Cashing In On The Fantasy-Sports Economy
People paid $1.7 billion to play in fantasy leagues last year. Real businesses are springing up to try to profit from the fantasy economy.
Business
Sen. Durbin Wants Budget Showdown To End Quickly
The Senate is considering a bill to keep funding the federal government past next Tuesday. The measure was passed last week by the Republican-controlled House, and it includes language to defund the Affordable Care Act. To discuss what is the path forward, Steve Inskeep talks to Senate Majority Whip Dick Durbin, a Democrat from Illinois.
Moms Sell Healthy Lunches For Kids At School
Stephanie Rubin and Ingrid Calvo are two New York-based moms who think American school lunches leave a lot to be desired. So they started a delivery business in Manhattan called Inboxyourmeal com. For $10, they'll deliver healthy, chef-prepared meals to students in their delivery area.
Most Agree 'Welfare For Farmers' Has To Go
The farm bill which Congress is bitterly divided over is set to expire at the end of this month. Included in it is the $5 billion a year subsidy called Direct and Counter-cyclical Payment Program. It shells out money to farmers and land owners regardless of need or loss.
EPA Wants To Limit Greenhouse Gases From New Coal Power Plants
Under the proposal from the Environmental Protection Agency, new plants that run on coal would be permitted to emit only about half as much carbon dioxide as the average coal plant puts into the air today. Emissions from the electricity industry are already declining as utilities turn to natural gas and wind farms.
Female Fans Love New Grand Theft Auto Despite Demeaning Content
Grand Theft Auto V took in more than $800 million in sales on its first day in stores. The edgy and violent adventure game series isn't just a hit with young men: A significant number of women play, though some of them are disappointed the new release doesn't feature prominent female characters.
Why Companies And CEOs Rarely Admit To Wrongdoing
JPMorgan Chase revealed last year that some traders in London concealed losing $6 billion. The company has agreed to pay $900 million in fines, but federal regulators also forced the bank to admit to wrongdoing. One analyst says admitting mistakes tarnishes your reputation.
House Nears Vote To Fund Government, Defund Obamacare
The Republican-controlled House is set to vote Friday on a stopgap spending bill to keep the government open for business through the middle of December. And the White House has already said if it makes it to the president's desk, he'll veto it. That's because the bill also would defund the Affordable Care Act.
Making Food From Flies (It's Not That Icky)
One of the really big challenges facing our world is how to grow more food without using up the globe's land and water. One company in Ohio says we've been ignoring one solution: insects. It's using larvae of the black soldier fly to convert waste into feed for fish or pigs.
Whale Of A Fine: JPMorgan Chase To Pay $920M In Penalties
Traders in JPMorgan's London offices racked up huge losses last year and then tried to cover up what happened. Now, the bank is admitting the violations and agreeing to pay nearly $1 billion to regulators in the U.S. and U.K.