Treasury Secretary Jack Lew announced the government lost $10.7 billion on the deal but saved an estimated 1.5 million jobs in the industry.
The track record of digital products designed for digital privacy has been abysmal — at least until recently. Snapchat, wildly popular among teens, is changing assumptions about young people's desire for digital privacy. But it's not clear whether the trend will stick.
The U.S. exports a billion pounds of used clothes every year. Much of that winds up in used clothing markets in sub-Saharan Africa.
Historian Maureen Ogle's new book examines the rise of our modern industrial meat system by examining its roots — all the way back to Colonial America. There's a fundamental disconnect, she argues, in our demands for both cheap, plentiful meat and an end to factory farms. Something, she says, has to give.
WNYCAs a Dec. 23 enrollment deadline for health insurance that starts Jan. 1 looms, New York state is staffing up its call center and smoothing out the rough spots on its application to meet growing demand. As time runs down, the state is trying to fix technical and design issues that came up when the site debuted in October.
December 8, 2013 California-based Moon Express just unveiled the design for a small robot spacecraft about the size of a coffee table that it says could move about the moon's surface powered only by solar panels and hydrogen peroxide.
December 8, 2013 In December 1993, President Clinton signed the North American Free Trade Agreement into law. Presidential candidate Ross Perot predicted Americans would hear a "giant sucking sound" as Mexico vacuumed up U.S. jobs. Economists say that the worst of Perot's fears never materialized. But opponents still see downsides.
December 7, 2013 MPBNAfter several years of declining shrimp stocks, regulators have imposed a moratorium on shrimping in New England waters. The closure could hurt commercial fisherman and future demand for the Gulf of Maine shrimp, but scientists say the move may be the only way to prevent the population from collapsing.