A look at the bill that would roll back Dodd-Frank regulations

Jun 8, 2017
Under consideration in the House of Representatives today: a big Republican platform item. Specifically, the rollback of Dodd-Frank financial regulations. This comes in the form of a bill called the Financial Choice Act. Here’s what’s in the bill and what could become law. Click the audio player above to hear the full story.

Nordstrom family members weigh taking the retailer private

Jun 8, 2017
Nordstrom’s stock jumped today after the company said a group of Nordstrom family members is considering taking the company private. Like all department stores, Nordstrom has been battling a decline in shopping mall traffic and competition from online retailers. The company reported weaker-than-expected sales last month and warned of a sluggish year ahead. Among other […]

Brick and mortar stores are dying, but not at this mall

Jun 8, 2017
LA's Glendale Galleria is making shopping more convenient — and fun — for its visitors.
Many malls are still thriving because they’re staying ahead of the curve in the new retail reality. Above, a picture of the Glendale Galleria.
Rachel Murray/Getty Images for NYX Professional Makeup

Uber's newest executive says its 'managers haven't been set up for success'

Jun 7, 2017
Uber has hired Harvard business professor Frances Frei to make changes at a pivotal moment for the company.
Pablo Blazquez Dominguez/Getty Images

Do tax cuts automatically lead to economic growth?

Jun 6, 2017
It depends on what kind of taxes are cut and how they are paid for.
Office of Management and Budget Director Mick Mulvaney discusses the Trump administration's proposed fiscal year 2018 budget at a press conference. The $4.1 trillion budget would cut programs for the poor while offering big tax cuts for the wealthy.
Chip Somodevilla/Getty Images

Another media company under the microscope with 'pink slime' defamation trial

Jun 5, 2017
Beef Products Inc. has filed a nearly $6 billion lawsuit against ABC.
Spencer Platt/Getty Images

Will Apple introduce a smart speaker to rival Amazon’s Echo and Google’s Home?

Jun 5, 2017
Apple’s highly anticipated developer conference starts today. Among the new iPad and MacBook iterations likely to be revealed, one completely new product could be announced — a Siri-controlled smart speaker to rival Amazon’s Echo or Google’s Home. Apple could be late to the game on this one, but with its massive ecosystem, it has the […]

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There's a reason your teen is sitting on the couch this summer

Jun 2, 2017
Malls are dying and taking those the rite-of-passage jobs with them.
If mall jobs are falling by the wayside, how can teens get entry-level experience?
Spencer Platt/Getty Images

Big banks warn of trading revenue decline

Jun 2, 2017
Some of the nation’s biggest banks, JPMorgan Chase, Bank of America and Citigroup, are warning that trading revenue in the second quarter will be down at least 10 percent compared to a year ago. Goldman Sachs also flagged a drop in trading revenue. One of the reasons they’re pointing to? A lack of market volatility. That may […]

How aprons took Ellen Bennett from line cook to CEO

Jun 2, 2017
Ellen Bennett founded Hedley & Bennett to create uniforms that give chefs "a sense of dignity and pride."
“We’re a full-blown manufacturing company…And people can come and visit. This is totally open to the public,” says Ellen Bennett of Hedley & Bennett
Robert Garrova/Marketplace