Everett college changes its name
Published 9:00 pm Monday, April 9, 2007
Bryman College-Everett, a career training school, has changed its name to Everest College. The change is part of an effort by the college’s parent firm, Corinthian Colleges Inc., to make its schools more recognizable under the Everest brand. The school, at 906 Everett Mall Way, Suite 600, offers programs in dental and medical assisting, medical billing and pharmacy technician.
New trade case filed against China
The Bush administration announced new trade cases against China on Monday over copyright piracy and restrictions on the sale of American movies, music and books. Standing near a table of pirated movie DVDs, music CDs and books, U.S. trade representative Susan Schwab said American companies were losing billions of dollars annually from piracy levels in China that “remain unacceptably high.”
T-bill rates mixed in Monday auction
The Treasury Department auctioned three-month bills at a discount rate of 4.88 percent, down from 4.91 percent last week. Six-month bills were auctioned at a discount rate of 4.89 percent, up from 4.87 percent. For a $10,000 bill, the three-month price was $9,876.64 while a six-month bill sold for $9,752.78. Separately, the Federal Reserve said Monday that the average yield for one-year Treasury bills, a popular index for changing adjustable-rate mortgages, rose to 4.94 percent last week from 4.9 percent the previous week.
Payments alleged in loan scandal
A student loan company paid consulting fees to a student loan officer at Johns Hopkins University, paid for some of her graduate school tuition, and also paid consulting fees to officials at two other colleges, investigators said Monday. New York Attorney General Andrew Cuomo’s investigators said they believe Student Loan Xpress, a unit of CIT Group Inc., paid more than $21,000 for the school’s director of student financial services to attend graduate school.
McDonald’s deal benefits migrants
McDonald’s Corp. agreed Monday to pay a penny more per pound for its Florida-grown salad tomatoes to help boost wages for the migrant workers who harvest them, following a two-year campaign by an advocacy group. Under the agreement, a third party will verify that farmworkers receive the increase.
Wal-Mart wins court gag order
Wal-Mart won a gag order to stop a fired security operative from talking to reporters and a judge ordered him to provide Wal-Mart attorneys with “the names of all persons to whom he has transmitted, since Jan. 15, 2007, any Wal-Mart information.” The court papers made public Monday follow a string of revelations about the retailer’s large surveillance operations and its business plans. Wal-Mart Stores Inc. filed a lawsuit and request for a temporary restraining order directly with an Arkansas Circuit Court judge after court hours Friday.
From Herald staff and news services
