Economy & Business

The Two-Way
10:16 am
Wed January 15, 2014

Piracy On High Seas At Lowest Level In 6 Years, Report Says

Troops from the EU Naval Force warship FS Aconit intercepting a group of suspected pirates off Somalia in March 2012. Multinational naval patrols in the area have been partly credited with reducing incidents of piracy.
Danile Costantini Maxppp/Landov

Originally published on Wed January 15, 2014 11:37 am

Piracy at sea has hit a six-year low, thanks largely to a steep drop in attacks by Somali pirates operating in the Indian Ocean, according to a new report by the International Maritime Bureau.

The maritime watchdog says there were 264 strikes against shipping worldwide last year — a drop of 40 percent since attacks peaked in 2011. And there were just 15 attacks off the coast of Somalia; by comparison, that same area saw 75 attacks in 2012 and 237 the year before.

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6:30 am
Wed January 15, 2014

Long-Term Unemployed Say N.C. Law Is Unfair



President Obama today heads to Raleigh, North Carolina to talk about the economy. He is expected to call upon Congress to try again to extend federal unemployment benefits. In Washington yesterday, Republicans in the Senate blocked a bill that would have restored the benefits that ended last month for 1.3 million Americans. But in North Carolina, a state law has prevented people there from getting the benefits since last July. North Carolina Public Radio's Leoneda Inge examines the impact of shortened help.

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4:28 am
Wed January 15, 2014

Minn. Orchestra And Union Musicians End Extensive Lockout

Originally published on Wed January 15, 2014 6:30 am

The Minnesota Orchestra hasn't performed in its concert hall in Minneapolis in 488 days. The musicians and orchestra management have been locked in a bitter labor dispute. But on Tuesday, musicians agreed to a new contract ending the longest work stoppage for any symphony orchestra in U.S. history.

4:27 am
Wed January 15, 2014

Gamers Asked To Invest In 'Broken Age' Part 2

Gamemaker Tim Schafer revolutionized how to fund creative projects in his industry. He used funds from a Kickstarter campaign to raise money for an Internet game, bypassing corporate backing. His success influenced other gamers. And on Tuesday, the people who helped fund his project got to point-and-click their way through his new adventure.

The Two-Way
7:46 pm
Tue January 14, 2014

Battery Problem Reported On Boeing Dreamliner In Japan

A Japan Airlines Boeing 787, like this one seen last July in Boston, was temporarily grounded Tuesday after a mechanic spotted smoke coming from the craft's battery compartment.
Elise Amendola AP

Originally published on Tue February 25, 2014 6:01 pm

Reports of white smoke from a battery compartment have temporarily grounded a Boeing 787 in Japan, nearly a year after all the new airliners were grounded owing to a problem with batteries overheating. Today's incident happened on an airliner at Tokyo's Narita Airport that had no passengers aboard.

It was during a preflight checkout that a mechanic saw smoke emerging from the underside of a Japan Airlines 787, according to Japan's NHK TV News

From the broadcaster:

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