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Saturday, 23 August 2014
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BUSINESS

Argentina Crisis Puts Focus On Role Of Distressed-Debt Funds
08/22/2014 8:06 PM
Argentina calls them vulture funds, but they have a legal right to demand payment. Still, is that moral when a nation is the debtor and its citizens suffer as a result?
If You're Too Sick To Fly, Airlines Might Not Offer A Refund
08/22/2014 4:39 PM
Airlines have the right to refuse a passenger suspected of having Ebola. But if you're sick with a contagious disease, what are your rights when it comes to canceling and refunds?
Nestle Nudges Its Suppliers To Improve Animal Welfare
08/22/2014 4:30 PM
The world's largest food company is requiring all of its suppliers of dairy, meat, poultry and egg products to comply with tighter animal welfare standards. Animal rights groups applaud the move.
Big Banks To Boost Entry-Level Salaries
08/22/2014 8:56 AM
The raises for junior staff is an attempt to keep up-and-coming talent from heading to private equity firms or to Silicon Valley, Bloomberg News reports.
Job Corps Celebrates 50 Years Helping Low-Income Youths
08/22/2014 8:56 AM
The federal program has centers across the country that provide education and vocational training. Kelly McEvers talks to Labor Secretary Thomas Perez about how Job Corps serves disadvantaged youths.
Retailer Gap Plans To Open Stores In India
08/22/2014 8:56 AM
The company will open its first stores in Mumbai and Delhi. The plan is for 40 franchise locations throughout the country.
When It Comes To Economic Recovery, Location Is A Factor
08/22/2014 8:56 AM
Census Bureau data show a wider gap between rich and poor. Kelly McEvers explores this with economist Enrico Moretti of the University of California-Berkeley, author of The New Geography of Jobs.
Bank Of America Settles With Feds And States For Record Amount
08/21/2014 8:10 PM
In the latest fallout from misdeeds leading up to the financial crisis, Bank of America has agreed to a record $16.65 billion deal with federal and state governments. The deal helps the bank avoid prosecution for the fraudulent sale of toxic mortgage-backed securities to investors.
How To Sell Diverse Books: A Bookstore Owner's Advice
08/21/2014 8:03 PM
It's not news that the publishing world isn't very diverse. But over on the other side of the industry, how do owners of neighborhood bookstores try to sell books for or about people of color?
Bank Of America Settles Mortgage Case For $16.65 Billion
08/21/2014 5:07 PM
The bank agreed to pay a record amount to the U.S. government to avoid prosecution for its fraudulent sale of toxic mortgage-backed securities to investors in the lead-up to the financial crisis.
Bank Of America Reaches Record Settlement Over Mortgage Meltdown
08/21/2014 2:24 PM
The nation's second-largest bank has agreed to pay $17 billion to settle allegations that it misled investors into buying toxic mortgage-backed securities.
Why Restaurant And Hotel Workers May Soon Get A Raise
08/21/2014 2:09 PM
Restaurants and hotels are posting new job openings faster than they can fill them. This is a promising sign for the economy.
Financial Players Gather In Jackson Hole For Annual Conference
08/21/2014 9:07 AM
David Greene talks to David Wessel of the Brookings Institution about the symposium. The Federal Reserve Bank of Kansas City hosts central bankers and economists to talk about economic policy.
Fed Officials Debate Timing Of Interest Rate Hike
08/21/2014 9:07 AM
Minutes of the Federal Reserve's most recent meeting show that a number of officials believe the benchmark rate should rise sooner than is currently expected.
'Awesome Mix' Is No. 1 On Billboard 200 Album Chart
08/21/2014 9:07 AM
The soundtrack for Marvel's blockbuster space opera Guardians of the Galaxy is No. 1 for the second week in a row. Nielsen SoundScan reports the compilation sold 93,000 copies last week.

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