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News Articles: Business

President Biden talks with supporters during a campaign event in Saginaw, Mich., on March 14.

Tagged as: 

  • Elections

Biden opposes Nippon Steel takeover of U.S. Steel. It's an issue in some swing states

Former President Donald Trump has already said he would block the deal between U.S. Steel and its Japanese rival. Now President Biden is speaking out about it, too.

March 14, 2024
|
By:
  • Ximena Bustillo
3391 Tuxedo Road

Tagged as: 

  • Business

$19.8 million Buckhead home sale makes Atlanta real estate history

A Buckhead home has made Atlanta real estate history with its sale price of $19.8 million.

March 14, 2024
|
By:
  • Collin Kelley
The first operating South Fork Wind farm turbine stands east of Montauk Point, N.Y., on Dec. 7, 2023. South Fork Wind, America's first commercial-scale offshore wind farm, is officially open.

Tagged as: 

  • Climate

35 miles east of Long Island, the U.S. has its first large offshore wind farm

New York Gov. Kathy Hochul went to Long Island to announce that the turbines are delivering clean power to the local electric grid, flipping a massive light switch to "turn on the future."

March 14, 2024
|
By:
  • GPB Newsroom
Former Treasury Secretary Steven Mnuchin said he's putting together a group of investors to try to buy TikTok.

Tagged as: 

  • Business

Former Treasury Secretary Steven Mnuchin says he's interested in buying TikTok

Mnuchin said he's in touch with other investors to try to buy the popular social media app as lawmakers are seeking to force its Chinese owners to sell the business.

March 14, 2024
|
By:
  • Rafael Nam
A customer exits a Dollar Tree store holding a shopping bag on Wednesday, May 11, 2022, in Jackson, Miss.

Tagged as: 

  • Business

Dollar Tree to close nearly 1,000 stores as it posts a fourth quarter loss

Dollar Tree plans to close about 600 Family Dollar stores in the first half of this year and 370 Family Dollar and 30 Dollar Tree stores over the next several years.

March 14, 2024
|
By:
  • GPB Newsroom
Technician Konnor Therriault inside of a Vestas wind turbine in Bingham, Maine.

Tagged as: 

  • Energy

Wind boom, wind bust (Two Windicators)

The wind power business is a bit contradictory right now. It's showing signs of boom and bust seemingly all at once.

The story of wind energy markets in two acts today. First, the Gulf of Mexico saw its first-ever auction of leases for offshore wind this summer. It was another sign of the Biden administration's desire to get more renewable energy online as fast as possible. Expectations were high, but results did not deliver. Two of the three patches of sea didn't get any bids at all. Hidden in the flop for this auction are some keys to what it takes to spark a whole new market, quickly.

Then, the booming side of wind power: the job that's projected to be the fastest-growing in the U.S. is wind turbine service technician. Is it a "good" job? Reporter Darian Woods suits up to see a green-collar job above the clouds for himself.

Today's episode is adapted from episodes for Planet Money's daily show, The Indicator. Subscribe here.

The original Indicator episodes were produced by Cooper Katz McKim and Julia Ritchey with engineering by Valentina Rodriguez Sanchez and James Willetts. They were fact-checked by Sierra Juarez and edited by Dave Blanchard and Kate Concannon.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

March 13, 2024
|
By:
  • Darian Woods,
  • Wailin Wong,
  • and 3 more
Amazon.com started requiring writers who want to sell books through its e-book program to tell the company in advance whether their work includes material generated by artificial intelligence.

Tagged as: 

  • Books

Authors push back on the growing number of AI 'scam' books on Amazon

Authors say that the proliferation of AI-generated books can lead customers into buying the wrong book on Amazon and that these books can harm authors' sales numbers and reputations.

March 13, 2024
|
By:
  • Andrew Limbong
The cereal aisle at a store in San Rafael, California.  Manufacturers have been using "shrinkflation" techniques for years, but in the midst of inflation and higher food prices, the practice is being scrutinized and politicians are calling it out.

Tagged as: 

  • Economy

You're Not Imagining It; Shrinkflation Is Real

Here's one sign that shrinkflation is no longer just a topic for economics nerds.

Cookie Monster recently complained on social media that his favorite food was getting smaller. "Me hate shrinkflation!" the fuzzy blue monster declared. "Guess me going to have to eat double da cookies!"

