Hold steady chocolate lovers! You’re about to see a price hike in your candy and other foods. The number one U.S. candy producer Hershey Co. is raising its chocolate prices in response…
Category: Business
Citigroup, Inc. To Pay $7B Settlement For Role In 2008 Financial Disaster
Officials and Citigroup, Inc. said in an effort to settle multiple state and federal government investigations, the company will pay $7 billion in consumer relief and cash regarding its sale of substandard…
Fiverr Sellers/Buyers Plan July 1 Protest In Light Of New ARS System
Popular marketplace Fiverr.com recently implemented a new feedback system dubbed Advanced Rating System (ARS), designed to create a “better, more transparent community for buyers and sellers”. Sellers and buyers alike don’t feel…
FTC Being Asked To Investigate CarMax Practices Of Selling Used Non-Repaired, Recalled Cars
Several consumer and auto safety organizations have put a petition into the Federal Trade Commission about the vehicles CarMax, a used car sales company, is selling. If the FTC supports the organizations,…
Whole Foods Ordered To Pay $800,000 Fine For Illegal Overcharging
Whole Foods customers tend to pay a lot of money for their groceries – one of the reasons the store was nicknamed “Whole Paycheck”. However, a recent California investigation unveiled a tactic…
Honda and Other Automakers Issue Recall Over Airbag Defect
Honda Motor Company of Japan is recalling more than two millions vehicles around the world for a defect in the airbag that could cause a fire. According to Honda, the 2,033,000 vehicles,…
General Motors Could Face Another $35M Fine For Recall Delay
General Motors could face another hefty fine due to an old e-mail from a GM employee warning the automaker about a possible “serious safety issue”. On Wednesday, an e-mail dated Aug. 30,2005…
FCC Chairman Wheeler Appoints Commission Staff To Investigate Internet Content Slowdowns
Tom Wheeler, the Federal Communications Commission Chairman, said he’s going to look into the reasoning of why people are not getting the good service they pay for to stream videos such as…
Iraq Unrest Pushes Crude Prices Up Higher; Spike In Gas Prices Could Occur
Crude oil prices were pushed to their highest levels so far this year on Friday based on the civil unrest occurring in Iraq. According to a report, the worldwide demand for oil…
eBay Under Fire For Hacker Attack Mismanagement
eBay first felt that the information of its customers was safe after forensic investigators looked over the network security breach uncovered in the early part of May and making its discovery known…