The New York Department of Financial Services has issued subpoenas to several companies using the virtual currency Bitcoin for more information on how they do business. Audie Cornish talks to Jerry Brito, senior research fellow at the Mercatus Center at George Mason University, about the complications of regulating digital money.
Power companies all over the country are in the process of replacing old residential meters with new digital smart ones. These meters transmit real time data back to the utilities, giving a precise picture of how much electricity customers are using and when. Audie Cornish talks to Severin Borenstein — director of the University of California Energy Institute — about the technology.
William Ackman, a controversial hedge fund manager, has resigned from the board of the J.C. Penney Company. Ackman is Penny's largest shareholder and had been engaged in a public dispute with the board over who should lead the struggling retailer.
Chipotle isn't changing its ban on meat raised with antibiotics after all, despite headlines to the contrary, a spokesman for the Mexican-fast-food chain tells NPR. According to an official statement from Chipotle, the chain's antibiotic ban still stands. For now.
Derision: It's what would usually greet plans for a futuristic transportation system that could take passengers from Los Angeles to San Francisco in 30 minutes. But when the billionaire inventor behind PayPal, Tesla and SpaceX unveils such a plan, the world pays attention.
The railway whose crude oil-carrying train exploded in the center of Lac-Mégantic, Quebec, last month can no longer operate in Canada, the country's Transportation Agency says. The disaster resulted in more than 40 deaths and the destruction of many of the town's central buildings.
The market research firm Nielsen has published a report on the Latina consumer. According to Nielsen, Hispanic women are a key growth engine in the American marketplace. The Latina population is growing while the white, non-Hispanic female population is dropping.
BlackBerry was valued at more than $80 billion back in 2008. Then the iPhone and Android came along and stole its dominance of the smartphone market. Now BlackBerry is worth only about $5.4 billion and its market share is plummeting.
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