Daily Digest – February 5. White House Vows Choke Point Veto; Closed University Still Trying To Collect

WHITE HOUSE VOWS TO VETO PROPOSED END OF OPERATION CHOKE POINT 

• The House of Representatives passed legislation yesterday that would bring an end to Operation Choke Point, a federally regulated initiative that sought to prohibit financial institutions from doing business with legitimate businesses in certain industries, including debt collections. However, hours after the measure was passed, the White House issued a statement threatening to veto the legislation, should it pass the Senate and be presented to the president for signature.

CLOSED FOR-PROFIT UNIVERSITY STILL TRYING TO COLLECT 

• A for-profit college that is closed down and in bankruptcy is trying to collect on unpaid student loans. A judge is set to decide later this month whether those efforts can continue.

WORTH NOTING: How advertisers can get the most bang for their Super Bowl ad buck … How to grow fast when the economy is slow … How an Uber driver made $90,000 in six months by barely driving at all … President Obama proposes $10/barrel oil tax … Lifestyle choices cause up to 90% of all cancers … Say good-bye to $5 foot-long sandwiches … Why saying no at work can further your career and improve your health … Earnings, stock prices tank at LinkedIn … Sports Authority is going to file for bankruptcy protection … Who won last night’s Democratic presidential candidate debate … What to do about employees who come to work sick … A top sales book that was rejected 50 times before someone agreed to publish it.

How to organize your desk

10 things you need to know about employee benefits

If you have a tip or item you would like to share, or are interested in sponsoring the Daily Digest, please contact me at [email protected].