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Business Story of the Day: Episodes

Supercomputers have become a critical tool for scientists. Each year, they get bigger and faster — and use a lot more power. Soon, each one will need as much energy as a small city. That has researchers looking to reinvent the supercomputer — by using the technology inside cellphones.
The small and poor Rhode Island city of Central Falls will likely go into bankruptcy if it can't cut a deal with city workers and pensioners. The receiver running the city gave them two options: take the cuts to pension checks and health care benefits, or risk losing even more in bankruptcy court. Because ...
Jonathan Kaplan, a self-described "serial entrepreneur," has moved from his Flip camera venture to a chain of grilled cheese restaurants called The Melt. He sought out everyday Americans and discovered their reaction to grilled cheese was pretty much the same: They love it.
Commissioners in Jefferson County, Ala., are expected to vote Thursday on whether to declare the largest municipal bankruptcy in U.S. history. The county, which is home to Birmingham — Alabama's largest city — owes more than $3 billion in debt taken out to upgrade its sewer system.
McDonald's is using social media and mom bloggers to reach people it considers to be "influencers." It's developing an invite-only community for the most influential bloggers — inviting them to behind-the-counter tours, visits to headquarters and trips to farms that supply the restaurant chain's food.
A bill has been introduced in Congress to kill the troubled dollar coin program. Unwanted dollar coins are piling up in Federal Reserve vaults around the country, costing taxpayers hundreds of millions of dollars. The program was designed to whet the public's appetite for dollar coins. But it's been a flop.
The Boggsville Boatel, a DIY tourist destination in Queens, N.Y., is made up of five refurbished boats that sit at a marina on Jamaica Bay,right under the flight path of airplanes taking off from JFK Airport.
Rates don't have to spike that high to cause big problems. That's because with the size of the national debt right now, nearly $15 trillion, any increase will start siphoning mind-boggling amounts of money out of the treasury.
The stock market overall is up about 9 percent so far this year — in large part because corporate profits are doing well. But the unemployment rate is a bit higher than at the beginning of the year. Steve Inskeep speaks with David Wessel, economics editor of <em>The Wall Street Journal</em>, about ...
People needing a locksmith sometimes find their calls answered by an out-of-state phone bank — which then sends a swindler out on the service call. The con men are listed in the phone book and online — and that's a problem for genuine locksmiths.
Borders is closing after failing to find a buyer that wants to run the bookstore chain. The bankrupt firm will be liquidated. Some stores will close as soon as Friday.
Google has rolled out its latest venture into the world of social media: Google Plus. Steve Inskeep talks to journalist Jennifer 8 Lee about the newest social network.
The release of the last Harry Potter film marks the end of an era not just for fans but also for a major movie studio and other players in a multibillion-dollar business empire. How will they fill the gap left by the loss of such a long-running franchise?
As negotiations continue over the nation's deficit and debt ceiling, Thomas Hoenig is calling on the Federal Reserve to raise interest rates. Hoenig, president of the Federal Reserve Bank of Kansas City, says low rates have helped big banks but they're not allowing average people to save. Hoenig talks ...
The Rhode Island city of Central Falls is sliding closer into bankruptcy. The state won't give the cash-strapped city money to pay its bills for the fiscal year that just ended, and the city is entering the new fiscal year nearly $5 million in the hole.
In Europe, politicians are still arguing over a second bailout plan for Greece. They're also trying to stop investor panic from spilling over to other economies in the eurozone — specifically Italy and Spain. Zanny Minton Beddoes, of <em>The Economist</em>, talks to Mary Louise Kelly about the European ...
In recent years, Brazil has flexed its economic muscles and gotten the world's attention. But Brazil has also turned heads by reducing poverty for tens of millions of people. Now the country's new president is on a crusade to eliminate extreme poverty. Much of the government's efforts are centered in ...
A rise in the global price of silver is hurting Native American artists like Floyd Lomakuyuaya of the Hopi Reservation. The spike is threatening not only their livelihoods, but also part of their cultural heritage.
Rising gold prices are leading to a new gold rush, attracting companies to remote mountain and desert areas like Mesquite in California's Imperial Valley. There's no pick-axing or panning at one 19th-century mine here; the mining company has turned to more complex methods to extract whatever gold is ...
A power struggle for control of Cedar Fair, which controls several of America's best-known amusement parks, comes to a head Thursday. Small shareholders might be the deciding factor in the Ohio-based company's fate.
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