Adam Fagen

Appeals Court Hears Arguments For, Against Letting President Fire Consumer Protection Chief

For the second time in a year, judges of the Court of Appeals for the D.C. Circuit have heard arguments about constitutionality of the structure of the Consumer Financial Protection Bureau. How the court ultimately rules will determine whether or not the head of this watchdog agency can be fired and replaced at the whim of the President. [More]

Xavier J. Peg

CBO: House Obamacare Repeal Plan Leaves 23 Million More Without Insurance; Higher Out-Of-Pocket Costs

Nearly three weeks after the House of Representatives narrowly passed the American Health Care Act — a budget resolution intended to repeal and replace much of the Affordable Care Act — the nonpartisan Congressional Budget Office is estimating that this latest version of the GOP plan will still leave 23 million additional people without insurance, and result in policies that will drive up your out-of-pocket expenses. [More]

alecm9311

American Eagle May Team Up With Private Equity Firm To Buy Abercrombie & Fitch

Abercrombie & Fitch, the teen-oriented clothing store that you haven’t visited since age 17 because the music is too darn loud, let the world know that it was for sale a few weeks ago. It shouldn’t surprise anyone that a prominent private equity firm is interested, but that firm, Cerberus Capital Management, is teaming up with competitor American Eagle. [More]

Chaos Computer Club

Hacker Uses Printed Photo, Contact Lens To Trick Samsung S8 Iris Scanner

Weeks after a security researcher demonstrated how he could fool the facial recognition software in Samsung’s new Galaxy S8 smartphone with a digital photo, someone else has managed to hoodwink the phone, this time by tricking the phone’s iris scanner with a printed picture and a contact lens. [More]

JeepersMedia

J. Crew CEO Says It Was A “Big Mistake” To Bank On Elitist Image

As J. Crew struggles to compete in today’s tough retail world and avoid going bankrupt like so many other brands, the company’s CEO is admitting that he wasn’t quite prepared for how its high-priced image would fail to lure customers amid competition from fast fashion retailers with cheaper clothing.. [More]

The GlassPeople

42 States And D.C. Settle With Johnson & Johnson Over Adulterated OTC Drugs

You might remember multiple recalls of over-the-counter medications from McNeil Consumer Healthcare, a subsidiary of Johnson & Johnson, at the beginning of this decade. These included adult and children’s versions of common drugs like Tylenol, Motrin, Zyrtec, and Benadryl. After settling criminal charges, now the company has now settled allegations that it marketed these products deceptively when claiming that it followed good manufacturing processes. [More]

Inha Leex Hale

You Could Soon Be Unloading A Lot More From Your Checked Bag At Airport Security

The Transportation Security Administration and airlines, alike, have implemented processes at airports designed to take some of the burden out of the security line — from fully automated checkpoints to hiring more screeners. Now, the TSA is working on more changes intended to make the security process more efficient — like removing food from carry-ons and using digital ID scanners. But before we can speed through the checkpoints, some unsuspecting passengers will have serve as guinea pigs.  [More]

Michael Kappel

4 Ways A Drug Company Makes Billions Off Patients With The Rarest Diseases

It’s no secret that there’s big money to be had in drugs. The cost of many pharmaceuticals has increased dramatically. But the real money makers for the drug industry aren’t necessarily the commonplace prescriptions for antibiotics of painkillers that most of us know by name; it’s the drugs that are used by very few people, who often need them to survive. [More]

Dank Depot

Vermont Gov. Vetoes Bill Legalizing Recreational Marijuana, Sends It Back For Some Changes

Vermont residents will have to put off their dream of lighting up a legal joint for a bit longer after the state’s governor vetoed a bill legalizing small amounts recreational marijuana, and instead sent it back to legislators for some revisions. [More]

Psychiatric Hospital Chain Reportedly Under Investigation For Allegedly Holding Patients Longer Than Needed

Psychiatric Hospital Chain Reportedly Under Investigation For Allegedly Holding Patients Longer Than Needed

Investigators from the FBI and the Department of Defense are reportedly looking into allegations that Universal Health Services — the nation’s largest provider of inpatient psychiatric care, with nearly 200 facilities in 38 states and Puerto Rico — is padding its bottom line by deliberately holding patients longer than is medically necessary. [More]

Matchmaking Service Costs Thousands Up Front, Doesn’t Guarantee Multiple Dates

Matchmaking Service Costs Thousands Up Front, Doesn’t Guarantee Multiple Dates

In love, like life, there are no guarantees. But singles who signed on with a matchmaking service offering connections to other locals say they wound up with dateless, despite paying thousands of dollars up front for the chance to meet other lonely hearts. [More]

‘Free’ Anti-Wrinkle Cream Offers Could Drain Your Bank Account

‘Free’ Anti-Wrinkle Cream Offers Could Drain Your Bank Account

No matter how tempting they seem, stay away from online offers of “free trials” of skin products. Instead of smoothing your wrinkles, they may deepen your frown lines by draining your bank account, since agreeing to a “free trial” of a product can mean agreeing to automatic shipments of it and other products as well. [More]

Razor War Gets Cutthroat: New Schick Subscription Sells Blades For Gillette Handles

Razor War Gets Cutthroat: New Schick Subscription Sells Blades For Gillette Handles

After years of trying to beat each other by selling more expensive, fancier, gel-filled, battery-powered, car-washing, lost-key-finding razors, Schick and Gillette are now duking it out in the more affordable realm of subscription blade plans. Not only is Schick now selling its own blades by mail; it’s selling blades that fit on Gillette’s handles but cost less. [More]

Mike Mozart

Barnes & Noble CEO Uses Amazon To Justify His Company’s Continued Existence

In the age of online shopping, are bookstores irrelevant? The new CEO of big-box bookstore chain Barnes & Noble doesn’t think so. If they were, why would Amazon be opening physical bookstores across the country, with a new one opening in New York City tomorrow? He sees this growth as proof that bookstores are still relevant. [More]

Comcast Threatens Legal Action Against Net Neutrality Advocates Over Comcastroturf.com

Comcast Threatens Legal Action Against Net Neutrality Advocates Over Comcastroturf.com

Though Comcast loves to slap its various brand names over everything it can, the company is apparently none too happy that net neutrality advocates have invoked the Comcast name in their efforts to find out who is behind a trove of fake anti-neutrality comments filed with the FCC. [More]

Lucille Roberts’ Ban On Working Out In Skirts Is Not Religious Discrimination, Says Judge

Lucille Roberts’ Ban On Working Out In Skirts Is Not Religious Discrimination, Says Judge

The Lucille Roberts chain of gyms did not discriminate against an observant Jewish member by refusing to let her work out in a skirt, says a federal court judge in dismissing the woman’s civil rights lawsuit. [More]

Graco Recalling 25,400 Carseats That May Not Properly Restrain Children In A Crash

Graco Recalling 25,400 Carseats That May Not Properly Restrain Children In A Crash

If you tote your child from point A to point B in a Graco carseat, listen up: The company has recalled eight different carseat models after finding they may not adequately restrain a child. [More]

JeepersMedia

T-Mobile Will Pay Off Verizon Customers’ iPhones If They Switch (And Pay For Insurance)

T-Mobile is once again trying to lure away customers from a bigger wireless provider, this time offering to pay off the remaining iPhone (or Google Pixel) payments for Verizon customers willing to jump ship… and also willing to toss away $15/month on insurance. [More]