Jim Zarroli

Jim Zarroli is a business reporter for NPR News, based at NPR's New York bureau.

He covers economics and business news including fiscal policy, the Federal Reserve, the job market and taxes

Over the years, he's reported on recessions and booms, crashes and rallies, and a long string of tax dodgers, insider traders and Ponzi schemers. He's been heavily involved in the coverage of the European debt crisis and the bank bailouts in the United States.

Prior to moving into his current role, Zarroli served as a New York-based general assignment reporter for NPR News. While in this position he covered the United Nations during the first Gulf War. Zarroli added to NPR's coverage of the aftermath of Hurricane Katrina, the London transit bombings and the September 11, 2001 attacks on the World Trade Center.

Before joining the NPR in 1996, Zarroli worked for the Pittsburgh Press and wrote for various print publications.

Zarroli graduated from Pennsylvania State University.

In a blog post published Monday morning, Amazon is pushing back against an August story in The New York Times that portrayed it as a soul-crushing workplace where employees were forced to work long hours and encouraged to tear each other apart at meetings.

She liked it so much, she bought the company.

Oprah Winfrey will acquire a 10 percent stake in Weight Watchers International for $43.2 million and take a seat on its executive board, the company announced today. She will also receive options to buy an additional 5 percent stake.

One person was killed and five were injured late Saturday when a shooter fired on a crowd at Zombicon, a Florida charitable festival where people dress up as zombies.

The shooting sent dozens of festival-goers, many of them in costumes, running through the streets of downtown Fort Myers, Fla., in chaos and panic, according to the News-Press.

The shooter is still at large, police said.

Double-amputee sprinter Oscar Pistorius will be released on parole on Tuesday, one year after his conviction for killing his girlfriend by shooting her through a bathroom door, South African officials say.

He will be held temporarily under house arrest, and his parole will continue through 2019.

Taking on Wall Street makes for good politics in the Democratic Party. And several of the candidates at Tuesday night's debate had tough words about big banks. That was particularly true of former Maryland Gov. Martin O'Malley and Vermont Sen. Bernie Sanders.

Although he didn't say so directly, O'Malley suggested several times that consolidation in the banking business was a big factor in the 2008 financial crash and that the U.S. economy remains vulnerable because of it.

The Minnesota dentist who killed Cecil the black-maned lion in Zimbabwe last summer, generating international outrage, won't face charges and can return to the country, government officials said.

Zimbabwe officials announced last summer that they would try to extradite Walter Palmer, the big-game hunter who killed Cecil in a bow-hunt, after allegedly paying $50,000 for the "privilege." But after reviewing the case, they decided Palmer hadn't broken any hunting laws.

After just a week back on the job, Twitter CEO Jack Dorsey is making his presence felt in a big way, announcing plans to cut up to 8 percent of the workforce at the money-losing messaging company.

The cuts, some 336 of them, were approved by Twitter's board on Monday, as part of what the company calls "an overall plan to organize around the company's top product priorities and drive efficiencies."

In corporate speak, that means: "We need to get our act together before too many more investors lose patience with us."

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Almost as soon as President Obama's new plan to limit carbon emissions was unveiled, opponents were lining up to oppose it. The new rules would require states to lower their carbon emissions by nearly a third over the next decade and a half.

The rules will deal a big blow to some energy sectors — especially coal. But there are also industries that will benefit from the plan.

This week the Greek Parliament approved a set of reforms it hopes will lead a new bailout. The country remains under strict capital controls that bar people from sending money abroad. In a country that imports much of what it uses and eats, that's having a debilitating effect on the economy.

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Whatever comes of the latest bailout plan for Greece, it may not be enough to save the country's economy, a new report from the International Monetary Fund says.

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And more now on Scott Walker's tenure as governor of Wisconsin. Since he took office, unemployment in his state has fallen and growth has resumed. But critics say Wisconsin's rebound is less impressive than it might seem. NPR's Jim Zarroli reports.

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As they rapidly run out of cash, Greece's banks could hardly be in a more precarious position.

For months, as this crisis has intensified people have been slowly withdrawing their money. The banks have been able to do business only because of emergency loans from the European Central Bank.

But when Greece missed a payment to the International Monetary Fund this week, the ECB decided not to lend any more money.

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Economists surveyed by Reuters are predicting that employers added about 230,000 jobs to their payrolls in June. That's less than the month before but still a pretty strong showing.

Because of the Independence Day holiday, the unemployment report is being released on Thursday at 8:30 a.m. ET. It is normally issued on a Friday.

The U.S. economy slowed a lot over the winter, but as the weather has improved so has the job market. On Wednesday, the payroll processing company ADP said private employers added about 237,000 jobs in June — the biggest gain since December.

This story was updated at 7 p.m. ET.

The deadline passed Tuesday evening for Greece to make a key loan payment to the International Monetary Fund — putting it a step closer toward quitting the euro.

It's not just the Lucky Charms that are getting a makeover at General Mills. The company's announcement Monday that it is removing artificial colors and flavors from its cereal line is part of a much bigger overhaul at the food giant.

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European leaders hold an emergency summit in Brussels on Monday in an effort to prevent Greece from defaulting on its debts. Greece owes the International Monetary Fund $1.8 billion by the end of this month, and it needs Europe's help to make the payment. But the Athens government is refusing to commit to an economic overhaul package that officials are demanding.

Greece has come close to default many times before — only to work out a last-minute compromise with its creditors. This time, though, it faces much longer odds.

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Republicans are often seen as the party of business. So it's a little ironic that some of the most vocal opposition to the Export-Import Bank comes from conservative Republicans, such as Ohio Rep. Jim Jordan.

"If we're ever going to get rid of all the corporate connectedness, all the corporate welfare, you've got to start with the most egregious one and the most obvious one and that's the Export-Import Bank," he says.

Four major banks — Citicorp, JPMorgan Chase, Barclays and the Royal Bank of Scotland — have agreed to plead guilty to currency manipulation and pay over $5 billion in fines. Officials say that traders from the banks, who allegedly called themselves "the cartel," used secret codes to manipulate the exchange rate between U.S. dollars and Euros. Meanwhile, the Justice Department has taken the unusual step of tossing out what's called a deferred prosecution agreement against a fifth bank.

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The annual meeting is a staple of corporate life. It's a chance for even a small shareholder to take the measure of a company's managers, to ask a question or express a beef about a company actions.

But here's the dirty secret about shareholder meetings: Unless the company is huge or there's some controversy going on, hardly anyone shows up.

It has been five years since the so-called flash crash on Wall Street raised big questions about computerized trading. What caused the flash crash has been a topic of debate ever since. U.S. officials revived the debate this week by arresting a little-known trader in London.

May 6, 2010 started out as an ordinary trading day on Wall Street. Then, at around 2:45 in the afternoon, the Dow Jones Industrial Average plunged nearly 600 points within the space of a few minutes, before correcting itself.

Officials of Comcast and Time Warner Cable met Wednesday with federal regulators to discuss the companies' proposed $45 billion merger. The deal would create a single company that would control large parts of the cable TV and broadband Internet markets.

A published report said recently that Justice Department staff members have decided to oppose the deal on antitrust grounds. But company officials are using a lot of firepower to get the deal approved.