Business

California Company Reaches $119.5 Million Settlement Over Massive Gas Leak

7:00pm August 08, 2018

by Camila Domonoske

For months, starting in late 2015, a gas leak in Los Angeles spewed methane into the air. The Southern California Gas Company has agreed to reimburse local governments and mitigate the damage.

Economy

Trickle-Down Economics: Pricing H2O

4:46pm August 08, 2018

What's the best way to price water in a drought, to ensure people get what they need without breaking the bank?

Louisiana crawfish caught in waters in and around Berlin are on display at Fisch Frank fish restaurant in Berlin. They are an invasive species and authorities recently licensed a local fisherman to catch them and sell them to local restaurants.

For Berlin, Invasive Crustaceans Are A Tough Catch And A Tough Sell

11:56am August 08, 2018

by Daniella Cheslow

Louisiana crawfish have invaded waterways in Germany's capital. Wildlife officials licensed a fisherman to catch them for chefs, hoping a taste for "Berlin Lobster" might control the invasive species.

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Drug costs are the fastest growing part of state Medicaid budgets.

States Question Costs Of Middlemen That Manage Medicaid Drug Benefits

11:20am August 08, 2018

by Alison Kodjak

Companies that negotiate drug prices for insurance plans keep a big cut of the money. In Ohio, a battle is brewing over whether their services are worth the cost.

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Missouri Voters Reject Right-To-Work Law

7:41am August 08, 2018

by Jason Rosenbaum

Voters in Missouri resoundingly struck down that state's right-to-work law after labor unions in Missouri organized a strong signature campaign to get a referendum on the ballot.

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People opposing Proposition A listen to a speaker during a rally in Kansas City, Mo., last month.

Missouri Blocks Right-To-Work Law

6:10am August 08, 2018

by Scott Neuman

A ballot measure supporting a Republican-backed law that prohibits compulsory union membership and fees was overwhelmingly rejected even in the state's deep red regions.

Elon Musk Wants To Take Tesla Private

5:32am August 08, 2018

by Jasmine Garsd

Tesla's stock soared Tuesday after CEO Elon Musk said he wants to take the company private. The announcement hammered short sellers and raised questions about the company's future.

Economy

Sanctions, Iran, And The Battle Over SWIFT

11:01pm August 07, 2018

Today on the Indicator: How a small Belgian company wields enormous influence in global finance and diplomacy.

Tesla CEO Elon Musk Considering Taking Company Private

6:25pm August 07, 2018

by Jasmine Garsd

Tesla stock soared on Tuesday after CEO Elon Musk said he's considering taking the company private. It also raised many questions about the future of the electric car company.

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People walk at the old main bazaar in Tehran, Iran, last month. The strained Iranian economy is bracing for the impact of new U.S. sanctions that went into effect Tuesday.

Iran Braces For New U.S. Sanctions To Further Cripple Economy

4:35pm August 07, 2018

by Samantha Raphelson

The new sanctions, which were previously lifted under the 2015 nuclear deal, severely limit Iran's ability to buy U.S. currency and issue sovereign debt, and place restrictions on trade with Iran.