Sercer – Find news the fast way – server

The school plans to put less of an emphasis on its traditional two-year degree program as part of a sweeping strategic review at the school.

The school plans to put less of an emphasis on its traditional two-year degree program as part of a sweeping strategic review at the school.

Ford Motor Company on Saturday asked General Motors to pull its 2012 Chevrolet Silverado Super Bowl ad, which knocked Ford trucks. But the advertisement ran anyway and GM said "we stand by our claims in the commercial."

If you have a child headed off to college this fall, you've got an important item on your to-do list: the Free Application for Federal Student Aid (FAFSA), which you can submit as early as Jan. 1.

More than half of corporate financial advisers think that up to 30% of UK workers could opt out of the government’s new auto-enrolment regulations due to be introduced from October 2012.

Drivers around Bowie, Maryland might want to slow down, as new speed cameras have been activated.

 

Joseph Stiglitz over at The Guardian writes three possible explanations for why the European Central Bank is pushing for a 50% voluntary cut, that will not be considered a “Credit Event” so no insurance will be paid out.

1. ECB knows/suspects that the affected banks have not bought insurance.

2. ECB fears that the lack of transparency could make an involuntary default lead to a credit market freeze (think Lehman in 2008).

3. ECB is trying to protect the insurers.

 

He argues that number three is the only one that puts forth the interests of the public first, as the other two if true have very clear beneficiaries. If banks were not insured against a Greek default a voluntary haircut with a guaranteed restructuring would be a good outcome. Likewise if the a vast majority of the banks are insured. The banks who issued the insurance might benefit from the restructuring being a non credit-event. Of course not all three alternatives have to be mutually exclusive and that is the root of the ECB’s current dilemma.

The ECB wants to avoid contagion. With Portugal, Spain and Italy the countries whose debt will be harder hit if Greece does not reach an agreement the incentive for the ECB to avoid a credit default is paramount as both the bond holders and the insurers are all in this mess together.

Country singer Randy Travis was arrested Monday morning in Sanger on a charge of suspicion of public intoxication.

Tom Brady's wife points fingers after Patriots lose to Giants.

New York's 21-17 victory ranks in the top 10 of all Super Bowl games.

Despite its financial difficulties and relatively heavy work load, the U.S. Postal Service has been declared the finest in the world by a British study.

Despite its financial difficulties and relatively heavy work load, the U.S. Postal Service has been declared the finest in the world by a British study.

Despite its financial difficulties and relatively heavy work load, the U.S. Postal Service has been declared the finest in the world by a British study.

Jury selection began Monday in the trial of former University of Virginia lacrosse player George Huguely.

Oren Peli wasn’t satisfied with scaring the bejeezus out of you in the theater, so he’s bringing his particular brand of horror right into your TV.

For the first time in decades, it's becoming more common to see three generations living under one roof seeking affordability and convenience.

Business schools, non-profits, and private employers are sending students and young workers to developing nations to hone their business skills.

The Facebook COO, who is No. 12 on Fortune's Most Powerful Women list, is on a PR roll.

Faced with a strong jobs report Friday, Republicans tried out a new rhetorical message: This isn't a disaster, but Ronald Reagan could have done better.