Subsidizing Higher Education Is Not Creating Widespread External Benefits

Diageo Shares Plunge Most In Two Years On Weaker Guidance, Dividend Cut Shares of Diageo Plc fell the most in 2 years after the maker of Guinness beer and Johnnie Walker whiskey cut its guidance for the second time this fiscal year amid soft demand in the US and China markets. The move marks an early challenge for new CEO Dave Lewis. The British distiller now expects organic net sales to decline by 2% to 3% this fiscal year, down from previous guidance of flat to slightly down, and said it...

Not Just Cigarettes, Vaping Likely Causes Cancer, Major Study Finds A new report from researchers at the University of New South Wales in Australia, published in Carcinogenesis, finds that nicotine-based e-cigarettes are likely to cause lung and oral cancers, a finding that may alarm the millions of young people, from high school through college, and into the professional world, who use them heavily.  Researchers examined human studies, animal experiments, and lab tests. Together, they found signs that vaping can damage DNA, cause inflammation and oxidative stress, and expose users to...

Iran has inflicted a heavy toll on the network of American radars across the Middle East. Advanced radar systems are crucial for identifying and shooting down missiles and drones. Imagery reviewed by ABC News shows that at least 10 American radars in the Middle East were destroyed in the first two weeks of the war with Iran. […]