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Updated: 54 min 1 sec ago

It's Three's Company Now: Microsoft Names New CEO

Tue, 02/04/2014 - 3:00pm

Satya Nadella is just the third CEO in Microsoft's 39-year history. He's a Microsoft insider tasked with re-energizing the company and making it more relevant in a future likely to be dominated by mobile technology. As Nadella moves into his new role, he will be supported by Bill Gates, who is stepping down as chairman to become more involved with technology development.

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Case Sheds Light On The Murky World Of Asbestos Litigation

Tue, 02/04/2014 - 3:00pm

Asbestos lawsuits have bankrupted scores of companies since the 1980s. In one case, a federal judge found that lawyers for people with a rare cancer linked to asbestos misled courts and made evidence disappear. The judge's decision could affect what other companies must pay victims in the future.

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Congress Sends Five-Year Farm Bill To White House

Tue, 02/04/2014 - 2:38pm

With a vote of 68-32, the Senate approved a sweeping farm bill Tuesday that will set rules and practices for American agriculture. The bill does away with controversial direct cash payments made to farmers under a subsidy system, replacing it with crop insurance.

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Drugmakers And NIH Band Together To Speed Up Research

Tue, 02/04/2014 - 2:31pm

Ten pharmaceutical companies have agreed to cooperate with the National Institutes of Health in the hunt for new medicines to treat Alzheimer's disease, Type 2 diabetes, rheumatoid arthritis and lupus. All the scientific data produced by the venture will be shared publicly.

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Microsoft Announces Nadella As CEO, New Role For Gates

Tue, 02/04/2014 - 12:55pm

After a long and closely watched CEO search, Microsoft has tapped Satya Nadella, an insider and 22-year veteran of the company. Microsoft co-founder Bill Gates is stepping down as chairman and will help Nadella shape technology and product development.

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U.S. Borrowing Is Less Of An Economic Worry, At Least For Now

Tue, 02/04/2014 - 11:05am

The Congressional Budget Office says the federal budget deficit in fiscal 2014 will shrink to $514 billion — far less than it was at the height of the Great Recession. While the short-term outlook is a bit brighter, the CBO says there's still plenty to worry about in the long term.

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MyRA and IRA: Understanding Options For Your Retirement Savings

Tue, 02/04/2014 - 10:57am

Host Michel Martin talks with financial planner Louis Barajas about how IRAs work, and how investors can use them to help people prepare for retirement.

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Microsoft Picks Insider Nadella As CEO; Gates Takes New Role

Tue, 02/04/2014 - 8:30am

Satya Nadella has been with Microsoft since 1992. Most recently, he led the company's "cloud and enterprise" group. Bill Gates, Microsoft's co-founder, will no longer be the company's chairman. He's going to be a "technology adviser" to Nadella.

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8 Things Worth Knowing About Microsoft's New CEO, Satya Nadella

Tue, 02/04/2014 - 8:25am

He's hyper-educated and his background is in the cloud. Learn more about the Indian-American Microsoft veteran who became the third CEO in the company's 38-year history.

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Senate Expected To Pass Long-Delayed Farm Bill

Tue, 02/04/2014 - 4:00am

The Senate is heading toward final passage of a five-year, half-trillion dollar farm bill Tuesday afternoon. Proponents are pointing to its elimination of direct subsidies and replacement with crop insurance. But critics say crop insurance continues to provide overly generous subsidies to even wealthy corporate farms.

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The Last Word In Business

Tue, 02/04/2014 - 4:00am

Steve Inskeep and Renee Montagne have the Last Word in business.

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VW Chattanooga Plant To Vote On UAW Membership

Tue, 02/04/2014 - 4:00am

Next week in Tennessee, workers at Volkswagen's Chattanooga plant will vote on whether to join the United Auto Workers. It's the first attempt to unionize a non-Detroit-run factory in 13 years. Volkswagen has given the drive its blessing but outside groups have stepped in to fight the union.

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Business News

Tue, 02/04/2014 - 4:00am

Renee Montagne has business news.

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Skater Sonja Henie 'Put A Dollar Sign' Behind The Gold

Tue, 02/04/2014 - 2:45am

The Norwegian figure skater reinvented the sport, adding grace and lyricism while also helping to commercialize it. She translated her gold medals into a high-flying Hollywood career, but also sparked controversy by rubbing shoulders with Adolf Hitler himself.

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Facebook At 10: Amid Doubters, Company Eyes Next Growth Phase

Tue, 02/04/2014 - 2:44am

Facebook's big birthday comes amid tales of trouble — that its youngest users don't find it cool anymore. But Facebook doesn't seem fazed. It is, after all, a company that serves almost one-fifth of the world's population and took in more than $7 billion last year.

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The Deficit: The Talk Is Big, But The Number Is Shrinking

Tue, 02/04/2014 - 2:42am

The federal budget deficit is falling sharply, but you wouldn't know it from some of the rhetoric in Washington. But Republicans caution that the downward trend line will reverse itself soon enough.

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How American Food Companies Go GMO-Free In A GMO World

Tue, 02/04/2014 - 2:41am

Many American food companies, responding to consumer demands, are looking for grain that's not genetically modified. It turns out that non-GMO corn and soybeans aren't hard to find. Years ago, grain traders set up a supply chain to deliver non-GMO grain from U.S. farmers to customers in Japan.

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Istanbul's Mega-Projects: Bigger Is Better Or A 'Crazy Canal?'

Tue, 02/04/2014 - 2:03am

Turkey's Prime Minister Recep Tayyip Erdogan is pushing hard for the grandiose projects that include a new bridge across the Bosphorus, a massive airport and an ambitious canal. Some Turks are cheering him on, but others worry about how they might change the city.

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All Hail The Asparagus Queen! How Ag Pageants Lure New Contestants

Mon, 02/03/2014 - 4:26pm

Some farming communities are struggling to find enough contestants for the pageants that crown monarchs like the Asparagus Queen and Beef Queen. So they are relaxing the pageant rules to spice up the competition.

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Stocks Head Lower; Investors Wonder What's Next

Mon, 02/03/2014 - 4:21pm

The Dow had its seventh triple-digit drop so far this year. Is it a short term pullback, or a sign of a tough year to come?

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