We'll begin NPR's business news with collapsing currencies.
Over the past several months, the focus of financial markets has been the Federal Reserve's plan to phase out or taper some of the extraordinary measures it has taken to stimulate the economy.
Just the idea that the Fed might start dialing back on stimulus spending is rippling through financial markets overseas. For instance, investors who once poured money into emerging markets, like Brazil and India, are suddenly much more cautious.
If you've been to a fancy restaurant, you've probably seen a sommelier — those wine experts who make sure you get the best possible match for your meal. But what if you don't want a chardonnay or pinot? What if you want a nice cold beer?
A new program is working to bring this same level of knowledge to the world of malt and hops by turning out batches of certified beer experts known as Cicerones.
Sportswriter Stefan Fatsis Discusses ESPN's Decision On 'All Things Considered'
ESPN President John Skipper released a statement Friday defending the network's journalistic integrity after it pulled out of an investigation of the NFL.
ESPN had been a partner with PBS's Frontline on a forthcoming series about concussions in the National Football League. A trailer for the two-part investigation says Frontline "investigates what the NFL knew and when they knew it" regarding the lasting effects of head injuries.
Originally published on Fri August 23, 2013 6:28 pm
An agreement has been reached to dismiss a sexual harassment and discrimination suit against Food Network personality Paula Deen and her brother.
The Associated Press reports that a document filed in U.S. District Court in Savannah, Ga., said the parties had reached agreement "without any award or fees to any party."
Lisa Jackson — a former employee of Uncle Bubba's Seafood and Oyster House, a restaurant owned by Deen and her brother, Bubba Hiers — charged that she suffered from sexual harassment and racial discrimination.
Microsoft CEO Steve Ballmer made a surprise announcement today. He'll retire within the year after 13 years at the helm. Microsoft experienced strong growth under Ballmer. But as NPR's Laura Sydell reports, he's been a lightning rod for critics of the company and his announcement immediately drove up Microsoft's stock price.