HSBC Reaches $1.9B Deal Over Money Laundering
HSBC bank has reached a record $1.9 billion settlement with federal and state authorities over money laundering. All Things Considered host Robert Siegel talks to NPR's Jim Zarroli.
Business
Everyone Chip In, Please: Crowdfunding Sandy
Crowdfunding is a simple way for anyone to ask for money online from friends, family and even strangers. One woman raised $10,000 to help her neighbors affected by Hurricane Sandy. She's been hand-delivering checks to owners of damaged businesses and people who just need the extra lift.
Trump Bans Glenfiddich Whisky At His Resorts
Michael Forbes lives next to Donald Trump's new golf course in Scotland. He has refused to sell his property to Trump, and what's ensued has been a war of words. The latest flare-up involves an award given by the Scottish company that makes Glenfiddich whisky.
U.S. Olive Oil Makers Say Imports Aren't Always So 'Extra Virgin'
Across the U.S., olive oil production is expanding. But domestic product accounts for only a small sliver of olive oil sold in the U.S. American producers say their foreign competitors aren't playing fair. One issue: mislabeling.
12 Days Of Tax Deductions
Over the next 12 days, Morning Edition will take a closer look at the biggest federal tax deductions: how they came about, who benefits and how they might be affected by "fiscal cliff" negotiations. We begin with the casualty loss deduction.
Will U.S.-Made Mac Computers Start A Trend?
Apple's CEO Tim Cook made news by announcing the company will start manufacturing a line of Mac computers in the U.S. But Cook, like Steve Jobs before him, says the main reason Apple produces most of its products overseas isn't about price. It's about a lack of skilled workers in the U.S.
Not Just Patriotic, U.S. Manufacturing May Be Smart
The incentives are stacking up in favor of making things at home. As General Electric discovered in its Appliance Park in Louisville, Ky., big things can happen when marketers and designers talk to assembly line operators. Collaboration is one piece of how U.S. factories are becoming more efficient — and enticing.
Hoodie Company Put U.S. Manufacturing In Style
When Bayard Winthrop founded American Giant, he set up manufacturing in San Francisco. The sweatshirt company focuses on the details and skips over the distributors. Winthrop tells host Guy Raz how making the clothing in America actually helps his bottom line.
Jobless Rate Drops In First Post-Election Report
The Labor Department reported Friday that the nation's unemployment rate fell to 7.7 percent in November as employers added 146,000 jobs. In October, the jobless rate was 7.9 percent. Analysts had predicted weaker numbers for November, partly because of the storm's aftermath.
A Thin Line: Economic Development Or Corporate Welfare?
In her new series for The New York Times, reporter Louise Story traces the complicated relationship between localities and the corporations they want to lure to their states, counties and cities to help promote economic growth.