Federal Trade Commission

WASHINGTON | FDA warns of fake gov’t warning letters sent to consumers

WASHINGTON — U.S. health authorities are alerting consumers to a new scam involving fake government warning letters sent to people who tried to buy medicines online or over the phone. The Food and Drug Administration said Friday that the fake letters may be part of an extortion scam. However, authorities have not yet documented cases … Continue reading WASHINGTON | FDA warns of fake gov’t warning letters sent to consumers

Statement from NAR General Counsel Katie Johnson Regarding Innovation and Competition in Real Estate Brokerage

WASHINGTON/ April 11, 2018 (STLRealEstate.News) — Later this year, a 10-year old settlement and consent decree between the National Association of Realtors® and the U.S. Department of Justice mandating how listings are displayed by online brokerages will expire. Prior to that, on June 5, 2018, NAR will have the opportunity to demonstrate the breadth and … Continue reading Statement from NAR General Counsel Katie Johnson Regarding Innovation and Competition in Real Estate Brokerage

Missouri attorney general demands info from Facebook on data

JEFFERSON CITY, Mo/April 2, 2018 (AP)(STL.News) — Missouri Attorney General Josh Hawley demanded information from Facebook on Monday following allegations that the social media giant mishandled user data. The Republican Senate candidate said his office issued a civil investigative demand, which functions like a subpoena, seeking details on how Facebook collects, shares and protects user … Continue reading Missouri attorney general demands info from Facebook on data

Asian stocks mixed ahead of Fed meeting, Tokyo closed

SEOUL, South Korea /March 20, 2018 (AP)(STL.News) —  Asian shares were mixed on Wednesday as some markets erased earlier gains ahead of the Federal Reserve’s first meeting since the appointment of its new chair, Jerome Powell. KEEPING SCORE: Hong Kong’s Hang Seng index erased earlier gains to fall 0.1 percent to 31,516.84 after rising more … Continue reading Asian stocks mixed ahead of Fed meeting, Tokyo closed

Indexes inch up but Facebook keeps sinking; Oracle tumbles

NEW YORK /March 20, 2018 (AP)(STL.News) — U.S. stock indexes are edging higher Tuesday as energy companies climb with oil prices and banks move up along with interest rates. The market was recovering some of its losses from a day earlier. Other sectors including retailers and industrials are also bouncing back. Facebook is dropping again … Continue reading Indexes inch up but Facebook keeps sinking; Oracle tumbles

FTC Alleges Get-Rich-Quick Scheme Bilked Consumers with Deceptive Claims

Operators claimed consumers could earn big money using “secret codes” WASHINGTON/December 28, 2017 (STL.News) The Federal Trade Commission has charged the operators of a get-rich-quick scheme with deceiving consumers by falsely claiming they could earn big money working from home by using products marketed as “secret codes” that were actually generic software products. In a … Continue reading FTC Alleges Get-Rich-Quick Scheme Bilked Consumers with Deceptive Claims

Senate votes to kill privacy rules guarding your online info

NEW YORK/March 24, 2017 (AP)(STL.News) — The Senate voted to kill Obama-era online privacy regulations , a first step toward allowing internet providers such as Comcast, AT&T and Verizon to sell your browsing habits and other personal information as they expand their own online ad businesses. Those rules, not yet in effect, would have required … Continue reading Senate votes to kill privacy rules guarding your online info