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Jun 29, 2015
06/15
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BLOOMBERG
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why didn't the ftc do anything? vince: the ftc was a mixed mind. conceded that google was harming competitors, but they were not sure about consumer harm. that is the piece that we have today, consumer harm. >> and i think it becomes more critical as people switch to google and more such is done on mobile. vince: half of all searches on mobile is done with local intent. it is a huge portion of search which is why google is focused on it. cory: whitey think they looked at the charges, as the eu did, and they looked at -- why do you think they looked at the charges, as the eu did, why did the ftc decides not to when you're dead? vince: -- when the eu did? vince: there has to be established harm here. in the eu the requirements are not as stringent. the ftc decided there was that the only competitor harm, but could not find consumer harm. that is all we have here today. cory: do you think that consumers are harmed? vince: we see it here. any time a consumer is looking up a local service and they are not in the results from the whole red -- the whole w
why didn't the ftc do anything? vince: the ftc was a mixed mind. conceded that google was harming competitors, but they were not sure about consumer harm. that is the piece that we have today, consumer harm. >> and i think it becomes more critical as people switch to google and more such is done on mobile. vince: half of all searches on mobile is done with local intent. it is a huge portion of search which is why google is focused on it. cory: whitey think they looked at the charges, as...
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Jun 12, 2015
06/15
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KRON
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according to the ftc, the man canceled the project and said he would refund the donations, but used the money instead to pay his rent and move. he's been ordered to repay the money -- but he doesn't have any. black teenager to the >> pam: you will not guess how much it will cost to fight i sensed every single day? >> pam: the major crime trend that police are fighting?
according to the ftc, the man canceled the project and said he would refund the donations, but used the money instead to pay his rent and move. he's been ordered to repay the money -- but he doesn't have any. black teenager to the >> pam: you will not guess how much it will cost to fight i sensed every single day? >> pam: the major crime trend that police are fighting?
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Jun 5, 2015
06/15
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CNBC
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. >>> so is the ftc about to rendary decision on herbalife? alyst had has covered the company closer than any other thinks so. tim raimi is with pivotal research group. tim, welcome back. so your note got a lot of people talking, you admit you're kind of going out on a limb. but what's the basis for making this prediction that this decision is going to come soon, you say this summer. >> yeah, you know i mean, i don't have any data points that would say this is it. but it's, you know, it's clear that the company has done a lot of work in terms of you know, delivering data and documents to the ftc. we've had you know, 15 months go by, and just the body language of herbalife itself, not the least of which launching the attack site earlier this week. you know says they're feeling pretty good about the position they're in. you know when, when i had john de simone out on the road, he talked about bridging to the post-ftc world. i think that's an appropriate way to think about herbalife. we don't know exactly when it's going to be. but it feels like i
. >>> so is the ftc about to rendary decision on herbalife? alyst had has covered the company closer than any other thinks so. tim raimi is with pivotal research group. tim, welcome back. so your note got a lot of people talking, you admit you're kind of going out on a limb. but what's the basis for making this prediction that this decision is going to come soon, you say this summer. >> yeah, you know i mean, i don't have any data points that would say this is it. but it's, you...
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Jun 10, 2015
06/15
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CSPAN3
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r the ftc. 11 years ago we created the do not call registry to protect consumers privaciy against unwanted calls. i do believe that program has been highly effective from reducing calls from legitimate telemarkets but several years ago the landscape started to shift in a very troubling way. robo-calls were on the rise. in 2009 the ftc regained 60,000 complaints about robo-calls each month. currently we get approximately 150,000 complaints each month. a dramatic increase. so what happened? major technology changes in telecommunications services have led to lower costs and improved services for consumers, that is good news. but unfortunate fraudsters have taken advantage of the lower costs which brought faster and cheaper automatic callers and have further exploited spoofing which enables the scammer to hide its identity and location in the world. in short they have taken advantage of this cheap model and used it to blast literally tens of millions of illegal robo-calls over the cost of less than one cent her -- per call. coupled with the legal privacy invasion we see that the robo callers p
r the ftc. 11 years ago we created the do not call registry to protect consumers privaciy against unwanted calls. i do believe that program has been highly effective from reducing calls from legitimate telemarkets but several years ago the landscape started to shift in a very troubling way. robo-calls were on the rise. in 2009 the ftc regained 60,000 complaints about robo-calls each month. currently we get approximately 150,000 complaints each month. a dramatic increase. so what happened? major...
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Jun 26, 2015
06/15
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BLOOMBERG
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you do not want the ftc breathing down your neck after the first deal and saying, oh, man, now we have four of these. do we want to go to three? you want to get it done and get it done fast. armstrong was drew speaking with pimm fox, not betty liu. it could be crucial moments for traders. it could be the busiest trading day of the year. why? russell rebalancing. it only happens once a year. he gets a little crazy. julie, what is index rebalancing for the russell? the stocks gety, moved around in different indexes. if you are in the 2000 now but moved up a lot, it probably will move into the russell 1000. creates a muchit volatility? we do that with the s&p. this only happens once a
you do not want the ftc breathing down your neck after the first deal and saying, oh, man, now we have four of these. do we want to go to three? you want to get it done and get it done fast. armstrong was drew speaking with pimm fox, not betty liu. it could be crucial moments for traders. it could be the busiest trading day of the year. why? russell rebalancing. it only happens once a year. he gets a little crazy. julie, what is index rebalancing for the russell? the stocks gety, moved around...
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Jun 19, 2015
06/15
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BLOOMBERG
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in terms of conduct, we have the doj and the ftc and we have the eu commission and they are the two bigs. whenever there is an actual change in conduct that is imposed, not just finds, it affects companies greatly. how do you distinguish between the u.s. and eu market in the globalized economy? you get your supplies from asia, you sell in europe and you source into the u.s. as well. it is difficult. although, google has shown us in china and other countries that it can actually tailor its allusions to different geographic markets and jurisdictions. for instance, the right to be forgotten in europe. google has implemented that. they are capable of making changes. emily: they also made a pretty big dramatic exit from china and their business has suffered significantly because of that. they are still operating out of hong kong but it is made a big challenge for the business. ok andreas and eileen, thank you both. now today and out of this world, nasa has announced a mission to jupiter's moon europa. a space launch is happening in 2020. another nasa funded project has come to an end. six sc
in terms of conduct, we have the doj and the ftc and we have the eu commission and they are the two bigs. whenever there is an actual change in conduct that is imposed, not just finds, it affects companies greatly. how do you distinguish between the u.s. and eu market in the globalized economy? you get your supplies from asia, you sell in europe and you source into the u.s. as well. it is difficult. although, google has shown us in china and other countries that it can actually tailor its...
