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Preview: NPR Topics: Business

Business : NPR

Find the latest business news with reports on Wall Street, interest rates, banking, companies, and U.S. and world financial markets. Subscribe to the Business Story of the Day podcast.

Last Build Date: Fri, 20 Apr 2018 16:20:00 -0400

Copyright: Copyright 2018 NPR - For Personal Use Only

Wells Fargo Fined $1 Billion Over Mortgage And Auto Loans

Fri, 20 Apr 2018 16:20:00 -0400

Wells Fargo will pay a $1 billion fine to settle claims that it had taken advantage of mortgage and auto loan customers. Federal regulators also said the bank did not have adequate compliance or risk management programs.

The New Bond Villain

Fri, 20 Apr 2018 16:01:38 -0400

Concerns about the yield on the 10-year Treasury note going above three percent are overblown.

Wells Fargo Hit With $1 Billion In Fines Over Home And Auto Loan Abuses

Fri, 20 Apr 2018 09:12:00 -0400

Some consumers were charged too much to extend the lock on their mortgage interest rates, and the bank's mandatory insurance program added unneeded costs and fees to borrowers' auto loans.

For One Fine-Dining Chef, Cutting Food Waste Saves The Planet And The Bottom Line

Fri, 20 Apr 2018 08:00:00 -0400

After nearly going bankrupt, chef Tim Ma cut costs by cooking creatively with every last bit of ingredients. Some dishes born of frugality have become favorites at his acclaimed D.C. restaurant.

National Teachers Union Cuts Ties With Wells Fargo Over Bank's Ties To NRA, Guns

Fri, 20 Apr 2018 05:24:43 -0400

The American Federation of Teachers, the largest teachers union in the country, says it's ending its relationship with Wells Fargo because the bank does business with the gun industry and the NRA.

Reports: Well Fargo To Be Fined $1 Billion

Fri, 20 Apr 2018 05:11:00 -0400

Federal regulators will reportedly fine Wells Fargo $1 billion for forcing consumers to buy insurance policies they didn't need and other offenses.

8 Years After Deepwater Horizon Explosion, Is Another Disaster Waiting To Happen?

Fri, 20 Apr 2018 05:00:00 -0400

Eight years after the deadly Deepwater Horizon explosion, a safety watchdog aims to prevent another disaster. But it faces multiple challenges, and a shift in focus under the Trump administration.

Tariffs On Canadian Newsprint Choke Already Troubled American Papers

Thu, 19 Apr 2018 19:00:07 -0400

"It's like little by little, more and more, the life of the newspaper is leaving," laments Avis Little Eagle, who publishes a paper on the Standing Rock Indian Reservation.

Men Arrested At Philadelphia Starbucks Speak Out; Police Commissioner Apologizes

Thu, 19 Apr 2018 17:01:01 -0400

Commissioner Richard Ross said he was taking responsibility for making the incident "worse," after initially saying officers did nothing wrong.

For One California Company, Trump's Tariffs Have Unintended Consequences

Thu, 19 Apr 2018 17:01:00 -0400

The administration says the steel and aluminum tariffs will raise costs just slightly. But in a low-margin business like canned goods, a little extra cost can take a deep bite out of profits.

AT&T CEO Says Proposed Merger With Time Warner Would Benefit Everyone

Thu, 19 Apr 2018 16:42:00 -0400

The U.S. Justice Department is opposing the proposed merger of AT&T and Time Warner arguing it will weaken competition and harm consumers. AT&T CEO Randall Stephenson took the stand Tuesday to argue that the merger will benefit both the companies and the public.

Amazon vs Trump Goes Postal

Thu, 19 Apr 2018 15:52:35 -0400

President Trump's objection to Amazon's deal with the Postal Service is based on dodgy data.

Veterans-Turned-Brewers Help Others Who Served Develop New Skills

Thu, 19 Apr 2018 11:35:03 -0400

Vermont veterans cook up a brewery and a bourbon distillery that not only lifts spirits, but gives back to the community and creates a model that may encourage other vets to try entrepreneurship.

Sanctions Targeting North Korea Ripple Into Russia

Thu, 19 Apr 2018 10:19:00 -0400

Sanctions require Russia to expel about 30,000 North Korean migrant workers. In this city in Russia's Far East, some business owners say they will be sorely missed.

After Alert On Russian Hacks, Bigger Push To Protect Power Grid

Thu, 19 Apr 2018 07:29:00 -0400

Homeland Security and the FBI have blamed Russia for a series of cyberattacks on U.S. power plants. The industry is stepping up efforts to protect the electric grid.