A $24.4 billion buyout that would take computer maker Dell private was announced Tuesday. The group negotiating to buy the company includes private equity firm Silver Lake, Microsoft and Dell's founder Michael Dell.
The U.S. Justice Department plans to file a civil suit this week accusing the credit rating company Standard and Poor's of fraud. Standard and Poor's is the company that famously downgraded U.S. debt in 2011. This investigation focuses on S and P's actions before the financial crisis. The civil action accuses S and P of fraudulently inflating the ratings of mortgage investments, setting them up for the crash that lead to the great recession. The investigation is the focus of today's Business Bottom Line, and here's NPR's Jim Zarroli.
Puerto Rico's population is dropping. Faced with a deteriorating economy, increased poverty and a swelling crime rate, many citizens are fleeing the island for the U.S. mainland. In a four-part series, Morning Edition explores this phenomenon, and how Puerto Rico's troubles are affecting its people and other Americans in unexpected ways.
There's a lot of talk in politics about the desirability of American manufacturing and "green" jobs. President Obama talks about both often, especially wind turbines and long-lasting batteries that are made on U.S. soil.
Robert Siegel, host of All Things Considered, recently visited a Massachusetts factory that makes a product that hits those same parameters. It's arguably a force for sustainability, nearly 40 Americans assemble it, and it's an interesting case study in innovation: the high-speed hand dryer.