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Ct Hospitals Required To Tell Patients Of Observation Care Status

September 30, 2014
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Ct Hospitals Required To Tell Patients Of Observation Care Status

By: Susan Jaffe Starting Wednesday, a new state law requires Connecticut hospitals to tell all patients when they are being kept in the hospital for observation instead of being admitted and to warn them about the financial consequences. Anyone who goes to the hospital can be placed on observation status, so that doctors can...

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Fed Operation ‘Full Disclosure’ Targets More Than 60 National Advertisers

September 30, 2014
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FTC Initiative Aims to Improve Disclosures in Advertising After reviewing numerous national television and print advertisements, staff of the Federal Trade Commission has sent warning letters to more than 60 companies – including 20 of the 100 largest advertisers in the country – that...

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Walmart To Offer Low-cost Checking Account

September 30, 2014
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Walmart is once again expanding its products and services. After years of rumors about entering the financial services area, Walmart will now offer a low-cost checking account. The mobile checking account will be offered as part of a partnership with Green Dot, and will...

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What We’ve Learned From Four Years of Diving Into Dollars for Docs

September 29, 2014
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What We’ve Learned From Four Years of Diving Into Dollars for Docs

Payments from pharmaceutical companies touch hundreds of thousands of doctors. The 17 companies we’ve tracked spent $1.4 billion in 2013 alone. Here are our top five takeaways from following all that money. (David Sleight/ProPublica) This story was co-published with...

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FTC Stops Abusive Debt Collection Operation That Threatened Consumers with Legal Action and Arrest for Not Paying ‘Phantom’ Debts

September 29, 2014
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The Federal Trade Commission has halted the abusive debt collection practices of an operation that used fictitious names and threatened consumers into paying debts they may not have owed. Under settlements with the FTC and a default judgment by...

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At FTC’s Request, Court Halts Bogus Bitcoin Mining Operation Butterfly Labs Allegedly Delayed Shipment or Failed to Deliver Paid-For Bitcoin Mining Computers, Costing Consumers Tens of Millions

September 28, 2014
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At the request of the Federal Trade Commission, a federal court has shut down Butterfly Labs, a Missouri-based company that allegedly deceptively marketed specialized computers designed to produce Bitcoins, a payment system sometimes referred to as “virtual currency.” The...

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Pro-Troop Charity Misleads Donors While Lining Political Consultants’ Pockets

September 27, 2014
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Pro-Troop Charity Misleads Donors While Lining Political Consultants’ Pockets

Move America Forward has collected millions to send care packages to U.S. troops. But its appeals often rely on images and stories borrowed without permission, and its assets have been used to benefit political consulting firms and PACs. by...

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Ct Officials Issue Warning about Bogus “Winning” Lottery Tickets Being Sold

September 27, 2014
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The Gaming Division of the Department of Consumer Protection is warning consumers that a person or persons in the Bridgeport and Norwalk areas are selling instant lottery tickets that have been altered to appear to be winning tickets, when...

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Inside the New York Fed: Secret Recordings and a Culture Clash

September 26, 2014
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Inside the New York Fed: Secret Recordings and a Culture Clash

A confidential report and a fired examiner’s hidden recorder penetrate the cloistered world of Wall Street’s top regulator—and its history of deference to banks. by Jake Bernstein Barely a year removed from the devastation of the 2008 financial crisis,...

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