Thursday, Jun 24, 2021 - 15:35:06
1000 results - (0.000 seconds)

consumers:

latest news at page 1:
    A Missouri court has ordered televangelist Jim Bakker and his church to pay $156,000 after viewers purchased a fake COVID-19 cure during the pandemic.  The settlement, announced by the Missouri Attorney General's Office, bans Bakker from advertising or selling the product to "diagnose, prevent, mitigate, treat or cure any disease or illness." The total value represents $90,000 from the agreement...
    The House Judiciary Committee advanced six bills to combat tech giants’ monopolistic practices, with a bipartisan group of lawmakers spurning extensive lobbying efforts by firms like Facebook and Google. The central bill, dubbed the American Choice and Innovation Online Act (ACIOA), bars big tech companies from favoring their own products on their platforms at the disadvantage of others. It...
    WASHINGTON - U.S. lawmakers debated into the night Wednesday over details of legislation aimed at curbing the power of Big Tech firms with a sweeping reform of antitrust laws. The House Judiciary Committee clashed over a series of bills with potentially massive implications for large online platforms and consumers who use them. The legislation could force an overhaul of...
    In this article KHCVIDEO4:3604:36Kraft Heinz U.S. president on inflation, new consumer behavior and morePower LunchThe head of Kraft Heinz's U.S. business told CNBC on Wednesday that rising price pressures during the Covid pandemic have so far been "manageable" for the food and beverage giant. "From our perspective, it looks manageable, the inflation that we're seeing so far," Carlos Abrams-Rivera said...
    A key point of contention for Apple in recent months has been pressure on the company to allow users to “sideload” apps onto their iOS devices, a process that completely avoids the Apple App Store, which the company continues to argue is both unsafe and unfair to users. Incredibly, the company claims that the freedom to choose different methods of...
    Apple CEO Tim Cook called House Speaker Nancy Pelosi earlier this month to warn over 'rushed' antitrust bills that are circulating throughout the House, according to a new report.     Cook called Pelosi and other members of Congress to 'deliver a warning' that the antitrust bills were 'rushed,' would hurt innovation and hurt consumers by disrupting Apple's services, according to The...
    Complaints against some digital payment services and apps like Venmo, Cash App or Zelle are skyrocketing, according to a troubling new report. Nonprofit U.S. Public Interest Research Group [PIRG] says top issues include scams, trouble using accounts and poor customer service. The group analyzed more than 9,200 complaints filed with the Consumer Financial Protection Bureau from 2017 to April of...
    Republicans and Democrats recently introduced six bills tackling Big Tech’s market power under our nation’s century old antitrust laws. The bills vary in scope. One bill would give more resources to the antitrust agencies to support ongoing litigation filed by President Trump’s administration against tech titans Google and Facebook. Another bill would create a pro-consumer, pro-competition data portability mandate so consumers...
    In this article POSHThredUp is an online consignment and thrift store. It has struck partnerships with retailers, including Walmart.ThredUPSecondhand apparel has gained popularity among shoppers and now, some want the government to give it a boost. Nearly half of consumers — 44% — think the government should promote a more sustainable approach to fashion, such as offering tax breaks to...
    According to the Department of Justice, a Georgia resident and his company pleaded guilty today to a felony charge relating to the distribution of anabolic steroids and steroid-like drugs in purported dietary supplements. According to court documents, James Chadwick Brooks, 41, of Norcross, and his company, CCB Nutrition LLC, pleaded...
    In this article AMZN AAPL FB GOOGL (COMBO) This combination of pictures created on July 07, 2020 shows (L-R) Facebook CEO Mark Zuckerberg in Paris on May 23, 2018, Google CEO Sundar Pichai Berlin on January 22, 2019, Apple CEO Tim Cook on October 28, 2019 in New York and Amazon Founder and CEO Jeff Bezos in Las Vegas,...
    WEST SACRAMENTO (CBS13) – There’s growing concern that there may not be enough fireworks this year to meet consumer demand. It’s the latest problem being blamed on the COVID-19 pandemic. It’s a problem that’s sure to have an impact on local charities that rely on firework fundraising. READ MORE: House Of Oliver Employee Recounts Moments After Shooting Fireworks will go...
    Rep. Ken Buck, R-Colo., urged fellow GOP lawmakers to back bipartisan legislation to curb the power of Big Tech companies, Monday, after House Minority Leader Kevin McCarthy opposed bills to break up some of the country's biggest brands. Buck, a ranking member on the House Judiciary Committee's Subcommittee on Antitrust, Commercial, and Administrative Law, is leading the charge on multiple...
    CHiCAGO (WLS) -- According to the Better Business Bureau, people should be wary about scammers during Amazon Prime Day.As Amazon Prime Day takes place June 21 and 22, the BBB warns people to look out for scams, including phishing, false advertising and phony websites."It's really a big day for the scammers, retail experts say Prime Day nets more sales for...
                        Photo “Lumber” Mike Mozart CC BY 2.0.
