Economy
All Things Considered

Burt Shavitz, Face Of Burt's Bees, Dies At 80

Burt Shavitz, the eccentric co-founder of Burt's Bees skin care products, has died at age 80. His bearded face is on your lip balm.

All Things Considered

Hacking Team Breach Reveals Firm Sold Spying Tools To Repressive Regimes

What happens when one of the most notorious hacking companies gets hacked? That's the situation unfolding for one Italian company, which sells surveillance software to governments across the globe.

All Things Considered

Major U.S. Airlines Push Back Against Expansion Of Gulf Carriers

The three major U.S. airlines — American, United and Delta — are pressuring the government to stifle competition by carriers from the Persian Gulf.

Burt Shavitz, Namesake And Co-Founder Of Burt's Bees, Dies

Shavitz was "a wild-bearded and free-spirited Maine man, a beekeeper, a wisecracker," the company writes. He was 80.

Industry Payments To Nurses Go Unreported In Federal Database

The latest data on drug and device company payments to health professionals largely exclude nurse practitioners and physician assistants, even though they play an increasing role in patient care.

Latest On Greek Crisis: Finance Minister Resigns, As EU Leaders Meet

Finance Minister Yanis Varoufakis said his resignation could help the prime minister negotiate a better deal with the EU. However, he said, he will wear the "loathing" of Greek creditors "with pride."

Morning Edition

CME Futures Pits To Close. 'It Was A Great Run,' Traders Say

After 167 years, the Chicago Mercantile Exchange is expected to close the Futures Pits at the Chicago Board of Trade on Monday. In this StoryCorps, we hear from two longtime traders.

Morning Edition

With Bailout Referendum Rejected, What Happens To Greece Now?

Greeks ignored creditors' warning and said "no" to more austerity in Sunday's bailout referendum. Renee Montagne talks to Gabriele Steinhauser of The Wall Street Journal.

Morning Edition

Greek Voters Give Bailout Referendum A Thumbs-Down

Sixty-one percent of Greek voters said "no" to the referendum that included tough austerity measures for Athens, in exchange for a continued line of credit to keep paying the government's obligations.

China Takes Steps To Halt Plunge In Stock Markets

The main Shanghai stock index has dropped 30 percent since mid-June, triggering margin calls that have fueled further selling.

Aetna Acquires Humana As Other Health Insurers Look to Merge

July 6, 2015
Aetna Inc., the nation's third largest insurer, headquartered in Hartford, Conn., bought its rival Humana for $37 billion. (Jessica Hill/AP Photo)

Aetna, the fourth largest insurer in the U.S., bought its rival Humana for $37 billion. What does the merger mean for consumers?

After Greek Vote, Markets Wake Up Jittery

July 6, 2015
Brokers chat at the Madrid stock exchange a day after Greeks voted in a referendum to reject the European Union's latest Bailout terms. (Denis Doyle/Getty Images)

Stocks fell in Europe, and oil and commodities are also off as markets around the world are responding to the Greek vote.

After The Vote Against Austerity, What’s Next For Greece?

July 6, 2015
Greek and E.U. flags flutter in front of the prime minister's office in Athens during his meeting with top ministers on May 13, 2015. (Louisa Gouliamaki/AFP/Getty Images)

After Sunday’s overwhelming vote against austerity, Greece’s future in Europe is in question.

Political Rhetoric Soars Across Europe After Greek Vote

July 6, 2015
The European Union flag flies over the Reichstag in Berlin on July 6th -- the day after a majority of people voted "no" in the Greek bailout referendum. (Sean Gallup/Getty Images)

Sunday’s “No” vote in the Greek referendum has significant political implications both in Europe and across the globe.

After Celebrations, Back to Reality in Greece

July 6, 2015
GREECE-REFERENDUM-DEBT-EU

Today, the country faces the same reality of closed banks and cash shortages.

No Agreement Yet On Massachusetts State Budget

July 6, 2015

Democratic leaders in the Massachusetts House and Senate say negotiators from both chambers are making progress hammering out a compromise state budget for the fiscal year that started last week.