President Biden promised to sign a bill banning it during his State of the Union address.

Shrinkflation isn't new.

It's been happening for years. But people seem to be paying more attention right now amidst high food prices and inflation. And the White House is clearly aware of that.

After years of rising prices, many Americans are fed up with paying more and getting less. Will the pendulum ever swing back?

For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.

Email us at considerthis@npr.org.

March 13, 2024
|
By:
  • GPB Newsroom
As of February 7, 2024, the hospital's computer network had been offline for eight days following what appears to be a ransomware attack

Tagged as: 

  • Economy

Are data breaches putting patients at risk?

Cyberattacks are plaguing the healthcare industry. It's an expensive and dangerous trend that's on the rise. Today, we consider why hacking is surging right now, why healthcare companies are being targeted and what hackers want from them.

Related episodes:
Cracking the code on cyber insurance
One hack to fool them all (Apple Podcasts / Spotify)
How to launder $600 million on the internet (Apple Podcasts / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

March 13, 2024
|
By:
  • Paddy Hirsch,
  • Wailin Wong,
  • and 2 more
The House passed a bill Wednesday that would require ByteDance, the parent company of TikTok, to sell the app or face a ban on U.S. devices. The legislation's fate is unclear in the Senate.

Tagged as: 

  • Politics

Why the House voted to ban TikTok and what could come next

The House voted overwhelmingly Wednesday to approve a bill that would force parent company ByteDance to sell TikTok or face a ban of the social media app on U.S. devices.

March 13, 2024
|
By:
  • Deirdre Walsh and
  • Bobby Allyn
The word game Wordle is shown on a mobile phone in 2022. The <em>New York </em><em>Times </em>is accusing some Wordle clone creators of copyright infringement violations.

Tagged as: 

  • Law

C-e-a-s-e and desist: 'The New York Times' goes after Wordle spinoffs

Hundreds of GitHub users were notified after the media outlet sent takedown notices to coders it believed violated its copyright on the game.

March 13, 2024
|
By:
  • Joe Hernandez
Boeing 787 Dreamliners are built at the aviation company's North Charleston, S.C., assembly plant in 2023. John Barnett had alleged that Boeing's manufacturing practices had declined  and that managers pressured workers not to document potential defects and problems.

Tagged as: 

  • National

Boeing whistleblower John Barnett, who raised alarm over plane quality, is found dead

John Barnett made headlines when he went public, saying he wouldn't trust planes made in South Carolina to be airworthy. His family says Barnett suffered PTSD and anxiety from his work at Boeing.

March 13, 2024
|
By:
  • Bill Chappell

Tagged as: 

  • Economy

What's behind Bitcoin's bullrun?

The introduction of brand new spot bitcoin ETFs has put bitcoin on a bit of a hot streak. Just this week, the price of bitcoin reached a record high of about $72,000 which is about 70% higher than it was a couple of months ago. So why exactly have these ETFs changed the perception around bitcoin so quickly?

Today on the show, we talk with a Bitcoin believer and a skeptic to understand what exactly all the fuss is about for these bitcoin ETFs.

Related episodes:
WTF is a bitcoin ETF? (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

March 13, 2024
|
By:
  • Adrian Ma,
  • Wailin Wong,
  • and 2 more
Participants hold signs in support of TikTok at a news conference outside the U.S. Capitol on March 12, 2024, in Washington, D.C. House Democrats and TikTok creators and business owners held the news conference to express concerns over House GOP legislation that would force the owners of the popular Chinese social media app to sell the platform or face a ban in the U.S.

Tagged as: 

  • Technology

Content creators blast a potential TikTok ban

The House is gearing up for a Wednesday vote on legislation that could lead to a ban on one of the most widely used apps in the world, with an estimated 170 million users in the United States alone.

March 13, 2024
|
By:
  • Windsor Johnston
Employees of Goodbody & Co. work at the stock brokerage's headquarters in Manhattan, N.Y., circa 1965.

Tagged as: 

  • Business

It's Equal Pay Day. Women earn 84 cents for every dollar men make — or even less

Women working full-time, year-round jobs earn 84 cents for every dollar men make, and part-timers make even less. Women have to work well into March before they earn what men made the year before.

March 12, 2024
|
By:
  • Andrea Hsu
  • Load More

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