Business | WAMU 88.5 - American University Radio


RSS Feed

Amid Budget Squeeze, N.Y. Sells Nursing Homes

In upstate New York, county officials are scrambling to sell off nursing homes that have been taxpayer-funded for generations. Horace Nye Nursing Home in Elizabethtown, N.Y., was part of a wave of privatizations in rural counties across the state.

Low Ratings Force CNN To Find A New Direction

CNN's ratings have hit record lows. The company is still making money thanks to its international presence, but U.S. viewers would rather watch its more opinionated competitors at MSNBC and Fox News. TV critic Eric Deggans of the Tampa Bay Times says CNN should shake things up.

Klout Reworks Online Scoring Formula

The company says it can measure your online influence by using a special algorithm. It has just reworked the way it calculates influence. As it turns out, President Obama now has a higher score than Justin Bieber.

Athletes Use Olympics, Web Followers To Up Deals

Renee Montagne talks to Emily Steel of the Financial Times about Olympic athletes turning gold — into gold. When securing big-money endorsements, it's not just the medals that count, it's the followers and friends, too.

Kentucky, W.Va., To Ship Coal To India For 25 Years

Record low natural gas prices and a warm winter have the coal industry suffering through a tough year. But in India, there is a huge demand for coal. The governor of Kentucky has announced a $7 billion deal that ships coal from Kentucky and West Virginia to India for the next 25 years.

Everybody Always Thinks Inflation Is Higher Than It Really Is

"When prices go up, they notice it. When prices go down, they don't care."