Economy & Business

Business news

A wave of wage increases in cities across the country, as well as at several major businesses, continued on Wednesday.

Ride-hailing service Uber has struck a deal with New York City just a day before the City Council was due to vote on a measure that would cap the number of the service's cars in the city.

Strolling through the annual meeting of the Institute of Food Technologists the other day, I saw several signs offering to solve an urgent problem American bakers face. The signs advertised "egg replacement."

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ROBERT SIEGEL, HOST:

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MELISSA BLOCK, HOST:

The next time you pop a Popsicle in your mouth, think about this: You're enjoying the fruits of an 11-year-old entrepreneur's labor.

Back in 1905, a San Francisco Bay Area kid by the name of Frank Epperson accidentally invented the summertime treat. He had mixed some sugary soda powder with water and left it out overnight. It was a cold night, and the mixture froze. In the morning, Epperson devoured the icy concoction, licking it off the wooden stirrer. He declared it an Epsicle, a portmanteau of icicle and his name, and started selling the treat around his neighborhood.

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STEVE INSKEEP, HOST:

In the famous Disney movie, a carpenter named Geppetto longed to have a son. He carved a puppet of a boy, and, wouldn't you know it, the wooden Pinocchio magically became a real child. Fantasy games are the Pinocchio of sport, for all who play them become Geppettos. Isn't it the dream of every fan to construct his or her own team, as Geppetto wanted to carve out a son?

FCC Chairman Tom Wheeler has circulated an order to his fellow commissioners on the Federal Communications Commission to approve the $48.5 billion merger between AT&T and DirecTV.

In a statement, Wheeler said the move would bring more competition to the broadband marketplace and benefit consumers.

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