Economy

Economy

The Pains And Salvation Of Chapter 11 Bankruptcy

2:24pm September 10, 2015

by Stacey Vanek Smith

To business owners the word bankruptcy can mean failure. We visit a retailer in Charlotte, N.C., which tried to avoid the big failure. But bankruptcy might be the secret weapon of the U.S. economy.

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Time Versus Debt: Why These Students Chose Community College

9:13am September 10, 2015

by Robert Siegel

How do families decide what kind of college to attend: Private? Public? Community college? Three college students explain why they went for the local community college: Montgomery College.

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Surfing Brand Quiksilver Files For Chapter 11 Protection

7:16am September 10, 2015

by Bill Chappell

The maker of sporting apparel and gear announced that it had entered into a plan to reduce its debt by more than $500 million.

Puerto Rico's Governor Announces Plan To Reduce $72 Billion Debt

6:58pm September 09, 2015

by Greg Allen

Puerto Rico's governor has announced a plan to reduce the island's $72 billion debt and restore fiscal stability through cutting spending and increasing tax collections. But it also depends on help from Washington, D.C., and renegotiating debt terms with lenders. Unless there's action, Puerto Rico says it will run out of cash by June.

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Jeb Bush is getting specific about how he plans to grow the economy as president.

Everything You Wanted To Know About Jeb Bush's Tax Plan

6:17pm September 09, 2015

by Danielle Kurtzleben

Bush's tax plan tries to lower tax rates for some of the rich and for corporations, but also sticks it to hedge-fund managers and gives some relief to low-income earners.

President Obama meets with student finalists of the Intel Science Talent Search 2011 competition in the East Room of the White House.

Intel Ending Sponsorship Of Prestigious Science Contest For High School Students

2:49pm September 09, 2015

by Brakkton Booker

Intel has been the corporate sponsor of the Science Talent Search since 1998. This year the company gave out more than $1 million in prize money.

Economy

New Season, But Same Problems For Liberty Street Market

10:06am September 09, 2015

Winston-Salem's Liberty Street Market is nearing its first anniversary, and city officials are hoping the second year won't be as rough as the first.

United Airlines CEO Jeff Smisek Resigns Amid Federal Investigation

8:28pm September 08, 2015

by David Schaper

The CEO and two other high ranking officials at United Airlines resigned Tuesday in the midst of an internal and federal investigation.

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Inmates Ted Stancil (from left), Steven Bass and Christopher Peeples, with their welding Instructor Jeremy Worley (standing in center) at Walker State Prison in Georgia. The inmates are working toward a welding certificate.

Amid A Shortage Of Welders, Some Prisons Offer Training

3:22pm September 08, 2015

by Susanna Capelouto

Baby boomers with the skill are retiring and not enough young people are replacing them. In Georgia, inmates are given access to heavy tools and blowtorches so they can get a welding certificate.

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Economy

Jobs Report Says Technology Is Changing The Workforce Landscape

12:03pm September 08, 2015

by Neal Charnoff

The North Carolina Justice Center has released its annual Labor Day employment analysis, renewing the debate about the quality vs. quantity of jobs being created.