Chris Morran

Adam Fagen

Appeals Court Will Rehear Case Involving Constitutionality Of Consumer Financial Protection Bureau

Four months after a three-judge panel issued a 2-1 ruling that the structure of the Consumer Financial Protection Bureau is unconstitutional, the full Court of Appeals for the D.C. Circuit has agreed to rehear the issue. [More]

Whistleblower Claims Major Baby Formula Company Used Defective Packaging

Whistleblower Claims Major Baby Formula Company Used Defective Packaging

The business pages are lighting up this morning with the news that baby formula biggie Mead Johnson Nutrition — makers of Enfamil — is being bought by Reckitt Benckhiser (whose brands include baby-stopping Durex condoms) for $16.6 billion, but we’re more interested in a new whistleblower lawsuit from a former Mead Johnson executive who claims the company ignored concerns about defective packaging and fired her for trying to get the problem addressed. [More]

bluwmongoose

FBI Attorney: Tech Companies Are Helping Dumb Criminals By Providing Quality Encryption

Much of the debate about encrypted devices and messaging services has been centered on more sophisticated criminal or terrorist activities, where the people involved are actively searching out ways to avoid detection by law enforcement. However, the FBI’s top attorney contends that tech companies may be inadvertently giving dimwitted crooks a leg up by making quality encryption so widely available. [More]

Office Of Government Ethics Website Overwhelmed After White House Push For “Ivanka’s Stuff”

Office Of Government Ethics Website Overwhelmed After White House Push For “Ivanka’s Stuff”

Following this morning’s comment by White House special adviser Kellyanne Conway that people “Go buy Ivanka’s stuff,” the U.S. Office of Government Ethics says its website was pushed offline by the apparent rush of people looking to voice their opinion on the matter. [More]

White House Staffer Kellyanne Conway Encourages People To “Go Buy Ivanka’s Stuff”

White House Staffer Kellyanne Conway Encourages People To “Go Buy Ivanka’s Stuff”

In the wake of multiple stores dropping or de-emphasizing Ivanka Trump’s women’s clothing line, a senior White House official went on TV this morning to tell people to “Go out and buy Ivanka’s stuff.” [More]

Ad Watchdog Once Again Asks Comcast To Stop Boasting About Having Fastest Internet & In-Home WiFi

Ad Watchdog Once Again Asks Comcast To Stop Boasting About Having Fastest Internet & In-Home WiFi

Last summer, an independent ad industry watchdog group recommended that Comcast put an end to questionable claims that it offers the “fastest internet in America” and the “fastest in-home WiFi,” but the ever-stubborn Comcast refused to abide by that decision and appealed… only to once again be told to just give it up already. [More]

Senators Want To Know Why Price Of Lifesaving Drug Went From $690 To $4,500

Senators Want To Know Why Price Of Lifesaving Drug Went From $690 To $4,500

As you’re probably all too aware, the U.S. is in the midst of an opioid epidemic, meaning that some life-saving overdose treatments have become crucial tools for hospitals, law enforcement, first responders, and families of addicts. At the same time, the makers of one such vital drug have raised the price by more than 600% since 2014, drawing the attention of lawmakers who want to know why. [More]

Chris Wilson

New Lawsuit Claims Trump’s Pro-Deregulation Executive Order Violates Constitution

Last month, President Trump signed an executive order intended to spur massive deregulation — or at least curb new regulations — by requiring that for each new rule issued by a federal agency, at least two rules would have to be undone. Now that order is the target of a legal action claiming that it violates the Constitution and will ultimately harm American consumers. [More]

5-Hour Energy Ordered To Pay $4.3 Million For Deceptive Ads

5-Hour Energy Ordered To Pay $4.3 Million For Deceptive Ads

Four months after a Washington state court ruled that the maker of the popular 5-Hour Energy drink had misled consumers into believing that its product was superior to caffeine, the judge has ordered the company to pay a total of $4.3 million. [More]

Feds: Drug Company Delayed Cheaper Generics By Flooding The FDA With Paperwork

Feds: Drug Company Delayed Cheaper Generics By Flooding The FDA With Paperwork

Given that a brand-name prescription drug stands to lose a significant chunk of its market share once a lower-price generic becomes available, you can understand why a drug company would want to do anything it can to delay the cheaper alternative, even if you disagree with their intentions. We’ve seen companies accused of paying millions to stave off competition through alleged “pay for delay” deals, and we’ve also seen examples of “product hopping” to prevent competitors from entering the field. Now here’s another method for keeping generics off the market: allegedly flooding the Food and Drug Administration with pointless paperwork. [More]

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]