Corinthian Colleges Completes Collapse, Closes Remaining Campuses Effective Immediately

Corinthian Colleges Completes Collapse, Closes Remaining Campuses Effective Immediately

Although it was nearly a year in the making, the largest collapse in U.S. higher education finally occurred Sunday, as embattled for-profit education chain Corinthian Colleges Inc. – the operator of Everest University, Heald College and WyoTech – announced it would close the remainder of its campuses effective Monday. [More]

Ohio-based Jeni's Ice Cream has recalled all of its products and closed retail shops because of possible listeria contamination.

Jeni’s Splendid Ice Cream Recalls All Products, Closes Scoop Shops Over Possible Listeria Contamination

For the second time this week, an ice cream maker has issued a voluntary recall of all products for fear they may be contaminated with listeria bacteria. While the first recall centered on major manufacturer Blue Bell Creameries, the most recent belongs to Jeni’s Splendid Ice Creams, which sells desserts at its own boutique stores and retail stores such as Whole Foods. [More]

(Ken Fager)

Consumer Groups Ask Congress To Ensure That For-Profit Schools Are Held Accountable

When the new gainful employment rules take effect later this year, for-profit educators would need to demonstrate that their programs are actually training graduates to earn a living. But a pending piece of legislation seeks to give these schools a free pass to billions of dollars in federal student aid.

[More]

(frankieleon)

Michigan High School Baseball Team Stranded In Florida After Spirit Cancels Flight

Just two days ago the American Customer Satisfaction Index revealed that Spirit Airlines was the worst when it comes to, well, customer satisfaction, and it seems the airline is wasting no time in confirming that it earned its low scores. Just ask the Michigan high school baseball team that had to fork over thousands of dollars for a chartered bus after being told they would have to wait an extra week to rebook their canceled Spirit flight. [More]

(Hammerin Man)

Senators Want To Close Federal Funding Loophole Exploited By For-Profit Colleges

Each year for-profit colleges receive billions of dollars in Post 9/11 GI Bill benefits by exploiting a loophole in the rules that govern how these institutions collect federal funds. Once again, a group of senators has set out to change the way in which these schools count student aid, this time by urging the Department of Education to take an aggressive stand. [More]

(Mike Mozart)

McDonald’s Closes 700 Locations In First Half Of 2015

Just yesterday McDonald’s new CEO Steve Easterbrook claimed that he was in the midst of developing a turnaround plan for the once unstoppable fast food force. However, it appears his ideas on how to reverse sagging sales and criticism of labor practices comes a bit too late for about 700 locations that have already closed or are slated for closing this year. [More]

(Atwater Village Newbie)

Tesla Testing Soon-To-Be-Launched Batteries At Several Walmart Stores

With Tesla’s “major new product line” announcement scheduled to take place next week, new reports have surfaced that support the idea the company’s much-hyped unveiling is for a new line of batteries to power homes and businesses. One in particular points out the company’s new energy source is already at work powering several Walmart stores.  [More]

Thousands Of Shark Vacuum Cleaners Recalled For Shock Hazard

Thousands Of Shark Vacuum Cleaners Recalled For Shock Hazard

Commercials for Shark vacuum cleaners boast the devices’ plethora of uses: detaching the canister to clean at the top of bookshelves, easy swivel movements and powerful suction abilities. One thing the ads don’t discuss is the possibility that users could be shocked while using the device. For that reason, nearly 142,000 vacuums are being recalled. [More]

Amazon will begin testing a new delivery method that allows couriers to place packages to the trunk of customers' cars.

Amazon & DHL Testing Delivery To Customers’ Car Trunks

It’s not uncommon for consumers to shuttle around packages and shopping bags in the trunks of their cars. While most people put those items there themselves, Amazon wants to take that task off the hands of a very exclusive group of Prime members. [More]

(Sarah Braun)

CDC Investigators Link Current Blue Bell Listeria Outbreak To Illness From 2010

For the past two months, Blue Bell Creameries has grappled with an outbreak of listeria that has been linked to three deaths and at least 10 illness in four states. While the source of the contamination has yet to be determined, federal investigators now believe the issue has been ongoing for at least five years. [More]

Many Americans Still In The Dark About Overdraft Fees & Other Bank Practices

Many Americans Still In The Dark About Overdraft Fees & Other Bank Practices

While millions of consumers contribute to the $32 billion in overdraft fees collected each year, a new video shows that many checking account holders don’t fully understand the way overdrafts work or how much they spend on the fees each year. [More]

Blue Bell Creameries Beefs Up Investigation Into Cause Of Listeria Contamination, Two More Illnesses Reported

Blue Bell Creameries Beefs Up Investigation Into Cause Of Listeria Contamination, Two More Illnesses Reported

Two days after Blue Bell Creameries voluntarily recalled all of its products, the 100-year-old business says it’s making progress in pinpointing the cause of a massive listeria contamination that has led to three deaths and at least 10 illnesses. [More]

(Rachel)

FBI, TSA Issue Warning To Airlines Over Possible Flight Hackings

A week after a government report identified security weaknesses within the airline industry including the possibility that newer airplanes with interconnected WiFi systems could be hacked, the Federal Bureau of Investigation and Transportation Security Administration issued an alert warning airlines to be vigilant about monitoring for such threats. [More]

(TheTruthAbout)

Mortgage Servicer Must Refund Consumers $48M For Array Of Deceptive Practices

Every once in a while government agencies team up to take down unscrupulous operations that prey on financially vulnerable consumers. Such was the case this week when the Consumer Financial Protection Bureau and the Federal Trade Commission took action against a mortgage servicer that engaged in a assortment of deceptive practices often resulting in consumers losing their homes. [More]

California Orders Corinthian Colleges To Stop Enrollment At WyoTech, Everest Campuses

California Orders Corinthian Colleges To Stop Enrollment At WyoTech, Everest Campuses

The collapse of for-profit education chain Corinthian Colleges – operator of Everest University, Heald College and WyoTech – continued today after a California regulator issued an order requiring the company to cease enrolling new students at its Everest and WyoTech campuses in the state. [More]

(Chris Blakeley)

FICO Expands Program To Give Millions Of Consumers Free Access To Credit Scores & Reports

Millions of financially struggling consumers who work with qualified nonprofit counseling agencies now have access to free credit scores and credit reports with the expansion of the FICO Score Open Access program. [More]

(David Transier)

Southwest Airlines Sued Over Death Of Passenger

The widow of a California man who died hours after experiencing a medical emergency onboard a Southwest Airlines flight last year filed a lawsuit against the airline claiming the crew members failed to provide adequate medical attention after the man collapsed in the plane’s lavatory. [More]

Starbucks Wants You To Buy Mom A $200 Gift Card Worth $50 Because It’s Your Mom

Starbucks Wants You To Buy Mom A $200 Gift Card Worth $50 Because It’s Your Mom

If you missed your chance to buy Starbucks’ $200 silver keychain that acted as a $50 gift card during the 2014 holiday season, you have another shot at stainless steel glory. [More]