Alaska Town Faces Hardship After Shell Abandons Arctic Drilling

Business | Steve Ambrose

A small town in Alaska braces for the economic fallout from Shell deciding to cease oil operations in the Arctic Ocean.

Cheap Oil Breaks The Bank In Saudi Arabia

Business | Steve Birr
Oil prices.JPEG

‘I wouldn’t push the panic button now. But the situation bears monitoring.’

VW Bankruptcy Potential 'Is Very Real'

Business | Steve Birr
Volkswagen's logo is seen on a TDI diesel engine of its EOS car in Zurich

‘New European cars are spewing out on average 40 percent more carbon dioxide than laboratory tests show.’

DC Uses Eminent Domain To Seize Land For New Soccer Stadium

Business | Josh Fatzick
DC Mayor Muriel Bowser

‘The best deal for the District’

Unions Get Tens Of Millions From Feds Under Obama

Business | Connor D. Wolf
U.S. President Barack Obama delivers remarks on the Clean Power Plan at the White House in Washington August 3, 2015. (REUTERS/Jonathan Ernst)

‘Congress needs to look at this, and dig out these grants specifically given to unions and eliminate them’

Billionaire Investor Predicts 'Financial Engineering' Will Lead US To Economic Chaos

Business | Guy Bentley
File photo of Billionaire activist-investor Icahn in New York
Carl Icahn warns the economy is heading toward a crash

Republicans And Dems Teaming Up To Defend Businesses Against Obama

Business | Connor D. Wolf

‘We need bipartisan support’

Congressman: GE Asked Him To 'Gin Up' Phony Press Release Blaming Congress For Plant Closure

Business | Chuck Ross
President Barack Obama tours General Electric's Waukesha Gas Engines facility while in Waukesha, Wisconsin
Company accused of playing politics with export bank

What Unions Really Think Of The $15 Minimum Wage

Business | Connor D. Wolf
CHICAGO, IL - JULY 31:  Fast food workers and activists demonstrate outside McDonald's downtown flagship restaurant on July 31, 2014 in Chicago, Illinois. According to a recent ruling by the National Labor Relations Board (NLRB) McDonald's USA can be considered a joint employer at its franchised restaurants, a decision that could affect how the restaurant chain is forced to deal with organized labor disputes.  About 90 percent of the company's restaurants are owned by franchisees.  (Photo by Scott Olson/Getty Images)

‘Are unions supporting this just to help themselves and boosts their own ranks’

One Of The World's Most Powerful Bankers Issues Dire Warning On Climate Change

Business | Guy Bentley
Bank of England Governor Mark Carney speaks during the bank's quarterly inflation report news conference at the Bank of England in London

‘The far-sighted amongst you are anticipating broader global impacts on property, migration and political stability, as well as food and water security’

Regulatory Crackdown In Sight For Uber's European Safe Haven

Business | Guy Bentley
A demonstrator holds a placard during a protest by London black cab drivers against a new private taxi service 'Uber', a mobile phone app, in central London on June 11, 2014. Taxi drivers brought parts of London, Paris and other European cities to a standstill on June 11 as they protested against new private cab apps such as Uber which have shaken up the industry. Thousands of London's iconic black cabs, many of them beeping their horns, filled the roads around Buckingham Palace, Trafalgar Square and the Houses of Parliament to the exclusion of any other vehicles. AFP PHOTO / CARL COURT        (Photo credit should read CARL COURT/AFP/Getty Images)

‘Transport for London’s leaked consultation document is not only a thinly-veiled attack on Uber, but an attack on all forms of competition and potential new services in the private hire transportation space’

Digital Reporters And Al Jazeera At Odds Over Unionizing

Business | Connor D. Wolf
A news photographer films the logo of the new Al Jazeera America nightly news program America Tonight in the network's studio space at the Newseum in Washington, DC, August 16, 2013. Al Jazeera America, a cable news network set to launch on August 20, will have 12 bureaus in major cities in the US, three broadcast centers, a headquarters in New York City, and around 900 journalists and staff. AFP PHOTO / Saul LOEB        (Photo credit should read SAUL LOEB/AFP/Getty Images)

‘We are disappointed that Al Jazeera America management did not voluntarily recognize its digital employees decision to join a union’

Scamming Food Stamps Is So Easy, One Woman Got $3.6 MILLION In 4 Years

Business | Connor D. Wolf
SAN FRANCISCO, CA - MAY 01: A worker stocks shelves with canned goods at the SF-Marin Food Bank on May 1, 2014 in San Francisco, California. Food banks are bracing for higher food costs and an increased demand for food from the needy as food prices are skyrocketing due to a reduction in food stamps and drought conditions in several states. (Photo by Justin Sullivan/Getty Images)

‘Causey purchased the benefits at a discounted value of approximately fifty cents for every SNAP dollar’

Firing 1,500 People An 'Important Step' In Whole Foods 'Evolution'

Business | Connor D. Wolf
Organic vegetables are shown at a  Whole Foods Market  in LaJolla, California in this May 13, 2008 file photo.   REUTERS/Mike Blake

‘This is a very difficult decision’

OPIC Is The New Ex-Im: House GOP Could Split Again Over Crony Capitalism

Business | Guy Bentley

‘OPIC is supposed to help the world’s poor, but in practice it mostly helps large, politically connected companies’

How Cheap Oil Derailed Shell's Arctic Oil Exploration Effort

Business | Michael Bastasch
Activists protest the Polar Pioneer, an oil rig leased by Royal Dutch Shell Plc that is bound for the Arctic, at a rally and march in Seattle, Washington

‘Shell says they didn’t find enough oil’

Volkswagen Scandal Could Be Death Sentence For Diesel

Business | Steve Birr
Logo of German carmaker Volkswagen is seen at a VW dealership in Hamburg

‘Diesel has been under growing pressure in recent years’

Florida Dems Are Living On $17 A DAY, Here's Why

Business | Connor D. Wolf
<> on September 10, 2015 in New York City.

‘The minimum wage in Florida is far too low’

Feds Look To Declares War On Temp Agencies

Business | Connor D. Wolf
U.S. President Barack Obama waves to reporters after returning to the White House on board Marine One September 3, 2015 in Washington, DC. (Chip Somodevilla/Getty Images)

‘For manufacturers, this case is yet another example of the NLRB changing well-established and functioning labor laws’

This Decision Could Become A Huge Problem For Seattle Franchises

Business | Connor D. Wolf
Labor activists wait for the Los Angeles Mayor Eric Garcetti to sign into law an ordinance raising the minimum wage to USD 15 an hour by 2020, in Los Angeles, California on June 13, 2015.  Los Angeles is the first major city to sign the ordinance and the increase will be USD 6 from the current  USD 9 per hour.        AFP PHOTO / MARK RALSTON        (Photo credit should read MARK RALSTON/AFP/Getty Images)

‘The panel further held that IFA did not provide persuasive evidence showing that the public interest would suffer as a result of allowing the ordinance to take effect’