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FTC Charges Gerber with False Advertising

Photo by Mario Tama/Getty Images(NEW YORK) -- The Federal Trade Commission has charged baby food maker Gerber Products Co. with false advertising for claims that its Good Start Gentle formula will prevent or reduce a child's risk of developing allergies.A

NHTSA Calls on Airbag Maker to Provide Documents, Answer Questions

bizoo_n/iStockphoto/Thinkstock(WASHINGTON) -- The National Highway Traffic Safety Administration (NHTSA) is stepping up its investigation of the faulty airbags that resulted in the recall of more than seven million vehicles.NHTSA Deputy Administrator Davi

Teen's Present From Dad Turns Her Into Multimillionaire on 19th Birthday

Ingram Publishing/Thinkstock(CHICAGO) --  A very happy birthday, indeed!When Deisi Ocampo woke up on her birthday on Oct. 6, she had no idea the gift her father had given her would soon make her a multi-millionaire.“I rarely play the lottery,&r

Wall Street Soars on Positive Earnings Report

vichie81/iStockphoto/Thinkstock(NEW YORK) -- The markets rallied from a down day Wednesday on the back of positive earnings reports.The Dow Jones Industrial Average soared 221.11 point, climbing to 17,195.42.The Nasdaq jumped to 4,566.14, gaining 16.91 on

Feds Fine Dating Sites for Alleged Use of Fake Dating Profiles

iStock/Thinkstock(WASHINGTON) -- In a settlement just reached, the Federal Trading Commission is fining more than 12 online dating sites about $600,000, saying those sites created fake profiles to lure users into upgrading to paid memberships.According to

101-Shot Latte Takes Biggest Starbucks Drink Record

Courtesy Bill Lewis(NEW YORK) -- With the last drink clocking in at a measly 60 espresso shots, this 101-shot drink is definitely now the biggest free Starbucks drink on record.Bill Lewis, a credit repair and identity theft expert in Florida, has over 10,

Hasbro Makes Move to Help Pay for 'Operation' Creator's Surgery

M.L. Gray/Fort Worth Star-Telegram/MCT via Getty Images(NEW YORK) -- Toy giant Hasbro has stepped forward to help the creator of one of it’s most popular board games, Operation, pay for an operation of his own.John Spinello, who created what would b

Microsoft Unveils New Wearable Fitness Device

Microsoft(NEW YORK) -- Microsoft introduced a new wearable health and fitness device that is on sale Thursday. The Microsoft Band is $199 and works with Windows Phone, iOS and Android. The device joins the competitive health wearables market with the like

Apple CEO Tim Cook 'Proud to Be Gay'

Kevork Djansezian/Getty Images(NEW YORK) -- Tim Cook is “proud to be gay.” The Apple CEO makes this declaration in an essay titled “Tim Cook Speaks Up” for Bloomberg Businessweek.While Cook has never been secretive about his sexual

Windowless Planes to Hit Skies in Next Decade

Centre for Process Innovation(NEW YORK) -- Imagine flying on an airplane and being able to see the clouds all around you. That’s what one company plans on achieving in the next 10 years -- an airplane without windows.The Centre for Process Innovatio

Jobless Claims Jump to 287K

iStock/Thinkstoc(WASHINGTON) — Jobless claims were higher last week, increasing by 3,000, according to the latest figures released Thursday by the Labor Department.For the week ending Oct. 25, the number of people filing for benefits jumped to 287,0

IRS Announces Tax Guidance Related to Ebola Outbreak in West Africa

MariuszBlach/iStockphoto/Thinkstock(WASHINGTON) -- The Internal Revenue Service issued tax guidelines regarding charitable and other relief related to the Ebola outbreak in Guinea, Sierra Leone and Liberia.The IRS press release notes two tax designations

Federal Reserve Ends Bond-Buying Program, Will Keep Interest Rates Low

Cameron Whitman/iStockphoto/Thinkstock(WASHINGTON) -- The Federal Reserve announced on Wednesday that it would end its recession-era bond purchasing program, noting improvement in the labor market and the financial landscape.According to a press release,

Wall Street Dips on Wednesday, Fed to End Bond-Buying Program

iStock/Thinkstock(NEW YORK) -- The markets fell on Wednesday, following a strong start to the week.The Dow Jones Industrial Average dipped 31.44 to 16,974.31, falling back below 17,000 just one day after it jumped back over the milestone.The Nasdaq slumpe

UPS Driver Caught Mishandling $12K Package on Video

iStock/Thinkstock(NEW YORK) -- UPS reps were “horrified” recently when they watched a store’s surveillance video showing one of their drivers treating a package with little care, a store associate said.“[The UPS driver] just basica

Apple Pay Competitor CurrentC Falls Victim to Hackers

CurrentC(NEW YORK) -- CurrentC, the mobile payments solution being tested by Walmart and other retailers, confirmed on Wednesday it has been hacked."Within the last 36 hours, we learned that unauthorized third parties obtained the e-mail addresses of some

Chrysler Recalls 380,000 Trucks over Fuel-Heater Housing Issue

Chrysler(AUBURN HILLS, Mich.) -- Chrysler is recalling 381,876 trucks worldwide over an issue with fuel-heater housings that could lead to a fire.The affected vehicles are mostly in the U.S. and include 2010-2014 Ram 2500 and 3500 pickups along with 4500

Victoria's Secret 'Perfect Body' Campaign Draws Social Media Outrage

Victoria's Secret(NEW YORK) — A recently-launched Victoria's Secret campaign is coming under a social media firestorm for what some consider body shaming.The company, long known for featuring beautiful models with enviable figures, may have taken th

Elon Musk Called Orbital Sciences' Rocket Design a 'Joke' in 2012

NASA/Joel Kowsky(NEW YORK) -- Almost exactly two years before Orbital Sciences' rocket exploded Tuesday during a launch in Virginia, SpaceX founder Elon Musk mocked his competitor, calling its rocket design a "joke."Orbital Sciences Corp., headquartered i

Hewlett Packard Unveils New Sprout Computer

Hewlett Packard(NEW YORK) -- Hewlett Packard unveiled a new computer Wednesday that is so intuitive you probably already know how to use it.Called "Sprout," the dual-screen computer is being billed as a game changer in the desktop market by seamlessly mar

Holiday Shoppers Putting Recession Woes Behind Them

iStock/Thinkstock(NEW YORK) — Are holiday shoppers ready to spend like they did before the Great Recession?A new Gallup poll says that seems to be the case but things could change by Thanksgiving.When asked how much they expect to spend, the average

Family Business Finds a Pleasant Way to Pick Up Dog Poop

iStock/Thinkstock(NEW YORK) — Anyone who’s ever owned a dog probably knows about the most dreaded part of walking Fido: the clean-up after your pet has done his business, which usually means carrying around a stinky bag afterwards.Bob Crimmins