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Marijuana writer sought by Colorado newspaper

DENVER — An alternative newspaper is weeding through a mound of applications in response to a recently-posted ad for what could be the most far-out job in journalism — a pot critic and reviewer of Colorado’s marijuana dispensaries and their products. Denver-based newspaper Westword said it has already received nearly 200 inquiries, some applicants even

Banks to penalize responsible credit card customers

Beginning next year, Bank of America will charge some of its customers an “experimental” fee ranging from $29 to $99 per year. Those that could be affected include card holders who pay their entire balance each month or who have never had a late fee. Similarly, Citigroup has started to charge annual fees from customers

Interior Dept. to investigate Bush administration’s oil shale deals

The Interior Department announced Tuesday it will investigate whether the previous administration “set favorable conditions” to encourage oil-shale development in the Midwest. The forthcoming review arrives to the satisfaction of local watchdogs and environmental groups, who have long questioned why President George W. Bush just five days before exiting office added a number of acres

Big Pharma targets Capitol Hill with 2.3 lobbyists for every lawmaker: report

By Jeff Knebel A new investigative report has revealed the vast lobbying efforts of the pharmaceutical industry to influence health care reform. Investigations uncovered that, in just the first half of 2009, the pharmaceutical industry spent more than $110 million on its booming lobbying efforts, which includes 2.3 drug lobbyists hovering around Capitol Hill for

Obama administration slashes executive salaries

The Obama administration, in the wake of public contention at swelled Wall Street bonuses, took the initiative Thursday to cut salaries for executives at firms rescued by taxpayer bailouts, slashing cash payments by 90 percent. In a dramatic government swipe at big business, as unemployment nears 10 percent and the economic crisis reaps a painful

Recession-hit factory towns slow to see stimulus

Many of the communities hit hardest by job losses are those near dying factories and mills; these areas are also some of the slowest to get relief from President Barack Obama’s stimulus plan, underscoring how hard it is for Washington policymakers to create lasting work in areas that need it most. The manufacturing industry has

Big bank executives to meet with Fed

Executives of the nation’s 28 largest banks will meet with Federal Reserve supervisors on Monday to discuss the Fed’s plan to police banks’ pay policies, officials said Friday. Under a plan recently put forward by the Fed, the central bank would review — and could veto — pay policies that could cause too much risk-taking

Pay, benefits rise at slowest pace since 1982

Wages and benefits rose by the smallest amount on record in the 12 months ending in September, as high unemployment limits the income growth of workers still receiving paychecks. With employers cutting costs to maintain profits, they are sharply reducing the rate of growth in total compensation, economists said. The average cost of wages, health

Recession drives up US university enrollment: report

Students are flocking to US universities at record levels, as the recession fuels an enrollment explosion at less expensive two-year colleges, a report said Friday. Just under 11.5 million students, or nearly 40 percent of all young adults ages 18 to 24, were enrolled in either a two- or four-year college as of October 2008,

Facebook gets $711 million damages in anti-spam case

Social networking website Facebook was awarded $711.2 million in damages relating to an anti-spam case against Internet marketer Sanford Wallace, court documents show. Wallace did not oppose the motion or appear at the hearing on September 18, 2009, according to a filing on Thursday in a San Jose, California federal court. The site filed an

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