Walmart Announces It's Probing Itself Overseas In Bribery Investigation

Walmart Announces It's Probing Itself Overseas In Bribery Investigation

We’ve got to at least give Walmart credit for being unafraid to admit they’re getting frisky with themselves. More specifically, they announced in a securities filing that they’ve launched an internal probe into whether employees were bribing foreign officials overseas. [More]

Transportation Secretary Ray LaHood: Don't Worry Guys, Chevy Volt Is Safe To Drive

Transportation Secretary Ray LaHood: Don't Worry Guys, Chevy Volt Is Safe To Drive

You know those battery fires that could spark up if a Chevrolet Volt crashes, the ones the National Highway Traffic Safety Administration are very seriously investigating? Don’t worry about it –Transportation Secretary Ray LaHood says the electric cars are safe to drive. [More]

Researcher Claims Software On Many Smartphones Is Tracking Your Every Keystroke

Researcher Claims Software On Many Smartphones Is Tracking Your Every Keystroke

There was that late-night text you shouldn’t have sent, or maybe the embarrassing amount of times you searched for Hall & Oates lyrics before calling your ex-boyfriend to cry. What if software on your Android phone was logging all of that info and keeping it elsewhere? One security researcher claims that is exactly what’s going on. [More]

Chevy Volt Owners: GM Will Lend You A Car For Free After Fiery Battery Debacle

Chevy Volt Owners: GM Will Lend You A Car For Free After Fiery Battery Debacle

Do you own a Chevrolet Volt? If so, your battery might be in danger of catching fire. Instead of taking that risk, maybe you should accept General Motors’ offer of a free loaner car while they check out that whole safety issue thing. [More]

Facebook Agrees To Settle With FTC Over Privacy Violation Charges

Facebook Agrees To Settle With FTC Over Privacy Violation Charges

Three years after the Federal Trade Commission leveled charges against Facebook, claiming the social networking site violated users’ privacy, a settlement has been reached. Part of the terms of the proposed settlement requires Facebook to undergo audits for 20 years. [More]

NYC Pet Stores Linked To Midwest Puppy Mills

NYC Pet Stores Linked To Midwest Puppy Mills

An undercover video investigation shows that many New York area pet stores are getting their pets stocked by so-called “puppy mills” with a history of USDA violations. [More]

Shadow Economies: Harvest Organs From The Poor For The Rich

Shadow Economies: Harvest Organs From The Poor For The Rich

Living in abject poverty, $10,000 is a beguiling promise. All you have to do is give up one kidney. It’s ok, you have another one. But a Bloomberg Markets Magazine investigation shows how gangs around the world prey on the poor and use threats and violence to get them to give up their organs, which they can then resell for upwards of $150,000. This isn’t just happening in some ice-filled bath in China: this week, a Brooklyn man plead guilty to selling black market kidneys to people in New Jersey. [More]

Private Equity Bets Big Bucks On "Buy Here Pay Here" Dealerships

Private Equity Bets Big Bucks On "Buy Here Pay Here" Dealerships

In the second of a three-part series on “Buy Here Pay Here” dealerships, used car lots that target subprime borrowers with easy credit and triple the national average interest rates, the Los Angeles Times looks at how private equity firms have flocked towards the growing industry, lured by 38% margins. [More]

"Buy Here Pay Here" Dealerships Investigated

"Buy Here Pay Here" Dealerships Investigated

The Los Angeles Times has an excellent investigation into the national “Buy Here Pay Here” auto dealership phenomenon. These used car sellers purposefully target bad credit borrowers and offer them what no one else will: the chance to buy a car on credit. All they have to do is agree to 20-30% interest rates, a price well above the car’s Blue Book Value, and aggressive repo practices if they fail to pay up. But it’s not a big deal if they don’t. Borrower failure is baked into the business plan. [More]

4 Fannie Mae Staffers Placed On Administrative Leave Pending Investigation

4 Fannie Mae Staffers Placed On Administrative Leave Pending Investigation

Four Fannie Mae staffers have been placed on administrative leave while federal investigators probe a series of foreclosed apartments the enterprise sold. [More]

Stolen 5,300 Pound Copper Church Bell Recovered Near Scrapyard

Stolen 5,300 Pound Copper Church Bell Recovered Near Scrapyard

Ding dong, are you missing a bell? Acting on a tip, police recovered a 5,300 pound copper bell that was stolen last week from the garden of St. Mary’s Cathedral in West Oakland, California. [More]

DNA Tests Show Cheaper Fish "Mislabled" As Pricier Kinds At Restaurants

DNA Tests Show Cheaper Fish "Mislabled" As Pricier Kinds At Restaurants

In an investigation, the Boston Globe gathered fish from 134 restaurants, supermarkets and fish-mongers. They hired an independent lab to test the fish for authenticity and discovered 87 of the 183 fish tested were “mislabeled,” a whopping 48%. [More]

DOT Investigates Airlines For Not Disclosing Fees On Their Websites

DOT Investigates Airlines For Not Disclosing Fees On Their Websites

Starting August 23rd, airlines were supposed to start being more upfront on their websites about the fees they charge you. Guess what? They didn’t. [More]

Higher Education Charging High Prices For Food On Campus

Higher Education Charging High Prices For Food On Campus

It’s not just drug stores that have boosted prices for grocery items, but also campus dining options at universities. Reader Bryan Carroll wrote an article about them for his school newspaper at Stonybrook University, The Statesman. On average, he found the food items from the campus commissary were a whopping 42 percent higher than local grocery stores. [More]

Campus Cops Catch Bike Thieves With "Bait Bikes"

Campus Cops Catch Bike Thieves With "Bait Bikes"

With a high concentration of bicycles and larges crowds to hide in, campuses and universities have been a favorite target for bike thieves. Sometimes they take just one, sometimes a crew comes and cleans out a whole rack. Now campus police at the University of Minnesota are fighting back with “bait bikes.” [More]

Govt. Paid Over $600 Million In Benefits To Dead Workers

Govt. Paid Over $600 Million In Benefits To Dead Workers

A new report by the Office of Personnel Management’s inspector general say the federal government has paid out over $600 million in benefits in the past five years to dead people. The money was meant to go to retired or disabled federal workers. [More]

Brass Thieves Stripping Chicago Fire Hydrants

Brass Thieves Stripping Chicago Fire Hydrants

Underneath the cap on many fire hydrants is a brass ring called the “port ring.” Firemen need it to connect fire hoses to the hydrants. But metal thieves in Chicago are popping open hydrants, prying off the ring, and selling it to scrap buyers for $15 a pop. If another cow kicks over a lantern there, having a city full of stripped fire hydrants could be deadly. [More]

US Accuses Full Tilt Poker Of Being Global Ponzi Scheme

US Accuses Full Tilt Poker Of Being Global Ponzi Scheme

Looks like Full Tilt Poker just went bust. The Department of Justice has accused the site’s proprietors of operating a “global Ponzi scheme” in which the owners got paid with money they told players was being safely held. [More]