Economists blame the slump in exports on a stronger yen, the global economic slowdown and ongoing problems from last year's earthquake and tsunami. Shipments were down 9.3 percent compared with a year earlier.
The Miami Boat Show, which is held on Presidents Day weekend, always promises a look at nice, new toys. This year, the show is aiming at the rich and fabulous yachting set. One of the new "yacht toys" being demonstrated: a personal submarine for just $50,000.
The resolution of the Greek debt crisis will depend, in part, on whether bondholders can be persuaded to take big losses on their holdings. At this point, it appears that most are willing to take their lumps and move on. But if enough of them balk at the settlement, it could tip Greece into default.
As many of the nation's highways continue to deteriorate, the funds to fix them are dwindling. In California, researchers are developing next-generation pavements that are quieter, more durable and more fuel-efficient, all on a tight budget.
Not known as a hotbed of experimentation, the world of publishing has been slow to embrace the transition from print to digital. But in New York this past week, the publishers who gathered were more interested in exploring new ideas than arguing about the death of books.
The national average for unleaded gas has risen to $3.50 a gallon only three times in history. This year's rise to that threshold is the earliest ever, and the Department of Energy suggests that prices could near $5 a gallon by the start of the summer driving season. Weekend Edition Sunday host Rachel Martin talks with Phil Flynn of the futures brokerage PFGBEST.
Created during World War II, the Ad Council has launched one iconic public service announcement after another, from Rosie the Riveter to Smokey Bear. The nonprofit organization turns 70 on Saturday; what better way to celebrate than to take a stroll down memory lane?
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