Encore Capital Group and Portfolio Recovery Associates are ordered to refund a collected $61 million to customers for allegedly using deceptive strategies to collect debt. CNN reported that the Consumer Financial Protection Bureau charged these two giant debt collectors for buying inaccurate debts, collecting unverified debts, and using illegal strategies to collect debts.
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Ben Affleck, Jennifer Garner attend couple therapy session; Former couple nowhere close to reconciliation?
Divorced couple Ben Affleck and Jennifer Garner has recently attended a couple therapy session. However, rumor has it that the two are still nowhere near reconciliation.
Polish mobile networks Plus and Play against government's plan to shorten high-speed internet bidding period
Polish mobile network operators Plus and Play are for the scraping of the government's plan to shorten the bid period for the high-speed Internet frequencies for fear that it would penalize some bidders.
Alpine Valley Bread will become a subsidiary of Flowers Foods Inc.
Flower Foods Inc. has made the decision to acquire Alpine Valley Bread Company which is a family-owned natural bread producer for $120 million in cash and stock as reported by Source Media.
Immigrants beneficial to Germany in the long run
At a time when anti-immigration groups in Germany are raising voices against the influx of immigrants in big numbers, the debate on whether immigrants would be a burden or beneficial on the economy remains vibrant.
Latest News
"Maze Runner" Kaya Scodelario talks about her role in the upcoming Pirates of the Caribbean 5 and what the producers are up to.
Tech giant Apple released Wednesday a series of product upgrades, including the new iPhone 6S and iPhone 6S plus, Siri-collaborative Apple TV, the enterprise-grade 12.9-inch iPad Pro, and the first ever Apple Pencil, which is a stylus for designers and creatives.
Big Cake Games recently launched its campaign for its post-apocalyptic adventure game “Cold Horizon” in Kickstarter and Steam Greenlight. The game introduces unlikely protagonists and carries a hope theme in its storyline.
Twitter announced Monday that it entered a partnership with giant Indonesian carrier Indosat, allowing its 68 million users to use its direct messaging (DM) feature.
The trailer for "X-Men: Apocalypse" is rumored to be released in October, while Michael Dougherty is just pleased to be back in the franchise.
Warren Buffett lets go of Exxon shares, and buys refiner Phillips stake because of the fluctuating oil prices. Bloomberg reports that the billionaire investor announced Wednesday that his Berkshire Hathaway Inc. sold some $4 billion Exxon Mobil Corp. shares due to the dreary outlook of crude oil prices, buying instead a $4.48 billion stake from refiner Phillips 66.
The Tetraphase Pharmaceuticals Inc. shares had fallen in late trading Tuesday to 80%. This is after a study discovered that its manufactured experimental antibiotic was no better than a standard generic treatment.
Brazil's investment-grade credit falls beyond correction and into junk territory as Standard & Poor's downgraded the country's debt Wednesday. According to a report from The Guardian, Standard & Poor's said that Brazil lost its investment-grade status as it is projected with a negative outlook. This downgrade is unfortunate as the nation enters a recession.
French Industry slumps lower in the third quarter as production unexpectedly fell to 0.8%, a number lowest since November 2014. Economists forecasted a 0.2 increase according to Bloomberg survey, making the 0.8 percent downward curve such a big surprise. The statistics office reported Thursday that French industry output fell by 0.8 percent annually. Meanwhile, manufacturing output also dropped by 1 percent this month.
