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: 1 hour 57 min ago

Bank Of America Settles With Feds And States For Record Amount

Thu, 08/21/2014 - 3:10pm

In the latest fallout from misdeeds leading up to the financial crisis, Bank of America has agreed to a record $16.65 billion deal with federal and state governments. The deal helps the bank avoid prosecution for the fraudulent sale of toxic mortgage-backed securities to investors.

» E-Mail This

How To Sell Diverse Books: A Bookstore Owner's Advice

Thu, 08/21/2014 - 3:03pm

It's not news that the publishing world isn't very diverse. But over on the other side of the industry, how do owners of neighborhood bookstores try to sell books for or about people of color?

» E-Mail This

Bank Of America Settles Mortgage Case For $16.65 Billion

Thu, 08/21/2014 - 12:07pm

The bank agreed to pay a record amount to the U.S. government to avoid prosecution for its fraudulent sale of toxic mortgage-backed securities to investors in the lead-up to the financial crisis.

» E-Mail This

Bank Of America Reaches Record Settlement Over Mortgage Meltdown

Thu, 08/21/2014 - 9:24am

The nation's second-largest bank has agreed to pay $17 billion to settle allegations that it misled investors into buying toxic mortgage-backed securities.

» E-Mail This

Why Restaurant And Hotel Workers May Soon Get A Raise

Thu, 08/21/2014 - 9:09am

Restaurants and hotels are posting new job openings faster than they can fill them. This is a promising sign for the economy.

» E-Mail This

'Awesome Mix' Is No. 1 On Billboard 200 Album Chart

Thu, 08/21/2014 - 4:07am

The soundtrack for Marvel's blockbuster space opera Guardians of the Galaxy is No. 1 for the second week in a row. Nielsen SoundScan reports the compilation sold 93,000 copies last week.

» E-Mail This

China Investigates Lexus For Anti-Monopoly Violations

Thu, 08/21/2014 - 4:07am

Toyota says it will lower prices of auto parts for its Lexus models in China. This comes after Chinese regulators raised concerns over possible antitrust violations in the country's auto industry.

» E-Mail This

Financial Players Gather In Jackson Hole For Annual Conference

Thu, 08/21/2014 - 4:07am

David Greene talks to David Wessel of the Brookings Institution about the symposium. The Federal Reserve Bank of Kansas City hosts central bankers and economists to talk about economic policy.

» E-Mail This

Fed Officials Debate Timing Of Interest Rate Hike

Thu, 08/21/2014 - 4:07am

Minutes of the Federal Reserve's most recent meeting show that a number of officials believe the benchmark rate should rise sooner than is currently expected.

» E-Mail This

Typewriters, Underwater Hotels And Picture Phones: The Future, As Seen From 1964

Thu, 08/21/2014 - 2:36am

The 1964 World's Fair showcased jet packs and other miracles of science. Here's how people back then thought the future would look (and how it actually turned out).

» E-Mail This

Announcement On Bank Of America Settlement Expected Soon

Thu, 08/21/2014 - 12:32am

The bank has reached a record settlement of nearly $17 billion to resolve a probe into its role in the sale of mortgage-backed securities before the 2008 financial crisis, according to AP sources.

» E-Mail This

Macy's To Pay $650,000 In Settlement Over Alleged Racial Profiling

Wed, 08/20/2014 - 7:30pm

The agreement follows a similar deal earlier this month with Barneys. Customers of both department stores said they had been targeted as suspects of theft because of their race.

» E-Mail This

SeaWorld Won't Appeal Ban On Trainers Performing With Orcas

Wed, 08/20/2014 - 3:44pm

The theme-park company received a citation in 2010 after a whale named Tilikum killed a trainer. Since then, SeaWorld has planned upgrades to its facilities and training. But it still faces criticism.

» E-Mail This

The Ice Bucket Challenge And Other Good Causes: Do Stars Really Help?

Wed, 08/20/2014 - 1:48pm

When Tom Hiddleston and Lady Gaga take the Ice Bucket Challenge, it makes a big splash. But do stars really make a difference in fund-raising and public awareness when they endorse a charity?

» E-Mail This

Urban Farms Build Resilience Within Singapore's Fragile Food System

Wed, 08/20/2014 - 6:17am

Tiny Singapore imports almost all of its food. From gardens on deserted car parks to vertical farms in the vanishing countryside, a movement is afoot to help boost its agricultural production.

» E-Mail This

Urban Farms Build Resilience Within Singapore's Fragile Food System

Wed, 08/20/2014 - 6:17am

Tiny Singapore imports almost all its food. From gardens on deserted car parks to vertical farms in the vanishing countryside, a movement is afoot to help boost its agricultural production.

» E-Mail This

Rights Of Protesters, Media Misunderstood In Ferguson

Wed, 08/20/2014 - 4:06am

Authorities in the Missouri city are barring protesters and the media from recording their actions, arresting photographers and reporters and insisting that marchers walk instead of stay in one place.

» E-Mail This

Malls Find New Ways To Draw Shoppers

Wed, 08/20/2014 - 4:06am

Standard big box shopping centers are in decline. But other types of malls have sprung up in their place. Some are based on making shopping more convenient. Others focus on the consumer experience.

» E-Mail This

Vodquila Gets Attention From Prestigious Competition

Wed, 08/20/2014 - 4:06am

Alabama business owner Chander Arora and his family are introducing the world to Vodquila, a mix of vodka and tequila. It won an award at the International Wine and Spirit Competition.

» E-Mail This

Browns Bet On Manziel, But Is He Too Much Of A Distraction?

Wed, 08/20/2014 - 4:06am

David Greene talks to John Ourand of the Sports Business Journal about Johnny Manziel. The bad behavior of the rookie quarterback for the Cleveland Browns is getting a lot attention.

» E-Mail This

Pages

©2014 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