AOL: A federal judge ruled Friday that the NCAA can’t stop college football and basketball players from selling the rights to their names and likenesses, opening the way to athletes getting payouts once their college careers are over. In a landmark decision, U.S. District Judge Claudia Wilken ruled in favor of former UCLA basketball star […]
Action in federal NCAA/Penn State-related lawsuit signals settlement. What about the state lawsuit?
That means potentially having lawyers tearing through internal documents, interviewing NCAA and Penn State officials under oath, and conducting other inspections to which the two powerful, yet closed-off, institutions aren’t accustomed – and then having that information laid out in what would be a highly publicized court proceeding.
$11 Billion Later, High-Speed Rail Is Inching Along
Instead of putting the $11 billion directly into those projects, critics say, the administration made the mistake of parceling out the money to upgrade existing Amtrak service, which will allow trains to go no faster than 110 miles per hour.
President authorizes airstrikes against militants in Iraq
AOL: After years of resisting the pull of more Mideast conflicts, President Barack Obama is ready to return the United States to military action in Iraq, the very country where he accused his predecessor of engaging in a “dumb war.”… As he addressed a war-weary nation late Thursday, Obama insisted the U.S. was not moving […]
Wolf’s personal income tax plan could face legal and financial questions
LEHIGH VALLEY MORNING CALL: For more than a century, governors and lawmakers have tried to change the state’s uniform personal income tax, which makes most workers pay the same rate regardless of income…
Walsh drops out of U.S. Senate race
BILLINGS GAZETTE: Sen. John Walsh said Thursday he is pulling out of the Senate race because his campaign was distracted by the controversy over allegations that he plagiarized a U.S. Army War College research paper… The New York Times reported July 23 that Walsh had plagiarized large portions of the research paper in 2007. The […]
Like his adviser, Gov. Corbett’s higher-ed policy is AWOL
HARRISBURG PATRIOT-NEWS Op Ed: …And the average Pennsylvanian with a bachelor’s degree earns almost $20,000 more each year than a worker who only finished high school. So why is Gov. Corbett making it harder for Pennsylvanians to earn a college degree and the ticket to economic opportunity that comes with it? Since taking office, tuition […]
Corbett to advance $265M to Philly schools
PHILADELPHIA INQUIRER: Gov. Corbett said Wednesday that he would advance the troubled Philadelphia school system $265 million, but officials said that action – which represents no new revenue or savings – would not avert layoffs or guarantee that schools would open on time. Corbett traveled to Philadelphia to make the announcement, standing at a news […]
Tony Blair Tells Europe to Quit Begging the U.S. for Help
DAILY BEAST: …The former British prime minister said it was time the continent stood on its own two feet more than 70 years after America intervened decisively in the Second World War. Recent crises in the region and conflicts in countries along the border have exposed the total reliance on Washington to alter events within […]
Can newspapers make it on their own?
USA TODAY Column: … It’s true that newspaper circulation and ad income have been sinking for years, and overall revenue growth has been elusive since 2006. This can lead to the impression that the sky is falling and newspapers are dying quickly. But it’s important to remember that this remains a profitable industry, albeit more […]
PA ranks 10th best school system overall in national survey.
The WalletHub study used 12 key metrics to rank each state and Washington D.C., including student/teacher ratios, test scores, drop out rates, bullying incidents and the percentage of population with at least a Bachelor’s Degree.
US and EU food exports at risk after Putin threatens ban
FINANCIAL TIMES: Russia has threatened to completely bar all US agricultural products from its market and slap an import ban on all fruit and vegetables from the EU, indicating that Moscow has chosen a hardline response to western sanctions over the Ukraine crisis. “Everything [in the agricultural sector] that is produced and imported to Russia […]
Bank of America set to settle mortgages case for $16bn-plus
FINANCIAL TIMES: Bank of America has reached an agreement in principle to pay more than $16bn in cash and consumer relief to US authorities to resolve allegations of misselling mortgage-backed securities, people familiar with the matter said. BofA, which has already paid $9.5bn to resolve a similar lawsuit by the Federal Housing Finance Agency, last […]
Tom Wolf clarifies the sale and repurchase of his firm
What occurred when he and his partner sold their interests in the Wolf Organization Inc. and he later bought it back? Because reports had mentioned that employees had been buyers, we assumed that the transaction had been an ESOP *, acronym for Employee Stock Ownership Plan? We have known the price for such transactions at times to have been bloated.