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News Articles: Business

Tagged as: 

  • Economy

How ski resorts are (economically) adjusting to climate change

Snowmaking has helped cover up the effects of climate change for a long time. But by the turn of the century, that started to change. A recent report shows US resorts are opening later, closing earlier, and taking a financial hit. For an industry that relies on snow, the threat is existential. Can ski resorts survive?

Related Episodes:
Ski resorts are welcoming winter storms
The Backcountry Boom

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 22, 2024
|
By:
  • Cooper Katz McKim,
  • Wailin Wong,
  • and 2 more
The Justice Department is suing Apple over antitrust violations.

Tagged as: 

  • Business

The U.S. sues Apple, saying it abuses its power to monopolize the smartphone market

The federal government accuses Apple of using its monopoly power to stomp out competitors and keep customers from switching phones.

March 21, 2024
|
By:
  • Dara Kerr
Former first lady Melania Trump is seen toting a Hermes handbag while walking across the South Lawn of the White House in 2019.

Tagged as: 

  • Business

Hermès accused of antitrust violations by customers who tried to buy a Birkin bag

Shoppers who tried to get their hands on the status satchel claim the French luxury house will only sell its coveted Birkin bag to customers with "a sufficient purchase history."

March 21, 2024
|
By:
  • Emma Bowman
Reddit CEO Steve Huffman and company employees celebrate on the New York Stock Exchange trading floor, prior to his company's IPO, Thursday.

Tagged as: 

  • Economy

Reddit stock starts trading 38% above initial public offering price

Reddit, the San Francisco social media site that describes itself as "the front page of the internet," is debuting as a public stock on Thursday.

March 21, 2024
|
By:
  • Bobby Allyn
Intel CEO Pat Gelsinger (L) and Intel Factory Manager Hugh Green (R) watch as US President Joe Biden (C) looks at a semiconductor wafer during a tour at Intel Ocotillo Campus in Chandler, Arizona, this week. The White House unveiled almost $20 billion in new grants and loans Wednesday to support Intel's US chip-making facilities.

Tagged as: 

  • Business

Can America Win The Chips Manufacturing Race?

President Biden just awarded $8.5 billion dollars to the company Intel to help fund semiconductor factories in Arizona, Ohio, New Mexico, and Oregon.

At a visit to Intel's campus outside Phoenix this week, Biden said the money will help semiconductor manufacturing make a comeback in the US after 40 years.

The money for Intel comes from the CHIPS and Science Act, which was signed in 2022 to boost domestic semiconductor manufacturing. The administration's goal? For 20% of the world's leading-edge semiconductor chips to be made on American soil by 2030.

The US currently makes zero of the world's leading-edge semiconductor chips. By 2030, the Biden administration wants to make a fifth of them. So how will America get there?

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 21, 2024
|
By:
  • GPB Newsroom
Nestlé says it is recalling nearly half a million Starbucks mugs that were sold recently after at least a dozen people suffered injuries including burns or cuts while using the product. Shown here is a Starbucks location in Havertown, Pa.

Tagged as: 

  • Business

More than 440,000 Starbucks mugs recalled after reports of a dozen injuries

The holiday-inspired mugs were sold online and in stores such as Target and Walmart from November 2023 through January 2024. The injuries included severe burns, blisters and cuts on hands and fingers.

March 21, 2024
|
By:
  • Jonathan Franklin
Senate Intelligence Committee Vice Chairman Marco Rubio, R-Fla., right, talks with Chairman Mark Warner, D-Va., left, during a panel hearing earlier this month.

Tagged as: 

  • Politics

Senators push to declassify TikTok intel and hold a public hearing ahead of ban vote

Senators who attended a classified intelligence briefing focused on TikTok's influence say the public should get the same information. There's bipartisan support for a vote on a House bill on the app.

March 21, 2024
|
By:
  • Deirdre Walsh
The packaging on Kool brand's "non-menthol" cigarettes and its existing menthols are very similar. Anti-smoking activists argue this is a way to get around any ban on menthol cigarettes by appealing to consumers who like to smoke menthols.

