Economy & Business

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24 hours and over 1,000 miles in the life of a rescue dog

Dec 7, 2017

This story was produced in partnership with Topic, a film, television and digital studio. For more information and to check out pictures of the dogs along the journey, go to Topic.com.

For Joy Harklerode, it started with a call at church. A friend had found something.

“A little week old puppy that was thrown away,” Harklerode said, now cradling the small black ball wrapped in a towel. “In a trash bag with her six siblings.”

Aransas County, Texas, hugs the Gulf of Mexico coastline. It’s a vacation spot with trailers plunked down for long fishing weekends. Rene Cartini and her husband, Bo, have been full-time residents for 10 years. He’s a fishing guide; she manages rental property. Like so many in this part of Texas, their home was wiped out by Hurricane Harvey. While waiting on an answer about temporary housing assistance from the Federal Emergency Management Agency, they made due with what they had.

What The White House Wants In Tax Overhaul

Dec 7, 2017

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(Global Edition) From the BBC World Service … Ten years after the global financial crisis, is China still too exposed to personal debt and risky lending? A new report from the International Monetary Fund has a warning. Then, we hear from Melinda Gates — whose foundation invests in global health — about the role contraceptives play in helping low-income countries transition to high-income ones. Afterwards, we take a ride in one of London’s newest cabs…the iconic black vehicle has gotten a green makeover.  

Lithium-ion batteries are about as good as they can get

Dec 7, 2017

Batteries are far from perfect. It seems like we're always reaching for a power cord to charge our phones or waiting by the power cord, wishing our phones would charge faster. And that's when we're not worried about the batteries in phones exploding and catching fire.

Republicans in Congress are on the verge of fulfilling their longtime dream of eliminating the federal estate tax, and they could do it in a way that is even more generous to heirs than previous repeal efforts.

Bills passed by the Senate and the House recently would reduce or scrap the taxes heirs now pay on estates larger than $5.5 million. And the bills would do so without repealing the so-called "stepped-up basis" provision.

The GOP tax bills in the House and Senate have been portrayed as legislation intended to create a windfall for big business. But the bills have winners and losers by industry sector. We take a look at what industries come out ahead, and we give you context on the Bitcoin boom, the rumored $60 billion sale of Fox's entertainment assets to Disney and why Jerusalem's divided economy is at risk. Plus, the latest installment of “My Economy," where we hear from the publisher of a cultural magazine about southern Louisiana. 

President Donald Trump announced today he is starting the process of moving the United States Embassy in Israel from Tel Aviv to Jerusalem. It’s part of a shift in American policy, acknowledging Jerusalem as the capital of Israel. Most other countries don’t recognize the city as Israel’s capital because it’s disputed territory, and the Palestinians hope to one day use part of the city for a capital of their own state. Those disputes and divisions also mean that Jerusalem’s economy is something of a tale of two cities, with very different opportunities for Israelis and Palestinians.

What some Central Texans think about taxes

Dec 6, 2017

As the Republican tax bill makes its way through reconciliation in the House and Senate, people are talking about what it might mean for them.

That's true in Horseshoe Bay, a community mostly of retirees on Lake LBJ in Central Texas. It’s right on the edge of Burnet and Llano counties, which both voted 75 percent in favor of President Donald Trump.

What if someone gave you bitcoin for your wedding?

Dec 6, 2017

Bitcoin has gained $1,000 in value over the last 24 hours. The current exchange rate as of today's date is somewhere around $13,000 to one bitcoin. The frenzy around the cryptocurrency has many wondering if there is a bitcoin bubble. But what if someone had given you a bitcoin several years ago? Would you have cashed out early or ridden the wave?

High-ranking U.S.-based Volkswagen executive Oliver Schmidt has been sentenced to seven years in prison and ordered to pay a $400,000 fine for his part in a decade-long diesel-emissions cheating scandal.

Rumors of a deal between Walt Disney and 21st Century Fox are getting louder. Multiple sources are reporting that the two entertainment giants are in talks and could strike a $60 billion deal as early as next week. It looks as if Disney would snatch up a good deal of Fox’s empire, including its movie and TV studios. Meanwhile, Fox would keep its news, sports and broadcast network. What would a deal like this mean for Disney?

Click the audio player above to hear the full story. 

What happens when a town loses its only grocery store?

Dec 6, 2017

The former grocery store in the village of Carrollton, Ohio, looks like your typical creepy abandoned building. It’s dark inside. It’s boarded up with moldy wood.

Last January, residents of Carrollton — population 3,135 — showed up to find the doors locked and a sign attached that read, simply, “store closed.” It was the only dedicated grocery store in a county of nearly 28,000 people.

Airlines including American, Delta and Alaska have announced restrictions on so-called smart luggage because the lithium-ion batteries found in many of these suitcases pose a fire risk.

These kinds of bags have proliferated in recent years, including motorized suitcases you can ride and one pitched as an autonomous "robot companion" that follows you around.

There are major differences between the Senate and House versions of the GOP tax plan. And while corporate America writ large appears to be the big winner in both versions, not all corporations are treated equally. Here’s a look at which industries come out on top and which do not.

Click the audio player above to hear the full story. 

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