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Business Story of the Day: Episodes

Russia and Exxon have reached an agreement that opens the way for oil exploration in the Russian sector of the Arctic Ocean. And it allows the Russians access to projects in other parts of the world, including the United States. David Greene talks to Julia Ioffe, of <em>Foreign Policy</em> magazine who's ...
Just days before he announces new economic proposals, President Obama has nominated a new member to his economic team. If confirmed by the Senate, Alan Krueger will become chairman of the White House Council of Economic Advisers. David Wessel, of <em>The Wall Street Journal</em>, talks to Steve Inskeep ...
The housing crisis has left banks stuck with crumbling, foreclosed houses that they can't resell. In Cleveland, a quasi-government corporation takes over those houses, and the lenders pay to demolish them. The idea may soon take hold in other cities as well.
Some call it an international patent arms race: Technology companies like Apple, Samsung, Nokia and Google are launching lawsuits over competing patent claims related to smartphones and tablets. The lawsuits could bring higher prices, and less innovation.
The down economy has hit Las Vegas especially hard. Now, there's a proposal to implode a new — but never used — hotel tower on the Las Vegas Strip. Renee Montagne talks with Oskar Garcia, the Las Vegas reporter for the Associated Press, about the Harmon Tower and the state of the Strip.
Research In Motion has seen its once-dominant share of the smartphone market eaten away by the iPhone and Android. Bloomberg technology reporter Rich Jaroslovsky tells Renee Montagne that consumers are turning away from BlackBerries, in part, because competitors offer many more apps.
Long before there was Walmart, there was The Great Atlantic and Pacific Tea Co., a giant retailer that used its scale to bring down prices while earning the scorn of independent retailers. Author Marc Levinson looks at the company's lasting impact on the way we buy food.
Apple has been sending out electronic receipts for years. Nordstrom and Patagonia have also made the switch. And this summer, Gap Inc. launched e-receipts at more than 2,600 stores. The receipts, which are sent to customers' email inboxes, are convenient and eco-friendly. But the major plus for stores ...
Bananagrams is an anagram puzzle built for speed — think of Scrabble with no board or complicated scoring. And despite a down economy and heavy competition from smartphone apps, the company that makes the game is thriving.
Express Scripts and Medco Health Services manage the prescription drug coverage that health insurance companies offer to large organizations. The two firms say their plans for a $29 billion merger will help control health care costs for consumers. But will bigger really be better?
Over the last two decades, employers have been shutting down defined-benefit pension plans and steering their workers into 401(k)-type savings plans. But the returns on many of these retirement funds have been dismal for more than a decade.
Would Twitter have succeeded if it had been called Twitch, as it first considered? When it comes to naming your business, there's a lot at stake. A company name is how it connects with consumers, investors and other businesses.
Cinepolis has opened its first luxury theater north of the border in San Diego. The world's fourth-largest cinema chain is the latest Mexican company to enter the U.S. market.
Bloomberg Markets Matthew Miller spent months scouring the globe for billionaires who control big parts of the economy, yet have managed to fly under the radar. He talks to Renee Montagne about his article "Hidden Billionaires."
The Federal Reserve has announced it will hold short-term interest rates near zero until 2013 — a highly unusual decision. Renee Montagne talks to David Wessel of <em>The Wall Street Journal</em> about what Tuesday's Fed announcement means for markets, and the economy.
Spain embarked on an ambitious plan to promote solar energy. But the sector crashed after a huge rush forced the government cut back on subsidies. Now, the sector is rebuilding, but offers a cautionary tale for U.S. efforts to create green jobs.
Spanish and Italian stock markets are leading European markets higher after the European Central Bank signaled it would buy the two countries' bonds in order to lower their borrowing costs. There had been concerns that Italy and Spain would not be able to pay their debts.
Italy is the latest country to be in the cross hairs of investors alarmed by Europe's growing debt crisis. In many ways, Italy's financial situation is quite healthy. But it is being harmed by severe debt problems in neighboring countries and by the inability of European policymakers to act forcefully ...
The 30,000 residents of Marion, Ind., have been through a tough economy. Their mayor, Wayne Seybold, has been there, too, growing up in a trailer park on the factory side of town. He's downsized the city's government and expanded the business community. And his many trips abroad as mayor are paying off.
In parts of the upper Midwest, there's been a rush to mine silica sand. It's a key ingredient in the extraction of natural gas from shale rock, a process known as fracking. Dozens of companies are ramping up production. One Iowa company has hired 50 workers over the past six months.
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