Business | WAMU 88.5 - American University Radio


RSS Feed

Corzine Apologizes, Defends Actions Of MF Global, May Invoke Fifth

The former senator and governor of New Jersey will be back in Congress to testify about the collapse of the investment firm he led and an estimated $1.2 billion in clients' money that's missing. He says he doesn't know where the money is.

Boeing Labor Deal Keeps 737 Work In Washington

Union machinists voted overwhelmingly to approve a new labor agreement with the company Wednesday night. Under the four-year contract extension, Boeing promises to manufacture its popular 737 jet at an existing plant in Washington state. With that, the union is dropping its high-profile complaint against the company for shifting some work to a nonunion plant in South Carolina.

Houston's Health Clinics Struggle To Meet Demand

A new study documents the increasing crush of patients turning to free public clinics in the Houston area. Officials there are worried because they expect even more people to seek care when the Affordable Care Act, the federal health law, takes effect in a little over a year.

Fallout From India's Failed Foreign Retailer Plan

Linda Wertheimer speaks to Andrew MacAskill, Bloomberg News India correspondent, about New Delhi's failure to adopt a new law that would have allowed multinational retailers into the country and, hopefully, transform an inefficient and outdated industry. It's a huge political setback for the government, and a huge disappointment for retailers who've been licking their chops at the prospect of tapping India's consumers. But Walmart still has plans to expand in India.

Pantone's Choice Color For 2012: 'Tangerine Tango'

The gurus of the annual fashion palette have uttered their decree on what color will dominate clothing, accessories and home decor next year. According to the Pantone Color Institute, the world needs a color to recharge us and move us forward. Tangerine Tango, a reddish-orange hue, "emanates heat and energy," says a Pantone executive.

When 'Critical Access Hospitals' Aren't So Critical

Efforts to cut federal spending are targeting a program that gives higher Medicare reimbursements to small hospitals in rural areas. Some observers say the program has gotten so big, it's propping up hospitals that are neither critical to a community nor isolated.