February 23, 2012

New consumer financial watchdog agency gains power after Obama appoints … – Washington Post


USA TODAY
New consumer financial watchdog agency gains power after Obama appoints
Washington Post
WASHINGTON — With its first chief now in place, the new Consumer Financial Protection Bureau will start enforcing rules aimed at reining in abusive mortgage servicers, student lenders and payday-loan companies. It will be months, though,
Richard Cordray appointment 'turns lights on' at consumer bureauLos Angeles Times
Obama Appoints Cordray To Serve As Top Consumer WatchdogABC News (blog)
Obama bypasses Senate, installs new consumer chiefUSA TODAY
BusinessWeek
all 1,606 news articles »

consumers – Google News

Doctors Aren’t Fans Of Instant Soup After Treating Patients Burned By Those Products

Cup of noodles? More like cup of pain, say doctors who treat many patients with burns related to incidents involving those Styrofoam cups full of hot microwaved liquid. The very design of those cups is dangerous, says a new report.

National Public Radio’s Planet Money blog spoke to Dr. Warren Garner, director of University of Southern California’s County Hospital’s burn unit, who says he refuses to even have instant soup in his home, after seeing so many children burned by those products. Kids like to grab things, which spells a trip to the emergency room if soup is involved.

“It pulls down on top of them,” Garner says. “The hot liquid then burns their chest, arms, torso, sometimes their privates, occasionally their legs.” He says there’s no other injury that he sees as regularly that can be so directly attributed to a product’s design, and calls these soups “uniquely troublesome.”

NPR did some research into the matter, finding that many burn units across the country experience this same phenomenon. Noodle soup is one of the worst offenders, says a 2007 study, as the noodles cling to the skin once the soup is spilled.

However, there are certain brands that are more likely to cause harm, says NPR, as some are designed in a more tippable manner. Tall cups with a narrow bottom will spill three times more easily than short, wide containers.

Why Burn Doctors Hate Instant Soup [NPR]

The Consumerist

“Secret” Way To Keep Buying Paper Savings Bonds After 2012 Deadline

The Treasury announced last week that, in order to save money, they’re going to stop selling paper saving bonds after Jan 2012. Gone will be the days when a grandparent could walk down to the bank and sock away every year to make an ironclad investment for their grandchildren. But there is a bit of a “backdoor” way you can still buy them without having to go through their weird online “gift box.” It will also let you buy more bonds than the ,000 limit. What you do is use your tax refund to buy them through the IRS using form 8888.

The FinanceBuff has a detailed walkthrough that shows you exactly how to get your hands on the bonds using your tax refund, even after the Treasury stops making them available over the counter at your local bank or credit union. We also covered the process, as well as how to figure out their value, in a post back in Feb 2010.

Or you can just download IRS Form 8888 (PDF) and follow the instructions!

Backdoor to Paper Savings Bonds [The Finance Buff via @OnlyMoney]

RELATED
Buy Series I Bonds with Your Tax Refund

PREVIOUSLY
Treasury Announces The End Of Paper Savings Bonds

The Consumerist

If the Price is Right, Consumers Don’t Mind Online Ads After All – Forbes (blog)


Wired (blog)
If the Price is Right, Consumers Don't Mind Online Ads After All
Forbes (blog)
Consumer don't mind online ads, even in e-books, if they are transparent. That is, no surreptitious data gathering, data-sharing or uncomfortably close-to-home targeting. So far Amazon hasn't done that, it would appear, although such details are
Ad-supported Kindle top electronics seller on Amazon.comExaminer.com
The Ad Game: Amazon's Ad-supported Kindle Helps it Sell More E-readersPCWorld

all 15 news articles »

consumers – Google News

Japan consumer confidence falls after quake

Japan consumer confidence falls after quake
TOKYO – JAPANESE consumer confidence fell in March from the previous month to its lowest since June 2009 as a record earthquake, tsunami and a nuclear emergency cast a shadow over the economy. Analysts said the data bolstered the view that the March 11 disasters will force the world’s third largest economy to contract this quarter amid ongoing power shortages and production shutdowns across key …
Read more on Straits Times

New Revelations of Google, Apple Smartphone Data Snooping Show Need for Do Not Track Me Legislation, Consumer Watchdog …
SANTA MONICA, Calif., April 22, 2011 /PRNewswire-USNewswire/ — New details of how tech giants Google and Apple spy on users of their smartphones demonstrate the need for Do Not Track Me legislation that would cover mobile devices, Consumer Watchdog said today. A Wall Street Journal article today revealed that Apple’s iPhones and Google’s Android smartphones regularly transmit their locations …
Read more on redOrbit

