Business & Education

Business & education news

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Democrats are staging an insurgency of sorts today in the Senate. They're forcing a vote on net neutrality. It's a last-ditch effort to keep Obama-era regulations on internet service providers in place. Here's Senator Ed Markey last week pushing for the vote.

Now that the Supreme Court says it's OK, states are free to legalize betting on sports if they want to. As a once under-the-table economy moves into the open, it creates some large business opportunities — and the potential for millions in new tax revenues.

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It's Infrastructure Week again. Since President Trump came into office, it sometimes feels as though every other week is Infrastructure Week. In some circles, this has become a running joke.

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A woman named Katherine said she was raped by an Uber driver in 2016. Another, named Lauren, said a driver entered her apartment, then raped her last year.

Until now, their claims — and many more like them — could not be made public or filed in court. Uber previously required such complaints be resolved in mandatory arbitration — out of court and behind closed doors.

Interest rates had been falling for most of the past three decades – but two years ago, they started climbing. The yield on the 10-year Treasury note recently climbed above 3%, up from less 1.5% just a couple of years ago.

Among the reasons that rising rates matter is that they have numerous effects on the housing market. Some of these effects are obvious. As interest rates climb, so will mortgage rates, making houses relatively less affordable. Refinancing also becomes less attractive.

Uber riders who experience sexual harassment or assault will now be able to take their claims to court, instead of being forced into private arbitration, the ride-hailing app announced Tuesday.

Uber, like many companies, has a clause in its user agreement — and its employment contract — that requires a person to waive his or her constitutional right to take Uber to court. Instead, disputes are taken before a private third-party arbitrator, who is paid by the company.

Updated at 5:02 p.m. ET

The Gap has apologized for selling T-shirts that depicted what it called an "erroneous" map of China, which showed only the country's mainland — without several disputed regions that Beijing regards as Chinese territories. The U.S. clothing retailer announced that the T-shirt has been "completely withdrawn from the Chinese market and completely destroyed."

When President Trump tweeted a pledge on Sunday to help save China's second-largest telecommunications firm because penalties imposed by the U.S. Commerce Department had cost too many Chinese jobs, many were left slack-jawed to hear such words coming from the "America First" president.

But the case of ZTE highlights the importance of high tech in the U.S.-China trade disputes, as well as how the two countries look at the role of government in the economy.

A Sichuan Airlines flight made an emergency landing on Monday after the cockpit windshield abruptly broke, pulling the co-pilot partially out of the Airbus A-319.

The co-pilot suffered minor injuries, as did another member of the crew, but no passengers were injured. The pilot brought the plane down safely, landing in the city of Chengdu.

The flight had originally been traveling from Chongqing to Lhasa, Tibet.

The pilot, Liu Chuanjian, has been called a hero for the dramatic landing. He described the accident in a news briefing on Monday.

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At least 11 Nike executives have left the company this year over complaints of an uncomfortable workplace that discriminates against women.

The first to go was Nike's president, Trevor Edwards. The announcement came in mid-March that the company's No. 2 is retiring in August after more than 25 years. Edwards had been considered a favorite to succeed CEO Mark Parker.

The next day, it was announced that Jayme Martin, a vice president and general manager of global categories for Nike, was no longer with the company.

The Trump administration announced Monday that it has dramatically increased the number of worksite investigations and audits to make sure that American businesses do not employ people who are in the U.S. illegally.

Pedestrian deaths in 2016 were the highest they've been since 1990. And SUVs were responsible for a growing number of those fatalities.

A new study by the Insurance Institute for Highway Safety found that between 2009 and 2016, pedestrian fatalities increased in nearly every circumstance examined. But among all types of vehicles, SUVs had the biggest spike in single-vehicle fatal pedestrian crashes, and crashes were increasingly likely to involve high-horsepower vehicles.

About three years ago, the Chinese government introduced an economic plan, Made in China 2025. The goal was for China to elevate itself from a middle-income country to a high-income country, upgrading its domestic companies so that they can compete with the most technologically advanced companies in the world. This meant reducing China's reliance on importing certain high-tech goods from abroad, including from the United States.

Health and Human Services Secretary Alex Azar has this pen. It's not all that remarkable looking, but he held it up multiple times Monday at a briefing with reporters.

"This pen," he said, "has a lot of power."

And he said he is prepared to use it.

Azar was making the point that in the area of drug prices, the head of HHS — which runs the Medicare and Medicaid programs and buys about $130 billion in prescription drugs each year — can make a lot of changes in the pharmaceutical market. And he doesn't need congressional approval to do it.

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Google's 'Duplex' Raises Ethical Questions

May 14, 2018

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As robots continue their relentless march towards doing all kinds of things better than humans, we consider this question. Should a bot sound like a human? It's time for All Tech Considered.

(SOUNDBITE OF ULRICH SCHNAUSS' "NOTHING HAPPENS IN JUNE")

As sunrise paints the lower Delaware Bay's intertidal zone, the mudflats take on a metallic shimmer near Cape May, N.J. As visual poetry, it's arresting. But the tide is out — and the clock is ticking.

The receding water has revealed Sweet Amalia Oysters, so oyster farmer Lisa Calvo and her team get to work.

Updated 2:06 a.m. ET Tuesday

The Supreme Court threw open the door to legalized sports betting on Monday. By a 6-3 vote, the court struck down a 1992 federal law that effectively prevented most states from legalizing sports betting.

"Congress can regulate sports gambling directly, but if it elects not to do so, each State is free to act on its own," the court wrote.

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Copyright 2018 NPR. To see more, visit http://www.npr.org/.

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The head of AirAsia, Malaysia's largest airline, has apologized for aggressively backing former Prime Minister Najib Razak, who was ousted in a surprise upset in last week's elections, saying he "buckled" at a crucial moment in the country's history.

Tony Fernandes, who founded the Kuala Lumpur-based low-cost airline in 1993, appeared in a Facebook video to address "my fellow Malaysians."

Copyright 2018 KUOW. To see more, visit KUOW.

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Updated at 4:21 p.m. ET

Commerce Secretary Wilbur Ross says he will explore other ways to punish a Chinese cellphone manufacturer, after a surprising tweet from President Trump that said the original penalty was too harsh.

Trump tweeted on Sunday that smartphone giant ZTE was losing "too many jobs in China" as a result of U.S. sanctions. He said he was working with Chinese President Xi Jinping to find a solution.

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82 Women Walk Cannes Red Carpet In Protest

May 13, 2018

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Copyright 2018 NPR. To see more, visit http://www.npr.org/.

LAKSHMI SINGH, HOST:

President Trump's lawyer, Michael Cohen, was in the spotlight this past week after AT&T confirmed it paid him more than half a million dollars for advice about the administration.

President Trump's goal of achieving "energy dominance" for the United States includes producing more oil and gas on federal land, but new government statistics show a mixed record on this front during his first year in office.

Trump has cast himself as an ally of fossil fuel industries. At a 2017 event he told energy industry leaders, "You've gone through eight years of hell," referring to the time former President Obama was in office.

Copyright 2018 WWNO - New Orleans Public Radio. To see more, visit WWNO - New Orleans Public Radio.

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Caracas resident Barbara Rojas used to have a coveted position at Venezuela's state-run oil company, the kind of job that not so long ago people would hang on to until retirement due to the generous pay and benefits.

But in February, Rojas quit her job as an office administrator. She was disgusted that hyperinflation and the collapse of Venezuela's currency had rendered her wages nearly worthless. Rojas points out that nearly half of the 149 people in her office have walked off the job.

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