Major banks have quickly become behind-the-scenes allies of Internet-based payday lenders that offer short-term loans with interest rates sometimes exceeding 500 percent. With 15 states banning payday loans, a growing number of the lenders have set up online operations in more hospitable states or far-flung locales like Belize, Malta and the West Indies to more easily evade statewide caps...
2 Palestinians Shot in Clashes With Israeli Settlers
Label: WorldJERUSALEM (AP) — Clashes erupted Saturday in the West Bank, with Jewish settlers shooting two Palestinian demonstrators in the northern village of Kusra, an Israeli military official and Palestinian residents said. The unrest reflected mounting friction in the West Bank, where Palestinians have faced off against Israeli troops in recent weeks in a series of large demonstrations protesting...
DealBook: Judge Sides With Einhorn and Halts an Apple Shareholder Vote
Label: Technology9:26 p.m. | Updated A federal judge on Friday ordered Apple to halt collecting shareholder votes on a contentious proposal to change some of its corporate charter, handing a victory to the hedge fund manager David Einhorn.The ruling issued Friday touches on a fairly narrow legal point. But it signals a clear victory for Mr. Einhorn, who has taken up a fight with Apple over using some of the $137 billion...
The Texas Tribune: Advocates Seek Mental Health Changes, Including Power to Detain
Label: LifestyleMatt Rainwaters for Texas MonthlyThe Sherman grave of Andre Thomas’s victims. SHERMAN — A worried call from his daughter’s boyfriend sent Paul Boren rushing to her apartment on the morning of March 27, 2004. He drove the eight blocks to her apartment, peering into his neighbors’ yards, searching for Andre Thomas, Laura Boren’s estranged husband. Expanded coverage of Texas is produced by...
The Texas Tribune: Advocates Seek Mental Health Changes, Including Power to Detain
Label: HealthMatt Rainwaters for Texas MonthlyThe Sherman grave of Andre Thomas’s victims. SHERMAN — A worried call from his daughter’s boyfriend sent Paul Boren rushing to her apartment on the morning of March 27, 2004. He drove the eight blocks to her apartment, peering into his neighbors’ yards, searching for Andre Thomas, Laura Boren’s estranged husband. Expanded coverage of Texas is produced by...
Feb
22
Many States Say Cuts Would Burden Fragile Recovery
Label: BusinessStates are increasingly alarmed that they could become collateral damage in Washington’s latest fiscal battle, fearing that the impasse could saddle them with across-the-board spending cuts that threaten to slow their fragile recoveries or thrust them back into recession. Some states, like Maryland and Virginia, are vulnerable because their economies are heavily dependent on federal workers,...
IHT Rendezvous: IHT Quick Read: Feb. 23
Label: WorldNEWS Since the days of the Medici family in Florence, the banking house of Monte dei Paschi has rained wealth on the people of Siena, Italy. For 541 years, it has endured war, plague and panic, and it stands today as the world’s oldest operating bank. But inside the stately offices of Monte dei Paschi di Siena, a thoroughly modern fiasco has done what the centuries could not. Monte dei Paschi, founded...
In a Slight Shift, North Korea Widens Internet Access, but Just for Visitors
Label: TechnologyHONG KONG — North Korea will finally allow Internet searches on mobile devices. But if you’re a North Korean, you’re out of luck — only foreigners will get this privilege. Cracking the door open slightly to wider Internet use, the government will allow a company called Koryolink to give foreigners access to 3G mobile Internet service by next Friday, according to The Associated Press, which...
Drone Pilots Found to Get Stress Disorders Much as Those in Combat Do
Label: LifestyleU.S. Air Force/Master Sgt. Steve HortonCapt. Richard Koll, left, and Airman First Class Mike Eulo monitored a drone aircraft after launching it in Iraq. The study affirms a growing body of research finding health hazards even for those piloting machines from bases far from actual combat zones. “Though it might be thousands of miles from the battlefield, this work still involves tough stressors...
Drone Pilots Found to Get Stress Disorders Much as Those in Combat Do
Label: HealthU.S. Air Force/Master Sgt. Steve HortonCapt. Richard Koll, left, and Airman First Class Mike Eulo monitored a drone aircraft after launching it in Iraq. The study affirms a growing body of research finding health hazards even for those piloting machines from bases far from actual combat zones. “Though it might be thousands of miles from the battlefield, this work still involves tough stressors...
