proposal

FCC Takes Aim at Scammers Who 'Cram' Phone Bills

Earlier this week, the FCC proposed new rules designed to crack down on "phone cramming," a widespread, illegal practice that robs billions of dollars from phone users. And with 300 million third-party charges hidden in phone bills every year, odds are, you've been a victim.

Decoding the GOP Argument Against Punishing Banks

Almost as soon as regulators proposed a settlement for the mortgage mess that would require banks to obey the law, the banks' Republican allies began trying to weaken it through obfuscation and confusion. Read on for some plain English translations of their arguments against the settlement.

Obama's Mortgage Reforms: Higher Standards -- and Costs

The administration's proposed revamp of Fannie Mae and Freddie Mac is actually an offering of multiple policy options, essentially passing the political hot potato to the Republicans. Problem is, any fix is sure to make mortgages costlier, with potential harm to the housing market.

Sara Lee Shares Soar on Reports it Spurned KKR Offer

Food giant Sara Lee saw its shares surge over 18% in premarket trading Monday after the New York Post reported the company turned down a $12 billion buyout offer from private-equity company KKR & Co.), citing unnamed sources.

Should the U.S. Tax Firms for Shipping Jobs Overseas?

Intel co-founder Andy Grove has an interesting proposal to induce U.S. firms to rebuild the nation's manufacturing base and boost our employment: Tax companies for every job they offshore, and reinvest the funds in companies that create jobs here.