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Apple Invests $1 Billion In Chinese Ride-Hailing Company Didi Chuxing

Apple is investing $1 billion in Chinese ride-hailing service Didi Chuxing. Apple Chief Executive Tim Cook says the move will help the company gain a better understanding of the Chinese market. In China, Didi already leads Uber, so this investment sets the stage for a big competitive battle between Apple and Uber.
NPR

Global Banks Warned To Review Security Systems After Major Cyberattack

Banks around the world are being warned to review their computer security systems. SWIFT, the Brussels-based organization that facilitates bank-to-bank transfers, told banking clients of another cyberattack, this time on a commercial bank. In February, hackers managed to steal $81 million from the central bank of Bangladesh.
NPR

National Contest Spurs Economic Growth In Nigeria

It's especially hard for developing countries to create jobs and foster small businesses to promote growth. But Nigeria took a risk on a massive national contest to find thousands of people with ideas for businesses and did something radical. It gave away millions of dollars to thousands of people who asked for it — and it worked. It is a rare success story for bold economic development programs.
NPR

New Cyberattack Evidence Of A 'Highly Adaptive Campaign Targeting Banks'

Thieves stole $81 million from Bangladesh's central bank in February using the SWIFT messaging network. Now, a second bank has been attacked in a similar fashion.
NPR

In 9 Out Of 10 Cities, Middle-Income Families Are Slipping Away

A new study by the Pew Research Center shows the share of middle-income households is shrinking. That's because more households are moving into the upper class, while others are sinking lower.
NPR

Politics In Real Life: Should Americans Be Auto-Enrolled In Retirement Plans?

The United Kingdom and a majority of states in this country have advanced an idea to get more people saving on their own for retirement, without even thinking about it.
WAMU 88.5

Competing Political Visions For America’s Coal Workers

Coal mining companies in Appalachia have been steadily laying off workers and closing down. Hillary Clinton and Bernie Sanders promise to bring new economic opportunities to the area. Donald Trump says he can revive the industry: Join us to discuss competing visions for America's coal workers and the future of the region.

WAMU 88.5

Homelessness Ticks Up In Region, Largely Because Of Affordability Crisis In D.C.

Despite decreases in the number of homeless people in seven of the nine jurisdictions that make up the Washington region, the overall homeless population ticked up five percent from 2015 to 2016, driven largely by the District and in Frederick County.
NPR

Treasury Secretary Assesses Human Impact Of Puerto Rico's Debt Crisis

Jack Lew visited schools and hospitals to highlight the problems the crisis is causing for residents. He's pushing Congress to pass legislation to help the island restructure its $70 billion debt.
NPR

Study: Sanders' Proposals Would Add $18 Trillion To Debt Over 10 Years

His single-payer health care plan would cost an estimated $32 trillion, according to the Tax Policy Center. And it's not balanced out enough by tax increases.

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