BMW Recalling Mini Cooper S Vehicles for Tailpipe Burns

After NHTSA issued an initial decision that MY 2007 and some MY 2008 Mini Cooper S vehicles contained a safety-related defect that could result in burns due to contact with the tail pipes, BMW has decided to recall the vehicles rather than contest NHTSA's initial decision in a public hearing on the issue...... BMW Recalling Mini Cooper S Vehicles for Tailpipe Burns

Bogus computer scan for free: Court Halts Bogus Computer Scans

At the request of the Federal Trade Commission, a U.S. district court has issued a temporary halt to a massive "scareware" scheme, which falsely claimed that scans had detected viruses, spyware, and illegal pornography on consumers' computers. According to the FTC, the scheme has tricked more than one million consumers into buying computer security products such as WinFixer, WinAntivirus, DriveCleaner, ErrorSafe, and XP Antivirus. The court also froze the assets of those responsible for the scheme, to preserve the possibility of providing consumers with monetary redress. Bogus Computer Scareware Scans: Court Halts Bogus Computer Scans

Sony BMG Music Settles Charges Its Music Fan Websites Violated the Children’s Online Privacy Protection Act

Sony BMG Music Entertainment (Sony Music) has agreed to pay $1 million as part of a settlement to resolve Federal Trade Commission charges that it violated the Children’s Online Privacy Protection Act (COPPA) and the Commission’s implementing Rule.  Sony BMG Music Settles Charges Its Music Fan Websites Violated the Children’s Online Privacy Protection Act

OCC, Wachovia Enter Revised Agreement to Reimburse Consumers Directl

The Office of the Comptroller of the Currency (OCC) has entered into an amended settlement agreement with Wachovia Bank, National Association directing the bank to issue checks to consumers that may have been harmed by payment processors for telemarketers that had account relationships with Wachovia. OCC, Wachovia Enter Revised Agreement to Reimburse Consumers Directly

IRS: Interest Rates Drop for the First Quarter of 2009

The Internal Revenue Service today announced in Revenue Ruling 2008-54 that interest rates for the calendar quarter beginning Jan. 1, 2009 will drop by one percentage point. The new rates will be... IRS: Interest Rates Drop for the First Quarter of 2009

Do Foreclosures Lead to Increased Violent Crime?

A sobering fact repeated in many of these stories is that an increase in the foreclosure rate in a neighborhood can lead to an increase in the rate of violent crime. Do Foreclosures Lead to Increased Violent Crime?

IRS Offers Tips for Year-End Donations

Individuals and businesses making contributions to charity should keep in mind several important tax law provisions that have taken effect in recent years. IRS Offers Tips for Year-End Donations