Business

Industry Group Weighs In On New Fiduciary Rule

7:04am April 06, 2016

The Labor Department rule regarding retirement planning is opposed by Wall Street. Renee Montagne talks to Jules Gaudreau, president of the National Association of Insurance and Financial Advisors.

Obama Administration Wants Savers To Keep More Of Their Retirement Money

6:55am April 06, 2016

by Chris Arnold

The Labor Department unveils a rule imposing limits on how financial advisers and brokers may offer advice to people saving for retirement. The rule changes how these advisers can earn commissions.

World News

Uber Drivers In Nairobi Discover Not All Taxi Drivers Welcome Competition

6:45am April 06, 2016

by Gregory Warner

After steady complaints by taxi drivers in Kenya that the ride-sharing service Uber is stealing their business, six men were arrested last week and charged with attempted murder of an Uber driver.

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How Will Trump The Brand Survive Trump The Candidate?

9:34pm April 05, 2016

by Jim Zarroli

There's some evidence Trump is losing favor with the high-end customers his businesses target.

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Icelandic Prime Minister Sigmundur David Gunnlaugsson attends a session of Parliament in the country's capital city, Reykjavik, on Monday.

World News

Iceland's Prime Minister Steps Aside Amid Panama Papers Scandal

8:14pm April 05, 2016

by Camila Domonoske

Sigmundur David Gunnlaugsson says he is not resigning but another party official will take over for a while. The prime minister and his wife were implicated by leaked financial data.

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Police stand watch Tuesday as protesters gather outside the Parliament building in Reykjavik, Iceland. The prime minister resigned after he was named in the Panama Papers as having set up secret offshore accounts through a shell company that was seeking m

Fallout From Panama Papers Echoes Around The World

8:13pm April 05, 2016

by Camila Domonoske

International investigative reporting, powered by a data breach, links titans of business and politics to secret offshore bank accounts. The reports are prompting investigations and public backlash.

Oil rigs extract petroleum in Culver City, Calif., on May 16, 2008.

Before Hollywood, The Oil Industry Made LA

7:09pm April 05, 2016

Los Angeles can seem like a company town, dominated by the movie business. But the area is dotted with oil wells — landmarks of a key industry in the region. Now plunging prices are taking their toll.

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Panama Papers Leak Is The Result Of Unprecedented Media Collaboration

5:53pm April 05, 2016

NPR's Ari Shaprio interviews Gerard Ryle, director of the International Consortium of Investigative Journalists. Ryle coordinated with over one hundred media organizations around the world to read and analyze the 11.5 million files from the Panama Papers leak.

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In Exposing Offshore Accounts, Panama Papers Could Catch Money Launderers

5:00pm April 05, 2016

NPR's Audie Cornish interviews Robert Mazur, a former U.S. drug agent who investigated the money laundering practices of drug lords, about how the Panama Papers could help catch money launderers.

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National

Fire Closes IRS Headquarters But Won't Affect Tax Return Processing

2:44pm April 05, 2016

by Doreen McCallister

Taxpayers waiting for their refunds can breathe a sigh of relief: A fire at the IRS headquarters in Washington, D.C., won't interfere with their returns.