Feb
21
Sign of a Comeback: U.S. Carmakers Are Hiring
Label: BusinessTony Dejak/Associated PressJoseph R. Hinrichs, head of Ford's Americas region, with a two-liter EcoBoost engine at the Cleveland plant. DETROIT — A few years ago, American automakers cut tens of thousands of jobs and shut dozens of factories simply to survive. But since the recession ended and General Motors and Chrysler began to recover with the help of hefty government bailouts and bankruptcy...
IHT Rendezvous: North Korea Widens Access to Internet, but Just for Visitors
Label: WorldHONG KONG — North Korea will finally allow people to search the Internet from their mobile devices and laptops within the country’s borders. But if you’re a North Korean, you’re out of luck — only foreigners will be given the privilege.Cracking the door open ever so slightly to wider Internet use, the government has allowed a company called Koryolink to give foreigners access to 3G mobile Internet...
Sheryl Sandberg, ‘Lean In’ Author, Hopes to Spur Movement
Label: TechnologyBefore Sheryl Sandberg, the chief operating officer of Facebook, started to write “Lean In,” her book-slash-manifesto on women in the workplace, she reread Betty Friedan’s “The Feminine Mystique.” Like the homemaker turned activist who helped start a revolution 50 years ago, Ms. Sandberg wanted to do far more than sell books. Todd Heisler/The New York TimesSheryl Sandberg, the chief operating...
Governors Fall Away in G.O.P. Fight Against More Medicaid
Label: LifestyleUnder pressure from the health care industry and consumer advocates, seven Republican governors are cautiously moving to expand Medicaid, giving an unexpected boost to President Obama’s plan to insure some 30 million more Americans. The Supreme Court ruled last year that expanding Medicaid to include many more low-income people was an option under the new federal health care law, not a requirement,...
Governors Fall Away in G.O.P. Fight Against More Medicaid
Label: HealthUnder pressure from the health care industry and consumer advocates, seven Republican governors are cautiously moving to expand Medicaid, giving an unexpected boost to President Obama’s plan to insure some 30 million more Americans. The Supreme Court ruled last year that expanding Medicaid to include many more low-income people was an option under the new federal health care law, not a requirement,...
Feb
20
The Trade: A Revolving Door in Washington With Spin, but Less Visibility
Label: BusinessObsess all you’d like about President Obama’s nomination of Mary Jo White to head the Securities and Exchange Commission. Who heads the agency is vital, but important fights in Washington are happening in quiet rooms, away from the media gaze.After a widely praised stint as a tough United States attorney, Ms. White spent the last decade serving so many large banks and investment houses that by the...
IHT Rendezvous: What of the Ringleaders, Chinese Ask About Cultural Revolution Case
Label: WorldBEIJING — It’s reminiscent, perhaps, of the trials of people accused of Nazi-era crimes, a John Demjanjuk, or a Samuel K.: in China this week, a man was tried for murdering a doctor during the Cultural Revolution, the China News Service reported.A rare episode of justice for a neglected era? Judging by a discussion on China’s biggest microblog, Sina Weibo, ordinary people don’t necessarily see it...
Hacking Victims Edge Into Light
Label: TechnologySteve Ruark for The New York TimesAlan Paller of the SANS Institute said recently hacked companies were seeking safety in numbers. SAN FRANCISCO — Hackers have hit thousands of American corporations in the last few years, but few companies ever publicly admit it. Most treat online attacks as a dirty secret best kept from customers, shareholders and competitors, lest the disclosure sink their stock...
In Reversal, Florida to Take Health Law’s Medicaid Expansion
Label: LifestyleMIAMI — Gov. Rick Scott of Florida reversed himself on Wednesday and announced that he would expand his state’s Medicaid program to cover the poor, becoming the latest — and, perhaps, most prominent — Republican critic of President Obama’s health care law to decide to put it into effect. It was an about-face for Mr. Scott, a former businessman who entered politics as a critic of Mr. Obama’s...
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