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Jun 18, 2015
06/15
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BLOOMBERG
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we spoke with the fcc and the ftc.crete roboe call numbers but the ftc said it is certainly billions each year and they know that based on lawsuits they have fought. their biggest case was against caribbean cruise lines in florida not to be confused with reputable companies. this company hit 1.5 billion calls in just five months. half $1 million has gone back to consumers so far. ance 2003, nearly half billion dollars has been awarded to customers but only about 29 million has been collected. that is because defendants tied their money or spend it on luxury cars when they get the money. technology, robo calls are cheap. it costs less than one penny in minute to make a voice over internet call. -- technologyans can help to defend against robo calls. the sec has okayed blocking technology and the ftc has launched a challenge for developers to make a tool to do just that. one thing you can do now is to add your number to this -- the national do not call registry. 270 million members are registered. scarlet: do you have a
we spoke with the fcc and the ftc.crete roboe call numbers but the ftc said it is certainly billions each year and they know that based on lawsuits they have fought. their biggest case was against caribbean cruise lines in florida not to be confused with reputable companies. this company hit 1.5 billion calls in just five months. half $1 million has gone back to consumers so far. ance 2003, nearly half billion dollars has been awarded to customers but only about 29 million has been collected....
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Jun 24, 2015
06/15
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FBC
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the ftc filed a lawsuit this year challenging transactions on antitrust grounds. uld like the lead to higher prices for the company's customers. customers include restaurants good restaurants, hospital, hotel, controlled by private equity firm kkr and clayton dba and right. it is interesting because the merger together would make higher prices than people were critics and said the mergers make them so big they better have buying power to offer lower prices. boosting regulators step in to keep control another big deals including comcast or at&t, 2011 to 14 mobile and also tried to apply a viable and stepping on not one. dagen: moving onto grocery chains in europe. two european grocery chains unfamiliar names in the u.s. emerging. the group generates 60% of sales in the u.s. the combined value of the company's $29 billion with stop & shop chanter in this day. dull haze runs linux headed for the combined company will have 6500 stores in the united dates in europe. whole foods investigated by the consumer affairs new york post reporting the allegedly deceiving customer
the ftc filed a lawsuit this year challenging transactions on antitrust grounds. uld like the lead to higher prices for the company's customers. customers include restaurants good restaurants, hospital, hotel, controlled by private equity firm kkr and clayton dba and right. it is interesting because the merger together would make higher prices than people were critics and said the mergers make them so big they better have buying power to offer lower prices. boosting regulators step in to keep...
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Jun 13, 2015
06/15
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KGO
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the ftc says this first legal action against the crowd funder is a warning this popular investment platnd runs, it's up to the investor to do the chasing. for "good morning america," jim avila, abc news, new hampshire. >> if you're an investor and you give your money to a lot of sites, you have to have blind trust. you don't have a legal -- >> trust is a big part of the system. >> yeah, i saw $55,000 raised to make potato salad once. on a kick starter. so -- >> i have a bunch of ideas on the commercial break. >> look for those in a little bit. >>> and coming up on "good morning america," the foo fighters' dave grohl had a bad accident on stage. and the x-rays to prove how he didn't let the audience down. straight ahead with the one and only sara haines. she is our foo fighter. bankruptcy may affect your rights even if you do not presently have an asbestos-related disease. garlock's products were used in industrial and maritime settings, where steam, hot liquid or acid moved in pipes. certain personal injury claims must be filed by october 6, 2015. you may have a right to vote on garlock
the ftc says this first legal action against the crowd funder is a warning this popular investment platnd runs, it's up to the investor to do the chasing. for "good morning america," jim avila, abc news, new hampshire. >> if you're an investor and you give your money to a lot of sites, you have to have blind trust. you don't have a legal -- >> trust is a big part of the system. >> yeah, i saw $55,000 raised to make potato salad once. on a kick starter. so -- >>...
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Jun 18, 2015
06/15
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BLOOMBERG
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i spoke with the fcc and the ftc. the fcc told me it is billions of calls each year. biggest case was against caribbean cruise lines in florida, not to be confused with more reviewable companies out there. this one made up to 15 million illegal sales calls between 2011 in 2012. 1.5 billion calls in nine months. if that does not sound like a lot, it turns out it is not. since 2003, nearly half $1 billion has been awarded to customers but only about 29 million has been collected. money ons spend their other rich things when the get that money. robo calls are cheap. it costs less than one penny a minute to make a voice over internet call. .he return on investment the fcc has okayed locking technology phone companies can provide and the ftc has launched humanity strikes back, a challenge for developers to make a tool to do just that. one thing you can do now is at your number to the national do not call registry. 2 hundred 73 million members were registered. -- 273 million numbers were registered. matt: i am going to go over and my to hook me up with that blocked call reg
i spoke with the fcc and the ftc. the fcc told me it is billions of calls each year. biggest case was against caribbean cruise lines in florida, not to be confused with more reviewable companies out there. this one made up to 15 million illegal sales calls between 2011 in 2012. 1.5 billion calls in nine months. if that does not sound like a lot, it turns out it is not. since 2003, nearly half $1 billion has been awarded to customers but only about 29 million has been collected. money ons spend...
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Jun 2, 2015
06/15
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CSPAN
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one agency we have been collaborating with is the ftc, and the ftc actually today issued a statement on its website saying that it was -- i will read from the statement. the company that has reported a breach, this is on the ftc's website -- a company that has reported a breach of the appropriate law enforcement and cooperated with them has taken an important step to reduce the harm from the breach. therefore, in the course of conducting an investigation, it's likely we do that company more favorably than a company that hasn't cooperated. that's the ftc's statement after consulting with and coordinating with doj and the cyber security unit. i won't speak for the ftc, but from our perspective, we view victims of data breaches as victims. i think this statement will help show that other enforcement agencies are also willing to view data breach victims as victims. a public example of our work so far in cyber security is also on our website, which is a document , a guidance document, for best practices for reporting of cyber incidents. this is our first written contribution to the cyber
one agency we have been collaborating with is the ftc, and the ftc actually today issued a statement on its website saying that it was -- i will read from the statement. the company that has reported a breach, this is on the ftc's website -- a company that has reported a breach of the appropriate law enforcement and cooperated with them has taken an important step to reduce the harm from the breach. therefore, in the course of conducting an investigation, it's likely we do that company more...
