Word: money
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Germans standing in line to pay for groceries at supermarkets this week could be in for a nasty - and embarrassing - surprise. Many of their bank cards will be rejected at the register, but not because there isn't enough money in their accounts. The problem is with a faulty microchip in the cards that can't recognize the year...
...customers who are confused about which cards they can use in cash machines. German Consumer Minister Ilse Aigner has also criticized the banks' handling of the situation and said that consumers shouldn't be held liable for any bank charges they incur. (See pictures of the dangers of printing money in Germany...
...state. Sure, the privacy of private colleges should be respected. I do think, however, that it's reasonable to ask private colleges to disclose a lot more information. I do think that's a fair exchange for the public dollar. And private colleges do get a lot of money from the public. They don't pay taxes. And if you're sitting on a billion-dollar endowment and you're not paying taxes on capital gains, that's a pretty good deal...
...expand. While sales took a predictable hit during the worst of the recession, perhaps it's a positive sign for the economy that the Art of Shaving's revenues rose 19% during the last quarter of the year. If people will fork over insane amounts of money to properly trim their facial hair - in a New York City store, a razor with a nickel-plated brass handle costs $175 - perhaps national spending will finally loosen. "We're definitely linked to the economy," says Eric Malka, co-founder and CEO of the Art of Shaving. "As consumer confidence comes back...
...Just because money is tight in the industry doesn't mean that these kinds of arrangements should be more lax than they ever were," said Barry Sussman, editor of the Nieman Watchdog, a Web site associated with the Harvard-affiliated Nieman Foundation that monitors the press...