The Nicaraguan congress has granted a Chinese tycoon the exclusive right to develop a multi-billion dollar rival to the Panama Canal. The bill grants the investor 50 years of control over the potential shipping route — pending a study of its viability.
Kevyn Orr will ask unions, retirees and banks to take big losses on debt the city just can't afford to pay. But Orr is walking a fine line trying to convince those parties to accept a bankruptcy-style settlement, without actually going to bankruptcy court — at least, not yet.
A federal ruling against a major movie studio's use of unpaid interns could have a wide impact on uncompensated labor, including internships for college credit. Workers' advocates say many interns are preventing workers who can't afford to work free from entering the labor force.
Peruvian shepherds on guest worker visas tend thousands of sheep in Wyoming, but they only make about half of what agricultural workers elsewhere are paid. Some ranchers say the exemption from minimum wage requirements is necessary; workers' rights advocates say it's exploitation.
Buying a light bulb isn't as simple as it used to be. Now, you can choose a light bulb that will save you money because it uses less power. And, you can pick a bulb that might last longer than you do. Linda Wertheimer talks to Rich Jaroslovsky, technology columnist for Bloomberg News, about the latest light bulb technology.
Waze makes a crowds-sourced traffic app that uses input from drivers. It will complement Google's mapping capability. The deal is seen by many as a defensive move by Google to keep Waze from being acquired by Apple or Facebook.
Tech companies that field National Security Agency data requests are currently barred from sharing those requests publicly. But Google, Microsoft and Facebook all have a financial interest in showing their users that the NSA does not enjoy unfettered access to their data.
In the past three years, Midwestern farmers have seen flooding, then record-setting drought, and now flooding again. "As much as we think we have things cornered and we know what's going to be happening, you just don't know what will happen," a meteorologist says.
At a time when most pregnant women work, there are new efforts to keep companies from unfairly targeting employees because of a pregnancy. Allegations of pregnancy discrimination persist and have even risen in recent years despite a decades-old law against it.