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Business

Two For One: Groupon Replaces CEO Mason With Board Members

Andrew Mason, a co-founder of Groupon, has been ousted by the company's board, one day after a disappointing earnings report. Here, he's seen at a 2012 conference in Germany. Johannes Simon/Getty Images hide caption

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Johannes Simon/Getty Images

The Two-Way

Two For One: Groupon Replaces CEO Mason With Board Members

Groupon co-founder Andrew Mason has been fired as the daily-deal company's CEO, one day after Groupon posted financial results that showed it lost $67.4 million during 2012. Board chairmen Eric Lefkofsky and Ted Leonsis will jointly fill the CEO post on an interim basis.

Texas Study Points To A Longer Natural Gas Boom

A natural gas drilling rig just east of downtown Fort Worth, Texas. A new decade-long study finds the region's Barnett Shale formation has sufficient gas reserves to last another 25 years. David Kent/MCT/Landov/Fort Worth Star Telegram hide caption

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David Kent/MCT/Landov/Fort Worth Star Telegram

Texas Study Points To A Longer Natural Gas Boom

A new study of the Barnett Shale formation in Texas shows that the natural gas reservoir there will last for at least another two decades. "Turns out, what we learned is that there's a lot of good rock left to drill," says geology professor Scott Tinker, the study's author.

Federal Gay Marriage Ban Hurts The Bottom Line, Businesses Argue

Starbucks is among the companies urging the Supreme Court to strike down the federal government's ban on recognizing same-sex marriages. Karen Bleier/AFP/Getty Images hide caption

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Karen Bleier/AFP/Getty Images

It's All Politics

Federal Gay Marriage Ban Hurts The Bottom Line, Businesses Argue

Google, Apple, Facebook and other big names are wading into the same-sex-marriage debate, which will come before the Supreme Court next month. They argue the federal government's ban on recognizing gay unions causes "unnecessary cost and administrative complexity."

U.S. Boss Offers Blunt Critique; French Workers Give Fiery Response

French workers burn tires outside the Goodyear tire factory in Amiens, France, on Tuesday, after Titan CEO Maurice Taylor criticized French workers in a letter addressed to Industrial Renewal Minister Arnaud Montebourg. Eleanor Beardsley/NPR hide caption

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Eleanor Beardsley/NPR

Europe

U.S. Boss Offers Blunt Critique; French Workers Give Fiery Response

The Illinois-based Titan tire company was weighing the purchase of an ailing factory in France. But in a leaked letter, Titan's CEO said the deal was off because the workers were unproductive and the unions "crazy." A war of words has ensued.

How Washington Chose Not To Be Careful With Spending Cuts

Under sequestration, federal agencies don't have the flexibility to choose to spare popular programs or services by making administrative cuts elsewhere. Tatiana Popova/iStockphoto.com hide caption

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Tatiana Popova/iStockphoto.com

It's All Politics

How Washington Chose Not To Be Careful With Spending Cuts

No rational person would try to cut nearly all government spending by a fixed amount, regardless of the individual merit of any given program. That's kind of the point.