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Wednesday, January 28, 2015

Obama Scraps Plan to End College Savings Tax Break (Newser Daily Digest)

Obama Scraps Plan to End College Savings Tax Break

(Newser) - President Obama has backed away from a plan to end a tax break for "529" college saving plans after meeting a backlash from lawmakers from both parties. The White House, which had presented the plan as a way to end a tax break mainly enjoyed by the wealthy and... More »

Newser located this story for you on Wednesday, January 28, 2015 7:04 AM. The story matched your section(s) Money.

All Coloradans May Get Pot-Tax Refund

(Newser) - Colorado's marijuana experiment was designed to raise revenue for the state and its schools, but a state law may put some of the tax money directly into residents' pockets, causing quite a headache for lawmakers. The state constitution limits how much tax money the state can take in before... More »

Newser located this story for you on Wednesday, January 28, 2015 7:04 AM. The story matched your section(s) Money.

Want a 'Unique' Baby Name? That'll Be $32K

(Newser) - What's in a name? About $32,000 apparently, if you want one that's unique. A new Swiss company called Erfolgswelle offers to create a list of globally unique baby names and pare them down with clients until they pick one, the San Francisco Chronicle reports. "We follow... More »

Newser located this story for you on Wednesday, January 28, 2015 7:04 AM. The story matched your section(s) Lifestyle.

Apple Breaks Corporate Profit Record

(Newser) - Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season. Apple said today that net income rose 38% to $18 billion, which beat Gazprom's $16.2 billion profit for the first quarter of 2011—the previous corporate... More »

Newser located this story for you on Wednesday, January 28, 2015 7:04 AM. The story matched your section(s) Money.

Thieves Grab Gold Nuggets From Wells Fargo

(Newser) - Talk about brazen: Masked thieves smashed a stolen SUV into the site of Wells Fargo's original bank in San Francisco early this morning and made off with historic gold ore and nuggets, the San Francisco Chronicle reports. Wearing hoodies and ski masks, they broke into display cases at the... More »

Newser located this story for you on Wednesday, January 28, 2015 7:04 AM. The story matched your section(s) Money.

Water Temple Reveals 'Drought Cult' of Mayans

(Newser) - Mayans appear to have been done in by a series of severe droughts , and archaeologists now think that something called a "drought cult" sprang up when things were most desperate, reports National Geographic . Researchers led by Lisa Lucero of the University of Illinois have found a water temple in... More »

Newser located this story for you on Wednesday, January 28, 2015 7:04 AM. The story matched your section(s) Science.

New Greek Govt.: Debt Repayment Isn't Realistic

(Newser) - As Greece's newly elected Syriza party takes office, its top economics spokesman is making the party's views on debt clear. It's "unrealistic" to think that Greece will be able to pay back the $270 billion bailout it received from the eurozone and other lenders, Euclid Tsakalotos... More »

Newser located this story for you on Wednesday, January 28, 2015 7:04 AM. The story matched your section(s) Money.

Dow Plummets 370+

(Newser) - It's a miserable day on Wall Street so far, with the Dow plunging more than 370 points about an hour after the open. MarketWatch says one of the driving factors is a weak report on durable-goods orders, which suggests that businesses are worried about a slowdown rather than investing... More »

Newser located this story for you on Wednesday, January 28, 2015 7:04 AM. The story matched your section(s) Money.

CBO: ObamaCare Will Cost 20% Less Than We Thought

(Newser) - When the CBO was crunching numbers back in 2010 on how much ObamaCare would cost the federal government, it came up with a figure of $710 billion for fiscal years 2015 to 2019. Yesterday, the agency cut that by 20% to $571 billion, reports the New York Times . CBO chief... More »

Newser located this story for you on Wednesday, January 28, 2015 7:04 AM. The story matched your section(s) Money.

Giant Exoplanet's Rings a 'Super Saturn'

(Newser) - In 2012, scientists discovered a giant exoplanet (one that orbits a star other than our sun) with a ring system so impressive it eclipses its own host star. Now, thanks to a recent eclipse where planet J1407b lined up in front of host star J1407, scientists at the University of... More »

Newser located this story for you on Wednesday, January 28, 2015 7:04 AM. The story matched your section(s) Science.

'Most Famous' Great White Shark Back in Florida

(Newser) - A 2,300-pound shark with her own Twitter account (bio: "Misunderstood girl just tryin' to get some fish") has reappeared a few miles off the coast of Florida, marking a winter homecoming. UPI calls Katharine "maybe the most famous shark on the Internet": She was tagged as... More »

Newser located this story for you on Wednesday, January 28, 2015 7:04 AM. The story matched your section(s) Science.