BizTechNews

Playboy’s first non-nude edition: Snapchat and Instagram models

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Playboy offered Thursday a sneak peak at what the magazine’s first non-nude issue will look like when it is released next week. As indicated by the company last fall, the March 2016 issue will no longer contain images of fully nude women, though that hardly means the centerfolds are any less steamy. The new issue shows women in provocative poses, snapping pictures as if ...

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Martin Shkreli pleads the Fifth, then tweets about ‘imbeciles’ in Congress

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WASHINGTON—Embattled drug entrepreneurMartin Shkreli — who vigorously defended his decision to hike the price of a life-saving drug from $13.50 to $750 — suddenly went silent Thursday at a Congressional committee, smirking and grinning instead of answering questions. Now facing an unrelated federal criminal indictment, the typically loquacious Shkreli refused to testify, repeatedly citing his Fifth Amendment right not to incriminate himself. Members of Congress launched into fiery ...

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Obama to propose $10-a-barrel oil tax

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WASHINGTON — President Obama will propose a $10-a-barrel oil tax to fund an ambitious new transportation spending plan, White House officials said Thursday. But no sooner had the White House proposed the plan than Republicans in Congress shot it down. The new oil tax would be phased in over five years, and would apply to both domestic and imported oil. It’s ...

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Leaked Emails Show Racist Culture at University of Chicago Fraternity: Report

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Members of AEPi, a historically Jewish fraternity, reportedly called a Muslim student government member a terrorist, used the n-word, and planned to celebrate “Marathon Luther King Day” by drinking and eating at a fried-chicken restaurant. Members of Alpha Epsilon Pi Fraternity at the University of Chicago are under scrutiny after leaked internal emails showed racist and other offensive remarks made ...

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Dow closes up 183 points as oil surges 8% to above $32 a barrel

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Stocks surged in late afternoon trading Wednesday as the Dow shook off earlier losses and closed 183 points higher amid a rebound rally in oil. The Dow Jones industrial average was up 1.1% to 16,336.66, after swinging between triple digit gains and losses throughout the trading day. The Standard & Poor’s 500 gained  9.50 points, or 0.5%, to 1912.53. Tech stocks lagged though as ...

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Moonves succeeds Redstone as CBS chairman

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Sumner Redstone has resigned as board chairman of CBS Corp. and has been replaced by CEO Leslie Moonves, the company announced Wednesday, providing clarity on the future leadership of CBS. Redstone, 92, formally resigned Tuesday and was named chairman emeritus of CBS, the company said. Speculation about Redstone’s health has intensified in recent months, triggering concern among investors of CBS and Viacom, another ...

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‘Hated’ CEO Martin Shkreli told to zip it

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NEW YORK– Beleaguered pharmaceutical executive turned media sensation Martin Shkreli has been instructed by his new high-powered lawyer, Ben Brafman, to stop talking. “He is not making any more statements. Zero,” Brafman said in an email to USA TODAY about his new client, who has been called the most hated man in America, and who just this week mouthed off to rapper Ghostface Killah and Congress. The crackdown ...

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Ex-Mich. Cop Gets Up to 10 Years in Prison for Brutal Roadside Beating of Floyd Dent

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William Melendez, 47, was sentenced to 13 months to 10 years for the 2015 assault of motorist Floyd Dent, which was caught in dash cam footage. A former Michigan cop convicted of assaulting an unarmed motorist during a traffic stop last year was sentenced to 13 months to 10 years in prison, NBC News reports. On Tuesday, 47-year-old William Melendez ...

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Toyota to Pay Up to $21,900,000 to Black and Asian Borrowers to Settle Federal Discrimination Investigation

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Toyota Motor Credit Corp. in Torrance, Calif., had been under investigation by the Department of Justice and the federal Consumer Financial Protection Bureau since 2013 over allegations of racial bias. Toyota’s U.S. financing unit will pony up as much as $21.9 million to black and Asian borrowers in order to settle allegations of racial bias after it was discovered that ...

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Boko Haram is deadlier than ISIS, but nobody cares because they kill Africans

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On November 13, 2015, ISIS members coordinated a bombing attack throughout France that brutally massacred 130 innocent souls from Paris to Saint-Denis. The world sat in disbelief at the audacity of the attacks, and prayers everywhere went out to France. On January 31, 2016, just earlier this week, the Nigerian terrorist faction Boko Haram savagely killed86 people in Dalori Village by firebombing huts and ...

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