Economy

Mexico Gets First Independent Gas Station In Over 75 Years

5:05pm June 29, 2016

by Carrie Kahn

The first non-state-run gas station has opened in Mexico in more than 75 years, breaking the monopoly on fuel and opening the possibility that fuel prices could become more competitive.

Passengers walk through a TSA checkpoint area at Los Angeles International Airport. Security experts say making airports safer is a huge challenge because public areas are designed for commerce.

Tough Problem: Airport Public Areas Designed For Commerce, Not Security

4:46pm June 29, 2016

by Marilyn Geewax

U.S. airports have security checkpoints to keep weapons off airplanes. But airports have public areas where people shop, check bags and line up for TSA. The public areas create vulnerabilities.

The open pit mine where the diamond was found. It's the largest uncovered in over a century.

When Botswana Sells Its Big Diamond, Who Will Benefit?

3:44pm June 29, 2016

by Nurith Aizenman

It's the largest found in over a century and is valued at $70 million. How much do sales like this help the country?

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VW Owners Mull Options After Carmaker Settles Emissions Scandal Case

8:00am June 29, 2016

by John Ydstie

Under the terms of the nearly $15 billion deal announced on Tuesday, Volkswagen will spend up to $10 billion to fix or buy back cars of nearly 500,000 owners.

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Traders at work at ETX Capital work in central London on Monday. Financial markets in the U.K. and around the world have been in turmoil since the Brexit vote last week.

Brexit Makes Investors Nervous, But U.K. Recession Isn't Certain

5:25pm June 28, 2016

by Jim Zarroli

Last week's Brexit vote sent financial markets tumbling. It also raised questions about the future of the U.K. economy. Analysts now expect slower growth but not an immediate tumble into recession.

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Volkswagen Reaches $14.7 Billion Settlement In Emissions Cheating Scheme

5:25pm June 28, 2016

by Sonari Glinton

Volkswagen agreed to pay up to $14.7 billion to settle major claims in the U.S. against the company over its emissions cheating scheme.

Volkswagen Dealer Reacts To Emissions Scandal Settlement

4:38pm June 28, 2016

NPR's Robert Siegel talks to Matt Welch, a Volkswagen dealer in Auburn, Washington, after the company announced a settlement related to its emissions scandal.

$15 Billion Settlement Proposed In Volkswagen Emissions Scandal

12:19pm June 28, 2016

Two-thirds of the sum will be set aside to compensate U.S. owners of nearly 500,000 VW diesel cars. The company will also pay $2.7 billion into an environmental remediation fund.

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Union flags fly as banners across a street in central London on Tuesday. EU leaders attempted to rescue the European project and Prime Minister David Cameron sought to calm fears over the U.K.'s vote to leave the bloc as ratings agencies downgraded the co

Money, Hate And Hard Feelings: Brexit Fallout Continues In U.K., Europe

10:37am June 28, 2016

by Camila Domonoske

The U.K.'s credit rating has been downgraded. British police say there's been a rise in reports of hate crime incidents. And passions ran high on the floor of the EU.

President Obama is interviewed by NPR's Steve Inskeep at the White House on Monday.

Obama Cautions Against 'Hysteria' Over Brexit Vote

8:54am June 28, 2016

by Jessica Taylor

"I think that the best way to think about this is a pause button has been pressed on the project of full European integration," President Obama told NPR's Steve Inskeep.

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