Economy & Business

Business news

Reform groups in Mexico have been trying for years to persuade politicians to regularly disclose their assets and income, pointing to their northern neighbor as an example of a place where financial disclosure is the norm in government.

Then came President Trump, who has steadfastly refused to release his tax returns.

One of former President Barack Obama’s environmental victories was getting automakers to agree to much higher fuel efficiency standards back in 2011. In his last days in office, his administration worked to finalize those standards through 2025. That came as a bit of a shock to carmakers who had expected a chance to revisit the rules. Now, they’re asking the brand-new Environmental Protection Agency Administrator Scott Pruitt for a redo. 

Last of pipeline opponents leave North Dakota protest camp

Feb 22, 2017
Associated Press

The last of the Dakota Access pipeline opponents abandoned their protest camp in Cannon Ball, North Dakota, today ahead of a government deadline to get off the federal land, and authorities arrested others who defied the order in a final show of dissent.

What Selena Gomez has to do with the 'La La Land' soundtrack

Feb 22, 2017
Kai Ryssdal and Bridget Bodnar

John Janick took over for Jimmy Iovine as CEO of Interscope Geffen A&M Records in 2014. Iovine hand picked Janick as his successor, and Janick then spent months learning the business from the music legend.

Janick launched himself into the music industry when he started a record company out of his college dorm room called Fueled by Ramen. Its artists included Jimmy Eat World, Fall Out Boy and eventually Panic! at the Disco and Paramore.

Reuters reports that Facebook is in talks to stream Major League Baseball games. That would make the MLB the latest professional sports league to seek a social media audience. But what’s in it for Facebook? Well, potential advertising dollars. Since Facebook can track who’s watching and what they’re doing while they watch, it can offer real-time information that advertisers might be willing to bid on to target an audience at peak game times.

The federal government has revealed plans to step up deportations of the millions of immigrants in the U.S. illegally. Construction and agriculture are among the sectors that lean heavily on the undocumented workforce and, with labor short in those fields, some say the move will have a negative effect. 

Scott Tong

President Donald Trump has pledged to “revive” the coal industry and deliver the next industry boom. But for historic coal-mining towns, many are asking a broader, long-term question: In volatile resource economies, do the periodic booms get outweighed by the busts that follow? In other words, do the hangovers last longer than the parties?

On its face, it seems a ridiculous question: Can a natural resource be bad for a local economy?

Meet the workplace sensors that are watching you

Feb 22, 2017
Kai Ryssdal and Robert Garrova

We all know about the sensors that turn the lights off when a room isn’t occupied or dial back the air conditioning when it isn’t needed. But in today’s modern workplace, sensors are capable of tracking much more, including how long employees go without talking with one another, and, in one case, even when workers are away from their desks.

Interscope Geffen A&M CEO says industry has got to figure out streaming

Feb 22, 2017
Kai Ryssdal and Bridget Bodnar

When John Janick was an undergrad, he started a record company out of his dorm room called Fueled by Ramen. It went on to represent artists like Jimmy Eat World and Fall Out Boy, then later Panic! at the Disco, fun. and Paramore. Now he runs a considerably bigger company as the CEO of Interscope Geffen A&M Records. Janick was hand-picked by Jimmy Iovine to be the music industry legend's successor.

2/22/2017: Let's talk about coal, again

Feb 22, 2017
Scott Tong

We’ve been hearing a lot about coal lately. Coal mining country came out strong for Trump, who has been promising to bring back mining jobs. We discuss the reality of the boom-and-bust industry with residents in one Illinois town who wonder if they’d be better off without it. From the latest installment of Corner Office, we’ll hear the unlikely story of how the “La La Land” soundtrack came to be from the man who made it happen: John Janick, CEO of Interscope Geffen A&M Records. Plus, how closely are you being watched at work?

02/22/17: Watching $100 million go down the drain

Feb 22, 2017

We're exploring the financial turmoil that ABB, a Swiss engineering group, is currently facing. The company may lose $100 million because of a criminal scheme at a South Korean subsidiary. Next, we'll talk about a turnaround for U.S. coal mining companies and then take a closer look at one small California community where arsenic is contaminating its groundwater. 

In North Dakota, authorities set Wednesday as the deadline for the dwindling number of protesters against the Dakota Access pipeline to clean up and go home.

At the main protest camp, a massive cleanup effort has been underway. Semi trucks have been hauling debris out of camp and people here are piling garbage into bags.

"It looks like a trash pile. But it's getting picked up and every spot is starting to look better and better as we work together," Dotty Agard of the Standing Rock Sioux tribe says as she sorts through abandoned goods.

Dangerous passage: Refugees in Minnesota risk death to reach Canada

Feb 22, 2017
Dan Gunderson and Laura Yuen

This story was first published on 

Bashir Yussuf had survived Somalia's violence, fled to South America, then struggled through dense Panamanian jungle to make it north and seek asylum.

Now he stood freezing in waist-high snow in the desolate Minnesota-Canadian borderlands, wondering if these last few miles of his journey might be the ones that finally killed him.

Mining companies bounce back after years of losses

Feb 22, 2017

Some of the world’s biggest mines are reporting profits again after a rocky few years. Commodity prices are up, and mining companies are leaner. They’ve sold off underperforming mines, and paid off debt. Miners and steel makers are also hoping President Trump will give them a boost with new spending on infrastructure in the U.S. But they’re also hoping he doesn’t start any trade wars, because they rely on global trade. 

Click the above audio player to hear the full story.

Why it might be a good thing if your boss is an introvert

Feb 22, 2017
David Brancaccio

Turns out that the most effective leader isn't necessarily the one who's the most outgoing, the most outspoken, the most assertive. 

Adam Grant, a professor at the University of Pennsylvania's Wharton School, conducted a study at a national pizza chain with his colleagues to discover the connection between personality type and management style. They found that an introvert's or extrovert's success depended on conditions like how active or passive their employees were.