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Updated: 1 hour 44 min ago

Fed Vice Chairman Nominee Taught Bernanke And Many Others

Wed, 01/15/2014 - 3:00pm

President Obama has nominated Stanley Fischer to be vice chairman of the Federal Reserve. Fischer trained outgoing Fed Chairman Ben Bernanke, and he spent much of the last decade running Israel's central bank. If confirmed, Fischer would take over the position being vacated by Janet Yellen, who was recently confirmed as Bernanke's successor.

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Obama Unveils New Plans To Encourage Manufacturing Jobs

Wed, 01/15/2014 - 3:00pm

Touting a rebound in manufacturing jobs, President Obama announced a public-private partnership to expand that momentum. He unveiled a manufacturing innovation institute in North Carolina, the first of three similar hubs he proposed in last year's State of the Union address. Though factory jobs are being added, economists say it's highly unlikely that manufacturing can become a significant source of future employment.

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Boeing Machinists' Plight Marks Changing Times For Labor

Wed, 01/15/2014 - 3:00pm

The push by Boeing to wring concessions from its unionized workers — including the loss of pensions — echoes what's happened at other big manufacturers and demonstrates the state of organized labor across the country.

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After Checking Blood Pressure, Kiosks Give Sales Leads To Insurers

Wed, 01/15/2014 - 3:00pm

People like the convenience of checking their blood pressure at free machines in pharmacies and supermarkets. But at least one company is selling the contact information of people who use its machines to health insurers seeking new customers.

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How Virtual Currency Could Make It Easier To Move Money

Wed, 01/15/2014 - 12:41pm

It isn't just Bitcoin. You can now choose from more than 70 virtual currencies, and people are using them partly because it could be a free way of transferring money online. Given more time and widespread use, that could change the playing field for companies like Western Union and banks.

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Piracy On High Seas At Lowest Level In 6 Years, Report Says

Wed, 01/15/2014 - 9:55am

The International Maritime Bureau says there has been a 40 percent drop in piracy worldwide since 2011, and that much of the drop was due to fewer attacks off the Somali coast.

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Extending Jobless Benefits Likely Delayed Again

Wed, 01/15/2014 - 7:00am

Senators couldn't reach agreement Tuesday on a way to restore benefits for 1.3 million people who have been out of work for extended periods. With the Senate planning to go on a recess next week, it's looking like any action will be put off.

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Soon To Be Big In Japan, Jim Beam's Roots To Stay In Kentucky

Wed, 01/15/2014 - 2:05am

In a deal worth some $16 billion, the Japanese beverage giant Suntory is buying Beam, the maker of Jim Beam bourbon and the owner of well-known American brands such as Maker's Mark. Industry leaders say it's a reflection of bourbon's exploding popularity in Asian markets, but some are wondering if the new owners will preserve bourbon's Kentucky heritage.

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Minn. Orchestra And Union Musicians End Bitter Lockout

Wed, 01/15/2014 - 12:50am

The Minnesota Orchestra and union musicians ratified a new contract Tuesday, ending a 15-month lockout that saw renowned Finnish maestro Osmo Vanska quit as conductor last fall. The three-year agreement takes effect Feb. 1.

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Long-Term Unemployed Say N.C. Law Is Unfair

Tue, 01/14/2014 - 11:00pm

President Obama heads to Raleigh, N.C., and is expected to call on Congress to try again to extend federal unemployment benefits. Republicans blocked a Senate bill that would have restored the benefits that ended last month for 1.3 million Americans. In North Carolina, a state law has prevented people from getting the benefits since July 1.

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Court: FCC Can't Enforce Net Neutrality

Tue, 01/14/2014 - 11:00pm

The U.S. Court of Appeals for the D.C. Circuit has struck down a provision of the Federal Communications Commission's "Open Internet Rules." That provision allowed the FCC to regulate Internet service providers in much the same way it regulates phone service providers — requiring them to provide unrestricted service to all users.

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Minn. Orchestra And Union Musicians End Extensive Lockout

Tue, 01/14/2014 - 11:00pm

The Minnesota Orchestra hasn't performed in its concert hall in Minneapolis in 488 days. The musicians and orchestra management have been locked in a bitter labor dispute. But on Tuesday, musicians agreed to a new contract ending the longest work stoppage for any symphony orchestra in U.S. history.

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Gamers Asked To Invest In 'Broken Age' Part 2

Tue, 01/14/2014 - 11:00pm

Gamemaker Tim Schafer revolutionized how to fund creative projects in his industry. He used funds from a Kickstarter campaign to raise money for an Internet game, bypassing corporate backing. His success influenced other gamers. And on Tuesday, the people who helped fund his project got to point-and-click their way through his new adventure.

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Battery Problem Reported On Boeing Dreamliner In Japan

Tue, 01/14/2014 - 7:46pm

Reports of white smoke from a battery compartment have temporarily grounded a Boeing 787 Dreamliner in Japan, nearly a year after all the new airliners were grounded due to a problem with batteries overheating. Tuesday's incident happened on an airliner at Tokyo's Narita Airport that had no passengers aboard.

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JPMorgan Says It Will Replace 2 Million Credit Cards, Due To Breach

Tue, 01/14/2014 - 12:38pm

The bank also reported a $5 billion profit, despite a series of costly settlements with the U.S. government.

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Feds Can't Enforce Net Neutrality: What This Means For You

Tue, 01/14/2014 - 11:20am

In a ruling with implications for the future of the Internet, judges say the Federal Communications Commission can't enforce rules that prohibit Internet providers from prioritizing some types of Internet traffic over others.

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Minorities' Savings Accounts Aren't Adding Up For Retirement

Tue, 01/14/2014 - 10:52am

A new report from the National Institute on Retirement Security finds that minorities — Latinos in particular — are in bad shape when it comes to saving for retirement. Host Michel Martin speaks with researcher Nari Rhee about why that's a big problem.

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20 Million DirecTV Customers Just Lost The Weather Channel

Tue, 01/14/2014 - 9:05am

A dispute over how much the weather network can charge couldn't be resolved before a Monday deadline. The two sides are still talking, but they're also pointing fingers at each other. Their stormy relationship has gotten worse.

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Security Experts Say Retail Data Breaches Tougher To Fight

Tue, 01/14/2014 - 2:36am

The recent disclosure that large troves of customer information has been stolen from Target, and now Neiman Marcus, points to growing vulnerabilities in cybersecurity. Analysts and security experts say a more connected consumer and advanced hacking tools have increased the pervasiveness of retail data breaches.

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New York Consumers Frustrated By Insurance Delays

Mon, 01/13/2014 - 11:00pm

New York's health insurance marketplace is working, but some consumers are still having problems with insurers. Empire Blue Cross Blue Shield is the state's largest insurer and the target of a lot of consumer complaints.

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