Business
Bank of America Won’t Prove Disputed $4,000 Charges
B.T. Ballenger on March 5, 2013
A customer says he never signed up for a service with automatic recurring payments. The bank says he did, by phone, but refuses to offer evidence.
Groupon CEO Gets $378.36 Severance Package
B.T. Ballenger on March 4, 2013
A Groupon founder, kicked out the door last week, is getting what must be the smallest severance in Wall Street history. Don’t shed too many tears – he’s still worth millions.
Girls Gone Wild Has Gone Bankrupt
B.T. Ballenger on March 4, 2013
The move is to dodge millions in outstanding debts from lawsuits against the company and its founder.
Lawsuits: Budweiser Is Watered Down
B.T. Ballenger on March 1, 2013
People in three states are suing Anheuser-Busch, because apparently they’re not as drunk as they paid to be.
What the Best-Paid Wall Street CEOs Make And How Many People They Fire
B.T. Ballenger on March 1, 2013
The five-best paid CEOs have collectively laid off – or plan to lay off – over 60,000 people in the past two years and this one, while raking in $62 million in total compensation.
Legal Marijuana Faces a 75 Percent Tax Rate
B.T. Ballenger on February 28, 2013
Dispensaries can’t take the deductions other businesses do, so profits are going up in smoke for many.
Report: Seafood Fraud is Widespread
B.T. Ballenger on February 25, 2013
Up to a third of fish sold in the country may be mislabeled. It’s especially bad at sushi restaurants.
Beef Prices May Jump 10 Percent By Summer
B.T. Ballenger on February 18, 2013
Grilling burgers may be more expensive than usual this year, as the drought of 2012 gives new meaning to “cash cow.”
Why Facebook Gets a $429 Million Tax Refund
B.T. Ballenger on February 18, 2013
A new report suggests Facebook is getting special tax treatment. Actually, the company just screwed up.
Family Getting $63 Million for Medicine That Blinded Daughter
B.T. Ballenger on February 15, 2013
10 years ago, Children’s Motrin put her in the hospital for months and left her disabled. The family sued, saying there was no warning.
The Navy Has Its Own Starbucks
B.T. Ballenger on February 14, 2013
A coffee shop opened in the Pacific Ocean last week.
Heart Attack Grill Spokesman Dies of Heart Attack
B.T. Ballenger on February 15, 2013
He’s the second spokesman to die in as many years.
How Changes at the Post Office Can Cost You
Amanda Geronikos on February 13, 2013
Ending Saturday mail delivery isn’t the only recent change for the post office. Read on for more modifications and what they could mean for you.
Will Basketball Stars Soon Be Walking Ads?
B.T. Ballenger on February 12, 2013
The people who run the NBA think they can make $100 million a year off ads on jerseys.
American Express Users Get Discounts on Twitter
B.T. Ballenger on February 12, 2013
Got an Amex card and a Twitter account? You can get exclusive deals, like a $25 gift card for $15.
AOL Still Makes $500 Million a Year on Dial-Up Internet
B.T. Ballenger on February 8, 2013
Despite more than a decade of faster and sometimes free alternatives, dial-up still makes a lot of money.
American and US Airways Merger Looks Like Done Deal
B.T. Ballenger on February 7, 2013
While some things are still being worked out and court approval is necessary, the merger looks increasingly likely.
British Bank Fined for Manipulating Interest Rates
B.T. Ballenger on February 7, 2013
This is the third bank to pay big for its alleged role in the LIBOR scandal: $612 million. With embarrassing messages like this, you can see why.
What Happens When You Dispute a Credit Card Charge
B.T. Ballenger on February 4, 2013
Ever wondered how your lender and the company handle it? Here’s how it works.
Will McDonald’s Kill the $1 McDouble?
B.T. Ballenger on February 1, 2013
Costs may push the chain to raise prices on of the most-popular dollar menu items. Many franchisees already have.
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