Warren Buffett Says Rich People Should Pay Higher Taxes

Billionaire investor Warren Buffett said that wealthy Americans should pay more in taxes and that the Bush-era tax cuts for high-earners should expire, Bloomberg News reported.

“People at the high end — people like myself — should be paying a lot m…

For-Profit Colleges Could Lose Federal Aid

Some for-profit colleges may lose access to U.S. government aid as the Department of Education works to improve oversight of the sector.

Colleges that pay recruiters based on how many students they sign up could be disqualified from participating in …

Ireland to Overhaul Banking Sector as Part of Rescue Package

Ireland will restructure its banking sector as part of a massive economic aid package from the EU and IMF.

Irish banks will shrink, merge or be sold off, Finance Minister Brian Lenihan said, according to The Associated Press.

The banks are saddled …

On ‘Undercover Boss,’ Generations Clash at Subway

Don Fertman, director of development at the Subway sandwich chain, tries his hand at making sandwiches, baking bread and many of the other jobs that keep a Subway franchise humming — all under the supervision of a stern and mu…

White House Pledges to Push Congress on Technology Goals

The Obama administration plans to put pressure on Congress in 2011 to move ahead on key technology policies such as patent reform and privacy.

“Much of the policy work is really contingent on congressional action or budgetary action, so you’re by def…