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Marketplace Report: Dire Warning to Auto Workers
The president of the United Automobile Workers will have tough words for his membership, according to a report in Monday's New York Times. He plans to tell them that the U.S. automobile industry is facing an unprecedented crisis that will require sacrifices from auto workers. Alex Chadwick talks to John Dimsdale of Marketplace.
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0:00
U.S. speeds up phaseout of incandescent light bulbs in favor of energy-efficient ones
Rules finalized by the Energy Department will accelerate an industry practice to use compact fluorescent and LED bulbs. Consumers could save $3 billion a year on utility bills, the agency said.
Global food prices hit their highest recorded levels last month, driven up by the war
The Food and Agriculture Organization of the United Nations says prices of food commodities like grains and vegetable oils soared in March following Russia's invasion of Ukraine.
Biden asks Congress for $33 billion in aid for Ukraine as war drags on
The amount is more than double the $14 billion in support authorized so far to respond to the Russian invasion, a senior administration officials told reporters Thursday.
Starbucks Bets On a Chinese Expansion
The Starbucks coffee company views China as the fastest growing market for its products outside of the United States. The company already has more than 140 stores in China. As part of this week's series on U.S. relations with China, Steve Inskeep speaks with Starbucks chairman Howard Schultz.
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0:00
Best Buy Cuts Workers Loose from Clock, Desks
One company has abandoned the concept of a regular workday. Best Buy, the giant retailer of electronics, is encouraging much of its corporate staff to work whatever hours they want, and to do so wherever they please. The company says productivity is booming.
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0:00
Brazil Nears Oil Independence
Brazilian oil company Petrobras officially opens its latest deep-water oil platform. The new rig is expected to end decades of Brazilian dependence on foreign oil, and protect the country's economy from oil-price shocks.
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0:00
Echinacea Tests Show Little Effect
Echinacea has been widely used to treat the common cold, but a new study finds the herbal remedy has no effect on the virus that causes the infection or on the illness that results. Past studies have had similar results. But the message doesn't seem to sink in with consumers.
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0:00
Goodie Mob: Come And Get Some 'Soul Food'
Rap music may have started in the Bronx, but in recent years, the South has taken over the airwaves. The latest selection in the You Must Hear This series, in which musicians talk about a piece of music they love, is some early Southern rap from the group that coined the term "Dirty South." Rapper Bun B, of the Grammy-nominated group UGK, says that Goodie Mob's debut album inspires his life and music to this day.
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3:43
Some see hints of McCarthyism in the cultural boycott of Russia
As more and more cultural institutions cut ties with Russian artists and performers, there are questions about whether such actions are effective and ethical.
Major oil companies pull out of once-promising Russia
Announcements from Shell and BP will further hit Russia's tanking economy — and batter its image as a go-to place for oil and gas investments.
'Thank You for Smoking' Displays a Sense of Humor
Los Angeles Times and Morning Edition film critic Kenneth Turan reviews Thank You For Smoking. It is a satirical film about a super-lobbyist for the tobacco industry.
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0:00
Major food company Nestlé will limit its sales in Russia after Zelenskyy's criticism
Nestlé says it will now focus solely on providing essential food, not making a profit. Ukraine's leaders had criticized the company for continuing to do business in Russia weeks after the invasion.
Biden will release more oil to fight high prices
Gas prices have been soaring. President Biden is announcing he will release oil from the Strategic Petroleum Reserve.
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•
3:22
TurboTax maker will pay $141M in settlement over misleading ads for free tax-filing
Under a settlement signed by the attorneys general of all 50 states, Intuit Inc. will suspend TurboTax's "free, free, free" ad campaign and pay restitution to nearly 4.4 million taxpayers.
'Shrek' Leads DreamWorks Into Broadway Battle
Since turning its animated film Beauty and the Beast into a Broadway hit 14 years ago, the Walt Disney Co. has had the stage to itself for large-scale family entertainment. Now DreamWorks is challenging it with Shrek: The Musical. The big green ogre debuts on the Great White Way on Sunday.
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Opportunity, Caution Seen For U.S. Banks As Cuba Rules Ease
President Obama eased restrictions on Cuba this week, including a relaxation of rules barring U.S. banks from doing business there. But banks are awaiting details and are likely to proceed cautiously.
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2:51
Venezuela Is Running Out Of Beer Amid Severe Economic Crisis
The country's largest beer producer, Empresas Polar, halted operations because the government restricted access to imported barley. But the president has pinned the entire food crisis on Polar.
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•
3:40
Bank Of America Profit Doubles In 1st Quarter To $8.1 Billion
The Charlotte-based banking giant earned $8.1 billion in the quarter, equal to 86 cents per share, compared to a profit of $4.01 billion, or 40 cents a share, in the same period a year earlier.
Charlotte Steelmaker Nucor Pledges To Cut Its Greenhouse Gas Emissions
Heavy industries such as steelmaking are the third-largest source of pollution that contributes to global warming and climate change, according to the EPA. Charlotte-based Nucor Corp. is pledging to cut greenhouse gas emissions at its steel plants.
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