David C. Hughart, former president of a Massey Energy subsidiary, is pleading guilty. The charges relate to a corporate culture that investigators say contributed to the nation's worst mine disaster in 40 years. Twenty nine miners died at one of Massey's West Virginia mines in a 2010 explosion.
The Monday after Thanksgiving is known as Cyber Monday because of all the online shopping deals that are offered up. And this year, online retailers had a field day. A survey by IBM of 500 online businesses found sales jumped 30 percent over last year, as millions of people went online to get their fix of holiday gadgets.
Hewlett Packard says it is doing an "intense internal investigation" into its disastrous acquisition of the British software company Autonomy. HP claims it was deceived by Autonomy about the health of the firm's finances. The deal is causing HP to take an $8.8 billion charge against earnings. Autonomy's former CEO has challenged HP to spell out any improprieties it's found.
Lithium battery sales have fallen dramatically in recent years, as people adopt more and more rechargeable devices. The decreasing need for the batteries has prompted Energizer to close three U.S. plants, including one in northern Vermont.
Hong Kong is trying to cool its housing market, so investors are looking for other places to put their money. One Hong Kong developer recently sold 500 spaces for $167,000 each. The $88,000 spot goes on the auction block Thursday.
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.