From a report on Bloomberg: The case for daylight saving time has been shaky for a while. The biannual time change was originally implemented to save energy. Yet dozens of studies around the world have found that changing the clocks has either minuscule or non-existent effects on energy use. The latest research suggests the time change can be harmful to our health and cost us money. The suffering of the spring time change begins with the loss of an hour of sleep. That might not seem like a big deal, but researchers have found it can be dangerous to mess with sleep schedules. Car accidents, strokes, and heart attacks spike in the days after the March time change. It turns out that judges, sleep deprived by daylight saving, impose harsher sentences. Some of the last defenders of daylight saving time have been a cluster of business groups who assume the change helps stimulate consumer spending. That’s not true either, according to recent analysis of 380 million bank and credit-card transactions by the JPMorgan Chase Institute. Read more of this story at Slashdot.
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Proof Daylight Saving Time Is Dumb, Dangerous, and Costly
An anonymous reader shares a report on The Register:A programming blunder in its reporting software has led to Citigroup being fined $7m. According to the US Securities and Exchange Commission (SEC), that error [PDF] resulted in the financial regulator being sent incomplete “blue sheet” information for a remarkable 15 years — from May 1999 to April 2014. The mistake was discovered by Citigroup itself when it was asked to send a large but precise chunk of trading data to the SEC in April 2014 and asked its technical support team to help identify which internal ID numbers they should run a request on. That team quickly noticed that some branches’ trades were not being included in the automated system and alerted those above them. Four days later a patch was in place, but it wasn’t until eight months later that the company received a formal report noting that the error had affected SEC reports going back more than a decade. The next month, January 2015, Citigroup fessed up to the SEC.The glitch resided in new alphanumeric branch codes that the bank had introduced in the mid-1990s. The program code filtered out any transactions that were given three-digit branch codes from 089 to 100 and used those prefixes for testing purposes. The report adds, “But in 1998, the company started using alphanumeric branch codes as it expanded its business. Among them were the codes 10B, 10C and so on, which the system treated as being within the excluded range, and so their transactions were removed from any reports sent to the SEC.” Read more of this story at Slashdot. 
the_Bionic_lemming writes: Raising over 6.3 million dollars in just one month MST3K fans helped push the new 14 episode series past the Official Kickstarter Veronica Mars total of $5, 702, 153 by raising $5, 764, 229 On Kickstarter. $600, 000 + Was added to the total from the Add on store at MST3K.com . And what’s more, they did it with only 48, 270 backers compared to 91, 585 Veronica Mars backers. Read more of this story at Slashdot.