Consumer News

Natalie DeCoste

Amazon Faces Price-Fixing Lawsuit

Amazon is facing a new lawsuit over price-fixing through a deal between the retail giant and book publishers.   The lawsuit was filed in New York

Toyota to Pay Record $180 Million Fine

Toyota Motor will pay a massive $180 million fine to settle a U.S. Justice Department complaint that the carmaker violated reporting requirements of the Environmental Protection Agency’s

Labor Department Takes a Double Hit

It has been a tough week for the Labor Department as it reported rising jobless claims and the Labor Secretary, Eugene Scalia, addressed the impact

Walmart to Launch Fintech Startup

Walmart announced its intention to create a fintech start-up in partnership with Ribbit Capital, one of the venture capital firms behind popular investment app Robinhood. The

FuboTV to Break into Sports Gambling

FuboTV announced it will acquire sports betting and interactive gaming company Vigtory, making it the latest sports-oriented media company to invest in sports gambling to attract and

American Express is Under Federal Investigation

American Express is facing a federal probe into the company’s business-card sales practices.   Reports claim that the government is investigating whether American Express used

New Upgrades Coming for Wi-Fi

Wi-Fi will get its most significant upgrade in decades in 2021 as more devices will come with support for Wi-Fi 6E. In April of 2020, the

Jobless Claims Steady Amid New Pandemic Aid

New applications for unemployment almost held steady the week of New Years. The initial weekly claims for jobless benefits fell by 3,000 to 787,000 after the prior

Apple’s Antitrust Concerns

Apple announced the first annual meeting of shareholders in 2021 and published its proxy statement, which confirmed its concerns over antitrust actions. A company’s proxy statement is

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