In 2009, Goldman Sachs Doubled Bonus Pool to Employees From Year Prior

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RAW STORY– Yesterday, we brought you the insurance company that wouldn’t insure a 17-pound infant because he was too heavy. Today, we bring you the investment bank that manages to double its bonuses during the worst recession since the Great Depression. On Thursday, Goldman Sachs will announce the firm’s bonus payments for 2009. Analysts expect the bonus pool to mushroom … Read More

Comcast Blocks Internet Traffic

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MSNBC– Comcast Corp. actively interferes with attempts by some of its high-speed Internet subscribers to share files online, a move that runs counter to the tradition of treating all types of Net traffic equally. The interference, which The Associated Press confirmed through nationwide tests, is the most drastic example yet of data discrimination by a U.S. Internet service provider. It … Read More

Internet Providers Want to Meter Usage

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MSNBC– If Internet service providers’ current experiments succeed, subscribers may end up paying for high-speed Internet based on how much material they download. Trials with such metered access, rather than the traditional monthly flat fee for unlimited connection time, offer enough bandwidth that they won’t affect many consumers — yet. But as more people use the Internet to watch TV … Read More

Group Says Verizon Reaped $2 Billion from False Promises

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PITTSBURGH LIVE– In the midst of a battle with state regulators over the capability of its broadband service, Verizon Communications is now being challenged by a consumer group that says the telecommunications giant owes Pennsylvanians $2.1 billion for promising a faster network than it has delivered. The accusation by TeleTruth, a New York City-based nonprofit, cites the same 1995 network … Read More

Serious Concerns Raised over Monsanto GM Maize Variety

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FOOD PRODUCTION DAILY– Monsanto’s genetically modified maize MON863, authorised for human consumption since 2006, showed signs of liver and kidney toxicity in a rat study, raising concerns about its safety. The study, performed by French researchers from the independent CRIIGEN (Committee for Independent Research and Genetic Engineering), based at the University of Caen reports that rats fed the maize for … Read More

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