May 17, 2012 |
Skechers has agreed to pay $40 million to consumers who purchased its rocker-bottom shoes under the mistaken belief that the shoes would help give them Kim Kardashian's booty or Joe Montana's stamina. So how do you get your piece of the payout if you purchased the shoes months, if not years ago, and don't have a receipt? No problem. This refund relies largely on the honor system. Anyone who purchased the company's line of Shape-Up shoes -- or its Resistance Runners, Tone-ups or Toners -- is entitled to a partial refund whether they have proof of purchase or not, officials said Thursday.
January 16, 2014 |
Imagine for a moment that all of the nation's fast-food establishments--all the striped awnings and golden arches, the drive-thru windows, the beckoning dollar deals and wafting odor of French fries--were to vanish overnight. Would the number of our kids who carry an unhealthful amount of extra weight plummet? The answer is very likely no, says a study published Thursday in the American Journal of Clinical Nutrition. Because if you shut off the supply of 24-ounce fountain drinks, bacon cheeseburgers, fried chicken and stuffed tacos, the children who frequently eat at fast-food restaurants will go home and do what they generally do when not eating at a fast-food restaurant: They'll snarf cookies and chips, chug sugar-sweetened soda from a bottle, and heat up frozen pizzas.
January 14, 2014 |
A federal appeals court swept aside government regulations designed to ensure equal access to the Internet, raising the prospects of higher fees for consumers and more barriers for start-ups seeking to compete online. The decision Tuesday could allow AT&T Inc., Verizon Communications Inc. and other Internet service providers to charge the likes of Netflix and YouTube more money to deliver movies and video to their customers. The ruling also throws into disarray the efforts of the Federal Communications Commission to limit telecom and cable firms from discriminating against certain Internet traffic by slowing speeds, impeding access or raising fees.
February 25, 2014 |
Consumer confidence retreated in February as fewer Americans expressed optimism about near-term economic conditions, the Conference Board reported Tuesday. The consumer confidence index fell to 78.1, down from 79.4 in January. The drop was primarily in its expectations index -- which measures consumers' expectations of economic activity in the next six months. The survey found that consumers had "concern over the short-term outlook for business conditions, jobs and earnings,” said Lynn Franco, director of economic indicators.
February 15, 2013 |
Consumer sentiment rebounded solidly early in February after a disappointing showing the previous two months, according to a survey released Friday. The monthly Thomson Reuters/University of Michigan consumer sentiment index rose to 76.3, up from 73.8 in January. Quiz: How much do you know about looming federal budget cuts? The readings in December and January were weighed down by Americans' concerns about the potential drag from the so-called fiscal cliff, which federal lawmakers averted with a last-minute deal.
February 1, 2013 |
Toyota, Ford and Honda ranked highest in a consumer survey of brand perception by Consumer Reports, and Tesla - the Palo Alto-based maker of electric cars - made the Top 10. The best brands list largely mirrors the survey from last year, in which the top six brands finished in the same order, according to the product-testing organization and consumer magazine, which released the results Friday. Scoring worst in the survey were Mitsubishi and Toyota's Scion brand - tying for last place - and Ram trucks, scoring third worst.