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News Articles: Business

Susan Elliott power washes her outdoor furniture at her home in Fort Myers Beach, Fla., where a powerful storm surge from Hurricane Ian ravaged the community.

Tagged as: 

  • National

On Florida's Gulf Coast, developers eye properties ravaged by Hurricane Ian

With more than 35,000 homes damaged or destroyed in Lee County, Fla., residents are concerned about housing affordability – and changes to their communities – as developers become involved.

December 21, 2022
|
By:
  • Danielle Kaye
An investigation of more than 500 U.S. hospitals show that many use aggressive practices to collect on unpaid medical bills. More than two-thirds have policies that allow them to sue patients or take other legal actions against them, such as garnishing wages.This includes high-profile medical centers such as the Mayo Clinic.

Tagged as: 

  • Health

Investigation: Many U.S. hospitals sue patients for debts or threaten their credit

An examination of billing policies and practices at more than 500 hospitals across the country shows widespread reliance on aggressive collection tactics.

December 21, 2022
|
By:
  • Noam Levey
Two regional utilities, Alabama Power and Florida Power & Light, hired the consulting firm Matrix to help shape their fortunes. Matrix paid six news sites that attacked officials who challenged the companies.

Tagged as: 

  • Media

In the Southeast, power company money flows to news sites that attack their critics

Alabama Power and Florida Power & Light hired the consulting firm Matrix to help shape their fortunes. Matrix funded six sites that covered politics, filling a void left by the decline of local news.

December 21, 2022
|
By:
  • David Folkenflik,
  • Mario Ariza,
  • and 1 more
Former Michigan State player Mat Ishbia laughs as he's introduced along with Michigan State's 2000 national championship NCAA college basketball team during halftime of the Michigan State-Florida game in East Lansing, Mich. The mortgage executive has agreed in principle to buy the Phoenix Suns and Phoenix Mercury from the embattled owner Robert Sarver for $4 billion.

Tagged as: 

  • Sports

The suspended owner of the Phoenix Suns and Mercury sells them to Mat Ishbia for $4B

The mortgage executive has agreed to buy a majority stake in the NBA and WNBA teams from Robert Sarver, who is serving a one-year ban from suspension after a report on his toxic behavior.

December 21, 2022
|
By:
  • The Associated Press
In 2013, Grace E. Elliott spent a night in a hospital in Florida for a kidney infection that was treated with antibiotics. Eight years later, she got a large bill from the health system that bought the hospital. This bill was for an unrelated surgical procedure she didn't need and never received. It was a case of mistaken identity, she knew, but proving that wasn't easy.

Tagged as: 

  • Health

The case of the two Grace Elliotts: a medical bill mystery

A health system charged a woman for a shoulder replacement she didn't need and hadn't received. She didn't receive the care, but she did receive the bill — and some medical records of a stranger.

December 21, 2022
|
By:
  • Mark Kreidler
TikTok would be banned from most U.S. government devices under a government spending bill Congress unveiled early Tuesday, the latest push by American lawmakers against the Chinese-owned social media app.

Tagged as: 

  • Technology

Congress is about to ban TikTok from U.S. government phones

A ban on Chinese-owned TikTok for government devices is in a new spending bill. It will not affect most of the 100 million U.S. users of the app, but it is a major anti-TikTok escalation by the U.S.

December 20, 2022
|
By:
  • Bobby Allyn
The Consumer Financial Protection Bureau (CFPB) has ordered Wells Fargo to pay billions in fines and redress to mistreated consumers.

Tagged as: 

  • Business

Wells Fargo to pay $3.7 billion settling charges it wrongfully seized homes and cars

The case marks the largest penalty ever imposed by the federal watchdog agency the Consumer Financial Protection Bureau. Customers who were harmed will receive $2 billion in restitution.

December 20, 2022
|
By:
  • Chris Arnold
Mail delivery vehicles are parked outside a post office in Boys Town, Neb., on Aug. 18, 2020. The Postal Service said Tuesday it will sharply increase the number of electric-powered delivery trucks in its fleet and will go all-electric for new purchases starting in 2026.

Tagged as: 

  • Environment

The Postal Service pledges to move to an all-electric delivery fleet

USPS says it will sharply increase the number of electric-powered delivery trucks — and will go all-electric for new purchases starting in 2026.

December 20, 2022
|
By:
  • The Associated Press
French hen prices fluttered up 25% this year, thanks in part to costly bird feed and the growing popularity of backyard farming.

Tagged as: 

  • Economy

In bad news for true loves, inflation is hitting the 12 Days of Christmas

Partridge prices were flat this year, but the cost of pear trees jumped more than 25%. PNC bank has run the numbers on all 12 days of Christmas, as it calculates its annual holiday price index.

December 20, 2022
|
By:
  • Scott Horsley
The maker of the popular Fortnite video game will pay $520 million in penalties and refunds to settle complaints revolving around children's privacy and its payment methods that tricked players into making unintended purchases, U.S. federal regulators said Monday, Dec. 19.

Tagged as: 

  • Business

Fortnite maker Epic Games will pay $520 million to settle privacy and deception cases

The company is refunding $245 million to customers who made unwanted purchases because of poor game design, and is paying a $275 million fine for collecting personal data from kids without consent.

December 20, 2022
|
By:
  • The Associated Press
The FTC says nearly half of Epic Games' $520 million settlement will go to "refunds for tricking" Fortnite "users into making unwanted charges."

Tagged as: 

  • Arts & Life

Could you be eligible for a Fortnite refund?

Epic Games has agreed to pay the Federal Trade Commission $520 million over allegations of privacy violations and unwanted charges. Nearly half of the money will go to refund consumers.

December 20, 2022
|
By:
  • Elizabeth Blair
GPB News NPR

Tagged as: 

  • Business

Fortnite maker Epic Games agrees to settle privacy and deception cases

The North Carolina company that makes the video game has agreed to a settlement for failing to protect young players. More than a half a billion dollars will go to consumers and the FTC.

December 20, 2022
|
By:
  • A Martínez and
  • Jason deBruyn
A CVS pharmacy in California running low on children's pain and fever relief medicines, pictured earlier this month.

Tagged as: 

  • Children's Health

CVS and Walgreens limit sales of children's meds as the 'tripledemic' drives demand

Walgreens will limit online orders of children's fever and pain medicine to six items "to help support availability and avoid excess purchases." At CVS stores, purchases will be limited to two.

December 20, 2022
|
By:
  • Becky Sullivan

Tagged as: 

  • Energy

Facing an energy crisis, Germans stock up on candles

Germans are on a mission to transform their energy economy and reduce their consumption, including by — apparently — using lots of candles.

December 20, 2022
|
By:
  • Willa Rubin
British nurses picket outside St. Thomas' Hospital in London on Thursday. The nurses' union is asking for a 19% pay raise. Nurses, as well as postal workers, rail workers and some airport immigration officers, are staging walkouts over the holiday season. They are asking for pay increases as the U.K. faces nearly 11% inflation.

Tagged as: 

  • World

Britain is seeing a wave of strikes as nurses, postal workers and others walk out

Nurses, postal workers and railway employees are all walking out this month in the U.K.'s largest series of labor actions in more than a decade. It's a major challenge to Prime Minister Rishi Sunak.

December 20, 2022
|
By:
  • Frank Langfitt
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