Richard Yu, CEO of Huawei's consumer business, said Huawei's own operating system for smartphones and laptops could be ready for use in China by fall this year.Technologyread more
British Prime Minister Theresa May could announce her resignation in the next few days, according to U.K. media reports, as she faces increasing pressure from members of her...Europe Politicsread more
Shares of Chinese telecommunications heavyweight Huawei's suppliers took a hit on Thursday afternoon amid the ongoing fallout surrounding the Chinese telecommunications giant.Asia Marketsread more
Lawmakers, lobbyists and CEOs in the U.S. are looking to trying to pick out the best parts of the EU's privacy law called GDPR – and ditch what they see as the worst.Technologyread more
After holding parliamentary elections over seven phases, India started counting the votes on Thursday — and Prime Minister Narendra Modi's Bharatiya Janata Party-led coalition...Electionsread more
The embattled German lender saw its share price hit a record low Monday, down nearly 5% since the start of the year.Banksread more
Among the many ways Trump has shattered White House norms, his impulsive public communications rank among the most consequential. By inspiring investors or spooking them, his...Politicsread more
Political experts believe the vote could give more insight into national politics in each member state, rather than on the future of the EU itself.Europe Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
China accounted for 40% to 60% of the global increase in trichlorofluoromethane, or CFC-11, emissions between 2014 and 2017, a study found.Scienceread more
CNEX, backed by Microsoft and Dell, filed new allegations in a Texas suit accusing China's Huawei and an executive of trade secrets theft.Technologyread more
College textbooks cost too much—and something needs to be done about it, according to a report from the advocacy group U.S. PIRG.
The College Board estimates that the average student in this country spends around $1,200 a year on books and supplies. A single book can cost as much as $200.
Between 2002 and 2013, the price of college textbooks rose 82 percent—nearly three times the rate of inflation, according to a recent study by the Government Accountability Office.
The PIRG report, "Fixing the Broken Textbook Market," suggests that students who are already struggling to afford college may do things that undermine their education to deal with the rising costs of their books.
(Read more: Paper or email? Pros and cons of digital receipts)
That conclusion is based on a survey of more than 2,000 students from more than 150 different campuses across the country conducted last fall.
"Not only are students choosing not to purchase the materials they are assigned by their professor, but they are knowinglyaccepting the risk of a lower grade to avoid paying for the textbook, " the study concluded.
(Read more: Colleges with the most bang for the buck: Survey)
PIRG says publishers use "a set of tactics to drive prices skyward," such as releasing new editions every three to four years regardless of changes in the subject material.
"They price these new editions quite high, which in turn dictates the price of used books and rental books," said Ethan Senak, higher education associate at U.S. PIRG. "Even as they move into e-textbooks, publishers incorporate paywalls, expiration dates and printing restrictions that further continue the practices they've used to control the traditional market."
(Read more: Consumers have had enough, 'rage survey' says)
The publishing industry says PIRG got it all wrong.
"We feel this report is highly distorted and biased," said David Anderson, executive director for higher education at the Association of American Publishers. "Comparing online open source content with textbooks is not a fair comparison."
The association said that students can use a website called CourseSmart to rent their textbooks for $200 a semester.
"Digital textbooks are the wave of the future and publishers are adjusting to that in a way that is very affordable for students," Anderson said.
Samantha Zwerling, student body president at the University of Maryland, College Park, sees the cost of textbooks having a negative impact on her classmates.
"Students might not be taking a course with the best professor or a course that they'd really like to take because the materials cost so much," she said. "Textbooks are not only hurting their wallets, but also their grades and their academic decisions."
(Read more: Americans need financial education, report says)
Consumer advocates believe the solution is to expand the market for "open textbooks." These books are written by faculty and peer-reviewed, just like traditional books, but they're free online and to download. They're typically available in print for between $20 and $40.
Irene Duranczyk, a University of Minnesota professor, uses an open textbook for her statistics course. She said the online material is high quality and can be customized to fit her teaching style. The traditional book is $180; the open source one is free.
"Students are very, very appreciative of being assigned a textbook that didn't break the bank," Duranczyk said.
Several major universities have invested in supporting and developing high-quality open textbooks for their students, but the percentage of the market is still minimal.
"Open textbooks have the potential to change education for the better and I plan to use them in my classroom in the semesters ahead," Duranczyk said.