Business Story of the Day

Economy

Commissions From Managed-Futures Market Can Wipe Out Profits

11:02am October 11, 2013

Steve Inskeep talks to David Evans about his investigative piece appearing in the November issue of Bloomberg Markets Magazine. The story, "Fleeced by Fees," is about consumers losing profits on their financial investments due to fees and commissions.

Queue Listen Now

Mechanical harvesters cut sugar cane on U.S. Sugar Corp. land in Clewiston, Fla., in 2008, the same year the state struck a deal to buy most of the company's Everglades holdings.

Whatever Happened To The Deal To Save The Everglades?

11:49am October 10, 2013

by Greg Allen

In 2008, Florida announced the largest land sale in the state's history — to buy hundreds of miles of Everglades land owned by U.S. Sugar. But only a small fraction was acquired. Now, environmental groups are lobbying for the deal's revival before a contract giving the state an exclusive option to buy expires.

Queue Listen Now

Yvonne Smith is the director of La Rive Spa at Northern Quest Resort and Casino in Washington state. Across the country, Native American tribes are hoping high-end extras will draw visitors to casinos.

High-End Extras Aren't A Sure Bet For Tribal Casinos

9:53am October 09, 2013

by Jessica Robinson

Native American tribes are giving casinos a makeover, hoping added amenities like spas, golf courses and luxury hotels will attract visitors. Still, these ventures make 80 to 90 percent of their revenue from gambling, and experts say getting people on the gaming floor is key.

Queue Listen Now

Phase 2 Of BP Trial Focuses On Amount Of Spilled Oil

12:48pm October 08, 2013

by Jeff Brady

Both the U.S. government and BP have estimates on just how much oil spilled into the Gulf of Mexico after the Deepwater Horizon explosion in 2010. The problem: They reached two different numbers. At stake is up to $18 billion in fines and penalties under federal environmental laws.

Queue Listen Now

In May, a large piece of the General Motors Building in Manhattan was purchased by a Chinese real estate developer.

Asian Investors Find Hot Market In U.S. Properties

9:51am October 08, 2013

by Jackie Northam

Sales in commercial real estate in the U.S. have soared over the past year. Asian nations, particularly China, are scooping up trophy properties and investing in some large, long-term development projects at a record pace.

Queue Listen Now

The Wright Brothers Flyer lifts off in Kitty Hawk, N.C., on Dec. 17, 1903. Now 110 years later, a thriving aviation industry is looking to fill jobs in high-tech manufacturing.

Wanted: A New Generation Of High-Tech Aviation Workers

10:53am October 07, 2013

by Jeff Tiberii

Millions of U.S. factory jobs have been lost in the past decade. Now, in North Carolina, high school students are being encouraged to think about taking manufacturing jobs. But this isn't the furniture-making or textile labor of generations past — it's a new kind of highly technical work in aviation.

Queue Listen Now

Moroccan Women Have 'Greater Opportunities' In Business

6:25am September 25, 2013

Nezha Hayat is the first woman to serve on the board of directors of a bank in Morocco. She is involved in running the Casablanca Stock Exchange, and she's pushing for more women to play decision-making roles in the country's economy. David Greene talks to Hayat about her experience rising through the ranks of a field dominated by men.

Queue Listen Now

A close view of the packaging of Grand Theft Auto V at the midnight opening at the HMV music store in London on Tuesday. It made history with a record $800 million in sales on its first day. This version continues to generate controversy over its glorific

Female Fans Love New Grand Theft Auto Despite Demeaning Content

2:02pm September 20, 2013

by Laura Sydell

Grand Theft Auto V took in more than $800 million in sales on its first day in stores. The edgy and violent adventure game series isn't just a hit with young men: A significant number of women play, though some of them are disappointed the new release doesn't feature prominent female characters.

Queue Listen Now

Should It Take 2 Or 3 Years To Earn A Law Degree?

4:49am September 18, 2013

by Tovia Smith

President Obama, a Harvard Law grad and former law professor, has suggested that students can learn all they need to take the bar exam in two years. That would save them tens of thousands of dollars. But it would also cost law schools millions of dollars in tuition revenue.

Queue Listen Now

Rice farmers pull a harvest festival cart down country lanes in Narita city, Chiba prefecture. The area is home to Tokyo's main airport, but also has many agricultural areas.

Japan's Rice Farmers See Trade Deal As Threat To Tradition

9:38am September 17, 2013

by Anthony Kuhn

Each summer, the rice farmers of Narita, Japan, gather to pray for bountiful harvests with dancing, music and elaborate festival carts. This year, some farmers feel their way of life is under threat from a major trade agreement.

Queue Listen Now