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Department of Education shuts down for-profit Corinthian Colleges

July 14th, 2014 at 7:38 am » Comments Off

Federal regulations are designed to make sure that colleges that don’t offer a good value to students, don’t get student aid money. Corinthian Colleges will put 85 of its U.S. campuses up for sale and close the remaining dozen under an agreement with the U.S. Department of Education. The for-profit college chain operates campuses under […]



Coolant smugglers reap large profits

September 11th, 2012 at 1:38 pm » Comments (0)

The Marcone company of St. Louis was implicated in a coolant smuggling scheme. A trusted senior vice president of a century-old company from America’s heartland had been caught on a wiretap buying half a million dollars in smuggled merchandise, much of it from China.  And now the chief executive of the company was on the […]



Recent PokerStars-DOJ Deal Will Change the Future of Online Poker Forever

August 16th, 2012 at 4:16 pm » Comments (0)

  New rulings mean big changes in the online poker world. Two weeks ago, online poker site PokerStars.com  reached a settlement agreement with the United States Department of Justice in the amount of $731 Million dollars in relations to charges brought against them in April of 2011. In addition, the settlement included terms that saw PokerStars […]



Despite regulatory efforts overdraft fees are rising

June 8th, 2012 at 7:12 pm » Comments (0)

Banks have imposed other harsh penalties on consumers for minor lapses. Despite efforts by regulators to to rein in aggressive practices by banks checking account overdraft fees have jumped during the past two years, according to new reports by two nonprofit groups.



HP busted for putting less and less ink into printer cartridges

May 11th, 2012 at 9:43 am » Comments (0)

What you see is not what you get. The price for HP ink cartridges isn’t shrinking but the amount of ink that HP puts into those cartridges sure has, according to an investigation by HP Ink Cartridges.co.uk. The site took two of the same model of ink cartridges, the HP 350. One was produced in […]



U.S. on track to stop funding clean tech

April 25th, 2012 at 7:54 am » Comments (0)

Sucks for American clean tech. Never mind that the industry is pretty universally regarded as one of tomorrow’s most important drivers of job growth and innovation—the already too-meager, maddeningly scattershot government support for clean energy is about to dry up altogether. So, goodbye ARPA-E? David Roberts points us to this graph from a newish report […]



Reading all the privacy policies you “agree” to would take a month per year

April 24th, 2012 at 10:44 am » Comments (0)

How much time do you have to read the privacy policies you encounter? In The Cost of Reading Privacy Policies, by Aleecia M. McDonald and Lorrie Faith Cranor, the authors calculate that the average Internet user would have to spend one full working month per year in order to skim all the Internet privacy policies […]



The aftermath of BP oil spill: mutant seafood

April 19th, 2012 at 12:39 am » Comments (0)

Signs of the impact on the regional ecosystem are ominous: mutated shrimp, fish with oozing sores, underdeveloped blue crabs lacking claws, eyeless crabs and shrimp – and scientists and fishermen point fingers towards BP’s oil as being the cause. Two years after BP’s Deepwater Horizon oil spill in the Gulf of Mexico, fishermen are finding […]



CISPA is SOPA 2.0

April 10th, 2012 at 4:45 pm » Comments (0)

CISPA, the Cyber Intelligence Sharing and Protection Act of 2011 (H.R. 3523), is a successor, of sorts, to the loathesome SOPA legislative proposal, which was shot down in flames earlier this year. EFF’s chilling analysis of the bill shows how it could be used to give copyright enforcers carte blanche to spy on Internet users […]



Tim Cook makes more than the GDP of the Kingdom of Tonga

April 9th, 2012 at 10:10 pm » Comments (0)

Does this equation makes sense? Apple costs over $600 a share, and has nearly an unfathomable $100 billion in cash lying around. So is it any wonder its CEO is paid more than the national wealth of a small island nation?



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