Business

Wells Fargo Scrutinized For Executive's Retirement Package

7:55am September 16, 2016

The executive oversaw the employees who opened as many as 2 million fake accounts to boost sales figures. David Greene talks to Alan Sklover, an attorney who brokers retirement deals for executives.

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Why Middlemen Are Taking Over The Global Economy

6:47am September 16, 2016

by Stacey Vanek Smith

Sellers on Amazon find their products being resold on eBay without permission for a markup, with middlemen capitalizing on the efficiency of online shopping to make an extra buck.

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Pleasure boats are docked along the Erie Canal in Fairport, N.Y. Some are asking whether the canal is worth subsidizing now that it's no longer a major commercial waterway.

A Piece Of The Past, A Price In The Present: Paying For The Erie Canal

5:19am September 16, 2016

by Hansi Lo Wang

The Erie Canal was once one of the country's most important trade routes. Some are questioning whether this historical relic is still worth the tens of millions of dollars needed to maintain it.

Tour guide Ron Craig points to a photo in Jack Daniel's old office at the whiskey maker's distillery in Lynchburg, Tenn. The photo, taken in the 1890s, shows Jack Daniel (wearing a black-banded white hat and a gray goatee), seated next to an African-Ameri

Jack Daniel's Heralds A Slave's Role In Its Origin Story

7:42pm September 15, 2016

by Blake Farmer

Jack Daniel learned how to make whiskey from a preacher. That's how the story goes. But a new figure is gaining prominence in the brand's corporate history.

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An employee demonstrates Samsung Electronics Co.'s Samsung Pay application on a Galaxy Note 7 smartphone with stylus.

Consumer Product Safety Commission Recalls 1 Million Galaxy Note 7 Phones

6:38pm September 15, 2016

by Eyder Peralta

Chairman Elliot Kaye said consumers should "take advantage of this recall right away" because the phone represents such a "serious fire hazard."

LeBron James Helps Young Entrepreneurs In 'Cleveland Hustles'

6:35pm September 15, 2016

by Darrielle Snipes

Small business entrepreneurs typically get money from family or friends. But an approach taken from the pages of Silicon Valley is being used in Cleveland. A new reality television show called Cleveland Hustles is the idea of basketball superstar LeBron James. The show documents this process as four companies try to create jobs and a business model that can be replicated across the country.

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Economy

Some Employees Sue For Better Deals On 401(k) Options

6:35pm September 15, 2016

by Noel King

Some employees are suing their employers to get better deals on their 401(k) options. It seems like a wonky version of ambulance chasing. But when employees at an investment firm that creates funds got on the trend, it became a chance to understand what makes a raw deal on a 401(k) fee.

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Trump Confident He Can Speed Economic Growth To Rate Not Seen In Years

5:54pm September 15, 2016

by Scott Horsley

The candidate also predicted that his economic plan will deliver up to 25 million new jobs over the next decade, describing it as pro-growth, pro-jobs and pro-family.

Obama Designates 1st Marine National Monument In The Atlantic Ocean

2:09pm September 15, 2016

The Northeast Canyons and Seamounts Marine National Monument off the coast of New England is the size of Connecticut and has been called an "underwater Yellowstone" and "a deep sea Serengeti."

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Does Good Economic News Undermine Political Messages By Trump, Clinton?

12:39pm September 15, 2016

Steve Inskeep talks to economist and syndicated columnist Peter Morici and Jared Bernstein of the Center on Budget and Policy Priorities about record middle-class incomes.

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