A nickel boost in the first-class stamp price to 50 cents is part of the U.S. Postal Service’s latest plan to stop bleeding red ink.
From Business and financial news – CNNMoney.com: Insider trading ban hits a snag
What the heck is wrong with our government?! Our own Congress, the civil servants that we select, can still make money based on inside trading while the rest can’t?! This is pure bogus at its finest!!
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It should be a no-brainer: a popular bill with bipartisan support that bans insider trading by members of Congress.
From Gizmodo: Twitter Saves Your Address Book’s Contents for 18 Months
Twitter, did you learn nothing from Path’s recent kerfuffle? Customers do not like it when you remotely store their personal information, especially without telling them. More »
from Gizmodo
From DailyTech Main News Feed: AT&T Throttling Unlimited Data Users After Only 1-2 GB
Customers are outraged, saying AT&T is just trying to get them to use tiered data plans
From Autoblog: Study: Cheaper cars are more expensive to insure
This makes no sense!! (OK, it does, but still!!!)
So basically, don’t buy too cheap of a car?! o.O
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Life is not fair. That’s about the only rational explanation we can offer for this little fact of life: A low MSRP is likely to mean big insurance payments.
Citing information from Insure.com, MarketWatch says the average price to insure a 2012 Honda Civic sedan, for instance, is about $2,353 per year, while a 2012 Toyota Sienna will run only $1,111 annually. The least expensive vehicles to insure tend to be relatively large vehicles, like minivans, trucks and SUV’s, according to the report. Even though those vehicles tend to be much more expensive than compact cars, they also tend to be driven by older, safer drivers.
Don’t think this is just a case of the rich getting richer, however, as expensive luxury and sports cars are none too cheap to insure either. The 2012 Audi R8 Spyder topped the Insure.com list of most expensive vehicles to insure at $3,384 per year. The Sienna had the lowest average insurance cost in the study, followed by the Jeep Patriot and Dodge Grand Caravan.
Insure.com’s editorial director, Amy Danise, told MarketWatch that the savings some people think they’re getting by buying small could evaporate because of the higher insurance premiums. Her advice to keep premiums low? “Buy the minivan, move to the farm, only drive it locally and make sure you never have an accident or kids,” she said.
I think we’ll just keep writing those checks to AAA instead.
from Autoblog
From NPR News: Suspected Iranian Assailant Hurt In Bangkok Blast
Whoa! Iranian?! In Thailand?! I don’t get it…
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Apichart Weerawong/APA Thai Explosive Ordnance Disposal official examines a backpack that was left by a suspected bomber following two blasts Tuesday in Bangkok.
An Iranian man carrying explosives blew off his own legs and wounded four other people in two blasts Tuesday in Bangkok, Thai authorities said. A third blast occurred in a nearby house.Security forces found more explosives in the assailant’s rented house in the capital, but it was not known what targets they might have been meant for, Police Gen. Pansiri Prapawat said.
from NPR News
From NPR News: In France, Drivers Face Gas Prices Of $8 A Gallon
This is bad…
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Prices for gasoline are hitting record highs in France, where a gallon now costs more than $8 in some areas. Here in the U.S., analysts are predicting high gas prices for American drivers this summer — more than $4 in many areas, from a current average of $3.52.
from NPR News