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Booming Sales of Novelty Helmets Boost Toll of Motorcycle Deaths

“Even as more than 800,000 novelty helmets are sold in the U.S. every year, and as motorcycle crash deaths mount, federal regulators have never acted with urgency to crack down on the popular but flawed headgear. Proposals to limit sales of the novelty helmets have been delayed over and over again,” according to Fair Warning’s…

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Title loans hurt poor, critics say

“More than 430 auto-title-lending branches have been licensed in Arizona since 2009, the year after voters rejected payday lending, state figures show. By comparison, from 2000 to 2008, about 160 title-lending branches were licensed with the state. The rise of title lenders has rekindled a debate over whether these kinds of high-interest loans ultimately help…

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Dozens of internet sweepstakes cafes operated by those unfit for casinos

Dozens of Internet sweepstakes cafes are owned and operated by people who are in so much financial hot water that they couldn’t land a job at an Ohio casino. The pseudo gambling parlors have flouted a decades-old state law that requires businesses to register with the secretary of state. And most cafe owners snubbed an…

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WSJ finds websites base varying prices, offers on user data

Consumer websites offer their users different prices and deals based on what data they have about the user, according to a Wall Street Jounal investigation. The Journal identified several companies, including Staples, Discover Financial Services, Rosetta Stone Inc. and Home Depot Inc., that consistently adjusted prices and product offers based on user characteristics they discovered, such…

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Tobacco companies fighting anti-smoking laws with trade agreements, legal challenges

Fair Warning reports that as governments around the world adopt stringent rules to fight the public health burdens of smoking, tobacco companies are fighting back, trumping those laws by invoking long-standing trade agreements. Anti-smoking advocates told Fair Warning those efforts, and the cost and liability governments face in fighting them, will intimidate “all but the…

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Donors deceived, money meant for charity goes to telemarketer

Million of dollars in donations intended for charities have instead gone to the telemarketing firm soliciting the donations, an investigation from Bloomberg Markets found.  InfoCision Management Corp. claims on its website to raise more money for charities over the phone than any other company in the world. But one-sided contracts leave the majority of money…

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Illegal online payday loans thrive in New York

Payday loans — short-term, small dollar loans with exorbitant fees — are restricted in 18 states, and New York’s ban is one of the toughest. But reporter John Sandman found evidence that online payday lenders are circumventing these bans, illegally targeting potential borrowers in these states. The investigation, published by City Limits, was supported by…

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