[ad_1] Executive Vice-President of the European Commission for a Europe fit for the Digital Age (Competition), Margrethe Vestager, holds a press conference on “Apple on App Store rules for music streaming providers” in Brussels, Belgium on April 30, 2021. (Photo by Dursun Aydemir/Anadolu Agency via Getty Images) Dursun Aydemir | …
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New CFPB rule caps banks’ credit card late fees at $8
[ad_1] Rohit Chopra, director of the CFPB, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress,” in Dirksen Building on Thursday, November 30, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The Consumer Financial Protection Bureau …
Read More »Here’s how to avoid unexpected fees with payment apps
[ad_1] Close up of a woman’s hand paying with her smartphone in a cafe, scan and pay a bill on a card machine making a quick and easy contactless payment. D3sign | Moment | Getty Images Payment apps have come under scrutiny by lawmakers and regulators as their usage skyrockets. …
Read More »Biden administration examining role of supply chain middlemen in generic drug shortages
[ad_1] A variety of generic pills and capsules. Nenov | Moment | Getty Images The Federal Trade Commission on Wednesday said it is examining the role that drug wholesalers and companies that purchase medicines for U.S. health-care providers play in shortages of generic drugs, which account for the majority of …
Read More »Workers are paying to get part of their paychecks early. It’s ‘payday lending on steroids,’ one expert says
[ad_1] Fotostorm | E+ | Getty Images Millions of American workers are paying for early access to their paychecks. In some cases, it can come with a steep price. So-called “earned wage access” programs, which operate either directly to the consumer or through employers, let workers tap a portion of …
Read More »Johnson & Johnson to settle talc baby powder investigation, will reportedly pay $700 million
[ad_1] In this photo illustration, a container of Johnson and Johnson baby powder is displayed on April 05, 2023 in San Anselmo, California. Justin Sullivan | Getty Images Johnson & Johnson has reached a tentative settlement to resolve an investigation by more than 40 states into claims the company misled …
Read More »Two U.S. senators call for Tesla recalls after Reuters investigation
[ad_1] Several Tesla electric vehicles are parked in front of a Tesla service center in the Kearny Mesa region, in San Diego, California, U.S., October 31, 2023. Abhirup Roy | Reuters Two U.S. senators have written to Elon Musk, Tesla‘s top executive, calling on him to “swiftly” recall any steering …
Read More »Tesla recalls 120,000 vehicles over potentially faulty doors that could open in a crash
[ad_1] Tesla is recalling more than 120,000 vehicles over doors that fail to comply with U.S. government regulations. In a letter posted on the National Highway Traffic Safety Administration’s website Thursday, Tesla acknowledged the affected doors can be unlocked during a crash, which could cause the door to unlatch and open, increasing …
Read More »SEC charges ex-CEO of medical device company with fraud, says some devices were ‘just a piece of plastic’
[ad_1] The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters Laura Tyler Perryman, co-founder and former CEO of the medical device startup Stimwave Technologies, was charged with allegedly defrauding investors out of $41 million by making “false …
Read More »Novo Nordisk sues two pharmacies for allegedly selling tainted Wegovy, Ozempic knockoffs
[ad_1] A 0.25 mg injection pen of Novo Nordisk’s weight loss drug Wegovy is shown in this photo in Oslo, Norway, on Aug. 31, 2023. Victoria Klesty | Reuters Novo Nordisk on Thursday said it sued two compounding pharmacies in Florida for allegedly selling impure and “potentially unsafe” drugs claiming …
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