Highlights
A collection of news and information related to Consumers published by Tribune Company sources.
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AP answers your questions on the news, from bottom-up bailouts to tampering with gas pumps
If troubled automakers and banks need government bailouts, why not give their customers federally financed vouchers to help cover car and mortgage payments — so both consumers and companies could benefit from the money? Curiosity about bottom-up...Tags: Social Security, Moody's Corporation, Mortgages, Passenger Cars, Barack Obama
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Ask AP: Bottom-up bailouts, gas pump tampering
If troubled automakers and banks need government bailouts, why not give their customers federally financed vouchers to help cover car and mortgage payments -- so both consumers and companies could benefit from the money? Curiosity about bottom-up...Tags: Social Security, Moody's Corporation, Passenger Cars, Mortgages, Barack Obama
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As goes GM, so goes the Valley?
Of The Morning CallIf America's Big Three automakers go belly up, it would be a devastating blow to the Lehigh Valley economy. That was the message local car dealers, bankers and business and labor leaders gave Thursday to U.S. Sen. Arlen Specter and U.S. Rep. Charlie...Tags: Charlie Dent, Nazareth, Corporate Officers, Consumer Confidence, Vehicles
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FDIC's Bair says investors are fighting change BUSINESS
Of The Associated PressInvestors in mortgage securities who are challenging home loan modification programs aimed at avoiding foreclosures could provoke a ''backlash'' from Congress, the head of the FDIC said Thursday. Sheila Bair, the chairwoman of the Federal Deposit...Tags: Henry Paulson, Mortgages, Bank of America Corp., Countrywide Financial Corp., Freddie Mac
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Blumenthal Slams ISO's Executive Pay Packages
The state should hold hearings on the salaries and benefits of executives who run New England's electricity grid, Attorney General Richard Blumenthal said Thursday. Blumenthal has asked the Federal Energy Regulatory Commission for permission to hold...Tags: Standards, Corporate Officers, Wages and Pensions, Government, Regulatory Policy and Organizations
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Discounts may prove no bargain to retailers
Tribune reporterIn spite of the markdown mania that drew shoppers out on Black Friday, retail sales at major U.S. chain stores fell again in November, marking the worst month in four decades. What can retailers do? Keep the discounts coming—good news for cash-...Tags: Black Friday (shopping), Moody's Corporation, BMW, Passenger Cars, Corporate Officers
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Toy companies to pay $1.8 million to settle lead tainting lawsuit
Associated PressAssociated Press LOS ANGELES — Nine toy companies, including Mattel Inc. and Oak Brook-based RC2, agreed to pay a total of nearly $1.8 million to settle a lawsuit over Chinese-made toys tainted with lead, California state and local officials...Tags: Global Industries Limited, Baby Products, Games, and Toys, Toys, Toy Industry, Mattel Inc.
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Smithfield Foods 2Q profit drops on grain costs
AP Food Industry WriterPork producer Smithfield Foods Inc. on Thursday reported a 76 percent drop in its fiscal second-quarter earnings, as high feed costs linked to skyrocketing grain prices hurt its hog and Butterball turkey operations. But the nation's largest pork...Tags: Smithfield Foods, Smithfield, Turkey, Prices, Bankruptcy
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Long Island economy in recession, Moody's says
emi.endo@newsday.comOctober brought private-sector job losses, which helped prompt Moody's Economy.com to reclassify Long Island as being in recession, when a month ago it was still considered to be "at risk" of recession. Among indicators evaluating the health of the local...Tags: Business Trips, Moody's Corporation, Trips and Vacations, Consumer Confidence, Manhattan (New York City)
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CVS, Rite Aid in trouble with NY over expired products
CVS Caremark Corp. was sued by New York for selling expired products, the same day the state announced the settlement of similar claims against competitor Rite Aid Corp. for as much as $1.3 million. State officials accused CVS of selling items that had...Tags: Rite Aid Corporation, CVS Corporation, Sales
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Insurers group proposed centralized health care
Washington BureauWASHINGTON—Sharpening the emerging debate over how to reshape the country's health-care system, the major group representing insurers unveiled a proposal this week for covering all Americans in a more centralized insurance market. The plan...Tags: Government Health Care, Barack Obama, Edward M. Kennedy, Medical Specialization, Insurance
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Wave of jobs cuts across US economy signaling a deepening recession
AP Business WriterA round of more than 15,000 layoffs announced Thursday by AT&T Inc., DuPont and Viacom Inc. suggests a yearlong wave of job cuts is accelerating, just as the government is expected to report a higher unemployment rate for November on Friday. Swiss bank...Tags: Dupont E I Nemours & Company, Moody's Corporation, San Marcos, J.P. Morgan Chase & Co., Business
Dec 5, 2008
|Story| Associated Press
Dec 5, 2008
|Story| Associated Press
Dec 5, 2008
|Story| Allentown Morning Call
Dec 5, 2008
|Story| Allentown Morning Call
Dec 5, 2008
|Story| Hartford Courant
Dec 5, 2008
|Story| Chicago Tribune
Dec 5, 2008
|Story| Chicago Tribune
Dec 4, 2008
|Story| Associated Press
Dec 5, 2008
|Story| Newsday
Dec 5, 2008
|Story| Newsday
Dec 5, 2008
|Story| Chicago Tribune
Dec 4, 2008
|Story| Associated Press
