Oct 08 AT&T to pay $105 million for 'cramming' customers with bogus charges By Jennifer C. Kerr, Associated Press According to the FTC complaint, AT&T kept at least 35 percent of the unauthorized charges it imposed on customers, who will now be able to get their money back. The multi-agency settlement includes $80 million that will be paid to… Continue reading
Oct 03 Watch Broad-based jobs growth signals stronger U.S. economy, but wages still lag By PBS News Hour Continue watching
Sep 29 Watch Authors take aim at Amazon over fight with publisher Hachette By PBS News Hour Continue watching
Sep 19 Watch Alibaba's stunning American IPO signals confidence in Chinese economy By PBS News Hour Within 10 minutes of its rollout on the New York Stock Exchange, Chinese e-commerce company Alibaba sold 100 million shares and earned $25 billion. Though not a household name in the U.S., it’s extremely popular in China and enjoys close… Continue watching
Sep 15 Watch How engaging diversity made Xerox a company to copy By PBS News Hour Xerox, a $22 billion company, is the first Fortune-500 corporation to have a female CEO. Its commitment to a diverse workforce began in the 1960s, when the founder pledged job opportunities for the African-American community. Economics correspondent Paul Solman explores… Continue watching
Sep 15 It's official: Minecraft game to join Microsoft in $2.5 billion deal By Sarah Corapi Microsoft Corp. confirmed Monday that it has agreed to purchase Mojang, the company behind the popular video game “Minecraft”, for $2.5 billion. The acquisition, which is due to close later this year, could help strengthen Microsoft’s Xbox and mobile businesses. Continue reading
Sep 12 Watch Automakers recall 14 million cars for exploding airbags By PBS News Hour Airbags are a major defense for car passengers in an accident. But airbags supplied by the Takata Corporation to several automakers have been found to rupture or explode after a front crash, causing serious injuries and two deaths. Recalls related… Continue watching
Sep 12 Watch Who's behind the Chinese takeover of world's biggest pork producer? By PBS News Hour Smithfield Foods, the world’s largest pork producer, was acquired by a Chinese firm in 2013 for nearly $5 billion -- more than the company’s market value. The surprising purchase caused some lawmakers to wonder if there might be a hidden… Continue watching
Sep 10 Watch Microsoft considers buying gaming gold mine Minecraft By PBS News Hour U.S. game sales topped $21 billion in 2013, double the amount earned at North American movie theaters. As the influence of the gaming industry grows, Microsoft is making moves to purchase a gaming company that makes Minecraft, a popular, retro-inspired… Continue watching