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Thursday, Oct 5, 2017 at 11:13 AM PDT

For-Profits to Blame for Most Student Debt Defaults: Study

For-Profits to Blame for Most Student Debt Defaults: Study

Students who attended for-profit colleges were twice as likely or more to default on their loans than students who attended public schools, according to a federal study published Thursday. The report by the...

Wednesday, Oct 4, 2017 at 02:19 PM PDT

Monopoly Man Photobombs the Senate's Equifax Hearing

Monopoly Man Photobombs the Senate's Equifax Hearing

A person dressed up as the iconic character Rich Uncle Pennybags from the famous Monopoly board game appeared Wednesday at a Senate hearing about the Equifax data breach with former CEO Richard Smith in...

Wednesday, Oct 4, 2017 at 08:03 AM PDT

Amazon, Georgia: If You Name It, Will Company Come?

Amazon, Georgia: If You Name It, Will Company Come?

Officials from a recently incorporated city outside Atlanta want to shed some of their new municipality's land and rename it Amazon, Georgia. Their hope is that the change will spur the e-commerce giant to...

Wednesday, Oct 4, 2017 at 07:18 AM PDT

Amazon Must Pay $295 Million in Back Taxes, EU Says

Amazon Must Pay $295 Million in Back Taxes, EU Says<br /><br />

Amazon has to pay $295 million in back taxes to Luxembourg, the European Union ordered Wednesday, in its latest attempt to tighten the screws on multinationals it says are avoiding taxes through sweetheart deals...

Wednesday, Oct 4, 2017 at 12:27 AM PDT

Yahoo: Every Single Account Was Impacted by 2013 Data Breach

Yahoo: Every Single Account Was Impacted by 2013 Data Breach

Yahoo, now part of Oath, said that every single Yahoo account was affected by a data breach that took place in 2013. That's about 3 billion accounts, CNBC reported. Yahoo buried the stat in a recent update to...

Tuesday, Oct 3, 2017 at 12:05 PM PDT

Another Wells Fargo CEO Faces an Angry Congress

Another Wells Fargo CEO Faces an Angry Congress

A different Wells Fargo chief executive met a similar kind of anger from Congress on Tuesday, with politicians from both major parties saying they feel the bank has done little to change its culture since a...

Tuesday, Oct 3, 2017 at 04:40 PM PDT

Lawmakers Grill Former Equifax Chairman Over Data Breach

Lawmakers Grill Former Equifax Chairman Over Data Breach

House Republicans and Democrats on Tuesday grilled Equifax's former chief executive over the massive data hack of the personal information of 145 million Americans, calling the company's response inadequate...

Tuesday, Oct 3, 2017 at 08:08 AM PDT

Buffett's Firm to Buy Majority of Pilot Flying J Truck Stops

Buffett's Firm to Buy Majority of Pilot Flying J Truck Stops

Warren Buffett's company is acquiring a major stake in Pilot Flying J truck stops and it will become a majority owner within about five years. The ubiquitous truck stops, 750 of them in 44 states and Canada,...

Monday, Oct 2, 2017 at 02:40 PM PDT

GM to Ditch Gas- and Diesel-Powered Cars, Go All Electric

GM to Ditch Gas- and Diesel-Powered Cars, Go All Electric

General Motors plans to go 100 percent electric, the Detroit automaker announced Monday. "General Motors believes in an all-electric future," said Executive Vice President Mark Reuss. "Although that future won't...

Monday, Oct 2, 2017 at 08:12 AM PDT

Former Equifax Chairman Apologizes for Data Breach

Former Equifax Chairman Apologizes for Data Breach

The former chairman and CEO of Equifax is apologizing for a data breach in which the sensitive information of 140 million Americans was stolen. In prepared congressional testimony, Richard F. Smith says the...

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