Archive for July, 2013
Standoff Between Egypt’s Army Commander and Islamist President Mohamed Mursi
July 3rd, 2013Update: Egyptian Military Ousts Morsi, Suspends Constitution Via: Washington Post: A year after coming to office, Egypt’s first democratically elected president was swept aside by the military leaders who long presided over this country and proved Wednesday in a series of extraordinary maneuvers that they never really left. President Mohamed Morsi’s dramatic fall from power […]
Approved: HSBC Setttlement for Drug Money Laundering
July 3rd, 2013Via: Reuters: A federal judge has approved HSBC Holdings Plc’s (HSBA.L)(HBC) record $1.92 billion settlement with federal and state investigators of charges that it flouted rules designed to stop money laundering and thwart transactions with countries under U.S. sanctions. While noting “heavy public criticism” of the settlement, which enabled HSBC to escape criminal prosecution, U.S. […]
National Intelligence Director Apologizes for Lying to Congress
July 3rd, 2013Via: U.S. News and World Report: The director of National Intelligence apologized in June to the chairman of the Senate Intelligence Committee for lying during a hearing, according to a letter published on the DNI website on Tuesday. Director James Clapper appeared before the committee in March, where Sen. Ron Wyden, D-Ore., asked him specifically […]
Absurd Giveaway to Corporate Fascists Delayed Until 2015
July 3rd, 2013Via: New York Times: In a significant setback for President Obama’s signature domestic initiative, the administration on Tuesday abruptly announced a one-year delay, until 2015, in his health care law’s mandate that larger employers provide coverage for their workers or pay penalties. The decision postpones the effective date beyond next year’s midterm elections.
More Temp Workers Than Ever Before
July 2nd, 2013Via: Time: On June 7, the Labor Department reported that the nation had more temp workers than ever before: 2.7 million. Almost one-fifth of the total job growth since the recession has been in the temp sector. One list of the biggest U.S. employers placed Kelly Services second only to Walmart. Outsourcing to temp agencies […]
Companies Switch to Prepaid Cards for Payroll, Employees Pay Ridiculous Fees
July 1st, 2013Via: New York Times: A growing number of American workers are confronting a frustrating predicament on payday: to get their wages, they must first pay a fee. For these largely hourly workers, paper paychecks and even direct deposit have been replaced by prepaid cards issued by their employers. Employees can use these cards, which work […]
Cameras to Monitor Emotional States of Students
July 1st, 2013Via: MIT Technology Review: Even a good teacher may not always be able to tell, at a glance, which students are quietly struggling and which need more of a challenge. Fortunately, laptops may soon come with enough emotional intelligence built in to do the job for them. A recent study from North Carolina State University […]
