Originally published on Thu August 8, 2013 9:54 am
There were 333,000 first-time claims for unemployment insurance last week, the Employment and Training Administration says. Claims were up 1.5 percent from the previous week's 328,000 — and basically remained at the lower end of the range where they've stayed for the better part of the last two years.
Originally published on Thu August 8, 2013 5:09 am
JPMorgan Chase revealed on Wednesday that it's facing criminal and civil investigations by the Justice Department. The bank says the investigations focus on sales of subprime mortgage securities in the years preceding the financial crisis.
Earnings season is wrapping up in the car world. And the small American company Tesla is doing better than expected. When the high-end electric automaker released its earnings this week, it handily beat Wall Street expectations. Tesla's stock is up about 300 percent this year.
As NPR's Sonari Glinton reports, the question is, whether the company has enough power to sustain it for the long term.
Sioux Falls, S.D., gains thousands of new residents each year. Leaders point to business opportunities, diversity and quality of life as reasons for its growth. This kind of boom comes with conflict, and Sioux Falls faces challenges to continuing development.
Originally published on Thu August 8, 2013 5:38 am
The cruise ship made famous by the TV show The Love Boat will end up in a scrap heap on the Turkish coast. A ship recycling company in Turkey bought the cruise liner for a little more than $3 million and will strip it for its parts and metal.
On a recent morning, Patty Stonesifer sat cross-legged on the floor of a day care classroom, laughing as pre-schoolers clambered into a fire truck made out of a cardboard carton.
This is a far cry from Stonesifer's old life. She made her fortune in the tech world, where she rose through the ranks at Microsoft to become its highest-ranking female executive.
Later, she became the founding CEO of the Bill and Melinda Gates Foundation — the largest philanthropic organization in the world, with huge, global goals and an endowment of $34 billion when she left in 2008.
Originally published on Fri August 9, 2013 11:44 am
Why buy 1 pound of hamburger meat from a local farmer when you can buy 5 pounds — plus another 20 pounds of stew meat, steaks and roast — for as little as half the price of what it all goes for at the market?