Tim enjoyed his unlisted phone number for over thirty years until Charter published it in the local phone book. Now he has two options: ditch his long-time number, or lose his cherished anonymity. Inside, Charter’s apology letter.
EBay’s highly criticized fee changes—lower listing prices but a 67% increase in seller fees—kicked in last week, and next month eBay’s payment service PayPal will start holding certain deposits for up to 21 days if PayPal considers the transaction “high risk.” PayPal earns interest on any money it holds—and it’s perfectly legal because PayPal is a deposit broker and not a bank. If you do find your money stuck in “high risk” detention, there’s only one way you can attempt to earn money from the delay, and that’s by sticking it in PayPal’s Money Market Fund.
Missouri florists have bankrupted a New Jersey telemarketer accused in a class action suit of tampering with phone book listings to siphon callers away from local businesses. The telemarketer, TTP, purchased phone book listings under the same names as local florists, but did not provide an address; the listings appeared side-by-side, but when local callers dialed the number without an address, they were directed to an out-of-state call center that tacked on a handling fee and submitted the order to a different area florist.
“The primary objective of both lawsuits is to get TTP out of Missouri,” said Gregory Leyh of Gladstone, the attorney for both class-action lawsuits. “TTP cheats by pretending to be a local florist so it can fool consumers and steal the legitimate business of Missouri florists. At least for now, TTP is no longer in the floral business in Missouri.”
“The rules these brokers made drove up costs and reduced the choice for consumers, and they violated federal law,” Jeffrey Schmidt, director of the F.T.C.’s competition bureau, said in a statement.”