Business

Leaders take part in the G-8 summit in Northern Ireland on Tuesday. Their discussions included tax-avoidance issues.

G-8 Nations Pledge To Crack Down On Corporate Tax Evaders

10:18pm June 19, 2013

by Jim Zarroli

This week's meeting of the Group of Eight industrialized countries concluded with a pledge to end the use of tax shelters by multinational corporations. But there are still big questions about how they will make a dent in the problem.

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A woman tries on a jacket at a Zara store in Madrid. Zara's parent company, Inditex, was among Spanish companies to sign fire and building safety agreements for their factories in Bangladesh following a deadly factory collapse in April, though Inditex was

Fashion's Victims: An Artist's Focus On Garment Workers

2:35pm June 19, 2013

by Lauren Frayer

More than 1,000 people were killed in the factory collapse in Bangladesh in April. Spanish companies were among those whose clothes were made at the facility. But there's a clash between the allure of low-cost fast fashion and consumer awareness of working conditions. A Spanish artist is doing her bit: She's drawing attention to workers' plight.

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A worker installs parts on a Chrysler SUV engine at the Jefferson North Assembly Plant in Detroit. Plants in the U.S. are now operating above 90 percent capacity, but automakers are wary of adding large numbers of new workers.

U.S. Automakers Are On A Roll, But Hiring Is Slow And Steady

9:40am June 19, 2013

by Sonari Glinton

Profits for the nation's carmakers are on the rise, but after years of doing more with less, higher profits are unlikely to translate into significant numbers of new jobs. There are eight fewer plants and hundreds of thousands fewer workers in the industry than before the Great Recession.

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TV, Movie Streaming Services Want To Grow With Kids

9:40am June 19, 2013

Twenty percent of Netflix's streaming is made up of content for kids. Amazon just ordered a bunch of pilots of kids' shows. TV critic Eric Deggans says subscription streaming services are going to lean on parents' desire for control of what their kids watch as they build their audiences.

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Disney World Raises Entrance Price For Magic Kingdom

9:40am June 19, 2013

by Matthew Peddie

Disney is trying something new. It's charging a higher admission price for the Magic Kingdom than its other theme parks in Orlando. A one-day pass to the Magic Kingdom now costs $95 — compared to $90 for Epcot, Animal Kingdom or Hollywood Studios.

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Enrique Lima is a co-founder of Publish 88, a Mexican startup that develops software for publishing companies.

World News

Mexico's Tech Startups Look To Overcome Barriers To Growth

6:18pm June 18, 2013

by Mónica Ortiz Uribe

In the past decade, Mexico's tech industry has flourished, growing three times faster than the global average. Most of that growth has been fueled by demand from the United States. But as Mexico's startups strive to make it in foreign markets, they say they need more engineers and ways to finance their growth.

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Thousands of students from around the world flock to courses near Bologna, in central Italy, at the headquarters of Carpigiani, the leading global manufacturer of gelato-making machines.

World News

Italian University Spreads The 'Gelato Gospel'

4:12pm June 18, 2013

by Sylvia Poggioli

Among the many culinary treats Italy has given the world is gelato, a frozen dessert with roots in ancient Mesopotamia. Gelato lovers from all over the world are flocking to a university outside Bologna, Italy, to master the art of gelato-making. Here's a free lesson: Don't call it ice cream.

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Clearly, he's as surprised by the allegations as the rest of us.

Economy

Dirty Spuds? Alleged Potato Cartel Accused Of Price Fixing

4:09pm June 18, 2013

by Maria Godoy

A civil lawsuit that shifted into U.S. district court in Idaho last week alleges that the United Potato Growers of America has become a veritable OPEC of spuds. The group is accused of using high-tech, strong-arm tactics to inflate potato prices.

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Teen Prefers Jail To Home Detention

1:52pm June 18, 2013

Authorities in New Zealand have been locking up some criminals in their homes rather than jail. A local newspaper reports one young man, after serving 10 months of his 11 month sentence, called the police to say he's "sick of playing Xbox games." And if they didn't pick him up, he would violate his detention.

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European Aviation Firms Spotlighted At Paris Air Show

1:52pm June 18, 2013

by Eleanor Beardsley

The world's premier commercial and military aviation and space trade fair is underway. The Paris Air Show is celebrating its 50th anniversary this year. The competition between European and U.S. plane makers Airbus and Boeing is a staple of the show.

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