Business

'Last Word' Pays Homage To Actor James Gandolfini

8:46am June 21, 2013

Gandolfini, who died this week while vacationing in Italy, became famous for his role in The Sopranos. Tony Soprano, the mob boss, described his job as "waste management consultant." Call it what you want, but on the job, Tony Soprano had plenty of business insights.

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More Banks Caught Up In Libor Scandal

7:01am June 21, 2013

Libor is the London interbank offered rate. It's important because it establishes the rate that banks pay to borrow from one another.

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Instagram Expands With Video Feature

6:18am June 21, 2013

This move pits Facebook against Twitter, which owns the six-second video-sharing service, Vine. Adding video brings significant change to the Instagram experience.

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Jim White of Pennsylvania pumps gas at a BP station in Ocala, Fla., in April. The price of gasoline remains stubbornly high, which may put a crimp on summer travel plans.

Economy

If Supplies Of Oil Are Up, Why Is Gas Still Pricey?

8:00pm June 20, 2013

Supplies of oil have been surging this year, and U.S. drivers, who have been switching to more fuel-efficient cars, are using less gasoline. That would seem to be the right economic combination to push down prices at the pump, but gasoline prices have remained stubbornly high this summer.

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The Business And Politics Of Air Quality Regulation

2:35pm June 20, 2013

In a speech in Germany Wednesday, President Barack Obama said it's time to take "bold action" on climate change. Many believe that major changes to policies on carbon emissions lie ahead, which would mean a host of new regulations for businesses.

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Economy

Will Work For Free? The Future Of The Unpaid Internship

11:20am June 20, 2013

A New York Federal District Court judge ruled that Fox Searchlight Pictures broke the law by not paying two interns for work on the film Black Swan. As a result, private employers may be considering revising their internship programs, or scrapping them altogether.

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Economy

Fed Warns Stimulus Package Will Be Ratcheted Down

7:07am June 20, 2013

by John Ydstie

Investors have been nervous about the Federal Reserve's intentions after hints that it might reduce its massive bond buying program. Amid volatile markets, traders and investors complained they wanted more clarity. Chairman Ben Bernanke obliged on Wednesday after a regular two-day meeting of Fed policymakers.

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Founder Of Men's Wearhouse Fired By Company's Board

7:07am June 20, 2013

by David Schaper

George Zimmer was the founder and executive chairman of the clothing retailer. For three decades, Zimmer starred in the company's commercials. His catch saying: "You're going to like the way you look. I guarantee it."

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Leaders take part in the G-8 summit in Northern Ireland on Tuesday. Their discussions included tax-avoidance issues.

G-8 Nations Pledge To Crack Down On Corporate Tax Evaders

10:18pm June 19, 2013

by Jim Zarroli

This week's meeting of the Group of Eight industrialized countries concluded with a pledge to end the use of tax shelters by multinational corporations. But there are still big questions about how they will make a dent in the problem.

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A woman tries on a jacket at a Zara store in Madrid. Zara's parent company, Inditex, was among Spanish companies to sign fire and building safety agreements for their factories in Bangladesh following a deadly factory collapse in April, though Inditex was

Fashion's Victims: An Artist's Focus On Garment Workers

2:35pm June 19, 2013

by Lauren Frayer

More than 1,000 people were killed in the factory collapse in Bangladesh in April. Spanish companies were among those whose clothes were made at the facility. But there's a clash between the allure of low-cost fast fashion and consumer awareness of working conditions. A Spanish artist is doing her bit: She's drawing attention to workers' plight.

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