The
federal government's new consumer finance watchdog wants to keep a
closer eye on the nation's biggest debt collectors and credit reporting
companies. New proposed regulations would give the Consumer Financial
Protection Bureau the oversight powers. Debt collectors generate the
most non-fraud consumer complaints that are reported to the Federal
Trade Commission. Source Link
A
proposed nationwide wireless Internet service will not receive
government approval because the service could interfere with GPS
signals. Regulators say there’s no way to ensure that the LightSquared
network would not jam GPS units. The company says it’s the fault of GPS
makers whose poorly-designed equipment isn’t tuned properly to prevent
the overlap. Source Link
Would
Americans eat less if restaurants offered to “downsize” their portions
when ordering? A new study found that up to one-third of diners accepted
a server’s offer of a smaller portion size for a discounted price.
Putting less on the plate to begin with could be a better approach to
cutting calories because most people finish everything they are served
regardless of the portion size. Source Link