‘The First To Leave East Boston Are Us': Rising Rents Are Pushing Some Residents Out

July 6, 2015
“I am afraid that the character of East Boston is going to be lost,” Diana Morell, a manager at the swanky martini bar Ecco, said of new development in the neighborhood. (Jesse Costa/WBUR)

As rising home values and rents are forcing many people to move elsewhere, some fear East Boston’s immigrant character is beginning to change.

With Massachusetts Officially In The Casino Game, Now What?

July 5, 2015
A view of Plainridge Park Casino, the state's lone slots parlor, which opened in June. (Jesse Costa/WBUR)

A snapshot of Massachusetts’ gambling landscape as gambling revenues from the state’s first slots parlor begins to flow in.

How China’s Stock Plunge Is (And Isn’t) Like The 2008 Financial Crisis

July 3, 2015
An investor walks past a share prices board at a security firm in Hangzhou, eastern China's Zhejiang province on June 30, 2015. (STR/AFP/Getty Images)

Some experts say it’s the inevitable bursting of the Chinese economic bubble, but officials in China suspect foreign manipulation.

Greece Faces Pivotal Choice In Sunday Referendum

July 3, 2015
Pro-Euro protesters take part in a rally in front of the Parliament on June 22. 2015 in Athens, Greece. Thousands of people attended the rally in support of Greece remaining in the European Union. Greek banks are closed for six days amid the uncertainty about the bailout deal. (Milos Bicanski/Getty Images)

Greek Prime Minister Alexis Tsipras is calling on voters to reject a proposed bailout when they head to the polls on Sunday.

U.S. Economy Adds 223,000 Jobs In June, But Wages Were Flat

July 2, 2015
A "now hiring'' sign is seen in a storefront window on July 5, 2012 in Miami Beach, Florida. (Joe Raedle/Getty Images)

Unemployment dropped to 5.3 percent, but while the overall report was positive, there were some cloudy signs.

Greece In Turmoil Ahead Of Sunday’s Vote

July 2, 2015
Pensioners line up outside a National Bank branch on July 2, 2015 in Athens, Greece. As people continue to queue outside banks Greek finance minister Yanis Varoufakis said that he will quit if voters don't back him up in Sunday's referendum. (Milos Bicanski/Getty Images)

As the anti-austerity prime minister urges Greeks to reject proposals made by creditors, we ask a gallery owner how she will vote.

U.S. Employers Add 223K Jobs; Jobless Rate Falls To 5.3 Percent

July 2, 2015

U.S. employers added a solid 223,000 jobs in June, and the unemployment rate fell to 5.3 percent, a seven-year low. The numbers reflect a job market moving close to full health.

Why One Greek Business Owner Is Voting Yes In Sunday’s Referendum

July 1, 2015
Greek Prime Minister Alexis Tsipras talks to the media as he leaves after he participated in a bilateral meeting with European Commission President Jean-Claude Juncker on the sidelines of the EU meetings in Brussels on Thursday, June 11, 2015. (Geert Vanden Wijngaert/AP)

As the prime minister urges Greeks to vote no in the referendum, restaurant owner Nikolalos Voglis explains why he will vote yes.

Puerto Rico’s Debt Crisis: Who’s To Blame And What Can Be Done?

July 1, 2015
The Puerto Rico Capitol is pictured in San Juan. (jbash/Flickr)

Anne Krueger, a former official with the World Bank and the International Monetary Fund, shares the findings of her new report.

The Pope Is Right On Climate Change. As For His Economics …

July 1, 2015
Copies of Pope Francis' encyclical "Laudato Si," are displayed prior to the start of a press conference, at the Vatican, Thursday, June 18, 2015. Pope Francis called for a bold cultural revolution to correct what he calls the "structurally perverse" economic system of the rich exploiting the poor that is turning Earth into an "immense pile of filth."(Andrew Medichini/AP)

The encyclical scanted a key point: while market forces contribute to the problem, they are unavoidably a vital tool in fixing it.

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