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Time Warner told Ohio man he owed over $16 million for cable service

Most Americans live their lives working hard, supporting themselves and their families, quietly dreading outrageous utility bills, which can be a serious pitfall of life in the poor lane. But as one man in Ohio learned recently, you can’t always take obscene corporate demands seriously. All Daniel DeVirgilio said he…

Fur flies in battle of chocolate bunnies

VIENNA (Reuters Life!) – An Austrian chocolate company vowed on Tuesday to appeal a ruling by a Vienna court that stops it from producing Easter bunnies resembling those made by Switzerland’s Lindt & Spruengli. Austria’s Hauswirth has been locked in a seven-year battle with larger confectioner Lindt over the chocolate figures. Both chocolatiers make the…

AIG plans to buy back its bad mortgages

DUBROVNIK, Croatia (Reuters) – Bailed-out insurer American International Group<AIG.N> is working hard to invest cash it set aside for a failed deal to buy back assets from the Federal Reserve, Chief Executive Bob Benmosche said on Tuesday. But the company is still looking at taking part in the auction the Fed set up for the nearly…

US lawmakers target ‘rogue websites’ with online infringement act

Democratic and Republican members of the US Congress pledged Monday to pass legislation that would give US authorities more tools to crack down on websites engaged in piracy of movies, television shows and music and the sale of counterfeit goods. Senator Patrick Leahy, a Democrat from Vermont who chairs the…

Mercedes-Benz recalls U.S. M-Class vehicles

DETROIT (Reuters) – Daimler AG’s Mercedes-Benz is recalling 136,750 M-Class and M-Class AMG vehicles in the United States made from 1999 to 2004 for issues related to cruise control that may lead to a crash, U.S. federal safety regulators said. A filing with the U.S. National Highway Traffic Safety Administration shows that…

Google could be target of FTC antitrust probe: report

NEW YORK (Reuters) – The Federal Trade Commission is considering an antitrust investigation of Google Inc’s dominance of the Web search industry, Bloomberg reported on Monday, citing two people familiar with the matter. Before deciding whether to launch such an investigation, the FTC is waiting for the Justice Department to decide whether…

Japan radiation dump drives TEPCO shares down

TOKYO (AFP) – Shares in the operator of Japan’s crippled nuclear plant plunged Tuesday after Tokyo Electric Power Co. started pumping radioactive water into the sea as part of emergency operations. The embattled utility’s share price fell to 376 yen at one stage — below TEPCO’s all-time closing low of…

Oregon Supreme Court urged to block warrantless cell phone searches

A digital rights organization told the Oregon Supreme Court that allowing law enforcement officials to search arrestees’ cell phones violates privacy protections guaranteed by the Constitution. In the case Oregon v. Nix, police officers searched through the data on a criminal suspect’s cell phone after he had been arrested and…

With no degree and little expertise, Wisconsin Governor’s appointee pulls in big bucks

It’s good to be born to people who know people. That’s largely the perception many Wisconinites are taking away from this weekend’s revelation that the son of a major political donor to Republican Governor Scott Walker landed a very well-heeled post in the state’s Department of Commerce with apparent ease.…

Transocean gives bonuses for ‘best year in safety’ … that left 11 dead

It’s still too soon to say exactly who was to blame for the Deepwater Horizon disaster in the Gulf last year, but already rig owner Transocean is congratulating itself for its safety record, and dishing out the bonuses. In federal filings revealed over the weekend by The Wall Street Journal,…

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