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Jun 18, 2015
06/15
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BLOOMBERG
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the fcc has okayed blocking technology phone companies can provide and the ftc has launched humanity rikes back -- a challenge for developers to make just that.o top prizes $50,000. you could add your number to this -- the national do not call registry. in 2014, 270 million numbers were registered, up 2% from 2013. the number of complaints dropped 13% to 3.2 million. still a lot, but half a million less than the year before. just minutes ago, the commission approved some of these changes. what can you tell us? the announcement just came down in the fcc voted to issue guidance that tells telephone companies that they can and should block these robo calls. this is a turnaround because the past several decades, at&t and verizon has said we know this problem exists, but we are not going to do anything about it. this says now is your responsibility to stop it. text?what about robo tost: it does not apply those. so we may very well begetting nose those. and the problem is huge. billions are being sent across the united states. one big one that just happened was on the order of 28,000 texts
the fcc has okayed blocking technology phone companies can provide and the ftc has launched humanity rikes back -- a challenge for developers to make just that.o top prizes $50,000. you could add your number to this -- the national do not call registry. in 2014, 270 million numbers were registered, up 2% from 2013. the number of complaints dropped 13% to 3.2 million. still a lot, but half a million less than the year before. just minutes ago, the commission approved some of these changes. what...
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Jun 11, 2015
06/15
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BLOOMBERG
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the federal trade commission, the ftc, has settled a case against a man who raised $122,000 through aickstarter to produce a board game that never materialized. the ftc said the men canceled the project and said he would refund the money, but instead, he used the cash to pay his rent and move. scarlet: and doctors treating the copilot who crashed a said he wasplane unfit to fly. he had seen seven doctors in the months before the crash including three appointments with a psychiatrist. all 150 people on board were killed in that disaster. mark: boeing says airlines around the world will need 38,000 new planes in the next 20 years. that is a 3.5% increase since last year's forecast. actor christopher lee is dead. he appeared in more than 250 movies and was best known for his role as count dracula early in his career. he later appeared in "the lord of the rings" trilogy. christopher lee was 93 years old. those are some of your latest stories the sour -- this hour. rupert murdocht: is stepping down and handing over his son, james. here is charlie ergen's reaction. when he knows he wants to
the federal trade commission, the ftc, has settled a case against a man who raised $122,000 through aickstarter to produce a board game that never materialized. the ftc said the men canceled the project and said he would refund the money, but instead, he used the cash to pay his rent and move. scarlet: and doctors treating the copilot who crashed a said he wasplane unfit to fly. he had seen seven doctors in the months before the crash including three appointments with a psychiatrist. all 150...
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Jun 23, 2015
06/15
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FBC
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essentially, investors believe that the ftc investigation into herbalife, whether it's a pyramid scheme as bill ackman, the short seller, says it is. most investors are coming around to believe that this company is not going to be shut down, that if it was going -- if the fda was going to rule it was an illegal pyramid scheme, it would have done it already. that's at least what investors say. i do know from people inside the company what they are expecting is by sometime after the summer, the ftc will come out with its official decision. my guess, they're going to come out, slap 'em around a little bit, saying, you know, you had some deceptive marketing tactics, practices, you know? which, we should point out, herbalife has basically cleaned up since this thing began. but i, you know, my guess is that this company's not going to get shut down. that's my guess. i'm not predicting -- i'm -- liz: bill ackman has been out to get this company, ewe di. i mean, he really has. he has cried over what he feels are slights against people who sell these health shakes. it's almost like he's taking i
essentially, investors believe that the ftc investigation into herbalife, whether it's a pyramid scheme as bill ackman, the short seller, says it is. most investors are coming around to believe that this company is not going to be shut down, that if it was going -- if the fda was going to rule it was an illegal pyramid scheme, it would have done it already. that's at least what investors say. i do know from people inside the company what they are expecting is by sometime after the summer, the...
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Jun 12, 2015
06/15
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KPIX
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so the ftc will vote next week on proposed new regulations to clarify the law and possibly end thoseted robo calls forever. coincidentally the fcc put paypal and ebay on notice for the fine print in their agreement implying the company has the right to contact you via robo calls and spam text without your consent. paypal says they weren't going to spam you and they were going to use it for fraud alert. >> if the phone rings and it's not my immediate family or friend i don't want to answer. >> i have a robo call that calls every day for months this has gone on robo call. i see the caller id. so i think -- i never pick it up. i think the robo is a dodo. i'm not there. i don't pick it up. they don't get it. >> hopefully in the next few months we'll see it the end of it. >> i pick up when work calls. >> and immediate family. >> all right, julie. thank you. >>> coming up, a cruise line bans passengers from bringing bottled water. the trouble they say is brings on board. >> plus, she thought her cancer had spread again. but turns out something else was causing false >>> a check on top stor
so the ftc will vote next week on proposed new regulations to clarify the law and possibly end thoseted robo calls forever. coincidentally the fcc put paypal and ebay on notice for the fine print in their agreement implying the company has the right to contact you via robo calls and spam text without your consent. paypal says they weren't going to spam you and they were going to use it for fraud alert. >> if the phone rings and it's not my immediate family or friend i don't want to...
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Jun 30, 2015
06/15
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CSPAN
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were accusing the ftc of using an imported would it from india that wasn't properly licensed. that's a pretty serious violent issue. one day in the middle of a workday, the federal trade commission with a swat team burst into the gibson guitar company. all the people in the factory put them on the floor and held automatic weapons on them. they searched through the building. it was a raid is if they were doing a drugrunning operation. they wanted to inspect a kind avoided they were using in the guitar. there's no need to use that kind of force, just going with a search warrant and soon we want to see the wood you are using. there was an accountant and little rock, they were awakened by a battering ram. instead of calling the guy and telling him to meet him, they marched the accountant into the middle of the yard. they wanted to seize their computers and look at some records. i'm not sure that that's justifiable. when it comes down to the city on fire, whatever it takes to get control of the situation you don't want to have law enforcement under equipped and outmanned and outgun
were accusing the ftc of using an imported would it from india that wasn't properly licensed. that's a pretty serious violent issue. one day in the middle of a workday, the federal trade commission with a swat team burst into the gibson guitar company. all the people in the factory put them on the floor and held automatic weapons on them. they searched through the building. it was a raid is if they were doing a drugrunning operation. they wanted to inspect a kind avoided they were using in the...
