Uber’s awful week month year may have just gotten a bit worse, as sources report the ride-hailing company is now in the crosshairs of federal regulators. [More]
inquiry
Report: Feds Investigating Uber Over Privacy Violations
By 6.14.17
NHTSA Investigating Ford Explorers Over Concerns Exhaust Could Enter Cabin
By 7.8.16
Federal regulators are investigating complaints from more than 150 Ford Explorer owners that potentially dangerous exhaust fumes may be leaking into the SUV’s cabin.
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U.S. Investigating Mitsubishi Over Falsified Fuel Mileage Data
By 4.22.16
Two days after Mitsubishi revealed that employees manipulated mileage test data for 620,000 vehicles sold in Japan since 2013, U.S. regulators have opened their own investigation into the carmaker to find out if the same shenanigans occurred stateside. [More]
Federal Inquiry Probes TCF Bank’s Overdraft Practices
By 11.6.15
Overdraft fees cost consumers an average of $32 billion each year. The hefty fees and their often less-than-transparent policies, which vary greatly between banks and financial products, have long garnered the ire of consumer advocates and federal regulators. Case in point: a Minnesota-based bank is now under investigation for possibly unfair and deceptive practices related to its overdraft program. [More]
Lawmakers Open Inquiry Into College Accreditation Agencies
By 11.6.15
One might assume that a college accreditation is an indicator the school has met high standards for education and financial security. But as the recent collapse of Corinthian Colleges demonstrated, this is not always true. In an effort to ensure that America’s students aren’t duped into racking up huge debts to pay for substandard schools, lawmakers are looking to improve the oversight of accrediting agencies.
[More]
Regulators Send Letters To Seven Additional Automakers Related To Shrapnel-Shooting Takata Airbags
By 9.28.15
While federal regulators reduced the number of vehicles equipped with potentially deadly Takata airbags, more could be added to the list that already includes 19.2 million after the National Highway Traffic Safety Administration sent letters last week to seven additional automakers warning that their cars include the shrapnel-shooting safety devices. [More]
