Business

Health & Safety

News Brief: Flynn Faces Sentencing, Moonves' Severance, Toxic Mine Dust

5:49am December 18, 2018

Ex-national security adviser Michael Flynn is sentenced Tuesday. CBS denies ex-CEO Les Moonves $120 million in severance. And, regulators failed to stop an epidemic killing thousands of coal miners.

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Google Will Spend $1 Billion To Build New Campus In New York City

1:39am December 18, 2018

by Jasmine Garsd

Google is expanding its footprint in New York City, pledging to add jobs and spend $1 billion on a new campus. It's the latest example of a Silicon Valley giant branching out in an influential city.

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The "Medicaid Drug Decisions Transparency Act" would require pharmaceutical companies to disclose their payments to pharmacists and others who serve on state Medicaid drug boards — the advisory groups that decide which drugs Medicaid will and won't cove

Sen. Cory Booker Calls For More Transparency In Medicaid Drug Decisions

8:47pm December 17, 2018

by Liz Whyte

Booker is introducing a bill this week in response to an investigation by the Center for Public Interest and NPR. He calls drug firms' infiltration into Medicaid's decision process "nefarious."

Economy

Lowlights Of The Year

4:13pm December 17, 2018

We commemorate some of the darkest and funniest business and economic blackspots of the year.

Google says it will lease office space at three spots in the West Village to create a new campus for thousands of workers in New York City. Here, a pedestrian passes by 345 Hudson Street, one of the buildings Google will be using.

Google Will Spend $1 Billion For New York City Campus On Hudson River

4:07pm December 17, 2018

by Bill Chappell

"In fact, we're growing faster outside the [San Francisco] Bay Area than within it," says Chief Financial Officer Ruth Porat, a senior vice president of both Google and its parent company, Alphabet.

The Goldman Sachs headquarters in Manhattan, as shown on Dec. 17. Malaysia has filed criminal charges against Goldman Sachs and two of its former executives on Monday over their alleged role in the ransacking of a multibillion-dollar state investment fund

World News

Goldman Sachs Faces Charges In Malaysia Over Massive Corruption Scandal

3:01pm December 17, 2018

by Camila Domonoske

The U.S. bank and two of its former bankers face criminal charges in connection with Malaysia's 1MDB scandal, which involves billions of dollars allegedly stolen from a development fund.

The arrest of Huawei executive Meng Wanzhou, followed by China's detention of two Canadians, escalated trade and security tensions that are now leading to travel jitters.

World News

U.S., Canadian Executives Privately 'Spooked' About Traveling To China

6:31am December 17, 2018

by Yuki Noguchi

The arrest of Huawei executive Meng Wanzhou, followed by China's detention of two Canadians, escalated trade and security tensions that are now leading to travel jitters.

Doug Kiker (left) and Dan Schmalen are founders of Retrofit Careers, a job portal for those in successful drug and alcohol recovery.

New Job Hope For Adults In Drug And Alcohol Recovery

6:25pm December 16, 2018

by Nina Feldman

Many in recovery go long periods without work, and face stigma against addiction. A new hiring site, just for job seekers in recovery, aims to change that.

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Science

Lab-Grown Meat Draws Big Investors — And Big Opposition

8:04am December 16, 2018

by Frank Morris

Tech startups are using animal stem cells to grow meat. Big meat companies, including Tyson and Cargill, are investing in the technology, while livestock producers are trying to fight it.

National

A Decade After Madoff Ponzi Scheme Failed, Money Is Still Being Recovered

8:04am December 16, 2018

by Lulu Garcia-Navarro

Irving Picard, a lawyer leading the liquidation the collapsed investment firm, says lawsuits and forensic accounting have gotten back almost 70 percent of what was feared lost — some $13 billion.