Market Close Report Shows Mixed Day for Indices
Wall Street edges higher with Dow closing at 27881.72 and Nasdaq at 8616.18 as traders digest modest gains. The day features a 27.88 point Dow rise and a 0.10 percent Nasdaq uptick alongside a 5.64 point spread and a 0.07 percent change in broader moves.
University of Phoenix settles FTC case for 50 million cash
The University of Phoenix and Apollo Education Group will pay 50 million dollars and cancel 141 million dollars in student debt to resolve FTC allegations of deceptive advertising. The ads linked the school to firms like Microsoft, Twitter and Adobe without formal partnerships, a claim investigators found untrue.
MENTIONED IN THIS ARTICLE
University of Phoenix
Federal Trade Commission
Microsoft
Twitter
Adobe
Andrew Smith
Bureau of Consumer Protection
FTC
Apollo Education Group
Apollo
American Red Cross
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