- FTC approves Reynolds' purchase of cigarette rival Lorillard Updated: May-26-15 8:30 pm
WASHINGTON - Reynolds American's proposed $25 billion acquisition of rival Lorillard has cleared a key regulatory hurdle to move closer to completing a deal that will unite some of the nation's top cigarette brands.
- AG's office warns residents as scams in Indiana escalate Updated: May-19-15 5:40 pm
SOUTH BEND, Indiana - The Indiana attorney general's office is warning residents to be wary of deals that sound too good to be true, noting that scam complaints escalated rapidly in recent years and even more likely went unreported.
- Illinois Supreme Court hears $10B Phillip Morris appeal Updated: May-19-15 4:53 pm
CHICAGO - The fate of a $10.1 billion class-action judgment against the nation's largest cigarette maker is in the hands of justices at the Illinois Supreme Court, who heard oral arguments Tuesday in Phillip Morris USA's appeal to have the on-again, off-again verdict struck down.
- FTC: Family raised $187M for cancer, spent it on themselves Updated: May-19-15 1:40 pm
WASHINGTON - A Tennessee man and his family used much of the $187 million it collected for cancer patients to buy themselves cars, gym memberships and take luxury cruise vacations, pay for college tuition and employ family members with six-figure salaries, federal officials alleged Tuesday in one of the largest charity fraud cases ever, involving all 50 states.
- Maryland part of FTC complaint against charity fraud Updated: May-19-15 1:08 pm
ANNAPOLIS, Maryland - Maryland is joining a Federal Trade Commission complaint against four cancer charities that are accused of misusing $187 million nationwide raised by deceptive fundraising practices.
- FTC returns $3M to customers who bought bogus cactus juice Updated: May-15-15 4:29 pm
WASHINGTON - Federal authorities say they are sending $3 million in checks to consumers who bought a cactus-based fruit drink from TriVita Inc. based on bogus health claims.
- Conway: Anti-competitive practices lead to higher gas prices Updated: May-12-15 6:21 pm
LOUISVILLE, Kentucky - Kentucky Attorney General Jack Conway sued Marathon Petroleum Co. on Tuesday, claiming its control of the state's wholesale gasoline market has "been allowed to run rampant" and results in higher prices at the pump.
- FTC urges Michigan to reconsider ban on direct auto sales Updated: May-12-15 6:25 am
LANSING, Michigan - The Federal Trade Commission is urging Michigan to reconsider its law that says that automakers can only sell through franchised dealers.
- Holcim and Lafarge will sell some assets to complete deal Updated: May-04-15 7:04 pm
NEW YORK - Holcim and Lafarge have agreed to sell cement plants, distribution terminals and other assets in order to complete their merger, which will make the world's largest cement company.