President Barack Obama is in Panama for the Summit of the Americas, a gathering of American heads of state. This year the leaders will be joined for the first time by Raul Castro, Cuba's leader. For years, Cuba was excluded from the summit, which created tension between Latin American leaders and the U.S.
Disagreement over the U.S. embargo of Cuba wasn't the only gripe Latin American leaders had with U.S. policy in the region. "American presidents have a hard time paying attention to Latin America," says Moises Naim, a fellow at the Carnegie Endowment.
But the Obama Administration seeks to slow the tide of illegal immigrants, so Naim says "the top priority for the United States ... is to have strong economies that produce jobs."
That's a shift from years of sending money to the region's militaries to pay for the War on Drugs.
"The United States has moved beyond a single policy toward Latin America," said Bruce Bagley, a professor of political science at the University of Miami. But focusing on poverty alleviation in places like Honduras, which has high violence and a high level of emigration, isn't easy, because "one of the major constraints is the absence of capital and expertise," he said.
That absence of capital is one reason why cabinet member and U.S. Small Business Administrator Maria Contreras-Sweet was in Panama to announce a new partnership between the SBA and ConnectAmericas, a social network for Latin American entrepreneurs. "That's how we help their youth change their future and change their lives," Contreras-Sweet says.
LinkedIn, the professional networking site, is purchasing Lynda.com, the online video training company, in a deal worth $1.5 billion in cash and stock. The acquisition is expected to close in the second quarter of 2015, LinkedIn said in a press release.
"The combination of LinkedIn and lynda.com is the kind of fit that benefits everyone," LinkedIn CEO Jeff Weiner wrote in a company blog post. "LinkedIn has the members, the jobs... and... can be accessed by roughly 350 million people to share professionally relevant knowledge. lynda.com's service has the premium library of skills-based courses."
The acquisition makes sense in terms of LinkedIn's goals "to build out kind of an entire ecosystem around training, job recruitment, job hiring, talent development," says Analyst Mark Mahaney of RBC Capital Markets.
But it also has pitfalls for LinkedIn, says Colin Gillis of BGC Partners. "You're paying $1.5 billion for a business that is a subscription business and may come into pressure from free sites like YouTube."
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That's how much LinkedIn paid for Lynda.com, an online video training company. The huge price tag may be worth it for LinkedIn. As part of LinkedIn's broad strategic ambition, the acquisition build out an ecosystem around training, recruitment, hiring, and talent development.100 million
That's how many chicken wings sports bar chain Buffalo Wild Wings sold during this year's NCAA basketball tournament, Bloomberg reported. The Minneapolis-based company has been on an extraordinary rise, riding the fast-casual wave and adapting to volatile wing prices and crowds that come and go with sports seasons.650
That's how many men and women under 25 working at the IRS. The total staff? 87,000. The IRS is trying to convince more millennials it's cool to work for the tax agency, according to Bloomberg. Four years from now, about 40 percent of its workforce will be eligible to retire. The recruiting page for student and recent grads reads, "You’ll be part of a tax collection process that funds our nation’s most vital programs—from securing the nation and protecting social services, to maintaining parklands and forests, building libraries, opening museums, enhancing schools and much, much more.”April 24
The hotly anticipated release of the Apple Watch. But Business Insider notes Apple is changing the way it approaches launch day, letting people try on the smart watch by appointment and encouraging them to order online. Part of this shift is practical — with so many watch combinations and price points, it could be tough to keep everything in stock — but it's also about image. Apple's new retail chief came over from Burberry, and the Watch is being sold in part as a luxury item. Long lines and tents outside of the store isn't exactly classy.87 days
That's how long oil flowed into the Gulf of Mexico after the Deepwater Horizon oil rig exploded in 2010, spilling nearly 5 million gallons. Five years later, the Gulf's reputation for great seafood is starting to recover, but there isn't as much to sell as there used to be.160 liters
That's how much soda the Mexican population consumes every year — or about half a liter per person per day. Mexico drinks more of this sugary stuff than anywhere else in the world. And in areas without easy access to fresh water, people more often turn to soda to quench their thirst. This trend has lead to obesity, but the Mexican government is trying to tackle it with a soda tax.
Supercell thunderstorms produced a large tornado that touched down Thursday night in northern Illinois, killing one person in a tiny community as severe weather pummeled the Midwest.
Courts have ruled that civilians have a constitutional right to videotape police encounters in public. But civilians are not allowed to interfere with police activity.
President Obama said the State Department completed its review. The AP and Reuters are reporting that the department has recommended removing Cuba from the list of state sponsors of terrorism.
For the first time ever, two black dancers will star in 'Swan Lake' in a major American production. NPR's Elizabeth Blair peeks behind the curtain to see why it's been so hard for ballet to diversify.