Economy & Business

Paying For College
2:37 am
Thu April 24, 2014

When Money Trumps Need In College Admissions

For many low-income students, economic trends are making the prospect of getting into the college of their choice, and reaching graduation, even more difficult.
iStockphoto

Originally published on Thu April 24, 2014 11:51 am

At some schools, the admissions process itself can work against low-income students, according to Georgia Nugent, former president of Kenyon College and a senior fellow at the Council of Independent Colleges.

Nugent says during her tenure at Kenyon, there were low-income students at the bottom of the admissions list who sometimes weren't accepted so the school could make room for more affluent students.

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The Two-Way
5:56 pm
Wed April 23, 2014

Reports: FCC Poised For Changes To Net Neutrality Policy

Originally published on Wed April 23, 2014 11:09 pm

This post was updated at 12:10 a.m. ET on Thursday. See update below for details.

The Federal Communications Commission is getting ready to propose new rules when it comes to net neutrality, The New York Times and The Wall Street Journal are reporting based on unnamed sources.

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Shots - Health News
4:31 pm
Wed April 23, 2014

Costly Hepatitis C Pill Shreds Drug Industry Sales Record

Sovaldi, a daily oral treatment for hepatitis C, costs $1,000 a pill.
Courtesy of Gilead Sciences

The launch of Sovaldi, the $1,000-a-day pill for hepatitis C, is shaping up as the most successful ever.

The Food and Drug Administration approved the pill in December. And then Gilead Sciences was off to the races. The company said it sold $2.27 billion worth of Sovaldi in the quarter that ended March 31. $2.27 billion!

The boffo number beat Wall Street's estimate for the quarter by more than $1 billion.

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The Two-Way
4:21 pm
Wed April 23, 2014

Brazil Becomes One Of The First To Adopt Internet 'Bill Of Rights'

Brazilian President Dilma Rousseff delivers a speech during the opening ceremony of the "NETmundial Global Multistakeholder Meeting on the Future of Internet Governance", on Wednesday in Sao Paulo, Brazil.
Nelson Almeida AFP/Getty Images

Brazilian President Dilma Rouseff signed into law a kind of Internet bill of rights on Wednesday.

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The Salt
3:51 pm
Wed April 23, 2014

Slowly And Sweetly, Vietnam's Chocolate Industry Grows

Vincent Mourou, co-founder of Vietnam's first artisan chocolate maker Marou, inspects cacao beans at a farmer's garden in Go Cong Tay district.
Hoang Dinh Nam AFP/Getty Images

When you think about Vietnamese food, you might think of savory beef noodle soup, or endless fields of rice paddies. But chocolate?

As the world's demand for chocolate grows, Vietnam is making a bid to become one of the world's newest high quality suppliers.

Samuel Maruta and Vincent Mourou are two players in the country's small but growing cocoa industry. They founded Marou, an artisan chocolate company, three years ago in Ho Chi Minh City.

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