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Corinthian Colleges, the for-profit education company, sent notice yesterday to the public and about 16,000 students enrolled in its Heald College locations, Everest and WyoTech that classes would be canceled today… and every day going forward. The company has shut down locations in California, Hawaii, Oregon, Arizona and New York — 28 schools total — with promises that they will help place students in other schools. The news comes… after the Education Department said it would fine Corinthian $30 million for misrepresenting job placement data, attendance data and grades.

[Madamenoire]


How One Company Is Closing The Gender Wage Gap

According to the latest Census data, a woman working full time in 2013 earned about 77 percent of what a man earned for the same job. Salesforce CEO Marc Benioff wants to erase the gender wage gap at the San Francisco-based tech solutions firm. He is examining the pay of all 16,000 employees and as a result has given some women raises. “I expect to be giving a lot more,” he told the Huffington Post.

[Madamenoire]


Michael Jordan’s Rookie Season Sneakers Sell For Over $71K

By a stroke of luck, Khalid Ali, a ballboy for the Los Angeles Lakers during the 1984-1985 season, received an autographed pair of game-worn Nikes from Michael Jordan, a rookie at the time. Fast forward over 30 years, the very same sneaker earned him a major payday. An anonymous buyer purchased the Nike hi-tops for $71,553, the second-highest price paid for Jordan’s in-game sneakers.

[HipHopWired]


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