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Business and Economic News

United CEO 'ashamed' about passenger's removal

United CEO 'ashamed' about passenger's removal

"That is not who our family at United (Airlines) is," Oscar Munoz said on "Good Morning America." "This will never happen again on a United flight. That's my promise."
by The Associated Press

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Lieutenant governor makes pitch for more transportation funding

Lieutenant governor makes pitch for more transportation funding

Lt. Gov. Tina Smith voiced support for Gov. Mark Dayton's proposal for a $3 million demonstration project to operate the Northstar commuter rail line to St. Cloud for up to six months.
by Kirsti Marohn

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How U.S. health care became big business

How U.S. health care became big business

Writer Elisabeth Rosenthal has worked as a physician and says it's far more lucrative in the U.S. health system to provide a lifetime of treatments than a cure. Her new book is An American Sickness.
by Terry Gross

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5 things to know about Trump's delay of the financial adviser rule

5 things to know about Trump's delay of the financial adviser rule

Americans are losing billions of dollars from retirement accounts to excessive fees. The Obama administration passed a rule to stop that. But President Trump has delayed the rule.
by Chris Arnold

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Toyota plans $1.3 billion investment in Kentucky Plant

Toyota plans $1.3 billion investment in Kentucky Plant

The Georgetown, Ky., facility is Toyota's largest plant in the world. Toyota plans to invest $10 billion in the U.S. over the next five years.

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Wells Fargo claws back $75 million from top execs in sales scandal

Wells Fargo claws back $75 million from top execs in sales scandal

Former CEO John Stumpf "was too slow" to realize the risk of sales practices, the bank's board says. The scandal also brought a $185 million punishment from the Consumer Financial Protection Bureau.
by The Associated Press

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