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: 38 min 40 sec ago

Why Blockbusters And Flops Cost The Same At The Box Office

Tue, 07/15/2014 - 3:21pm

At the movies, a ticket to a sold-out blockbuster costs the same as a ticket to a bomb playing in an empty theater. Jacob Goldstein of the Planet Money team finds out why.

» E-Mail This

Comcast 'Embarrassed' By The Service Call Making Internet Rounds

Tue, 07/15/2014 - 10:53am

In case you missed it, a customer posted eight minutes of a bleak call with Comcast. His attempt to cancel his cable set a new standard for bad customer service.

» E-Mail This

Citigroup Settlement Offers Former Homeowners 'Cold Comfort'

Tue, 07/15/2014 - 9:55am

The Justice Department's settlement with Citigroup offers $2.5 billion for "consumer relief." Critics say it will do nothing for those hurt most by the foreclosure crisis: people who lost their homes.

» E-Mail This

NPR News Executive Leaves For Job At The Atlantic

Tue, 07/15/2014 - 9:28am

Margaret Low Smith, who has served as NPR's senior vice president for news for three years, is leaving the company to become the president of The Atlantic's live events business.

» E-Mail This

Tobacco Giant Reynolds American To Buy Lorillard In $27B Deal

Tue, 07/15/2014 - 7:06am

The deal unites the maker of Camel with Lorillard, the market leader in e-cigarettes and menthol cigarettes, the fastest-growing segments of the tobacco market.

» E-Mail This

Employees Criticize CIA Cafeteria, FOI Request Reveals

Tue, 07/15/2014 - 4:11am

The news website MuckRock published complaints about the CIA cafeteria which came from a 2010 Freedom of Information Act request. Spies prefer individual ketchup packets to pump dispensers.

» E-Mail This

Chocolatier Lindt To Buy Russell Stover

Tue, 07/15/2014 - 4:11am

Russell Stover has a long history, a large distribution network and loyal U.S. customers — the world's largest chocolate market. Lindt specializes in higher-end brands like Ghirardelli and Lindor.

» E-Mail This

Coal-Burning Power Plant To Give New Life To Texas Oil Field

Tue, 07/15/2014 - 4:11am

About 1.6 million tons of carbon dioxide will be captured annually from a coal-burning power plant near Houston. Then the CO2 will be injected into a nearby oil field to help boost crude production.

» E-Mail This

VW To Expand Chattanooga Plant

Tue, 07/15/2014 - 4:11am

German automaker Volkswagen will add 2,000 new jobs at the Tennessee plant. They'll make a new seven-passenger SUV.

» E-Mail This

Kurds May Have Oil To Export, But Buyers Are Harder To Find

Tue, 07/15/2014 - 2:32am

Iraq's Kurdish region sits on vast amounts of oil. The regional government says it has the right to export the oil. But Baghdad is blocking those sales, saying only it has the right to sell Iraqi oil.

» E-Mail This

Leased Solar Panels Can Cast A Shadow Over A Home's Value

Tue, 07/15/2014 - 2:31am

Installing solar panels on a house to produce electricity is expensive. Leasing is one popular alternative, but some homeowners are learning 20-year contracts can complicate a home sale.

» E-Mail This

The Rise Of The Online Rebuttal — And How It's Making Waves In Print

Mon, 07/14/2014 - 3:06pm

Actor George Clooney published an online response to allegations made about his upcoming marriage by The Daily Mail, convincing the British tabloid to take its story down. It was just the latest successful example of an evolving phenomenon: the online rebuttal.

» E-Mail This

Citigroup Agrees To $7 Billion Fine For 'Egregious' Misconduct

Mon, 07/14/2014 - 3:06pm

Citigroup has agreed to pay $7 billion to settle claims that it committed fraud when it sold mortgage-backed securities in the years leading up to the financial crisis. Most of the money will be paid to the U.S. Treasury, but some will be used to provide mortgage relief to struggling homeowners.

» E-Mail This

In Europe, Google Stumbles Between Free Speech And Privacy

Mon, 07/14/2014 - 3:06pm

Europe's highest court left Google with the responsibility of balancing the privacy rights of citizens with the public interest — and it's a tough balancing act.

» E-Mail This

Accounting Giant To Pay $4 Million After Improper Lobbying

Mon, 07/14/2014 - 2:25pm

The SEC announced Monday that auditing giant Ernst & Young will pay $4 million to settle charges a subsidiary lobbied Congress inappropriately. The firm neither admitted nor denied the charges.

» E-Mail This

How A Factory Man Fought To Save His Furniture Company

Mon, 07/14/2014 - 2:16pm

Virginia furniture owner John Bassett III was determined to beat out foreign competitors. Author Beth Macy documents him, and the collapse of the U.S. furniture industry, in her new book, Factory Man.

» E-Mail This

Trump Plaza Latest Atlantic City Casino To Fold

Mon, 07/14/2014 - 1:46pm

The casino sent out a warning on Monday to more than 1,000 employees that their jobs will likely end in September. It could be one of four Atlantic City casinos to shut down.

» E-Mail This

Tech Giants Make Net Neutrality Case As Deadline Nears

Mon, 07/14/2014 - 12:16pm

The nation's top Internet companies are officially pressing for broad regulation to maintain free and equal access to the Internet.

» E-Mail This

Citigroup Settles Subprime Mortgage Case For $7 Billion

Mon, 07/14/2014 - 11:34am

Citigroup has settled civil charges related to the marketing of mortgage-backed securities in the years leading up to the financial crisis. Some of the money will go toward mortgage relief.

» E-Mail This

Sweet Deal? Chocolatier Lindt Buys Russell Stover

Mon, 07/14/2014 - 8:59am

The purchase would make the combined company the No. 3 chocolate maker in North America. The deal's value is estimated at around $1.5 billion.

» E-Mail This




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

Get Directions


(256) 895-9574

(800) 239-9574