(Eric Smith)

Lexus Recalls Nearly 423,000 Sedans Because Fuel Leaks Can Lead To Fires

The only time most consumers want to see a car catch on fire is during a high-action movie. So it’s probably for the best that Toyota issued a recall of nearly 423,000 Lexus vehicles for a fuel leak issue that increases the risk of fire. [More]

(jetsetpress)

CFPB Proposes Rules To Protect Consumers From Shoddy Foreclosure Practices

Since the recession began in the late 2000s, many homeowners have struggled to keep their homes, often fighting off aggressive and shady foreclosure attempts. Over the years, consumers groups have fought to extend protections for these consumers. On Thursday, the Consumer Financial Protection Bureau took steps to ensure that homeowners and struggling borrowers are treated fairly by mortgage servicers. [More]

(Phil Jones)

Discover, Wells Fargo To Offer Private Student Loan Modifications

Consumers facing difficulty in paying back their private student loans often have a difficult time receiving any relief from lenders. While some smaller banks have relaxed their repayment terms for good borrowers in the past, two of the nation’s largest private lenders are set to make the same opportunities available to private student loan borrowers. [More]

Comcast unveiled a new feature that allows customers to track their service technician.

Is Comcast’s New Appointment Tracker A Time Saver Or An Unrealistic Concept?

We all know that time is precious, and for once it seems like Comcast is agreeing with consumers on that point. The company, which has a decidedly checkered consumer relationship, unveiled a new attempt to project a more consumer-friendly appearance by beginning tests of a new app that allows people waiting on a service call to track where a technician is currently located. [More]

Corinthian Colleges Has agreed to sell half of its campuses including some Everest and WyoTech schools.

Corinthian Sells 56 Everest, WyoTech Campuses To Loan Servicer ECMC In $24M Deal

Embattled for-profit college chain Corinthian Colleges, the operator of schools like Everest, Heald and WyoTech, found a buyer for at least half of its campuses in the form of student-loans servicing company Educational Credit Management Corporation (ECMC). [More]

Hiroshi Shimizu, enior Vice President, Global Quality Assurance Takata Corporation, answered questions during a Senate committee hearing regarding defective airbags.

Takata “Deeply Sorry” To Those Affected By Defective Airbags, Still Reluctant On Nationwide Recall

In September 2013, Stephanie Erdman’s life changed forever when her 2002 Honda Civic collided with another vehicle on the way to a local grocery store in Florida. While Erdman’s passenger suffered only scrapes and bruises, she’s undergone a number of surgeries – with more to come – after being struck by shrapnel from her vehicle’s ruptured Takata airbag. Erdman’s story, and the graphic photos of her accident and injuries, took center stage Thursday morning during a Senate Commerce, Science & Transportation hearing addressing the airbag defects that have now been linked to at least five deaths. [More]

(frankieleon)

Arizona Sues GM For $3B, Claiming Auto Maker Defrauded Consumers

So far this year General Motors has been party to a slew of lawsuits related to its massive ignition switch recall involving millions of vehicles with the potentially deadly defect. The latest case against GM was filed Wednesday by the State of Arizona, which alleges that the carmaker defrauded consumers out of an estimated $3 billion by knowingly selling defective vehicles. [More]

(Michael Saechang)

FTC Shuts Down Two Tech Support Schemes That Bilked $120M From Consumers

Sometimes when you can’t fix your computer yourself you turn to the experts. Unfortunately, some of those tech wizards are only out to help themselves. That appears to be the case for two Florida-based companies that allegedly conned tens of thousands of consumers – many of whom were senior citizens – out of $120 million by deceptively marketing computer software and tech support. [More]

(Misfit Photographer)

CFPB Orders ‘Buy-Here, Pay-Here’ Auto Dealer DriveTime To Pay $8M Penalty For Unfair Debt Collection Practices

For the first time in its existence the Consumer Financial Protection Bureau took action against a so-called “buy-here, pay-here” vehicle dealer, ordering the company to pay $8 million and fix its egregious ways. [More]

(Adam Fagen)

Apple Reportedly Pushing Beats Music App To Everyone’s iPhone, iPad With Next iOS Update

Apple’s first big move after purchasing Beats earlier this year – aside from firing people and removing competing products from its stores – reportedly involves pushing the subscription music service to all iPhones and iPads during an iOS update early next year. [More]

(Mac(3))

Attempting To Steal Steaks From Walmart By Sitting On Them Only Leads To Your Arrest And Really Flat Steaks

We already know that meat is the product of choice for many shoplifters and that more often than not that particular kind of theft involves the meat being shoved down one’s pants. But a new development in meat-centric thefts occurred this week when a man allegedly tried to steal several rib-eye steaks by sitting on them. [More]

Uber Investor Ashton Kutcher Sticks Up For Executive Who Wanted To Look Into “Shady Journalists”

Uber Investor Ashton Kutcher Sticks Up For Executive Who Wanted To Look Into “Shady Journalists”

If you’ve been on the internet at all this week, then you already know that Uber has found itself in hot water after an executive discussed the idea of digging up dirt on journalists critical of the company. Well, things aren’t looking much better for the ride-sharing company today after actor and investor Ashton Kutcher Tweeted his support for the executive in question. Uber has also updated its privacy policy to ease the minds of users, but it could still allow the company to track riders. [More]

(AutoZone)

Jury Orders AutoZone To Pay Former Employee $185M For Pregnancy Discrimination

The Equal Employment Opportunity Commission’s Pregnancy Discrimination Act forbids companies from discriminating against employees based on pregnancy when it comes to any aspect of employment including hiring, firing, promotions and demotions. So when a former employee accused AutoZone of illegally demoting and then firing her after she became pregnant, the woman sued the company. And this week a California jury ruled in her favor, ordering the auto parts retailer to pay her $185 million. [More]

(Chris Blakeley)

Operators Of “Free Access To Credit Scores” Scam To Return $22M To Victims

Consumers looking for a good deal might be tempted to take unknown companies up on their offer of providing credit scores for free. But those promises can often be too good to be true. Just ask consumers bilked out of millions of dollars after falling for once such “deal”. [More]

(I Am Rob)

NHTSA Pushes For National Recall Of Takata Airbags

In the past year, nearly 10 million vehicles have been recalled in areas of high humidity – generally the southern United States – related to defective Takata-produced airbags. That number could increase significantly now that the National Highway Traffic Safety Administration has urged the Japanese auto parts maker and car manufacturers to expand the recall to cover the entire United States. [More]

(Alan Bruce)

Authorities Arrest Owner, Six Employees Of Debt Collection Group That Scammed $4.1M From Consumers

We’re no stranger to the shady tactics that debt collection companies use to pry money from consumers. But the latest scam to be shut down by U.S. authorities might be one of the most egregious we’ve ever seen. [More]

(Ken Fager)

Pabst Blue Ribbon Remains American, Wasn’t Actually Purchased By Russian Brewing Company

Back in September it was widely reported that Pabst Blue Ribbon would become a little less American after its parent company was purchased by a Russian beverage company. Only that was never actually the case. [More]

(David Renteria)

One Year After Jeep Recall, Repairs Still Difficult To Obtain

Despite Chrysler’s promise earlier this year to ramp-up efforts to fix more than a million Jeeps recalled over a year ago, consumers continue to report issues with obtaining the needed repairs. [More]