Recent News

“Nobetes” Dietary Supplement Marketers Settle FTC Complaint Alleging Unsubstantiated Health Claims, Illegal Billing Practices, and Deceptive Endorsements

The officers of a company that marketed and sold Nobetes, a pill they claimed treats diabetes, have settled a Federal Trade Commission complaint alleging that the advertising claims for the product are false or unsubstantiated.The order settling the FTC’s complaint...

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FTC Submits Comment on FDA Guidance Aimed at Deterring Abuse of Citizen Petition Process

The Federal Trade Commission has responded to the Food and Drug Administration’s request for comment on its revised draft guidance, which aims to deter pharmaceutical companies from abusing the citizen petition process to delay approval of and competition from...

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Ghosn may face longer detention as new allegations are made

New details of Carlos Ghosn's alleged financial misconduct have come to light amid mounting speculation the ousted Nissan chairman could be re-arrested by Japanese prosecutors as investigators probe new allegations. ... Read More »

Promoting fair, equitable, and nondiscriminatory access to credit: 2017 Fair Lending Report

The Bureau’s annual Fair Lending Report to Congress highlights 2017 work to promote fair, equitable, and nondiscriminatory access to credit. ... Read More »

Mercedes holds its lead over BMW in U.S. luxury race

Despite an anemic 0.6 percent increase in November U.S. sales, Mercedes-Benz remained No. 1 among luxury brands last month. ... Read More »

VW: Audi drops 11% while VW brand slides 8%

Volkswagen sales slid 8 percent in November to 26,789, despite record Tiguan sales. Audi sales fell 11%, their second consecutive month of decline. ... Read More »

GM starts white-collar cuts with contract workers

General Motors is already cutting some white-collar contract workers, a month ahead of announced plans to slash its internal salaried work force. ... Read More »

Tesla on Autopilot drove 7 miles with sleeping drunken driver, police say

The California Highway Patrol had some trouble pulling over a Tesla Model S after the driver was determined to be asleep behind the wheel while the vehicle operated on Autopilot. ... Read More »

Genesis Unveils Virtual Showroom

Genesis officially launched its new, web-based 3D configurator and Instagram Stories configurator, both targeted to car buyers shopping from home. ... Read More »

Lincoln is the only bright spot in Ford’s November sales report

Except for gains at Lincoln, Ford's November sales dropped in nearly every measurable category. ... Read More »