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College offers full scholarship for best tweet

Many high school students use Twitter and other social networking sites, procrastinating writing the dreaded college admissions and scholarship essays. Now, however, some administrators have started testing students’ social media skills, and a lot can ride on those 140 characters. USA Today reported that the University of Iowa is asking…

Shock employment figures: Fewer than 46% of Americans have jobs

The percentage of Americans who have jobs has fallen to the lowest point in three decades and now hovers just above 45 percent of the total population, according to an analysis of labor data published by USA Today. The report, based on figures provided by the Census and the Bureau…

Analysis: CEO pay soars while workers face layoffs, stalled pay

CEOs are getting even richer while workers are hit with stagnate pay and even layoffs. A recent USA Today analysis of data from GovernanceMetrics International showed that CEO pay jumped 27 percent last year, nearly reaching pre-recession levels. Workers, however, saw their pay rise at a paltry 2.1 percent in…

AT&T, Deutsche Telekom stocks rise on takeover

NEW YORK – Investors gave the thumbs up to AT&T’s purchase of Deutsche Telekom’s T-Mobile USA Monday, sending shares in both firms higher. AT&T’s share price was up 1.2 percent at the close, as traders welcomed the prospect of the firm becoming the largest US mobile phone company. In Frankfurt,…

AT&T buying T-mobile for $39 billion

NEW YORK (Reuters) – AT&T Inc said on Sunday it would buy Deutsche Telekom AG’s T-Mobile USA, in a $39 billion cash-and-stock transaction that would create a new industry behemoth by combining two of the four largest U.S. wireless carriers. The purchase price includes a cash payment of $25 billion…

Greenpeace takes ‘corporate spies’ to federal court

The American branch of an international environmental group is suing two chemical companies, their PR firms, and the private investigators they hired allegedly for spying and racketteering. “The message of this lawsuit is: when companies engage in espionage, they will be discovered and exposed. These unacceptable and underhanded tactics interfered…

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