fuel Company, Plans To Use Biofuel In Trips This Summer

Last year, Southwest Airlines announced it would start using biofuels created from forest remnants to power some flights beginning in 2016. Today, United Airlines raised the stakes in the alternative jet fuel game, announcing plans to fly a plane this summer using fuel generated from farm waste and oils derived from animal fats, while also investing millions of dollars in other alternative fuel processes.  [More]