Business and Economy
A Scottish National Park, believed to be home to $300 million worth of gold, will be the home of a new gold mine at some point this year. And while some environmentalists are against the project, most locals are squarely behind it. They say it's a dose of much-needed economic development.
The much-anticipated jobs report from the U.S. Labor Department, out Friday, showed decreasing unemployment levels, but fewer new jobs created in March. It's just another sign that the current recovery is moving forward at a snail's pace....
Car sales are increasing, perhaps because of the gradually improving economy. Also helping push things in the right direction, at least for automakers, subprime buyers are now more able to purchase cars because banks are writing loans for them now. The auto industry is also turning a profit and is struggling to fill all the jobs it has....
In the United States, it's pretty easy to find Mexican mangoes on store shelves. But many say they're nowhere near as good as Pakistani mangoes. Now there's an effort to increase Pakistani mango imports to the United States, but there have been snags....
Media mogul Rupert Murdoch's News Corporation on Wednesday was accused of more criminal activity -- this time in Australia. An Australian newspaper published the results of an investigation that discovered a News Corporation subsidiary may have used piracy to sabotage competitors in the pay TV industry. ...
New economic reports out Thursday morning had good news about the American economy — but not good enough to really push down the nation's unemployment rate. Experts say we'll need much stronger growth, stronger than they're forecasting for the year, to see large and sustained declines in unemployment....
Frank McCourt agreed to sell the Los Angeles Dodgers to a group led by Magic Johnson for a record two billion dollars Tuesday night. The purchase will cost nearly $860 million more than the price McCourt to buy the Dodgers from News Corp in 2004. The deal is pending approval from a US bankruptcy judge....
As Greece tries to recover from the bailouts, the failed economy and the austerity measures, a small group of protesters have gathered outside the European Central Bank in Germany to criticize the measures that bank has insisted on in order for Greece to access the bailout funds it needs....
Long-term unemployment numbers are the highest they've been since the Great Depression. Unfortunately, it is still difficult to find a job in this economy, and experts are predicting that’s not going to change anytime soon....
In Greece, the economic downturn and debt crisis has forced an increasingly large number of people out on the street. The government shelters can't do enough, so it's left up to private groups. And they're struggling to meet the burden....
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- Chinese land reform efforts move ahead with more fits than starts
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- Activists call for renewal of diplomatic relationship between Iran, U.S.
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- Public Radio International acquired by Boston public broadcaster WGBH
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- Susan G. Komen foundation reverses decision to defund Planned Parenthood
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