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Jun 12, 2015
06/15
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KYW
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net neutrality rules agreed by the ftc last february will take effect today as scheduled. the federal appeals court ruled against a request to block the rules in a suit by at&t verizon, and others. the rules are designed to prevent service providers like verizon, and to at&t, from creating fast lane for internet users. the federal trace commission is cracking down on people who raise money through crowd funding websites, but don't follow through on their promises. one man who raised $122,000 on kick starter, to produce a board game, was ordered to repay the money. that's because he used the fund to pay his rent instead and to move. the problem he doesn't have any money now to repay the investors, but the settlement also includes provision he won't lie about future crowd funding campaigns. >>> and the average device user spend about a day and a half every month using apps on their phone or tablet. that's according to mobile app statistics compiled by feel son for the last quarter of 2014. the total amount of time works out to 37 hours and 28 minutes, using apps. that's up 26
net neutrality rules agreed by the ftc last february will take effect today as scheduled. the federal appeals court ruled against a request to block the rules in a suit by at&t verizon, and others. the rules are designed to prevent service providers like verizon, and to at&t, from creating fast lane for internet users. the federal trace commission is cracking down on people who raise money through crowd funding websites, but don't follow through on their promises. one man who raised...
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122
Jun 10, 2015
06/15
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WUSA
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>> you should reach out to the ftc or your state attorney general, but we've made it very simple. you can just reach out to all of those sources through our campaign website at loanscamalert.org where you can file a complaint and we'll send the information to the appropriate authorities. >> barbara floyd jones, thank you very much for being here with us. good advice. thank you again. >>> that's it for wusa wusa9 news at noon. we'll be back on and of course we're always on wusa9.com and our mobile app. have >> sharon: dylan, dylan, stop it, stop it. he's not worth it. >> joe: maybe i should press charges. >> dylan: yeah, go ahead. >> sharon: you're forgetting who dylan's father is. he'll laugh you right out of the office. >> joe: you can't just haul off and hit somebody in the jaw because you don't like what they said. it's assault, sharon, a crime. >> dylan: save us the civics lesson, joe. >> joe: you know, this temper of yours is gonna land you in hot water one of these days. >> dylan: hey, you want to play victim, go ahead, call the cops. but avery's the real victim. maybe your
>> you should reach out to the ftc or your state attorney general, but we've made it very simple. you can just reach out to all of those sources through our campaign website at loanscamalert.org where you can file a complaint and we'll send the information to the appropriate authorities. >> barbara floyd jones, thank you very much for being here with us. good advice. thank you again. >>> that's it for wusa wusa9 news at noon. we'll be back on and of course we're always on...
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Jun 12, 2015
06/15
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KRON
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according to the ftc, the man canceled the project and said he would refund the donations, but used the money instead to pay his rent and move. he's been ordered to repay the money -- but he doesn't have any. black teenager to the >> pam: you will not guess how much it will cost to fight i sensed every single day? >> pam: the major crime trend that police are fighting? >> reporter: a die-hard or your fan >> absolutely! i believe. >> does want to make sure while people are enjoying the game that they take time to notice what is " on all around them. she >> reporter: is talking about him in trafficking creek should lead to an organization for victims of human trafficking. >> large sporting events causes eight increased and trafficking. on average there is a large group of people there will be exploitation: on. >> reporter: and attention to the human trafficking epidemic here in the bay area before the super bowl rose into santa clara next year. >> it is a huge issue and the bay area the average age is between 12 and 14 pricked--12 and 14. >> reporter: be aware of your surroundings if you
according to the ftc, the man canceled the project and said he would refund the donations, but used the money instead to pay his rent and move. he's been ordered to repay the money -- but he doesn't have any. black teenager to the >> pam: you will not guess how much it will cost to fight i sensed every single day? >> pam: the major crime trend that police are fighting? >> reporter: a die-hard or your fan >> absolutely! i believe. >> does want to make sure while...
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Jun 23, 2015
06/15
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KNTV
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eye 59
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there's already a complaint filed with the ftc. uber can customers we talked about with san francisco say the is can company is really taking a wrong turn on this. >>> i love their service right now. keep the policy as it is and i will keep using them. >> either through a private company like uber or the government i don't want anybody tracking my movement. >> where the hot spots are in san francisco, where everybody is moving around, where everybody is at every second of ever day, that's very valuable information no matter what line of business you want to -- you're in. >> uber issued a statement saying in part there is no basis for this complaint. our new privacy statements are much simple letter to read and set out more clearly the data we collect as well as how we use it. uber says users can always opt out. the policy is scheduled to go into effect next month. >>> some customers are not the only ones mad at uber. this was the scene in front of uber's san francisco headquarters yesterday. these folks are taxi drivers who were pro
there's already a complaint filed with the ftc. uber can customers we talked about with san francisco say the is can company is really taking a wrong turn on this. >>> i love their service right now. keep the policy as it is and i will keep using them. >> either through a private company like uber or the government i don't want anybody tracking my movement. >> where the hot spots are in san francisco, where everybody is moving around, where everybody is at every second of...
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149
Jun 3, 2015
06/15
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WPVI
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using them can bring thousands of dollars in fines from the ftc and even jail time. his particular case the jammer may have affected cell phones all around the area because right outside the school is a cell phone tower. the teacher seen there dean liptak received a five day suspension without pay. he told the school he thought it was perfectly fine for him to use the jammer as long as it wasn't for malicious purposes. students and parents admit cell phone use is a big problem in class but say this was not the solution and the jammer could have impacted the students' safety. >> students have them often in their back packs but the majority of the students at my school have them out during the whole class. >> i'm a parent and i'm over the phones, too, but we got to come to a happy medium. protection and teacher sanity as well. but i think protection outweighs the teach's sanity. >> reporter: liptak has been in trouble before. in 2013 he was reprimanded for using violent test questions. guys back to you. >> thank you, erin. >>> fyi philly went to visit a farm in gloucest
using them can bring thousands of dollars in fines from the ftc and even jail time. his particular case the jammer may have affected cell phones all around the area because right outside the school is a cell phone tower. the teacher seen there dean liptak received a five day suspension without pay. he told the school he thought it was perfectly fine for him to use the jammer as long as it wasn't for malicious purposes. students and parents admit cell phone use is a big problem in class but say...
