Consumers Union News
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It’s time to let television viewers buy individual channels rather than being required to pay for bundles of programming, and to end blackouts of sports events in publicly financed stadiums, U.S. Senator John McCain said.
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Vonage Holdings Corp. today won the right to directly access telephone numbers for assignment to its customers, as U.S. regulators study allowing other voice-over- Internet companies to also bypass middlemen who supply numbers.
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The new U.S. consumer agency, which has yet to begin formal operations or write a rule, is already being squeezed between banks and advocacy groups over how to set up a complaint hotline.
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Debt-settlement companies that offer to negotiate with creditors on behalf of consumers are switching tactics to skirt rules banning up-front fees by working with lawyers and charging retainers.
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Japanese car brands, led by Toyota Motor Corp.’s Lexus, took the top seven spots in Consumer Reports magazine’s annual quality rankings, as the top U.S. brand placed 14th out of 26 in the ratings.
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Bank of America Corp. should refrain from charging depositors more fees, Consumers Union said today.
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AMR Corp.’s American Airlines and US Airways Group Inc. should give up flights at Washington’s Reagan National Airport before U.S. regulators approve the carriers’ merger, a JetBlue Airways Corp. executive said.
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Deutsche Boerse AG will likely face an in-depth review by European Union antitrust regulators of its $9.53 billion bid for NYSE Euronext , a deal that would create the largest owner of equities and derivatives markets, lawyers said.
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The biggest U.S. food-safety overhaul in more than 70 years won passage in the House of Representatives, clearing the way for President Barack Obama to sign the measure into law.
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AT&T Inc. and Sprint Nextel Corp. are ramping up marketing for new smartphones with speedy LTE service. The hitch: Most of their customers don’t live anywhere near an LTE network.
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