Four banks agreed to plead guilty to currency manipulation and pay over $5 billion in fines. Officials say the banks used secret codes to manipulate the exchange rate between U.S. dollars and Euros.
Two former U.S. diplomats argue it's time to think of China less as a trading partner and more as a threat. Steve Inskeep talks to Robert Blackwill and Ashley Tellis about a paper they co-wrote.
A 32-page indictment by federal prosecutors charges the six with economic espionage and trade secret theft. They are accused of stealing wireless technology from a pair of U.S. companies.
Democrats are moving to raise the liability cap on Amtrak accidents, which was set at $200 million 18 years ago. They say the cap prevents full compensation for last week's derailment in Philadelphia.
In a vote of 14-1, the Los Angeles City Council voted Tuesday to increase the city's minimum wage from $9 to $15 an hour by 2020. More than 40 percent of the workforce earns less than the hourly wage.
Machines are taking on jobs that once seemed robot-proof. But can a machine replace radio reporters? We pit a human against a machine to find out.
Some firms use motion sensors and wireless tags to find out how people actually work. That can yield useful data, such as which free snacks tend to draw people into break rooms where they congregate.
Interim CEO Ellen Pao says the site wants to encourage a variety of views, within limits. "It's not our site's goal to be a completely free-speech platform. We want to be a safe platform," she says.
About half of the financial professionals surveyed say their competitors have behaved unethically or illegally to gain an advantage. And many say compensation and bonuses can create bad incentives.
By law, all California almonds must be pasteurized or treated with a fumigant — processes aimed at preventing foodborne illness. But critics say the treatments taint flavor and mislead consumers.
The increase — from $9 per hour — could cover as many as 800,000 people. LA is the biggest U.S city to raise its minimum wage to $15.
Takata, the Japanese airbag manufacturer, has agreed to expand the number of vehicles with defective airbags to nearly 34 million, according to U.S. federal regulators.
The problem lies with Takata air bags that can potentially explode, sending metal shards flying into the compartment. The recall is believed to be the largest in NHTSA's history.
The Bradford boasted sweet flesh so coveted, 19th-century growers turned to guns and poison to thwart thieves. The melon all but vanished by the 1920s. Now a descendant of its creator is reviving it.
When the Centers for Medicare and Medicaid Services sent a memo to insurers saying government audit policies could be relaxed, investors privy to the news pounced, sending shares upward.
Inflation is coming down and the foreign trade deficit is shrinking but Turks aren't seeing any relief at the pumps. Lower fuel costs have been undermined by the country's declining currency.
The delay in installing the automated control system that may have prevented last week's Amtrak derailment in Philadelphia is being blamed on not enough funding and complex design issues.
Lawmakers face a deadline to fund federal highway and mass transit repair. One option is to increase a gas tax. Former Transportation Secretary Ray LaHood talks to Steve Inskeep about his ideas.
The toy retailer has maintained a presence at Fifth Avenue and 59th Street for decades. In July, it will close its doors. Company officials are looking for a less expensive location in Manhattan.
Travelers are taking advantage of better employment and the strong dollar.