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FTC to retailers: Drop your caffeinated drawers

9-30-14
PORTLAND, Ore. (AP) — If you purchased caffeine-infused underwear because of promises it will make you thinner, federal regulators say you were hoodwinked — but at least you can get your money back. The Federal Trade Commission announced this ...

Businessman sentenced to prison term in fraud case

9-30-14
NEWARK, N.J. (AP) — Federal prosecutors in New Jersey say a Georgia businessman who defrauded investors out of more than $800,000 is headed to prison. Ronnie Singleton, of Lithonia, received a 27-month term when he was sentenced Tuesday. He also ...

Feds say hackers targeted Microsoft, game makers

9-30-14
WILMINGTON, Del. (AP) — Two men accused of being members of an international hacking ring that accessed a U.S. Army computer network and targeted computer giant Microsoft and other companies have pleaded guilty to federal conspiracy charges. ...

Johnson & Johnson buying Alios for $1.75B

9-30-14
NEW BRUNSWICK, N.J. (AP) — Johnson & Johnson is buying the biopharmaceutical company Alios BioPharma Inc. for about $1.75 billion. Alios is a privately held company that focuses on developing therapies for viral diseases. The deal includes Alios' ...

Revel auction still taking bids, did not adjourn

9-30-14
ATLANTIC CITY, N.J. (AP) — The bankruptcy auction of Atlantic City's former Revel Casino Hotel is continuing to weigh bids, and did not adjourn until next week as one participant said it would. Late Tuesday night, the attorney for Florida developer ...

Supervalu, Albertsons disclose new data breach

9-29-14
NEW YORK (AP) — The parent companies of the Supervalu and Albertsons supermarkets say they have uncovered another breach of their computer networks, potentially compromising data from consumers. The companies say that in late August or early ...

Attorney: ‘Appalling’ for Wal-Mart to blame Morgan

9-29-14
NEWARK, N.J. (AP) — An attorney representing actor-comedian Tracy Morgan says it's "appalling" that Wal-Mart calls Morgan partly to blame for injuries he suffered in a New Jersey highway accident involving one of the company's trucks. Morgan filed ...

Tropicana demands big union givebacks

9-29-14
ATLANTIC CITY, N.J. (AP) — Atlantic City's main casino workers' union says the Tropicana is demanding major givebacks in its next contract to avoid the fate of four casinos that have shut down so far this year. Bob McDevitt, president of Local 54 ...

AP: Mayor nixes tax break for Taj Mahal casino

9-29-14
ATLANTIC CITY, N.J. (AP) — Atlantic City's mayor says he can't offer massive tax breaks that the owner of the Trump Taj Mahal and would-be owner Carl Icahn are demanding to keep the casino open. Mayor Don Guardian tells The Associated Press that ...

Report: Gambling industry paid out $38B in taxes

9-29-14
LAS VEGAS (AP) — Gambling officials say the industry paid out a jackpot-worthy $38 billion in federal, state and local taxes in 2013. It's the first time the American Gaming Association has added tribal casinos and casino game makers into the mix ...