    More from: Charles Gasparino How SEC boss should deal with meme stock schemes Latest economic figures show Bidenomics is not working Bidens plan to target business as a way to win votes BlackRock’s ‘No. 1’ goal in woke investing: Huge ESG-funds haul ‘Meme’ mob behind Gamestop frenzy might still imperil soaring AMC Four years ago, as a student at...
    New York (CNN Business)You might not be excited about paying higher prices for meat and vegetables, but your grocery store is thrilled.The rising prices for staples like milk and pork affect grocery stores too, as they have to pay more to their suppliers. But while they are raising prices under the guise of increasing supplier costs, they're adding a little...
    In this June 19, 2020, protesters chant as they march after a Juneteenth rally at the Brooklyn Museum, in the Brooklyn borough of New York. AP Photo/John Minchillo Samantha Lee/Insider Prior to 2020, 45% of Americans said they didn't know anything about Juneteenth Protests pushed consumers to hold corporations responsible for their marketing to Black communities 62% of...
    In this article MEAnne Wojcicki, 23andMe co-founder & CEO (right) celebrates with 23andMe employees after remotely ringing the NASDAQ opening bell at the headquarters of DNA tech company 23andMe in Sunnyvale, California, U.S., June 17, 2021.Peter DaSilva | ReutersThe newest trade in the stock market is "ME." Personalized medicine and at-home genetic testing kit company 23andMe went public on Thursday...
    Amazon is selling its own at-home COVID-19 test kit directly to consumers.  The kit, which received approval from the U.S. Food and Drug Administration (FDA) in March 2021, will cost $39.99. Kits come with a swab kit and a prepaid shipping label to be returned to an Amazon lab for analysis with some kits  available via one-day shipping through Prime,...
    In this article ADS-DEKasper Rorsted, chief executive officer of Adidas AG, gestures while speaking during a Bloomberg Television interview in London, U.K., on Tuesday, Oct. 1, 2019.Simon Dawson | Bloomberg | Getty ImagesSocial media has made it easier for consumers to hold companies and CEOs accountable for their actions, and that's a good thing, Adidas CEO Kasper Rorsted told CNBC's...
    In this article DFSFifty-six percent of travelers told Discover they'll use contactless payment methods more often while on trips this year.martin-dm | E+ | Getty ImagesMost news about travel may have focused on health and safety since the pandemic hit over a year ago. However, cost and booking flexibility are now even more top of mind for Americans looking to...
    In this article F FORD Bronco SUVs in production at Ford's Michigan Assembly plant, June 14, 2021.Michael Wayland | CNBCDETROIT – Ford Bronco SUVs are rolling off a Michigan assembly line and shipping to dealers for the first time in roughly 25 years, marking a new beginning for what's expected to be a significantly profitable product for the automaker....
    U.S. Sen. Roger Wicker (R-MS), ranking member of the Senate Committee on Commerce, Science, and Transportation, introduced a bill aimed at curbing tech censorship called the PRO-SPEECH Act last week. The bill would establish baseline protections to prohibit Big Tech from engaging in unfair, deceptive, or anti-competitive practices that limit or control consumers’ speech. The bill draws a strict distinction...
    kate_sept2004 | E+ | Getty Images Before you take out a mortgage or car loan, check your credit report. It may have a mistake that could cost you. It's not as uncommon as you may think. More than one-third, or 34%, of Americans found at least one error on their credit report, according to a new Consumer Reports investigation....
    More On: credit Credit card age is often considered — even if it’s been closed Will canceling unused credit cards hurt my credit score? Amazon’s credit card company is a nightmare This is the score millennials care about the most Deferred payments app Klarna soared to a valuation of $45.6 billion in its latest fundraising round — buoyed by...
    WASHINGTON - U.S. consumer prices surged in May, jumping 5% from a year ago, the highest annual inflation rate in nearly 13 years, the Labor Department reported Thursday. The increase, in a variety of ways, is linked to the country’s recovery from the coronavirus pandemic, with merchants increasing prices as consumers — many of them flush with money from...
    In this article MALuke Sharrett | Bloomberg | Getty ImagesThe back-to-school season is usually a time of new beginnings, but consumers are more eager than usual for a fresh start after the pandemic. That emotion will fuel spending, according to a new forecast. Back-to-school sales in the U.S. are expected to grow 6.7% from 2019 and 5.5% from last year's...
    Gov. Greg Abbott Tuesday signed Senate Bills 2 and 3 into law to strengthen the state’s power grid and reform The Electric Reliability Council of Texas (ERCOT), which operates it. He was joined by Republican legislators who authored the bills, state Rep. Chris Paddie and state Sens. Kelly Hancock and Charles Schwertner. The bills were legislative priorities of the governor’s...
    Shoppers wear protective masks inside the Glendale Galleria shopping mall in Glendale, California, on Thursday, May 6, 2021.Bing Guan | Bloomberg | Getty Images One of the country's largest retail trade groups, the National Retail Federation, boosted the industry's outlook for the year on Wednesday, saying it anticipates "the fastest growth that we've seen in this country since 1984." Retail...
    New York (CNN Business)Add paint to the growing list of things that are getting more expensive.Sherwin-Williams (SHW) announced Tuesday that "demand remains strong" for its paint and other products, forcing the retailer to hike prices 7% beginning in August. The company blamed rising costs of raw materials for the price increases -- a pandemic trend as consumers have changed their...
