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Four Loko Ban Highlights Gov. Control Strategy
Four Loko never claimed to be sane or responsible, as this commercial proves. The FDA doesn’t like drink manufacturers putting caffeine in their malt liquors, and has threatened to seize “blackout in a can” Four Loko and four other drinks–or… Read more

Apple Announcement: Beatles, EMI and Bootstraps
Today’s much-hyped Apple iTunes announcement revolved not around cool new features, but the end result of a long legal battle. After ten years, Apple has finally managed to add The Beatles’ music to iTunes. I’m not sure this Apple… Read more
5 Ways to Keep the Dream of Homeownership Alive
This is a guest post by Jason Biro, author of “Saving Your American Dream.” No matter what’s happening with the economy, most people will need financing to own a home. But even in the best of times, finding a secure, safe mortgage can be a… Read more

Political Ads Help Drive Time Warner Profit
Time Warner Cable’s profit is up 34% this quarter, despite losing 63,000 net subscribers. Its ad revenue, meanwhile, is up 23% this quarter, reflecting a larger ad rebound, as well as a pre-election ad buy. From Dow Jones Newswires: …the… Read more

JP Morgan Chase Pulls Another Rabbit Out of Banker’s Hat
Image: Brendel/Wikimedia JP Morgan Chase, which announced a 23% increase in profits this quarter, also says that its mortgages are A-OK. From Bloomberg: JPMorgan Chase & Co. probably will pay an “incremental” sum to settle foreclosure… Read more

Why Airlines are Profitable Again
Image source Scouring today’s business headlines, I came across headlines like British Airways Logs Biggest Gain Since Lehmann Collapse and US Airways Sees Profit for Year. It’s not like Americans have more disposable income for travel, so… Read more

Justice Dept. Goes on Credit Card Antitrust Spree
Image: Paul Vlaar The US Department of Justice is filing an antitrust suit against American Express. The credit card provider won’t let retailers give customers discounts for using other credit cards with lower processing fees. This comes one… Read more

Happy National Coffee Day!
This picture forgot to include joy. Today is National Coffee Day, that annual day where you have a communal excuse to flaunt your usual cuppa. To honor the day, companies are offering you…statistics. Last year’s National Coffee Day was… Read more

The Inflation of Higher Education
How far does a university degree get you? If you think you’ll automatically earn a better job, status, and higher pay, congratulations. You’ve bought into the myth. Higher education in America is a bubble. There are exceptions, of course. What… Read more

HP Buys IT Security Co. ArcSight
Hewlett-Packard will buy enterprise security company ArcSight for $1.5 billion. The Wall St. Journal has more: (The purchase continues the HP) spending spree that began after Chief Executive Mark Hurd resigned last month. The deal also… Read more

HP Sues Mark Hurd After Hurd Joins Oracle
Hewlett-Packard filed a lawsuit against former CEO Mark Hurd today. Yesterday, Hurd agreed to join Oracle as co-president. HP claims Hurd is violating his confidentiality agreement and will reveal the HP’s trade secrets to competitor Oracle. The… Read more

3-D, Price Hikes Lead to Drop in Cinema Sales
Image: eye of einstein/Flickr The cinema was one of the Great Depression era’s most popular escapes. Today’s Great Recession, however, is seeing fewer cinema visitors. The reason? An increase in the price of the average movie ticket. The BBC… Read more

Clearwire Prays for Win With Pay-As-You-Go 4G Service
Sprint-owned Clearwire, a wireless ISP service that currently provides 4G services Sprint phones like the HTC EVO 4G, will offer pay-as-you-go 4G access. The service, nicknamed “Rover,” will charge by the day, week, or month for users who buy a… Read more

