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GM Posts Disappointing Fourth-Quarter Earnings

The Detroit automaker's earnings fell far short of Wall Street expectations and were in sharp contrast to its chief rivals, Ford and Chrysler.
NPR

Weekly Jobless Claims Dip; Will Unemployment Rate Do The Same?

Fewer Americans applied for unemployment insurance last week. But Friday's much-anticipated report on payroll growth and unemployment in January may not offer particularly good news, economists say.
NPR

A Venture Capitalist Is Betting A Pair Of Socks (And $50 Million) On Bitcoin's Future

A leading investor thinks bitcoin is going to change the world. A prominent writer disagrees. They make a bet about what we'll be using for money in 2019.
NPR

Satya Nadella Replaces Microsoft's Retiring CEO

Nadella replaces Steve Ballmer, who announced last summer that he'd retire once a replacement was found. Nadella, Microsoft's third CEO, has been with the company for 22 years.
NPR

CVS Caremark Drops Tobacco, Wants To Be Your Health Provider

Smokers are shrugging off the announcement that CVS will stop selling tobacco products. The company announced the move on Wednesday as part of a strategy to promote healthy choices. But more than half of cigarettes are sold at gas stations, so the company's decision is unlikely to have much of an impact on access to tobacco.
NPR

David Beckham Wants Miami To Embrace Soccer

Soccer star David Beckham is bringing a Major League Soccer team to Miami. He made the announcement on Wednesday in downtown Miami, not far from a site he and his partners are looking at for a stadium. Miami, however, is a city where Major League Soccer has tried — and failed-- before.
NPR

Regulators Examine Allegations Of Currency Manipulation

Wall Street's currency markets are under scrutiny. New York's top financial regulator is looking at whether traders at some of the street's biggest firms shared information with each other in a bid to manipulate exchange rates.
NPR

U.S. Olympians Are Without Their Greek Yogurt

Chobani, a Team USA sponsor, has decorated its containers of Greek yogurt in honor of the Olympics. But shipments of Chobani haven't made it to Sochi. Russian officials say the company failed to complete the necessary paperwork to allow the yogurt to enter the country.
NPR

Twitter Shares Drop After Earnings Report

The social media company announced its first earnings report since becoming a publicly traded company. Shares dropped about 17 percent after the company reported a sharp decline in new users.
NPR

Reining In Health Care Costs Key To Trimming Deficit

The Congressional Budget Office said this year's deficit is likely to be about a third the size it was in 2009, when the Great Recession bottomed out. A better economy is the main reason for the improving deficit, but moderating health care costs help.

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