Business

Business
3:24 am
Wed July 23, 2014

Don't Make Me Come Back There: Toyota's New Parent-Friendly Options

The new Sienna minivan has an optional pull-down mirror to allow better surveillance of the backseat, and a "Driver Easy Speak" feature that lets you speak to the kids without shouting.

Business
3:23 am
Wed July 23, 2014

Atlantic City's Casino Crisis: A Cautionary Tale

Originally published on

With the announcements of the planned closures of the Showboat and Trump Plaza casinos, the New Jersey town that once had the monopoly on gaming in the northeast is at a crucial turning point.

Business
2:45 am
Wed July 23, 2014

Taking Stock Of 2 Tech Giants: What's Next For Apple And Microsoft

Microsoft's new CEO is getting a lot of love from Wall Street, but the company is struggling to stay relevant. And Apple has found its footing again, mostly through a massive stock buyback program.

The Salt
3:11 pm
Tue July 22, 2014

Glass Or No Glass? That Is The Grill Lid Question

A still from a video showing a glass top grill.
Schott Home Tech/YouTube

We love cooking on our grills, especially in the summertime. Keeping the house cool and avoiding the dish pile up are two major draws โ€“ not to mention the flavor of food cooked over fire.

When we saw a glass-topped grill, shining like Cinderella's slipper in a YouTube video posted by commercial glass maker SCHOTT, we were intrigued. But, we wondered, how the heck do you clean it?

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Economy
2:39 pm
Tue July 22, 2014

Inflation Came In Low Again, But Are There Bubbles?

Federal Reserve Chair Janet Yellen testifies before the Senate Banking Committee on July 15. She said the Fed is likely to keep interest rates low "for a considerable period" since inflation remains so tame.
J. Scott Applewhite AP

Want to borrow money for a car or a home this fall?

Oddly enough, the interest rates available months from now for big-ticket items may be determined by the prices you pay today for everyday consumer goods. When store prices are rising rapidly, policymakers start pushing interest rates higher, too.

But for the moment, at least, inflation appears mild enough to keep interest rates low for a long while.

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U.S.
2:06 pm
Tue July 22, 2014

Deal In Detroit Could Signal Cuts To Pensions Elsewhere

Retirees Mike Shane (left) and William Davis protest near the federal courthouse in Detroit on July 3. Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday.
Paul Sancya AP

It used to be that if you were a public employee, you knew your pension benefits could not be touched.

That's no longer the case.

Pensions have been under political attack in recent years, with some politicians arguing they can't afford to fund generous retirements at the same time they're cutting services. Numerous states and cities have trimmed the type of pension plans they're offering employees โ€” mostly new employees.

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The Two-Way
10:54 am
Tue July 22, 2014

FAA Prohibits U.S. Airlines From Flying To Tel Aviv

A woman passes by a departure board at Philadelphia International Airport showing that US Airways Flight 796 to Tel Aviv has been canceled Tuesday.
Matt Rourke AP

Originally published on Tue July 22, 2014 7:00 pm

The Federal Aviation Administration has issued a 24-hour ban on flights to and from the Tel Aviv airport.

"The notice was issued in response to a rocket strike which landed approximately one mile from Ben Gurion International Airport on the morning of July 22, 2014," the FAA said in a statement.

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Monkey See
10:28 am
Tue July 22, 2014

'Audience Measurement': How Networks And Critics Are Wrestling With Numbers

iStockphoto

If the Television Critics Association press tour of 2014, wrapping up Tuesday and Wednesday with presentations from PBS, has had a catchphrase, it's "audience measurement."

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The Two-Way
8:42 am
Tue July 22, 2014

U.S. Appeals Courts Issue Conflicting Decisions On Obamacare Subsidies

Originally published on Tue July 22, 2014 12:03 pm

A U.S. appeals court on Tuesday dealt a significant blow to the Affordable Care Act, when it threw out an IRS regulation that governs subsidies. But before the ink dried on that decision, another three-judge panel hearing a similar case issued a decision that was completely opposite.

