Business

The Two-Way
6:44 am
Fri August 1, 2014

Unemployment Ticks Up To 6.2 Percent; 209,000 Jobs Added

Construction workers building a commercial complex Thursday in Springfield, Ill., earlier this month. The sector has been on a gradual rebound following a devastating hit during the housing collapse in 2008.
Seth Perlman AP

The nation's unemployment rate moved up a bit in the month of July, to 6.2 percent, as more Americans who'd been sitting on the sidelines started looking for work, according to the latest monthly report released by the Bureau of Labor Statistics. Nonfarm payrolls increased by 209,000 jobs, a bit less than economists had expected.

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Business
5:14 am
Fri August 1, 2014

Small French Company Challenges Telecom Titans For T-Mobile

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
5:14 am
Fri August 1, 2014

Economists Expect Strong July Jobs Report

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
4:46 am
Fri August 1, 2014

Everyone Goes To The Store To Get Milk. So Why's It Way In The Back?

Originally published on Fri August 1, 2014 5:14 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
4:05 am
Fri August 1, 2014

Minnesota's Minimum-Wage Workers Get 75-Cent Increase

Originally published on Fri August 1, 2014 5:48 am

Copyright 2014 Minnesota Public Radio. To see more, visit http://www.mpr.org/.

Business
4:05 am
Fri August 1, 2014

Never Mind The Cronut. Now There's An Ice Cream Sundae In A Can

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
3:00 am
Fri August 1, 2014

Tensions Stir At EPA Hearings On New Emission Rules

Some 5,000 union members, led by the United Mine Workers of America, march outside the William S. Moorhead Federal Building on Thursday in Pittsburgh. The city hosted two days of public hearings by the Environmental Protection Agency on stricter pollution rules for coal-burning power plants.
Gene J. Puskar AP

Originally published on Fri August 1, 2014 5:14 am

The coal industry made its presence known in Pittsburgh this week for public hearings on President Obama's controversial plan to address climate change. A key element is rules the Environmental Protection Agency proposed in June. They would cut greenhouse gas emissions — chiefly carbon dioxide — from existing power plants. The national goal is 30 percent by 2030, based on 2005 levels.

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The Salt
3:45 pm
Thu July 31, 2014

When China Spurns GMO Corn Imports, American Farmers Lose Billions

A corn purchaser writes on his account in northwest China in 2012. In November 2013, officials began rejecting imports of U.S. corn when they detected traces of a new gene not yet approved in China.
Peng Zhaozhi Xinhua/Landov

For a while there, China was the American farmer's best friend. The world's most populous nation had so many pigs and chickens to feed, it became one of the top importers of U.S. corn and soybeans almost overnight.

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All Tech Considered
3:36 pm
Thu July 31, 2014

Weekly Innovation: 3-D Printed Fashion For Your Feet

"Myth" is Continuum's flagship, 3-D printed shoe collection. Continuum is based in New York City.
Continuum

Originally published on Thu July 31, 2014 5:51 pm

This post is part of our Weekly Innovation series, in which we explore an interesting idea, design or product that you may not have heard of yet. Do you have an innovation to share? Use this quick form.

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The Two-Way
2:23 pm
Thu July 31, 2014

Dow Dives 317 Points, Erasing A Month Of Gains

Originally published on Thu July 31, 2014 3:43 pm

Updated at 4:20 p.m. ET.

The Dow Jones industrial average lost more than 317 points today, closing at 16,563, wiping out the index's gains for the month of July.

The Nasdaq fell 93 points, closing at 4,369. The Standard & Poor's 500 fell 2 percent to 1,930.

It was the worst daily decline since April and the first monthly drop since January.

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Shots - Health News
2:20 pm
Thu July 31, 2014

Amid Smoking Decline, Look Who's Still Lighting Up

Tobacco giant Reynolds American is buying Lorillard and acquiring Newport, a popular menthol cigarette. In a shrinking market, Newport is one of the few U.S. brands gaining market share. It is particularly popular among African-American smokers.
Justin Sullivan Getty Images

Originally published on Thu July 31, 2014 6:07 pm

Robin Koval is making a career of her changed tobacco habit.

