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British Bank Accused Of Hiding Iranian Transactions

Standard Chartered Bank's New York office is accused of laundering up to $250 billion in Iranian funds over the past decade. The bank isn't well known in the U.S. but it does a huge amount of business in Asia, Africa and the Middle East.
NPR

Growing Pains: Nations Balance Growth, Power Needs

India's massive power outage last week points to a major problem for developing nations: supply is struggling to keep up with the growing demand — an imbalance that can affect the reliability of electric grids. Grid catastrophes are rare, but blackouts can be an everyday feature of life.
NPR

The Cheesecake Factory, A Recipe For Health Care?

Renee Montagne talks Dr. Atul Gawande about his article in the upcoming issue of The New Yorker, about whether the health care industry can learn something about service delivery and controlling costs from a restaurant chain.
NPR

Gibson Guitar Settles Case Over Imported Wood

The company was accused of illegally importing ebony and rosewood. It turned the case into a high-profile debate about government regulation. But now it has settled and agreed to pay penalties.
NPR

Gibson Guitar Settles Criminal Case Over Exotic Wood Imports

The company was accused of illegally importing ebony and rosewood. It turned the case into a high-profile debate about government regulation. But now it has settled and agreed to pay penalties.
NPR

Purists Sniff As Stink-Free Durian Fruit Seeks A Fan Base

A Thai scientist has been working for 25 years to breed the famous stink out of the tropical fruit so it can fly on airplanes and attract new markets. But breeding out the famous stink will diminish its appeal, say some fans.
NPR

Myanmar's Workers Exercise Rights To Organize

Political and economic changes in Myanmar have fueled a wave of labor unrest in the country also known as Burma. Myanmar is in the very early stages of industrial development and has some of the lowest wages in the world. Wages are unlikely to reach levels seen elsewhere in the region anytime soon.
NPR

Southwest Airlines Rectifies Ticket Billing Error

Refunds are arriving into the bank accounts of Southwest Airlines customers who were billed multiple times for promotional fares booked on Friday. In other business news, the Financial Times reports Wall Street banks are moving to prevent "redenomination risk."

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