Business News

Subscribe to Business News feed Business News
Find the latest business news with reports on Wall Street, interest rates, banking, companies, and U.S. and world financial markets. Subscribe to the Business Story of the Day podcast.
Updated: 1 hour 58 min ago

CEO Says Sony Pictures 'Did Not Capitulate,' Is Exploring Options

Fri, 12/19/2014 - 5:03pm

Melissa Block talks to Sony Pictures CEO Michael Lynton about the cyber attack against his company and the cancellation of the Christmas Day release of The Interview.

» E-Mail This

Government Sells Last Major Stake In A Bank Post-Financial Crisis

Fri, 12/19/2014 - 3:43pm

The government has sold its stake in Ally Financial, the last major bank that was involved in the TARP bailout program.

» E-Mail This

New Cuba Relationship Could Be A Boon For American Farmers

Fri, 12/19/2014 - 3:32pm

Two-thirds of the food Cubans eat is imported — but the reestablishment of ties with the U.S. could open opportunities for American farmers.

» E-Mail This

Apple Responds To BBC On Conditions At Asian iPhone Suppliers

Fri, 12/19/2014 - 2:23pm

Jeff Williams, the tech giant's vice president for operations, told British-based employees that Apple has done more than any other company to ensure fair and safe working conditions.

» E-Mail This

Instagram Is Now Valued At $35 Billion By Citigroup Analysts

Fri, 12/19/2014 - 1:22pm

Less than three years ago, Facebook purchased Instagram for $1 billion. The photo-sharing service is said to have more than 300 million users.

» E-Mail This

Obama Says Sony Should Not Have Pulled Film Over Threats

Fri, 12/19/2014 - 10:53am

"That's not what America's about," the president said in a news conference, calling the cancellation of The Interview's release a "mistake." The FBI has accused North Korea of being behind the attack.

» E-Mail This

3 Business Best-Sellers Show Inequality Is Now The Hot Topic

Fri, 12/19/2014 - 6:03am

Many business books try to help you get rich quick. But three of 2014's biggest sellers focused on unfairness and inequality. Economists say expect more: Books on inequality are riding a huge wave.

» E-Mail This

When A Hospital Bill Becomes A Decade-Long Pay Cut

Fri, 12/19/2014 - 4:02am

Nonprofit hospitals provide assistance to poor patients in exchange for tax breaks. But some still seize wages of poor patients with unpaid bills — even those who qualify for free or reduced care.

» E-Mail This

Tourism Industry Gears Up For Cuban Travel Ban To Be Lifted

Fri, 12/19/2014 - 4:02am

Obama says normalizing ties with Cuba will eventually mean relaxing rules on travel to Cuba. It may take some time for the new rules to take effect but travel agents are already getting phone calls.

» E-Mail This

U.S. Authorities Investigate, Sony Reels From Computer Hack

Fri, 12/19/2014 - 4:02am

The White House has stopped short of naming North Korea as the aggressor in the cyberattack against Sony Pictures. That hack resulted in the cancellation of the film The Interview.

» E-Mail This

For An Island Trapped In The '50s, An Instant Digital Revolution

Fri, 12/19/2014 - 3:03am

Cuba is one of the least connected countries on Earth, with 5 percent of residents online. But it could become the Caribbean's largest market if the Castros open the nation up to the Internet.

» E-Mail This

When Working In Mixed Groups, Staying P.C. Boosts Productivity

Thu, 12/18/2014 - 6:17pm

Research shows that setting clear guidelines for how women and men interact remove uncertainty and make it easier to exchange ideas. It's unnecessary clutter in single-gender groups, however.

» E-Mail This

Opportunity, Caution Seen For U.S. Banks As Cuba Rules Ease

Thu, 12/18/2014 - 5:08pm

President Obama eased restrictions on Cuba this week, including a relaxation of rules barring U.S. banks from doing business there. But banks are awaiting details and are likely to proceed cautiously.

» E-Mail This

Risky Comedies Could Be In Jeopardy After 'Interview' Is Pulled

Thu, 12/18/2014 - 4:49pm

Audie Cornish talks with John Horn of KPCC's The Frame, about what Sony's decision to cancel The Interview means for Hollywood, freedom of speech and future artistic expression.

» E-Mail This

No Fracking In New York? That's OK With Pennsylvania

Thu, 12/18/2014 - 4:43pm

Environmental groups cheered New York's decision to ban the practice, and some in the industry say when it comes to good-paying jobs, New York's loss is Pennsylvania's gain.

» E-Mail This

What The Change In U.S.-Cuba Relations Might Mean For Food

Thu, 12/18/2014 - 4:06pm

The decision to normalize relations is driving all kinds of speculation about American food companies opening up shop in Cuba. But analysts say: Don't expect to see McDonald's there anytime soon.

» E-Mail This

New Popularity Of L.L. Bean Boots Sparks Scramble To Fill Orders

Thu, 12/18/2014 - 3:50pm

L.L. Bean's iconic rubber and leather boots have swung back into fashion with young people and are more popular than ever. The backlog stands at nearly 100,000 pairs; it will take months to catch up.

» E-Mail This

How Much Will The Hack Cost Sony?

Thu, 12/18/2014 - 3:47pm

It's difficult to know what pulling The Interview from theaters will cost Sony Pictures. Estimates vary widely and Sony hasn't announced whether it will pursue an alternative plan to release the film. At a minimum, though, the $45 million Sony put up to make the move appears to be at risk. And there is an unquantifiable hit to the company's reputation.

» E-Mail This

And The Award For Most Offensive Fund-Raising Video Goes To...

Thu, 12/18/2014 - 2:56pm

If you're a charity that wants to help the developing world, you really, really, really don't want to win a "Rusty Radiator."

» E-Mail This

White House Says Any Response To Sony Attack Needs To Be 'Proportional'

Thu, 12/18/2014 - 1:27pm

The White House won't confirm North Korea is behind the attack, citing an ongoing investigation. Nevertheless, it is mulling over its options.

» E-Mail This

Pages

©2014 WLRH PUBLIC RADIO

Address

WLRH Public Radio
UAH Campus
John Wright Drive
Huntsville, AL 35899

Get Directions

Phone

LOCAL:
(256) 895-9574

TOLL-FREE:
(800) 239-9574