Consumer News and Recalls

Us Judge Slaps $1.3B Fine on Bank of America

20 mins ago - A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie Mac that were advertised as safe investments.

Probe Exposes Flaws Behind HealthCare.gov Rollout

Posted: 10:32 AM - Officials tell The Associated Press that a nonpartisan investigative report concludes that management failures by the Obama administration set the stage for the computer problems that paralyzed the HealthCare.gov website last fall.

Chevron Overhaul Heads For Vote

Posted: 07/29/2014 - Chevron's five-year quest for approval of a $1 billion overhaul of its aging refinery in the San Francisco Bay Area city of Richmond is facing a decisive vote by city officials.

Aetna 2Q Profit Rises 2.4 Percent

Posted: 07/29/2014 - Aetna's second-quarter profit climbed more than 2 percent, as gains from an acquisition helped the health insurer top expectations and raise its 2014 earnings forecast again.

Southwest Air Facing $12 Million Fine

Posted: 07/28/2014 - The government is proposing a $12 million civil fine against Southwest Airlines for failing to comply in three separate cases with safety regulations related to repairs on Boeing 737 jetliners.

FedEx To Challenge Online Pharmacies Debate

Posted: 07/26/2014 - FedEx Corp., the latest shipper to be accused in a federal probe involving illegal online pharmacies, says it will fight the charges that it knowingly shipped drugs to people who lack valid prescriptions.

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