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  • VANCOUVER/ TORONTO, May 21- The successful initial public offering of Shopify could prompt Hootsuite, another promising Canadian tech startup, to tap public markets sooner rather than later, its chief executive said on Thursday. "I've talked about 18 to 24 months, but I'm very bullish given the success that Shopify has had, and maybe we will want to speed that up a...

  • IRS refunds $10M to tax preparers who paid to take test Thursday, 21 May 2015 | 2:18 PM ET

    WASHINGTON— The IRS is refunding a total of $10 million to thousands of tax preparers who paid to take a competency test, the agency announced Thursday. A federal court struck down IRS regulations in 2013 that sought to require some tax preparers to get training and take a test. "The IRS remains committed to the principle that all persons who prepare federal tax...

  • LONDON, May 21- Royal Dutch Shell Chief Executive Ben van Beurden on Thursday slammed as a "red herring" calls for investors to divest from energy companies as part of the fight against climate change. Large investors, including faith groups, university endowments and public pension funds have all in recent months backed fossil fuel divestments ahead of the U.N....

  • BEIJING, May 21- A Chinese university denied on Thursday U.S. espionage charges filed against three of its staff who are among six Chinese people the United States has accused of stealing technology often used in military systems. The U.S. Justice Department announced the charges against the six on Tuesday, the third time in as many years that U.S. authorities...

  • Stockton head passes on Maine job to unravel Showboat mess Wednesday, 20 May 2015 | 10:57 AM ET

    ATLANTIC CITY, N.J.— The acting president of Stockton University is giving up a university presidency in Maine to help unravel the New Jersey school's stalled deal to convert a former Atlantic City casino into a satellite campus. Harvey Kesselman was named acting president on April 28, with the understanding he would leave Stockton to become president of the...

  • WILMINGTON, Del., May 19- The bankruptcy of Corinthian Colleges Inc, one of the biggest for-profit college chains, has set off a scramble to find a way to wipe away billions of dollars of student loans for those who attended its campuses. The groups, including the National Consumer Law Center, said the Department of Education had the authority because Corinthian...

  • WASHINGTON— A Tennessee man and his family used much of the $187 million it collected for cancer patients to buy themselves cars, gym memberships and take luxury cruise vacations, pay for college tuition and employ family members with six-figure salaries, federal officials alleged Tuesday in one of the largest charity fraud cases ever, involving all 50 states.

  • LYNCHBURG, Va., May 16- Virginia's Sweet Briar College held what could turn out to be its final commencement on Saturday, as supporters battle to keep the 114- year-old institution from joining the ranks of all-women's schools that have shut down in recent years. In a decision that caught many by surprise, its board of directors announced in March that Sweet Briar...

  • Harvard's in-house fund managers get 70% pay hike Thursday, 14 May 2015 | 5:47 PM ET
    Banners hang outside Memorial Church on the Harvard University campus in Cambridge, Massachusetts.

    Harvard, the world's richest university, said on Thursday it paid its six in-house money managers a combined $49.3 million in 2013.

  • COLUMBUS, Ohio— Ohio State University named an associate marching band director Thursday as the replacement for Jonathan Waters, who was fired for turning a blind eye to a "sexualized culture" there. Christopher Hoch will serve on an interim basis. The possibility he'll stay on permanently as leader of the celebrated band known to fans as the Best Damn Band in the...

  • Harvard's in-house fund managers get 70 pct pay hike Thursday, 14 May 2015 | 4:14 PM ET

    CAMBRIDGE, Massachusetts, May 14- Harvard, the world's richest university, said on Thursday it paid its six in-house money managers a combined $49.3 million in 2013, up more than 70 percent from the previous year, citing the team's "outperformance" in growing its endowment fund. Stephen Blyth was the top-paid manager with $11.5 million in compensation, more than...

  • NEW YORK— Career Education Corp. announced the resignation of board member David Devonshire on Thursday and said that the seat will not be filled. Devonshire, 69, has been on the board of the for-profit school since March 2008 and was its chairman for a year beginning in May 2013. Shares of the Schaumburg, Ill., company have been under strain, falling almost 40...

  • Tip of the hat: Colbert funds $800K to SC teachers Thursday, 7 May 2015 | 2:05 PM ET
    Stephen Colbert smiles while taping the "The Colbert Report" with President Barack Obama, not pictured, in Lisner Auditorium at George Washington University in Washington, Dec. 8, 2014.

    Comedian Stephen Colbert agreed to fund every classroom project in South Carolina on DonorsChoose.org, totaling $800K in grants.

  • May 4- Corinthian Colleges Inc, the for-profit college operator hamstrung by federal and state investigations, filed for bankruptcy in Delaware on Monday, about a week after announcing it would shutter its remaining campuses and cease operations. In April, the Department of Education fined Corinthian $30 million for misrepresenting job placement rates to...

  • YOUR MONEY-College savings take a dive - study Wednesday, 29 Apr 2015 | 12:01 AM ET

    LOS ANGELES, April 29- Average amounts saved for college have fallen 25 percent since last year and fewer middle-income families are saving for higher education, even as parents overwhelmingly endorse its value as an investment, according to "How America Saves for College 2015," the latest survey by education lender Sallie Mae. "The biggest reason for the...

  • The FDA said it considered Velocity adulterated because there is not enough information to provide reasonable assurance that DMBA is safe. The FDA actions come amid pressure from lawmakers and a Harvard University academic, Dr. "Rather than waiting until heart attacks, strokes or deaths are definitely linked to this new designer stimulant, the FDA has now made...

  • April 26- For-profit college operator Corinthian Colleges Inc said it will immediately shut down all its remaining campuses and cease substantially all other operations. Earlier this month, the U.S. Department of Education fined Corinthian Colleges $30 million for misrepresenting job placement rates to students in it Heald College system.

  • NEW YORK, April 24- Louisiana State University is exploring contingency plans in light of the state's $1.6 billion budget shortfall which has resulted in proposed spending cuts, but has not declared "financial exigency," the institution said in a statement on Friday. LSU said that contrary to some media reports, it had not begun the process of filing for financial...

  • COLUMN-Two-year degrees can really pay off Monday, 20 Apr 2015 | 11:36 AM ET

    LOS ANGELES, April 20- Steven Polasck of Corpus Christi, Texas, liked math and science in high school. He considered attending a four-year college but ultimately decided to use his strengths to get a two-year degree in instrumentation from Texas State Technical College. "I went to work on the Monday after graduation," said Polasck, 27, who monitors and fixes systems...

  • App makers want kids to learn and love robotics Friday, 17 Apr 2015 | 2:54 PM ET

    Companies can now utilize the smartphone space to make education a fun activity, and what better way to teach kids than with robots?