    Therefore, investment and wealth management companies are the financial services companies that consumers are most skeptical of. Banks and credit unions (61%), insurers (51%) and payment service providers like Visa, PayPal and MasterCard (48%) are more trusted than their advisors. Visa, PayPal, MasterCard and Stateform really top the list of companies that consumers trust the most. Morning Consult believes this...
    Americans borrowed less than expected in April, data released by the Federal Reserve showed Monday, indicating that the precautionary stance many consumers adopted in 2020 may linger even as the pandemic recedes. Total consumer credit increased $18.6 billion, an annual growth rate of 5.3 percent. This was the third consecutive month of better than five percent growth. But economists had...
    More from: Charles Gasparino BlackRock’s ‘No. 1’ goal in woke investing: Huge ESG-funds haul ‘Meme’ mob behind Gamestop frenzy might still imperil soaring AMC How Stank steered AT&T into multibillion-dollar sinking disaster $40 billion Robinhood app tries to vault SEC hurdles Slow Joe Biden puts SEC in turmoil with fed agency chairs unfilled Part of the way the Democrats...
    Nearly two per cent of the 1,000 highest grossing apps on Apple's App Store are scams, new analysis has found. The offending apps have conned customers out of an estimated $48 million (£34 million), according to market research firm Appfigures, and Apple profits from them because it takes up to 30 per cent commission on App Store transactions.  Last month...
    Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021.David Paul Morris | Bloomberg | Getty Images Instead of jumping to a conclusion about the post-Covid consumer, revert back to one that psychology studies educated us on long before the pandemic. Individuals don't change habits easily, and what they may stand to...
    New York (CNN Business)People are paying higher prices for everything from diapers to gas. One discount chain says that's great for its business.Five Below (FIVE), the toy, game, room decoration and tech accessory store that sells most of its stuff for -- as its name suggests -- under $5, expects budget-conscious consumers will increasingly turn to discount stores as prices...
    Ice cream maker Tillamook said in a recent blog post that a sharp rise in the price of berries and other ingredients left it no choice: It would "reduce the carton size from 56oz to 48oz and keep the price the same" rather than shock shoppers with a sharp price hike.  Welcome to the post-pandemic grocery aisle, where consumers are...
    SACRAMENTO (CBS SF) — The California State Senate passed a bill Thursday that reforms the state’s regulations on recycling bottles, holding beverage distributors responsible for upping the number of containers being recycled. The bill, SB 38, undoes the protocols instituted by the state’s “Bottle Bill” and transitions California to a stewardship system molded by the beverage industry under the oversight...
    What are the origins of Pride Month? And who should we thank for the LGBTQ celebration? Florida childrens home pauses emergency shelter program after youths are charged with attempted murder of deputies More than 50 years after the birth of the modern gay rights movement, LGBTQ+ Americans still face struggles in gaining acceptance. And for many, those struggles spill...
    Thomas Trutschel | Photothek | Getty Images Inflation is here and higher interest rates may follow — much to the delight of savers who've endured rock-bottom returns on cash and other safe investments since the Great Recession. But inflation is a double-edged sword. Higher prices that consumers pay for goods and services may completely gobble up their extra savings. "It's...
    After statewide power outages in February that lasted weeks in some areas, leaving millions of Texans in the cold and dark without water, the state Legislature was tasked with reforming the state’s electric grid. Unlike 47 other states that operate on either the East or West Coast electric grids, Texas operates on its own grid. It is managed by the...
    Attendees walk past a Facebook logo during Facebook's F8 developers conference in San Jose, California, April 30, 2019.Stephen Lam | Reuters Facebook on Wednesday announced a number of new developer tools, including several messaging features for businesses, at its virtual F8 software developer conference.  The event marked Facebook's first software developer conference since 2019, as the Covid pandemic forced the...
    VIDEO3:3003:30JBS: Majority of North American plants will be operational Wednesday after cyberattackSquawk Box Cybersecurity is a topic that often fails to get the attention of the public until a headline hits about a company that has their personal information, including credit card and Social Security numbers, being the victim of a hack. But over the past month, a different threat...
    In this article AAPLTim Cook on stage at Apple's September 10, 2019 event.Source: AppleApple said Wednesday that its App Store facilitated an estimated $643 billion in billings and sales during 2020, according to a new study commissioned by the company. The figure marks a 24% increase from last year, as the Covid-19 pandemic pushed many consumers toward their phones and...
    Drew Angerer/Getty Anheuser-Busch is pledging to give away free booze to vaccinated US adults if the nation can reach the goal of 70% vaccinated by July 4th set by President Joe Biden in early May. That’s right — the country is ready for a massive party to celebrate the demise of Covid-19 and Anheuser-Busch is willing to provide the booze...
    London (CNN Business)Price are rising quickly across huge swaths of the developed world, with inflation in countries that belong to the Organization for Economic Cooperation and Development surging in April to the highest rate since 2008.Energy price hikes boosted average annual inflation across OECD countries to 3.3% in April, compared with 2.4% in March, the Paris-based organization said Wednesday. That's...