Economics & Economy

Donna Tam

The burkini just keeps making waves. France’s highest administrative court has made it possible to overturn the bans implemented on the full-body swimsuit, the BBC reported today.

The court said the ban  in one Mediterranean town "seriously and clearly illegally breached fundamental freedoms," and the ruling could set precedent for other towns with similar bans. The burkini covers everything, but a person’s hands, feet and face.

On today's show, we'll talk about the possible demise of ITT Tech; a billion-dollar hit to Japan's pension fund; and the Port of Houston's efforts to gain some post-Panamax traffic.

 

Andy Uhler

The U.S. Department of Education said Thursday that ITT Educational Services – which is the parent company of ITT Technical Institutes – can’t use federal financial aid to enroll new students anymore. It’s the latest in the department’s move to assert closer regulation on for-profit colleges.

Houston spends millions to woo post-Panamax ships

Aug 26, 2016
Gail Delaughter

The widened Panama Canal is likely to have a significant impact on global shipping. Here in the U.S., gigantic ships that could only fit on West Coast docks can now get through the canal to the Gulf of Mexico. That means a sizable increase in traffic for the Port of Houston — which has already begun a billion-dollar plan to upgrade its infrastructure.

Prince's Paisley Park will open its doors to fans

Aug 26, 2016
Reema Khrais

The rumors are true. Paisley Park – Prince’s 65,000 square foot compound outside of Minneapolis – is becoming a museum.

In October, guests will be able to tour through his recording studios, video-editing rooms, rehearsal rooms and the performance hall. They’ll also get glimpses of more personal items: his wardrobe, dozens of instruments, motorcycles, artwork and rare music.

“It keeps his name alive. It keeps his music alive,” said John Kellogg, who teaches music business and management at Berklee College of Music.

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