After a long and closely watched CEO search, Microsoft has tapped Satya Nadella, an insider and 22-year veteran of the company. Microsoft co-founder Bill Gates is stepping down as chairman and will help Nadella shape technology and product development.
Stock investors looking for a reason to feel optimistic about the economy may have found one this morning.
A new report shows the federal budget deficit has done some mad shrinking in recent years. Thanks to spending cuts, tax hikes and a stronger economy, the deficit in this fiscal year will be only $514 billion, the nonpartisan Congressional Budget Office said Tuesday.
I'm Michel Martin and this is TELL ME MORE from NPR News. Now it's time for matters of personal finance. It's been a week since President Obama's State of the Union address. And you might remember him talking about the country's retirement crisis and his plan for something called up MyRAs to help people jumpstart their savings, especially if they don't work for a company with a retirement account.
While it's never been considered a "cool" company, Microsoft is still a force — worth $300 billion, and Windows operating systems still run on a big chunk of the world's computers. While the profile of founder and former CEO Bill Gates still looms large, outgoing leader Steve Ballmer took the reins in 2000. And Tuesday, the board chose an internal candidate — 46-year-old Indian-American engineer Satya Nadella — to head the company.
Next week, workers at a Chattanooga auto plant run by Volkswagen will vote on whether to join the United Auto Workers. This is the first attempt in 13 years to unionize a plant that is not run by one of the big three Detroit automakers.
As Michigan Radio's Tracy Samilton reports, Volkswagen has given the drive its blessing, so outside groups are stepping in to fight the union.
Istanbul has long been a city of historical layers and sharp contrasts: ancient monuments share the skyline none too comfortably with modern skyscrapers, and charming cobbled streets run alongside massive highway traffic snarls.
Those contrasts have multiplied under Prime Minister Recep Tayyip Erdogan, and his love of giant building projects hasn't abated after more than a decade in power.