Business

Toyota Camry, Prius Downgraded On Crash List

11:37am December 20, 2012

Toyota's 2013 Camry received a crash-test rating of "poor" from the Insurance Institute for Highway Safety. This is a big change from last year when the 2012 model received top marks from the group. This time the organization implemented a more stringent frontal crash test. Toyota's 2013 V was also scored as "poor."

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Switzerland's UBS To Settle Rate-Rigging Scandal

5:44am December 20, 2012

UBS has agreed to pay some $1.5 billion in fines to international regulators following a probe into the rigging of a key global interest rate. UBS became the second bank, after Britain's Barclays PLC, to settle over the rate-rigging scandal.

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Credit Rating Upgrade Is Good News For Greece

5:44am December 20, 2012

by Joanna Kakissis

A day after eurozone lenders finally released about $45 billion in loans to Greece, a top credit agency raised its rating on the country by a six points. It's a rare piece of good news for Greece, which still faces Depression-level unemployment and at least another year of recession.

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Flowers, candles and stuffed animals make up a makeshift memorial in Newtown, Conn., on Monday. Much of the initial news coverage of Friday's events was later found to be inaccurate.

National

Coverage Rapid, And Often Wrong, In Tragedy's Early Hours

2:09pm December 18, 2012

by David Folkenflik

Much of what Americans learned from the news media Friday about the events in Newtown was wrong. Journalists know early accounts of crisis events are often misleading and incomplete, but often are compelled to pursue them without waiting for authoritative confirmation.

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Cyndy Aafedt (left) owns the El Rancho hotel in Williston, N.D. Jobs in town have been hard to fill. Her employee, Mary Joy Hardt (right), who is from the Philippines, is one of many people with J-1 visas helping to fill retail, hotel and restaurant job o

The Downsides Of Living In An Oil Boomtown

11:18am December 18, 2012

by Meg Luther Lindholm

The population explosion in Williston, N.D., has been a blessing and a curse for many local businesses. Stores and restaurants are struggling to find workers because they can't compete with what most oil jobs pay. Plus, there's now a day care shortage, and housing costs have skyrocketed.

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Private Equity Firm To Sell Gun Interest

6:54am December 18, 2012

Cerberus Capital owns Freedom Group, which had merged with the company that made one of the guns used in last week's shootings in Connecticut. Cerberus Capital said in a statement that it's looking to sell its stake in the gun manufacturer. The move follows pressure from the California State Teachers Retirement System among others.

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Hasbro's pink Easy-Bake Oven is under fire for reinforcing gender stereotypes.

National

Girls, Boys And Toys: Rethinking Stereotypes In What Kids Play With

6:50am December 18, 2012

by Heidi Glenn

A New Jersey teenager who launched a campaign to get Hasbro to make a gender-neutral Easy-Bake Oven is expected to meet with the toy company Monday afternoon. Her campaign seems to be part of heightened gender messaging awareness in toys this holiday season.

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Fatima Jafari, owner of Bamboo Wood Industries, listens to a worker in her factory in Kabul, Afghanistan. Jafari is one of the few female entrepreneurs in an industrial trade in the country, despite international efforts to support women in business.

World News

Afghan Woman Carves Out An Entrepreneurial Niche

9:49am December 17, 2012

by Sean Carberry

Despite more than a decade of international efforts to support women in Afghanistan, female entrepreneurs remain relatively rare. But one Afghan woman is trying to show the men a thing or two about making high-quality furniture in Afghanistan.

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Economy

Weighing The Child Tax Credit During Hard Times

7:05am December 17, 2012

There's still no budget deal to prevent the automatic spending cuts and tax increases scheduled to go into effect at the end of this year. There are some tax deductions, credits and other breaks lawmakers are weighing in this budget debate.

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Education

Why A Principal Created His Own Currency

2:43pm December 14, 2012

by David Kestenbaum

He created incentives that 11-year-olds could relate to. (Somehow, "Come to school and you'll be better off in 20 years," just wasn't working.)

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