(Jim Watson / AFP/Getty Images)
Democrats and Republicans in the U.S. can't agree on what's behind the eurozone's troubles. Now it looks like the Europeans may try the approach President Obama has advocated: a commitment to long-term fiscal discipline while pursuing growth in the short term.
(John W. Poole / NPR)
A massive mine in the middle of the Gobi is providing opportunities to thousands of young Mongolians, drawing talent from other fields such as tourism. But some complain that foreigners earn more than locals, and those who can't find mining work are striking out on their own as illegal prospectors.
(POM Wonderful)
A federal judge says POM Wonderful violated the law by making claims that led people to believe the juice could treat, prevent or reduce the risk of certain diseases. But the company is claiming victory because it will not have to clear its future marketing plans with the FDA.
(Steven Senne / AP)
After helping the Boston Red Sox win the World Series, pitcher Curt Schilling could do no wrong. Then news broke that his video game company had chewed through a $75 million state loan that it's struggling to pay off. Now, Rhode Island officials are moving to protect taxpayers from what appears to have been a very bad investment.
Robert Siegel talks to Andy Pasztor, aerospace reporter for the Wall Street Journal, about the business model for SpaceX.
Facebook shares fell again on Tuesday — dropping almost 9 percent after falling 11 percent on Monday. It makes Facebook's initial public offering one of the worst performing IPOs of the past five years.
A company called SpaceX has put an unmanned capsule into orbit, on the first-ever commercial mission to deliver cargo to the international space station. If successful, the mission will be a key step towards NASA's goal of privatizing space travel to the orbiting outpost.
(iStockphoto.com)
Over the past decade, employee background checks have become a billion-dollar business. Some lawmakers think companies that want to know not just about criminal backgrounds but social media passwords have gone too far.
(Emmanuel Dunand / AFP/Getty Images)
Put your financial acumen to the test. Where should the stock, which has been on a slide since it debuted on Friday, land?
"Celebrate" was recorded for the upcoming film Sparkle. The duet by Whitney Houston and Jordan Sparks debuted on Ryan Seacrest's radio show.
A mass tax revolt is under way in Ireland, and hundreds of thousands of people have resolved to break the law and refuse to pay a newly-introduced levy on households. The tax is $125 a year, but protesters say it could lead to larger property taxes in the future.
Analysts expect this fall's election to turn on the economy. President of the American Enterprise Institute Arthur C. Brooks wants to deepen the debate on the economy by discussing which economic policies are morally right. Brooks talks to Steve Inskeep about his book, The Road to Freedom: How to Win the Fight for Free Enterprise.
(Manu Fernandez / AP)
As an austerity move, Spain is considering rearranging its holiday schedule. Holidays that fall on a Tuesday or Thursday tend to become four-day weekends. But now there's a move to mark them on Monday, and limit the weekend to three days.
(John Poole / NPR)
Mongolia is now tapping huge natural resources. But they're in the Gobi region, where traditional nomadic herding is under assault and desertification is a major problem. Herders are worried the mines will siphon off already dwindling water supplies, while trucks and roads destroy pastureland.
(Kainaz Amaria / NPR)
Depressed home prices make the decision to move an aging relative even more difficult than normal. So what should be done with the house? Try selling in a depressed market? Or rent it until prices perk up? One family weighs a tough choice as it struggles to pay for a grandmother's care.
The Obama campaign continues its attack on Mitt Romney's time at the private-equity firm Bain Capital. Over the weekend, Newark, New Jersey, Mayor Cory Booker seemed to veer off the campaign's message. Later, Booker tempered his remarks in a YouTube video. But it didn't take long for the Romney campaign to seize on Booker's comments.
The insider trading trial of Rajat Gupta is underway in New York. Gupta is a former Goldman Sachs board member, who prosecutors say provided inside information to hedge fund manager Raj Rajaratnam. Gupta's lawyer told the jury that the case against his client was based on guesswork and speculation.
China's Dalian Wanda Group and AMC Entertainment announced a deal on Monday for Wanda to take over the U.S.-based AMC theater group. The companies say it would be the world's largest cinema chain. It's the latest in a string of deals between Hollywood and Chinese companies.
The Securities and Exchange Commission (SEC) — once accused by a whistle blower of not being able to find ice cream at a Dairy Queen — is experiencing something of a culture shift. Last year the agency filed a record 735 enforcement actions and collected nearly a billion dollars in penalties from companies with SEC violations. Audie Cornish talks to Devin Leonard, staff writer for Bloomberg Businessweek, about his article, "The SEC: Outmanned, Outgunned, and On a Roll."
BOSTON — The Massachusetts gaming commissioner says the state isn’t necessarily destined for three casinos and a slots parlor, and a Massachusetts economist says the state is not being realistic in thinking that it can support three major resort casinos.
Along with continuing rising sales, the median price for a single-family home in Massachusetts increased in April, reversing a months-long dip.
Houghton Mifflin Harcourt Publishing has filed for bankruptcy protection, but this might not be bad news.
BOSTON — A new report by the Mass Bar Association says fundamental failings in how law schools educate their students have contributed to high rates of unemployment among recent law school graduates.
Beset by the Great Recession, most Massachusetts counties saw their poverty rates increase slightly from 2007 to 2010.
BOSTON — The filing was expected after the publisher reached an agreement with 70 percent of senior creditors to eliminate more than $3 billion in debt.
BOSTON — For the first time, researchers say they have now found a connection between income inequality and the teen birth rate. Despite declining in recent years, it is still the highest among developed countries.
PROVIDENCE, R.I. — Curt Schilling’s video game company has made a $1.1 million payment to the state and now should seek out private financing to stay afloat, Rhode Island Gov. Lincoln Chafee said.
A Harvard University economics professor is one of two nominees who will join the Federal Reserve Board of Governors, following Senate confirmation.
TAUNTON, Mass. — The Mashpee Wampanoag tribe would make approximately $33 million in upfront payments to Taunton as part of a deal reached with the city’s mayor to allow the tribe to build a resort casino in the southeastern Massachusetts community.
BOSTON — The head of the Rhode Island agency that handed out a $75 million loan guarantee to Curt Schilling’s now-financially troubled company has resigned.
The Massachusetts economy added 2,500 jobs last month, and the state’s unemployment rate dropped to 6.3 percent.
BOSTON — Schilling met with the board of Rhode Island’s Economic Development Corporation Wednesday to discuss his company’s money problems after failing to make a $1 million loan payment to the state.
Home foreclosures continue to rise across Massachusetts, even as they fall nationally.
PROVIDENCE, R.I. — Former Red Sox pitcher Curt Schilling asked Rhode Island for additional help to save his video game company Wednesday, prompting state leaders to consider whether the firm is viable enough to justify further investment.
BOSTON — House Speaker Robert DeLeo has penned an open letter to Facebook founder Mark Zuckerberg.
BOSTON — Independent Boston rock station WFNX-FM may soon have a new owner.
BOSTON — The Fall River center aims to help pharmaceutical startups test their production at small scale.
BOSTON — The former Red Sox pitcher moved 38 Studios to Providence from Massachusetts in 2010 after Rhode Island offered the company a $75 million loan guarantee.
