Business

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

The aisles and food cases are largely empty inside a Market Basket in Somerville, Mass. Workers have disrupted operations by leaving produce to spoil in the back of the store and parking semitrucks to block loading bays.
Curt Nickisch WBUR

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

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/.

Transcript

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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/.

Transcript

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Economy
2:59 am
Wed July 30, 2014

New York Skyscraper's Separate 'Poor Door' Called A Disgrace

Lower-income residents may find affordable housing hard to come by in Manhattan.
Seth Wenig AP

Originally published on Wed July 30, 2014 10:54 am

New York City Mayor Bill de Blasio's administration is under fire for signing off on a building plan that allows a new luxury high-rise on Manhattan's western edge to have a separate entrance for low-income residents.

About 20 percent of the units in the 33-story tower will be reserved for low- and middle-income residents. But all the affordable units will be grouped in one area, and those tenants will have to enter through a separate door.

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Around the Nation
2:59 am
Wed July 30, 2014

As Pharma Jobs Leave N.J., Office Space Ghost Towns Remain

Tom Stanton of the real estate firm Jones Lang LaSalle shows off empty lab space at Roche in Nutley, N.J.
Daniel Tucker WNYC

Originally published on Wed July 30, 2014 11:04 am

New Jersey used to be known as "the nation's medicine chest," but over the past two decades, many of the state's pharmaceutical industry jobs have dried up or moved elsewhere, and left millions of square feet of office space, warehouses and laboratories sitting empty.

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Business
2:59 am
Wed July 30, 2014

U.S. Judge Sides With Iraq, Blocks Kurds' Attempt To Sell Oil

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

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

Transcript

LINDA WERTHEIMER, HOST:

As Iraq has been torn apart by sectarian violence, the country's Kurdish population has moved towards independence with income from oil.

RENEE MONTAGNE, HOST:

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World
2:59 am
Wed July 30, 2014

How Much Impact Will New Sanctions Have On Russia?

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

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

The Two-Way
4:19 pm
Tue July 29, 2014

McDonald's Responsible For Treatment Of Workers, Agency Says

The National Labor Relations Board says McDonald's shares responsibility for how workers are treated at its franchised restaurants.
Gene J. Puskar AP

Originally published on Tue July 29, 2014 5:04 pm

McDonald's shares responsibility for how workers are treated at its franchised restaurants, the general counsel's office for the National Labor Relations Board announced Tuesday.

Since November 2012, NLRB has had 181 cases filed involving McDonald's. Many have been dismissed, but the agency said that McDonald's USA LLC will be considered a joint employer in cases that are found to have merit.

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Digital Life
2:59 pm
Tue July 29, 2014

OkCupid Sometimes Messes A Bit With Love, In The Name Of Science

Originally published on Tue July 29, 2014 5:31 pm

OkCupid, the online dating site, disclosed Monday that they sometimes manipulate their users' profiles for experiments. Christian Rudder, co-founder and president of OkCupid, tells Audie Cornish that these experiments help the site improve how it works.

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

Transcript

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The Two-Way
1:23 pm
Tue July 29, 2014

Kurdish Oil Shipment Too Far Offshore For U.S. To Seize

At a news conference last month, Iraqi Kurdish leader Massoud Barzani said there was no going back on autonomous Kurdish rule in the oil center of Kirkuk
Safin Hamed AFP/Getty Images

Originally published on Tue July 29, 2014 7:05 pm

This post was updated at 9 p.m. ET.

A U.S. judge says an order she gave late Monday to impound a tanker full of Kurdish oil off the coast of Galveston, Texas, cannot be enforced, Reuters reports. The tanker, carrying $100 million worth of oil from Iraq, was in international waters and could not be seized by U.S. Marshals, the news agency says. It adds:

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The Salt
12:23 pm
Tue July 29, 2014

Widely Used Insecticides Are Leaching Into Midwest Rivers

The U.S. Geological Survey found that neonicotinoids are leaching into streams and rivers in the Midwest, including the Missouri River, shown here in Leavenworth, Kan.
Dean Bergmann iStockphoto

Originally published on Tue July 29, 2014 2:42 pm

A class of insecticides called neonicotinoids, which are used on a lot of big corn and soybean fields, has been getting a pretty bad rap lately.