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Shots - Health News
7:43 am
Tue July 22, 2014

States Experiment With Health Savings Accounts For Medicaid

Topp Yimgrimm/iStockphoto

Originally published on Tue July 22, 2014 8:19 am

If all goes according to plan, next year many Arkansas Medicaid beneficiaries will be required to make monthly contributions to so-called Health Independence Accounts. Those who don't may have to pay more of the cost of their medical services, and in some cases may be refused services.

Supporters say it will help nudge Medicaid beneficiaries toward becoming more cost-conscious health care consumers. Patient advocates are skeptical, pointing to studies showing that such financial "skin-in-the-game" requirements discourage low-income people from getting care that they need.

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The Two-Way
7:27 am
Tue July 22, 2014

Detroit Pensioners Approve City's Bankruptcy Plan

Originally published on Tue July 22, 2014 8:19 am

Detroit moved one step closer toward bankruptcy after crossing a major hurdle on Monday.

With a large margin, retired police and firefighters approved modest cuts in their pensions that are part of the city's bankruptcy plans.

The Detroit News reports:

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Movies
3:25 am
Tue July 22, 2014

Piano Made Famous In 'Casablanca' Goes On Auction Block

Originally published on Tue July 22, 2014 11:13 am

Transcript

STEVE INSKEEP, HOST:

And that brings us to today's last word in business. You must remember this - the most famous piano in film history is going up for auction.

(SOUNDBITE OF FILM, "CASABLANCA")

INGRID BERMAN: (As Ilsa Lund) Play it, Sam. Play "As Time Goes By."

DOOLEY WILSON: (As Sam, singing) You must remember this, a kiss is just a kiss. A sigh is just a sigh.

RENEE MONTAGNE, HOST:

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Business
3:22 am
Tue July 22, 2014

Credit Suisse Reports $770 Million Loss

Originally published on Tue July 22, 2014 11:13 am

Transcript

STEVE INSKEEP, HOST:

NPR's Business News starts with big losses at Credit Suisse - really big. The Swiss bank is reporting a net loss of more than $770 million for the second quarter. That's the biggest loss for the bank since the 2008 financial crisis. Much of the loss is due to a legal settlement with U.S. tax authorities. In May, the bank pleaded guilty to helping Americans evade U.S. taxes by hiding the money in Swiss accounts. Credit Suisse paid a fine of $2.6 billion. Transcript provided by NPR, Copyright NPR.

The Salt
2:45 am
Tue July 22, 2014

Some Food Companies Are Quietly Dumping GMO Ingredients

General Mills' original Cheerios are now GMO-free. But you won't find a label on the box highlighting the change.
David Duprey AP

Originally published on Tue July 22, 2014 1:35 pm

A tour of the Ben & Jerry's factory in Waterbury, Vt., includes a stop at the "Flavor Graveyard," where ice cream combinations that didn't make the cut are put to rest under the shade of big trees.

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NPR Story
2:45 am
Tue July 22, 2014

Telecommuting Didn't Work Out For One Transplanted Worker

Originally published on Tue July 22, 2014 11:13 am

Transcript

STEVE INSKEEP, HOST:

This summer, we're also focusing on the high rate of youth unemployment and hearing what some out-of-work younger adults are doing to make ends meet. Christina Gastlelum is 32. She recently moved to Maine from New York City. She tried to keep doing her job as vice president of a nonprofit remotely which did not work out.

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All Tech Considered
4:35 pm
Mon July 21, 2014

Net Neutrality, Shall I Compare Thee To A Highway? A Showerhead?

Members of global advocacy group Avaaz stand next to a digital counter showing the number of petition signatures calling for net neutrality outside the Federal Communication Commission in Washington in January. Avaaz joined other groups to deliver more than a million signatures for a free and open Internet to the FCC.
Kevin Wolf AP

The Federal Communications Commission says it's writing rules for the Internet to preserve the status quo.

