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News Articles: Business

Savers can often find better rates on accounts from credit unions and online banks than at many major financial institutions.  Photo by Frederic J. Brown/AFP via Getty Images.

Tagged as: 

  • Your Money

Getting a measly interest rate on your savings? Here's how to score a better deal

Many big banks offer shockingly low interest rates on savings accounts. Moving your money to a smaller institution could bring better returns.

March 04, 2023
|
By:
  • Arezou Rezvani
Funko Pop Star Wars action figures line the shelves at Meltdown Comics and Collectibles in Los Angeles in 2015.

Tagged as: 

  • Business

Over $30M worth of Funkos are being dumped

Funko, the maker of the Funko Pop! collectible figurines, will "eliminate" a massive batch of its inventory to alleviate some of the company's financial struggles.

March 04, 2023
|
By:
  • Emma Bowman
A diagram included in a new Ford patent that imagines a variety of futuristic ways to repossess a car.

Tagged as: 

  • Business

A new Ford patent imagines a future in which self-driving cars repossess themselves

The company says it has no plans to put ideas from the patent into action. Instead, it serves as a vision of what the future of repossession could look like with self-driving and smart cars.

March 03, 2023
|
By:
  • Becky Sullivan
This artist rendering provided by Amazon shows the next phase of the company's headquarters redevelopment to be built in Arlington, Va. Amazon is pausing construction of its second headquarters there following the biggest round of layoffs in the company's history and the shifting landscape of remote work.

Tagged as: 

  • National

Amazon pauses construction in Virginia on its second headquarters

Following a big round of layoffs, the Seattle-based company said it is delaying the beginning of construction of the second phase of its headquarters development in Northern Virginia.

March 03, 2023
|
By:
  • The Associated Press
This item, described as "Googly eye rock boulder stunt double from the Rockverse," sold for $13,200, with proceeds going to the Asian Mental Health Project.

Tagged as: 

  • Movies

A multiverse of 'Everything Everywhere' props are auctioned, raising $555K for charity

The production company A24 put the hit film's iconic costumes and hot dog hands on the block, with proceeds going to three groups. The priciest item, an animatronic raccoon, went for $90k.

March 03, 2023
|
By:
  • Rachel Treisman
Congress gave the Food and Drug Administration more power to hold drugmakers accountable as part of the mammoth spending bill that became law in December 2022.

Tagged as: 

  • Health

FDA has new leverage over companies looking for a quicker drug approval

The Food and Drug Administration has new tools to hold drug companies accountable for promises they make about medications. But the agency has yet to show its hand in using this new power.

March 03, 2023
|
By:
  • Sydney Lupkin
GPB News NPR

Tagged as: 

  • Business

Nordstrom says it will close its Canadian stores and cut 2,500 jobs

Nordstrom chief executive Erik Nordstrom said the Seattle-based retailer is exiting Canada because it does not see a realistic path to profitability for the business in the country.

March 03, 2023
|
By:
  • The Associated Press
A JetBlue airplane is shown at John F. Kennedy International Airport in New York, March 16, 2017.

Tagged as: 

  • Law

Consumer advocates want the DOJ to move against JetBlue-Spirit merger

NPR's Leila Fadel speaks with Diana Moss, president of American Antitrust Institute, about actions the Department of Justice may take to block the Spirit Airlines-JetBlue merger.

March 02, 2023
|
By:
  • Destinee Adams
Yusuf Mehdi, Microsoft corporate vice president of modern Llife, search, and devices speaks during an event introducing a new AI-powered Microsoft Bing and Edge at Microsoft in Redmond, Wash., earlier this month.

Tagged as: 

  • Technology

Microsoft's new AI chatbot has been saying some 'crazy and unhinged things'

After Microsoft's powerful AI chatbot verbally attacked people, and even compared one person to Hitler, the company has decided to rein in the technology until it works out the kinks.

March 02, 2023
|
By:
  • Bobby Allyn
Tesla CEO Elon Musk is pictured as he attends the start of production at Tesla's "Gigafactory" in Gruenheide, southeast of Berlin in Germany. on March 22, 2022. Tesla held an investor day on Wednesday. It did not reveal a new vehicle, but it unveiled some of its big-picture ideas on climate change.

Tagged as: 

  • Business

Tesla has a new master plan. It's not a new car — just big thoughts on planet Earth

Musk's new "master plan" for Tesla didn't reveal any new vehicle models. Instead he presented a big-picture case for climate action, followed by smaller examples of innovations and cost-cutting.

March 02, 2023
|
By:
  • Camila Domonoske
Sentiment Among U.S. Home Builders is at its Highest Level Since 2005

Tagged as: 

  • Politics

Bill lifting local control on house construction sparks debate in Georgia House committee hearing

A Georgia House panel debated sweeping legislation that would prevent local governments from regulating everything from the color of a home’s exterior to the amount of vinyl siding to whether a home can be built on a concrete slab.

March 02, 2023
|
By:
  • Stanley Dunlap
A new report finds that last year China permitted the equivalent of two coal plants per week.  China's renewable sector is also booming.

Tagged as: 

  • Environment

China is building six times more new coal plants than other countries, report finds

China permitted the equivalent of two new coal plants a week last year according to a new report. The country is also rapidly expanding its renewable energy.

March 02, 2023
|
By:
  • Julia Simon
GPB News NPR

Tagged as: 

  • Business

How Russia's war in Ukraine is changing the world's oil markets

Russia's war in Ukraine is causing a shift in oil markets, creating new geopolitical alliances. Analysts say it's comparable to the 1970s Arab oil embargo. (Story aired on ATC on Feb. 28, 2023.)

March 02, 2023
|
By:
  • Jackie Northam
A Delta Air Lines plane takes off from Hartsfield-Jackson Atlanta International Airport in Atlanta, Nov. 22, 2022. Pilots at Delta Air Lines have a new contract with hefty pay increases. The Air Line Pilots Association said Wednesday, March 1, 2023 that 78% of Delta pilots who voted supported the contract.

Tagged as: 

  • Business

Delta Air Lines pilots approve contract to raise pay by more than 30%

Pilots at Delta Air Lines approved a new contract that will raise their pay by more than 30% over four years and likely lead to similar agreements covering union pilots at other major U.S. airlines.

March 02, 2023
|
By:
  • The Associated Press
GPB News NPR

Tagged as: 

  • Health Care

Eli Lilly CEO David Ricks comments on why it's cutting insulin prices now

NPR's Ailsa Chang talks with Eli Lilly CEO David Ricks about the company's move to reduce prices on some older insulins and cap how much people have to pay out of their own pocket.

March 02, 2023
|
By:
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