Chris Morran

Scott Miller

Time Running Out For Sears To Figure Way Out Of Death Spiral

For quite some time, Sears has managed to stay afloat by selling off real estate and brands, closing stores, and borrowing huge piles of cash from its CEO, which is not exactly a plan for long-term sustainability. If that all weren’t grim enough, now comes news that raises even more doubt about the future of this once-great retailer. [More]

Adam Fagen

House Passes Bill Requiring Warrants For Searching Older Emails

The House of Representatives has unanimously passed a second attempt at new legislation that would update existing federal laws to require that law enforcement obtain a warrant in order to remotely search files that are older than six months. [More]

State Lawmakers Push Back Against Philadelphia Soda Tax

State Lawmakers Push Back Against Philadelphia Soda Tax

The beverage industry’s efforts to derail Philadelphia’s new controversial tax on sweetened drinks have thus far been unsuccessful, leading to higher prices and unhappy customers when the tax went into effect on Jan. 1. Now, dozens of state lawmakers are going after the city’s tax, calling it an “impermissible sales tax” that “sets a dangerous precedent.” [More]

Video Of Real-World ‘Portal’ Shows Off Possibilities For Microsoft HoloLens

Video Of Real-World ‘Portal’ Shows Off Possibilities For Microsoft HoloLens

If you have doubt about the entertainment potential for augmented reality headsets like Microsoft’s HoloLens, this video from developer who recreated the mechanics of the popular Portal video games in AR may give you something to believe in. [More]

Steve R.

Facebook: There Is No “Wonder Machine” To Automatically Detect Hate Speech, Abuse

Social media services like Facebook and Twitter have taken a lot of heat in recent years over many of the hateful things their users share with the rest of the world. Some have accused these companies of not doing enough to prevent this sort of behavior in the first place, but Facebook says there is really not much else it can do right now. [More]

Sandy Putnam

Hospitals To Congress: Keep Obamacare Or Restore Billions In Payments To Cover Uninsured

When a patient shows up to the emergency room needing immediate life-saving surgery, they are going to receive treatment whether they have insurance or not. With both Congress and the White House pushing for repeal of the Affordable Care Act, hospital administrators are telling lawmakers they will need to restore billions of dollars a year in federal funding to hospitals to cover the costs of treating uninsured and low-income patients. [More]

Chris Wilson

Trump Order Targeting Dodd-Frank Reforms Is Largely Symbolic, Still Cause For Concern

This morning, President Trump began to fulfill his campaign promise to “get rid of Dodd-Frank,” putting his name to an executive order that directs federal regulators to revise the rules established by the 2010 financial reforms. While this latest directive from the Oval Office is largely symbolic and does little to change existing regulations, consumer advocates say there are still reasons to be concerned. [More]

Photo Nut 2011

State: Time Warner Cable Defrauded Customers By Advertising Internet Speeds It Couldn’t Provide

Back in 2015, New York Attorney General Eric Schneiderman launched a statewide effort to measure residents’ broadband speeds to see if they were getting the “blazing fast” internet access that the service providers advertised. Today, Schneiderman announced his office is suing New York City’s biggest broadband provider for not only failing to live up to its promises, but for allegedly knowing that many customers couldn’t possibly see the speeds that TWC promised. [More]

Univision Pulls Channels From Charter-Spectrum Lineup

Univision Pulls Channels From Charter-Spectrum Lineup

A nasty battle between the nation’s largest Spanish-language broadcaster and the second-largest cable company has resulted in Univision pulling its channels from millions of Charter-Spectrum customers. [More]

Company Demands Thousands Of Dollars Over Negative Yelp Reviews, Despite Federal Law

Company Demands Thousands Of Dollars Over Negative Yelp Reviews, Despite Federal Law

In December, after an inexplicably long trip through the legislative process, President Obama signed the Consumer Review Fairness Act, making it illegal for companies to demand that consumers sign away their right to speak honestly. However, not everyone seems to have gotten this message. [More]

Mike Mozart

Auto Industry: Possible Border Tax Would Raise Prices, Even On American-Made Cars

Facing a possible new tax on imported goods, some of the biggest names in auto manufacturing and retail are calling on lawmakers to rethink the tax, claiming it will hurt their businesses and lead to higher prices. [More]

Report: Treasury Secretary Nominee Mnuchin Misled Senate About Robo-Signed Foreclosures

Report: Treasury Secretary Nominee Mnuchin Misled Senate About Robo-Signed Foreclosures

Steve Mnuchin, President Trump’s nominee for Treasury Secretary, recently told members of the Senate Finance Committee that his former bank OneWest did not use the illegal practice of “robo-signing” when foreclosing on homeowners after the collapse of the housing bubble. However, a new report claims that OneWest repeatedly used robo-signed documents on foreclosures. [More]

Chris Wilson

Trump Executive Order Requires Cutting 2 Old Rules For Every 1 New Rule, But Is It That Easy?

This morning, President Donald Trump signed an executive order that is being described as “two out, one in,” meaning that for each new federal regulation, two existing rules are to be cut. While it might seem like a simple concept, the reality is quite different. [More]

Louis Abate

Starbucks CEO Says Company Will Hire 10,000 Refugees At Stores Around World

Amid efforts by the Trump administration to curb immigration, Starbucks CEO Howard Schultz announced over the weekend that his company “will neither stand by, nor stand silent, as the uncertainty around the new Administration’s actions grows with each passing day.” [More]

FDA Once Again Finds Elevated Levels Of Belladonna In Some Hyland’s Homeopathic Teething Tablets

FDA Once Again Finds Elevated Levels Of Belladonna In Some Hyland’s Homeopathic Teething Tablets

Your infant is in pain from sore gums, and you want to do something to ease that pain, so maybe you consider a homeopathic treatment, with its heavily diluted active ingredients. What you may not know is that this seemingly innocuous teething tablet might contain unsafe levels of potentially dangerous belladonna. [More]

geetargeek

Congressional Committee Officially Asks FCC To Kill Set-Top Box Reform

If you had any hope of being able to get your cable box from someone other than your cable company (or paying Tivo’s ridiculously high prices and subscription fees), you should probably just throw that hope into the garbage bin. One Congressional committee — the head of which has been heavily funded by the pay-TV and broadcast industries — has officially called on new FCC Chair Ajit Pai to scuttle the agency’s stalled efforts to make set-top boxes better and more affordable. [More]

Adam Fagen

Consumer Advocates, 17 States Willing To Defend CFPB In Court If Trump Administration Won’t

The Consumer Financial Protection Bureau is barely five years old and its future is already in doubt after a divided federal appeals court ruled that the CFPB’s leadership structure is unconstitutional. The Bureau’s legal battle is far from over, but the new Trump administration would likely not fight a court ruling the White House seems to agree with. That’s why a number of consumer advocates and more than a dozen state attorneys general have stepped up, seeking to defend the CFPB if the new executive branch won’t. [More]

Verizon And Charter Romance Heats Up; Could Merger Marriage Be On Horizon?

Verizon And Charter Romance Heats Up; Could Merger Marriage Be On Horizon?

Earlier this month, it was reported that Verizon has a thing for big cable companies that begin with the letter “C,” and that it really wants to make out under the bleachers with either Comcast or Charter. Now comes news that Big V has actually begun the courting process with the latter. [More]