And then there were three — record labels, that is. Regulators in the United States and Europe have approved the acquisition of EMI Music by Univeral Music Group. The combined label will own close to 40 percent of the world music market with a trove of acts that includes The Beatles.
Originally published on Fri September 21, 2012 10:06 pm
Even as it has received praise for bringing innovative ideas to life, Kickstarter has been criticized for allowing creators to be a little fuzzy about their plans — and for providing little recourse to investors who become unsatisfied with the project they've supported. The site has now announced changes that it hopes will ease those troubles.
The biggest change is a new section called "Risks and Challenges," which requires potential entrepreneurs to list the obstacles they face, and how they plan to deal with them.
According to a Senate investigations subcommittee, Microsoft Corp., Hewlett-Packard Co. and other multinational corporations took advantage of an ambiguous U.S. tax code to avoid paying billions of dollars in taxes.
Originally published on Fri September 21, 2012 11:43 am
Every election season, political signs sprout like dandelions from lawns across America. They also pop up at more than a few businesses. For some, expressing political preferences is a calculated move to attract customers. But it can just as easily turn clients away.
Jeff Reiter, who owns the Blue Plate Lunch Counter & Soda Fountain in Portland, Ore., proudly displays a 2008 Obama campaign sign inside his restaurant and says he has "never tried to hide" his support for the president.
Tens of thousands of students are back in school this morning in Chicago.
As we told you yesterday, the Chicago Teachers Union voted to end the seven-day walkout. This morning, reports The Chicago Sun-Times, everyone was excited to get back to normal — the teachers, the students and even the mayor.
The legal battle over Alabama's financially troubled prepaid college tuition program is headed back to the Alabama Supreme Court.
A Montgomery judge ruled Monday that a law passed by the Legislature in the spring to permit reduced tuition payments is constitutional. The state Supreme Court had asked Circuit Judge Johnny Hardwick to review the law before the high court considers it.
The U.S. population is growing. In normal times, the labor force — working or not — would be growing too. But these are not normal times, and the labor force is actually smaller than it was four years ago, meaning millions of people who should be there aren't.
The reasons people drop out of the workforce are myriad. People go back to school. Others have health issues or family priorities that keep them from looking for work. But some stop looking because they are discouraged.
The State Board of Education has chosen the president of Shelton State Community College to be the chancellor of Alabama's two-year college system.
The board voted unanimously Thursday to select Mark Heinrich of Tuscaloosa over Blake Flanders, who is vice president of workforce development for the Kansas Board of Regents. Board members said they were swayed by the way Heinrich got Shelton State back on sound ground after corruption problems in some of Alabama's two-year colleges.
One of the primary issues at the heart of the the Chicago teachers' strike is whether student test scores should be used to evaluate teachers and determine their pay. Mayor Rahm Emanuel is pushing that approach, as are other officials around the nation.
But many teachers insist that it's inherently unfair to grade their teaching based on their students' learning.
Originally published on Fri September 14, 2012 3:46 pm
The intractable issues that led to the teachers' strike in Chicago are being argued about in states and school districts across the country.
The past decade has been a time of enormous ferment in education policy, with numerous new ideas and approaches being promoted by everyone from conservative think tanks to the well-heeled Bill & Melinda Gates Foundation to Obama administration officials.