The two vessels, one flagged in Germany and the other in Singapore, come together after one appears to lose rudder control.
Going into Julia Pierson's hearing before the House Oversight and Government Reform Committee on Tuesday, President Obama has expressed confidence in her and the agency she leads. Will that change?
"For the first time in modern history, the eastern basin of the South Aral Sea has completely dried," NASA says, citing satellite photos from 2000 and 2014.
Rabies kills tens of thousands of people each year. Now scientists are hoping to mount a final siege against the virus globally. The trick? Getting all of our four-legged friends in for a shot.
What a difference eight months makes.
Just last January, eBay President and CEO John Donahoe told analysts in a big conference call, “We and the board believe the best way to drive long-term shareholder value is to keep eBay and PayPal together.”
But here's what Donahoe said in a different statement Tuesday morning, announcing that eBay will spin off PayPal into a separate, publicly traded company: “However, a thorough strategic review with our board shows that keeping eBay and PayPal together beyond 2015 clearly becomes less advantageous to each business strategically and competitively. The industry landscape is changing, and each business faces different competitive opportunities and challenges."
So, what’s changed? Well, there's been continuing pressure from activist shareholders like Carl Icahn. He’s said all along that PayPal could make more money if it were separated from eBay. Icahn thinks Ebay had a conflict of interest that held back PayPal’s growth.
We can start seeing if Icahn’s right when PayPal becomes a stand-alone stock of its own. That’ll be after an initial public offering sometime later next year.
Here's a government service: The Federal Trade Commission has told two companies to quit selling caffeinated women's undergarments because they don't actually slim your nether regions as advertised.
The Federal Communications Commission voted this morning to eliminate the controversial blackout rule. The rule, which mainly applies to NFL games, says if 85 percent of tickets aren’t sold, teams can prevent local broadcasts of games.
If NFL teams decided to impose the rule for a game, free local TV couldn’t broadcast it. The rule further said cable and satellite TV couldn’t air it locally, either.
The NFL didn't want the blackout rule eliminated. It has said that without the rule, it could just move all its games to cable, putting them out of reach of low income fans who can’t afford cable.
“The NFL is doing a lot of posturing here,” says Andrew Zimbalist, a sports economist at Smith College. He says NFL teams can still tell broadcasters and cable outlets to black out games. It doesn’t need the FCC to do that. “The NFL can still negotiate to black out the game whenever there’s a deficiency in attendance. So we’re unlikely to see any appreciable effect here.”
And, Zimbalist says, if the NFL did try to move all its games onto cable, it would violate a law called the Sports Broadcasting Act, which was designed to keep games on TV.