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Business And Economy

The Takeaway

Communities Compete to Be Silicon Valley of Domestic Drone Production

Monday, February 25, 2013

Across the country, states are vying to attract the engineers who will build our new domestic drone force, and they're finding that being a hub for drone production and testing could be a major economic boom for their area. Ryan Delaney, a reporter from WRVO in upstate New York, has been spending time with some of the advocates competing to attract drone-makers to their own airspace.

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The Takeaway

Mapping the Basics in Detroit

Friday, February 22, 2013

Two stories highlight the bigger problems of food deserts in Detroit, a problem that's being documented through a new data mapping project in collaboration with WDET and our partner station WNYC.

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The Takeaway

Today's Takeaway | February 21, 2013

Thursday, February 21, 2013

Sequestration Could Put Nearly One Million Defense Employees on Furlough | The Rise and Fall of Jesse Jackson, Jr. | Hagel Scuttlebutt: The Origin of a Pesky Hagel Rumor on the Hill | Should the U.S. Resume Diplomatic Relations with Iran?

The Takeaway

Detroit on the Edge of Fiscal Insolvency

Wednesday, February 20, 2013

Detroit's financial future may soon be out of the city's hands. Yesterday a review team appointed by Michigan Governor Rick Snyder issued its final report, and explained what many in the city already knew: that Detroit faces enormous financial problems. Charlie LeDuff, author of "Detroit: An American Autopsy," explains what the future looks like for the city.

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The Takeaway

A City's Comeback: Lessons from Philadelphia

Wednesday, February 20, 2013

As Detroit grapples with financial instability, what lessons can the Michigan metropolis learn from other American cities that have dealt with insolvency? Beset by a declining tax base, sky-high union contracts and rampant financial mismanagement, the City of Brotherly Love barely escaped bankruptcy in the early 1990s. Dave Davies, senior reporter for WHYY, discusses the city's fiscal demise and recovery. 

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The Takeaway

Today's Takeaway | February 20, 2013

Wednesday, February 20, 2013

Detroit on the Edge of Fiscal Insolvency | A City's Comeback: Lessons from Philadelphia | No Cruise Ships in Our Historic Port | Bringing Out the Dead, At Home | Our 'Unstable' Universe Could be Wiped Out by a New One | Make Your Story A Part Of Our Virtual Movie Trailer

The Takeaway

How to Emerge from Default and Debt: Lessons from Cleveland

Tuesday, February 19, 2013

In December 1978, Cleveland, Ohio became the first in the United States to default on its debts since the Great Depression. In the next few days, Detroit will decide whether to appoint an emergency manager for the bankrupt city. Thomas Sugrue, professor of History and Sociology at the University of Pennsylvania, explains what lessons Detroit should learn from the history of Cleveland's default and recovery.

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The Takeaway

Economic Equality Still Eludes Women as 'Feminine Mystique' Turns 50

Tuesday, February 19, 2013

Today, Betty Friedan's "The Feminine Mystique," the book that sparked the feminist movement of the 1960s, celebrates its fiftieth anniversary of publication. Stephanie Coontz, author of "A Strange Stirring: The Feminine Mystique and American Women at the Dawn of the 1960s," argues that Friedan succeeded in revolutionizing American attitudes about gender, but that concrete policies to enable gender equality in the home and the workplace have stalled.

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The Takeaway

On the Brink of Insolvency: A Roadmap to Turning a City Around

Monday, February 18, 2013

Detroit may be on the brink of insolvency. This is not the first time a US city has hit run into major financial problems. Cleveland did so in 1978, Philadelphia in 1991 and New York in the late 1970s.  Jonathan Soffer, associate professor of history at Polytechnic Institute of New York University and author of "Ed Koch: and the Rebuilding of New York" explains what lessons Detroit can learn from these other cities-- and in particular, from New York.

