Business

White House Economic Adviser To Leave

10:19am May 30, 2013

by Scott Horsley

Alan Krueger, the chairman of the President's Council of Economic Advisers, says he will step down to return to Princeton to resume his post as a professor of economics. Krueger, who has served as CEA chairman for the past two years, will return to Princeton in time for the beginning of the fall term.

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Alex Pope, owner of The Local Pig in Kansas City, Mo., says he hopes the deal serves as a wake-up call to consumers.

Will Chinese Firm Bring Home The Bacon With Smithfield Deal?

9:38am May 30, 2013

by Peggy Lowe

It isn't clear yet whether U.S. regulators will approve the takeover of the iconic American company by China's Shuanghui International. There are concerns that Shuanghui could ratchet up production to feed the growing demand for meat in China.

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Amazon Scraps TV Show Focus Groups

8:19am May 30, 2013

Amazon asked subscribers of its video-streaming service to do the jobs usually left to focus groups and executives. The company released 14 pilot TV shows, then looked at customer reviews and view counts. Amazon announced five pilots have been approved for a full season.

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What a potential employer finds when researching an applicant online can make or break a job opportunity.

Fixing Your Online Reputation: There's An Industry For That

7:21am May 30, 2013

by Steve Henn

What an employer finds when researching an applicant online can make or break a job opportunity. Pete Kistler says he found this out the hard way. Since online reputation-management services were too pricey for his college budget, he started his own.

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By leasing land for drilling, city leaders in Youngstown, Ohio, hope to generate funds to demolish vacant buildings.

What's Under Youngstown May Help What's On Top

7:18pm May 29, 2013

City leaders in Youngstown, Ohio, are hoping that by leasing land to drilling companies, they might generate funds to demolish vacant homes and buildings. Some refer to this as "frackmolishing," and opponents worry the drilling will cause environmental damage.

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World News

China's Shuanghui Buys Pork Giant Smithfield For $4.7 Billion

10:47am May 29, 2013

A Chinese meat producer plans to buy the U.S. meat company Smithfield, the world's largest pork producer, for $4.7 billion. The Shuanghui company is enticing Smithfield's shareholders by offering $34 a share, about 30 percent more than Smithfield's current stock price.

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Damage on the Royal Caribbean ship Grandeur of the Seas is visible as the ship docks in Freeport, the Bahamas, on Monday.

National

Cruise Industry Adopts Passenger 'Rights' As Incidents Mount

8:43am May 29, 2013

by Jim Zarroli

About 2,200 passengers were being flown back to Baltimore after their cruise ship caught fire on its way to the Bahamas. It was the latest black eye for the cruise industry, which is now trying to reassure passengers it's OK for them to sail. An industry group said it has adopted a passenger "bill of rights."

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The Business And Science Of Storm Shelters

2:09pm May 28, 2013

There are no definitive numbers on how many people were saved by storm shelters in the deadly tornado in Moore, Okla. There's little doubt that those who sought cover in previously-installed underground shelters and safe rooms were protected. Still, most people in high-risk areas don't have them.

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Health & Safety

Why Healthful Vending Machines Might Hurt The Blind

10:52am May 28, 2013

by Deena Prichep

Blind entrepreneurs who own vending machines are worried that legislative mandates to replace junk food with more healthful items will impact their business. In Oregon, the vendors are collaborating with health officials to find a happy medium.

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Garment Industry Follows Threads Of Immigration Overhaul

9:31am May 28, 2013

by Sonari Glinton

One industry official says a path to citizenship would improve conditions in the industry, which relies heavily on immigrant labor.

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