Category: Consumer Protection

The Downsides of Using ‘Buy Now, Pay Later’

The New York Times – Business:
Shoppers can quickly get approved for the services, but regulators are concerned that the loans lack important protections.
New York Times Sports Betting Investigation: Key Takeaways

The New York Times – Business:
The New York Times examined thousands of pages of documents and interviewed lobbyists, executives, lawmakers, regulators and others to understand how the sports-betting industry grew so big so fast.
D.C. Attorney General Files Second Complaint Against Commanders

The New York Times – Sports:
In a complaint filed Thursday, the Washington N.F.L. team was accused of misusing ticket revenue and failing to refund customers’ deposits.
Children’s Groups Want F.T.C. to Ban ‘Unfair’ Online Manipulation of Kids

The New York Times – Business:
Children’s privacy and health experts pressed regulators to prohibit video games and social networks from using attention-hacking techniques on youngsters.
U.S. Fines Airlines More Than $7 Million for Not Providing Refunds

The New York Times – Travel:
The Transportation Department penalties come after many travelers have expressed frustration about flight delays, cancellations and other problems.
What to Know About the Pine-Sol Recall

The New York Times – Business:
Clorox is voluntarily recalling tens of millions of bottles of scented Pine-Sol cleaning products that may be contaminated with bacteria.
Appeals Court Finds Consumer Bureau’s Funding Unconstitutional

The New York Times – Business:
The decision, expected to be appealed, could upend every regulation and enforcement action the bureau has issued.
Kroger and Albertsons Announce Plan to Merge in $25 Billion Deal

The New York Times – Business:
The deal, an effort to bulk up against deep-pocketed rivals Walmart and Amazon, is likely to invite serious antitrust scrutiny from regulators.
Elizabeth Warren Singles Out Wells Fargo for ‘Alarming Pattern’ of Zelle Fraud

The New York Times – Business:
Customers’ claims have risen sharply in recent years and exceed the rate reported by other large banks, the senator said in a letter to the bank’s leader.