The project in Arctic waters off Alaska is being pushed back to next year. Oil giant Shell blames a combinations of problems with an oil containment device, drifting sea ice and the need for permits.This is the second delay this year.
Until recently, if you ordered Japanese beer, there weren't many to choose from. But the domination by brewers such as Asahi, Sapporo and Kirin is ebbing. And some longtime sake makers are now devoting part of their breweries to beer.
Lower taxes weren't the only thing that attracted Facebook co-founder Eduardo Saverin when he made his new home in Singapore in May. The World Bank lists Singapore as the easiest place to do business. Increasingly, money and talent are drawn to the city-state's tech sector.
Canada has ended its longstanding resistance to an international treaty calling asbestos a dangerous material, in a decision that reflects a shift in the leadership of Quebec province, home of Canada's asbestos industry.
After a mild winter and a late-April freeze, Michigan's apple harvest was decimated. Less fruit means fewer picking jobs. It also means little to no income from apples in storage that growers rely on to get them through to next year's harvest.
As Americans increasingly rely on cards, not cash, to pay for small items like coffee and snacks, it's not always easy to tip those behind the counter. A new device called the "Dip Jar" might fix that, by allowing customers to dip a card to give $1 to the staff.
Large cuts to the budget will take effect in January if Congress doesn't agree on a spending and tax plan. The White House has said it'll work with lawmakers to avoid the so-called "fiscal cliff," but experts predict a long budget battle. Host Michel Martin speaks with economics reporter Sudeep Reddy and NPR Senior Business Editor Marilyn Geewax.
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