Bank-Backed Congressman Praises Betsy DeVos For Cutting Ties With Consumer Protection Agency

Adam Fagen

Congressman Jeb Hensarling of Texas, whose campaign has received more than $8 million from the financial sector since 2010, has long endeavored to undercut the Consumer Financial Protection Bureau, an agency that regulates many of the businesses that keep Hensarling’s election campaigns flush with contributions. So it’s of little surprise that the lawmaker is thrilled at Education Secretary Betsy DeVos’ recent decision to stop working with the CFPB on student loans — even though the Bureau has returned hundreds of millions of dollars to screwed-over student borrowers. [More]

Merkts Cheese Spread Recalled After Reports Of Plastic Pieces

FDA

Drop the cracker! Put down that little spreader knife! Before you keep snacking, make sure that your tub of spreadable cheese isn’t the port wine flavor of Merkts spread that has been recalled after customers found plastic pieces mixed in with the cheese. [More]

Facebook May Go For LinkedIn’s Jugular With New Resumé Features

Facebook

While Facebook is, by far, the dominant “social” networking site, it’s rarely used for professional networking. Instead, people go to places like Microsoft’s LinkedIn when it comes time to look for a job or just put their resumés out there. But in Facebook’s quest to be all things to all users, it is testing new features that mimic much of what you’d see on LinkedIn. [More]

Operator Of Payday Lending Venture Found Guilty Of Racketeering, Other Charges

DCvision2006

Nearly two years after federal authorities arrested the man behind the company responsible for one of the scammiest payday loans Consumerist has ever seen, the man and his lawyer were convicted of racketeering related to running a $3.6 million online payday lending operation that exploited more than 4.5 million people.  [More]

Taco Bell Will Once Again Give Out Free Tacos After First Stolen Base In World Series

Taco Bell Will Once Again Give Out Free Tacos After First Stolen Base In World Series

Even though we don’t yet know who will be playing in the Big Games, one thing is certain about this year’s World Series: Free tacos are on the line. [More]

Craft Brewers Hoping To Crowdfund $213B To Buy Anheuser-Busch InBev

Craft Brewers Hoping To Crowdfund $213B To Buy Anheuser-Busch InBev

With Anheuser-Busch InBev, MillerCoors, Sapporo, and other beer behemoths snapping up craft brewers left and right, the Craft Brewers Association is asking why this acquisition spree can’t also go the other way, which is why it’s trying to crowdfund a mere $213 billion to buy AB InBev, and then do… something, maybe, with it. [More]

After Closing 100 Locations, Ruby Tuesday Is Going Private In $146M Deal

Mike Matney

Earlier this year, Ruby Tuesday revealed that it was exploring strategic alternatives — corporate speak for a sale — after experiencing continued declining sales and closing nearly 100 underperforming stores. Now, the company has settled on its alternative, a $146 million sale to private equity firm NRD Capital.  [More]

T-Mobile Does Away With Unlimited LTE Data In Mexico And Canada

Patrick

Here’s some bad news for T-Mobile customers who like to travel around North America while streaming Netflix. As of next month, the carrier is ending one of its more interesting perks on most plans: Unlimited LTE data in Canada and Mexico will no longer be available. [More]

County Worker Accused Of Stealing $1.2M Worth Of Fajitas Over 9 Years

Serita V.

We hate handing out tips to wannabe white-collar criminals, but if you’re going to use your job to steal millions of dollars in food, at least make sure you’re in the office to answer calls about your latest shipment of embezzled Tex-Mex arrives. [More]

Supreme Court Will Decide If American Express Can Stop Stores From Encouraging Customers To Use Less-Expensive Cards

The.Comedian

If you have multiple credit cards in your wallet, you probably decide which one to use based on factors like each card’s interest rate, current balance, and rewards programs. Merchants want to make that choice easier by offering discounts or other incentives for using cards that cost the retailer less to process, but American Express forbids its merchants from offering such deals, but it will soon be up to the Supreme Court to decide whether or not that’s legal. [More]

Pizza Hut Alerts Customers Of Possible Theft Of Credit Card & Other Info

SchuminWeb

Tens of thousands of Pizza Hut customers received something unexpected this weekend. No, not a pizza, but notice that their credit card information may have been impacted during a security breach at the pizza company… two weeks ago.  [More]

Amazon Reportedly Working With Vendors To Create Its Own Sportswear Line

Hammerin Man

Following a report earlier this year that Amazon was perhaps working on launching its own line of workout apparel, it sounds like Amazon is making more moves toward peddling sportswear: A new report says the company is talking to vendors and suppliers that make workout gear for some of the most popular brands. [More]

Hyatt Reports Another Payment Card Breach Affecting 41 Hotels In 11 Countries

Yvette Wohn

For the second time in two years, global hotel operator Hyatt has been hit by a far-reaching breach of its payment card system. The latest attack involves the financial information of guests who stayed at any one of 41 Hyatt properties in 11 different countries. [More]

19,000 Macy’s Martha Stewart Cake-Cutting Sets Recalled Because They Aren’t Supposed To Cut You

19,000 Macy’s Martha Stewart Cake-Cutting Sets Recalled Because They Aren’t Supposed To Cut You

When properly used, a cake-cutting knife should not cut the person slicing into the cake. But some Martha Stewart-branding serving sets have been breaking, doing damage to the holder instead of the cake.  [More]

The Best Bits From John Oliver’s Takedown Of The Equifax Scandal

The Best Bits From John Oliver’s Takedown Of The Equifax Scandal

Equifax, the credit bureau that ignored warnings and failed to update its software, leading to a data breach that exposed private information for half the U.S. adult population, stepped into the crosshairs of Last Week Tonight’s John Oliver on Sunday, adding a bit of levity to this otherwise dire ongoing scandal. [More]

Sprint & T-Mobile Want To Merge Without Selling Anything Off

Sprint & T-Mobile Want To Merge Without Selling Anything Off

When a merger between two or more companies will have a drastic effect on competition, it’s all but expected that the new couple will sell off some of their existing operations to alleviate antitrust concerns. Even though a merger or Sprint and T-Mobile would leave the U.S. with only three national wireless carriers, the two rumored lovebirds are reportedly unwilling to part ways with any assets. [More]

Flight Lands Safely After Plane Loses Cabin Pressure, Rapidly Descends Over Pacific

riyad_filza

Passengers on a flight from Australia to Bali on Sunday say they were terrified when the plane cabin depressurized at around 34,000 feet and then rapidly descended about 23,000 feet in a matter of minutes. [More]

Researchers Discover WiFi Vulnerability Affecting Basically Every Device On Earth

Geoff Myers

Well, there’s cheerful news to start off the week: Researchers have discovered and disclosed a massive WiFi vulnerability that puts everyone’s private data at risk. How massive? Basically, if you can read this story, congratulations — you’re almost certainly affected. [More]