Gasoline prices are up nearly 20 cents from a month ago. High prices at the pumps could turn into a liability for President Obama — if Republicans have their way. The White House insists its policies are not to blame.
The country's largest cable company Comcast announced it's going to carry four new channels geared toward African American and Latino audiences. Owners include Magic Johnson, Sean "Diddy" Combs and movie director Robert Rodriguez. Comcast promised Congress nearly two years ago that it would carry more minority-owned and operated networks in its bid to acquire NBC-Universal.
With every announcement that Europe has finally dealt with its debt crisis there is a sigh of relief — and then reality sets in. There is a lot of skepticism this time because the Greek economy needs to start growing in order for it to make debt payments. And so far all the signs point toward a continuing contraction.
Johnson and Johnson has been struggling with lawsuits and product recall issues — most recently it was bottles of infant Tylenol. Current CEO William Weldon plans to retire in April. His replacement will be Alex Gorsky, a Johnson & Johnson executive who has dealt with its supply-chains.
A Boston city councilor wants to enlist the help of valets in keeping drunken drivers off the road. "They are literally our last line of defense," says Rob Consalvo. But critics say that's too much responsibility for valets who, unlike bartenders, are not trained to spot intoxication.
The Consumer Financial Protection Bureau says it's looking to overhaul rules on overdraft fees. New limits on those fees could cause banks to raise other fees, but such moves have met resistance from consumers.
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