Latest Consumer protection and advocacy News

FTC looking at rules to corral tech firms' data collection

Aug. 11, 2022 19:09 PM EDT

WASHINGTON (AP) — Whether it's the fitness tracker on your wrist, the “smart” home appliances in your house or the latest kids’ fad going viral in online videos, they all produce a trove of personal data for big tech companies. How that data is being used and protected has...

AC casino dealers reject designated smoking area proposal

Aug. 09, 2022 15:56 PM EDT

ATLANTIC CITY, N.J. (AP) — Atlantic City casino dealers opposed to smoking indoors are rejecting an idea being floated among state legislators to create designated outdoor smoking areas that employees could opt out of staffing. Pete Naccarelli, a Borgata dealer and a leader of a...

Public sector strike cripples cash-strapped Lebanon

Aug. 09, 2022 02:58 AM EDT

BEIRUT (AP) — Tarek Younes was once solidly middle class and felt he helped contribute to society as an inspector in the Lebanese government’s consumer protection agency. But the country's economic free-fall has eroded his income and civic pride. In his desperation, Younes has...

Hungary fines Ryanair over raising prices to cope with tax

Aug. 08, 2022 06:58 AM EDT

BUDAPEST, Hungary (AP) — Hungary accused Ryanair of consumer protection violations and fined it more than three-quarters of a million euros after the budget carrier raised ticket prices to cope with a tax on what the government calls “extra profits" of industries ranging from airlines to banks....

Virginia regulators OK Dominion's planned offshore wind farm

Aug. 05, 2022 17:19 PM EDT

RICHMOND, Va. (AP) — State regulators on Friday approved an application from Dominion Energy Virginia to build an enormous offshore wind farm off the coast of Virginia Beach and recover the cost from ratepayers. No parties to the monthslong proceeding had opposed the approval of...

Amazon to buy vacuum maker iRobot for roughly $1.7B

Aug. 05, 2022 15:03 PM EDT

NEW YORK (AP) — Amazon on Friday announced it has agreed to acquire the vacuum cleaner maker iRobot for approximately $1.7 billion, scooping up another company to add to its collection of smart home appliances amid broader concerns from anti-monopoly and privacy advocates about Amazon's market...

What Equifax’s credit score errors mean for consumers

Aug. 05, 2022 08:11 AM EDT

Equifax, one of the three major credit bureaus, announced that a computer coding error resulted in the miscalculation of credit scores for consumers in a three-week period between March 17 and April 6. For 300,000 consumers, the error shifted credit scores as much as 25 points. The changes to...

New crypto oversight legislation arrives as industry shakes

Aug. 03, 2022 17:32 PM EDT

WASHINGTON (AP) — After 13 years, at least three crashes, dozens of scams and Ponzi schemes and hundreds of billions of dollars made and evaporated, cryptocurrencies finally have the full attention of Congress, whose lawmakers and lobbyists have papered Capitol Hill with proposals on how to...

JetBlue is buying Spirit for $3.8 billion after bidding war

Jul. 28, 2022 18:30 PM EDT

JetBlue Airways is buying Spirit Airlines for $3.8 billion in a deal that could increase competition at the top end of the U.S. airline industry while eliminating the largest discount airline for travelers on a tight budget. The agreement announced Thursday capped bidding war that...

Gov't: US Bank workers opened fake accounts for sales goals

Jul. 28, 2022 16:42 PM EDT

NEW YORK (AP) — For more than a decade, US Bank pressured its employees to open fake accounts in their customers' names in order to meet unrealistic sales goals, the Consumer Financial Protection Bureau said Thursday, in a case that is deeply similar to the sales practices scandal uncovered at...