Business and Financial News : NPR

Donald Trump Sues Univision For $500 Million

Univision dropped its broadcasts of Miss USA and Miss Universe, pageants that Trump co-owns. Michael Tercha/Chicago Tribune/TNS via Getty Images hide caption

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Michael Tercha/Chicago Tribune/TNS via Getty Images

Donald Trump Sues Univision For $500 Million

June 30, 2015 • In the suit, Trump claims Univision is attempting to suppress his freedom of speech by dropping coverage of the Miss Universe Pageant, which Trump co-owns.

Communities Get A Lift As Local Food Sales Surge To $11 Billion A Year

Tomatoes at Union South Farmers Market in Madison Wisconsin. Patrick Kuhl/Flickr hide caption

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Patrick Kuhl/Flickr

Communities Get A Lift As Local Food Sales Surge To $11 Billion A Year

June 30, 2015 • The U.S. Department of Agriculture says local food is growing quickly from a niche market into something that's generating significant income for communities across the country.

Debate Begins: New OT Rules Will Raise Wages — Or Kill Jobs

President Obama has proposed a rule requiring requiring overtime pay for more workers. The plan has drawn fire from many employers. Pablo Martinez Monsivais/AP hide caption

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Pablo Martinez Monsivais/AP

Debate Begins: New OT Rules Will Raise Wages — Or Kill Jobs

June 30, 2015 • The Labor Department plans to change a rule so that 5 million more Americans will be able to collect overtime pay. Business groups say the change will hurt hiring, but labor groups are applauding.

Export-Import Bank Set To Expire At Midnight After Congress Fails To Act

June 30, 2015 • The bank, which helps finance trade deals for U.S. companies, needed reapproval by June 30. Now it is living on borrowed time, after an anti-crony capitalism campaign driven by conservative groups.

Export-Import Bank Set To Expire At Midnight After Congress Fails To Act

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Obama Proposes Expanding Overtime Pay To Nearly 5 Million Workers

June 30, 2015 • The White House is proposing new rules that will boost the number of people eligible to receive overtime pay. The rules are facing opposition from the retail and restaurant industries.

Obama Proposes Expanding Overtime Pay To Nearly 5 Million Workers

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How Default Could Push Greece Out Of The Eurozone

People wait in line to withdraw euros from an ATM after Greece closed its banks Monday in Athens. Milos Bicanski/Getty Images hide caption

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Milos Bicanski/Getty Images

How Default Could Push Greece Out Of The Eurozone

June 30, 2015 • After missing a loan payment, Greece is one step closer to the possibility of quitting the euro, analysts say. And, they say, the crisis poses a danger to the eurozone itself.

How Default Could Push Greece Out Of The Eurozone

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Wisdom Of The Crowds? Online Effort Seeks To Raise Funds For Greece

A collection of old Greek Drachma and euro notes and coins. Geert Vanden Wijngaert/AP hide caption

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Geert Vanden Wijngaert/AP

Wisdom Of The Crowds? Online Effort Seeks To Raise Funds For Greece

June 30, 2015 • A crowd-funding effort to get the $1.8 billion Greece needs to make a loan payment to the International Monetary Fund has so far raised $124,569. Donors get gifts ranging from salads to gift baskets.

Greece Seeks New Bailout From Eurozone, Misses Loan Payment

Greece's Prime Minister Alexis Tsipras prepares for a TV interview at the State Television in Athens on Monday. He urged Greeks to vote "no" in Sunday's referendum on the terms of a bailout. Thanassis Stavrakis/AP hide caption

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Thanassis Stavrakis/AP

The Two-Way

Greece Seeks New Bailout From Eurozone, Misses Loan Payment

June 30, 2015 • The Greek government, as expected, didn't make the payment that was due Tuesday. It's asking its international creditors to provide more cash, while easing up on austerity demands.

Politics

Obama Expected To Release Rule Governing Overtime

June 30, 2015 • The plan raises the cap under which most workers must get overtime for working more than 40 hours a week. It doesn't require congressional approval, but is expected to be criticized by businesses.

Obama Expected To Release Rule Governing Overtime

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Economy

Facing Massive Debt, Puerto Ricans Warned Belt Tightening Will Be Needed

June 30, 2015 • Puerto Rico's governor says the U.S. territory will be unable to pay off some of its more than $72 billion debt, and that terms will have to be renegotiated. He's also calling for big budget cuts.

Facing Massive Debt, Puerto Ricans Warned Belt Tightening Will Be Needed

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Europe

A Financial Tragedy Plays Out In Greece: No Money And Debt Is Due

June 30, 2015 • Greece's bailout money is gone, and it will miss a payment due to the IMF. Linda Wertheimer talks to Joanna Kakissis and Peter Spiegel of The Financial Times about Greece's tenuous hold on the Euro.

A Financial Tragedy Plays Out In Greece: No Money And Debt Is Due

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Congress Leaves For Recess Without Reauthorizing Export-Import Bank

Treasury Secretary Jacob Lew (center) speaks with (from left) Sen. Ben Cardin, D-Md., Ellicott Dredges GM Craig Murdock and CFO Joseph Wendel during a tour of the company's manufacturing facility in March. Lew was on hand to promote investment in American infrastructure. The company has utilized the Export-Import Bank's services. Patrick Semansky/AP hide caption

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Patrick Semansky/AP

It's All Politics

Congress Leaves For Recess Without Reauthorizing Export-Import Bank

June 30, 2015 • A government agency is about to close. The Export-Import Bank has helped U.S. companies sell goods abroad for decades, but it will likely wind down operations after July 1 if Congress doesn't act.

Congress Leaves For Recess Without Reauthorizing Export-Import Bank

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National

As Budget Deadline Approaches, Illinois Faces A Government Shutdown

NPR Illinois | 91.9 UIS

June 30, 2015 • The budget expires on Tuesday and there's no sign of agreement on a new one. It's the first time in a dozen years that the solidly Democratic legislature has had to deal with a Republican governor.

As Budget Deadline Approaches, Illinois Faces A Government Shutdown

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