CEO Gary Knell announced on Monday that he is leaving NPR to take the helm at National Geographic Society. The offer was too good to refuse, Knell told NPR staffers, giving him the chance to lead a larger educational and publishing and television organization on a "global stage."
Some politicians across the country are getting crafty — trying to woo businesses to their states. But in North Carolina, it wasn't an elaborate government sales pitch that got a company in Connecticut interested in expansion. It was the state's high unemployment rate.
Originally published on Tue August 20, 2013 5:25 am
On Monday, The Wall Street Journal reported the Justice Department is investigating the bank over improper energy trading. That follows the news that the anti-bribery unit of the Security and Exchange Commission is looking into whether JPMorgan hired the children of Chinese officials to help win business.
Shanice is about to start her job as the receptionist at a new local government office in London. She also happens to be a hologram. Officials say that at a cost of $19,000, she's much cheaper than a living and salaried alternative.
Back in this country, a major hedge fund manager, Philip Falcone and his company, Harbinger Capital Partners, have agreed to pay $18 million to settle charges over the improper use of his company's money.
As NPR's Richard Gonzales reports, Falcone is also barred from the securities industry for five years.
The aid propping up both sides of Egypt's ongoing political crisis largely comes from regional rivals. Saudi Arabia leads the financial support of Egypt's military rulers. Qatar leads the support of the Muslim Brotherhood. Renee Montagne talks to Max Rodenbeck, Middle East correspondent for The Economist, about funding sources
The Egyptian Exchange was shut down at the end of last week as protests and violence raged in Cairo and elsewhere. It re-opened on Sunday, but trading hours were shortened to give employees more time to get home before curfew. Many foreign investors reportedly pulled out of the exchange earlier this year.
Founded in the mid-19th century, French luxury leather goods maker Moynat became renowned for making traveling trunks for the moneyed set. Though a pioneer in its field, it fell on hard times and closed its doors in the 1970s.
These days, the fabled company is undergoing a resurrection — turning out limited quantities of luxurious, handmade bags that rely on centuries-old craftsmanship.
On a recent day, Moynat's CEO, Guillaume Davin, leads me up the back stairs of the company's flagship boutique in Paris.
Gov. Robert Bentley says the Alabama Accountability Act is designed to help students in all public schools.
The governor spoke out Monday after the Southern Poverty Law Center filed a federal court suit seeking to block the law. The suit says some impoverished students can't access part of the law providing tax credits for families that move their children from failing public schools to private schools.
Bentley says another portion of the law gives those failing schools the flexibility to make changes and improve.
For a long time, investors aiming for city profits have maintained that the smart money was on emerging markets. Economic growth in Brazil, Russia, India and China, the BRIC countries as they're known, has outstripped opportunities in the U.S. But in recent months, there is evidence that trend is starting to change. NPR's Yuki Noguchi reports investors are turning back to markets in the U.S. and other developed economies.
Originally published on Mon August 19, 2013 8:58 am
The professional connections site LinkedIn is launching a new section of its social network Monday: University Pages targets younger users who want to connect with colleges. More than 200 schools now have profile pages, according to LinkedIn. As part of the new effort, the company also dropped its minimum age to 14 in the U.S.
The new college profiles allow prospective students to see how many of a school's graduates are on LinkedIn, as well as a breakdown of the main fields in which they work. The pages also list the top employers of alumni.
A northern Alabama community college plans to transition from traditional textbooks and offer students more digitally-based education opportunities.
Calhoun Community College president Marilyn Beck told the Decatur Daily (http://bit.ly/15Wd7kU ) 32 courses at the community college will focus on tablet and e-book education materials and students will still have the option to purchase textbooks.