Business

The US Department of Education has recently distributed a proposed rule that would guarantee college students who have debit cards and checking accounts with banks under special marketing deals with their schools to not pay almost all service fees, Bloomberg said.

Acting Supreme Court Justice Gerald Connolly has voided state Attorney General Eric Schneiderman's subpoena for information and materials needed for his office's probe on Airbnb's potential state law violation for aiding illegal hotels, Bloomberg reported.

Industry observers are concerned about the serious implications of the "right to be forgotten" ruling of an European Union court yesterday to the businesses of Web companies like Google Inc and Microsoft Corp.