California Governor Jerry Brown has reached a deal with legislators to overhaul the state's pension system. The changes include capping annual pension payments, requiring new employees to pay 50 percent of their pension costs and raising the retirement age. The package will save the state about $30 billion.
China's economic boom has altered the global economy but its growth is slowing down. Steve Inskeep talks to Beijing-based economist Patrick Chovanec about China's economic troubles, and how that affects the U.S. economy.
ESPN has agreed to pay the baseball association $5.6 billion over the next eight years for broadcast and digital rights to games. That's a record for baseball broadcasting rights, according to Major League Baseball.
Many travelers using United Airlines faced delays Tuesday, but they weren't connected to Hurricane Isaac. Instead, the airline's computer network crashed, leaving large parts of its system paralyzed for several hours Tuesday afternoon.
Last week the website Gawker posted dozen of internal Bain & Company documents and asked the public whether there might be a smoking gun in there somewhere. There are no smoking guns so far, but the documents did revive a debate about how much tax private equity firms should pay.
When you give to WAMU, your tax-deductible membership gift helps make possible award-winning programs such as Morning Edition, All Things Considered, The Diane Rehm Show, The Kojo Nnamdi Show, and other favorites.