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Sears and Kmart file for bankruptcy

The company will close another 142 stores

With a huge debt payment just hours away, Sears Holdings -- the company that operates Sears and Kmart stores -- filed for Chapter 11 bankruptcy protection...


Consumer group pushes for Hyundai-Kia recall

Center for Auto Safety says engines are prone to catching fire

The Center for Auto Safety is asking Hyundai and Kia to launch a major recall of late model cars and SUVs to address what it says is a fire hazard.The...


Malicious message blamed for Sony’s PlayStation 4 crashes

Sony hasn’t stepped up with a fix, but users report that employing ‘friend-only messaging’ seems to do the trick

Sony advertises that “the ultimate home entertainment center starts with PlayStation (PS4),” but some of its users report that a text-message “exploit” is...


Pet care costs continue to rise

A report shows that lack of insurance can lead to big medical bills

As pets have become more like children in many households, the amount of money pet owners spend on their pets has skyrocketed. Last year, pet owners sp...


Consumers found to be skeptical of online photos

A study shows that the majority of consumers can tell when a photo has been photoshopped

A new study conducted by researchers at the University of California, Davis explored consumers’ knowledge of online photographs: are they real or are they...


Consumers appear less eager to buy homes

Rising prices and mortgage rates are taking a toll

If you're putting your home on the market, you may need to adjust your strategy for a quick sale near your asking price.A new report from real estate b...


Canyon recalls mountain bikes

The chainstays can crack, which can lead to rear wheel detachment

Canyon USA of Carlsbad, Calif., is recalling about 820 mountain bikes.The chainstays can crack, which can lead to failure of the chainstay, rear wheel...


Airline passengers speak up about what they want

New survey results put simple, efficient, and seamless at the top of passengers’ wish list

The International Air Transport Association (IATA) has released the results from its latest Global Passenger Survey (GPS), and all arrows point to maximizi...


PayPal to let customers withdraw cash at Walmart

Walmart customers can soon take out cash from their PayPal account in-store

PayPal has announced that it’s teaming up with Walmart to allow customers to withdraw cash from their PayPal account at any Walmart store across the countr...


Mortgage rates hit highest level since 2011

The average rate on the 30-year fixed-rate mortgage hit 5 percent last week

The sudden rise in Treasury bond yields that has roiled the stock market is also proving costly to homebuyers who haven't locked in an interest rate.Th...


Toyota recalls model year 2019 C-HRs

The rear axle bearing bolts may not have been tightened sufficiently

Toyota is recalling approximately 700 model year 2019 C-HRs in the U.S.One or more rear axle bearing bolts on some vehicles may not have been tightened...


Social security checks to increase slightly next year

Savings may get eaten away by rising healthcare costs and other price increases

Retired workers and other Social Security recipients will see a 2.8 percent increase in their benefits next year due to inflation. That will bring the mont...


USPS plans to raise rates on stamps

The proposed changes would take effect in January

The U.S. Postal Service announced on Wednesday that it plans to raise prices on postage stamps in an effort to pull in “needed revenue.”The price of a...


CVS-Aetna merger cleared, with conditions

Aetna will be required to spin off some of its business

Government antitrust regulators have given a green light to the merger between CVS Health and Aetna. More accurately, they flashed a yellow “caution” light...


Uber set to re-enter the grocery delivery game

The company leaves no stone unturned in its quest to be part of everything delivery-related

Uber. Is it a ride-sharing service, a scooter company, or a self-driving truck company?Yes, yes, and yes.In its wildest “Uber for everything” imagi...


NHTSA rejects Tesla’s ‘safest’ vehicle claims

The agency wants to clarify that crash test scores don’t amount to a ‘best’ vehicle

The National Highway Traffic Safety Administration (NHTSA) has responded to Tesla’s claims that its Model 3 is the “best” new car on the market.Althoug...


Tesla looks to be on track to profitability

An expert says the automaker is a ‘disruptive technology growth company’ with a ‘strong brand presence'

In a research note to clients, Macquarie Research analyst Maynard Um kicked off coverage of Tesla with an outperform rating. He said the electric automaker...


Study sees a surge in job creation ahead

But workers in middle-wage jobs may see fewer opportunities

The news keeps getting better for job seekers. Days after the government reported unemployment is at a half-century low, a private forecast predicts the ec...


