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John Thain’s CIT just bought itself some intense regulatory scrutiny

Bring on the regulatory scrutiny. That’s the message that CIT Group’s CEO, John Thain, has sent to the US government. CIT Group just bought itself much closer oversight by US regulators as a result of its planned $3.4-billion merger with the parent company of the California regional bank OneWest Bank. The acquisition, announced today, catapults the lender, which filed for bankruptcy in […]

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This entrepreneur doesn’t think it’s fair to only test the hearing of babies born to the rich

A Bangalore-based inventor has come up with a solution that sharply lowers the cost of testing if a newborn can hear properly. When a baby is born, Indian parents typically don’t test for hearing. It’s only when the baby is a few years old and seem to behave differently from peers, that the tests are […]

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Britain is taunting Putin by reopening the sensational London murder of a KGB defector

Europe has mustered only a weak collective response to the apparent missile strike on a Malaysian airliner. But Britain hit out on its own today by reopening a sensational, eight-year murder case implicating Russian president Vladimir Putin. As European foreign ministers meet today in Brussels, the indications are that they will only accelerate harsher sanctions […]

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The most promising technology for cleaning up ocean plastic is a giant wheel

There are at least one billion tons of plastic in the ocean. Creative solutions abound, but few strike marine conservation experts as practical or praise-worthy. Too often, says ecologist Andrew David Thaler, projects like floating plastic-filter machines amount to little more than “concept art.“ According to Thaler, a marine science PhD and ocean-science website editor, the first “truly feasible” contraption to reduce ocean […]

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No wonder Comcast is so desperate to prevent its cable customers from leaving

Comcast’s aggressive tactics to hold onto its cable subscribers have been getting a lot of attention lately. America’s biggest cable company is attempting to merge with the second biggest, Time Warner Cable, and people are worried that its already shoddy customer service could deteriorate further. And now we know why Comcast is makes it so hard […]

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Here’s how the new Simpsons app will change your life

LOS ANGELES — Best. App. Ever. That’s the early consensus from many in attendance at the Television Critics Association’s summer press tour as FX unveiled “Simpsons World,” its upcoming “ultimate Simpsons digital experience” that will contain all 552 episodes of The Simpsons, along with every other detail you’d ever want to know about the show. […]

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