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Updated: 1 hour 44 min ago

Bankrupt California City May Turn To Taxing Pot

Wed, 07/30/2014 - 7:24pm

San Bernardino, which filed for bankruptcy two years ago, is wasting money fighting marijuana sales, says the city attorney. Better to regulate pot, end the black market — and collect taxes.

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Why Your 'Small-Batch' Whiskey Might Taste A Lot Like The Others

Wed, 07/30/2014 - 5:33pm

A factory in Indiana is churning out massive quantities of beverage-grade rye whiskey. A food blogger discovered that many small distilleries are buying it and using it in bottles labeled "artisan."

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Job Worries Linger But The Economy Is Looking Good

Wed, 07/30/2014 - 4:54pm

Both the Commerce Department and the Federal Reserve gave the economy good marks after years of slack performance. The Fed still frets about jobs but generally is upbeat, predicting "moderate" growth.

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Why Are Theater Tickets Cheaper On The West End Than On Broadway?

Wed, 07/30/2014 - 4:24pm

In London, a matinee ticket for Matilda costs about $60; in New York, it's $137. What's going on? The West End has weaker unions and subsidized theater, while Broadway has amenities.

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Grocery Chain Workers Want Their CEO Back

Wed, 07/30/2014 - 4:04pm

Arthur T. Demoulas, chief executive of the New England grocery chain Market Basket, was pushed out by his cousin in a boardroom struggle. Protesting employees have brought business to a standstill.

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Judge Orders Bank Of America To Pay $1.3 Billion Fine

Wed, 07/30/2014 - 3:27pm

A jury had found the bank liable for fraud related to mortgages sold by its Countrywide Financial unit last October. Bank of America may appeal.

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Can Pinterest Compete With Google's Search?

Wed, 07/30/2014 - 2:07pm

Pinterest has created a database of things that matter to humans. And with a programming team that's largely been hired away from Google, the company has begun offering what it calls "guided search."

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Fed Continues To Ease Up On Economic Stimulus

Wed, 07/30/2014 - 1:38pm

The Fed announced modest cuts in its bond-buying program and noted that inflation is becoming an issue. But with room to grow in the labor market, the bank is not ready to raise interest rates.

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Some Loyal Foursquare Users Are Checking Out After Swarm Spinoff

Wed, 07/30/2014 - 12:12pm

Backlash to the company's move to break its app in two is costing it the users that loved Foursquare the most. "Why do I need two apps when I had one that provided both services?" asked one user.

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U.S. Economy Rebounds In Spring With GDP Expanding At 4 Percent Rate

Wed, 07/30/2014 - 8:03am

The news from the Commerce Department comes after the economy shrank at a 2.1 percent rate in the first quarter of the year. The numbers raise hope for continued growth in the second half of 2014.

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France's Nude Models Threaten To Strike

Wed, 07/30/2014 - 5:09am

The models say they have no job security or vacation pay and aren't allowed to collect tips. Organizers have said "not just anyone can take their clothes off and hold a pose."

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NCAA Head-Injury Settlement Includes $70 Million Medical Fund

Wed, 07/30/2014 - 4:58am

The NCAA has settled a class-action lawsuit over its head injury policies, pending approval. Supporters laud a $70 million fund for medical monitoring; others say there's no money for injured players.

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How Much Impact Will New Sanctions Have On Russia?

Wed, 07/30/2014 - 3:59am

Linda Wertheimer talks with Financial Times reporter Kathrin Hille in Moscow about the economic impact on Russia of accumulating Western sanctions.

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U.S. Judge Sides With Iraq, Blocks Kurds' Attempt To Sell Oil

Wed, 07/30/2014 - 3:59am

A U.S. judge has blocked an effort by Iraq's Kurdistan region to sell $100 million worth of crude oil to refiners in the U.S. It's sitting in a giant tanker ship off the coast of Texas. The judge agreed with the Iraqi government that the oil belongs to it and not the Kurds.

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As Pharma Jobs Leave N.J., Office Space Ghost Towns Remain

Wed, 07/30/2014 - 3:59am

In the last 20 years, New Jersey went from having more than 20 percent of U.S. pharmaceutical manufacturing jobs to less than 10 percent. That means offices, labs and warehouses have gone dark.

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Bolivia Makes Child Labor Legal, In An Attempt To Make It Safer

Wed, 07/30/2014 - 3:59am

New legislation in Bolivia will allow children as young as 10 to work. Critics say the law will keep kids out of school, but supporters argue that children are working anyway — and need protection.

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New York Skyscraper's Separate 'Poor Door' Called A 'Disgrace'

Wed, 07/30/2014 - 3:59am

A developer got tax breaks for creating affordable units in its luxury high-rise, but those tenants will have to use a separate entrance. Officials vow to review zoning laws that allowed the design.

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Ruling: McDonald's Can Be Held Liable For Franchises' Labor Violations

Wed, 07/30/2014 - 3:59am

The case grew out of a series of strikes by employees demanding higher wages. McDonald's will challenge the ruling, but if it's upheld, it could become easier for U.S. employees to unionize.

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McDonald's Responsible For Treatment Of Workers, Agency Says

Tue, 07/29/2014 - 5:19pm

The National Labor Relations Board has found that McDonald's shares responsibility for working conditions at its franchised restaurants. The company will fight the ruling.

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OkCupid Sometimes Messes A Bit With Love, In The Name Of Science

Tue, 07/29/2014 - 3:59pm

OkCupid, the online dating site, disclosed Monday that they sometimes manipulate their users' profiles for experiments.

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