WNPR

Business

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.

When President Trump announced that the United States would impose tariffs on steel and aluminum imports earlier this month, European allies warned that they could retaliate. Targets might include classic American exports such as bourbon, blue jeans and Harley-Davidson motorcycles.

Now, the European Union has published a 10-page list of hundreds of U.S. products that could be subject to European tariffs.

Chion Wolf / WNPR

Catherine Smith is Commissioner of Connecticut's Department of Economic and Community Development. This hour, she stops by for an update on the state's economy and manufacturing workforce.

Later, we also check in with Goodwin College President Mark Scheinberg. How is his school training the next generation of manufacturing employees? We find out and we also hear from you. 

Updated 1:04 p.m. ET

The "substantial doubt" that iHeartMedia's corporate leaders expressed around the company's likelihood of surviving another year, mentioned in its quarterly financial report last November, has been put to rest.

While Vermont is by far the highest producing maple syrup state in the United States, 70 percent of the world's maple syrup is made in Québec.

And that's where the benchmark global price for bulk maple syrup — the price paid by processors to Vermont's maple syrup producers — is set each year by a powerful, but legal, cartel.

Alice Collins Plebuch

Unearthing family history -- one saliva sample at a time.

This hour: how low-cost DNA testing helped spawn an industry and, with it, a new wave of genealogical sleuthing.

Ancestry.com, 23andMe, Family Tree DNA -- how far are you willing to go and how much are you willing to spend to better understand your roots? 

President Donald Trump signs a proclamation on steel and aluminum imports.
Joyce N. Boghosian / White House

Last week President Donald Trump announced he will levy tariffs on steel and aluminum imports of 25 percent and 10 percent respectively. And it’s already having an impact on Connecticut companies.

Updated at 4 p.m. ET

When President Trump pulled the U.S. from the Trans-Pacific Partnership, spurning the massive free trade agreement in one of his first acts in the Oval Office, most analysts figured the deal was dead.

MMCT Venture said Monday that the casino in East Windsor could be built within two years. But the project faces several obstacles.
Frankie Graziano / Connecticut Public Radio

The partnership between the state’s two federally recognized tribes began demolition on Monday of the old Showcase Cinemas building on Route 5 in East Windsor. That’s the site of the state’s proposed third casino.

Arthur Caranta / Flickr

They may not look like R2D2 or BB8, but in 2018, robots are an important part of our world.

This hour we talk about ​automation—new advances in “smart” technology during a period of time that’s been dubbed the “Fourth Industrial Revolution.”

A behind-the-scenes look at ESPN's flagship program, SportsCenter.
Rich Arden / ESPN

ESPN has a new president. Disney, which owns the Bristol-based sports cable giant, has named James Pitaro to the job. 

Pages