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.
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.
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.
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.
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.
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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