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An African Trader And The Perils Of Business In China

African traders have congregated around the southern Chinese city of Guangzhou in recent years. For one trader, success came quickly — but it was followed by a rude awakening as he negotiated his deals.
NPR

Federal Reserve To Keep Interest Rates Low

Federal Reserve policymakers wrapped up a two day meeting on Wednesday with an announcement that they intend to keep interest rates right where they are. In a statement, the Open Markets Committee said interest rates will likely need to remain at exceptionally low levels through late 2014.
NPR

The Wal-Mart Dilemma: When Is A Payment A Bribe?

The company's business practices in Mexico are under scrutiny, but prosecuting similar cases under U.S. law has proved difficult. Only two cases involving the Foreign Corrupt Practices Act have gone to court in 35 years.
NPR

Fitch Ratings Upgrades Ford's Junk Status

Ford's credit rating was raised from junk status to investment-grade by Fitch Ratings — it's another step in the company's turnaround. Ford nearly collapsed in 2005. Since then, it has mortgaged many of its assets, even using its blue oval logo as collateral to borrow money. Under the leadership of CEO Alan Mulally, Ford has repaired its balance sheet and improved its vehicle lineup.
NPR

Are Bribes The Norm In Mexico's Business Culture?

Wal-Mart's stock price has fallen sharply this week after The New York Times published an investigative story on how the retailer's rapid growth in Mexico involved systematic bribes. Steve Inskeep talks to Mexico-based business journalist Eduardo Garcia about the Wal-Mart bribery story.
NPR

British Judicial Panel Questions Rupert Murdoch

In Britain Wednesday, media mogul Rupert Murdoch appears before a panel to testify about contacts with leading British politicians at a time when his News Corp. was trying to takeover broadcasting group BSkyB. On Tuesday, Murdoch's son appeared before the same panel.

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