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All Tech Considered
2:54 pm
Mon July 21, 2014

1 Million Net Neutrality Comments Filed, But Will They Matter?

Complaints about Janet Jackson's Super Bowl halftime show performance of 2004 led to a record number of public interactions with the Federal Communications Commission. This year's net neutrality comments come in second.
Donald Miralle Getty Images

Originally published on Mon July 21, 2014 6:16 pm

The Federal Communications Commission received more than 1 million public comments on the issue of net neutrality during a five-month commenting period that ended Friday.

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Law
2:18 pm
Mon July 21, 2014

GOP Marks Dodd-Frank's 4th Birthday With Calls For Repeal

Originally published on Mon July 21, 2014 9:10 pm

Transcript

AUDIE CORNISH, HOST:

Four years ago today, President Obama signed a massive overhaul of the nation's financial laws, The Dodd-Frank Wall Street Reform and Consumer Protection Act. The law was a response to the Wall Street bailouts and regulatory failings that sparked the financial crisis and caused the great recession. As NPR's John Ydstie reports, the anniversary is being marked by calls from some to repeal parts of the law.

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The Salt
11:54 am
Mon July 21, 2014

From Scratch Or Not? French Restaurant Law Stirs Controversy

A new logo that is supposed to ensure a Paris restaurant's food is homemade (fait maison in French) is already stirring up controversy.
Miguel Medina AFP/Getty Images

Originally published on Mon July 21, 2014 3:04 pm

If you go to France this summer, you might notice a new logo in restaurant windows or on menus. It's a simple graphic of a rooftop covering a saucepan, and it's supposed to designate fait maison, or homemade. It's designed to highlight places that make their own dishes rather than bringing in frozen or sous vide โ€” prepared meals cooked in a water bath, sealed in airtight plastic bags and designed to be heated up later.

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The Two-Way
5:44 am
Mon July 21, 2014

Book News: 'Big 5' Publishers Absent From Amazon's New E-Book Service

Originally published on Mon July 21, 2014 8:57 am

The daily lowdown on books, publishing, and the occasional author behaving badly.

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Business
4:06 am
Mon July 21, 2014

Arkansas Razorbacks Trademark Famous Hog Call

Originally published on Mon July 21, 2014 6:30 am

The famous hog call chanted by fans of the sports teams of the University of Arkansas Razorbacks is now a registered trademark owned by the school.

Business
4:06 am
Mon July 21, 2014

Report Of Expired Meat Sparks Food Safety Scare In China

Originally published on Mon July 21, 2014 6:30 am

Transcript

STEVE INSKEEP, HOST:

All Tech Considered
3:34 am
Mon July 21, 2014

Next To Silicon Valley, Nonprofits Draw Youth Of Color Into Tech

Taneka Armstrong, 20, is learning about different aspects of the tech industry โ€” from coding to sales โ€” through the nonprofit group Hack the Hood.
Aarti Shahani NPR

Originally published on Mon July 21, 2014 8:07 am

Twenty-year-old Taneka Armstrong wants to land a high-tech job, but her day starts at Taco Bell.

Armstrong stands behind a steel counter, making Burrito Supremes and ringing up customers. She counts pennies and quarters. She also gets orders from her bosses, who she says can be pretty condescending.

"They're just like, 'Oh, did you know that already?' Or, 'Can you do this?' " she says. "Yes, I've been doing it, for almost a year now."

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Code Switch
3:27 am
Mon July 21, 2014

The Youth Unemployment Crisis Hits African-Americans Hardest

Originally published on Mon July 21, 2014 8:50 am

Young people are being chased out of the labor market. Though the national unemployment rate has fallen steadily in recent months, youth unemployment remains stubbornly high, and the jobless rate is even higher among young minorities. For young people between the ages of 16 and 24, unemployment is more than twice the national rate, at 14.2 percent. For African-Americans, that rate jumps to 21.4 percent.

