Yahoo Takes Reverse Spin To Boost Investment Image
It sounds like a dance move — the reverse spin. But it's actually a financial engineering maneuver Yahoo is using to make the company more attractive to investors.
Economy
Lobbyists Eye Spending Bill As A Way To Thwart Retirement Regs, Advocates Warn
As lawmakers work to negotiate a government spending bill, the financial industry is lobbying against a rule being crafted by the Labor Department aimed at protecting workers with retirement accounts.
Iowa Chemist Turns Inedible Hedge Balls Into Valuable Cash Crop
Osage oranges, also known as hedge balls or monkey brains, fall from hedge shrubs that line many Iowa farms. They've been a problem because cattle can easily choke on them. But they've become valuable since Todd Johnson, a southern Iowa chemist, started paying $180 per ton — more than what many farmers are getting for their corn this fall. He promises it's not a prank.
The Tipping Point: Most Americans No Longer Are Middle Class
In the post-World War II economy, most Americans lived in middle-income homes. But that has been shifting for decades. Today, middle-income families make up less than 50 percent of all households.
Senate Questions 'Egregious' Price Hikes For Specialty Medicines
Some companies have bought the patents for old drugs, then abruptly upped the prices — from $13 per pill to $750 in one case. Irate senators call it price gouging.
Where In The World Is Satoshi Nakamoto? The Latest In The Bitcoin Saga
Reports in Wired and Gizmodo pull on various threads to say they may have finally unearthed the identity of the secretive bitcoin creator. The man has drawn attention from Australian tax authorities.
Senate Hearings Investigate Rising Price Of Medications
Drug prices are a hot topic in politics. One company raised the price of a $1.50 drug to $750. Drugs to cure hepatitis C routinely cost more than $10,000 — and more for a full course of treatment.
Greensboro Council Approves Economic Incentives and Funding Plan For Performing Arts Center
A new term has officially begun for Greensboro City Council members. They were sworn in during Tuesday night's meeting. Economic development was at the top of their agenda.
The Sticking Point: U.N. Climate Delegates To Debate Financial Measures
NPR's Ari Shapiro talks to Rachel Kyte, special envoy for climate change for the World Bank, who explains the push-pull between rich and poor countries over financing measures to stop climate change.
Illinois Budget Crisis Reveals Cost Of State Fair Butter Sculptures
A budget crisis in Illinois has revealed the cost of the state fair's butter sculptures. Courtney Crowder, a reporter for the Des Moines Register, talks about all that butter sculpture money.