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News Articles: Business

GPB News NPR

Tagged as: 

  • World

Russia detains a 'Wall Street Journal' reporter on claims of spying

Russia detained a U.S. journalist working for The Wall Street Journal, accusing him of espionage. Evan Gershkovich was reporting in the city of Yekaterinburg when he was detained.

March 30, 2023
|
By:
  • Michele Kelemen
An entranceway to Walt Disney World pictured on Feb. 8 in Orlando, Fla. Disney quietly blocked a move by Florida Gov. Ron DeSantis to strip the company of its control over a special taxing district.

Tagged as: 

  • National

Disney blocked DeSantis' oversight board. What happens next?

The board members picked by Florida Gov. Ron DeSantis to oversee development around Walt Disney World announced on Tuesday that they didn't quite have the power they thought they had.

March 30, 2023
|
By:
  • Emily Olson
People visit Walt Disney World in Lake Buena Vista, Fla., on April 18, 2022.

Tagged as: 

  • National

Disney World board picked by DeSantis says predecessors stripped them of power

Board members picked to oversee the governance of Disney World said their predecessors pulled a fast one on them by passing restrictive covenants that strip the new board of many of its powers.

March 30, 2023
|
By:
  • The Associated Press
Electric cars charge at a hub in downtown Milan on March 23. Starting in 2035, all cars sold in the European Union will be zero-emission vehicles.

Tagged as: 

  • Technology

All new cars in the EU will be zero-emission by 2035. Here's where the U.S. stands

European Union states agreed to a plan after adding an exemption for cars that run on e-fuels. In the U.S., efforts to phase out gas-powered cars include future bans in several states.

March 30, 2023
|
By:
  • Joe Hernandez
Internal Revenue Service taxes forms are seen on Feb. 13, 2019.

Tagged as: 

  • Your Money

These are the states with the highest and lowest tax burdens, a report says

A new report by WalletHub measured how much people pay in property, income and sales tax in proportion to the amount of money they make.

March 30, 2023
|
By:
  • Ayana Archie
Yang Bing-Yi started the Din Tai Fung restaurant with his wife in Taipei in 1972. From there, the restaurant grew into a chain of more than 170 locations around the world, known for steamed soup dumplings.

Tagged as: 

  • World

Yang Bing-Yi, patriarch of Taiwan's soup dumpling empire, has died

The cofounder of Taiwan's famed Din Tai Fung restaurant chain died at 96, his company announced March 26. He helped turn delicate soup dumplings into a global phenomenon, even earning Michelin stars.

March 29, 2023
|
By:
  • Emily Feng and
  • Aowen Cao
Sen. Bernie Sanders (left) will question Howard Schultz, who recently stepped down as Starbucks CEO, on the company's resistance to its workers unionizing.

Tagged as: 

  • Business

In clash with Bernie Sanders, Starbucks' Howard Schultz insists he's no union buster

A hearing for the history books: The resolutely anti-union architect of the modern Starbucks faces the outspoken champion of the union movement in Congress.

March 29, 2023
|
By:
  • Alina Selyukh and
  • Andrea Hsu
The OpenAI logo is seen on a mobile phone in front of a computer screen displaying output from ChatGPT on March 21, in Boston. A group of prominent computer scientists and other tech industry notables are calling for a 6-month pause to consider the risks of powerful artificial intelligence technology.

Tagged as: 

  • Technology

Tech leaders urge a pause in the 'out-of-control' artificial intelligence race

A group of prominent computer scientists and other tech industry notables are calling for a 6-month pause to ponder the risks of powerful technology that spawned a successor to ChatGPT.

March 29, 2023
|
By:
  • The Associated Press
A map highlights areas where thousands of blocks of federal waters in the Gulf of Mexico were offered up in an oil and gas auction Wednesday.

Tagged as: 

  • Energy

The Biden administration sells oil and gas leases in the Gulf of Mexico

Energy companies secured access to 1.6 million acres of waters offered at auction. It's the second time this month that the administration has opened federal territory for new fossil fuel drilling.

March 29, 2023
|
By:
  • Bill Chappell and
  • Jeff Brady
Attorneys for Fox argued on Tuesday that chairman Rupert Murdoch should not have to travel to Delaware to testify in a $1.6 billion defamation case against the network. The judge noted that Murdoch was planning to travel between four cities with his wife-to-be.

Tagged as: 

  • Media

Judge to Fox News: Don't make me 'look like an idiot' over Rupert Murdoch testifying

The judge in a $1.6 billion lawsuit against Fox seemed doubtful of the network's argument that Murdoch should not travel to testify. The newly engaged chairman plans to travel widely with his bride.

March 29, 2023
|
By:
  • Karl Baker
GPB News NPR

Tagged as: 

  • Politics

Senate panel to ask Starbucks' Howard Schultz how he handled moves to unionize

Billionaire Howard Schultz, who just stepped down as Starbucks CEO, faces questions on Capitol Hill today from Sen. Bernie Sanders and others about his response to the wave of unionizing at Starbucks.

March 29, 2023
|
By:
  • A Martínez and
  • Andrea Hsu
GPB News NPR

Tagged as: 

  • Business

Disney plans to cut 3% of its total global workforce in a cost-saving move

Disney has begun the first of three rounds of layoffs, which CEO Bob Iger said in a memo will eventually total 7,000 jobs. The cuts are part of an effort to save $5.5 billion in costs.

March 29, 2023
|
By:
  • A Martínez and
  • Eric Deggans
Books line the shelves at the Rice University Library in April 2022 in Houston.

Tagged as: 

  • Books

A judge sided with publishers in a lawsuit over the Internet Archive's online library

The nonprofit, which has a mission to provide "universal access to all knowledge," says it will appeal the ruling.

March 28, 2023
|
By:
  • Joe Hernandez
Federal Reserve Vice Chair for Supervision Michael S. Barr appears before the Senate Banking, Housing and Urban Affairs Committee in Washington, D.C., on March 28, 2023. The collapse of Silicon Valley Bank has sparked scrutiny from lawmakers who want to know what went wrong and whether regulators did enough to oversee the lender.

Tagged as: 

  • Economy

5 things we learned from the Senate hearing on the Silicon Valley Bank collapse

A top federal regulator called the failure of Silicon Valley Bank a "textbook case of bank mismanagement" during a Senate hearing about what led to its spectacular collapse

March 28, 2023
|
By:
  • Scott Horsley
A security guard looks out a door as customers line up at Silicon Valley Bank headquarters in Santa Clara, California on March 13, 2023.

Tagged as: 

  • Economy

SVB collapse could have ripple effects on minority-owned banks

Four minority founders reflect on the health of minority-owned banks in the U.S. following the sudden collapse of SVB.

March 28, 2023
|
By:
  • Destinee Adams and
  • Amra Pasic
  • Load More

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