First Major Sponsor Drops Tiger
Accenture, a global consulting firm, is the first sponsor to drop Tiger Woods, saying Woods is "no longer the right representative" for he brand. Accenture had been using Tiger as its key branding front man for the last six years. [ESPN]
Marijuana Use Up Among Teens, Other Drugs Down
Gil Kerlikowske, President Barack Obama's chief anti-drug official, released a survey that shows cigarette smoking, binge drinking and meth use are down among teenagers. Marijuana use, however, is at 20.6 percent among 12th graders this year compared with 18.3 percent in 2006. [AP]
High Number of Student Loan Borrowers Default
According to information released by the Department of Education today, one in five student loans borrowers default within three years of repayment. [Washington Post]
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