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After Shaping Media And Politics For Decades, Ailes Is Out At Fox News

Fri, 07/22/2016 - 4:01am

Sexual harassment allegations against Fox News chief Roger Ailes cost him his job. We examine Ailes' legacy, an unparalleled figure in the twin realms of media and politics.

'I Am Proud To Be Gay,' Tech Investor Peter Thiel Tells GOP Convention

Thu, 07/21/2016 - 8:29pm

Peter Thiel is an openly gay libertarian billionaire financier, co-founder of PayPal and early Facebook investor. "Fake culture wars only distract us from our economic decline," he says.

Justice Department Moves To Block 2 Health Insurance Mergers

Thu, 07/21/2016 - 3:39pm

The Justice Department and a number of states filed suit today to block two big mergers in the health insurance industry. Anthem was planning to acquire Cigna, and Aetna sought to buy Humana. Justice Department officials said they had no doubt the mergers would reduce competition and hurt consumers.

Roger Ailes, Accused Of Sexual Harassment, Out As Chairman Of Fox News

Thu, 07/21/2016 - 3:31pm

Ailes, the co-founder and CEO of the news channel, "has resigned from his role effective immediately," according to parent company 21st Century Fox. Rupert Murdoch is taking over in the interim.

Beer Bottles Will Soon Include A Reality Check: A Calorie Count

Thu, 07/21/2016 - 3:03pm

Some of the biggest brewing companies have agreed to list the number of calories, alcohol content and nutrition information on beer bottles and cans.

So Long, VCR. We Hardly Knew You (Were Still Around)

Thu, 07/21/2016 - 12:24pm

It's been a long time coming for the VCR. After beating out Betamax and LaserDisc for home viewing dominance in the 1980s, VHS players are going away for good.

Justice Department Moves To Block 2 Big Health Insurance Mergers

Thu, 07/21/2016 - 11:45am

The Justice Department says proposed deals between Aetna and Humana as well as Anthem and Cigna would increase the cost of medical care for Americans. The deals are worth a combined $91 billion.

Who Buys Bonds With A Negative Interest Rate?

Thu, 07/21/2016 - 4:00am

Many developed countries are issuing bonds at negative interest rates. That means people are buying them expecting to get paid back less than they invested. Why then are people buying them?

Former Attorney General Will Work With Airbnb To Address Discrimination

Wed, 07/20/2016 - 6:45pm

The short-term rental platform has hired Eric Holder as outside counsel to help it craft a new anti-discrimination policy. Individuals and researchers have reported racial bias by the site's users.

United Kingdom Faces Severe Housing Shortage Amid Immigrant Influx

Wed, 07/20/2016 - 3:39pm

The United Kingdom has a housing shortage. Add an influx of immigrants from other parts of European Union, and you have a market where escalating prices put home ownership out of the reach of many people.

U.S. Sues To Recover Funds Allegedly Stolen From Malaysian Government Fund

Wed, 07/20/2016 - 2:44pm

The money — which U.S. officials say was used to buy a $35 million jet, art by Van Gogh, rights to The Wolf of Wall Street — was raised by a fund with ties to Malaysia's prime minister and his family.

What Does It Take To Get Permanently Banned From Twitter?

Wed, 07/20/2016 - 1:31pm

Twitter says it's reviewing its hateful-conduct policy. The suspension of conservative writer Milo Yiannopoulos has prompted a new focus on the company's ongoing struggle to reign in abusive messages.

Wal-Mart, America's Largest Grocer, Is Now Selling Ugly Fruit And Vegetables

Wed, 07/20/2016 - 11:28am

Lots of tasty, nutritious produce ends up in landfills because it doesn't meet retail beauty standards. Now Wal-Mart is testing sales of wonky apples and spuds in hundreds of Texas and Florida stores.

VW Suffers Another Blow After 3 States File Suit Over Emissions Cheating

Wed, 07/20/2016 - 4:05am

New York and two other states filed lawsuits against Volkswagen over the diesel engine cars the came equipped with an emission test defeat device. VW still faces a federal criminal investigation.

Selling Merchandise Outside of RNC, Politics Come Second

Wed, 07/20/2016 - 4:00am

People drove from across the country to Cleveland to hawk their wares to the throngs who've come to the Republican National Convention.

Bookstore's Tweet Leads To Love, Then Marriage

Tue, 07/19/2016 - 6:50pm

In 2012, the corporate Twitter account for a bookstore in London posted a joke about Pokemon. "I'm in love," a woman responded. More tweets followed, then a date. The wedding was last weekend.

Sources: Murdochs Moving To Oust Roger Ailes After Sexual Harassment Allegations

Tue, 07/19/2016 - 4:50pm

Ailes, the CEO and chairman of Fox News, has been sued by a former anchor, and other accusers have stepped forward. Fox News sources now say the Murdoch family is moving to push Ailes out.

Why Some Diversity Thinkers Aren't Buying The Tech Industry's Excuses

Tue, 07/19/2016 - 3:34pm

Despite diversity efforts, Facebook and Google keep showing little change in the percentages of black, Latino and female workers. Facebook pins the problem on lack of talent in the education pipeline.

Murdochs To Remove Roger Ailes Amid Sexual Harassment Claims

Tue, 07/19/2016 - 3:29pm

According to a report in New York magazine, Fox News Chairman Roger Ailes has been given until August 1 to resign or be fired for cause.

States' Lawsuits Say VW Execs Ran A Cover-Up Of Diesel Emissions Cheating

Tue, 07/19/2016 - 12:30pm

Citing "a culture of deeply-rooted corporate arrogance" at Volkswagen, New York and Massachusetts have filed civil lawsuits against the carmaker.

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