October 15, 2013 Banks use credit scores and similar metrics to assess creditworthiness. A company called Kabbage that lends working capital to small businesses does some of that but also relies on unconventional measures, using real-time data from things like UPS shipments, eBay, Facebook and Twitter.
October 14, 2013 The International Herald Tribune was once instrumental in keeping American expatriates up to date on their homeland. On Tuesday, the newspaper will bear the name The International New York Times.
October 14, 2013 NCPRIn early July, a train carrying American crude oil derailed and exploded in the heart of a small Canadian village. The deadly accident in Lac-Mégantic, Quebec, and its aftermath have triggered a wave of lawsuits and a sweeping review of rail safety standards in the U.S. and Canada.
October 14, 2013 TURNSTYLEA new movie documents how an Indian entrepreneur created a cheap machine to make sanitary napkins for rural women on the subcontinent. Women whose self-help groups buy Arunachalam Muruganantham's machine can make more than a dollar a day — close to a global poverty line threshold — selling the pads.
October 14, 2013 Three economists won the Nobel for their work on the prices of stocks and other assets. Two of the winners have very different views about bubbles.
October 14, 2013 The Royal Swedish Academy honors U.S. professors Eugene F. Fama, Robert J. Shiller, and Lars Peter Hansen "for their empirical analysis of asset prices."
October 14, 2013 Eugene Fama, Lars Peter Hansen and Robert Shiller won the 2013 economics prize for their work on developing new methods to study trends in asset markets. Fama, 74, and Hansen, 60, are associated with the University of Chicago. Shiller, 67, is a professor at Yale University.
October 14, 2013 SDPBWhat's being called one of the worst storms in South Dakota's history has killed tens of thousands of cattle. Ranchers need to bury the piles of carcasses littering the fields. The disaster comes amid the government shutdown that closed USDA programs aimed at helping livestock producers recover.