Page 3 - Consumer Backlash News Today

more on the race straight ahead live. newt gingrich is starting his day in iowa meeting with moms at a coffee shop. newt gingrich has seen his support among likely caucus goers plunge. part of the reason is negative ads targeting him. analysis finds almost half of all the political ads in iowa have been attack ads against gingrich. crowds defy danger and took to the streets in syria today. opposition groups call the rallies the crawl to freedom square. they urge demonstrators to de...

much more from and about the hawkeye caucuses later this hour. sears holdings is out with a partial list of the sears and k-mart stores it plans to close. earlier this week sears said it would close between 100 and 120 stores as a result of poor holiday sales. the firm has released a list of 79 that will be closed nationwide. sears said in a statement that it could not say how many jobs will be cut or when the stores will be closed. sears holdings has more than 4,000 stores in the u....

stage of voting last month after voting for the lower house, egyptians will elect an upper house. unconfirmed reports from syrian activists say at least 36 civilians and 7 members of the security forces were killed in fighting on tuesday. the u.s. state department is calling on russia and other countries on the u.n. security council to speak out against the lethal crackdown in syria. a blistering attack by one iraqi politician against another. in an interview with cnn, deputy prime...

Cards. what is the lesson, hide the fees better? you will recall they dropped the plan debit card fee this month amid consumer backlash following the load of the other lenders such as j.p. morgan and will withs fargo. the c.e.o. said today that bank of america will work to minimize what it charges customs but he thinks retail banking may never be as profitable for lenders as it used to be. 26 minutes after the hour, and the bottom of the hour means the top of the news and in lower manhattan we w...

Fee for debit card purchases. >> at $5 a month do you use -- 23% of the u.s. market in debit cards. chase, which has about 15%. theyre not following suit. its like the issue with airfare hikes. right? if everyone follows suit, its good for the companies. if not everyone, theres tension. well see what bank of america does. i will tell you the banks on board, bank of america has the debit fee, so does sun trust and regions. on the other side, citigroup, u.s. bank or pnc and key corp. decided not t...

Jane: happening now in the top box, a toyota executive says its too soon to put a number on the ultimate cost of its massive recall. he says a consumer backlash from the gas pedal problems is really to be expected. in the middle box, treasury secretary kim geithner saying the economy in this country is stronger than it was a year ago, but he says the government still needs to stimulate job growth. in the bottom, these movies are leading the oscar nominations with nine apiece. jon: a bipartisan g...

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In this economy that didnt fly well for a company with revenue of 15 billion dollars in the most recent quarter and the consumer backlash blew up on twitter blogs and petitions all over the web. unlike bank customers, they have a choice to walk away if they dont like the fees. verizon customers have limited options because theyre locked into multi-year contracts and they were none too happy being told it would cost money to pay money to the company. what surprised many, however, how quickly veri...