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NPR

Switzerland's UBS To Settle Rate-Rigging Scandal

UBS has agreed to pay some $1.5 billion in fines to international regulators following a probe into the rigging of a key global interest rate. UBS became the second bank, after Britain's Barclays PLC, to settle over the rate-rigging scandal.
NPR

The Day Instagram Almost Lost Its Innocence

The wildly popular photo-sharing site Instagram nearly caused a user revolt when it revamped its terms of service and privacy policy to suggest it could allow uploaded photos to be used in ads without users' permission. Instagram later clarified its position in an effort to quell concerns.
NPR

Investors, Retailers Shy Away From Guns; Will It Last?

There's nothing like a broad-scale consumer boycott, but companies are responding proactively to rapidly shifting attitudes about guns. Whether consumers sustain anger about gun violence for very long will determine whether there's any real shift in markets.
NPR

Private Equity Group Withdraws Stake In Gun Company After Newtown Shootings

Executives at Cerberus Capital Management, a private equity group, say the Sandy Hook shootings are a "watershed event" and has decided to withdraw its investments in a group of firearms makers, including Bushmaster, Remington and others.
NPR

Coal May Pass Oil As World's No. 1 Energy Source By 2017, Study Says

Coal is poised to replace oil as the world's top energy source — possibly in the next five years, according to the International Energy Agency. The rise will be driven largely by growth in China and India, the IEA says, while the only large decline is seen coming in the United States.

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