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News Articles: Business

Uber and Lyft have said they'll stop service in Minneapolis if a minimum wage law for drivers goes into effect.

Tagged as: 

  • Business

Uber and Lyft threaten to halt operations in Minneapolis over minimum wage law

After a minimum wage law gets passed for a second time in the Twin Cities, the ride-hail companies vow to put up a fight.

March 15, 2024
|
By:
  • Dara Kerr
A "Sale Pending" sign is posted in front of a home for sale on Nov. 30, 2023, in San Anselmo, California. Real estate agents face lower commissions after a major settlement has upended the way Americans buy and sell homes.

Tagged as: 

  • Business

A major settlement could spell an end to 6% real estate commissions

The National Association of Realtors has reached a national settlement that could change the way real estate agents are paid. Critics say the current system keeps commissions artificially high.

March 15, 2024
|
By:
  • Scott Horsley
A priest prays over the coffin of Oleksandra "Sasha" Kuvshynova, a Ukrainian journalist killed while working for Fox News in March 2022. Her parents have sued Fox News alleging wrongful death, fraud and defamation.

Tagged as: 

  • Media

Family of slain Ukrainian journalist sues Fox News, alleging a cover-up

Oleksandra Kuvshynova's parents say Fox News put their daughter in harm's way unnecessarily, then promoted a false account of her death. They also point blame at a reporter who was with her that day.

March 15, 2024
|
By:
  • David Folkenflik
Devotees of TikTok gather at the Capitol in Washington, as the House passed a bill that would lead to a nationwide ban of the popular video app if its China-based owner doesn't sell.

Tagged as: 

  • Technology

The House passed a TikTok ban bill. But is the app really a national security threat?

National security officials have long warned about the dangers TikTok poses as long as it is owned by a Chinese company, but the threat remains theoretical.

March 14, 2024
|
By:
  • Bobby Allyn
A Waymo car is seen on the streets of San Francisco on Aug. 25, 2023.

Tagged as: 

  • Business

Waymo's robotaxi service set to expand into Los Angeles

Waymo, owned by Google's parent company Alphabet, is rolling out driverless cars to passengers in L.A. San Francisco and Phoenix already have them.

March 14, 2024
|
By:
  • Dara Kerr

Tagged as: 

  • Economy

How are moving companies faring with high mortgage rates?

HOOAH! It's our first Beigie Award for 2024! The Beigie Award is back to recognize the regional Federal Reserve Bank with the best Beige Book entry. This edition's winner took us to the City of Brotherly Love, detailing how high home interest rates and low existing home sales in the area are financially affecting our buff brethren in arms: movers.

March 14, 2024
|
By:
  • Robert Smith,
  • Wailin Wong,
  • and 1 more
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
  • Load More

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