Tagged as: 

  • Health

With a federal menthol ban looming, tobacco companies push 'non-menthol' substitutes

The alternatives have a similar taste, packaging and marketing. Anti-smoking activists say this is a way to get around state and federal bans.

March 21, 2024
|
By:
  • Yuki Noguchi
Media mogul Rupert Murdoch (right) rides with Will Lewis, then the general manager of Murdoch's News International and now <em>The Washington Post</em>'s CEO, in July 2011.

Tagged as: 

  • Media

Rupert Murdoch and new 'Washington Post' CEO accused of cover-up in hacking scandal

For the first time, the media titan was accused in court of knowing about a massive British tabloid-hacking scandal and helping to cover it up. The new leader of The Washington Post was named too.

March 21, 2024
|
By:
  • David Folkenflik

Tagged as: 

  • Economy

When does youth employment become child labor?

The number of teenagers in the workforce today is at its highest level in about 20 years. At the same time, child labor violations are up and states are relaxing some protections for their youngest workers. On today's show, we examine the state of the Gen Z labor force, and the distinction between youth employment and child labor.

Related episodes:
Young, 'spoiled and miserable' in China (Apple / Spotify)
Teenage (Employment) Wasteland

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 20, 2024
|
By:
  • Wailin Wong,
  • Adrian Ma,
  • and 2 more
Morning traffic fills the SR2 freeway in Los Angeles, California. The EPA released new rules for vehicle emissions that are expected to cut tailpipe pollution and greenhouse gas emissions, which are fueling climate change.

Tagged as: 

  • Climate

In a boost for EVs, EPA finalizes strict new limits on tailpipe emissions

The Biden administration says it is imposing the "strongest-ever" tailpipe emission rules to protect public health and fight climate change.

March 20, 2024
|
By:
  • Camila Domonoske and
  • Michael Copley
Federal Reserve Bank Chair Jerome Powell speaks during a news conference on March 20, 2024 in Washington, DC. Following a meeting of the Federal Open Markets Committee, Powell announced that the Fed left interest rates unchanged, but projects it may cut rates three times later this year.

Tagged as: 

  • Economy

Federal Reserve holds interest rates steady, projects three rate cuts later this year

The Federal Reserve held interest rates steady Wednesday, but policymakers signaled they still expect to start cutting rates later this year. The stock market jumped in response.

March 20, 2024
|
By:
  • Scott Horsley
Intel CEO Pat Gelsinger shows President Biden a semiconductor wafer during a tour at the company's Ocotillo Campus in Chandler, Ariz. on March 20.

Tagged as: 

  • Politics

Biden is giving Intel $8.5 billion for big semiconductor projects in 4 states

President Biden was in the battleground state of Arizona to make the biggest announcement yet in his plan to bring semiconductor manufacturing back to America.

March 20, 2024
|
By:
  • Deepa Shivaram
Boeing CEO Dave Calhoun speaks to reporters on Capitol Hill on Jan. 24. "We have confidence in the safety of our airplanes," Calhoun says. "And that's what all of this is about. We fully understand the gravity."

Tagged as: 

  • Business

How bad is Boeing's 2024 so far? Here's a timeline

The aircraft-maker has faced renewed scrutiny this year, mostly going back to an incident when a rear door plug tore off a 737 Max 9. Things have compounded from there.

March 20, 2024
|
By:
  • Bill Chappell
(From left) Nicole Daniels, DeAndre Brown and Lisa Beasley take a sharp and often satirical look at modern office culture, sharing their videos on TikTok where these screenshots were taken.

Tagged as: 

  • Arts & Life

They lampoon American corporate culture — and the internet is here for it

They have been dubbed "cubicle comedians" — and some of the top creators raking in the views and likes are Black. For Black humor experts, that's no coincidence.

March 20, 2024
|
By:
  • Jordan-Marie Smith
  • Load More

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