On Tuesday, the Department of Justice announced charges against 50 people, including a handful of famous actors, for allegedly participating in an elaborate scheme to get their children into top colleges. According to court documents, the parents paid hundreds of thousands of dollars — and in some cases, more than a million — to fake their children’s SAT and ACT scores, help them pose as successful athletes, and generally fudge their applications so they’d get into schools of their choice.
Hannah, a senior at a private university in New York City, can’t think of a single semester when she bought all the books she needed for her classes. “Even when I was studying abroad,” she said, “there was no way for me to get through the semester without dropping $500-plus on textbooks, which I couldn’t afford.”
Serena Williams made not one but two appearances at the Oscars. The tennis pro presented A Star Is Born during the ceremony — and she’ll also be featured in a new Nike ad, “Dream Crazier,” that also includes gymnast Simone Biles, fencer Ibtihaj Muhammad, the US women’s national soccer team, and other women athletes.
This week, Dollar Tree Inc., the parent company of the budget stores Dollar Tree and Family Dollar, said it will close 390 Family Dollar stores in 2019. The news comes on the heels of the company trying to revamp these stores last year to make them more exciting for shoppers, but the closures signal how hard it is to turn around a struggling brand in today’s retail landscape.
Carcel, a trendy Danish clothing brand, has an unusual marketing strategy: It doesn’t shy away from discussing its use of overseas prison labor.
Amazon’s founder is America’s richest person, but the company paid no corporate income tax last year. How can that be?
Trump used charitable funds and a fake bidder to buy a portrait of himself. Here’s how the art market makes that possible.
Michael Cohen’s opening statement for his hearing before the House Oversight Committee Wednesday morning contained a litany of allegations against President Donald Trump. Among other things, Cohen claims, Trump violated campaign finance law, knew that members of his campaign were colluding with WikiLeaks, and — for some reason — once asked Cohen to hire a fake bidder to buy a portrait of himself that was being auctioned off in the Hamptons.
Billions of pounds of fruits and vegetables go to waste every year — about 30 to 40 percent of the food supply chain in the United States, according to the
Democrats have been talking a lot about different ways to tax the rich as of late, ranging from Sen. Elizabeth Warren’s wealth tax to a variety of proposals related to stock buybacks. Now Sen. Brian Schatz is floating another idea: a tax on stock trades.
Following the lead of China, the member states of the European Union, and several other countries, the US has temporarily grounded all Boeing 737 Max 8 and 9 planes. The ban is a response to the crash of an Ethiopian Airlines flight headed from Addis Ababa, Ethiopia, to Nairobi, Kenya, on Sunday that led to the deaths of all 157 people on board. This is the second plane crash in less than a year involving this type of plane — a Boeing 737 Max 8 operated by the Indonesian airline Lion Air crashed into the sea last October, killing 189 passengers and crew members — raising questions about the safety of the planes, which are used by airlines around the world.