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Updated: 1 hour 32 min ago

Carrier Will Keep 1,000 Jobs, But Trump Faces A Much Tougher Jobs Problem

Thu, 12/01/2016 - 12:57pm

Like President Obama, Trump must deal with the millions of old-school middle-skill jobs, like manufacturing, that just aren't coming back.

Princess Cruises Hit With Largest-Ever Criminal Penalty For 'Deliberate Pollution'

Thu, 12/01/2016 - 11:52am

The Department of Justice says Princess Cruise Lines will pay a $40 million penalty for "deliberate pollution of the seas and intentional acts to cover it up."

UNESCO Deems Belgium's Beer Culture A Treasure Of Humanity

Thu, 12/01/2016 - 11:06am

The agency noted Belgium's beer experts — zythologists — who taste and study complex and often experimental brews. It's one of 16 cultural elements that are being recognized.

In California, Squid Is Big Business. But Good Luck Eating Local Calamari

Thu, 12/01/2016 - 10:42am

While the U.S. has a thriving squid industry, chances are the calamari you are eating made a 12,000-mile round trip before ending up on your dinner plate.

Lab-Grown Diamonds Come Into Their Own

Thu, 12/01/2016 - 9:36am

Commercial labs can now make the large, clear diamonds people prize for engagement rings and other jewelry in as little as 72 hours. How will this change the diamond industry?

Poles Return To A Taste Of Their Soviet Past: Cheap Milk Bars

Thu, 12/01/2016 - 6:00am

Subsidized greasy-spoon diners called milk bars thrived in Poland in the Soviet era. Their numbers have dwindled, but Poles are once again embracing them for cheap comfort food.

GAO Report: Student Loan Forgiveness Will Cost Nearly $200 Billion

Thu, 12/01/2016 - 4:09am

The federal government is set to forgive more than $180 billion in student loan debt over the next few decades. That's according to a report out this week from the Government Accountability Office.

Amid Economic Crisis, Mongolians Risk Their Lives For Do-It-Yourself Mining

Thu, 12/01/2016 - 4:05am

Mining once boomed in Mongolia but as commodity prices fell, the economy tanked and companies went bankrupt. Unemployed men are taking over abandoned coal mines to extract what's left. Some have died.

Trump's Loans From Troubled German Bank Pose Conflict Of Interest

Thu, 12/01/2016 - 4:01am

His new hotel's $200 million renovation was financed by Deutsche Bank. The Justice Department is set to impose a multibillion-dollar fine on the bank. And Trump will oversee the Justice Department.

Grant Tinker, TV Producer And Network Boss, Dies At 90

Thu, 12/01/2016 - 1:41am

Tinker is best known for his work at MTM Enterprises which he founded with then-wife Mary Tyler Moore. As head of NBC, he led the network out of the cellar with hits such as The Cosby Show and Cheers.

Creator Of McDonald's Big Mac Dies At 98

Wed, 11/30/2016 - 5:25pm

Michael "Jim" Delligatti gave the world the famous sandwich. You know: two all-beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame seed bun.

No Internet Connection? No Problem. Netflix Adds Offline Viewing

Wed, 11/30/2016 - 4:09pm

The video streaming giant joins Amazon in offering the option to download videos to mobile devices. It's the latest development in the highly competitive and rapidly changing online streaming market.

Trump's 'Interventionist Approach' To Economic Policy Presents Consequences

Wed, 11/30/2016 - 3:29pm

In light of Trump's deal with Carrier to keep jobs in the U.S., NPR's Ari Shapiro talks to Edward Alden, senior fellow with the Council on Foreign Relations and author of Failure to Adjust: How Americans Got Left Behind in the Global Economy, about the consequences of federal government intervention in the private sector.

Trump Strikes Deal With Carrier To Keep Jobs In U.S.

Wed, 11/30/2016 - 3:29pm

Carrier says it will keep about 1,000 jobs in Indiana instead of shifting production to Mexico. Donald Trump repeatedly singled out Carrier during his campaign and made stopping the move a priority. Now there is great interest in how Trump and Vice President-elect Mike Pence persuaded the company to reverse its decision.

Postelection Stock Market Rise Shocks Prominent Economists

Wed, 11/30/2016 - 3:29pm

Before the election, two prominent economists were predicting that the stock market would fall 12 percent lower if Trump won versus Clinton. But, as it often does, the market surprised everybody and went in the other direction.

Trump Says He Will Leave Business To Fully Focus On Presidency

Wed, 11/30/2016 - 3:29pm

President-elect Trump tweeted Wednesday morning that he is drafting "legal documents...[to] take me completely out of business operations." He said he will hold a press conference in two weeks with his children to explain it. Many ethics experts say he would need to liquidate all of his holdings and sell them to non-family members to avoid conflicts. At this point, his plans are unclear.

Trump's Ties To Deutsche Bank Present Possible Conflict Of Interest

Wed, 11/30/2016 - 3:29pm

NPR's Audie Cornish talks to Jesse Eisinger, a senior reporter for ProPublica covering Wall Street, about Trump's connections to Deutsche Bank.

Not A Hack: U.S. Office Of Government Ethics Tweets At Trump

Wed, 11/30/2016 - 3:24pm

In an odd sequence of events, the federal ethics watchdog praised Trump in a series of snarky tweets for allegedly deciding to divest his businesses — something he hasn't specifically promised.

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