Originally published on Mon December 16, 2013 4:14 am
Since the tragic death of actor Paul Walker in a car crash, Universal Pictures has been struggling with how to handle its billion-dollar Fast & Furious franchise. Production on the seventh movie was underway when he died. David Greene talks to reporter Kim Masters, who has been following the story for The Hollywood Reporter. Masters also hosts The Business on member station KCRW.
In Belgium, the Trappists produce Orval. Forbes Magazine reports there simply aren't enough monks to expand production of Orval. The abbey once had 35 monks, but today that number is down to just a dozen.
Originally published on Mon December 16, 2013 4:17 am
Charter Communications Inc. is expected to announce a new merger offer for Time Warner Cable Co. this week. It will be the company's third such offer. Industry analysts don't expect this one to work any better.
Bill Battle peers through the window of a pickup truck at his catfish farm, Pride of the Pond, near Tunica, Miss. The land is pancake-flat, broken up by massive ponds, some holding up to 100,000 pounds of catfish.
Cormorants fly low over the ponds, keeping an eye out for whiskered, smooth-skinned fish. Battle keeps a shotgun in the front seat; business is hard enough without the birds cutting into his profit.
Ireland was one of the countries hardest hit by Europe's debt crisis. On Sunday, it passed a big milestone when the nation became the first country to formally exit the bailout program funded by the International Monetary Fund and the European Union.
After three years of the bailout program, it isn't hard to find signs of improvement in Ireland and of an economy coming back from the dead.
"Don't get me wrong, it's been bad in a lot of ways, but there's a silver lining in every cloud," says Conor Mulhall, a 41-year-old father of three.
Even the most mundane online tasks require us to hand over sensitive data. Privacy policies pass by with an easy click. Yes, each company has its own legal language about the risks we take on, but the standards for consumer protection are murky.
"There is no one law in the United States that mandates that websites and phone applications have good data security," says law professor Woodrow Hartzog, who focuses on the area of privacy law and online communication.
So if there isn't one set of rules, who's working to keep your personal information safe?
For the first time, a woman has been named CEO of a major U.S. automotive company. Mary Barra, 51, breaks a glass ceiling in one of the most male-dominated industries in the nation. But women buy more than half the cars in America, so the question is why it took so long.
As we become a more digitally connected society, one question has become increasingly pervasive: Is the expectation of privacy still reasonable?
Ann Cavoukian, the privacy commissioner for Ontario, Canada, thinks so. She contends that privacy — including privacy online — is foundational to a free society. She developed a framework for approaching privacy issues back in the 1990s that's been recognized around the world.
Negotiations between Boeing and the machinists union in Washington State broke down again last night. The union rejected Boeing's latest contract offer. The deal would've guaranteed that production of the new 777X airplanes would stay in the Seattle area. Now, the aerospace giant may be taking those planes and thousands of jobs elsewhere.
Other states are eagerly courting them. But Michael Tomsic of member station WFAE in Charlotte reports that landing the aerospace company won't come cheap.
Originally published on Fri December 13, 2013 6:54 pm
If you think grains of rice or kernels of corn are free gifts of nature, think again. Seed companies — and the FBI — take a very different attitude, and walking off with the wrong seeds can land you in very serious trouble indeed.
In two apparently unrelated cases this week, federal prosecutors arrested citizens of China and charged them with stealing seeds that American companies consider valuable intellectual property.
Nearly 600 Alabama businesses and individuals are getting state tax credits by contributing to private school scholarship programs.
The tax credits were included in the Alabama Accountability Act that the Legislature passed in February. State Revenue Department spokeswoman Carla Snellgrove says that 582 donors have given $19.5 million to organizations set up under the new law to provide scholarships to students who move from failing public schools to participating private schools.