Page 19 - Consumer Groups News Today

Now that the rain has stopped. we are told that the jacksons have a hotel near here. the drive from the compound would normally be 35, 40 minutes. l.a. traffic that can be a lot longer. we are told they have a hotel room nearby in preparation from when a verdict does come down. >> shepard: adam housley outside that courthouse. could soon be easier to make robo calls to cell phones. debating a bill to ease restrictions on auto dialing and prerecorded messages. consumer groups warn it could open p...

Money. its the on way for them to make money. a lot of consumer groups complain we dont know about this. but we do know about this. we just ignore it. we complain we have to pay $25 to check our bag. it holds everybody else up in line. if you do not want to fly, hop on a train, jump in your car. you have a choice. heather: the carry-on fee -- maybe its not such a bad thing. everybody is trying to shove that bag thats too big in the overhead because they dont want to pay for it. >> we were 15 min...

Impacts on both consumers and business. cnns maggie lake sat down with at&t ceo randall stephenson. maggie, lets get right into this. are customers going to end up paying more because of this merger? >> at&t says, no. but randi, i can tell you from the moment that it was announced consumer groups say, absolutely. they remain convinced that if you take two major players and combine them, that its going to end up costing consumers. especially since t-mobile is really known as a price maverick, som...

The financial services industry. according to independent research commissioned by mastercard, the total amount of brand and prepaid cards is expected to exceed $440 billion by 2017. that is four times the estimated value in 2009. promoter of cards, many celebrities, say they are to moting financial literacy. >> my card is saving people a lot of money and people are migrating from banks to use my services. >> consumer groups and some lawmakers con tepid the cards lack protections offered by trad...

Least. and mortgage lenders, wells fargo, recently suggested raising that to 30%. peter barnes of the fox business network spoke to a key regulator today who rejected that notion. chief fox report chief correspondent jonathan hunt has more on the mishap involving military families. first, peter, what did we learn today from the federal deposit insurance corporation chairman sheila baier? >> shep, that she wants the down payment and a mortgage to remain at the historic level 20%. as part of finan...

That happened to paul karason. >> i kind of hoped it would fade off. >> reporter: its easy to find these 12 products on the internet or in the stores. but heres something you should know. supplements do not need to prove they are safe and effective before they are sold. and congress has made it tough for the fda to pull them once theyre on the market. the industry points out, these supplements are not widely-used. these are fringe products, in your view? >> in my mind, they are an insubstantial ...

The tags emit radio signal scan the shelves to figure out which products are missing or running low. consumer groups warn the tags cant be turned off. they say that could allow marketers to drive by customers homes and scan their garbage to find out what they have purchased. well, if you had any doubts the picture was authentic, now we have the video proof it is indeed the real mccoy. you recall a few days ago. this picture emerged 40-foot whale jumping on to sailboat off the coast of africa. th...

Fox business networks rich edson has more on this the. the consumer protection agency is supposed to protect us from bad mortgages, things like that, but whos going to run it? >> reporter: well, consumer groups say the obvious pick is the one who came up with the idea of a new agency to govern payment plans across the economy, and thats the harvard professor, elizabeth warren. however, chris dodd says there might be some difficulty getting warren through the confirmation process in the senate. t...

It is a compilation of all the ideas that have been offered at our two previous workshops. >> it doesnt mention blogging. >> it does melgs blogging, but we had many at our workshops. we opened with ariana huffington. a lot of the people who have been thinking about that, academics, reporters, the whole idea of the ftc, in these workshops, we bring in all the stakeholders, all the people interested, all the consumer groups and try to work through issues. >> the report, the study, the document, ha...

>> ill be interested to hear what he has to say whether it is as strong. >> many are saying no. >> starting on sunday night getting e-mails saying this is not as tough as it should be if. if were going to do this, letsz make sure we do it right. theres not a stand alone agency for consumer protection. thats the reason the consumer groups are upset. senator chris dodd says this is the way to make sure the disaster we went through doesnt happen again. the fed will oversee consumer protection. the ...