Business News

Subscribe to Business News feed Business News
Find the latest business news with reports on Wall Street, interest rates, banking, companies, and U.S. and world financial markets. Subscribe to the Business Story of the Day podcast.
Updated: 24 min 22 sec ago

China's Stock Market Suffers Largest Drop In 8 Years

Mon, 07/27/2015 - 3:21pm

China's main stock index, the Shanghai Composite Index, fell 8.5 percent Monday in the biggest percentage drop in eight years. The Chinese market had been making a comeback from a serious sell-off earlier this summer, but now much of that gain has been lost.

» E-Mail This

Fiat Chrysler Fined $105 Million For Failing To Complete Recalls

Mon, 07/27/2015 - 3:21pm

The company will pay up to $105 million in fines for failing to fix recalled vehicles in a timely manner. The automaker also agreed to pay top trade-in value for many cars that were subject to recall.

» E-Mail This

Major Flaw In Android Phones Would Let Hackers In With Just A Text

Mon, 07/27/2015 - 5:01am

A severe flaw in Android, the world's most popular smartphone operating system, would let hackers take over with just a text message.

» E-Mail This

Feds Levy Record $105 Million Fine Against Fiat Chrysler For Safety Issues

Mon, 07/27/2015 - 4:11am

Federal regulators said the company failed to complete numerous safety recalls on more than 11 million vehicles. Fiat Chrysler released a brief statement on Sunday accepting the consequences.

» E-Mail This

Senior Senate Republicans Rebuke Cruz After He Criticizes McConnell

Mon, 07/27/2015 - 2:31am

The drama came as the Senate defeated a procedural vote to repeal President Obama's health care law and took a step toward reviving the federal Export-Import Bank, both amendments on a highway bill.

» E-Mail This

Fiat Chrysler Hit With Record $105 Million Fine Over Safety Recalls

Sun, 07/26/2015 - 6:51pm

The automaker admits it failed to promptly and effectively recall vehicles with defects, including ones that could cause drivers to lose control. The company will also buy back some cars from owners.

» E-Mail This

Britain's Pearson In Talks To Sell Stake In The Economist Group

Sat, 07/25/2015 - 11:42am

The announcement comes just days after the publisher said it was selling The Financial Times.

» E-Mail This

5 Airlines Investigated For Post-Derailment Price-Gouging

Sat, 07/25/2015 - 6:47am

The Transportation Department is examining airline ticket prices before and after the Philadelphia Amtrak derailment in May. NPR's Scott Simon talks to the AP's Scott Mayerowitz.

» E-Mail This

Struggling Greek Businesses Choked By Money Controls

Fri, 07/24/2015 - 4:08pm

They're facing a double whammy. Not only do customers have less money to spend, but businesses can no longer pay their foreign suppliers for goods and raw materials. Many fear they'll have to close.

» E-Mail This

Salt Is Slowly Crippling California's Almond Industry

Fri, 07/24/2015 - 3:33pm

California's ongoing drought has forced many almond growers to use groundwater on the thirsty crop. The problem: That water is high in salt, and it's killing almond trees.

» E-Mail This

Health Insurer Anthem To Buy Rival Cigna For Nearly $50 Billion

Fri, 07/24/2015 - 3:28pm

Health insurer Anthem has agreed to buy fellow insurer Cigna for close to $50 billion. NPR looks at what the deal might mean for consumers.

» E-Mail This

Anthem Deal For Cigna Would Hasten Health Insurance Consolidation

Fri, 07/24/2015 - 2:14pm

One reason health insurers are looking to get bigger is that the hospitals and doctor groups across the negotiating table have also gotten bigger.

» E-Mail This

Anthem To Buy Health Insurance Rival Cigna

Fri, 07/24/2015 - 9:00am

The $48 billion deal would create the nation's largest health insurer by enrollment.

» E-Mail This

Anthem To Buy Cigna, Creating Largest Health Insurer By Enrollment

Fri, 07/24/2015 - 7:06am

The combined company would have an estimated revenue of $115 billion and cover 53 million people in the U.S.

» E-Mail This

The Financial Times, A Newspaper Success Story, Is Sold For $1.3 Billion

Fri, 07/24/2015 - 4:03am

One of the world's oldest and most famous newspapers is changing hands. The Financial Times, based in London, will be sold to Nikkei Inc. of Japan for $1.3 billion dollars.

» E-Mail This

House To States: Don't You Dare Demand GMO Labels

Thu, 07/23/2015 - 5:26pm

A solid majority in the House of Representatives has voted to block efforts in some states to require labeling of GMOs.

» E-Mail This

Administration Prods States To Scrutinize Insurers' Rate Hikes

Thu, 07/23/2015 - 1:56pm

As health insurers propose their rates for 2016, state agencies are So far only a handful of states have finalized rates for 2016.

» E-Mail This

Doctors Press For Action To Lower 'Unsustainable' Prices For Cancer Drugs

Thu, 07/23/2015 - 11:08am

More than a hundred influential doctors banded together to propose seven ways to bring down the high prices of cancer drugs. They say changes are needed to preserve access to care.

» E-Mail This

Japan's Nikkei Will Purchase Financial Times Group For $1.3 Billion

Thu, 07/23/2015 - 10:01am

Earlier Thursday, the Financial Times itself had reported that the newspaper's publisher was on the verge of being sold to German media group Alex Springer.

» E-Mail This

Greece Approves Reforms, Clearing Hurdle For Bailout Deal

Thu, 07/23/2015 - 8:12am

The measures involve an overhaul to the banking and judicial systems — demands made by Greece creditors in exchange for the 86 billion euro rescue package.

» E-Mail This

Pages

©2015 WLRH PUBLIC RADIO

Address

WLRH Public Radio
UAH Campus
John Wright Drive
Huntsville, AL 35899

Get Directions

Phone

LOCAL:
(256) 895-9574

TOLL-FREE:
(800) 239-9574