T-Mobile to offer $15 phone plan, free 5G service, other freebies to remove hurdle on Sprint merger deal

T-Mobile (NASDAQ: TMUS) announced three big plans that are beneficial to consumers if its merger with Sprint Corporation (NYSE: S) closes as expected next year. The $26 billion T-Mobile-Sprint merger already obtained approval from the U.S. Federal Communications Commission (FCC) and Department of Justice (DOJ). However, it is still facing a legal challenge from a coalition of state attorneys general, who believe that the deal will reduce competition and is harmful to consumers. On Thursday, T-Mobile used its Un-carrier event to make a compelling case about the merger by unveiling…

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Apple pledges $2.5 billion to help California resolve the housing shortage

Apple CEO Tim Cook discusses company's land in San Jose for affordable housing

Apple Inc (NASDAQ: AAPL) announced that it is committing $2.5 billion to help California resolve the housing shortage, which is impacting Californians in many ways. Californians are struggling to find affordable housing. As a result, some are forced to make the difficult decision to leave and move to another state where it is cheaper to rent or buy a home. Others end up living in their vehicles or worse in shelters. On Monday, Apple noted that “nearly 30,000 people left San Francisco between April and June this year and the…

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Taco Bell recalls 2.3 million pounds of seasoned beef possibly contaminated with metal shavings

Taco Bell--tacos

Taco Bell immediately recalled around 2.3 million pounds of seasoned beef from its restaurants and distribution centers after a customer complained of finding a metal shaving in an order. The company’s supplier Kenosha Beef International also issued a voluntary call of its seasoned beef possibly contaminated with foreign matter specifically metal shaving. Kenosha produced the contaminated seasoned beef product at one plant and were sent Taco Bell’s distribution centers in Michigan, New Jersey, New York, Ohio and Virgiania. Taco Bell and Kenosha reported the recall to the U.S. Department of…

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Refunds: FTC sending checks to consumers defrauded by LifeLock, Pro Timeshare Resales

The Federal Trade Commission (FTC) is sending refunds to customers deceived by LifeLock and to those defrauded by Pro Timeshare Resales, LLC. According to the FTC, the total amount of the consumer refunds is $33.7 million including $31 million from LifeLock and $2.7 million from Pro Time Share Resales. The refunds were part of the consumer watchdog’s settlement agreements with both companies. LifeLock consumers will receive checks with an average amount $29 In 2015, LifeLock agreed to pay $100 million to settle the FTC’s lawsuit alleging that the identity theft…

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AB 1313: This new California law eliminates schools’ counterproductive debt collection practices

California State Seal

One of the problems confronting young Americans is their outstanding student loan debt, which oftentimes serves as a hindrance to their success. At present, More than 44 million Americans have outstanding student loan debt totaling over $1.5 trillion. Therefore, the United States has a student debt crisis. California Governor Gavin Newson recently signed into law legislation that would help alleviate the crisis by ensuring students can pursue educational and career opportunities. The state’s newly-approved law, AB 1313, the Educational Debt Collection Practices Act, prohibits private and public postsecondary schools’ existing…

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Using e-cigarettes or vaping is bad for your health, period

Millions of people worldwide are now using e-cigarettes or vaping, which are marketed as an alternative way to quit or reduce smoking tobacco—the leading cause of lung cancer, tuberculosis, and other chronic respiratory illnesses and even death. E-cigarettes are also called e-cigs, e-hookahs, electronic nicotine delivery systems, vape pens, vapes and tanks systems. These are battery-powered devices containing liquid nicotine, tetrahydrocannabinol (THC) and other chemicals and flavorings that are converted into aerosol, which users inhale into their lungs. Take note that e-cigarettes contain nicotine, the highly addictive chemical found in…

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AdvoCare to pay $150 million for allegedly operating a pyramid scheme

AdvoCare Products

Is AdvoCare International operating a pyramid scheme? The Federal Trade Commission (FTC) said so in its lawsuit against the company, its former CEO Connolly, top promoters Danny and Diane McDaniel and distributors Carlton and Lisa Hardman. AdvoCare is selling weight-management and sports performance products using a multi-level marketing strategy. The company is based in Plano, Texas. Details of the settlement agreement between AdvoCare and FTC On Wednesday, the FTC announced the AdvoCare together with the other defendants agreed to settle its allegations against them and agreed to pay a monetary…

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REFUND: FTC sending checks to victims of student loan debt relief scam

The Federal Trade Commission (FTC) is sending more than $5.4 million in refunds to thousands of consumers who were victims of student loan debt relief scam. The refunds were part of a 2018 settlement agreement between the FTC and five student debt relief scam operators who bilked millions of dollars from consumers. These scammers, who operated their schemes using multiple names (see list below), falsely claimed that consumers who paid an upfront fee of up to $1,000 were qualified or approved for loan forgiveness or reduced monthly payments.  In fact,…

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