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Business and Economic News

Foiled! Electrician used snack bag as a Faraday cage to sneak off the job

Foiled! Electrician used snack bag as a Faraday cage to sneak off the job

An Australian tribunal found Tom Colella was being "deliberately mischievous" by putting his GPS device in a bag of Twisties. The apparent aim? To hide from his bosses while leaving work to play golf.
by Colin Dwyer

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Minnesota small towns envision a driverless future

Minnesota small towns envision a driverless future

Autonomous vehicles are not the stuff of science fiction any longer. So far, most of the talk on how to deploy them has focused on big cities. But rural Minnesotans -- especially those who don't drive -- also stand to gain a lot from the technology.
by Dan Kraker

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When Tommy James covers dominated the charts

"Mony Mony" by Billy Idol was number one on the Billboard pop chart 30 years ago today. It was the second straight cover of a song first recorded by Tommy James and Shondells to top the charts. The previous week Tiffany had a number one hit with the Tommy James song "I Think We're Alone Now." Ritchie Cordell had a hand in writing both of them. He says the title for this one was inspired while he was in Manhattan and saw the Mutual of New York building. It was adorned with the company's initials: M-O-N-Y.
by MPR News Staff

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Stores hoping to keep people shopping offer Cyber Monday deals

Stores hoping to keep people shopping offer Cyber Monday deals

Shoppers are expected to spend $6.6 billion on Cyber Monday, up more than 16 percent from a year ago. And more people will be picking up their phones to shop: Web traffic from smartphones and tablets is expected to top desktop computers for the first time this year.
by The Associated Press

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Meredith Corp. buys Time Inc. in Koch-backed deal

Meredith Corp. buys Time Inc. in Koch-backed deal

In a long-elusive acquisition for Meredith, the two magazine giants have struck a $2.8 billion deal, that joins two vastly different media portfolios.
by Emma Bowman

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After weeks of deals, stores aim to draw Black Friday crowds

After weeks of deals, stores aim to draw Black Friday crowds

About 69 percent of Americans, or 164 million people, intend to shop at some point during the five-day period from Thanksgiving to Cyber Monday, according to a survey released by the NRF. It expects Black Friday to remain the busiest day, with about 115 million people planning to shop then.
by Associated Press

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Trump organization cuts ties to controversial SoHo hotel

Trump organization cuts ties to controversial SoHo hotel

The part hotel, part condo building, from which the president had continued to profit as president, potentially linked him to murky financing arrangements and allegations of fraud.
by Jim Zarroli and Alina Selyukh

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