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Business
3:27 am
Mon July 21, 2014

Tobacco Company Told To Pay $23.6B In Lawsuit

Originally published on Mon July 21, 2014 6:30 am

The R.J. Reynolds Tobacco Co. has been hit with a $23.6 billion ruling from a lawsuit brought by a chain smoker's widow.

The Two-Way
3:27 am
Mon July 21, 2014

Rubio: Small Government Can Help Fix Economic Inequality

Florida Sen. Marco Rubio, shown here at an event in Washington last month, spoke with NPR's Morning Edition about the country's economic challenges.
Molly Riley AP

Originally published on Mon July 21, 2014 7:07 am

Sen. Marco Rubio, a potential 2016 GOP presidential contender, is concerned about issues of access to affordable education, availability of job training and prospects for economic mobility. While shunning the "income inequality" language of the left, he insists that those problems need to be viewed through the lens of limited government.

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Business
8:37 am
Sun July 20, 2014

Justice Dept. Charges FedEx For Online Drug Shipments

Originally published on Sun July 20, 2014 10:08 am

Transcript

ARUN RATH, HOST:

A federal grand jury indicted FedEx last week on charges the company knowingly shipped drugs from illegal online pharmacies. NPR's Yuki Noguchi reports the disputes over shippers' responsibilities in the illegal drug trade go back many years.

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The Two-Way
8:21 am
Sun July 20, 2014

R.J. Reynolds Vows Appeal Of $23 Billion Cancer-Death Verdict

Camel cigarettes, an R.J. Reynolds brand, are seen on display at JJ&F Market in in Palo Alto, Calif. The company has vowed to appeal a $23 billion judgement.
Paul Sakuma AP

Originally published on Sun July 20, 2014 10:01 am

R.J. Reynolds Tobacco Co., the nation's second-largest cigarette maker, is vowing to fight a verdict of $23.6 billion in punitive damages to the widow of a smoker who died of lung cancer.

Calling the massive award "grossly excessive and impermissible under state and constitutional law," the tobacco company's CEO, J. Jefferey Raborn, said the verdict was "beyond the realm of reasonableness and fairness, and is completely inconsistent with the evidence presented."

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Business
2:42 pm
Sat July 19, 2014

Temporary Tenants Give Luxury Homes A Lived-In Look

Alan Shuminer lives on two acres of land in a house with a current list price of $3.3 million in Miami รขย€ย” and he only pays $2,600 a month. He is a home manager for Showhomes, a home staging company.
Showhomes

Bernie Schupbach needed to sell his home in the height of the real estate crash.

His home in Yorkville, Ill., was unoccupied. It had lingered on the market for a long time โ€” and Schupbach, a radiologist in Aurora, Ill., was growing uncomfortable.

"To me, you worry about a pipe breaking in winter. You worry about the heat going out. You worry about vandals. You worry about animal infestation," he says. "My big concern was: There's nobody there, I'm 30 miles away."

Then somebody mentioned Showhomes to Schupbach and his wife, Lynn.

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The Two-Way
10:25 am
Sat July 19, 2014

States That Raised Minimum Wage See Faster Job Growth, Report Says

Seattle Mayor Ed Murray (right) and Seattle City Council President Tim Burgess cut a cake to celebrate city's raised minimum wage.
Ted S. Warren AP

Originally published on Sat July 19, 2014 4:42 pm

New data released by the Department of Labor suggests that raising the minimum wage in some states might have spurred job growth, contrary to what critics said would happen.

In a report on Friday, the 13 states that raised their minimum wages on Jan. 1 have added jobs at a faster pace than those that did not. The data run counter to a Congressional Budget Office report in February that said raising the minimum wage to $10.10 an hour, as the White House supports, would cost 500,000 jobs.

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