September 25, 2012 |
WASHINGTON — More than 3.5 million Discover credit card customers will share $200 million in refunds in the wake of a federal investigation that determined the bank tricked people into signing up for payment protection plans and other add-on services. The Consumer Financial Protection Bureau and Federal Deposit Insurance Corp. found that Discover Financial Services telemarketers often talked faster when explaining fees and terms as they pitched the services, leading customers to think there was no additional fee, the regulators said Monday.
August 24, 2012 |
WASHINGTON — The ads promised that if you used the Ab Circle Pro machine just three minutes a day, you'd lose weight fast. But the Federal Trade Commission said the only thing that would get substantially lighter was your wallet. In the largest FTC settlement ever concerning an exercise machine, the Ab Circle Pro marketers have agreed to settle deceptive-advertising allegations by refunding up to $25 million to people who bought the device, the agency said. The Ab Circle Pro , which cost as much as $250, was marketed largely via infomercials and pitched by fitness model Jennifer Nicole Lee. Ads featuring the machine were shown 10,000 times nationwide, according to the FTC. Marketers said three minutes on the device, which allowed users to swivel on a fiberglass disk, was the equivalent of 100 sit-ups and would cause them to shed 10 pounds in two weeks, the agency said.
August 14, 2012 |
SACRAMENTO — Major biotech companies and manufacturers of household food products, including Campbell Soup, General Mills and Coca-Cola, have pumped almost $12 million into the campaign to defeat Proposition 37, the November statewide ballot initiative to require labels for genetically engineered crops and processed food products. Most of the funds were raised in recent weeks. New contributions on file with the California Secretary of State's office show that members of the Coalition Against the Deceptive Food Labeling Scheme contributed $9.98 million since the close of the Jan. 1 to June 30 reporting period.
July 14, 2012 |
GLEN ALLEN, Va. - To Mitt Romney's assertion that President Obama should back off his criticism of Romney's work at a private equity firm, Obama on Saturday offered a blunt answer: Not likely. As the president campaigned across Virginia, he kept up the attacks on Romney's tenure at Bain Capital, accusing his Republican opponent of investing in companies that "pioneered" the practice of shipping jobs overseas. "I don't want a pioneer in outsourcing. I want some in-sourcing," Obama said as he stood, soaked, in a downpour at an outdoor rally in Glen Allen, a suburb of Richmond.
July 9, 2012 |
The Federal Trade Commission is accusing a company that sells prepaid calling cards of using deceptive advertisements, which would violate federal law. DR Phone Communications makes claims in its advertisements that misrepresent the number of calling minutes its cards actually provide, the FTC said in an announcement Monday. The agency said the company, which has sales in the billions each year, targets immigrants and misleads them, many of whom depend on the cards "to call friends and family in other countries.
June 21, 2012 |
The authority we invest in a photographic image and the veracity we assign to it aren't newly slippery issues, specific to the age of Photoshop. They are as old as photography itself -- a medium that emerged (going on 180 years ago) with simultaneous claims on both scientific accuracy and artistic license. Photography has always had a complicated relationship with truth, and different generations have probed the nature of that bond in different ways, with a range of tools and a variety of slants to their questions.
May 22, 2012 |
A federal administrative judge ruled that pomegranate juice maker Pom Wonderful used deceptive advertising when it implied its products could treat or prevent serious diseases and other medical conditions. Judge D. Michael Chappell upheld much of a 2010 Federal Trade Commission complaint against the Los Angeles company owned by Lynda and Stewart Resnick. The judge said in his decision issued Monday that Pom used "insufficient" evidence to back its claims that Pom products "treat, prevent or reduce the risk of heart disease, prostate cancer or erectile dysfunction.
March 24, 2012 |
Reporting from Denver -- Peyton Manning has his doctorate in deception, and that's one of his major strengths as a quarterback. Consider how he fooled virtually everyone in the sweepstakes for his services, how the outside world interpreted all the logical signs — but they weren't the right signs at all. He was a college star in Tennessee? His wife grew up in Memphis? The team just signed his buddy, Steve Hutchinson? Peyton's going to the Titans. Nope. San Francisco secretly scouted him?
March 21, 2012 |