Business
Monday, 24 September 2012 16:02

Discover Announces $200 Million Refund to Customers

Written by Joshua Cohan

Authors: Joshua Cohan

Discover Announces $200 Million Refund to CustomersABC News(NEW YORK) -- Discover Bank, the Federal Deposit Insurance Corporation (FDIC) and the Consumer Financial Protection Bureau (CFPB) announced Discover will make a $200 million consumer refund for "deceptive marketing" to more than 3.5 million credit card customers.
The agencies conducted a year-long investigation into...

Monday, 24 September 2012 15:37

Secretary Clinton Subtly Weighs in on Tax Debate

Written by Joshua Cohan

Authors: Joshua Cohan

Secretary Clinton Subtly Weighs in on Tax DebateState Dept(DENVER) -- Secretary of State Hillary Clinton appeared to subtly weigh in on the current tax debate in American politics, something she normally refrains from doing in her job as America’s top diplomat.
Clinton made her comments in a keynote address at her husband’s Global Initiative conference. She spoke...

Monday, 24 September 2012 10:42

iPhone 5 Hits 5M in Sales in Opening Weekend

Written by Joshua Cohan

Authors: Joshua Cohan

iPhone 5 Hits 5M in Sales in Opening WeekendApple(LOS ANGELES) -- Apple announced this morning that 5 million of its iPhone 5s were sold in the first weekend, setting a record for opening-weekend iPhone sales.

The phone, which has a larger 4-inch screen, faster processor and LTE data transmission, went on sale online Sept. 12 and in stores at 8 a.m. local time Friday. In...

Monday, 24 September 2012 07:34

Foxconn Closes Factory After Massive Brawl

Written by Jeanette Torres

Authors: Jeanette Torres

Foxconn Closes Factory After Massive BrawlKarson Yiu/ABC News(BEIJING) -- Foxconn Technology Group, owned by Hon Hai Precision Industry Co., suspended production at one of its largest factories in northern China on Monday following a violent incident involving 2,000 workers.
Foxconn, a major supplier of electronic components to large U.S. companies including Apple...

Authors: Jeanette Torres

Cut Down on College Costs by Applying for Scholarships EarlyJupiterImages/Comstock Images(NEW YORK) -- The cost of college can be extremely expensive, but there are many scholarships and grants that can lower the price by thousands of dollars.
So what's the quickest way to start your search for them?  Go online.
"If you want to get scholarships the key is to cast a very, very...

Authors: Kelly Knaub

Bank of America's Cost-Cutting Plans a Reflection of Banking Industry's WoesJin Lee/Bloomberg via Getty Images(NEW YORK) -- It may not be a happy holiday holiday season for thousands of Bank of America employees. The bank could be cutting 16,000 jobs by the end of December, accelerating the 30,000 layoffs it had previously said would take a "few years."
The Wall Street Journal reported a document...

Sunday, 23 September 2012 11:08

Is Your Dog Just Lying Around? Tagg Tells You

Written by Kelly Knaub

Authors: Kelly Knaub

Is Your Dog Just Lying Around? Tagg Tells YouJanie Airey/Lifesize/Thinkstock(NEW YORK) -- Humans have the new FitBit Zip to track their fitness activity. Dogs now have the Tagg. Okay, well maybe humans now have the Tagg to track their dog’s fitness activity.
Last year Snaptracs released the $99.95 Tagg, a GPS-tracking enabled clip-on for a collar that would alert...

Authors: Christine Hsu

Chick-fil-A CEO Denies Giving Concessions to Open Chicago RestaurantHemera/Thinkstock(NEW YORK) -- Chick fil-A has “made no … concessions” regarding its support of groups that oppose gay marriage, company CEO Dan Cathy said in a statement that was posted online by Mike Huckabee, denying a statement by a Chicago alderman that the company said it would reevaluate its policies...

Authors: Christine Hsu

eBay Begins Removing Alcohol Listings After “20/20” Report on Teen BuyeriStockphotos/Thinkstock(NEW YORK) -- The online marketplace eBay has said it will begin removing listings for beer and liquor from its site after a teen working with 20/20 successfully ordered vodka from two eBay vendors. The vendors advertised their products as "collectible."
While eBay prohibits the sale of all alcohol with...

Authors: Christine Hsu

SC Lawyer Indicted for Extorting $1M from Clients in Fake CasesLawyer.com(NEW YORK) -- Richard J. Breibart, an attorney in Lexington, S.C., for 33 years, specialized in litigating high-profile criminal and civil cases. A once prominent member of the community, he was known for throwing lavish Christmas parties for hundreds of people, according to The State newspaper.
But now, Breibart...

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