Report: Dick’s Won Auction For Golfsmith’s Intellectual Property, U.S. Stores

According to “a person familiar with the matter,” Dick’s Sporting Goods picked up the U.S. business and intellectual property of bankrupt specialty retailer Golfsmith for $70 million, as expected. Serving as its caddies for this round were well-known names in the retail liquidation business, Hilco Global and Tiger Capital Group. [More]

Reports: Possible AT&T/Time Warner Merger Valued At $85 Billion

Reports: Possible AT&T/Time Warner Merger Valued At $85 Billion

This morning, the world woke to find out that AT&T and Time Warner were getting cozy and maybe thinking about moving in together. Now comes news that talks have heated up and that a nearly $90 billion deal could be in the offing. [More]

Are You Entitled To A Refund After A Cable/Satellite Blackout? Probably Not

Are You Entitled To A Refund After A Cable/Satellite Blackout? Probably Not

It seems like every time a major pay-TV company has to renew its contract with a big cable/broadcast network, customers have to sit through ugly media campaigns from both sides threatening blackouts. Those shutdowns are usually averted at the last minute, but if they happen they can last weeks or even months. When that happens, are you due a refund? Maybe you feel like you do, but a recent federal court ruling casts doubt on the likelihood of you ever getting anything. [More]

Scott Lynch

The ATM Liability Shift Is Here, And Most Don’t Have Chip Readers

Hey, remember the ATM liability shift? You know, how MasterCard’s liability shift means that the operator of any ATMs not equipped with EMV (computer chip) card readers by October of this year would be liable for fraud, and not the credit card network. That deadline was today, and most ATMs in the wild aren’t yet equipped with chip readers. [More]

Vivienne Gucwa

Dear New Yorkers: Your Short-Term Airbnb Listing Could Lead To $7,500 Fine

It’s already illegal for New York residents to list their unoccupied apartments on Airbnb for less than 30 days, but now it’s illegal and it could cost them: Governor Andrew Cuomo on Friday signed into law a measure that penalizes hosts up to $7,500 for such listings.  [More]

vanessa lollipop

Science Says: Cheese Makes Wine Taste Better

Your Friday night plans have just been validated by science: a new study finds that eating cheese with wine makes wine taste better. [More]

FCC Chair Tom Wheeler Talks Privacy, 5G & Set-Top Box Reform

Consumer Reports

When Tom Wheeler was appointed FCC Chair in 2013, some questioned whether a former frontman for both the cable and telecom industries could possibly keep consumers’ needs in mind when dealing with the companies he’d known intimately for decades. John Oliver even likened the naming of Wheeler as FCC Chair to “needing a babysitter and hiring a dingo.” Yet, not only has Wheeler demonstrated that he’s not a dingo, he’s also gone toe-to-toe with the companies he once represented, enacting new net neutrality rules that regulate broadband as a utility, challenging phone companies to put an end to robocalls, going after wireless providers for misleading “unlimited” plans, and trying to shake up the pay-TV monopoly on set-top boxes. [More]

Amtrak Now Prohibiting Passengers From Bringing Galaxy Note 7 Devices On Trains

Amtrak Now Prohibiting Passengers From Bringing Galaxy Note 7 Devices On Trains

First planes, now trains: the Samsung Galaxy Note 7 is no longer welcome on Amtrak. [More]

Phillip Jeffrey

How Bad Test Results From Theranos Led To Bad Real-Life Consequences For Patients

Something as simple and routine as a blood test can have life-changing consequences, and some patients whose test results from medical startup Theranos were later found to be inaccurate faced stress and worry, had to be re-tested, and made life-altering medical decisions based on wrong information. What did that look like in real life? [More]

Target Recalls 127K Halloween Window Clings Over Choking Hazard

Target Recalls 127K Halloween Window Clings Over Choking Hazard

One of the easiest — and less messy — ways to decorate for any holiday is to slap a few plastic clings to your windows, and if those decorations happen to include lights, even better. Except, of course, if you bought some of those products from Target, as the retailer has recalled 127,000 Halloween-themed LED gel clings.  [More]


Striking Jim Beam Workers Accept New Contract

If you were worried that a walkout at two Jim Beam distilleries in Kentucky was going to threaten supplies of whiskey, rest easy: striking workers voted today to accept a new contract from parent company Beam Suntory. [More]

Alec Tabak

DOJ, States To Sue Moody’s Credit Rating Agency For Role In Mortgage Meltdown

What drove the mortgage bubble in the years leading up to the 2008 financial crisis wasn’t just ill-prepared home-buyers signing on to subprime, adjusted-rate mortgages they couldn’t afford, or the lenders who effectively gave up on underwriting these loans so as to bundle and resell as many of them as possible. There were also credit rating agencies that gave these mortgage-backed bonds the seal of approval, even when they were worthless. [More]


Report: Coach, Burberry Not Actively Discussing A Merger, Despite Rumors

Though rumors have been swirling that luxury brands Burberry and Coach are considering a merger — leading to a spike in both companies’ stock prices — inside sources say there aren’t any active discussions happening between the two companies at the moment. [More]

Australia's 7 News

Apple Investigating Report Of iPhone 7 Catching Fire

While we’ve heard numerous reports of Samsung smartphones and tablets overheating and catching fire — sometimes destroying property and injuring customers — now Apple is on the receiving end of at least one similar report.  [More]

Have You Paid Attention This Week? Take The Consumerist Quiz To Find Out

Devlon Duthie

There’s a lot of important stuff going on in the news right now — the baseball playoffs, the split-up of Brad and Angelina, the pedestrianization of Norwich City Centre… and probably something else that’s obvious but slipped our mind. We can’t possibly cover it all, but we can quiz you on the things we do cover. [More]

Keegan Berry

7 Things We Learned About The History Of The Slurpee

This year marks the 50th anniversary of the Slurpee, which grew along with 7-Eleven to become the preeminent frozen sugary beverage in this country, and perhaps in the world. Like any product that old, the Slurpee has a fascinating history. [More]

(Agus Sutanto)/(GeorgeM757)

What’s Holding Up Merger Of Alaska Airlines & Virgin America?

Alaska Airlines’ proposed $4 billion merger with Virgin America is taking longer than either airline anticipated. Days after the companies’ targeted merger completion date passed, federal regulators continue to probe the validity and affect the merger would have on competition.  [More]


McDonald’s Has All-Day Breakfast To Thank For Beating Earnings Expectations

McDonald’s is probably patting itself on the back right about now: the Golden Arches managed to beat earnings expectations and also achieved solid growth in same-restaurant sales for the most recent quarter. The company says the boost is due in part to its all-day breakfast menu, “McPick” promotions, and its recently revamped chicken nuggets. [More]