Business and Economic News

France plans to ban sale of diesel and gas vehicles by 2040
Environment Minister Nicolas Hulot announced a range of ambitious plans on Thursday that also include banning oil and gas drilling and doing away with coal-powered plants.
Top performers risk being undermined by peers, studies show
Studies highlighted in Scientific American indicate a propensity for less-well-performing employees to take aim at the efforts of their star coworkers.
Hobby Lobby to forfeit smuggled Iraqi antiquities
The company says its passion for historical Bibles and other artifacts led to "regrettable mistakes." It will pay a $3 million fine for improperly importing items such as ancient clay tablets.
Aspen Ideas Festival: Why millennials work the way they do
Two authors sat down with Katie Couric to discuss the reason some millennials are struggling in the current job market and what they're doing to change workplace cultures.
80 years ago, Spam was introduced to America
The official 80th anniversary celebration will take place at the Spam Museum in Austin, Minn. on Friday July 7.
All new Volvo models will be electric or hybrid starting in 2019
Volvo is the first traditional automaker to set a date to phase out cars powered only by internal combustion engines. Volvo's CEO called Tesla "a tough competitor" in the premium electric market.
Truckers are forced to take on debt that leaves them working for pennies an hour.
Why summer jobs don't pay
The minimum wage is flat, college tuition is up and students are broke: Summer jobs just don't have the purchasing power they used to, especially when you look at the cost of college.
Airbnb making gains in rural Minn., angering local inn owners
There are 600 Airbnb hosts throughout rural Minnesota, the company says, offering for rent everything from a spare bedroom to an entire house.