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161
Jun 3, 2015
06/15
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WPVI
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cell phone jammers of course are illegal using them can bring thousands of dollars if fines from the ftcil time. and in this particular case the jammer may have affected cell phones all around the area because right outside the school is a cell phone tower. the teacher dean liptack told school he thought it was perfectly fine for him to use the jammer as long as it wasn't for malicious purposes. students and parents admit cell phone use is a big problem in class but say this was not the solution and the jammer could have impacted the students' safety. >> in that back packs but the majority of the students at my school have them out during the whole class. >> i'm a parent and i'm over the phones, too, but we got to come to a happy medium. protection and, you know, teacher sanity as well, but i think protection outweighs the teach's sanity. >> probably find a way to do both. he has been in trouble before. in 2013 he he was reprimanded for using violent test questions. guys, back to you. >> little bit of a pattern there. thanks erin. >>> 4:49 now. more brand new stories are next. the man ho
cell phone jammers of course are illegal using them can bring thousands of dollars if fines from the ftcil time. and in this particular case the jammer may have affected cell phones all around the area because right outside the school is a cell phone tower. the teacher dean liptack told school he thought it was perfectly fine for him to use the jammer as long as it wasn't for malicious purposes. students and parents admit cell phone use is a big problem in class but say this was not the...
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Jun 10, 2015
06/15
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CSPAN3
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in the last five years alone the ftc reports monthly complaints about illegal robo calls have doubled. and in missouri as we will hear from attorney general danderant, the top complaint of residents is unwanted and illegal tell marketing calls. it's not even close. his office gets 50 times the number of complaints for those calls than it did for the next highest category of complaint. we can do this. together we can do this. i look forward to hearing the testimony from this panel and exploring more ways to help consumers fight these unwanted calls. thank you and i look forward to all of your testimony. >> thank you very much for your statement. i would note that we've been joined by senator heller, senator casey and senator kane. we now turn to our panel of witnesses. first we will hear from linda blaze, a lighting designer and photographer from dallas, texas. she will tell us about the constant barrage of unwanted tell marketing calls she has received despite registering with the do not call list. second we will hear from professor henning from columbia university in new york. the pr
in the last five years alone the ftc reports monthly complaints about illegal robo calls have doubled. and in missouri as we will hear from attorney general danderant, the top complaint of residents is unwanted and illegal tell marketing calls. it's not even close. his office gets 50 times the number of complaints for those calls than it did for the next highest category of complaint. we can do this. together we can do this. i look forward to hearing the testimony from this panel and exploring...
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Jun 11, 2015
06/15
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WUSA
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is pushing legislation on capitol hill to given the ftc more power to block those calls. >> it is chip. thank you very much. i think you just say, listen i'm rushing to the airport and i need to go. nobody says i'm so glad you called. i have some questions to you. >> hand my phone to the 3-year-old. >> that may be the best of all. >>> ahead t charges against a tourist who posed naked and are now accused of triggering an earthquake. and if you're heading off to work, set your dvr. don't you want to know how your birthday suit can trigger an earthquake? yeah you do. so you can watch "cbs this morning" any time you like. we'll be right back. optic white toothpaste goes beyond surface stains to whiten over 3 shades. in fact, it whitens more than the leading express whitening strip. it's your smile bff. whiten more just by brushing. in my bakery, i see customers every day. but some days, i felt like all they saw was my acne, not me. i couldn't believe i still had acne. so i went to aczone.com, found a dermatologist, and asked her about aczone® (dapsone) gel. together, we decided aczone
is pushing legislation on capitol hill to given the ftc more power to block those calls. >> it is chip. thank you very much. i think you just say, listen i'm rushing to the airport and i need to go. nobody says i'm so glad you called. i have some questions to you. >> hand my phone to the 3-year-old. >> that may be the best of all. >>> ahead t charges against a tourist who posed naked and are now accused of triggering an earthquake. and if you're heading off to work,...
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Jun 11, 2015
06/15
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BLOOMBERG
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the ftc settled a case against a to buildaised $120,000 a board game that never materialized. ositively epic bait baseball tantrum to show you this afternoon. torii hunter goes bonkers after being ejected from the game last night. he threw just about everything, including his batting gloves, elbow pads, and his jersey. his twins lost to the kansas city royals 7-2. these to do that all the time. maybe he did it because of the undershirt. did he have a brand he was advertising? was a marketing suggestion by brendan greeley. coming up in the next half-hour, the imf says it has major differences with greece in key areas. we will get the end i'd on the tense negotiations from ian bremmer, the founder of the eurasia group. pimm: bmw is turning to technology to win more customers. we will tell you how the top-of-the-line, seven series sedan can respond to your hand gestures. pimcowe will tell you how survived a flood of redemptions following the departure of bill gross. we are talking about $100 billion in redemptions. is planning murdoch to hand over the reins of his media conglomera
the ftc settled a case against a to buildaised $120,000 a board game that never materialized. ositively epic bait baseball tantrum to show you this afternoon. torii hunter goes bonkers after being ejected from the game last night. he threw just about everything, including his batting gloves, elbow pads, and his jersey. his twins lost to the kansas city royals 7-2. these to do that all the time. maybe he did it because of the undershirt. did he have a brand he was advertising? was a marketing...
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Jun 4, 2015
06/15
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BLOOMBERG
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betty: the sec investigation is -- the ftc investigation is about to be resolved on herbalife. shares spiked to an intraday high and we will see what the outcome is. mark: the story that just will not go away. betty: the gift that keeps on giving to the news media. mark: about 200 billionaires -- the giving pledge initiative was started five years ago by warren buffett and bill and melinda gates to give away most of their money. millionaires finding it so easy to sign on. here is brendan coffee. you found out it is easy to say yes because it is not binding, is that right? >> that is right. you have to sign on and then you do not have to do a thing. you do not have to give away anything. mark: brendan, talk about the pledge and the people who have been giving. are they giving the required amount of money, or are they falling short? tondan: the requirement is give away half or more of your fortune in life or when you die. 10 who died to see if they are following ofough, and because disclosure requirements or lack of disclosure requirements, you cannot be 100% certain. long story s
betty: the sec investigation is -- the ftc investigation is about to be resolved on herbalife. shares spiked to an intraday high and we will see what the outcome is. mark: the story that just will not go away. betty: the gift that keeps on giving to the news media. mark: about 200 billionaires -- the giving pledge initiative was started five years ago by warren buffett and bill and melinda gates to give away most of their money. millionaires finding it so easy to sign on. here is brendan...
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Jun 23, 2015
06/15
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MSNBCW
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in a 23 page complaint filed with the ftc monday the electronic privacy information center warns uber'sws them to gather location data when the app is left running in the background of a iphone or ios device. and also has access to customer's contact lists. uber responded saying there is no basis for this complaint adding we care deeply about the privacy of riders and rider partners. joining us is mike peska. so is this convenience? uber says it is convenience. the way to know where you are and get you another car faster the next time you want a ride. is it convenience or or liability? >> i could come out against it but then they will give me a 4 star rating. most of these privacy cases leave me a little cold. they seem hypothetical. and i think this is just the world we live in. so many companies we trade information with they can do this. it would be a horrible policy if they were to do this. so i'm glad the foundation is making this clear. but i really doubt that uber would so offend its customers by becoming some sort of stasi. >> uber went after journalists and wrote critical thing
in a 23 page complaint filed with the ftc monday the electronic privacy information center warns uber'sws them to gather location data when the app is left running in the background of a iphone or ios device. and also has access to customer's contact lists. uber responded saying there is no basis for this complaint adding we care deeply about the privacy of riders and rider partners. joining us is mike peska. so is this convenience? uber says it is convenience. the way to know where you are and...
