Post Office owes $3.5M for using wrong Statue of Liberty on a stamp

Enlarge / Original Statue of Liberty is on the left. Robert Davidson’s Las Vegas replica is on the right. (credit: Charles E. Rotkin/CORBIS/VCG via Getty Images, George Rose/Getty Images) A sculptor who created a replica of the Statue of Liberty for a Las Vegas casino was awarded $ 3.5 million in damages last week after […]

Trump considering plan to drug test some food stamp recipients

Seth Wenig/AP The Trump administration is considering a plan that would allow states to require certain food stamp recipients to undergo drug testing. The plan would be narrowly targeted and would mostly apply to people who are able-bodied, without dependents, and applying for some specialized jobs. One person familiar with the plan said around 5% […]

Redbox says Disney lawsuit is a baseless attempt to stamp out rivals

Last month, Disney filed a lawsuit against Redbox claiming that the rental company was violating Disney’s copyrights. Redbox buys the Disney discs it rents at retail and when those discs come with download codes for digital copies, Redbox sells them to its customers. But Disney says that’s against its terms of sale and requested an […]

Stamp duty exemption to help first-time buyers, but what about deposits?

GETTY First time buyers have been given a leg up when it comes to buying, but what about deposits? But one couple determined to save for their first home are now counting down the days to moving in after taking drastic action: cutting out shop-bought coffees on the way to work. “We set ourselves a […]

The Google-backed ads.txt push to stamp out ad fraud is moving much slower than anticipated

Slate The adoption of ads.txt, a digital ad initiative via which publishers make it clear which third party companies can and can’t sell their ad space, has been sluggish.  According to a study by ad intelligence platform MediaRadar only 20% of 3,000 publishers it surveyed had adopted it. This is considerably smaller than the number put […]

Tepilo owner Sarah Beeny SLAMS Hammond's Budget 2017 stamp duty reform as 'PR stunt'

Philip Hammond announced the stamp duty reserve tax (SDRT) has been scrapped on all homes valued up to £300,000 for first time buyers in the Budget 2017 today.  But experts in the field are less than impressed with the move – with many dubbing it a hollow promise.  TV star and owner of estate agent […]

Howe, Gretzky, Orr, 3 others get Canada's stamp of approval

Canada Post is honouring some of hockey’s greatest players with its latest NHL collection of postage stamps. The 2017 Canadian Hockey Legends issue includes Maurice (Rocket) Richard, Jean Beliveau, Gordie Howe, Bobby Orr, Mario Lemieux, and Wayne Gretzky. Mario Lemieux stamp. (Canada Post/Canadian Press) “The players we immortalized on this year’s stamps redefined hockey over […]

Companies will use AI to stamp out electricity theft

Switching to efficient artificial intelligence systems has already saved Google a ton of money on its energy bills. And, it seems machine learning may also pose monetary benefits (of a different kind) for electricity providers. With power theft costing the industry roughly $ 96 billion in losses per year, companies could start looking to AI […]

‘Cut stamp duty’ Call to free up downsizers and build more houses

Baroness Ros Altmann said the tax was putting older people off moving to smaller properties because it was too expensive.  She said: “Stamp duty is a massive deterrent.  “There’s a lot of talk about building homes for first-time buyers but what about last-time buyers?  “Ultimately we need to be building more homes for our growing […]