KTEP - El Paso, Texas

Business

Business news

Crude oil is now flowing through the Dakota Access Pipeline, despite months of protests against it by Native American tribes and environmental groups.

The pipeline spans more than 1,000 miles from North Dakota to Illinois and cost some $3.8 billion to construct. It is expected to transport approximately 520,000 barrels of oil daily.

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

ROBERT SIEGEL, HOST:

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

ROBERT SIEGEL, HOST:

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

ROBERT SIEGEL, HOST:

Spotify has agreed to put $43.45 million on the table (and an additional $5 million for attorneys' fees) in order to settle a class action suit brought against it by songwriters who accused the company of not licensing or paying them for use of their music.

Updated at 5:45 p.m. ET

President Trump has announced that the U.S. will be withdrawing from the Paris accord — the historic global agreement reached by 195 countries in 2015 to set targets for reducing greenhouse gas emissions and limiting the rise in average global temperatures.

"That's the old industry," Tom Auvil tells me, nodding toward an apple orchard that we're driving past. We're near Wenatchee, Wash., which calls itself the Apple Capital of the World. Auvil grew up in the apple business, and until recently, he was a horticulturist for the Washington Tree Fruit Research Commission.

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

RACHEL MARTIN, HOST:

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

STEVE INSKEEP, HOST:

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

RACHEL MARTIN, HOST:

When a Bangladeshi factory building collapsed in 2013, killing more than 1,100 people, big-name retailers from Europe and North America suddenly found themselves facing a crisis that threatened their carefully tended public images.

Amazon is offering customers refunds for unauthorized charges their children have incurred playing games from the company's Appstore.

The move comes nearly three years after the Federal Trade Commission sued Amazon in federal court over in-game charges that shocked unsuspecting parents.

The state of Ohio has sued five major drug manufacturers for their role in the opioid epidemic. In the lawsuit filed Wednesday, state Attorney General Mike DeWine alleges these five companies "helped unleash a health care crisis that has had far-reaching financial, social, and deadly consequences in the State of Ohio."

Named in the suit are:

  • Purdue Pharma
  • Endo Health Solutions
  • Teva Pharmaceutical Industries and subsidiary Cephalon
  • Johnson & Johnson and subsidiary Janssen Pharmaceuticals

Leon Watts III stands out among his fellow gerontology students at the University of Southern California's Davis School of Gerontology. They all look to be under 25. Watts is 66. What led up to his return to school was decades spent rehabbing homes in Los Angeles. Over that time, his clients have aged and he's seen their needs change. Watts decided he'd be able to do a lot more for them with a master's degree in gerontology.

In a South Dakota court room, ABC News will defend a series of stories it reported five years ago in a defamation law suit. Jury selection started Wednesday.

It's a trial that could prove to be a measure of public attitudes toward the media.

Back in 2012, ABC Correspondent Jim Avila reported on a practice of a South Dakota-based company called Beef Products, Inc.

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

ROBERT SIEGEL, HOST:

Exxon Mobil Corp. shareholders have asked the energy giant to publicly disclose how the fight against climate change could affect the company's bottom line.

It's a victory for environmental activists, who have been urging the oil company to consider the economic impact the Paris accord would have if it is fully implemented. The global agreement calls for more investment in renewable energy and for deep cuts in the greenhouse gas emissions that result from burning fossil fuels.

A Chinese labor activist has been arrested and two others have disappeared after investigating alleged labor abuses at a factory that makes shoes for several major brands — including Ivanka Trump's.

Hua Haifeng disappeared sometime Sunday while en route to the Huajian International shoe factory in southern China.

On Tuesday, police in the province called Hua's wife, Deng Guimian.

Some call it “the First Amendment of the internet”: keep all data flowing free, and fast. The head of the Federal Communications Commission says the Obama-era rules need to change so business isn’t harmed.

Howard Scott Warshaw has had many gigs over the years, but perhaps his most notable achievement was also a spectacular failure:

"I did the E.T. video game, the game that is widely held to be the worst video game of all time," he says.

The short, but intense, growing season in Vermont might be a drawback for some, but for native son Cam MacKugler, it has turned out to be the key to developing his container garden kit startup, Seedsheet.

"Up here in Vermont," says MacKugler, "we don't have a lot of time to grow our food, so the goal is to get as much as you can as quickly as possible."

Freedom Health Inc., a Florida Medicare Advantage insurer, has agreed to pay nearly $32 million to settle a whistleblower lawsuit. The suit, settled on Tuesday, alleged that two of the company's insurance plans exaggerated how sick patients were and took other steps to overbill the government health program for the elderly.

There's a hidden force shaping our politics, says author Richard Reeves, a senior fellow at the Brookings Institution, and it's hidden in plain sight.

In his forthcoming book, Dream Hoarders, Reeves argues that the top 20 percent of Americans — those with six-figure incomes and above — dominate the best schools, live in the best-located homes and pass on the best futures to their kids.

New Rules May Make Online Health Insurance Sales Simpler

May 31, 2017

Signing up for coverage on the health insurance marketplace should be easier for some people this fall because new federal rules will allow brokers and insurers to handle the entire enrollment process online, from soup to nuts.

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

ARI SHAPIRO, HOST:

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

ROBERT SIEGEL, HOST:

For nearly 40 years, Little Pete's was more than just a greasy spoon. It became a landmark and the pride of Philadelphia. Now the city is mourning the loss of one of its last all-night downtown diners.

At the G-7 summit last week, Donald Trump glad-handed and posed for photo ops with leaders including German Chancellor Angela Merkel. Tuesday, however, he had some harsh words for Merkel's Germany.

"We have a MASSIVE trade deficit with Germany, plus they pay FAR LESS than they should on NATO & military. Very bad for U.S. This will change," he tweeted on Tuesday morning.

The company that owns the Three Mile Island nuclear plant, site of the worst nuclear disaster in U.S. history, announced that it plans to shutter the facility in 2019 unless the state of Pennsylvania steps in to keep it open.

The plant near Harrisburg, Pa., hasn't been profitable for the past five years, according to owner Exelon Corp. The company announced last week that it failed to auction off future energy production from Three Mile Island for the third year in a row.

This year, 25 states and the District of Columbia are considering measures that would bar employers from asking job candidates about their prior salary. Last year, two states — California and Massachusetts — adopted similar policies, aimed at trying to narrow the pay gap for women and minorities.

Pages