Honda recalls model year 2018 CRF250L motorcycles

Inappropriate installation of the wiring harness may affect operation of safety components

American Honda Motor Co. is recalling 505 model year 2018 Honda CRF250L motorcycles.The wiring harness may have been inappropriately installed, potenti...


Hand sanitizer reduces kids’ sick days, study finds

Using hand sanitizer was found to curb respiratory infections and absences in young children attending day care

Hand sanitizer may be superior to hand washing when it comes to reducing sick days among young children in day care, a new study suggests.Over the cour...


FDA bans use of seven food additives

The agency de-listed the synthetic food flavorings based on evidence linking them to cancer in laboratory animals

The U.S. Food and Drug Administration (FDA) has formally banned the use of seven food additives in response to a petition brought on by several environment...


Barnes & Noble said to be looking for a buyer

Despite Amazon’s imposing posture, smaller indie booksellers are actually making a go of it

Anyone want to own a bookstore chain? Barnes & Noble (B&N;) might be willing to make you a sweet deal on its 633 retail stores. The ailing bookseller said...


DOT releases new guidance for autonomous vehicles

The Department of Transportation is preparing for the deployment of fully driverless cars

The U.S. Department of Transportation (DOT) has released its latest guidance for automated vehicles.This year marks the third year that the DOT has rel...


Gas prices make a surprising surge

The national average price jumped four cents a gallon in the last week

Gasoline prices are at the highest level for the beginning of October since 2014. They’re also higher than during most of the summer driving season.The...


Toyota recalls 800k Prius vehicles

The vehicle could lose power and stall

Toyota is recalling approximately 807,000 model year 2010-2014 Toyota Prius and model year 2012-2014 Prius v vehicles in the U.S.The recalled vehicles...


Congress approves FAA funding bill

The agency will be required to set airline seat standards

The Senate has given final approval to a bill funding the Federal Aviation Administration (FAA) and sent it to the White House, where President Trump is ex...


American Express’ Gold card gets a complete makeover

Cardholder rewards focused on dining and travel get a boost, but rewards for gas purchases go away

American Express (Amex) is saying goodbye to its “Premier Rewards Gold Card” and hello to the latest darling in the metal card design, the “American Expres...


Toys R Us isn't finished just yet

Lenders cancel plans to liquidate assets and instead will reorganize

Toys R Us, the defunct toy store chain, may live again.The lenders that took control of the company in bankruptcy earlier this year and set out to liqu...


GM, Honda collaborating on self-driving cars

The automakers will work together to develop a ‘purpose-built autonomous vehicle’

General Motors is teaming up with Honda to develop and build a wide-use autonomous vehicle and deploy it worldwide, the companies announced on Wednesday....


Consumers paid more for new cars last month

The average transaction price for a new vehicle rose 2 percent

Automakers may be selling fewer cars than in the recent past, but they're getting more for them. Kelley Blue Book (KBB) reports the average new car transac...


Cabot brand oysters recalled

The products may be contaminated with Salmonella

3301861 Nova Scotia Limited is recalling Cabot brand oysters that may be contaminated with Salmonella.There have been no reported illnesses associated...


TerraTrike recalls adult tricycles

The right hand wheel hubmount can bend or break

TerraTrike of Grand Rapids, Mich., is recalling about 600 adult tricycles (trikes).The right hand wheel hubmount can bend or break, causing the user to...


BMW recalls model year 2018-2019 X6 vehicles

The vehicles' wheel bolts may not have been tightened properly

BMW of North America is recalling 33 model year 2018-2019 BMW X6 sDrive35i, X6 xDrive35i, X6 xDrive50i, and X6M vehicles.The wheel bolts on thee vehicl...


Feds sue California over net neutrality law

The Justice Department says states can't regulate the internet

The Justice Department has filed a lawsuit against the state of California, charging that its newly enacted net neutrality law places “unlawful burdens” on...


Sprint sees grim future without merger

The company tells the FCC it hasn't been able to ‘turn the corner'

If regulators are looking for a reason to approve the merger of Sprint and T-Mobile, Sprint is offering one. It says it can't guarantee its survival as an...