by Celena Chong | Mar 2, 2016 | Business
WASHINGTON – The roots of Apple’s struggle to avoid compromising the security of its famed iPhone reach back to Edward Snowden’s leak of nearly 2 million documents classified by the National Security Agency. In the aftermath of that massive breach in 2014, Apple...
by Alex Duner | Mar 2, 2016 | Business
WASHINGTON — Amid talk of spectrum policy and 5G wireless networks, Senate Republicans piled on Federal Communications Commission Chairman Tom Wheeler Wednesday over the FCC’s decision to protect net neutrality. A report published this week by Sen. Ron Johnson,...
by Nick Hagar | Feb 29, 2016 | Business
WASHINGTON — The promise of tomorrow is a long-time coming. In 1943, a Western Airlines advertisement declared: “TOMORROW, you can live a new life of unhurried speed, where family helicopters, super airliners and many amazing new machines will provide ample leisure.”...
by Allyson Chiu | Feb 29, 2016 | Business, Environment
WASHINGTON– With rising concerns about climate conditions, private companies are joining with the government to fund the innovative technology needed to upgrade renewable power sources and cut back on energy use, experts said Monday. The Advanced Research...
by Nick Hagar | Feb 29, 2016 | Business, Living
WASHINGTON — A prominent financial figure highlighted a new way of funding social programs Monday – social impact bonds, contracts that bring private money to ventures that can improve society. By bringing increased capital to social programs, social impact bonds...
by Alex Lederman | Feb 29, 2016 | Business, Politics
Matthew Petersen might have made the best financial decision of his life when he was fifteen. For $1, he bought the Star ’85 Chicago Bulls basketball card team set—a bundle that included a Michael Jordan rookie card. In 2016, that piece of cardboard is selling on eBay...
by Tyler Kendall | Feb 29, 2016 | Business
WASHINGTON—Funmi Ayeni, a junior at Morgan State University, wants to be a National Institutes of Health researcher and work on improving mental health care in underdeveloped countries in Africa. Ayeni, a psychology major, is applying to graduate school, working on...
by Tyler Kendall | Feb 23, 2016 | Business
WASHINGTON – The Supreme Court on Tuesday heard arguments on whether robbing a drug dealer inherently hurts the dealer, thus violating commerce laws, or whether prosecutors must prove actual harm in a case involving the theft of a single marijuana cigarette,...
by Julia Jacobs | Feb 23, 2016 | Business, Politics
WASHINGTON — U.S. Attorney General Loretta Lynch said Tuesday that the federal government has an “obligation” take Apple to court to force the tech company to allow access to the phone of one of the San Bernardino, California, shooters. Speaking before a gathering of...
by Nick Hagar | Feb 22, 2016 | Business
WASHINGTON — Economic growth trended above historical levels in January, indicating a jump in production and a decreased likelihood of recession, according to a key index from the Federal Reserve Bank of Chicago. The Chicago Fed National Activity Index, which tracks...
by Nick Hagar | Feb 17, 2016 | Business
WASHINGTON — The chairman of the House Small Business Committee Wednesday called on Congress to approve President Barack Obama’s trade deal with Asian countries, despite opposition on Capitol Hill to the Trans-Pacific Partnership. Rep. Steve Chabot, R-Ohio, told an...
by Sabrina Rodriguez | Feb 17, 2016 | Business
WASHINGTON — Commerce Secretary Penny Pritzker called on Cuban officials Wednesday to help create a welcoming atmosphere to aid the growth of U.S. companies opening shop on the island nation. “Without specific changes on your side, our changes will not unlock...
