U.S. Markets Tumble To Lowest Levels Since September
U.S. stocks fell on Wednesday in a continuation of a recent rough patch on Wall Street. The Dow Jones and S&P 500 are down by more than 7 percent.
Business
Solar Firms Stop Selling Panels In Nevada To Protest State Rule Change
The latest battle over state subsidies for the solar industry is in Nevada. Regulators ruled against solar companies and they are closing operations in the state and laying off hundreds of employees.
Volkswagen CEO: 'We Didn't Lie' About Emissions
Volkswagen CEO Mattias Mueller, who was in Detroit earlier this week for the auto show, told NPR that the emissions cheating scandal was a technical problem and not an ethical one.
Obama Touts U.S. Economy In His Final State Of The Union
President Obama began his State of the Union Tuesday night with what he called a fact: The United States of America now has the strongest most durable economy in the world, citing 14 million new jobs.
NFL Votes To Move Rams To Los Angeles, With Option For Chargers To Join Them
The NFL will be returning to LA for the first time in two decades. The vote, however, left a third applicant — the Oakland Raiders — out of the deal.
David Bowie Also Left His Mark On Wall Street
He was the first musician to package his future royalties into a bond and sell them to investors.
MetLife Plans To Divest Life Insurance Unit
MetLife says it's planning to break off its part of its U.S. life insurance business because of stiffer federal regulations regarding the amount of capital the company is expected to hold.
In Kentucky, The Coal Habit Is Hard To Break
The coal region of western Kentucky has managed to keep its mining industry alive through changing energy trends of the past few decades. That is, until now.
China Views Untapped Consumer Market As Key To Stimulating Economy
The Chinese are famous savers, putting away large amounts of the money they make. The government sees its untapped, vast consumer market as a way to stimulate growth. But doing so requires some painful tradeoffs between entrenched interests.
Chinese Company Dalian Wanda Buys Legendary Entertainment
Chinese company Dalian Wanda has bought Legendary Entertainment, the film company which made Jurassic Park among many other movies. The move marks one of the largest American cultural acquisitions ever by a Chinese company.