Business

Ford will focus on SUVs and trucks — and eliminate many of its sedans — in the North American market. Here, the company's trucks were highlighted at the 2018 North American International Auto Show in Detroit.

Ford To Phase Out 'Traditional Ford Sedans' Such As Fusion And Taurus In The U.S.

9:44am April 26, 2018

by Bill Chappell

Ford Motor Co. reported a $1.7 billion profit for the first quarter, but it's planning big changes — such as phasing out nearly all of its cars in favor of trucks and SUVs.

As User Data Scandal Persists, Facebook Reports Record Earnings

7:01am April 26, 2018

by Aarti Shahani

Mark Zuckerberg faced investors for the first time following the user data scandal as the company reported first quarter earnings on Wednesday.

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CFPB Chief Mick Mulvaney Wants To Shut Public Access To Consumer Complaints Database

8:27pm April 25, 2018

by Chris Arnold

Mulvaney said the consumer database of complaints against banks shouldn't be a "Yelp for financial services." He also encouraged lobbyists to contribute to lawmakers to get their voices heard.

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The Student Loan Report created a fake identity named "Drew Cloud," who was presented as founder, columnist and editor.

'Student Loan Report' Admits Its Founder And Editor Is Fake

7:29pm April 25, 2018

by Sasha Ingber

Reporters from The Chronicle of Higher Education discovered that "Drew Cloud" was made up from thin air. The "news" site was created by a student loan refinancing company.

Mick Mulvaney, acting director of the CFPB, testifies at a House hearing. Mulvaney says he doesn't need to run "a Yelp for financial services sponsored by the federal government."

The Consumer Complaints Database That Could Disappear From View

7:18pm April 25, 2018

by Chris Arnold

Consumer Financial Protection Bureau chief Mick Mulvaney says he may shut down public access to more than a million complaints Americans have made about financial institutions.

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Pistachio trees in California's drought-stricken Central Valley.

Economy

Episode 640: The Bottom Of The Well

7:09pm April 25, 2018

Today on the show: the economics of drought, and why the rational thing to do in California right now is use more water.

Tourists walk along a beach in Malay town, on the Philippine island Boracay, last week. President Duterte's decision to close Boracay has rocked the island. The Philippines is set to deploy hundreds of riot police to keep travelers out and head off potent

As Philippines Shuts Down A Popular Tourist Island, Residents Fear For Their Future

6:59pm April 25, 2018

by Michael Sullivan

President Rodrigo Duterte called Boracay island a "cesspool." It draws 2 million visitors a year but isn't equipped to accommodate them. Residents agree there's a problem, but worry about losing jobs.

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The Diamond B Ranch, north of Cheyenne, Wyo., is no longer a working property. It's been bought and subdivided by a realty company.

Rural Lands At Risk As Ranchers Prepare For Retirement

5:49pm April 25, 2018

by Cooper McKim

Universities and ranch land advocates are offering estate planning classes to ranchers with a goal of saving their land from redevelopment.

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Sky's independent directors have withdrawn their support for a deal for 21st Century Fox to buy the British company, setting the scene for a possible bidding war.

World News

Comcast's $31 Billion Bid For U.K.-Based Sky Complicates Murdoch Plans

4:45pm April 25, 2018

by David Folkenflik

Rupert Murdoch had decided to take over the British media giant and flip it with other 21st Century Fox properties in a sale to Disney. But Sky directors have pulled support from his bid.

Economy

The Farm Labor Drought

4:00pm April 25, 2018

Water isn't the only shortage California farmers are worried about. There's a labor drought, too.