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Bank of America was fined $250 million this week by US federal regulators for allegedly harming customers by double-dipping on fees, withholding credit card rewards and opening fake accounts.
The Biden administration wants to crack down on short-term health insurance plans, which it says can leave patients saddled with hefty medical bills.
JD Power’s Initial Quality report, released last week, contained a huge surprise. The top-quality luxury brand wasn’t frequent winner Lexus, a brand famous for ranking at the top of such surveys. This time it was Alfa Romeo, an Italian car with a reputation for excitement – but not necessarily trouble-free ownership.
Reports of injured children have prompted the recall of 7.5 million Bay Shark bath toys, according to the US Consumer Product Safety Commission.
The recall impacts Gerber Good Start SoothePro Powdered Infant Formula and applies to products manufactured between January 2 and January 18 at the company's facility in Eau Claire, Wisconsin.