A bot could help make the news you read more diverse.The Financial Times is using a bot called She Said He Said to warn journalists if they've quoted too many men in their articles."Editors and reporters are now becoming more aware of the gender split within their stories," an FT spokesperson said in an email. "As a result, editors are making an effort to try to increase the number of female voices in FT articles."The FT covers many male-dominated industries, such as finance and technology. The paper found that only 21 percent of sources quoted in its articles were women, according to The Guardian. The bot reportedly analyzes pronouns and first names to determine a source's gender. Editors are alerted when they don't feature enough women in the stories they handle. As the next step, the FT is planning a related initiative. "We are testing the idea of integrating prompts into our [content management system] that encourages reporters and editors, before they have started writing a story, … [Read more...] about A bot tells the Financial Times if reporters quote too many men
After signing the Wall Street reform bill they co-wrote into law on July 21, 2010, President Barack Obama congratulates Sens. Christopher Dodd and Barney Frank. Win McNamee/Getty Images On July 15, 2010, the U.S. Senate voted 60-39 to approve the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The bill -- representing the most sweeping financial restrictions since the Great Depression -- gives Congress the right to break up corrupt banks and other financial institutions, eliminates proprietary trading, and ends the practice of bailing out banks in trouble. In other words, it increases oversight of the financial industry in an effort to prevent the kinds of practices that many believe have led to -- or worsened -- the financial crisis. But what about the average Joe (or Jane) with 2.5 kids, a car and a mortgage? After all, regular people have also felt the effects of everything from corrupt lending practices to policies that work in businesses' favor while … [Read more...] about What’s the Bureau of Consumer Financial Protection?
A once renowned cancer expert has lost another title following revelations that he reportedly received millions of dollars in industry money that he never disclosed. On Tuesday, the New York Times reported, the 59-year-old José Baselga was pushed out and resigned as one of the editors-in-chief of the scientific journal Cancer Discovery. It’s only the latest prestigious position the oncologist has been forced to forfeit. Baselga’s trouble began in September, when a joint investigation by the NYT and ProPublica revealed that the doctor had failed to disclose relevant financial conflicts of interests in the majority of published research papers he had contributed to since 2013; in 2017, he only did so just 13 percent of the time. These conflicts added up to about $3.5 million in payments given to him by drug companies large and small, including Novartis, AstraZeneca, and most prominently, Hoffmann-La Roche AG, according to the NYT and ProPublica report. Some of this money … [Read more...] about A Cancer Expert Who Hid Ties to the Drug Industry Resigns From Scientific Journal
While many home sites have sat virtually untouched during the construction bubble, large and small green construction jobs have thrived. See more pictures of home construction. AbleStock.com/Thinkstock Unless you've been in a coma for the past three years, you've probably heard something about the real estate bubble that burst in the late 2000s. The real estate bust affects all sectors of the economy, from attorneys to home decorating, but few areas have been quite as directly affected as the construction industry. As the country -- and the world -- continues to dig its way out of the Great Recession, construction jobs and contracts remain below the peak from the boom years of 2005 and 2006. But it hasn't been all doom and gloom. Throughout the recession, one sector of the construction industry has consistently shown signs of growth: green building. Through the darkest days of the financial collapse, green jobs have proven to be somewhat recession-proof. That's partly because … [Read more...] about Did any part of the construction industry escape the bubble burst?
A lot of people give gift cards as presents during the winter holidays. Starbucks, for example, sold almost 2.5 million gift cards in the U.S. and Canada on Christmas Eve in 2014. Richard Levine/Corbis via Getty Images The Wall Street Journal revealed on June 1 that Starbucks holds as much money for its customers as a bank — and not even a small bank. Starbucks gift cards and mobile debit accounts stored $1.2 billion in customer funds during the first quarter of 2016. According to Shane Ferro on the Huffington Post, "that amount of deposits would make it a respectable midsize institution." Industry numbers put it somewhere between The Bancorp ($2.68 billion) and Mercantile Bank ($680 million). Starbucks has pretty much mastered the prepaid realm. On Christmas Eve 2014, Starbucks sold almost 2.5 million gift cards in the U.S. and Canada alone. The company says one in seven Americans received a Starbucks card for the holidays that year. It's "Starbucks' secret sauce," writes … [Read more...] about The Secret Life of the Gift Card Industry