Most local economic development schemes focus on creating jobs. Many offer incentives to startup companies, or try to lure existing companies to relocate.
But a campaign in Montana is turning that on its head. It's not trying to recruit companies but rather employees to come to the sparsely populated state and telecommute.
David Blackburn works for a financial services firm in Jersey City, N.J. He and his wife both have six-figure incomes, but real estate in the New York City area is so expensive that they have to live kind of far from their jobs.
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The executive board of the Boy Scouts of America has ended its outright ban on gay scout leaders today, but there's a caveat. NPR's Wade Goodwyn reports that the resolution allows each scout unit to decide for itself whether to accept gay adult leaders.
Nick Lapatas spent 18 years living in Chicago. Then he returned home to Greece and bought a small farm. Today he and his son sell tomatoes in an open-air market in Athens. Despite the depressed economy and cheaper imports from Bulgaria and Albania, he's doing OK.
"I don't know how, but we are making some money," he says. "Now, what is going to happen a month from now, I don't know."
Originally published on Tue July 28, 2015 11:26 am
Editor's note: A version of this story was first published Aug. 1, 2014.
When Leanne Brown moved to New York from Canada to earn a master's in food studies at New York University, she couldn't help noticing that Americans on a tight budget were eating a lot of processed foods heavy in carbs.
Originally published on Tue July 28, 2015 12:48 pm
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Android is the most popular mobile operating system on Earth: About 80 percent of smartphones run on it. And, according to mobile security experts at the firm Zimperium, there's a gaping hole in the software — one that would let hackers break into someone's phone and take over, just by knowing the phone's number.
Federal regulators are fining Fiat Chrysler $105 million for failing to acknowledge and address safety defects in a timely fashion.
The civil penalty — the largest ever imposed by the National Highway Traffic Safety Administration — will be accompanied by three years of "unprecedented" federal oversight, the agency says. Fiat Chrysler has also agreed to buy back some vehicles from their owners.
A German auto parts maker has announced plans to build its first U.S. manufacturing plant in Alabama. The Alabama Department of Commerce says Schmidt Maschinenbau GmbH is planning to build its plant in Auburn. Production of engine components is expected to begin in 2016. The plant will make parts for Mercedes-Benz and other German automakers. Governor Robert Bentley says the plant will create fifty jobs and the company is planning to invest roughly $17 million in the plant.
Britain's Pearson PLC — just days after announcing it would sell The Financial Times — has made public that it is engaged in talks to dump its 50 percent stake in The Economist Group.
"Pearson confirms it is in discussions with The Economist Group Board and trustees regarding the potential sale of our 50 percent share in the group," the company said in a statement on Saturday. "There is no certainty that this process will lead to a transaction."