WASHINGTON — The Consumer Financial Protection Bureau on Thursday began taking complaints about bank checking and savings accounts as it continues to expand its operations. “Deposit accounts play a critical role in the lives of most Americans, but these products and the laws governing them are complicated,” said the bureau’s director, Richard Cordray. “Consumers need […]
March 2012
Posted inNation & World
Chicken Ranch brothel madam dies
HOUSTON – The last madam of the infamous Texas brothel that inspired the movie and Broadway show “The Best Little Whorehouse in Texas” has died in Phoenix. She was 84. Edna Milton Chadwell’s nephew, Robert Kleffman, said Wednesday his aunt, the last owner of the Chicken Ranch brothel in La Grange, Texas, died Feb. 25. […]
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Posted inBusiness
Shoppers boost retail sales
February’s rise in retail sales figures follows a more modest increase in sales during January.
Posted inBusiness
Bernanke says joblessness could affect job skills
WASHINGTON – Federal Reserve Chairman Ben Bernanke reiterated his concern Thursday that chronic long-term unemployment threatens to reduce the nation’s supply of skilled workers. In a second day of congressional testimony, Bernanke noted that the economic recovery has been slower than normal. But he said he doubts that the Great Recession permanently reduced the economy’s […]
Posted inBusiness
AT&T backs off intentional slowdown for ‘unlimited data’
The company’s reversal comes less than a week after an iPhone user won a lawsuit against them for the practice, known as “throttling”.
Posted inBusiness
Apple, Google top Fortune’s list of the most admired firms
Technology companies take the top three spots on the 50 Most Admired list, as Amazon.com is third.
Posted inBusiness
Treasurys sink on more positive economic data
U.S. Treasurys lost favor Thursday as encouraging economic signs dampened hopes that the Federal Reserve will buy bonds to help spur growth. The number of people seeking unemployment benefits fell slightly last week to the lowest point in four years, the latest signal that the job market is strengthening. Surveys of manufacturing executives in China, […]
Posted inBusiness
Mattel appeals $310 million award in battle over Bratz doll
Mattel and MGA Entertainment have fought for eight years over whether or not MGA stole the idea for the hugely popular Bratz dolls from Mattel.
Posted inSports
Krejci’s hat trick lifts Bruins over Devils
The win gives Boston its first sweep of New Jersey since 1985-86.
Posted inNews
Bill Nemitz: Give a medal and people a chance
This week, the Congressional Medal of Honor Foundation released its list of 20 finalists for its “Citizen Service Before Self” awards. Mark Swann, of Portland, is one of those finalists.