I spoke yesterday with Dan Sichel, a Wellesley economist and a Lady Gaga fan. Both of these facts are relevant for this story.
The U.S. government is about to tweak the way it measures the economy, and some of the biggest changes will affect the entertainment industry.
Under the current system, Sichel told me, Lady Gaga's sales of concert tickets, online songs and CDs all count toward gross domestic product. But the value of the time she spends in the studio working on new songs isn't counted. That's about to change.
Three women in coffee leading the way: Stephanie Backus of Portland Roasting, coffee farmer Miguelina Villatoro of Guatemala, and coffee exporter/processor Loyreth Sosa. Here they discuss coffee prices as they survey beans ready for milling.
Credit David Gilkey / NPR
Margaret Swallow co-founded the International Women's Coffee Alliance a decade ago.
Ford, the No. 12 passenger-car seller in China, is showing off 23 vehicles at its exhibit at the Shanghai International Automobile Industry Exhibition this week.
Chang'an Ford Mazda Automobile Co. Ltd. Executive Vice President Luo Minggang (left) and President Marin Burela unveil the new Ford Mondeo model at the Shanghai auto show this week. Ford's sales in China were up 30 percent last year.
General Motors has been the American car company in China. Even when GM was in bankruptcy, the Chinese continued to view Buick as a high-status, luxury brand.
But now Ford, an also-ran in the market for years, is making a push to change all that. Last year, Ford's sales were up more than 30 percent in China, and the Ford Focus was the best-selling car in both the world and China.
Originally published on Sun April 28, 2013 9:53 am
Defense Secretary Chuck Hagel on Wednesday tried to tone down Israeli claims that the Syrian government has been using chemical weapons.
Chemical weapons use is important, because the United Staes has repeatedly said their use marks a "red line" in the conflict. President Obama and the United Nations have warned President Bashar Assad not to use them.