Skechers U.S.A. Inc. agreed to pay $45 million to resolve U.S. and state allegations it deceived customers into believing its Shape-ups athletic shoes will help them lose weight and strengthen their buttocks and legs.
U.S. regulators, facing resistance from companies including Nestle SA, the world’s biggest food company, and Kellogg Co., scaled back proposed guidelines that may have limited advertising to children for food with added sugars, salt and saturated fat.
U.S. lawmakers, considering legislation aimed at protecting consumers’ online privacy, said the market for smartphone applications needs to be regulated to prevent the inappropriate sharing of user data.
The U.S. Federal Trade Commission ended its investigation of Google Inc. ’s collection of data over unsecured wireless networks after the company said it will improve privacy safeguards in its Street View mapping project.
The Federal Trade Commission’s $2.5 million settlement with Asset Acceptance Capital Corp. is intended to signal it will move against abusive practices in the debt collection industry, agency officials said.
Sony Corp. , maker of the PlayStation 3 video-game console, defended its decision to wait six days to warn customers about an attack on its online entertainment networks last month that exposed their personal information.