NPR's business news starts with J.C. Penney's revolving door.
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GREENE: J.C. Penney has ousted its high-profile CEO, Ron Johnson. The retailer recruited Johnson from Apple, to revitalize the company. But since his arrival less than 18 months ago, things at J.C. Penney have only gotten worse.
More and more starving sea lions are being found stranded on California shores, and animal rehabilitation centers are at their maximum capacity. Experts say there are fewer fish for these mammals to feed on, but they don't know why.
In recent months, more than 1,000 starving baby sea lions have been found on Southern California beaches, from Santa Barbara to San Diego. The National Oceanic and Atmospheric Administration has just declared the crisis an "unusual mortality event."
On a recent early morning, Peter Wallerstein is on the job on a beach near Marina del Rey, Calif. His white truck is a familiar sight along this coastline. Next to him, a small blond dog named Pumpkin rides shotgun.
Twitter co-founder Biz Stone is one of five celebrity directors taking part in a Canon-sponsored experiment called Project Imaginat10n. His short film, the inspiration for which was crowdsourced via the Internet and social media, focuses on familial loss and the process of grieving.
Stone, like all the directors in Project Imaginat10n, was asked to choose 10 crowdsourced images to help shape the tone and structure of his film. This photo was selected under the category Setting; it was titled "Escapes."
In New York and Washington, government regulators are cracking down on insider trading, the illegal practice in which people with internal information about important company events make stock market trades before ordinary investors find out what's happening.
Originally published on Tue April 9, 2013 11:22 am
April Fool's Day was one week ago — but an elaborate hoax targeting Pastor Joel Osteen gained wide attention Monday, after those behind the hoax used Twitter, YouTube, and other social media to spread spurious claims that the pastor had renounced his faith and would close his huge Texas church.
Main Street in Webster City, Iowa, has so far survived the 2011 closure of an Electrolux factory. But retraining funds and unemployment are running out for former workers, leaving businesses worried that a serious downturn is ahead.
What becomes of a city of 8,000 people when its main employer leaves town? What does it look like, and what does it feel like? I set out to answer those questions on a trip to Webster City, Iowa, last month, as part of my report on the Swedish appliance maker Electrolux.