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Jun 21, 2013

Supreme Court’s arbitration ruling puts consumers on notice

By Mitch Lipka

(Reuters) – Just about anyone who has a credit card, bank account or a relationship with a financial services company is likely to have agreed to settle a dispute through arbitration and forfeit the right to sue.

The legality of that practice was buttressed by the U.S. Supreme Court on Thursday when it delivered yet another blow to class action lawsuits by ruling in favor of an arbitration agreement that prevents merchants from banding together to make antitrust claims against American Express Co.

Jun 21, 2013
Jun 19, 2013

The end of room service? Not so fast

June 19 (Reuters) – When the New York Hilton Midtown said it
was dispensing with room service starting in August, it caught
the attention of frequent travelers who, after getting in from a
long flight, have come to count on being able to order a burger
at 2 a.m.

The news was particularly significant since room service
itself was popularized about a half mile away in the 1930s at
the Waldorf Astoria Hotel, which is now also part of the Hilton
chain.

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    • About Mitch

      "Mitch Lipka is editor of TheConsumerChronicle.com and is a veteran consumer columnist, editor and reporter. Most recently, he led a 10-person consumer reporting team at AOL’s personal finance channel, WalletPop.com. He received the 2010 New York Press Club award for best consumer writing on the web and is the 2011 Best Friend honoree from Kids in Danger for his work covering child product safety. Mitch has been a reporter and editor for more than 25 years and has worked for The Philadelphia Inquirer, the South Florida Sun-Sentinel and Consumer Reports. The opinions expressed here are his own."
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