Economics & Economy

Big banks team up to create digital currency

Aug 24, 2016

On today's show, we'll talk about a decline in stock market volatility over the summer; a collaboration between four big banks to create an alternative to Bitcoin; a labor ruling that's granted graduate students from private colleges the right to unionize; and the return of Fugitive Tech CEO Kobi Alexander to the U.S. 

Andy Uhler

Graduate students at Columbia, Duke and other places of higher education are celebrating a labor ruling made Tuesday night. The National Labor Relations Board decided that graduate students working as teaching or research assistants at private universities have the right to bargain collectively, to organize a union. Students at public institutions can already do this.  

How HP is faring with its printer-PC business

Aug 24, 2016
Gigi Douban

The Hewlett-Packard Company's share price fell by half last year after HP broke itself into two smaller companies, and hasn't recovered much. As HP — the HP that kept the printer and computer lines — reports quarterly earnings, investors are looking for clues that getting smaller is working.

Consider this: In the printer world, there’s an old running joke. And if you’ve ever bought cartridges or toner, you’ll get it.

Katie Long

New York just passed the halfway mark on its $1.3 billion project to raise the Bayonne Bridge, set to open in 2017. The aim is to attract mega ships, the ones now able to move through the expanded Panama Canal to the East Coast. But making room for these vessels with taller bridges and deeper harbors is just the beginning. The challenges start all over again when a giant ship actually docks.

Mitchell Hartman

The National Park Service is celebrating its centennial this week. On August 26, 1916, President Woodrow Wilson signed the act putting 35 parks and monuments nationwide —including Yellowstone and Yosemite — under the new federal agency.

Today, that portfolio includes 409 parks and monuments, plus 23 national scenic and historic trails, and 60 wild and scenic rivers. The Park Service has 84 million acres of federal land to take care of, along with historic buildings, archaeological sites, and endangered species that range in and out of park boundaries.

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