The Takeaway

Today's Takeaway | February 15, 2013

Friday, February 15, 2013

Minimum Wage Proposal Divides Business Owners, Economists | Chuck Hagel Provokes Senate Showdown | New Movie Releases: 'Beautiful Creatures,' 'Safe Haven,' 'Die Hard 4' | Artificial Retina, First U.S.-Approved Device to Give Blind Limited Vision | The New British Invasion: America's Downton Abbey Obsession

The Takeaway

U.S. Tightens Economic Sanctions Against Iran

Thursday, February 07, 2013

Drones are, of course just one of the options available to the new CIA director, by contrast the use of sanctions looks a little old school. But when it comes to Iran they appear to be making their mark.

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The Takeaway

Charges Expected Against Standard and Poor's

Tuesday, February 05, 2013

Its allegedly rosy ratings for mortgaged backed securities understated the severity of the growing housing crash and may have actually contributed to the financial crisis. Michael de la Merced has been following the story reporter for our partner, The New York Times.

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The Takeaway

Is Abe Lincoln Safe?

Tuesday, February 05, 2013

Today marks the last day the Royal Canadian Mint will distribute the penny, a coin that has been in production in Canada for more than 150 years. The sinking of the Canadian penny is a recognition of the reality that it costs of 1.6 cents to manufacture a penny, and that many people consider them more of a nuisance than a denomination of money.

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The Takeaway

Harvard to Conduct $100 Million Study to Make Football Safer

Thursday, January 31, 2013

The N.F.L. players union is teaming up with Harvard University in a $100 million study that will be conducted over ten years, to research, treat, and attempt to prevent injuries and other long-term health problems for its members. Dr. Lee Nadler is co-director of the study.

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The Takeaway

Defense Industry Warns Cuts Will Lead to Economic Plunge

Thursday, January 31, 2013

This week we learned that the U.S. economy contracted in the fourth quarter of last year, in large part because of severe defense spending cuts. If Congress and President Obama fail to reach a spending deal by March, those cuts will continue, with potentially disastrous effects for cities dependent on the defense industry.

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The Takeaway

Today's Takeaway | January 31, 2013

Thursday, January 31, 2013

N.F.L. Players Association and Harvard Collaborate on $100 Million Health Study | Could a Lawsuit Spell the End of the N.F.L.? | Hagel's Confirmation and the Secret Donors Out to Foil the Nomination | Meet Massachusetts's Newest U.S. Senator | Defense Industry Warns of Economic Plunge with Sequestration | The Fall of Chesapeake Energy CEO Aubry McClendon and the Future of Natural Gas

The Takeaway

The U.S. Is Number One — For Income Inequality

Wednesday, January 30, 2013

According to the nonpartisan Congressional Research Service, the United States has the most unequal income distribution of all major industrialized nations. Similarly, while China's economy has modernized rapidly, economic inequality has grown. Michael Moran and Kathleen McLaughlin write about economic inequality for GlobalPost.

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The Takeaway

Today's Takeaway | January 30, 2013

Wednesday, January 30, 2013

Economic Inequality, from Beijing to Bridgeport | Obama Promises Financial Aid as Syria's Crisis Deepens | A Degree in Drone Piloting | The Most Beautiful Thing You Will Ever See

The Takeaway

The Myths and Realities of the 2008 Financial Crisis

Tuesday, January 29, 2013

"As long as the music is playing, you've got to get up and dance. We're still dancing." Those were the now-infamous words from Chuck Prince, then the C.E.O. of Citigroup, on July 8, 2007, the eve of the credit crisis. For Alan Blinder, former vice chair of the Federal Reserve Board, Prince's quote succinctly explains the problems with the financial and housing markets that led to economic collapse just a few years ago.

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The Takeaway

Today's Takeaway | January 29, 2013

Tuesday, January 29, 2013

An Undocumented Immigrant Roundtable on Immigration Reform | From Undocumented Pay to Documented Paycheck | The Myths and Realities of the 2008 Financial Crisis | With Dreamliner Still Grounded, How Much Does Boeing Stand to Lose? | Egypt Boils Over | Boy Scouts May Lift Ban on Gays