Recent Articles

    By Ira Teinowitz

    | 5:45 PM 10/28/2010
    Verizon Wireless agreed to pay $25 million to the Federal Communications Commission -- a record, according to the agency -- to settle complaints the phone giant was charging "mystery fees" to consumers' phone bills over the last several years. The fine is in addition to the $52.8 million Verizon...

    By Ira Teinowitz

    | 8:30 AM 10/28/2010
    It will soon become a bit easier to compare calorie, fat and probably sugar and salt information when grocery shopping. The food products and the grocery industry on Wednesday announced that some nutritional information displayed on the sides of packaging will soon be more prominently featured on...

    By Ira Teinowitz

    | 3:00 PM 10/27/2010
    After years of American drugmakers touting the benefits of U.S. drugs and warning about buying cheaper drugs from somewhere else, a major U.S. drugmaker is admitting that some of its drugs may not have been so good after all. In what was a revealing and embarrassing admission, GlaxoSmithKline...

    By Ira Teinowitz

    | 2:40 PM 10/20/2010
    Pity the poor Travelocity Roaming Gnome. It seems just like the character Rodney Dangerfield played, the gnome too can't get "no respect." Now the downtrodden gnome is facing a new challenge. He's being identified as the culprit in misleading Travelocity humorous ads suggesting that its "Top...

    By Ira Teinowitz

    | 9:59 AM 10/19/2010
    Eggs are heading back to store shelves from Hillandale Farms, one of two big Iowa egg producers who in August recalled more than 500 million eggs because of Salmonella contamination that sickened more than 1,600 people. The Food and Drug Administration on Monday night announced it had approved...

    By Ira Teinowitz

    | 2:25 PM 10/15/2010
    Recent reports have suggested that health-care reform would lead to McDonald's workers losing coverage, to rate increases, to insurance companies leaving the business and to millions of seniors having to switch Medicare Advantage plans. It looks increasingly like most of those reports are proving...

    By Ira Teinowitz

    | 5:45 PM 10/13/2010
    Tired of hearing a growing number of stories of cell phone bill shock, the government is finally about to step in. Federal Communications Commission Chairman Julius Genachowski told a forum today that the commission on Thursday will begin the process of forcing cell phone companies to let...

    By Ira Teinowitz

    | 10:00 PM 10/3/2010
    Verizon Wireless will refund $50 million to 15 million customers for unauthorized mystery cell phone data charges and the Federal Communications Commission is saying, "What took so long," and maybe, "That's not enough." As Verizon announced the refunds on Sunday night -- Verizon Wireless has 92...

    By Ira Teinowitz

    | 5:30 PM 9/30/2010
    The Postal Service may be in deep financial trouble, but it won't mean consumers will have to pay two-cents more for a stamp come January. The Postal Regulatory Commission today rejected the Postal Service's request for a 5.6% rate increase. The commission's action wasn't a complete surprise. The...

    By Ira Teinowitz

    | 4:00 PM 9/30/2010
    Members of a Congressional Committee today questioned whether some of the problems that resulted in several recalls of over-the-counter medicines at drug maker Johnson & Johnson were symptoms of a "too cozy" relationship between the company and the Food and Drug Administration. Meanwhile...