Economy

Economy

The Scandal That Envelops Wells Fargo Keeps Growing

12:21pm September 29, 2016

by Chris Arnold

Wells Fargo CEO John Stumpf goes before the House Financial Services Committee on Thursday to further respond to questions about the misuse of customer accounts. Former employees are suing the bank.

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California Imposes Sweeping Sanctions On Wells Fargo Amid Scandal

8:00pm September 28, 2016

by Merrit Kennedy

California's state treasurer has announced he is suspending major parts of the state's business relationship with Wells Fargo because of a scandal involving unauthorized customer accounts.

Fewer taxis are on the road since Cuba's austerity measures took effect this summer. Medical student Claudia Arango waits at a transfer stop.

Austerity Measures In Cuba Spark Fears Of A Return To Dark Economic Times

7:46pm September 28, 2016

by Carrie Kahn

Since July, authorities have cut work hours, electricity and gas supplies. Those measures have prompted fears of a return to austere economic times. Meanwhile, Venezuela has cut subsidies to Cuba.

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Switzerland and Singapore lead the way in economic competitiveness, according to a global index that finds notable improvements in India and Panama.

We're No. 3: U.S. Infrastructure, Education Faulted In Global Competitiveness Index

6:05pm September 28, 2016

by Bill Chappell

The last time the U.S. ranked No. 1 in a key economic index was 2008. Key issues cited in the 2016 report: America's problems with its infrastructure, health and primary education systems.

NPR's Wei Quan holds a sign prompting people to respond to the #DearWashington social media conversation about what issues the next president should know about this election season.

#DearWashington: Readers Share Personal Concerns This Election

3:58pm September 28, 2016

NPR is asking audiences to share something that they want their leaders in Washington to know about why this election matters to them.

Pangolin, The 'Artichoke With Legs,' Earns Top Trade Protection

3:45pm September 28, 2016

by Rebecca Hersher

World leaders at the Convention on International Trade in Endangered Species agreed to ban all commercial trade in pangolins, small and endangered mammals that also resemble aardvarks.

Economy

Disney Said To Be Considering An Offer To Acquire Twitter

7:53am September 28, 2016

The 10-year-old social media site Twitter has been struggling to attract users and grow its business. Renee Montagne talks to Farhad Manjoo, technology columnist for The New York Times.

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Wells Fargo CEO To Forfeit Tens Of Millions In Stock Awards Amid Scandal

8:55pm September 27, 2016

by Jim Zarroli

Wells Fargo says John Stumpf and the former retail-banking head will forfeit stock awards worth about $60 million combined, after employees opened unauthorized customer accounts to meet company goals.

Researchers at MIT found that many hybrid and battery-operated cars already meet the global emissions goals for 2030.

It May Not Cost You More To Drive Home In A Climate-Friendly Car

4:30pm September 27, 2016

by Rae Ellen Bichell

It has been a common belief that low-emissions vehicles, like hybrids and electric cars, are more expensive than other choices. But researchers at MIT have found otherwise.

The Cardinal Power Station is a coal-fired energy plant in Brilliant, Ohio. The Obama administration's Clean Power Plan requires a 32 percent cut in carbon emissions from power plants by 2030.

Appeals Court Hears Challenge To Obama Power-Plant Emissions Rule

3:14pm September 27, 2016

by Stephanie Joyce

A key piece of the Obama administration's efforts to cut back on carbon emissions faces a test in court on Tuesday. An appeals court is hearing arguments on regulations announced last year.

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