And just like that the foundation of ITT Education Services is beginning to crumble. Today, the Department of Education took a series of actions that bans the company behind the for-profit chain of ITT Technical Institutes from enrolling new students using federal financial aid funds. [More]
What exactly constitutes a “100% natural” food is a matter of much debate, but four new lawsuits argue that granola shouldn’t claim to be 100% natural because if contain small amounts of a common pesticide.
Volkswagen took another step in putting that whole “Dieselgate” thing behind it Thursday, filing a settlement agreement that would compensate dealers affected by the carmaker’s decision to equip more than 500,000 vehicles equipped with “defeat devices” used to skirt emission standards. [More]
Even though the Oakland Raiders have not yet received the NFL’s blessing to relocate (again), the team appears to be protecting a potential Las Vegas future from potential trademark raiders. [More]
The nation’s largest privately held bank sold its credit card customers on add-on programs intended to help cover their accounts when they faced unexpected hardships. However, the Consumer Financial Protection Bureau says the bank deceived customers about the reality of these and other programs and has ordered it to provide nearly $28 million in relief to hundreds of thousands of affected cardholders. [More]
If you’re worried about the security of mobile banking, you’re not alone. Mobile banking apps use a wide array of complicated passwords, biometric tools (like thumbprint or facial scanning), and two-factor authentication to make sure you’re you before “you” try to mess with your money. But preventing anyone from being able to guess how to log in to your account does no good if your phone’s got malware on it that gives would-be baddies a wide-open back door.
Almost a year and a half after Google announced it would be bringing its new fiber service to Salt Lake City, the company has started the sign-up process for the city’s residents. [More]
Earlier this year a man was accused of hacking United Airlines in order to steal travel vouchers from some frequents fliers. In an attempt to better protect loyal customers’ vouchers, mileage points, and other information, the carrier recently unveiled a slew of updates to its website, including employing a security question section with pre-selected answers. Wait, what? [More]
It can be frustrating for both customers and fast food employees alike when something about an order isn’t right, but that’s no excuse for chucking things at each other. One such tense situation is why a Burger King manager was arrested recently, after allegedly throwing sauce at an unhappy customer. [More]
As more shoppers go online — or turn to retailers that don’t feel like they’ve just given up — same-store sales at Sears and its corporate kin Kmart have continued to sink, leading the once-great department store chain to borrow $300 million from the hedge fund owned by none other than Sears Holdings CEO Eddie Lampert. [More]
After receiving intense backlash from consumers, lawmakers, and health advocates over the skyrocketing price of emergency allergy treatment EpiPen — the costs increased as much as 600% in just nine years — pharmaceutical giant Mylan plans to cover some of that cost for certain patients. [More]
As you may have heard, the cost of a life-saving EpiPen from drug maker Mylan increased as much as 600% in just nine years, causing lawmakers and health advocates to call on the drug company — and its CEO Heather Bresch — to lower the cost and provide answers for its increase in the first place. But that could be difficult given the executive’s personal connections not only to the medication, but one legislator. [More]
We’ve all been there: you’re in your car, driving along, when you’re suddenly struck with an idea for an insanely awesome invention that could totally change the way you and the rest of the world drive. That’s great, and Ford wants you to send it some of those ideas, but others, well, it’s heard’em before. [More]
When Do Identical Products Have Two Different Prices At The Same Store? When They’re Sold At Target, Obviously
Target’s pricing and labeling incompetence is so legendary that we now use the term “Target Math” to describe a situation where any retailer baffles customers by, for example, advertising a “sale” that is more expensive than the everyday price, or where percentages are irrelevant, or when the economy of buying in bulk is turned on its ear. The latest fuzzy math from Target involves charging two different prices for identical items, including infant ibuprofen and acetaminophen. [More]