Sales of Barbie fell 12 percent in the U.S. as the 49-year- old doll faced competition from Hannah Montana and Ganz’s Webkinz. Mattel, which recalled more than 21 million Chinese-made products in 2007, expects Chinese manufacturing costs to rise further. The yuan has climbed 10 percent against the dollar over the past 12 months, and inflation in China is near an 11-year high.
Government Policy
Mattel Losing Money As Manufacturing Costs Rise
By 4.21.08
Cablevision Claims They Are Not Lying Liars, But Mysteries Remain
By 4.20.08
Cablevision responded to our post chastising their attempt to force customer to upgrade to digital service by pointing to an unrelated FCC mandate. Cablevision admits that there is no connection between their unilateral business decision to cut channels and the FCC-mandated transition to digital television, but their statement leaves several questions unanswered. Read Cablevision’s statement and our response, after the jump.
Cablevision Blatantly Lies To Subscribers As The FCC Twiddles Its Thumbs
By 4.19.08
Update: Cablevision responds.
USDA Accused Of Bullying Inspectors Who Reported Safety Violations
By 4.18.08
First the FAA makes their own inspectors cry in front of Congress and now the Associated Press says that the head of the federal inspectors’ union is alleging that the USDA told him to “drop the matter” when he reported food safety violations at slaughterhouses. When he refused, he was placed on “disciplinary investigative status.”
By 4.18.08
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Due to recruitment difficulties, the same guy making sure you don’t bring on more than three ounces of deadly shampoo is now getting trained as a US Air Marshal. [CNN]
$25 Million Counterfeit Goods Ring Busted In NY-NJ
By 4.17.08
If you live in the NYC area, one thing you probably won’t be spending your stimulus check on now is a pair of shiny new fake Nikes—or ersatz Louis Vuittons, packs of imitation Duracell batteries, or faux-Timberland boots.
5 Myths About The Upcoming Tax Rebate Stimulus Check
By 4.16.08
There are a lot of myths and rumors going around out there about the upcoming stimulus check. Tax Cat is in full debunk mode this morning. Careful of the claws, ladies and gentlemen. He gets touchy when tax season ends and he has to retire the glasses for another year and go back to ruining things in Chad’s apartment.
Sprint's "Nucking Futs" "Jessica" Fired
By 4.16.08
benpopken: How did the company track down which “Jessica” it was?
Southwest Passengers Sue Over Missed Inspections
By 4.16.08
The AP is reporting that four Southwest passengers have filed a federal lawsuit alleging that Southwest broke its contract with passengers by skipping important safety inspections… over a period of six years.
Company Sued For Waterboarding Salesman
By 4.15.08
“We’re not the mean waterboarding company that people think we are,” says the general counsel for Prosper Inc., a company that sells “coaching packages” over the telephone. They’re being sued by a former employee who says he was held down as his boss emptied a gallon jug of water into his mouth and nose as part of a team-building exercise. Our tipster Rachael writes that it’s like “an episode of The Office gone horribly wrong.”
Malt-O-Meal, Puffed Rice Cereal Recalled For Salmonella
By 4.14.08
The recalled products were distributed nationally under the Malt-O-Meal brand name as well as under private label brands including Acme, America’s Choice, Food Club, Giant, Hannaford, Jewel, Laura Lynn, Pathmark, Shaw’s, ShopRite, Tops and Weis Quality. The cereals have “Best If Used By” dates from April 8, 2008 (coded as “APR0808”) through March 18, 2009 (coded as “MAR1809”).
Scammers Want Your Stimulus Check And Tax Refund
By 4.14.08
Phoung Cat Le from the Seattle Post-Intelligencer reports that a colleague of hers is the victim of income tax ID theft. A scammer filed her income taxes before she did, hoping to get a hold of her refund and stimulus check.
By 4.12.08
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Sorry, light cigarette smokers! The Second Circuit denied you class-action status in your suit against the tobacco companies. A district court judge had held that “virtually all Americans who had purchased cigarettes labeled as ‘light'” could be part of the class. The appellate court laughed at this broad certification, saying it would not “reduce the range of issues in dispute and promote judicial economy.” [Consumer Law & Policy Blog]
Sprint To Customer: "Are You Nucking Futs?"
By 4.12.08
Reader Pam asked Jessica if she could port her landline to her mobile account, prompting the Sprint CSR to respond: “No, are you nucking futz?” Pam wasn’t expecting an abusive chat when she visited Sprint’s website to research a potential contract extension, but Jessica unexpectedly appeared with advice that wasn’t just rude, but also wrong.
Tax Tip For Lazy People: How To Get An Extension On Your Income Taxes
By 4.11.08
You need an extension.
By 4.11.08
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Here’s an informative slideshow that breaks down how your tax dollars are spent (spoiler alert: nearly half goes to the military). [CNBC]
Sears, Best Buy, Wal-Mart And Others Fined For Not Warning Consumers About Analog Obsolescence
By 4.10.08
The FCC handed out a whole basketful of fines to electronics retailers today: $1.1 million for Sears and Kmart; $992,000 for Wal-Mart; $712,000 for Circuit City; and amounts between $168,000-384,000 for Target, Best Buy, CompUSA, and Fry’s Electronics. What made Christmas come so early? They were all failing to warn consumers that analog-only TVs and tuners will stop working on their own when the digital switchover comes next year.
Verizon Sues Time Warner Cable Over "Egregiously False" Advertising
By 4.10.08
Verizon has had enough of Time Warner Cable making fun of their fiber intake and has sued the cable company, claiming that their advertising is “egregiously false” and is causing “immediate and irreparable harm” to Verizon.
