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Entries by James Sunshine from 08/2012

Workers Spend One-Fourth Of Workday Reading, Responding To Email: Survey

Posted 08.01.2012 | Business

You've got way too much mail. Office workers spend an average of 2.6 hours per day reading and answering emails, according to a survey conducted by...

America's Constrained Choice

Posted 08.01.2012 | Business

NEWPORT BEACH – The conventional wisdom about the November presidential election in the United States is only partly correct. Yes, economic issues w...

Edward DeMarco's Biggest Enemies

Posted 08.01.2012 | Business

Principal reduction has been a sticky enough topic for Ed DeMarco. It just got even stickier. The director of the Federal Housing Finance Agency an...

Tobacco Sales To Minors Hit All-Time Low In 2011

Posted 08.02.2012 | Business

RICHMOND, Va. -- Sales of tobacco to minors in the U.S. reached an all-time low in 2011 under a federal and state inspection program intended to curb ...

The 10 Most Economically Segregated Cities In America: Pew

Posted 08.02.2012 | Business

Segregation in America may be more common than you think. Increased income inequality has spurred the growth of economic segregation -- or segregat...

John Clark Saves Child From Drowning, Receives Huge Medical Bill

Posted 08.03.2012 | Business

Sometimes good deeds do go unpunished. It might just take the help of a local TV report. Last month, John Clark, 17, of Vancouver, Washington, hea...

Bill McMachen Buys Every Single Tax-Foreclosed Home In Macomb County, Michigan

Posted 08.03.2012 | Business

You might decide to buy a house with a million dollars, but with an extra 4 million, you could have bought every tax-foreclosed home up for auction in...

Meet The Bankers Having Second Thoughts About Too-Big-To-Fail

Posted 08.06.2012 | Business

Sandy Weill, the former CEO of Citigroup and father of the modern too-big-to-fail bank, last month shocked Wall Street when he said that he thought it...

Emails Give Glimpse Into Deals That Helped Fuel Financial Meltdown

Posted 08.06.2012 | Business

As ProPublica has been detailing for two years, Wall Street banks and the hedge fund Magnetar worked together to build mortgage-backed deals that the ...

Alicia Ramirez, 78-Year Old Texas Homeowner, Fighting Both Cancer and Eviction

Posted 08.06.2012 | Business

Imagine being kicked out of your home while battling cancer. That's the scenario that Alicia Ramirez faced. After losing her husband to cancer and ...

Pfizer Agrees To Pay SEC More Than $26 Million To Settle Foreign Bribery Claims

Posted 08.07.2012 | Business

* Settlement relates to payments in eight countries * Pfizer to pay $26.3 million to SEC * Affected countries include Ru...

Neil Barofsky: U.S. 'Pretty Fucked'

Posted 08.07.2012 | Business

Neil Barofsky, the former Inspector General of the Troubled Asset Relief Fund, can sum up the state of the nation in two words: "Pretty fucked." Th...

The 10 U.S. Cities Set To See Their Populations Boom: Report

Posted 08.08.2012 | Business

Sorry hipsters, your Austin paradise is about to get ransacked. The percentage of Americans living in metropolitan areas is set to grow by roughly ...

13 Creative Ways To Lose Millions Of Dollars Really Quickly

Posted 08.08.2012 | Business

Lighting money on fire may still be the quickest way to get rid of it, but reasonable alternatives do exist. Yes, as countless celebrities, athlet...

Will France's 75 Percent Income Tax Scare Away The Rich?

Posted 08.08.2012 | Business

What is 75 percent of €0.00? French president Francois Hollande wants to go back to the future on taxes. When running for the job he eventuall...

Joseph Stiglitz: 'This Deficit Fetishism Is Killing Our Economy'

Posted 08.09.2012 | Business

NEW YORK (AP) — What's wrong with the U.S. economy? Growth comes in fits and starts. Unemployment has been over 8 percent for three and a half ye...

Companies Where Employees Are Ditching President Obama

Posted 08.09.2012 | Business

It appears President Obama can expect fewer contributions from workers on Wall Street and at major corporations this election cycle. New data from Blo...

Towns That Are For Sale: CNBC

Posted 08.09.2012 | Business

News items pop up regularly about entire towns and villages going up for sale. In April, Buford, Wyo., sold to a Vietnamese buyer for $900,000. The sa...

12 Fictional Products That You Can Now Actually Buy

Posted 08.10.2012 | Business

Dreams do come true! You too can buy a vomit flavored jelly bean. Infamous once-fictional products from literature, TV shows and films, like Duff ...

Monster Stock Slips After Discloses Investigation Into Marketing Practices

Posted 08.10.2012 | Business

NEW YORK — As energy drinks continue to surge in popularity, the disclosure by Monster Beverage Corp. that it's being investigated is the latest...

11 Brand Names That Sound Hilarious In A Different Language

Posted 08.10.2012 | Business

Any company pushing overseas struggles with new demands and cultures. But the most annoying obstacle may be that pesky language barrier. Just ask the ...

Mitt Romney Would Have Paid Almost Nothing In Taxes Under Paul Ryan's 2010 Budget

Posted 08.13.2012 | Business

Vice presidential candidate Paul Ryan's assertion that programs like Medicare and Social Security are staring at bankruptcy did not stop the Wisconsin...

Paul Ryan's 'Path To Prosperity' Hurts Americans In These 10 Ways

Posted 08.13.2012 | Business

Paul Ryan's budget proposals have earned him recognition from his fellow party members in Congress, and the presumed Republican vice presidential nomi...

FedEx CEO Frederick Smith Sees Pay Nearly Double To $13.7 Million

Posted 08.14.2012 | Business

NEW YORK -- The founder and top executive at FedEx Corp. received a pay package worth $13.7 million in the most recent fiscal year, nearly double a ye...

How The Private Sector Can Reduce Unemployment

Posted 08.15.2012 | Business

Bloomberg View: About 13 million Americans are looking for work. An additional 8 million have settled for part- time jobs. Yet almost half of U.S...