Yamaha settles FTC case over safety claims for motorcycles
The FTC announced Yamaha and its agency will stop claiming motorcycles are as safe as cars. They must warn Learn to Ride participants that motorcycles have a higher risk of death or serious injury and send corrective letters to 140,000 former participants.
MENTIONED IN THIS ARTICLE
Washington
UPI
Yamaha
Yamaha International Corp
Buena Park
Calif
Federal Trade Commission
Botsford Ketchum Inc
San Francisco
FTC
McGovern challenges Simon on food stamp fraud claim
Sen. George McGovern called on Treasury Secretary William Simon to substantiate his charge that food stamps are a haven for con artists. McGovern cited Agriculture surveys showing fraud at under 0.1 percent and invited Simon to testify before the Senate nutrition committee, warning a mere retraction would end the matter.
MENTIONED IN THIS ARTICLE
Washington (Ap
George McGovern
D.D
Secretary of the Treasury
William Simon Friday
Department of Agriculture
McGovern
Simon
Senate Committee On Nutrition and Human Needs
Treasury
Executives' pay rises with 1974 profits report
McKinsey and Co releases its 21st annual executive compensation survey showing 9.2 percent average pay increases among 526 chiefs in office in 1973 74 across 577 major U.S. corporations. Profits rose 9.8 percent, with pay partly tied to sales and profits.
MENTIONED IN THIS ARTICLE
New York
McKinsey & Co
U.S
McKinsey
George Foote
Foote
FTC moves to crack down on health spa fraud nationwide
The Federal Trade Commission proposes industry wide rules to curb deceptive spa practices and require refunds. Consumers over 35 or with heart issues would need doctor clearance before buying spa memberships. The plan includes a three day cooling off period and prorated refunds, with caps on cancellation fees and bans on contracts over two years.
MENTIONED IN THIS ARTICLE
Washington
UPD
Federal Trade Commission
Grain inspector Matherne indicted for bribery in grain export probe
New Orleans federal grand jury indicted Louis H. C. Matherne of Gretna for taking 6500 dollars from grain export coordinator Alan Richard Iliff and passing 700 to two licensed inspectors. He allegedly lied to the grand jury in 1975 about the payments. The case closes the current panel’s phase of a nationwide grain handling probe.
MENTIONED IN THIS ARTICLE
New Orleans
Louis H. C. Matherne
Gretna
Delta Weighing and Inspection Bureau
Delta
Matherne
Alan Richard Iliff
Tabor and Co
Nevada
Clarence P. Baker Jr
Tivon Leon Dupuy
Baker
Dupuy
Grand Jury
Ments
EPA says catalytic converters not fire hazard if engine okay
The EPA stated that catalytic converters pose no fire risk to cars or vegetation when engines are properly maintained. A poorly running engine could raise converter temperatures to about 1200 degrees Fahrenheit, creating a fire hazard. The agency responded to an Insurance Institute for Highway Safety report raising federal concern about forest fire risks.
MENTIONED IN THIS ARTICLE
Washington
UPD
Environmental Protection Agency
EPA
Insurance Institute For Highway Safety
Government questions flour millers over price hikes
Washington AP The inflation watchdog challenged Pillsbury General Mills and International Multifoods to justify 8.5 to 10 percent flour price increases. The council noted futures wheat prices rise on Soviet demand and a smaller harvest, and asked how future costs translate into current prices. The agency has no power to block the rises.
MENTIONED IN THIS ARTICLE
Washington
George Eads
Council On
Pillsbury
General Mills
International Multifoods
Soviet Union
Council
General Mills and International
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McGraps Simon
Spas
Nin
Chandlers
BankAmericard
Pepperwood
Lakewood Center
Los Cerritos Center
Eads
Westminster Mall
Art Winn
Howard Johnson’s
South St. Westminster Mall
D. Fray
Golden West St
Oka
Lumber Company
Overcote
Sinare Rstart
Redwood
Rene
Radhood
Barr Lumber
PRI
FILON
Barr’s Price
Los Alamitos Blvd
Los Alamitos
ST T
Willow
Cerritos
Kotetic
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