Why Did America's CEOs Get Such A Big Raise?
There was a time when heads of corporations made a lot less money. And then suddenly, average CEO pay shot up. Planet Money explores why America's CEOs got a big raise.
Business
He Led The Financial Bailout But Says Banks Are Still Too Big To Fail
Despite changes after the 2008 financial crisis, Neel Kashkari, one of the leading figures in the federal bailout, says major banks are still at risk. "I don't think we've gone far enough," he says.
Nike Ends Manny Pacquiao's Contract Over Remarks About Gays
The boxer has apologized "for hurting people by comparing homosexuals to animals," but he also reiterated that he was merely going by "what the Bible says."
Leaking Natural Gas Well In California Is Permanently Sealed
After spewing methane into the atmosphere for months, a storage well near Porter Ranch, Los Angeles, has been permanently sealed and taken out of service, state officials and the gas utility say.
FCC Wants To Force Cable Companies, And Their Set-Top Boxes, To Adapt
A proposal being launched Thursday could result in boxes that subscribers could buy, not just rent, and that could provide streaming online content alongside traditional cable channels.
Fashion Week Wraps Up In New York
Renee Montagne talks to Robin Givhan, the fashion critic for The Washington Post, who gives us her take on New York's fashion week.
Slippery Slope? Court Orders Apple To Unlock Shooter's iPhone
Apple says it would fight a federal court order to help the FBI break into a dead terrorist's iPhone. The feds say they're being kept out by one of the phone's security features.
Wal-Mart Had A Tough Year, But Workers And Shoppers Got A Boost
Wal-Mart's sales and profits took hits last year as the company closed stores, raised wages, cut prices and sweated out a warm December. But those same factors helped workers and shoppers.
'World's Cheapest Smartphone' Goes On Sale For $4 In India
Reviewers who've looked at the phone say it doesn't offer anything special, except for a price that's far below anything else on the market. It's also the subject of much speculation.
LA Hospital Pays Hackers Nearly $17,000 To Restore Computer Network
Hollywood Presbyterian Medical Center paid the ransom of 40 bitcoins — currently worth $16,664 dollars — after the system was infiltrated by hackers.