WNPR

Business

Updated at 4:21 p.m. ET

Commerce Secretary Wilbur Ross says he will explore other ways to punish a Chinese cellphone manufacturer, after a surprising tweet from President Trump that said the original penalty was too harsh.

Trump tweeted on Sunday that smartphone giant ZTE was losing "too many jobs in China" as a result of U.S. sanctions. He said he was working with Chinese President Xi Jinping to find a solution.

Updated at 1:01 p.m. ET

Treasury Secretary Steven Mnuchin and other top U.S. trade officials ended a round of talks in Beijing on Friday, failing to secure large goals that ranged from cutting the trade imbalance by $200 billion by the end of 2020 to stopping China from targeting U.S. technology and intellectual property.

Both sides say the talks will continue with quarterly meetings.

MGM announced Thursday it plans to open its Springfield, Massachusetts, casino slightly ahead of schedule, on August 24. The news comes amid speculation the casino giant is wavering on its commitment to the project.

Photo Phiend / Creative Commons

Legislative leaders say they may consider a special session to look at potential problems with the state’s tax incentive programs for businesses. An audit of economic development incentives administered by state officials has found inaccuracies in both the level of tax credits and the amount of job creation achieved by the companies that benefited. 

Facebook announced changes to its content review policy Tuesday, adding an appeals process for removed content and releasing the internal guidelines it relies on to make content determinations.

While the social media giant has listed a set of publicly available community standards for several years, the latest update includes the more detailed guidelines that content reviewers use internally when deciding whether to allow or remove posts.

c-George/iStock / Thinkstock

Whether you’re young or old(er), has retirement planning got you swimming in a sea of dollar signs and question marks? Have no fear!

This hour, we look at best practices to help keep your head above water and make the most of your financial future. 401(k)s, Roth IRAs… we check in with a certified financial planner and take your calls, tweets, and emails.

Plus: learning to save at an early age. We hear how a series of local “reality fairs” is teaching Connecticut’s high school students the value of financial literacy. 

Join the conversation on Facebook and Twitter.

New Vermont Distillery Run By Veterans For Veterans

Apr 12, 2018
Courtesey of Danger Close Craft Distilling

It’s getting easier and easier to find top-notch, handcrafted whiskey, bourbon, vodka, and other spirits made right here in the United States. With more than 1,500 craft distillers across the country, the American spirits movement is on the rise, and in Vermont the industry is booming.

As the Facebook scandal over Cambridge Analytica's misuse of the personal data of millions of users continues to unfold, Facebook is suspending another data analytics firm over similar allegations.

According to reporting by CNBC, Cubeyou collected data from Facebook users through personality quizzes "for non-profit academic research" developed with Cambridge University — then sold the data to advertisers.

After weeks of remaining conspicuously out of sight, Facebook Chief Operating Officer Sheryl Sandberg told NPR's Steve Inskeep that she doesn't know if companies other than Cambridge Analytica exploited users' private data without their consent.

"We don't know," she said, leaning into a black leather swivel chair at the company's headquarters in Menlo Park, Calif., on Thursday.

Sandberg said Facebook has launched an investigation and audit to determine whether user information has been compromised by other firms.

Updated at 1:30 p.m. ET

China is retaliating against the Trump administration's tariffs on Chinese goods, imposing charges of its own Monday on a list of 128 imports from the United States, including agricultural products ranging from fruit to wine to frozen pork.

China's tariffs add fuel to what many economists fear is a burgeoning trade war between the two economic superpowers.

Updated at 4:05 p.m. ET

U.S. stock indexes surged about 3 percent Monday after fears eased of a trade war with China. The two big trading partners reportedly are negotiating to improve U.S. access to Chinese markets.

The Wall Street Journal reported that the U.S. and China have "quietly started negotiating" and that U.S. Treasury Secretary Steven Mnuchin is considering a trip to Beijing for talks.

Firearms manufacturer Remington Outdoor has filed for Chapter 11 bankruptcy protection in hopes of staving off creditors amid a slump in sales and public outcry over gun violence.

Reuters reports that Remington's creditors, including Franklin Templeton Investments and JPMorgan Asset Management, have agreed to exchange debt for equity in the company.

Remington was founded in 1816 in upstate New York and is one of the largest and oldest U.S. producers of firearms. It was bought in 2007 by Cerberus Capital Management for $118 million.

MilkADeal / Flickr

The Thighmaster, the Chop-O-Matic, the George Foreman Grill and the Clapper: Products which are all part of American consumer culture and which were all introduced through infomercials. But as online shopping increases and traditional television watching decreases, are we beginning to see the end of these high-energy, late-night shows?

Updated at 6:45 p.m. ET

A self-driving car operated by Uber struck and killed a pedestrian who was walking her bicycle in Tempe, Ariz., Sunday night. The incident could be the first pedestrian death involving a self-driving vehicle.

The car was in autonomous mode but had a human riding along to take control of the vehicle if necessary, according to the Tempe Police Department. The victim, 49-year-old Elaine Herzberg, was struck while walking outside a crosswalk, police said. She was immediately transported to a local hospital, where she died.

Demand for maple syrup and maple products is growing by about 6 to 8 percent per year globally. The prospect of that kind of return is drawing in investors to Vermont like moths to a flame.

Pages