FTC goes after ‘news sites’ that hawk acai berry diets – Los Angeles Times


Kansas City Star
FTC goes after 'news sites' that hawk acai berry diets
Los Angeles Times
The FTC said the defendants operate websites that seem like legitimate newsgathering sites but actually promote deceptive advertisements urging consumers to buy acai berry products. The sites use names and logos of major media outlets such as ABC,
FTC Targets False Ads for Acai SupplementsAbout.com: Health
Staten Islander among those charged in acai berry ad scamSILive.com
Acai Berry Weight-Loss Ads ExposedPhiladelphia Magazine (blog)
Empowered News -WalletPop -Chicago Sun-Times
all 357 news articles »

consumers – Google News

Consumers warned on e-mails after data attack – Boston Globe


CTV.ca
Consumers warned on e-mails after data attack
Boston Globe
Consumers should be wary of e-mails that appear to be from businesses — including such big names as LLBean Inc. and Best Buy Co. — affected by a widespread data breach at a Texas marketing firm, retailers and online security analysts said
Canadian consumers among victims of massive email security breachVancouver Sun
Data Breach Could Spell Trouble for ConsumersTucson Citizen
Latest theft of e-mail data undermines consumers' online trust in corporationsTampabay.com
New York Post -TopNews United States -CreditCards.com (blog)
all 1,914 news articles »

consumers – Google News

26,700 Consumers Energy customers statewide remain without power after winter storm; 1,500 in Saginaw, 870 in Midland …

26,700 Consumers Energy customers statewide remain without power after winter storm; 1,500 in Saginaw, 870 in Midland …
Throughout Saginaw County about 1,500 customers remained without power Wednesday due to outages caused by weather conditions, including “heavy snow, freezing rain, weight on top of power lines,” Consumers Energy Spokeswoman Mary Gust says.
Read more on The Saginaw News

Nintendo 3DS Tackles Augmented Reality
Consumers are eager to get their hands on Nintendo’s 3DS, and for good reason. The company’s new portable supports glasses free 3-D, creating a neat effect that makes virtual heroes leap off the screen.
Read more on Business Insider

New Facebook ‘Questions’ Feature Improves Fan Pages and Q-and-A
Facebook Questions is now available — Q-and-A at your fingertips — capable of becoming one of the most productive applications in the social network’s recent history. That may sound optimistic, but as the alternatives — for obtaining fast, useful answers — are often cumbersome, the practical applications for both consumers and business Fan Pages appear numerous.
Read more on ContributorNetwork via Yahoo! News

Delta Cribs recalled again after infant death – msnbc.com

Delta Cribs recalled again after infant death
msnbc.com
At the time of the first recall, the CPSC had notified consumers about the death of an eight-month-old girl who died under similar circumstances. A major problem appears to be purchasing cribs second hand. "Buying or accepting cribs second hand can be

and more »

consumers – Google News

Bank of Japan Readies ’Massive’ Liquidity After Earthquake

Bank of Japan Readies ’Massive’ Liquidity After Earthquake
The Bank of Japan may today inject more short-term cash into the banking system after the nation’s most powerful earthquake on record, while keeping its asset- purchase plans unchanged as officials gauge the longer-term effect on the world’s third-largest economy.
Read more on BusinessWeek

China rejects comparison with N. Africa uprisings
China on Monday rejected any comparison between itself and the Middle East and north African countries where popular uprisings toppled autocrats.
Read more on Boston Globe

Joe’s Jeans to Present at the 23rd Annual Roth OC Growth Conference
LOS ANGELES, CA–(Marketwire – March 14, 2011) – Joe’s Jeans Inc. (the “Company”) ( NASDAQ : JOEZ ) announced today that it will be presenting at the 23 rd Annual Roth OC Growth Conference to be held March 13-16, 2011 at the Ritz Carlton in Laguna Niguel, California. The Company’s presentation time is scheduled for Wednesday, March 16 th at 8:30 a.m. (Pacific). The Company’s Chief Financial …
Read more on Marketwire

The Fed’s Credit Report
Mike shows how nothing has changed, any “fixes” offered by government and Fed to ostensibly help the economy end up shifting debt and bubbles around to different places. Now it’s zero percent financing for auto loans, and student loans.
Read more on Business Insider

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