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The Federal Trade Commission building in Washington on Wednesday, Jan. 28, 2015. The nation's largest prepaid mobile provider, TracFone Wireless, will pay $40 million to settle government claims that it misled millions of smartphone customers with promises of unlimited data service. The FTC said that TracFone's advertising promised unlimited data, but the company then drastically slowed down consumers' data speeds, a practice known as throttling, when they had used a certain amount of data within a 30-day period. In some cases, the FTC said, the company cut off customers' data service when they ran over the limit. (AP Photo/Alex Brandon)

Mobile provider TracFone to pay $40M in federal settlement

Sunday, February 1, 2015

The nation’s largest prepaid mobile provider, TracFone Wireless, will pay $40 million to settle government claims that it misled millions of smartphone customers with promises of unlimited data service. The Federal Trade Commission said Wednesday that TracFone’s advertising promised unlimited data, but the company then drastically slowed down consumers’ data speeds – a practice known as throttling – when they …

Subprime bonds are back in U.S. with a new name

Sunday, February 1, 2015

The business of bundling riskier U.S. mortgages into bonds without government backing is gearing up for a comeback. Just don’t call it subprime. Hedge fund Seer Capital Management, money manager Angel Oak Capital and Sydney-based bank Macquarie Group are among firms buying up loans to borrowers who can’t qualify for conventional mortgages because of issues such as low-credit scores, foreclosures or hard-to-document income. …

Greek leader vows to pay off debts

Saturday, January 31, 2015

A day after Greece appeared on a collision course with its creditors, new radical left Prime Minister Alexis Tsipras has tamped down the rhetoric by vowing to pay off debts and not act unilaterally. Finance Minister Yanis Varoufakis, who had a tense meeting with Eurogroup leader Jeroen Dijsselbloem in Athens on Friday, has …

Uber rivals offer Teslas and therapy

Saturday, January 31, 2015

Need a trained therapist to go over marital woes during your taxi trip to work? Or maybe you’d like to get there in a Tesla? The services are optional extras being offered by Taxi Stockholm as a way to stay competitive as Uber Technologies Inc. enters the Swedish …

Regulators shoot down plan for new herring protections

Friday, January 30, 2015

In a decision lauded by state regulators and decried by environmentalists, federal regulators ruled this week that a plan to extend greater conservation efforts to river herring is not necessary at this time. The New England Fishery Management Council yesterday rejected a plan to bring river herring and …

USDA revises maple syrup grading with descriptive terms

Wednesday, January 28, 2015

Grading standards for maple syrup have been revised to match international standards, the U.S. Department of Agriculture said yesterday, and now consumers can have a better understanding of what topping they’re buying. The revisions to the voluntary standards …

Milk industry fights back against ‘anti-dairy folks’

Monday, January 26, 2015

The milk industry is fed up with all the sourness over dairy. As Americans continue turning away from milk, an industry group is pushing back at its critics with a social media campaign trumpeting the benefits of milk. …

5 ways unmanned drones could affect the American food supply

Monday, January 26, 2015

Herding cattle. Counting fish. Taking an animal’s temperature. Applying pesticides. When it comes to drones, “your imagination can go pretty wild in terms of what would be possible,” says Roger Johnson, president of the National Farmers Union. This …

Chapter 11 clips SkyMall mag’s wings

Monday, January 26, 2015

Farewell, frivolous in-flight shopping. SkyMall, the wacky airline catalog that has long filled the seat pockets of so many commercial airplanes, could finally be folding its pages. Xhibit Corp., SkyMall’s parent company, announced Friday that it had filed for Chapter 11 bankruptcy, citing the quarterly magazine’s inability to …

Business people for Jan. 26, 2015

Monday, January 26, 2015

Donald Carter recently joined North Branch Construction in Concord as its new safety director. Carter is a safety professional with numerous years of experience as a safety trainer, previously owning his own safety consultation business. He is a …

Business notes for Jan. 21, 2015

Monday, January 26, 2015

Fact sheets are available from the Department of Health and Human Services detailing what New Hampshire tax filers need to know to prepare federal taxes. This is the first time people will need to provide basic information regarding their health insurance. To learn more, visit irs.gov or healthcare.gov/taxes. …

Fat tires, fat bikes, a growing fad among N.H. outdoor enthusiasts

Monday, January 26, 2015

You may have seen them rumbling on trails at Bear Brook State Park in Allenstown, or through Clough State Park in Dunbarton. The fat tires are what you’d remember, the distinct feature of fat bikes, a growing fad …

NH, Maine, Vermont snowmobile sharing coming up next weekend

Saturday, January 24, 2015

Snowmobilers in New Hampshire, Vermont and Maine are going to take part in an upcoming three-day weekend when riders registered in any one of those states can explore the trails of the other two states for free. Starting Friday, any snowmobile legally registered in any of the participating …