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BOSTON - A group of Massachusetts auto dealers have agreed to change their advertising practices and pay fines after Attorney General Martha Coakley accused them of using deceptive ads.
The agreement requires Clay Nissan, Peter Fuller Enterprises, Lawless Chrysler Jeep, Nissan Automobiles of Marlborough, Olsen Cadillac, Saturn of Medford and South Shore Imported Cars to stop advertising cars with asterisks next to the price. Fine print then reveals the cost is higher than first shown.
The agreement announced Tuesday is part of an initiative by Coakley's office to target false and misleading advertising practices throughout the state.
In January, Coakley reached a similar agreement with eight other car dealers and received fines of $290,000.
U.S. stocks were mixed on Thursday after retailers reported mostly disappointing sales while other big-name companies announced layoffs and Europ...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week.
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