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Feds Approve First-Ever Medicinal Marijuana Study
Tuesday, March 18, 2014 - 3:43pm | 721Signaling a major shift in domestic drug policy, the U.S. federal government has signed off on a study of marijuana use for veterans with posttraumatic stress disorder (PTSD). The study, to be conducted by Dr. Suzanne Sisley at the University of Arizona, will test the effects of five different...
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Is The NSA Impersonating Facebook To Spy On People?
Friday, March 14, 2014 - 1:13pm | 574The National Security Agency (NSA) said Thursday a report based on documents provided by Edward Snowden charging that the agency “in some cases” was able to target computers for surveillance by impersonating Facebook (NASDAQ: FB) was false. According to a report this week by The Intercept, an...
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10 Things Most People Don't Know About The Debt Ceiling
Thursday, February 13, 2014 - 4:41pm | 1082With the Senate's recent approval of the House-passed clean debt limit legislation, now might be a good time to define the debt ceiling (aka “debt limit”). The U.S. Treasury defines the debt limit as “the total amount of money that the United States government is authorized to borrow to meet...
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How Big A Role Will U.S. Regulators Play In A Potential T-Mobile Takeover?
Thursday, December 26, 2013 - 12:26pm | 618T-Mobile US (NYSE: TMUS) is a takeover target. That much seems almost certain. Whether it will eventually be acquired by Sprint (NYSE: S), Dish Network (NASDAQ: DISH) or someone else is open to debate. As the various players position themselves, one entity stands ready to make or break any...
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Professional Services Council's Alan Chvotkin On Shutdown Of '95 And Today
Tuesday, October 1, 2013 - 9:35am | 260Professional Services Council Executive Vice President Alan Chvotkin appeared on CNBC's Worldwide Exchange Tuesday morning to talk about the United States government shutdown and how it compares to the shutdown of 1995. "There will be a large number of federal employees who will be told today...
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Google Patents Location-Based Security Feature (GOOG)
Friday, August 23, 2013 - 11:10am | 562Adapting device security to physical location is an idea whose time has come, at least for Google (NASDAQ: GOOG). Engadget reported Thursday that the company had applied for a patent on a system that alters the security system on your smartphone and other devices to fit your surroundings. If...
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BP Sues EPA, Asks Court To Lift Ban On Bidding For Government Contracts (BP)
Tuesday, August 13, 2013 - 9:00am | 455BP (NYSE: BP) is getting frustrated, and it shows. The company has spent a lot of time in the courts lately, but its most recent filing came Monday when it asked the courts to lift an EPA ban on bidding for government contracts. As it stands, BP is unable to bid on any government contracts. The...
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Todd Park on the Culture Of Tech In The U.S. Government
Monday, July 8, 2013 - 10:27am | 290U.S. Chief Technology Officer Todd Park talked about the government tech that keeps the country moving. Park started by stating that President Obama has championed the concept of "harnessing the power of tech and innovation to make government better and to build a brighter future for America. He...
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How Long Till The Roof Comes Off The Debt Ceiling?
Wednesday, August 3, 2011 - 12:50pm | 739The twenty-fourth hour approached and a deal was finally made. But it was hardly finished, more like a temporary piece of tape for a blown out tire. Except the tire is the U.S. public debt and the piece of tape is an acceptable Presidential proposal in order to help the U.S. government vehicle keep...
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How Long Till The Roof Comes Off The Debt Ceiling?
Wednesday, August 3, 2011 - 12:48pm | 745The twenty-fourth hour approaches and a deal is finally made. Despite the deal being done, it was hardly finished, more like a temporary piece of tape for a blown out tire. Except the tire is the U.S. public debt and the piece of tape is an acceptable Presidential proposal in order to help the U.S...
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Smartphones: The Future of Combat?
Monday, July 18, 2011 - 7:02am | 393Taking a cue from the current generation's proficiency in technology, The United States Army is continuing to develop on-the-ground smartphone use, and could see a 'limited deployment' later this year. The Army is using smartphones to text message (SMS) updates to superiors, send pictures with an...
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Moody's Sees 'Small but Rising Risk' of U.S. Short-term Debt Default
Friday, June 3, 2011 - 6:10am | 292Noting that "if there is no progress on increasing the statutory debt limit in coming weeks," Moody's Investors Service "expects to place the U.S. government's rating under review for possible downgrade due to the very small but rising risk of a short-lived default." The investors service rang the...
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Republicans Release Proposed Budget
Wednesday, April 6, 2011 - 12:20pm | 203House Republicans released their plans Tuesday morning to reduce the federal deficit by $5 trillion over the next decade. Republican Paul Ryan, House Budget Committee Representative, unveiled the plan not as a proposal for legislation, but rather as a guideline for future action in Congress and as...
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AIG and U.S. in Advanced Repayment Talks: Source (AIG)
Tuesday, September 14, 2010 - 12:45pm | 218American International Group Inc. (NYSE: AIG) and the Treasury Department are in advanced discussions over repayment terms, a source familiar with the matter told Reuters. The Reuters report notes that "A possible conversion of the Treasury's $49 billion preferred stake in AIG into common stock is...
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AIG Crushes Street Expectations, Talks Bailout Exit (AIG)
Friday, August 6, 2010 - 11:19am | 237American International Group Inc.'s (NYSE: AIG) second quarter earnings topped Wall Street expectations on Friday, and the insurer said it had started talks on repaying the bailout it received from the U.S. government. AIG reported quarterly earnings of $1.3 billion, or $1.99 per share, excluding...