Business News

Leaders Say Progress Made in Dealing With Euro Crisis

The hope is that the seriousness of the leaders’ effort to finally solve the interrelated problems of Greek debt, weakened banks and a bailout fund in need of reinforcement will keep speculators at bay when the financial markets open on Monday morning. But now there is heavy pressure on the leaders to deliver the goods [...]

In a Gloomy Economy, TV Sitcoms Are Making a Comeback

For the better part of a decade, while drama became more ambitious, and reality shows became more outrageous, comedy had the worst track record in prime time. As recently as 2008, only two comedies ranked among the top 10 shows at this point in a new television season. Two years earlier, the total was zero. [...]

Apple’s Lower Prices Are All Part of The Plan

Something unexpected has happened at Apple, once known as the tech industry’s high-price leader. Over the last several years it began beating rivals on price. People who wanted the latest Apple smartphone, the iPhone 4S, were able to get one the day it went on sale if they were willing to wait in a line, [...]

For Rhode Island, the Pension Crisis Is Now

ON the night of Sept. 8, Gina M. Raimondo, a financier by trade, rolled up here with news no one wanted to hear: Rhode Island, she declared, was going broke. Maybe not today, and maybe not tomorrow. But if current trends held, Ms. Raimondo warned, the Ocean State would soon look like Athens on the [...]

For Rhode Island, the Pension Crisis Is Now

ON the night of Sept. 8, Gina M. Raimondo, a financier by trade, rolled up here with news no one wanted to hear: Rhode Island, she declared, was going broke. Maybe not today, and maybe not tomorrow. But if current trends held, Ms. Raimondo warned, the Ocean State would soon look like Athens on the [...]

Grading the Digital School: At Waldorf School in Silicon Valley, Technology Can Wait

But the school’s chief teaching tools are anything but high-tech: pens and paper, knitting needles and, occasionally, mud. Not a computer to be found. No screens at all. They are not allowed in the classroom, and the school even frowns on their use at home. Schools nationwide have rushed to supply their classrooms with computers, [...]

Unreasonable Institute Teaches New Paths to Social Missions

And so, to foster some practical zaniness, Mr. Epstein is a co-founder of something called the Unreasonable Institute, in Boulder, Colo. For the last two summers, he has helped preside over this academy for entrepreneurs who want to solve social problems and make some money, too. Part schmooze-fest, part group hug, this six-week program connects entrepreneurs [...]

Fox and Telemundo Win U.S. Rights to 2018 and 2022 World Cups

Fox agreed to pay more than $400 million, while Telemundo, owned by Comcast/NBC, will pay about $600 million to broadcast those two men’s World Cups, several television executives familiar with the deal said. The agreements also give Fox and Telemundo the rights to the 2015 and 2019 Women’s World Cups and other international tournaments. This [...]

At Walgreen, Pharmacists Urged to Mix With Public

CHICAGO — As the Walgreen Company pushes its army of pharmacists into the role of medical care provider, it is bringing them out from their decades-old post behind the pharmacy counter and onto the sales floor. The pharmacy chain, based in Deerfield, Ill., and the nation’s largest, has renovated 20 stores in the Chicago area [...]

Wal-Mart Cuts Some Health Care Benefits

Citing rising costs, Wal-Mart, the nation’s largest private employer, told its employees this week that all future part-time employees who work less than 24 hours a week on average will no longer qualify for any of the company’s health insurance plans. In addition, any new employees who average 24 hours to 33 hours a week [...]