Word: credit-card
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Johnny may soon clutch Mom's leg, begging to be taken to Saks. No, he's crying not for the Bruno Magli shoes or credit-card points toward a Disney vacation but for fancy train sets and the latest Legos. In May, Saks--the Birmingham, Ala.--based owner of Saks Fifth Avenue, Parisian and other regional department stores--bought a $5 million stake in upscale toy retailer FAO. Saks plans to add an FAO boutique to 22 of its stores by September and FAO displays in 245 of its locations for the holidays. "FAO should have done this long...
...mother's home in Buffalo, N.Y., Carmack sent an impressive 857,500,000 unsolicited e-mails in one year, something that is perfectly legal in New York State. But Carmack crossed the line, according to EarthLink, his Internet service provider, when he set up 343 accounts using stolen credit-card numbers to send these e-mails...
...Silverstein has taken an even more creative approach. When he wanted to sue a company that refused to stop sending him spam for a penis-enlargement kit but couldn't pin down its real-world address, he simply ordered the $90 kit. The address showed up on his next credit-card statement. "You can hide on the Internet," he says, "but you can't hide from American Express." The offending company eventually settled...
...says. "So we continued to trudge on." But last fall Raltron slashed wages a third time--by more than 20% in Tod's case. He now makes $70,000 a year even though he has taken on additional duties. He and Wendy have cut household spending, but their credit-card debt--and their anxiety--is soaring. Tod says he is grateful just to have a regular paycheck...
...first time in U.S. history that these two institutions were openly authorized to probe into the lives of Americans. In a closed-door meeting of the Intelligence Committee, Democrats rejected a measure that would have allowed the CIA and the Pentagon to issue "national security letters" requiring Internet providers, credit-card companies and other institutions to cough up the personal and financial records of their customers. Says a U.S. intelligence official: "Periodically since 9/11, the folks on the Hill have asked, 'Geez, what kind of authorities would make your job easier?' And so that proposal was proposed...