Jim Zarroli

Jim Zarroli appears in the following:

Highflying 'Emerging Markets' Had Their Wings Clipped In 2015

Wednesday, December 30, 2015

A weakening commodities market, hindered largely by the slowdown in China, has hurt economies in Latin America, Africa and elsewhere.

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U.S. Takes Steps To Protect 2 Breeds Of African Lion

Monday, December 21, 2015

The U.S. Fish and Wildlife Service has placed one breed of African lions on its endangered species list, a move aimed at discouraging hunting of the animals at a time when their numbers are dwindling.

A second breed of lion will be designated as threatened, the agency said today.

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Pharmaceutical CEO Martin Shkreli Arrested On Securities Fraud Charges

Thursday, December 17, 2015

The young man who caused a huge controversy by trying to jack up the price of a life-saving drug is in the news again. Martin Shkreli was arrested Thursday morning on charges of securities fraud.

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Feds Arrest Martin Shkreli On Fraud Charges

Thursday, December 17, 2015

The pharmaceuticals executive was arrested Thursday for securities fraud. Prosecutors say he took stock from a biotech firm he founded and used it to pay debts from other business deals.

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Congressional Spending Bill Would Lift The Ban On Exporting Crude Oil

Wednesday, December 16, 2015

Congress is getting closer to lifting a 40-year-old ban on oil exports, a move that could be a boon for U.S. oil producers hoping to expand into the global market.

President Obama and environmentalists oppose ending the ban, but Congressional leaders made it part of a $1.14 trillion spending bill, ...

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Junk Bonds Regain Some Lost Ground After A Bruising Few Days

Tuesday, December 15, 2015

The junk bond market rebounded a bit on Tuesday, but questions remain about what the recent rout means for the economy. Much of the downturn in high-yield debt has been in oil and natural gas.

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Rout Continues In Junk Bond Market After 2 Funds Are Liquidated

Monday, December 14, 2015

The gloom deepened in the high-yield debt market on Monday, with bonds issued by dozens of companies losing ground, and concerns mounting about how long the rout will last.

Bonds issued by lower-rated companies such as Dynegy, Charter Communications, Chesapeake Energy and Oasis Petroleum have taken a tumble, as have ...

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Newell Rubbermaid Buys Jarden, Uniting Two Big Consumer Brands

Monday, December 14, 2015

Newell Rubbermaid said today that it will acquire Jarden Corp., paying nearly $16 billion to acquire all of its stock and debt.

The deal brings together two companies with numerous familiar consumer brands under one roof, creating a single entity to be known as Newell Brands.

Started in ...

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Industrial Giants DuPont, Dow Chemical Announce $130 Billion Merger

Friday, December 11, 2015

Two of America's oldest and most important industrial companies are tying the knot. DuPont and Dow Chemical plan to merge in a $130 billion deal that would create an agricultural and ...

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Dow Chemical, DuPont Announce 'Merger Of Equals'

Friday, December 11, 2015

The two chemical giants will temporarily form a $130 billion firm (called DowDuPont) before splitting into three separate companies: agriculture, materials and specialty products.

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Connecticut Governor Wants To Bar People On Watch Lists From Buying Guns

Thursday, December 10, 2015

Connecticut Gov. Dannel Malloy said Thursday he intends to sign an executive order blocking people on federal terrorism watch lists from buying guns in his state.

The order, which Malloy said requires federal approval, would be the first of its kind issued by any governor in the nation and ...

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Fiat Chrysler Fined $70 Million For Failing To Report Safety Data

Thursday, December 10, 2015

The National Highway Traffic Safety Administration has imposed a $70 million civil fine on the parent company of Chrysler for failing to report safety data.

A statement from the agency said Fiat Chrysler Automobiles, or FCA, has acknowledged that it failed to turn in "early warning report" data about ...

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North Face Founder Douglas Tompkins Dies In Kayaking Accident In Chile

Wednesday, December 09, 2015

Tompkins created The North Face and co-founded Esprit, but abandoned the business world to devote himself to environmental causes. He was 72.

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Icelanders Opposed To Government Support Of Religion Form Their Own Religion

Tuesday, December 08, 2015

Icelanders angry about government support of religion have come up with a way of making their unhappiness heard: They've formed their own religion, based on ancient Sumerian texts, and are promising to pass on any public funds they receive to their "congregation."

The group is a means of protesting Iceland's ...

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FTC Sues To Block The Merger Of Office Depot And Staples

Monday, December 07, 2015

The Federal Trade Commission has taken the first step toward blocking the proposed $6.3 billion merger of Staples and Office Depot, saying the deal would hurt competition in the market for office supplies sold to large corporations.

The commission filed an administrative complaint charging that the merger between Massachusetts-based ...

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Falling Oil Prices Hit Levels Not Seen Since 2009

Monday, December 07, 2015

Oil prices fell to their lowest levels in seven years, after OPEC officials failed to agree Friday on how to address the global supply glut.

By midday Monday, Brent crude futures fell 5 percent to $40.68 a barrel, the lowest price since 2009. The U.S. oil benchmark West Texas Intermediate ...

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Does Japan Need Some Binders Full Of Women?

Monday, December 07, 2015

A campaign by Japan's government to encourage the hiring of women for senior government and business positions as a way of stimulating the economy has fallen short of its goals.

The government's Gender Equity Bureau has lowered its target for women executives in government to 7 percent from 30 ...

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Jimmy Carter Announces That His Cancer Is Gone

Sunday, December 06, 2015

The former president paused during his regular Sunday School class to relay some good news: His melanoma is gone. Carter's been undergoing radiation and drug treatment to battle the disease.

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Effort To Build The World's Biggest Telescope Hits A Big Snag

Friday, December 04, 2015

An international consortium that wants to build the world's biggest telescope on the Big Island of Hawaii says it's deciding what to do next, after the state's Supreme Court invalidated the project's building permit.

The consortium "will follow the process set forth by the state, as we always have. We ...

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EU Investigating Tax Deal Between Luxembourg, McDonald's

Thursday, December 03, 2015

European regulators have launched an investigation into Luxembourg's tax treatment of McDonald's, saying the fast-food giant's franchise office has paid virtually no taxes on franchise profits it earned in Europe and Russia since 2009.

It's the latest in a series of investigations into corporate tax avoidance schemes by the ...

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