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News Articles: Business

(LtoR) China's President Xi Jinping and India's Prime Minister Narendra Modi attend a session meeting during the 10th BRICS summit (acronym for the grouping of the world's leading emerging economies, namely Brazil, Russia, India, China and South Africa) on July 27, 2018 in Johannesburg, South Africa.

Tagged as: 

  • Economy

India lost the manufacturing race to China. Here's why it could still succeed

India “missed the bus” on manufacturing. A new book argues that India can nonetheless grow rich by leapfrogging to an economy dominated by high-skills services.

June 04, 2024
|
By:
  • Greg Rosalsky
A reporter for The Epoch Times holds a microphone during a media event on Oct. 23, 2023, in Berlin, Germany. The Epoch Times is owned by Epoch Media Group and is affiliated with the Falun Gong movement.

Tagged as: 

  • Business

An Epoch Times executive is facing money laundering charges - Lorem

The once-small newspaper was founded by Chinese dissidents. It became prominent in right-wing media in recent years but is now facing accusations that a top officer laundered at least $67 million.

June 04, 2024
|
By:
  • Jude Joffe-Block
Will Lewis became publisher and CEO of<em> The Washington Post</em> in January. On Sunday, he ousted Executive Editor Sally Buzbee and replaced her with a former colleague temporarily. In November, another former colleague will permanently take the helm of the newsroom.

Tagged as: 

  • Media

New CEO of 'The Washington Post' puts former colleagues in power

The Post's new CEO has ousted Executive Editor Sally Buzbee, replacing her with a former colleague of his at The Wall Street Journal. Post journalists worry about the choice, and the paper's future.

June 04, 2024
|
By:
  • David Folkenflik
Co-founders and CEOs of The Fearless Fund, Arian Simone and Ayana Parsons, speak to journalists outside federal court in Miami in January. A U.S. federal court of appeals panel suspended the venture capital firm's grant program for Black women business owners, ruling that a conservative group is likely to prevail in its lawsuit claiming that the program is the discriminatory.

Tagged as: 

  • Law

Grant program for Black women business owners is discriminatory, appeals court rules

The ruling against the Fearless Fund is another victory for conservative groups waging legal battles against corporate diversity programs,

June 04, 2024
|
By:
  • Associated Press
In this photo illustration, the TikTok app is seen on a phone on March 13, 2024 in New York City. In less than 24 hours, former President Donald Trump amassed 2 million followers on the app.

Tagged as: 

  • Politics

Trump calls it an 'honor' to join TikTok after previously trying to ban the app

In less than 24 hours, former President Donald Trump amassed over 2 million followers on TikTok — nearly a third of the following he has on his own social media platform, Truth Social.

June 04, 2024
|
By:
  • Juliana Kim
Customers wait in line at a Costco food court in Hawthorne, California.

Tagged as: 

  • Business

Costco hot dogs have cost $1.50 since the 1980s. Here's why prices aren't changing

Costco's new leadership says the $1.50 price tag on its beloved hot dog combo is "safe." Experts explain how the retailer has defied inflation — and why it's willing to eat the cost.

June 04, 2024
|
By:
  • Rachel Treisman
The new Savannah St. Patrick's Day parade “to-go” cup features illustrations of six local landmarks, including the Forsyth Park fountain.

Tagged as: 

  • Business

Savannah seeks public comment on whether to expand city's open-container ‘to-go cup’ zone

The proposed zone would encompass the Starland District and Victorian District, among other neighborhoods.

June 03, 2024
|
By:
  • Benjamin Payne
Investors in the company behind Truth Social are vowing to buy more shares to support former President Trump after his historic conviction.

Tagged as: 

  • Business

Why investors are doubling down on Truth Social despite Trump's historic conviction

Despite former President Trump's historic conviction, shareholders of his social media company are vowing to stay with him no matter what.

June 03, 2024
|
By:
  • Rafael Nam

Tagged as: 

  • Movies

Summer box office woes: Hollywood’s optimistic, but movie seats are still empty

After an already-slow spring, movie theater attendance over Memorial Day Weekend was the lowest in decades, apart from 2020.

June 01, 2024
|
By:
  • Bob Mondello
Scarlett Johansson arrives at the BAFTA Film Awards in London last year. Johansson says she was stunned when OpenAI unveiled a voice assistant that sounded eerily similar to her. New lab analysis suggests she has a point.<br>

Tagged as: 

  • Business

Voice analysis shows striking similarity between Scarlett Johansson and ChatGPT

A new lab analysis conducted for NPR by Arizona State University data scientists shows that OpenAI's "Sky" voice is more similar to Johansson's than hundreds of other actors analyzed.

June 01, 2024
|
By:
  • Bobby Allyn
In this photo illustration, a Ticketmaster website is shown on a computer screen on Nov. 18, 2022, in Miami.

Tagged as: 

  • Business

Ticketmaster hack may affect more than 500 million customers

A group of hackers claimed this week to have stolen 1.3 terabytes of Ticketmaster user data, including names, addresses and credit card information.

June 01, 2024
|
By:
  • Juliana Kim
Dollar General is attracting new customers, as inflation-weary shoppers hunt for bargains. Many of the discount chain's core customers are checking out with fewer items in their baskets.

Tagged as: 

  • Business

Discounting is back in fashion, as Americans get tired of paying more

Consumer spending rose only slightly in April, as shoppers pushed back against rising prices.

June 01, 2024
|
By:
  • Scott Horsley
Trump Media shares were volatile a day after the former president -- and majority shareholder of the company -- became a convicted felon.

Tagged as: 

  • Business

'Buy DJT' is a new rallying cry for Trump supporters

Shares of Trump Media, the company behind Truth Social, were volatile a day after his historic conviction. It's an early test of how committed his supporters will actually be in owning the shares.

May 31, 2024
|
By:
  • Rafael Nam

Tagged as: 

  • Technology

How the FBI's fake cell phone company put criminals into real jail cells

There is a constant arms race between law enforcement and criminals, especially when it comes to technology. For years, law enforcement has been frustrated with encrypted messaging apps, like Signal and Telegram. And law enforcement has been even more frustrated by encrypted phones, specifically designed to thwart authorities from snooping.

But in 2018, in a story that seems like it's straight out of a spy novel, the FBI was approached with an offer: Would they like to get into the encrypted cell phone business? What if they could convince criminals to use their phones to plan and document their crimes — all while the FBI was secretly watching? It could be an unprecedented peek into the criminal underground.

To pull off this massive sting operation, the FBI needed to design a cell phone that criminals wanted to use and adopt. Their mission: to make a tech platform for the criminal underworld. And in many ways, the FBI's journey was filled with all the hallmarks of many Silicon Valley start-ups.

On this show, we talk with journalist Joseph Cox, who wrote a new book about the FBI's cell phone business, called Dark Wire. And we hear from the federal prosecutor who became an unlikely tech company founder.

Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+
in Apple Podcasts or at plus.npr.org/planetmoney.

May 31, 2024
|
By:
  • Nick Fountain,
  • Jess Jiang,
  • and 1 more
The CeBit technology fair in Hanover, Germany, March 24, 1990, shows a portable fax machine that weighs 3 kilos (6.6 pounds) and can be connected to any telephone via acoustic couplers.

Tagged as: 

  • World

Fax machines permeate Germany's business culture. But parliament is ditching them

Four out of five companies in Europe's largest economy continue to use fax machines. But Germany's parliament has until the end of June to stop relying on the antiquated communication technology.

May 31, 2024
|
By:
  • Esme Nicholson
  • Load More

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