Al Lord Profited When College Tuition Rose. He Is Paying for It. – WSJ

Al Lord, the former chief executive of student-loan giant Sallie Mae, has a complaint about higher education: The price of college is too damn high. Paying for his grandchildren’s education in recent years, he said, left him appalled at the tuition bills that land on his desk every semester. For those who know (or in […]

Cheddar, a TV Disruptor, Launches a Traditional Cable Channel – WSJ

Cheddar Inc. set out to upend traditional cable TV with its financial news-focused streaming service. Now it is making a push onto the cable dial. The company this week went live on WOW, a Denver-based cable and broadband provider with close to 800,000 subscribers. The network has been made available to about 400,000 of WOW’s […]

Visa to Card Customers: Lose the Signature – WSJ

Visa Inc. is ditching the signature. The largest U.S. card network announced Friday that merchants, starting in April, will no longer be required to make consumers sign for debit and credit-card purchases, signaling the demise for a procedure that was once a linchpin of keeping transactions secure. The other major U.S. networks, Mastercard Inc., MA 0.88% American Express Co. and Discover Financial Services , DFS 0.19% in recent months said they would take […]

Axios Raises $20 Million to Fund Newsroom Expansion – WSJ

Nov. 17, 2017 5:00 a.m. ET Less than a year after Politico co-founder Jim VandeHei launched the media startup Axios with plans to upend the way news organizations deliver stories and advertising, the company is plotting a major expansion of its newsroom. To fund the expansion, Axios has raised $20 million, according to Axios co-founder […]

If You Have 29 Credit Cards, You’re Probably a Millennial – WSJ

When Kyle Allen gets home from work each day, he heads straight for his mailbox. “It does give me a rush,” says the 29-year-old financial analyst from Orlando. What he hopes to find is yet another offer for a new credit card. He and his wife together have 40 of them and have earned, so […]

The Champions of the 401(k) Lament the Revolution They Started – WSJ

Herbert Whitehouse was one of the first in the U.S. to suggest workers use a 401(k). His hope in 1981 was that the retirement-savings plan would supplement a company pension that guaranteed payouts for life. Thirty-five years later, the former Johnson & Johnson human-resources executive has misgivings about what he helped start. What Mr. Whitehouse and […]