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Jun 19, 2015
06/15
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BLOOMBERG
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standard much higher, and the sec actually found reason to bring charges but senior management of the ftcided not to do so. in europe, let's compare the standards. 40% is the level, 40% market share dominance in europe while he have to be as high as 80% or 90% in the u.s.. in europe, google has well over 90% market share. indeed, the market you're the google has in the eu is even higher than in the u.s.. 92.4%. for is a serious issue google, because they have used that dominance in search to send people to sites where they get a cut of sales. that's what is greatly disconcerting to the eu. betty: it is indeed. the numbers are still at large right now, but what kind of damage no matter what is is going to have on google, that only the european business but overall business? interesting toe see what they do to fight this. google has also talked about buy" button great if you were to search for new shoes , just for example. "buy" button, that would closely linked research results and purchase activity. but purchase activity is the heart of this case, which is saying that google wasn't doing
standard much higher, and the sec actually found reason to bring charges but senior management of the ftcided not to do so. in europe, let's compare the standards. 40% is the level, 40% market share dominance in europe while he have to be as high as 80% or 90% in the u.s.. in europe, google has well over 90% market share. indeed, the market you're the google has in the eu is even higher than in the u.s.. 92.4%. for is a serious issue google, because they have used that dominance in search to...
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Jun 24, 2015
06/15
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CNBC
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federal insurance upheld the ftc injunction on the merger with u.s. foods. get your take on that as well as it's up three points trading just under a 62-week high. what's your position on it? >> i was very surprised that the stock acted as well as it did today. there were a lot of people that really did think in the end that this one wasn't going to work out. and they wanted to be in the stock. me i say no. i think that they've lost a lot of business to other players. i want you to stay away from syy. sorry, they're really nice guys. i want to go to david in illinois, please. david. >> caller: mr. cramer boo-yah, first-time caller. first, i've got to tell you, last night, the rolling stones talking to jim boo-yah cramer. my world, that's the best one-two punch imaginable. >> there you go thank you very much. >> caller: anyway my question is about procter & gamble. with the super freaking strong dollar, procter has really been hurt. i'd like to keep it for the 3.3% dividend and to avoid paying capital gains tax. i'm thinking unilever would be a good hedge fun
federal insurance upheld the ftc injunction on the merger with u.s. foods. get your take on that as well as it's up three points trading just under a 62-week high. what's your position on it? >> i was very surprised that the stock acted as well as it did today. there were a lot of people that really did think in the end that this one wasn't going to work out. and they wanted to be in the stock. me i say no. i think that they've lost a lot of business to other players. i want you to stay...
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58
Jun 2, 2015
06/15
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CSPAN3
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we moved it quickly with the ftc. the testing has occurred and we will get this done by the deadline on the northeast corridor. >> so do you believe the ftc has been responsive enough? or could they be more helpful? >> we think they've been very responsive in the last couple three weeks. yes. >> how long have you been trying to push through. >> we began to run into problems with this in 2012, and they begin to point us to the private sector to buy the spectrum. miss feinberg. >> funding is certainly an issue. spectrum has been an issue. ptc is a complicated technology. it requires, you know a back office. it requires the antennas the spectrum transponders. it is a complicated technology, and it takes time. you know, the fra requires railroads to submit a safety implementation plan to us so we can go over that plan with the railroads, provide edits and changes and so that we can working to to get them to a place where they're able to implement it. we've received one safety plan from a railroad. it was more than 5,000 pa
we moved it quickly with the ftc. the testing has occurred and we will get this done by the deadline on the northeast corridor. >> so do you believe the ftc has been responsive enough? or could they be more helpful? >> we think they've been very responsive in the last couple three weeks. yes. >> how long have you been trying to push through. >> we began to run into problems with this in 2012, and they begin to point us to the private sector to buy the spectrum. miss...
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200
Jun 18, 2015
06/15
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WRC
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let's fight out what's going on with the ftc. >>> they are meeting here in washington to vote on a new rule that could change the game when it comes to all those robocalls you receive. this new rule would let your phone company give you access to technology to block those calls. that would have a big impact on pollsters. hard for them to gather information that politicians and other use to shape your life every day. we are going to bring you the decision when we have it. amelia? >> as we head into the afternoon and evening hours, some scattered showers and thunderstorms are likely. a day that everybody may see rain. the timing from 2:00 p.m. to 8:00 pp. 8:00 p.m. future weather keeping us dry. we are starting to see this develop west of the metro area. they continue to move toward the east. as we hit about 3:30, some heavy rains potentially in fairfax county, falls church. up into monthgomery county. favoring southern maryland and up around the baltimore area. any rain you see later today could be heavy. storms cobuld be on the strong to severe side. big concerns are strong winds and h
let's fight out what's going on with the ftc. >>> they are meeting here in washington to vote on a new rule that could change the game when it comes to all those robocalls you receive. this new rule would let your phone company give you access to technology to block those calls. that would have a big impact on pollsters. hard for them to gather information that politicians and other use to shape your life every day. we are going to bring you the decision when we have it. amelia?...
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Jun 18, 2015
06/15
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ALJAZAM
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. >> i know you went up to talk to him and to barbara bush about the fact you were going to write the ftc book. how was he doing? >> he and barbara were nice enough to be positive and three weeks ago today now i drove up to have lunch with him. we go up once or twice a summer and gave him a couple of copies of the book. he looked much better this time than he even did a year and a half ago. >> the book, the quiet man the indispensable presidency of george h.w. bush. john sununu, thank you for being on. >> i hope the people learn a lot more about an extraordinary president they didn't know before. >>> tomorrow, pope francis unveils his encyclicle. >> as pope francis prepares to ask people to cut back on their use of fossil fuels. jeb bush. >> i'd like to see what it says as it relates to climate change and how that connects to the these broader deeper issues before i pass judgment. >> reporter: in a draft of the coming declaration that's already been leaked, pope francis supports established science that fossil fuels are ruining the planet. the pope's teaching known as an encyclicle could
. >> i know you went up to talk to him and to barbara bush about the fact you were going to write the ftc book. how was he doing? >> he and barbara were nice enough to be positive and three weeks ago today now i drove up to have lunch with him. we go up once or twice a summer and gave him a couple of copies of the book. he looked much better this time than he even did a year and a half ago. >> the book, the quiet man the indispensable presidency of george h.w. bush. john...
