House Passes Bankruptcy Bill to Streamline Process for Financial Institutions

A new bill that would make it easier for financial institutions to declare bankruptcy passed in the House of Representatives on Monday, Dec. 1. The Financial Institution Bankruptcy Act of 2014 would allow for banks and other financial institutions to voluntarily begin the process of bankruptcy, and in some cases, the Federal Reserve would be […]

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AIDS.gov Launches Virtual Office Hours as an Extension of Social Media Labs

Last month, AIDS.gov announced that it will use virtual office technology to provide technical assistance to organizations that combat HIV and AIDS. The program, which is an expansion of the Social Media Labs that AIDS.gov holds at various conferences, allows representatives from AIDS service organizations and Federal HIV programs to contact social media experts from […]

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Google May Be the First to Advertise on Times Square’s New Record-Breaking Billboard

The biggest and brightest billboard in Times Square lit up last week to hundreds of captivated spectators. Times Square has long been an advertising mecca, but the new digital billboard sets records in terms of size, clarity, and brightness. The New York Times reports that Clear Channel Outdoor New York is selling the ad space on the […]

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Los Angeles May Restrict, Tax Short-Term Rentals

Los Angeles may soon place new restrictions on short-term rentals listed on sites like Airbnb, VRBO and Homeaway, The LA Times reported Dec. 2. There are concerns that allowing such rentals in residential areas — instead of the city center locations traditionally reserved for corporate and other short-term housing — ruins the character of neighborhoods […]

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Holiday Shoppers Ease Up on Credit Card Debt in Time for Shopping Season

In October 2014, U.S. consumers accrued credit card and other non-mortgage debt at a slower rate, which could result in a weaker holiday shopping season than initially anticipated. Nevertheless, according to the National Retail Federation, holiday shopping is still expected to be at its highest in nearly six years. According to the Federal Reserve, consumer […]

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Exotic Corpse Plant Prepares For Rare Second Blooming at Cornell University

It was just two years ago that the giant corpse plant kept at Cornell University bloomed in a magnificent display that lasted two days. Now, caretakers at Cornell’s College of Agriculture and Life Sciences say the giant plant, better known as Wee Stinky, is ready to do so again. Although it is hard to say […]

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Soap and Toothpaste Ingredient Shown to Cause Cancer in Mice

Soap may have a dirty secret, according to a new study. Findings of an experiment published Nov. 17 in the journal Proceedings of the National Academy of Sciences have linked triclosan, an anti-bacterial additive used in soap and toothpaste, to an increased risk of liver cancer in mice. “Triclosan’s increasing detection in environmental samples and its increasingly […]

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