BizTechNews

Marine court-martialed for refusing to remove bible verse from desk

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Lance Corporal Monifa Sterling was court-martialed for disobeying orders after she refused to remove a decorative Bible verse from her work desk. The verse, which reads, “No weapon formed against me shall prosper,” was deemed by the military to be one which “could easily be seen as contrary to good order and discipline,” reports Fox News. Both a lower and appellate ...

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IRS says thieves stole tax info from 100,000

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Thieves hacked into an Internal Revenue Serviceonline service and gained access to information from more than 100,000 taxpayer accounts, the agency said Tuesday. The criminals used personal data obtained from other sources, including Social Security numbers, street addresses and dates of birth, to get into the IRS “Get Transcript” service. The service has been temporarily shut down. The thieves gained ...

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Charter seeks size, influence in TWC deal

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With patience and a lighter touch, John Malone is a step closer to getting his ultimate prize — a cable company large enough to wield market power and change TV’s future. The billionaire industry legend largely stayed in the background as Charter Communications revealed its deal Tuesday to buy a much larger rival, Time Warner Cable, for $55 billion, or ...

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John Malone: A cable pioneer back in the game

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In a long-ago New Yorker profile by Ken Auletta, cable titan John Malone spoke of a tug of war in his youth between his working-class buddies and the private prep school he attended on scholarship. Speaking of the middle ground he forged by excelling in sports, Malone told Auletta, “It was raw drive, not skill.” But Malone, 74, has long ...

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Kenyan man wants to buy Malia Obama for 50 Cows, 70 Sheep and 30 Goats

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This week, a lawyer from Kenya told The Nairobian newspaper that he plans to ask President Barack Obama for his 16-year-old daughter Malia Obama’s hand in marriage when the president visits his country later this summer. Felix Kiprono says he is willing to provide a dowry that consists of 50 cows, 70 sheep and 30 goats in the exchange because he has had his eye on her since she was ...

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Economic look ahead: Housing, consumer data due

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A holiday-shortened week will deliver a batch of data on housing, consumer confidence and business investment that’s likely to reflect mixed results as the economy transitions from a rough winter to stronger growth in the second half of the year. Home price gains have picked up recently after slowing last year, with annual increases accelerating three straight months amid tight ...

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Wolff: The only Hillary alternative

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There is only one person who can win the Democratic nomination for president if Hillary Clinton craters. And it isn’t Elizabeth Warren — most certainly not Elizabeth Warren. But let’s skip ahead. Out of the gate, the Clinton campaign seems solid. The refrain that she’s learned from her mistakes seems fair enough. Granting her the benefit of the doubt, she ...

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Bank stocks could rise as forex cloud lifts

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When a company cops to criminal charges, it might as well wave a bright red flag warning investors to stay as far away as humanly possible. But the nation’s largest banks could buck that trend. Their guilty pleas this week tied to charges of market manipulation — while embarrassing for the industry and the nation — hardly suggest the companies, ...

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Why Memorial Day Has Special Significance for African Americans

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They have long been overrepresented in the military, serving and dying for a country that has not always celebrated their freedom or rewarded their sacrifice. Memorial Day is a sacred occasion when we pay tribute to all the military men and women who have died in service to the United States. It is also an observance that owes its creation ...

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More college grads are getting better jobs

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Employers are recruiting freshly minted college graduates more intensively this spring and not just to be food servers, cashiers and call center representatives. Melissa Remmey, 22, who graduated from Wake Forest University in North Carolina last week with a political science degree, recently weighed four job offers, including positions as a business liaison, an analyst and a sales and marketing ...

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