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The Wall Street Journal reports that 2013 has already set a new record for "expatriations," defined as citizens renouncing their citizenship or permanent residents giving back their green cards. The Journal quotes tax lawyer Andrew Mitchel, who found that there have been 2,369 expatriations as of the end of the third quarter; that's an increase of 33 percent over all of 2011, the previous record-holder. And with the IRS coming aggressively after Americans living in Canada, no doubt many more will consider flying the coop.
For the past six quarters -- 18 months to you and me -- a trend has been afoot in the U.S. pay-TV industry. According to website AllThingsD, which keeps track of such things, every three months that it's checked in on Comcast's customer counts recently, it's found fewer and fewer people subscribing to the cable behemoth.
By Rich Smith
With a fiscal 2013 defense budget of nearly $614 billion, the United States is widely known to be a big spender on defense. By some estimates, U.S. defense spending accounts for nearly 60 percent of the $1.19 trillion the top 10 military powers spent on defense in 2011. In fact, the U.S. allocates more than five times more money to defense than does its closest spending rival, China.
And that's not the half of it. In the cutting-edge field of military unmanned aerial vehicles, the United States has such a huge lead over its rivals that it makes their combined UAV fleets look like a rounding error in a world that's essentially 100 percent dominated by U.S. drones.
By Michele Lerner
If you've ever lied about your spending or pocketed change you didn't deserve, you're not alone. Two new surveys reveal that a surprisingly high percentage of people are willing to cheat financially, and that women tend to be more honest than men when it comes to money.
According to a recent survey by Money-Rates.com, 37 percent of respondents say they've kept excess change handed to them by a cashier. And, 25 percent said that they would or might do it again in the future if the opportunity presented itself.
It might be the boldest variation yet on what's becoming a classic Craigslist scam. A woman in western Missouri is accused of bilking at least six families out of thousands in rent and deposits on a house that she pretended to own, promising each that they'd be the sole occupants when she moved out this fall. Amanda S. Paris, 44, of Independence (pictured above) was arrested and charged Tuesday with six felony counts of "stealing by deceit," reports The Kansas City Star.
On Monday, Paris had been the subject of a local TV station's "Problem Solvers" news segment (see the video below). In it one of the renters whom she'd allegedly victimized through a Craigslist classified ad was interviewed, along with the actual owner of the home in Blue Springs, who had been renting it out to Paris. Danielle Niccoli told WDAF-TV in Kansas City that she expected to move into the home with her husband and their five children in September, and that Paris told them "she was the owner" and "was moving to Omaha, because she got a job and needed to rent the house out while she was away." The home's owner, Jamie Stidham, told the station that when Paris began renting the house from him in June, her deposit check for $3,000 bounced, though she eventually came up with the payment.
Organovo (NYSEMKT: ONVO) has made headlines this year for its revolutionary tissue engineering platform, more commonly referred to as 3-D bioprinting. The company can add a tremendous amount of value to the pharmaceutical industry in the drug discovery process in the next several years and is targeting longer-term revenue streams with its ability to grow cancer tissues and human organs for transplantation. However, focusing solely on these great advances sells short the broader impacts that industrial tissue engineering and 3-D bioprinting platforms can have on society. What are some less-publicized applications within reach of the disruptive technologies?
According to the National Retail Federation, the average American will spend nearly $740 on gifts, decorations and greeting cards this holiday season.
But S.S. Gee Burro, a Pennsylvania-based author, is not an average American -- at least, not when it comes to his family's gifting practices.
"Each member in my family has a stocking, and each family member puts in a gift that costs no more than $2," he says, noting that the threshold had been raised from $1 due to inflation. "We all know who left buying until the last minute -- they are the ones who bring lottery tickets." With 20 family members present for Christmas, that keeps per-person Christmas spending below $40, and he says the only gifts given beyond the stockings tend to be of the hand-made variety.
If you haven't received an email by now offering you a huge sum of money in exchange for a small initial deposit or fee, you should feel a little left out.
According to "Financial Fraud and Fraud Susceptibility in the United States," a new report from the FINRA Investor Education Foundation, 67 percent of consumers have received this type of email. Another 36 percent have received a letter that says they've won a lottery in a country they've never visited.
The survey found that all told, more than 8 in 10 consumers have been asked to participate in a potentially fraudulent offer.
Filed under: Employment & Careers
A 911 dispatcher was suspended for three days for texting with her personal cell phone while her trainee bungled an emergency call, which may have contributed to a Florida man's death. In a further twist, Certified Training Officer Shauna Justice was subsequently arrested for pointing a gun at a reporter who approached her trying to get her side of the story, as ClickOrlando reports.
Justice was suspended for three days after video showed she was texting on her phone while the subordinate she was training handled the 911 call that came in reporting Bob Hill's collapse on a racquetball court.
Hill, 58, was dead by the time help arrived 15 minutes later. Video footage obtained by Click Orlando showed Justice using her cell phone while the trainee accidentally sent the ambulance to the wrong location following a miscommunication with the person reporting the emergency.
In the 911 call, the caller clearly states the cross streets of his location, but misstates the wrong name of the center, Click Orlando reports. It took the trainee dispatcher 10 minutes of guiding the caller through CPR with his friend to realize he had sent the ambulance to the wrong destination.
"It's a big mistake and again it could have cost him his life," friend Ed Mallaire told a reporter for Local 6. "With the help of his supervisor together they should have made everything go right. They should have been there right away. Not in 14 minutes."
Further complicating matters, Justice pulled the gun and threatened a local TV reporter. She was arrested and taken to jail and the Volusia County Sheriff's Office said there will be an internal investigation filed for the incident.
By Erik Sherman
Most people are myopic when it comes to thinking about their work. They think about their job today and maybe the next one they want. But building a career requires a longer view, including an idea of where markets and employment are heading. You don't want to be the equivalent of the young person who decided to apprentice in making buggy whips in 1905.
Building a long-lasting career means at least thinking about what might be ahead in the next 10 to 20 years. So what lies ahead? A good question. We checked with the work of futurists, career experts, and technologists to see what might happen. Some of what they envision is downright scary; some of their predictions might give you hope. But any and all of them should at least get you thinking about what you should do in the near- and mid-term future.