ECONOMY

Massive Pacific Trade Agreement Ignores One Huge Tariff: Currency Manipulation

4:25pm November 12, 2015

by David Kestenbaum

The Trans-Pacific Partnership trade agreement has been hashed out line-by-line. All 6,000 pages of it. It will set the rules for roughly one-third of world trade. It has precise requirements for tariffs, quotas and subsidies for all manner of goods. But there's one huge secret tariff that isn't included: currency manipulation.

E-Commerce Is A Bright Spot In China's Slumping Economy

1:58pm November 12, 2015

by Frank Langfitt

China's old industrial sector continues to decline. One of the economy's sectors that is doing well is e-commerce. But is its rapid expansion enough to halt the overall slide in China's growth?

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California Case Threatens Uber's Business Model, Future Of Freelance Economy

7:02pm November 11, 2015

NPR's Kelly McEvers speaks with David Plouffe, former adviser to President Obama and current board member of the company Uber, about the growth of the freelance economy.

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Joe's Crab Shack Tests Out Ban On Tipping

7:00pm November 11, 2015

by Sonari Glinton

Joe's Crab Shack, a national restaurant chain, is testing a tipping ban. Employees will receive raises instead. The chain's CEO Raymond Blanchette told CNBC the tradition of tipping is antiquated and has created an overly competitive atmosphere among employees. Joe's Crab Shack follows a number of restaurants that have recently done away with tipping, including Danny Meyer's Union Square Hospitality Group.

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Economy

LA Combats Homelessness Which Is Up 12 Percent From 2 Years Ago

6:44pm November 11, 2015

by Josie Huang

In Los Angeles, officials have announced a $100 million fight against homelessness. It's a response to the growing number of people on the streets. Residents are upset about the worsening situation.

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Shoppers In Mexico Show Up For Opening Of Luxury Department Store

2:34pm November 11, 2015

by Carrie Kahn

A high-end retailer just opened its $300 million remodeled flagship store in Mexico's City's swankiest neighborhood. The store is banking on Mexico's rising middle-class consumers.

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Lineman rodeo contestants participate in an event that simulates an electrical problem to be fixed in Bonner Springs, Kan. The challenge was announced the night before.

Help Wanted: Must Like Heights And High Voltage

2:08pm November 11, 2015

by Frank Morris

A shortage of line workers raises the question: How do you entice millennials into tough electric utility work, when "you can't get a kid to lick a stamp, much less climb a pole" these days?

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Candidates take the stage before the Republican presidential debate hosted by Fox Business News in Milwaukee on Tuesday.

Break It Down: NPR Reporters Fact Check The Republican Debate

10:50am November 11, 2015

Last night's presidential debate focused on economic issues. Our reporters look at candidate claims about business creation, the minimum wage, trade and the length of the tax code.

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"Our combination with SABMiller is about creating the first truly global beer company and bringing more choices to beer drinkers in markets outside of the U.S.," says Carlos Brito, CEO of AB Inbev, seen here last year.

Anheuser-Busch InBev And SABMiller Agree On Merger Terms

10:06am November 11, 2015

by Bill Chappell

A Brobdingnagian beer company is closer to becoming reality, as Anheuser-Busch InBev works out terms to buy its biggest rival. The deal also includes a sell-off of MillerCoors to Molson Coors.

Federal Prosecutors Charge 3 In International Cyber Crime Spree

6:46am November 11, 2015

by Aarti Shahani

The indictments allege the defendants hacked JP Morgan Chase and other financial institutions, stealing data from some 100 million customers to lure victims into a stock trading scam.

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