By Ellen Roseman Personal Finance Columnist Mon., April 16, 2018 In April 2017, LG Electronics faced a U.S. class action lawsuit involving a defect with its phones, including the G4, G5 and the Google Nexus 5X. LG admitted to a manufacturing issue, caused by loose contact between components, which would make the phone attempt to restart endlessly until the battery was completely drained. Nicknamed “boot loop,” this can be a fatal condition for smartphones, rendering them useless. Early this year, LG settled the U.S. class action suit by giving affected consumers the option to receive cash or a rebate on a future LG phone. LG also extended the warranty to 24 months for phones with the boot loop defect, which often kicks in after the one-year warranty expires. Article Continued Below But in the past month, I’ve heard from people who didn’t qualify for LG’s warranty extension to 24 months. They felt stuck in an endless loop of … [Read more...] about LG, Google Nexus phone defect leaves consumers stuck in an endless loop
Canadian dollar vs us dollar
By Heather Mallick Star Columnist Tues., March 27, 2018 How pleasant it is to be in Canada, land of restitution, brief umbrage, total apologies, minor differences, peace, order, a government trying very hard to be good, and free speech as long as it isn’t rude. I’m not saying Canada doesn’t have huge problems — the suffering of Indigenous people, a changing climate, and inadequate health care being three — but compared to the bedlam south of the border where, as James Baldwin said of race, “to be relatively conscious is to be in a rage almost all the time,” we’re a haven of petty disagreements. Canadians quarrel, or are egged on to quarrel by plodding Conservative Party leader Andrew Scheer whose slogan seems to be “I am not Mister Fancy.” Well, no one said you were. It seems unreal that anyone would care about Prime Minister Justin Trudeau’s socks, or deplore young people for asking him for … [Read more...] about Can Canada shake its habit of fighting over tiny things?
By Gordon Stein Special to the Star Sun., March 11, 2018 Toronto author Gordon Stein combined his mechanical engineering degree, his experience working in sales, marketing and operations, and a love of helping others to write the new book Cashflow Cookbook. Stein calls it “simple, fun and very approachable” — 60 financial “recipes” that, he says, can add up to $2 million in wealth if applied together over 10 years. But “you can skip parts of it — let’s say you don’t own a car, so you can just skip that section,” he says. “It’s like a cookbook as in you don’t have to read it cover to cover.” Stein said the recipe idea and the food puns were an influence from his mother, Thelma Barer-Stein, who died this past summer and published numerous books on food. Stein, from London, Ont., but who currently lives in Toronto, wanted his book to stand out among other financial help books, making it … [Read more...] about Travel bill tostada: A recipe from the Cashflow Cookbook