"I'm a child of a smoker — my father was a heavy smoker," Koval says. "Really typical to the way the story goes, I started smoking when I was 15."

Now she is president and CEO of Legacy, a foundation devoted to preventing tobacco use.

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Deceptive Cadence
4:33 am
Thu July 31, 2014

On The Eve Of A Possible Lockout, Met Opera Talks Remain Contentious

A worker unveils posters Tuesday for the coming season of New York's Metropolitan Opera. The Met's fall schedule could be in jeopardy if failed labor negotiations result in a lockout Friday.
John Moore Getty Images

Originally published on Thu July 31, 2014 6:12 am

At the Metropolitan Opera, drama is usually onstage. But for the past several months, it's been in the newspapers.

Contract deadlines for 15 of the 16 unions at the Met in New York are set to expire at midnight tonight, and negotiations will likely go down to the wire. A lockout shutting down the world's largest opera house seems imminent.

Management wants concessions from the unions to offset dwindling ticket sales. Union employees think they're being asked to pay for unchecked spending.

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Business
4:33 am
Thu July 31, 2014

Send Your Dearly Departed Dog Into Space

Originally published on Thu July 31, 2014 6:12 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

LINDA WERTHEIMER, HOST:

Our last word in Business Today is all dogs go to space.

RENEE MONTAGNE, HOST:

Commercial flight is an industry still in its infancy, though, for several years humans have been able to blast off in the afterlife.

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Business
4:33 am
Thu July 31, 2014

Senate Antitrust Panel Eyes Contact Lens Pricing Policies

Originally published on Thu July 31, 2014 6:12 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Food
3:53 am
Thu July 31, 2014

Red Robin's 'Monster' Burger Wins Xtreme Eating Awards

Originally published on Thu July 31, 2014 6:12 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Sports
3:09 am
Thu July 31, 2014

A Prospective Pro Athletes' Backup Plan? Pit Crewing For NASCAR

Originally published on Thu July 31, 2014 6:12 am

Copyright 2014 WFAE-FM. To see more, visit http://www.wfae.org.

NPR Story
3:07 am
Thu July 31, 2014

Argentina Is In Default. What Does That Actually Mean?

Originally published on Thu July 31, 2014 6:12 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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The Salt
4:33 pm
Wed July 30, 2014

Why Your 'Small-Batch' Whiskey Might Taste A Lot Like The Others

Bulleit is one of 50 different brands a food blogger says is using whiskey from an Indiana factory.
Mike McCune/Flickr

Originally published on Wed July 30, 2014 5:38 pm

It's a good time to be a whiskey maker, and craft whiskeys are all the rage, with names like Bulleit, Redemption, Templeton and George Dickel.

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Economy
4:02 pm
Wed July 30, 2014

Job Worries Linger, But The Economy Is Looking Good

Assembly-line workers at the Chrysler plant in Sterling Heights, Mich. The economy is getting good marks in the latest data, but some worries about the job market continue.
Paul Sancya AP

Originally published on Wed July 30, 2014 4:28 pm

Five years after the Great Recession ended, where are we with this recovery?

On Wednesday, the Commerce Department and the Federal Reserve both answered by saying, in effect:

We're in a sweet spot — growing at a decent rate with good reason for optimism.

Or as the Fed blandly put it, "economic activity will expand at a moderate pace."

President Obama, speaking on the economy in Kansas City, Mo., was more effusive.

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Theater
3:37 pm
Wed July 30, 2014

Why Are Theater Tickets Cheaper On The West End Than On Broadway?

Originally published on Wed July 30, 2014 5:07 pm

It's a Wednesday afternoon in London and a bunch of kids are standing outside a West End theater, giddily unaware that their parents have just shelled out a lot of money for the experience they're about to have. A giant sign over their heads shows a silhouette of a girl standing on a swing, her hair flying behind her in the wind — it's a matinee performance of Matilda.

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Around the Nation
3:04 pm
Wed July 30, 2014

Grocery Chain Workers Want Their CEO Back

Rank-and-file Market Basket employees show support for ousted CEO Arthur T. Demoulas.
Curt Nickisch WBUR

Originally published on Thu July 31, 2014 8:27 am

If your boss was fired, would you walk off the job in protest?

