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Updated: 9 min 58 sec ago

Bankruptcy Protection May Be Sears Last Chance For Survival

Mon, 10/15/2018 - 6:27am

Once a dominant retail chain, Sears has filed for Chapter 11 bankruptcy protection. The company has been struggling for several years, drowning in debt.

Kentucky Bourbon's Global Sales Outpace Domestic Sales

Mon, 10/15/2018 - 4:04am

Steve Inskeep talks to Eric Gregory, president of the Kentucky Distillers' Association, about the impact of free trade agreements on Kentucky bourbon.

Blue And Red Companies: How CEO Activism Is Reshaping Workforce Politics

Mon, 10/15/2018 - 4:04am

More workers are demanding their leaders take stands on hot-button issues, and some CEOs don't shy away from the controversy. But they also must navigate the risks and benefits for their workforce.

(Image credit: Scott Dalton/Invision/AP)

Sears, Drowning In Red Ink, Finally Files For Chapter 11 Bankruptcy

Mon, 10/15/2018 - 3:23am

The filling could mark the end of the struggling retailer, which invented the mail-order catalog business and has been an American institution since 1887.

(Image credit: Scott Olson/Getty Images)

Michael Will Cost Insurers Billions, But Won't Overwhelm Industry, Analysts Say

Sun, 10/14/2018 - 6:15pm

The storm's costs to insurers will be substantial, Fitch Ratings says, but companies should be able to absorb the losses. Still, communities will be coping with the financial fallout for a long time.

(Image credit: Andrew Caballero-Reynolds/AFP/Getty Images)

The Legacy Of Sears: From American Staple To The Brink Of Bankruptcy

Sun, 10/14/2018 - 7:00am

NPR's Lulu Garcia-Navarro talks with self-proclaimed Sears scholar and historian Jerry Hancock about the company's national impact and business struggles.

Sommelier Cheating Scandal Leaves Bitter Taste In The Wine World

Fri, 10/12/2018 - 10:43pm

Someone apparently revealed secrets about the test for aspiring Master Sommeliers. Organizers can't tell who got the unfair edge, so they dumped results for 23 applicants.

Former Federal Reserve Board Governor Weighs In On Trump's Attacks

Fri, 10/12/2018 - 4:55pm

NPR's Ailsa Chang talks with former Federal Reserve Board Governor Donald Kohn about the President Trump's attacks on the Federal Reserve.

The Economics of Apologies

Fri, 10/12/2018 - 3:44pm

Turns out nothing says 'I'm sorry' like cold, hard cash

(Image credit: NPR)

The Trump Administration's Tariffs On China Are Not Having The Desired Effect So Far

Fri, 10/12/2018 - 3:38pm

China's trade surplus with the U.S. was up in September to a new high of $34.1 billion. Tariffs imposed by the Trump administration are not having the desired effect, at least not so far.

Puma Hits The Court In An Attempt To Get Back Into The Basketball Business

Fri, 10/12/2018 - 3:38pm

Puma is getting back into the basketball sneaker business after 20 years. The brand has signed a mix of NBA rookies, established players and Skylar Diggins-Smith of the WNBA.

The Cost Of Corn Is Down, So Why Did The Cost Of Fritos At The White House Go Up?

Fri, 10/12/2018 - 3:38pm

NPR's daily economics podcast, The Indicator, sets out to solve a market mystery: why has the price of Fritos gone up in the White House press corps vending machine, despite a decrease in the cost of corn?

Saudi Economic Summit Suffers Exodus Of Guests After Journalist's Disappearance

Fri, 10/12/2018 - 3:33pm

Dubbed "Davos in the Desert," the Future Investment Initiative is set to host dozens of the world's business leaders. But many are pulling out to protest Jamal Khashoggi's suspected murder.

(Image credit: Fayez Nureldine/AFP/Getty Images)

Toys R Us Explores A Possible Comeback

Fri, 10/12/2018 - 4:00am

Less than a year ago, Toys R Us fired more than 30,000 workers and closed all its stores. The owners are eyeing a relaunch despite obstacles. Workers who never received severance payments are furious.

Congress Really Can Demand, And Get, Trump's Tax Returns. Here's How.

Thu, 10/11/2018 - 5:27pm

Three House and Senate committees have "the unqualified right" to request taxpayers' returns from the IRS. There's no provision exempting the president.

(Image credit: Mandel Ngan/AFP/Getty Images)

US Stock Markets Regain Footing After Plunge

Thu, 10/11/2018 - 12:19pm

U.S. stocks indexes headed moderately lower again, after a global sell-off overnight triggered by a plunge in U.S. stocks Wednesday. The decline was led by a sell-off among the biggest tech stocks.

(Image credit: Richard Drew/AP)

Stocks Plunge On Worries Over Trade, Rising Interest Rates

Thu, 10/11/2018 - 4:08am

Stocks had their worst day since February with the Dow Jones Industrial Average losing more than 3.1 percent of its value. Investors confront rising interest rates and the trade fight with China.

News Brief: Hurricane Michael, Stock Prices, Missing Journalist

Thu, 10/11/2018 - 4:08am

Florida Panhandle residents will evaluate the destruction left behind by Michael. Wednesday's drop in the Dow rattled foreign markets. Saudi officials deny involvement in journalist's disappearance.

Do You Have The Credit Card Game All Figured Out? Tell Us About It

Wed, 10/10/2018 - 5:20pm

NPR is doing stories about credit cards and how to manage them smartly — without getting in over your head — while taking advantage of the best rewards programs. We want to hear your strategies.

A Look At Why Stocks Plunged On Wall Street

Wed, 10/10/2018 - 5:18pm

Stocks plunged on Wednesday. The Dow Jones Industrial Average fell more than 800 points, about 3.1 percent. The Nasdaq composite was down more than 4 percent at the close.

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