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As People Head Into Space, PayPal Says It Will Follow Them

Many people know how to buy things in cyberspace. But what about doing business in outer space? That's the question PayPal wants to answer. Citing the looming era of space tourism, the company is starting the Galactic project with the SETI Institute, to "make universal space payments a reality."
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The High Price Of College Tuition

Tuition is at record levels at both public and private colleges and universities: Why college is so expensive and what can be done about it.


Rosie The Robot Won't Serve Your Food, But She'll Pick It

Labor-starved farmers are now eyeing lettuce-picking robots to help with the harvest. But more robots on the farm could also spell trouble for smaller producers that can't afford them.

Angry Chinese Workers Resort To Direct Action

The U.S. executive of a Chinese factory was prevented by workers from leaving the facility following a decision to shut down part of the business and move the some jobs to India where wages are lower. The story shows how widespread labor-related strife is in the world's most populous nation, and how the bottom line dictates where jobs go.

Coal Industry Concerned By Obama's Climate Change Plans

President Obama on Tuesday announced a wide-ranging plan to address climate change. Rather than taking it to Congress, Obama is implementing the plan on his own. The president wants the Environmental Protection Agency to restrict carbon dioxide emissions from power plants. The biggest source of those emissions is coal-fired facilities.

Some Tech Companies Find Ways Not To Hire Americans

Employers looking to hire foreign workers must prove they looked for American workers first. But some immigration law firms show employers how to recruit Americans without actually hiring U.S. workers. This kind of "faux recruiting" is common knowledge in the tech industry.

Real Estate Sizzles Again In Las Vegas

High-paying investors have helped the market to bloom in the desert city that once ranked as the foreclosure capital. Even homeowners who thought they were underwater are benefiting. One owner says her home's value increases by about $1,000 every two days. That, she says, is the craziness of Vegas.

The Last Word In Business

David Greene and Renee Montagne have the Last Word in business.

Sprint Shareholders Approve SoftBank Merger

Sprint Nextel shareholders have signed off on an offer from Japan's SoftBank to acquire a majority stake in the U.S. wireless carrier. The deal which is expected to be approved by U.S. regulators could bring more robust competition to the U.S. mobile market.

Senate Bill Would Do Away With Fannie Mae, Freddie Mac

It has been more than five years since the collapse of Fannie Mae and Freddie Mac forced the government to move the mortgage giants into conservatorship. Congress is finally starting to grapple with what comes next.