Monday, August 31, 2015

Consumer News

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By Emma Thomasson BERLIN (Reuters) - Growing demand for more information about the products we buy could mean the end of the simple barcode - the blocks...
NEW YORK (AP) - The Food and Drug Administration issued warning letters to the makers of Winston, Natural Spirit and Nat Sherman cigarettes over their "additive-free" and "natural" label claims.
The Street: The newest advances in the field include such things as Bluetooth bras that detect early signs of breast cancer, hairclips and jewelry designed to help you measure UV exposure and possibly avoid skin cancer and smart socks aimed at improving running performance and providing real time feedback, thus minimizing injuries.
The Street: "We tried to look at it from both the parents' point of view -- 'I want my kid in something safe and economical' -- and the kids' point of view: 'I want something that's fun to drive and has the right features,'" says Jack Nerad, executive editorial director of KBB.
By Luc Cohen NEW YORK(Reuters) - Millennial consumers are driving a shift in coffee consumption away from traditional economy brands and toward pricier...
PITTSBURGH (AP) - A Pennsylvania judge reversed the involuntary manslaughter conviction of a woman Wednesday after determining a faulty General Motors ignition switch contributed to her crashing into a school bus and utility pole, killing her teenage passenger.
NEW YORK (AP) - The maker of Sara Lee, Nature's Harvest and other brands is recalling about 48,000 packages of bread sold in 11 states because they may contain fragments of glass from a broken light bulb at a company factory.
NEW YORK (AP) - Wal-Mart is giving customers a head start on holiday shopping, launching its annual layaway program two weeks earlier than last year.
NEW YORK (AP) - Kraft Heinz Foods Co. is recalling more than 2 million pounds of turkey bacon products that may be unsafe because they could possibly spoil before the "Best When Used By" date.
Aug 26 (Reuters) - Ten of the world's biggest automakers were sued on Wednesday by consumers who claim they concealed the risks of carbon monoxide poisoning...
NEW YORK (AP) - The maker of eggless spread Just Mayo has gotten a warning from regulators: Mayonnaise needs eggs.
The Street: From fast-food companies to packaged food giants, the race to launch new super-spicy foods is heating up.
The Street: In 2012, the Financial Times published a piece on how luxury brands are hesitant to sell their fashionable goods on Amazon. Since then, however, more and more luxury - and ultra-expensive items - have been sold by the e-commerce giant.
Mike Cavanagh, one of the nation's top banking executives at JPMorgan Chase and now Comcast Corp.'s new chief financial officer, says the Philadelphia company's biggest "enemy" is complacency, hoping that consumer trends won't change and that Comcast remains the big cable company.
TORONTO (Reuters) - Hundreds of thousands of people signed up for infidelity website Ashley Madison in the last week, parent company Avid Life Media...
ATLANTIC CITY, N.J. (AP) - The manager of the company responsible for operating Atlantic City's boardwalk tram cars is blaming city officials for his financial woes.
How does this merger help power users? asks D.C.
SAN FRANCISCO (AP) - Google is introducing an application that will connect Android smartwatches with Apple's iPhone, escalating the rivals' battle to strap their technology on people's wrists.
ATLANTIC CITY, N.J. (AP) - Atlantic City's casinos say Gov. Chris Christie's delay in signing a financial assistance package could hurt the city's taxpayers.
The Pennsylvania Office of Attorney General accused three Southeastern Pennsylvania residents of fraudulently billing Medicaid a total of $26,558 for personal-care services.
GENEVA (AP) - Nestle says "forced labor has no place in our supply chain" following a U.S. class action lawsuit that alleges the Swiss food company knowingly supported a system of slave labor and human trafficking to make its Fancy Feast cat food.
A National Labor Relations Board ruling that modified the definition of an employer could hurt small businesses including franchises and subcontractors, according to industry groups that advocate for those companies.
DETROIT (AP) - Fiat Chrysler is recalling 206,668 Jeep Cherokee SUVs because the windshield wipers can stop working unexpectedly.
DETROIT (AP) - Fiat Chrysler is recalling 206,668 Jeep Cherokee SUVs because the windshield wipers can stop working unexpectedly.
The Street: The markets are rallying today after the "Black Monday" nightmare. But with so much uncertainty in the markets right now, investors are wondering where the market safe havens are to safeguard their money in light of the volatility.