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News Articles: Business

A customer walks by a "Now Hiring" sign posted in front of a store in Novato, Calif., on April 7, 2023. The labor market remains red hot. That's great for workers, but it's bound to reinforce concerns about high inflation.

Tagged as: 

  • Business

The U.S. added 339,000 jobs in May. It's a stunningly strong number

Employers added a whopping 339,000 jobs in May, far above expectations, according to a report from the Labor Department on Friday. The unemployment rate rose to 3.7%, from 3.4% in April.

June 02, 2023
|
By:
  • Scott Horsley
In this handout photo provided by NASA, an Atlas V rocket with Boeing's CST-100 Starliner spacecraft launches from Cape Canaveral, Fla. on on May 19, 2022. This was the Starliner's second uncrewed flight test which later docked with the International Space Station.

Tagged as: 

  • Space

Boeing finds new problems with Starliner space capsule and delays first crewed launch

Boeing was set to launch its first astronauts into space next month. But engineers found flammable tape and problems with the capsule's parachutes. The Starliner program has been plagued by delays.

June 02, 2023
|
By:
  • Russell Lewis
In this Oct. 8, 2019, file photo, the Central Arizona Project canal runs through rural desert near Phoenix. The canal diverts Colorado River water down a 336-mile long system of aqueducts, tunnels, pumping plants and pipelines to the state of Arizona.

Tagged as: 

  • Climate

Facing water shortages, Arizona will curtail some new development around Phoenix

The state of Arizona today said it will no longer issue new development approvals based on groundwater alone.

June 01, 2023
|
By:
  • Kirk Siegler
By an 8-to-1 vote, the high court ruled against unionized truck drivers who walked off the job, but it preserved the rights of workers to time their strikes for maximum effect.

Tagged as: 

  • Law

Unions are relieved as the Supreme Court leaves the right to strike intact

The high court ruled against truck drivers who walked off the job, leaving their trucks loaded with wet concrete, but it preserved the rights of workers to time their strikes for maximum effect.

June 01, 2023
|
By:
  • Nina Totenberg
Tech leaders warn that we don't know the full extent of the harms and advantages of artificial intelligence and urge more study to fully grasp its eventual impact.

Tagged as: 

  • Technology

Experts issue a dire warning about AI and encourage limits be imposed

Tech leaders warn that the harms of artificial intelligence is under-studied. And we need to catch up.

June 01, 2023
|
By:
  • Ben Abrams
Tupperware is now selling some products at Target, but it still makes most of its money through individual sellers.

Tagged as: 

  • Business

Tupperware once changed women's lives. Now it struggles to survive

The brand turned homemakers into saleswomen and became synonymous with kitchen storage. But it has relied on Tupperware parties for sales--and struggled to keep its business fresh. Is its fate sealed?

June 01, 2023
|
By:
  • Alina Selyukh
Alexandra Prokopenko poses at a marathon event back in Russia. She used to run in Moscow's Meshchersky Park all the time: It was her favorite place in the city. But she's doubtful she will see it again, at least for the near future. Shortly after Russia's invasion of Ukraine, she left her country, along with hundreds of thousands of her peers.

Tagged as: 

  • World

She had a dream job. Now, she's part of a massive brain drain hammering Russia

Hundreds of thousands of people under age 35 are estimated to have fled Russia since the invasion. It's one of a handful of major challenges Russia's economy faces this year.

June 01, 2023
|
By:
  • Stacey Vanek Smith
A significant portion of the sales from Adidas's "Yeezy" brand shoes will be donated to anti-hate groups, the company said.

Tagged as: 

  • Business

Adidas begins selling off Yeezy brand sneakers, 7 months after cutting ties with Ye

The German firm is selling shoes created with Ye (formerly Kanye West) before his antisemitic remarks led to termination of the deal in October. Some of the proceeds will go to anti-racism nonprofits.

June 01, 2023
|
By:
  • Kristin Wright and
  • Jonathan Franklin
GPB  NPR

Tagged as: 

  • Media

'Like milk': How one magazine became a mainstay of New Jersey's Chinese community

Sino Monthly, run by a local couple, stands out among New Jersey's Chinese-language news outlets, most of which are tied to institutions from the Chinese government to the Falun Gong.

June 01, 2023
|
By:
  • Mary Yang
Deputy Director of the National Economic Council Bharat Ramamurti, pictured at a White House briefing last August, spoke to <em>Morning Edition</em> after the House passed its debt ceiling bill.

Tagged as: 

  • Politics

'This is a compromise': How the White House is defending the debt ceiling bill

The House's debt ceiling bill has critics on both sides. Bharat Ramamurti, the deputy director of the National Economic Council, says the administration was able to secure some of its key priorities.

June 01, 2023
|
By:
  • Rachel Treisman
The Federal Trade Commission has accused Amazon of harboring children's data even when parents request it to be deleted, as well giving its Ring employees access to users' videos.

Tagged as: 

  • Business

Amazon must pay over $30 million over claims it invaded privacy with Ring and Alexa

The Federal Trade Commission has accused the online retailer of harboring children's data even when parents request it to be deleted, as well giving its Ring employees access to users' videos.

June 01, 2023
|
By:
  • Ayana Archie
The Mountain Valley Pipeline would stretch 303 miles, from West Virginia to North Carolina. This 2018 file photo shows a section of downed trees on a ridge near homes along the pipeline's route in Lindside, W.Va.

Tagged as: 

  • Energy

The debt ceiling deal bulldozes a controversial pipeline's path through the courts

The Mountain Valley Pipeline got an extraordinary boost in the debt ceiling deal. Court challenges have stalled the controversial natural gas pipeline stretching from West Virginia to North Carolina.

June 01, 2023
|
By:
  • Bill Chappell
Former President Eisenhower, addresses the nation on the American intervention in Formosa (now Taiwan) in an undated archival picture. Eisenhower was involved in the country's first debt ceiling fight when he asked Congress to raise the limit by $15 billion. The Senate refused, ushering the first tussle over the country's debt.

Tagged as: 

  • Business

The first debt ceiling fight was in 1953. It looked almost exactly like the one today

Debt ceiling dramas have been going on a long time. The first one happened exactly 70 years ago. President Eisenhower asked Congress for an extra $15 billion and the Senate said, "No dice."

June 01, 2023
|
By:
  • Stacey Vanek Smith
The standoff in California is the latest scuffle between the tech giants and the news industry. Facebook and Google also resisted efforts in Australia and Canada that aimed to force the companies to cut deals with news publishers.

Tagged as: 

  • Technology

Facebook, Instagram to block news stories in California if bill passes

From Australia to Canada, Big Tech has resisted lawmakers' efforts to force them to pay news publishers for carrying their articles. Now, that battle is playing out in California.

May 31, 2023
|
By:
  • Bobby Allyn
House Speaker Kevin McCarthy speaks to members of the media at the U.S. Capitol in Washington, D.C., on May 24, 2023. The House is set to vote on a debt deal on Wednesday.

Tagged as: 

  • Politics

CBO says debt ceiling deal would cut deficits by $1.5 trillion over the next decade

Congressional forecasters say the debt ceiling deal struck by President Biden and House Speaker Kevin McCarthy over the weekend would reduce deficits by about $1.5 trillion over the next decade.

May 31, 2023
|
By:
  • Scott Horsley
  • Load More

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