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]
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]
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]
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]
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]
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]
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]
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.
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]
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]
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]
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.
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]
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]