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Jun 18, 2015
06/15
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KTVU
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the ftc says at&t offered customers unlimited data, but would then slow their internet speeds after theycertain amount. the fcc said it is not unusual for company to slow speeds on networks to ease congestion, but once that congestion end, the speeds should be returned to normal. the company is planning to fight that fine. >>> samsung said it could be a few days before it can help galaxy owners who may be vulnerable to hackers. the south korean giant said it is working on a patch that should be available soon a. cyber security firm said it told samsung about the problem seven months ago. the firm now secure says there's a flaw in the keyboard software that lets hackers gain access, and they say this could be a threat to businesses, even the government. the national security summation just approved galaxy phones for its workers. >>> time now 5:26. nbc expected to announce later today brian williams will not come back to his position as the anchor of its "knightley news" show. that decision comes four months after the network suspended williams for exaggerating his experiences during a hel
the ftc says at&t offered customers unlimited data, but would then slow their internet speeds after theycertain amount. the fcc said it is not unusual for company to slow speeds on networks to ease congestion, but once that congestion end, the speeds should be returned to normal. the company is planning to fight that fine. >>> samsung said it could be a few days before it can help galaxy owners who may be vulnerable to hackers. the south korean giant said it is working on a patch...
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Jun 23, 2015
06/15
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CNBC
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this is in response to a district court decision earlier that siding with the ftc that is trying to blocktwo food distribution giants. shares of sigs co. down about 2 1/2% in after hours. back over to you. >> guy? >> had a great 2014. it's got to hold $35. this actually may be the news that if it gets down to 35 35 1/2, you turn around and buy it. it becomes an easy trade with a very defined stop. >> speaking of asia it has been a horrible week for the shanghai composite. it has taken a nose dive, down nearly 10%, but could that be a signal to buy china and asia in general? cnbc asia correspondent and kensho expert deirdre bosa joins me with the details. >> it boils down to this when the shanghai composite takes buy asia etfs listed right here in the u.s. the fxi a name a lot of our audience is probably familiar with the larnellest china-related etf, it is listed in new york and it bounces back big-time after a down week on the shanghai exchange. historically the ssec the shanghai comp doesn't even bounce back after such losses but the fxi returns 4 1/2% on average. need another idea? wel
this is in response to a district court decision earlier that siding with the ftc that is trying to blocktwo food distribution giants. shares of sigs co. down about 2 1/2% in after hours. back over to you. >> guy? >> had a great 2014. it's got to hold $35. this actually may be the news that if it gets down to 35 35 1/2, you turn around and buy it. it becomes an easy trade with a very defined stop. >> speaking of asia it has been a horrible week for the shanghai composite. it...
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Jun 26, 2015
06/15
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KPIX
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earlier this week, an iowa senator asked the ftc to investigate an alarming rise in spoofed third partyooking sites. this could lead to travelers showing up at hotels thinking they have a reservation when they don't. now, one way to protect yourself is to only enter personal or financial information on sites that have an https before the web address. that s stands for secure. and another way to tell who you're dealing with on browsers like google chrome or firefox is you see an icon before the web address. if you click on that a box pops up with additional information about the site that could help you discern if it is legit. and, of course, if you do think that you're on a phishing site it's a good idea to report it to it the browser company and file a fraud report. if you have a consumer complaint, give us a call 888-5- helps-u. hphttps. make sure there's an s before you enter any personal or financial information. that's the number one thing. as the browsers get better they will help detect this more. >> hope so. thank you. >>> the future is here. driverless car prototypes are cruisi
earlier this week, an iowa senator asked the ftc to investigate an alarming rise in spoofed third partyooking sites. this could lead to travelers showing up at hotels thinking they have a reservation when they don't. now, one way to protect yourself is to only enter personal or financial information on sites that have an https before the web address. that s stands for secure. and another way to tell who you're dealing with on browsers like google chrome or firefox is you see an icon before the...
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65
Jun 29, 2015
06/15
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CNBC
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. >> looks like the ftc is a major stock blocker here. these two companies have been trying to merge since 2013. they've put it off. put the decision off. now they said if we let these guys get together, they'll represent 75% of the entire food services industry. i think rightfully they're blocking this one. sysco shareholders disappointed. >> joe, cheese pesapeake, one o worst performing stocks of the year. upgraded to a buy. >> they're saying the stock is oversold. i'm not exactly sure how they're able to quantify that. asking to catch a falling knife. the trade was higher. it's unchanged on the day. unless it's going to get back above $3, i wouldn't suggest strong ownership of anyway of the names that market still looks over. >> you don't like the call, it looks like. >> making a random call saying it's oversold, why is it oversold? what about it? put some numbers. >> how to play the banks. jpmorgan got a downgrade. plus the latest from athens. michelle caruso cabrera back with us as the protests continue. >>> hello, everyone. i'm sue h
. >> looks like the ftc is a major stock blocker here. these two companies have been trying to merge since 2013. they've put it off. put the decision off. now they said if we let these guys get together, they'll represent 75% of the entire food services industry. i think rightfully they're blocking this one. sysco shareholders disappointed. >> joe, cheese pesapeake, one o worst performing stocks of the year. upgraded to a buy. >> they're saying the stock is oversold. i'm not...
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Jun 4, 2015
06/15
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CSPAN2
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. >> will you look at a step process from those are trying to been delayed by the ftc or otherwise versus those who just haven't tried it all? >> i expect it would be merit-based, greg. >> thank you. thank you, mr. chairman. >> committee chairman denham for the next round of questions. >> thank you, mr. chairman. esther boardman, what operational changes as amtrak made since the accident? >> could you ask -- >> in the last three weeks what operational changes as amtrak made and will amtrak be instituting more training and other efforts to ensure engineers are falling all speed limits? >> we did that could change on the northbound section of the frankfort curve as requested by the fra. we've been evaluating the rest of the curves as required by the foia. and also checking out entire northeast corridor to ensure the speed limit signs along the way which all met the requirements of the emergency order. so we have done that. in terms of how we check on our engineers, we have a very robust and regular method that we check engineers. for example just since january 1 of the 2014 until now we've
. >> will you look at a step process from those are trying to been delayed by the ftc or otherwise versus those who just haven't tried it all? >> i expect it would be merit-based, greg. >> thank you. thank you, mr. chairman. >> committee chairman denham for the next round of questions. >> thank you, mr. chairman. esther boardman, what operational changes as amtrak made since the accident? >> could you ask -- >> in the last three weeks what operational...
