Sen. Ron Wyden (D-Oregon) called on the Federal Trade Commission on Wednesday to investigate TransCanada and their Keystone XL pipeline project over allegations that the company was conspiring with other tar sands oil companies to manipulate oil prices in the United States.
In a letter to FTC Chairman More…
A new law went into effect Friday requiring all labels of fur garments sold in the U.S. to list every single animal species used to make the clothing item.
Labels must also specify species’ country of origin, the manufacturer and other information for consumers. The measure was introduced by More…
The unfolding foreclosure fraud crisis centers on mortgage servicers, companies that collect and organize mortgage payments on behalf of banks. (Many are actually subsidiaries of big financial-service companies, like J.P. Morgan Chase.) When a homeowner misses payments, the servicers are meant to carefully review their financial statements and to notify More…
The Federal Trade Commission has proposed tighter restrictions on enviro-friendly claims in advertising and on food packaging. The guidelines haven’t been updates since 1998, the Associated Press reports, so the current rules were written before the “go green” craze crept into the nation’s potato chips and produce.
According to More…
Today, the Federal Trade Commission announced new restrictions for for-profit companies that consolidate, reduce and eliminate debt on consumers’ behalf.
The advertisements challenged by the FTC featured the drink’s probiotic straw. In one ad, the straw jumped out of the drink
Did you ever wonder where all those subprime lenders who made big profits making predatory loans during the housing boom ended up? Think about it: What kind of resume would you have, given that you worked for a discredited company that went out of business after making high-rate, abusive loans More…
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