NPR's business news starts with what happens in Vegas...
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GREENE: What happens in Vegas doesn't always stay in Vegas, especially if it involves taxpayer dollars.
The head of a federal agency has resigned after reports of inappropriate spending at a conference near Las Vegas. Martha Johnson led the General Services Administration, which manages the federal government's property.
Global Payments, a third-party processor of credit card payments for Visa, MasterCard and Discover, said late last night that the data breach made public last week may have risked about 1.5 million credit card numbers.
When you think of cutting-edge technology, power tools don't generally come to mind. Take the table saw: Many woodworkers are using 30-year-old saws in their wood shops and, among the major tool companies, there hasn't been much innovation since those decades-old tools came out.
But more and more inventors are trying to make these saws safer — and David Butler is one of them. At his home in Cape Cod, Mass., Butler flips on the fluorescent lights in his basement turned wood shop.
The rising cost of oil isn't just a hit to the family budget. Businesses are hurt, too. Few are more affected than firms like FedEx. It deploys nearly 700 planes and tens of thousands of trucks and vans every day to deliver packages around the world. And few business leaders are more focused on finding alternatives to petroleum-based fuels than FedEx CEO Fred Smith.
Shortly after Smith founded Federal Express, the 1973 Arab oil embargo almost killed it. The experience imprinted Smith with a keen interest in the price and availability of oil.