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Jun 6, 2015
06/15
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CSPAN
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visit the ftc website. identitytheft.gov. just generally be wary of unusual activity involving your financial information. host: tom shoop, thank you for joining us. guest: great being with you. >> on the next "washington journal" voter access. and discussing a nationwide trial to test cancer treatment using dna sequencing. and presidential debates. looking ahead to the 2016 presidential and vice presidential debates. how both parties should proceed in their primary election debates. we will take your calls. on the conversation on facebook and twitter. "washington journal" live at 7 a.m. eastern on c-span. >> this week at the white house president obama met with the king and queen of the netherlands in the first visit to the u.s. since assenting to the throne two years ago. the king and president obama spoke briefly to that media while meeting in the oval office. president obama: it is a great honor to welcome his and her majesties king willem-alexander and queen maxima. they have been wonderful. i thank the people of the neth
visit the ftc website. identitytheft.gov. just generally be wary of unusual activity involving your financial information. host: tom shoop, thank you for joining us. guest: great being with you. >> on the next "washington journal" voter access. and discussing a nationwide trial to test cancer treatment using dna sequencing. and presidential debates. looking ahead to the 2016 presidential and vice presidential debates. how both parties should proceed in their primary election...
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Jun 29, 2015
06/15
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CNBC
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we got the findings from the 2012 ftc review. they did use the word skew.pany that is an open secret. shares are down 3% today. when i talk to hedge fund guys playing this, is this yelp trying to avoid selling itself to google because they are such famed adversaries. what does this say about the future of yelp and where it will land? >> how about the future of any company? i'm at the same level yelp is. traffic from facebook, traffic from twitter, traffic from google, apple news. when we go and fight with them, when we say to them, look, you have your business. we have our business. this is what we're going to do. and martin clark, my boss, says, look, you do what you want to do. we don't cry to the government and say antitrust. we just fight with them, right? it's the world you live in. >> because we know europe will take a much tougher stance, is this a risk to google more so than the last time around focusing on the shopping? >> i think google is in a very tough spot. google needs to do acquisitions and can't do anything without being afraid of the gover
we got the findings from the 2012 ftc review. they did use the word skew.pany that is an open secret. shares are down 3% today. when i talk to hedge fund guys playing this, is this yelp trying to avoid selling itself to google because they are such famed adversaries. what does this say about the future of yelp and where it will land? >> how about the future of any company? i'm at the same level yelp is. traffic from facebook, traffic from twitter, traffic from google, apple news. when we...
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298
Jun 12, 2015
06/15
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CNBC
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eye 298
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. >> i'm not surprised but the ftc is pushing back in some places. s are giving you less and less. they're not shrinking the packaging size but putting less of the product inside. consumers are so upset they brought class action lawsuits. competitors that brought lawsuits saying they're cheating. >> there's regulations about how far you can push it. >> it used to be 8 and now it's 6. >> but it does note on the front net weight. >> but they can't raise prices so they do it this way. >> procter & gamble old spice faced complaints like this in september. you can't see how much was in it but they were putting less and less in the bottles. slim jim got in trouble for violating some rules. >> do you know what it's called with toilet paper, desheeting. that's what i said. did you see that? >> i did see that. [ toilet flushing ] >> there you go. the comedy jokes. >> it will not stand up in court. it's because i'm from cincinnati. i say robutt. >> it's a little funny. >> this squakward moment -- >> i said desheeting. >> one of elizabeth warren's former colleag
. >> i'm not surprised but the ftc is pushing back in some places. s are giving you less and less. they're not shrinking the packaging size but putting less of the product inside. consumers are so upset they brought class action lawsuits. competitors that brought lawsuits saying they're cheating. >> there's regulations about how far you can push it. >> it used to be 8 and now it's 6. >> but it does note on the front net weight. >> but they can't raise prices so...
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116
Jun 7, 2015
06/15
by
CSPAN
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eye 116
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we moved it quickly with the ftc. the testing has occurred and we will get this done by the deadline on the northeast corridor. >> so do you believe the ftc has been responsive enough? or could they be more helpful? >> we think they've been very responsive in the last couple three weeks. yes. >> how long have you been trying to push through. >> we began to run into problems with this in 2012, and they begin to point us to the private sector to buy the spectrum. miss feinberg. >> funding is certainly an issue. spectrum has been an issue. ptc is a complicated technology. it requires, you know, a back office. it requires the antennas, the spectrum transponders. it is a complicated technology and it takes time. you know, the fra requires railroads to submit a safety implementation plan to us so we can go over that plan with the railroads, provide edits and changes and so that we can working to to get them to a place where they're able to implement it. we've received one safety plan from a railroad. it was more than 5,000 p
we moved it quickly with the ftc. the testing has occurred and we will get this done by the deadline on the northeast corridor. >> so do you believe the ftc has been responsive enough? or could they be more helpful? >> we think they've been very responsive in the last couple three weeks. yes. >> how long have you been trying to push through. >> we began to run into problems with this in 2012, and they begin to point us to the private sector to buy the spectrum. miss...
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113
Jun 1, 2015
06/15
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CNBC
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eye 113
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in most places the ftc is coming out in favor of allowing direct sales. hing, they are tiny compared to the oil and gas they see. # >> one last question. i know you have to run. a few weeks ago, out in the bay area and he talked about having a chance to visit your facility and talk with you and tesla. we will see a mega merger or mergers within the auto industry and two, and they approached you about doing a merger. >> there is no way i can do that but i can say no. i had a great meeting with them and & a really enjoyable meeting. and very informal. >> from your perspective for the auto industry as a whole, will we see a mega merger by 2018? >> i think they may know more than do. i don't really follow what our competitors are doing closely in terms of who is americaning with who. they have electric cars and make make it possible towards the goal at tesla from the beginning. that's to make the affordable car. the goal from the start and wish we could have gotten there sooner. we are doing the best we can. >> joining us today and we will spend a few minutes
in most places the ftc is coming out in favor of allowing direct sales. hing, they are tiny compared to the oil and gas they see. # >> one last question. i know you have to run. a few weeks ago, out in the bay area and he talked about having a chance to visit your facility and talk with you and tesla. we will see a mega merger or mergers within the auto industry and two, and they approached you about doing a merger. >> there is no way i can do that but i can say no. i had a great...