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Must Read Money Stories for Friday, Dec. 19
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Must Read Money Stories for Friday, Dec. 19

By on Dec 19, 2014

Altered states. Nebraska and Oklahoma want the U.S. Supreme Court to declare Colorado’s pot legalization unconstitutional. They’ve filed a lawsuit that claims their law enforcement resources are being strained while dealing with pot that travels across the border into their states. Colorado is raking in the money from taxing marijuana, but both Oklahoma and Nebraska […]

Must Read Money Stories for Thursday, Dec. 18
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Must Read Money Stories for Thursday, Dec. 18

Sony cancels holiday release of The Interview. Sony Pictures Entertainment, which is currently embroiled in a crippling leak brought on by hackers, cancelled the movie’s release due to threats of violence. “Remember the 11th of September 2001,” read the threats — transmitted via email to news outlets — and ultimately prompted major theaters across the […]

The huge economic impact of easing U.S.-Cuban relations
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The huge economic impact of easing U.S.-Cuban relations

Cuba sits just 90 miles from the United States, but for more than a half century, commerce between the two countries has been prevented by an embargo. On Wednesday, Presidents Barack Obama and Raul Castro took the first steps toward re-establishing full diplomatic relations. The announcement came as part of a prisoner exchange that was […]

Entertaining Business: The cost of shelving The Interview
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Entertaining Business: The cost of shelving The Interview

The new Seth Rogen/James Franco vehicle, The Interview, hasn’t even hit theaters yet, and now it looks like it won’t any time soon. Sony Pictures announced Wednesday that it is canceling the Christmas release of the movie, after a number of theater chains in the U.S. and Canada said they wouldn’t show it. The comedic […]

Must Read Money Stories for Wednesday, Dec. 17
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Must Read Money Stories for Wednesday, Dec. 17

Ruble crisis deepens. The value of Russia’s currency just keeps slumping. The ruble has dropped 50 percent relative to the dollar so far this year, according to Reuters. The Washington Post Wonkblog has a nice explainer of what’s behind the crazy drop, and why it’s so bad for Russia. We can explain it here in two […]

Cat cafes: the latest trend in food and philanthropy
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Cat cafes: the latest trend in food and philanthropy

Coffee, tea and adopt a cat. That’s the mantra at the latest trend in cafes that are beginning to spring up across the United States. Cat cafes are already popular in Japan, where there are also cafes featuring owls and penguins, and where many apartment owners ban residents from owning animals. Now, the New York […]

Book Cover featured image
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Introducing Business Beat Basics, our first eBook

One of the most popular features on our website has always been our Business Beat Basics. Now, the Reynolds Center has collected all those tips in a handy eBook. The Reynolds Center Guide To Business Beat Basics is a one-stop place to find all the advice we offer from experienced journalists covering money. Inside, you’ll […]

Must Read Money Stories, Tuesday, Dec. 16
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Must Read Money Stories, Tuesday, Dec. 16

What could have been. Wired’s Mat Honan wrote a wonderful postmortem of Matt Taibbi’s defunct Racket. After launching The Intercept, First Look Media — financed by eBay creator Pierre Omidyar — hired Taibbi to start a site with his own aggressive voice and reporting, but his project never launched after Omidyar squashed it in late […]

Major League Baseball's record revenue year
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Major League Baseball’s record revenue year

If you’re a baseball fan, you’re probably getting emails offering you the chance to purchase season and single game tickets for 2015. And if you buy them before the end of the year, you’ll make 2014 even bigger for Major League Baseball. Forbes reports that MLB expects to close out 2014 with approximately $9 billion […]