That's what's happening at the New England grocery store chain Market Basket, which has 25,000 employees. Business at Market Basket stores has slowed to a trickle as workers disrupt operations, stage protests and ask shoppers to stay away.

They say CEO Arthur T. Demoulas treats them well, and they want him reinstated.

Outside the Market Basket store in Somerville, Mass., a dozen workers wave protest signs as cars honk in support. Gabriel Pinto, a bagger, says he wants the new top executives gone.

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The Two-Way
2:27 pm
Wed July 30, 2014

Judge Orders Bank Of America To Pay $1.3 Billion Fine

U.S. Attorney Preet Bharara applauded a judge's ruling in a major fraud case.
Richard Drew AP

Originally published on Wed July 30, 2014 3:08 pm

A federal judge has ordered Bank of America to pay a $1.27 billion fine for fraud perpetrated by Countrywide Financial Corp., a mortgage company the bank acquired in 2008.

Last October, a jury held Bank of America liable for bad loans Countrywide sold to Fannie Mae and Freddie Mac as part of its "Hustle" mortgage-lending program as the housing market soured in 2007 and 2008.

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All Tech Considered
1:07 pm
Wed July 30, 2014

Can Pinterest Compete With Google's Search?

Pinterest has created a database of "things in the world that matter to human beings," says Alexis Madrigal.
Pinterest

Originally published on Wed July 30, 2014 1:45 pm

The Pinterest interface is simple: Just click a button, and any Web page gets broken down into its constituent images. Any of those can be added to your own set of images, known on Pinterest as a board. Other people can find those boards and copy what they like — or simply search through all the photos on the site.

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The Two-Way
12:38 pm
Wed July 30, 2014

Fed Continues To Scale Back Economic Stimulus

Earlier this month, Fed Chair Janet Yellen told Congress that the economy is improving but hasn't bounced back all the way.
Pablo Martinez Monsivais AP

Originally published on Wed July 30, 2014 2:29 pm

The Federal Reserve announced Wednesday that it will ease up slightly on its efforts to stimulate the economy.

Fed officials said that there is still room for improvement in the labor market, but with the economy growing, they expressed concern that inflation might start ticking up.

Continuing its own recent trend, the Fed announced it will be buying up fewer financial assets. It's on track to end its bond-buying program in October.

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All Tech Considered
11:12 am
Wed July 30, 2014

Some Loyal Foursquare Users Are Checking Out After Swarm Spinoff

Foursquare is about to unveil its new Yelp-like app, which meant moving the users who liked it for checking in to a new app, Swarm.
Courtesy of Foursquare

Originally published on Wed July 30, 2014 3:33 pm

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World
8:11 am
Wed July 30, 2014

Bolivia Makes Child Labor Legal, In An Attempt To Make It Safer

A young girl sells pastries on a street in El Alto, Bolivia. While most of the world is trying to put an end to child labor, Bolivia has legalized it.
Juan Karita AP

Originally published on Wed July 30, 2014 1:24 pm

A new law in Bolivia allows children as young as 10 to work legally, and has led to sharp criticism from many international human rights groups who note that it goes against a United Nations convention setting a minimum age of 14.

But supporters of the legislation say that the law guarantees legal protections and fair wages for children, who have been working regardless of laws against it.

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The Two-Way
7:05 am
Wed July 30, 2014

U.S. Economy Rebounds In Spring With GDP Expanding At 4 Percent Rate

Originally published on Wed July 30, 2014 9:51 am

The Commerce Department had some good news about the U.S. economy today: Rebounding from a quarter of negative growth, the country's gross domestic product expanded at a 4 percent annual rate during the second quarter.

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Europe
4:09 am
Wed July 30, 2014

France's Nude Models Threaten To Strike

Originally published on Wed July 30, 2014 6:07 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Sports
3:58 am
Wed July 30, 2014

NCAA Head-Injury Settlement Includes $70 Million Medical Fund

Originally published on Wed July 30, 2014 6:07 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
3:48 am
Wed July 30, 2014

Ruling: McDonald's Can Be Held Liable For Franchises' Labor Violations

Originally published on Wed July 30, 2014 6:07 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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