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For American workers, noncompete agreements are pervasive – and might hold down their wages

Jul 5, 2018
You’ll find noncompete agreements where you might not expect. They govern many a low-wage worker, and limit employee mobility in occupations like fitness instructors and hair stylists.
Sean Gallup/Getty Images

Pizza Hut is now the official pizza of the NFL

Feb 28, 2018
Pizza Hut is replacing Papa John’s, which announced yesterday it was ending its contract with the National Football League. The league’s viewer numbers are down over the last couple of years. And a few months ago, Papa John’s then-CEO John Schnatter blamed players’ kneeling in protest during the national anthem as a big part of […]

MIT's Bengt Holmstrom and Harvard's Oliver Hart win Nobel prize in economics

Oct 10, 2016
The two were awarded for their work on contract theory.
From left to right: Tomas Sjoestroem, member of the Committee for the Prize in Economic Sciences in Memory of Alfred Nobel; Goran K. Hansson, Secretary General of the Royal Swedish Academy of Sciences; and Per Stromberg, Chairman of the Committee for the Prize in Economic Sciences in Memory of Alfred Nobel, attend a press conference at the Royal Swedish Academy of Sciences where they present the laureates for the Nobel prize in economics.

Brexit could be a goldmine for lawyers

Jun 28, 2016
The legal industry has a lot of fine print to sort through. But the benefits could be short-lived.
A scene in the Central Criminal Court at the Old Bailey, London.
Hulton Archive/Getty Images

Brexit: Corporations read the fine print

Jun 27, 2016
Contracts often include clauses that say companies don't have to be pursued if circumstances change
A trader watches his monitor on June 24, 2016, after the result of Britain's in-out referendum on EU membership, as Britain voted to leave the European Union. 

Another reason big companies don’t want you to read the fine print

Nov 2, 2015
Companies are using arbitration clauses to keep consumers from filing lawsuits.

Ex-Im Bank, to reauthorize or not to reauthorize

Jun 30, 2015
The Export Import Bank’s charter expires Wednesday at midnight.

For public good, not for profit.

Autoworkers want to make up for long wage freeze

Dec 10, 2014
Automakers' profits are up, in part because assembly-line wages are down.