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Updated: 34 min 40 sec ago

DOJ Alleges Fraudulent Security Checks By Firm That Vetted Snowden

Thu, 01/23/2014 - 8:31am

Justice says U.S. Investigations Services, the company that cleared both the NSA leaker and Navy Yard shooter Aaron Alexis, expedited hundreds of thousands of cases that weren't properly reviewed.

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More Steady-As-She-Goes News In Latest Jobless Claims Data

Thu, 01/23/2014 - 8:00am

The number of people who applied for unemployment insurance barely changed last week. The pace remained near where it was before the economy slipped into its 2007-2009 recession.

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Don't Fall For The Oldest Trick In The Book

Thu, 01/23/2014 - 4:00am

Police in Ceres, Calif., have a warning: If someone comes up to you in a silver Lexus at dusk offering a ridiculously cheap iPad — don't buy it. Authorities say several people have fallen prey to the alluring low prices.

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Netflix Reports Better-Than-Expected Earnings

Thu, 01/23/2014 - 4:00am

The video streaming company's shares spiked more than 17 percent Wednesday during after-hours trading. The company also announced it added more than 2 million subscribers during the fourth quarter.

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World Economic Forum Opens In Switzerland

Thu, 01/23/2014 - 4:00am

Every year, the world's movers and shakers gather in Davos, for an economic conference. Renee Montagne talks to Gideon Rachman, the chief foreign affairs columnist for the Financial Times, about who's there, and what international issues are at the forefront.

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Texas Landowners Keep Watchful Eye On Keystone KL Pipeline

Thu, 01/23/2014 - 4:00am

Oil is now running through the southern part of the keystone XL pipeline. Supporters and opponents will be watching carefully to see what that could mean for the northern section of the project, that still awaits approval from the Obama administration.

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Spain Exits Bailout In A Sign Of Progress, Not Full Recovery

Thu, 01/23/2014 - 2:47am

Spain's banking system is officially marking the end of its reliance on bailout loans from Europe — only the second eurozone country to do so. Although the banking system may be on surer footing, the overall economy — with youth unemployment pushing 60 percent — still has a long way to go.

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Spain Exits Bailout In A Sign Of Progress, Not Full Recovery

Thu, 01/23/2014 - 2:47am

Spain's banking system is officially marking the end of its reliance on bailout loans from Europe — only the second eurozone country to do so. Although the banking system may be on surer footing, the overall economy — with youth unemployment pushing 60 percent — still has a long way to go.

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Hudson High Jinks: 2 States, 1 Port Authority, Lots Of Politics

Thu, 01/23/2014 - 2:43am

The government agency at the heart of the George Washington Bridge lane closure scandal may be little-known outside of the Northeast. But the Port Authority of New York and New Jersey controls a pot of money bigger than the budget of some states.

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Target Hack A Tipping Point In Moving Away From Magnetic Stripes

Thu, 01/23/2014 - 2:42am

After the Target and Neiman Marcus data breach compromised credit card data of at least 70 million American consumers, the banking and retail industries are coming to a consensus to move away from the swipe and signature system to the much more secure chip and PIN process available around the world.

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Small Batch Distilleries Ride The Craft Liquor Wave

Wed, 01/22/2014 - 4:24pm

Bacardi, Jack Daniels and Johnnie Walker have some new competition these days. There's been a surge in the number of craft distilleries in the U.S. over the past few years, as more mom-and-pop entrepreneurs are making liquor for local customers.

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Should Farmers Give John Deere And Monsanto Their Data?

Wed, 01/22/2014 - 3:45pm

Farmers can now deliver data from their fields, minute by minute, to big agribusiness companies like Monsanto or John Deere. Those companies promise to use the data to help farmers make money. But some farmers worry that it could threaten their privacy and give the big companies too much power.

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Putting The Brake On Who Can See Your Car's Data Trail

Wed, 01/22/2014 - 3:29pm

Many cars can now track where we are, how fast we go and lots of other nuggets of information that can be accessed and mined. Some lawmakers and at least one car company say it's time to set some rules on driver privacy.

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Debate: Is The Affordable Care Act Beyond Repair?

Wed, 01/22/2014 - 2:07pm

Two teams of medical doctors and political columnists face off over the hot-button health care law in the latest Intelligence Squared debate. Is Obamacare fundamentally flawed or poised to transform the health care system for the better?

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Warren Buffett's $1 Billion Basketball Bet Is A Very Long Shot

Wed, 01/22/2014 - 1:37pm

Quicken Loans and Buffett have teamed up to offer $1 billion to anyone who correctly picks the winners of all 63 games in this year's NCAA Division I men's basketball tournament. But the odds of winning are sky-high.

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Long John Silver's Throws Trans Fats Overboard

Wed, 01/22/2014 - 11:31am

Last year, the fast food chain earned the dubious distinction from a health watchdog group of serving "America's worst restaurant meal." Now, Long John Silver's is winning praise for removing all trans fats from its menu.

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Millions Of People Are Quitting Their Jobs Every Month. That's Good News.

Wed, 01/22/2014 - 10:34am

People often quit when they think they can find a better option. Here's where people are quitting now.

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Almost No Poor Nations By 2035? That's What Bill Gates Says

Wed, 01/22/2014 - 7:30am

In his annual letter about the work of his foundation, the Microsoft co-founder says once-impoverished nations have already made tremendous progress and more will follow their lead.

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Long A Dirty Word, Gentrification May Be Losing Its Stigma

Wed, 01/22/2014 - 2:44am

The transformation of low-income communities into trendy urban destinations has made some yuppies and hipsters feel guilty for years. But new studies show that gentrification can be good for both new and longtime residents — and that the latter may be displaced less often than people think.

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Leadership Changes At Pimco, Dow Jones

Wed, 01/22/2014 - 1:42am

In an unexpected shakeup, News Corp said Tuesday that it is replacing Lex Fenwick, CEO of its Dow Jones subsidiary. And, CEO Mohamed El-Erian is leaving Pimco as part of a series of leadership changes at the giant money manager.

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