Business & Education

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Copyright 2018 NPR. To see more, visit


Copyright 2018 NPR. To see more, visit


Updated at 5:20 p.m. ET

A former adviser to President Trump sold off $31.3 million in stocks he owned in a steel-dependent company, just days before the president announced hefty tariffs on foreign-made steel.

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Google is facing diverse diversity lawsuits.

A former employee is suing the company for allegedly discriminating against white and Asian male applicants as it tries to boost the number of black, Latino and female staffers.

It's a long way, metaphorically speaking, from the campus of the Culinary Institute of America in Hyde Park, N.Y., to the Sonic Drive-In burger joints that line America's highways and small towns, particularly in the South.

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A defiant President Trump tweeted on Friday, "trade wars are good, and easy to win."

Trump may have fired the opening shot this week when he announced plans to impose stiff tariffs on imported steel and aluminum.

In this battle, as with any war, some people get the spoils while others get caught in the crossfire.

The tariffs are intended to protect America's domestic steel and aluminum industries, which Trump said "used to be a lot bigger."

Like all oil well owners, Jason Bruns watches the oil market closely. When crude hits a certain price, he'll either switch a pump on - if prices are rising - or turn it off, if they're not.

Right now oil prices are at a bit of a sweet spot for small producers like Jason. Pumpjacks all over the country are being switched on. Consumers may not like rising oil prices much, but they're a sign the economy is doing better.

Beer, cars, baseball bats, airplanes: These are a few of the products that could face price hikes when new tariffs on imported steel and aluminum go into effect.

The move announced by the president on Thursday is intended to bolster the domestic steel and aluminum industries. Trump said that imported steel will face tariffs of 25 percent, and aluminum will face tariffs of 10 percent.

Copyright 2018 NPR. To see more, visit


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Editor's note: Following sharp criticism of how this MIT study was conducted, its authors say they will redo their analysis. Uber chief economist Jonathan Hall gives his assessment of the "inconsistent logic" leading to an undercount of hourly earnings and "a major error" in the conclusions in this post.

President Trump's promise to impose hefty tariffs on U.S. imports of steel and aluminum sent markets around the globe into a tailspin and prompted anger and threats of retaliation from major U.S. trading partners, raising the specter of a full-fledged trade war.

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Copyright 2018 NPR. To see more, visit


Copyright 2018 NPR. To see more, visit


Republican lawmakers in Georgia made good on a threat to eliminate a proposed tax break for Atlanta-based Delta Air Lines, after the carrier declined to reverse a decision to cut ties with the National Rifle Association.

Earlier this week, Delta — the state's largest private employer, with 33,000 workers statewide — was among numerous companies to announce that it would end discounts for NRA members in the wake of the mass shooting that killed 17 people at a Parkland, Fla., high school.

Less than a week after the Weinstein Co. seemed destined for bankruptcy, a deal emerged for an investment group to buy assets from the troubled firm in order to launch a new movie studio that will be led by women.

The deal, between the Weinstein Co. and a group backed by billionaire Ron Burkle and led by Maria Contreras-Sweet, who was in charge of the Small Business Administration under President Barack Obama, is said to be worth more than $500 million, according to Reuters.

The Securities and Exchange Commission has launched a broad investigation into the companies and financial professionals behind many recent initial coin offerings, or ICOs.

The investigation was first reported by the Wall Street Journal and independently confirmed by NPR. According to the Journal, the SEC has sent out "dozens of subpoenas and information requests" in recent months to companies and individuals who have facilitated ICOs.

Tensions at the Trump International Hotel and Tower in Panama City erupted into chaos this week, with teams of security guards attacking each other and police carting off an employee in handcuffs, members of the luxury building's owners association tell NPR.

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Since the late 1990s, inflation — or average prices — has increased by 55.6 percent. But while things like televisions and smartphones have gotten much cheaper in that time, certain other things have gotten much more expensive.

So while some people may be able to afford the latest gadget, certain other things remain out of reach. Today on the show we look at what that tells us about the true cost of living in America in the 21st century.

We know that movies are fiction, but how much are they suspending the reality of the country, and of audiences?

As NPR reports, based on a new study of Hollywood diversity:

Updated at 5:14 p.m. ET

President Trump promised steel and aluminum executives Thursday that he will levy tariffs on imports of their products in coming weeks. He said the imported steel will face tariffs of 25 percent, while aluminum will face tariffs of 10 percent.

"We're going to build our steel industry back and we're going to build our aluminum industry back," Trump told reporters.

Equifax has disclosed that an additional 2.4 million people were impacted by a massive cybersecurity breach last year, bringing the total to about 148 million people.

The credit reporting agency says the new consumers were identified during forensic examination of the breach. They were previously unidentified, the company says, because their Social Security numbers were not stolen.

Employees in South Korea work long hours: 2,069 hours per worker annually – the second-highest among the Economic Cooperation and Development states, after Mexico. In the United States, that figure is 1,783.

Uber wants to get you from your home to your doctor's office and you won't even need to open the Uber app. The company announced Thursday that it's teaming up with health care organizations to provide transportation for patients going to and from medical appointments.

The rides can be scheduled for patients through doctor's offices, by receptionists or other staffers. And they can be booked for immediate pickup or up to 30 days in advance. That means patients without a smartphone — who wouldn't be able to use Uber otherwise — can become Uber customers.

Last year was yet another good one for the U.S. auto industry. Overall, 17.2 million vehicles were sold in 2017 — one of its five all-time best years — and profits were high.

Automakers aren't rejoicing — sales declined about 2 percent after reaching a record in 2016. And, despite a good economy, analysts predict another drop this year.

"I can tell you (we're) coming off a plateau in the last couple of years for sure," says Mark Scarpelli, chairman of the National Automobile Dealers Association.