by on January 12, 2018
Streaming services and film studios try to stop free access to shows and movies. Netflix, Amazon, and the major film studios have sued the makers of "The Dragon Box," a device that connects to TVs and lets users watch video without a cable TV or streaming service subscription. Joining Netflix and Amazon as plaintiffs in the suit are Columbia Pictures, Disney, Paramount Pictures, Twentieth Century Fox, Universal, and Warner Bros. The suit asks for financial damages and an injunction pre...
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by on January 2, 2018
Rodneyse Bichotte's legislation would have eliminated net-worth cap for female and nonwhite entrepreneurs in state program Gov. Andrew Cuomo closed out 2017 by slapping down a bill that would grant more businesses belonging to women and nonwhites access to state projects—provoking fireworks from the legislation's sponsor. Assemblywoman Rodneyse Bichotte's legislation would have erased the requirement that entrepreneurs seeking certification under the state's Minority- and Women-Owned B...
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by on November 29, 2017
The Google-owned video site faces controversy over inappropriate videos and comments aimed at children -- and major brands have reportedly pulled ads. YouTube is facing another advertiser boycott.  YouTube is trying to clean up its site as it deals with controversies concerning minors on the service.   The Google-owned video site has drawn ire because some videos with children were the target of sexually inappropriate comments. In response, YouTube killed hundreds of accounts and re...
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by on June 12, 2018
A new report looks at the impact of speaking fees, free meals and other perks on New York doctors' prescribing habits New York doctors who accepted speaking fees, honoraria, meals and other forms of payment from opioid manufacturers started writing more prescriptions for the narcotic painkillers, according to an analysis from the New York State Health Foundation. When comparing physicians in similar specialties who historically prescribed similar amounts of opioids, the researchers fou...
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by on December 15, 2017
The soaring price of bitcoin—the virtual currency is now worth more than $250 billion—has gotten a lot of attention in recent weeks. But the real significance of bitcoin isn't just its rising value. It's the technological breakthrough that allowed the network to exist in the first place. Bitcoin's still anonymous inventor, who went by the pseudonym Satoshi Nakamoto, figured out a completely new way for a decentralized network to reach a consensus about a shared transaction ledger. This innova...
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by on December 21, 2017
Mayor de Blasio deserves credit for developing a plan to create 100,000 good jobs. But a recent CUF forum made it clear that there are several other promising ideas that, if added to the city’s plan, could bolster middle class job creation and help more low-income New Yorkers access them. by Center for an Urban Future Read the full report (PDF) New York City can boast 975,000 more jobs than 20 years ago, nearly 700,000 of which were added in the past decade. However, New York’s rece...
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by on February 24, 2018
Attorneys general of Maryland and the District of Columbia on Friday expanded their lawsuit accusing President Trump of accepting gifts from foreign and state governments, suing him not only as president but in his personal capacity as a businessman. Legal experts say the move takes the "emoluments" clause of the Constitution into uncharted legal waters, since it has been interpreted as only applying to presidents in their official capacity. "The conventional understanding is that on...
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by on December 26, 2017
Claire's is pulling makeup that tested positive for asbestos.  Makeup was pulled from jewelry and accessory retailer Claire's after some brands tested positive for asbestos. The company tweeted on Dec. 23 it was pulling the suspected toxic products off its shelves, and said it was beginning an "immediate investigation into the alleged issues." The reports came out of Rhode Island's WJAR after a mom who was concerned about what was being used in her daughter's makeup sent several...
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by on May 10, 2018
Novartis CEO Vasant Narasimhan sent an internal email to employees after the pharmaceutical giant revealed it paid the company of President Trump's lawyer, Michael Cohen, $1.2 million. "We made a mistake in entering into this engagement and, as a consequence, are being criticized by a world that expects more from us," Narasimhan wrote. In a Wednesday statement, Novartis said it entered a one-year agreement with Cohen for guidance on how the Trump administration would approach health-c...
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by on January 10, 2018
President Trump’s companies sold more than $35 million in real estate in 2017, mostly to secretive shell companies that obscure buyers’ identities, continuing a dramatic shift in his customers' behavior that began during the election, a USA TODAY review found. In Las Vegas alone, Trump sold 41 luxury condo units in 2017, a majority of which used limited liability companies – corporate entities that allow people to purchase property without revealing all of the owners’ names. The trend ...
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by on June 19, 2018
Amid President Trump’s headaches confirming cabinet secretaries, from neophyte Rex Tillerson to conflict-prone Scott Pruitt to unprepared Betsy DeVos, all of whom squeezed through, Wilbur Ross was a tonic. With his blue power suit and decades of dealmaking, he had the look and the résumé of a commerce secretary. And unlike his boss, Ross promised to divest from almost all his holdings upon entering government, drawing bipartisan praise en route to an easy confirmation. “You have really made ...
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by on December 20, 2017
AT&T was quick to respond to news of U.S. tax reform, announcing it would give some employees bonuses once the legislation is signed into law. The telecom giant said in a press release Wednesday that it would give more than 200,000 of its U.S. workers who are union members a special bonus of $1,000. The company also increased its capital expenditures budget by $1 billion in the U.S. AT&T is paying bonuses of $1,000 to more than 200,000 U.S. employees. AT&T's CEO said...
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