What College Dropouts Cost Taxpayers: $9 Billion a Year

A new study by the nonprofit American Institutes for Research set out to tally the costs associated with freshman students who don’t return to the college where they initially enrolled. It found that taxpayers foot a pretty ste…

In the Tattoo Business, Profits Are Hardly Skin Deep

Like them or loathe them, tattoos are going mainstream as a growing number of Americans now sport body art. And despite the recession, the tattoo industry has been doing well. Even its flip side — tattoo removal — can be lucr…

Sanofi-Aventis to Cut 1,700 Jobs in the U.S.

Sanofi-Aventis (SNY) said Friday it plans to lay off 1,700 workers at its U.S. pharmaceutical operations, which amounts to about 25% of its U.S. workforce. The cutbacks are part of an ongoing restructuring to streamline its business amid a “challenging…

America’s Job-Creation Engine Remains Stalled

The economy lost 95,000 jobs in September, because the private sector hired only 64,000 workers while governments cut 159,000. The jobless rate remains 9.6%. Minus the usual boosts from housing and consumers, the U.S. still lac…