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Updated: 1 hour 36 min ago

Major Producers Work On Agreement To Freeze Oil Production

Tue, 02/16/2016 - 3:26pm

The price of oil is up on news that four major producers are talking about freezing production at January levels. Saudi Arabia, Russia, Venezuela and Qatar want to limit production to see if they can put a floor under oil prices and maybe move them up. But they will need cooperation from Iran and Iraq, which will be hard to achieve.

How Major Chinese Banks Help Sell Knock-Offs

Tue, 02/16/2016 - 3:26pm

Leading banks in China are facilitating the sale of counterfeit handbags, clothes and other knock-off goods online, by hosting bank accounts for bogus manufacturers.

With Special Tax Suspended, Medical Device Firms Reap Big Savings

Tue, 02/16/2016 - 3:26pm

The medical device industry is enjoying a two-year moratorium on a tax that was created to support the Affordable Care Act. Are firms using their savings to create more jobs, as many claim?

Study: Program To Protect Fish Is Saving Fishermen's Lives, Too

Tue, 02/16/2016 - 6:00am

Catch share programs — where fishermen are allotted a set quota of the catch --reduce the notoriously risky behavior fishermen are known for, like sailing in stormy weather, a new study finds.

U.S. Cuba To Sign Commercial Air Traffic Deal

Tue, 02/16/2016 - 5:07am

Transportation Secretary Anthony Foxx is in Cuba to sign a bi-lateral agreement that will allow commercial airline service between the two countries for the first time in decades.

'New Yorker' Examines TMZ's Strategy

Tue, 02/16/2016 - 4:09am

Celebrity news website TMZ operates a lot like an intelligence agency, according to a piece in The New Yorker. Mary Louise Kelly talks to Nicholas Schmidle about TMZ's reporting tactics.

'Narconomics': How The Drug Cartels Operate Like Wal-Mart And McDonald's

Mon, 02/15/2016 - 12:05pm

The cartels' business models are similar to those of big-box stores and franchises, says Tom Wainwright, former Mexico City bureau chief for The Economist. His new book is Narconomics.

Popular Heartburn Pills Can Be Hard To Stop, And May Be Risky

Mon, 02/15/2016 - 3:41am

Millions of people take proton pump inhibitors. But the drugs can increase the risk of infections, bone fractures and kidney problems. And trying to stop the drugs can make symptoms much worse.

The Carpet Weaver Of Shiraz

Sat, 02/13/2016 - 6:49am

A carpet weaver in the ancient city of Shiraz continues her family tradition, but doesn't earn enough to support her large family. Will the easing of economic sanctions on Iran make a difference?

Don't Mind The Markets, Experts Say — Economy Not Entering Recession

Sat, 02/13/2016 - 6:49am

Stock markets rallied on Friday, but it was not enough to erase the losses from earlier in the week. Investors are fretting that the recent market turmoil could mean another recession.

Dinner With A Side Of I Do's: For Restaurants, Proposals Are Good Business

Sat, 02/13/2016 - 6:00am

Marriage proposals are pretty routine at America's high-end restaurants. They can lift the mood in the entire dining room, boost tips and create lifelong customers. Unless the answer is "no," that is.

Chipotle's Food-Safety Woes? Don't Expect Sympathy From Rest Of Industry

Sat, 02/13/2016 - 4:29am

Chipotle has scorned some mainstream farming practices, like GMOs and antibiotics. Now the fast-casual chain is taking hits over food safety, and past targets of its attacks are taking revenge.

U.S. And Cuba To Re-Establish Commercial Air Travel Next Week

Fri, 02/12/2016 - 5:32pm

The U.S. and Cuba will sign a civil aviation agreement in Havana on Tuesday. The signing formalizes the arrangement reached in December, allowing for a limited number of U.S. flights to Cuba.

Colonialism Comment Puts Facebook Under Scrutiny

Fri, 02/12/2016 - 1:44pm

A board member of Facebook lambasted a decision by regulators in India, the social network's second-largest market. He thereby sparked new scrutiny of Facebook's intentions in that country.

What The Heck Is Natural Wine? Here's A Taste

Fri, 02/12/2016 - 11:38am

Natural wines can be off-putting at first: perhaps darker than usual, a little fizzy or cloudy. Some find them charming, others unsophisticated. Here's a guide to this trending, quirky style of wine.

Why The Contradiction? Stocks Fall While Unemployment Claims Are Down

Fri, 02/12/2016 - 4:04am

David Greene talks to economist Mohamed El-Erian, chairman of President Obama's Global Development Council, about recent turmoil in the stock market despite good employment numbers.

Sanders Favors A 'Speculation Tax' On Big Wall Street Firms. What Is That?

Fri, 02/12/2016 - 4:00am

The tax would apply to all kinds of trading, but estimates of how much revenue it might raise vary greatly.

At Many Workplaces, Training For A New Threat: Active Shooters

Thu, 02/11/2016 - 5:56pm

More companies are offering employees training to deal with shooting threats at work. But it presents a dilemma: "How do you create awareness, without creating paranoia?" one expert says.

North Dakota Residents Weather Downturn In Commodity Prices

Thu, 02/11/2016 - 4:28pm

North Dakota's fortunes have taken an abrupt turn for the worse. The state was recently a destination for thousands of people seeking a better life and high paying jobs in the Bakken oil field. But oil prices have fallen nearly 70 percent, along with agriculture prices. NPR reports on how residents are handling the sudden downturn.

Global Markets Slide As Fed Chair Janet Yellen Briefs Congress

Thu, 02/11/2016 - 3:27pm

Stock markets around the world were down again Thursday. In the U.S., the Dow and the S&P were down about 2 percent at mid-day. Federal Reserve Chair Janet Yellen is on Capitol Hill briefing lawmakers, and the price of oil slipped below $27 a barrel.

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