Tag: business

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Spain considers Vegas-like project to jumpstart flagging economy

Billionaire American casino magnate Sheldon Adelson has a plan to jumpstart Spain's slow economy: Vegas. No, he's not taking the national fortune to the craps table -- he wants to build a Vegas-style resort in Madrid. He says it will draw 10 million people per year....
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Company in Prague turns to homeless people to show city's less-seen side

Prague is a major tourist draw in Europe's Czech Republic. But, like much of Europe, the city and country have its share of economic problems, which are contributing to a rise in homelessness. But one tourism company is harnessing that and hiring the homeless as tour guides. And they have a distinctly different point of view....
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In the wake of iPhone 5, is Apple's mystique causing it as much trouble as benefit?

Apple made waves with its iPhone 5 unveiling Wednesday — but perhaps not the waves it has at some of its previous launches. Are expectations too high for Apple, or is the company just not delivering like it used to? And, really, does it even matter?...
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Amid rising costs, West Bank residents protest against Palestinian Authority

Residents of the Palestinian West Bank are restless after a series of moves have dramatically raised their cost of living while wages are not being paid. Several protests have been held, leading Palestinian leaders to promise changes....
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Texas toll road debuts new 85 mph speed limit -- tops in the land

Drivers in Texas headed from Austin to San Antonio have a choice: take the free Interstate Highway 35 at 75 mph or jump on the new, privately operated toll road at 85 mph. But some folks have raised eyebrows over how that speed limit was set -- and what the state got for setting the highest speed limit its ever granted....
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Research into genetic modification of trees may enable more deforestation

Scientists are studying how to genetically modify desirable trees in order to make them more commercially beneficial. They say it will allow us to grow more productive trees on less land, protecting natural forests -- but environmentalists say it will just increase deforestation by giving businesses something better to do with the land....
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Shell's Arctic drilling plan delayed by environmental concerns

Shell is ready to start drilling for oil in Alaska’s Chukchi and Beaufort seas. But environmental concerns and regulatory hurdles have chilled the oil company’s plans....
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Best hope for Palestinian economic growth, a political solution with Israel

Palestine's economy suffers under the weight of the long-running Israeli occupation. And while it's resumed growth, that growth is tied to foreign aid. Economists say to achieve true stability, it needs a vibrant private sector economy -- and that requires a peace agreement with Israel....
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U.S. economy shows mixed signs -- adds 163,00 jobs, but unemployment rate rises

It was a mixed bag Friday morning when the latest labor report was released. Jobs were up, but so was unemployment. And both Republicans and Democrats were moving to capitalize politically on the mixed message. One bright point, though, was that manufacturing jobs are growing faster than at any point in almost 30 years....
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Public Radio International acquired by Boston public broadcaster WGBH

With funding tight and a desire to innovate in digital, Public Radio International has agreed to be acquired by WGBH, in an effort to have greater scale and greater impact. PRI will remain operationally independent, but an affiliated company of WGBH....
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