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The Two-Way
12:12 pm
Tue July 29, 2014

Chances Are Pretty Good That's A Bill Collector Calling

According to the Urban Institute report, the typical adult in trouble with bill collectors has a median debt of $1,350.
DNY59 iStockphoto

Originally published on Tue July 29, 2014 12:43 pm

In about one-third of U.S. households, the sound of a phone or doorbell ringing may trigger a desire to duck.

That's because roughly 77 million adults with a credit file have at least one debt in the collection process, according to a study released by the Urban Institute, a research group. A credit file includes all of the raw data that a credit bureau can use to rank a borrower's creditworthiness.

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The Two-Way
11:11 am
Tue July 29, 2014

Obama Announces New Sanctions On Russia

Obama, shown here on July 16, warned Tuesday that costs for Russia will continue to grow as it aids Ukrainian separatists
Jacquelyn Martin AP

Originally published on Tue July 29, 2014 2:19 pm

This post was updated at 4 p.m. ET:

President Obama announced a new round of economic sanctions against Russia's banking, energy and defense sectors on Tuesday.

"Because we're closely coordinating our actions with Europe, the sanctions we're announcing today will have an even bigger bite," Obama said on the South Lawn of the White House.

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All Tech Considered
9:54 am
Tue July 29, 2014

Solving The Scourge That Is Slow Hotel Wi-Fi

SpeedSpot is a free app that lets you test the speed of Wi-Fi networks in hotels and share the test results instantly.
Courtesy of SpeedSpot

Originally published on Tue July 29, 2014 2:06 pm

You know how it feels. You're a moderately frequent business traveler and trying to get some work done from your hotel. But you're slowed — and sometimes stalled — by an intermittent Internet connection. Your hotel Wi-Fi has the download speeds of an early 1990s dial-up connection.

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The Two-Way
6:48 am
Tue July 29, 2014

White House Says Delayed Action On Climate Change Could Cost Billions

Originally published on Tue July 29, 2014 9:04 am

In a report issued Tuesday, the White House warned that the cost of inaction when it comes to climate change outweighs the cost of implementing more-stringent regulations on greenhouse gas emissions.

Here's how Time boils down the White House's argument:

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Technology
5:35 am
Tue July 29, 2014

Sit Down, Plug In And Travel The World Through Sound

Originally published on Wed July 30, 2014 11:28 am

SoundTransit is a collaborative website that features evocative and everyday sounds shared by people around the world.

The audio recordists who contributed sounds to this story are (in order): Tim Hayes, N. Ege Gural, Kamen Nedev, Matthias Kispert, Dmitry Urupin, Keith de Mendonca, Laurie Principaud, Arno Peeters and Seb Bassleer.

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Business
3:45 am
Tue July 29, 2014

Brothers Exploit Loopholes In Airbnb, Kickstarter

Originally published on Tue July 29, 2014 5:35 am

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

Transcript

LINDA WERTHEIMER, HOST:

For a bit more on the sharing economy, today's last word in Business is a cautionary tale.

RENEE MONTAGNE, HOST:

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Business
3:38 am
Tue July 29, 2014

Zillow To Buy Rival Real Estate Site Trulia

Originally published on Tue July 29, 2014 5:35 am

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

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Parallels
2:56 am
Tue July 29, 2014

Uber, Airbnb Under Attack In Spain As Old And New Economies Clash

Taxi drivers protest against Uber, an on-demand car service app, during a 24-hour strike July 1 in Barcelona, Spain. They say it undercuts their business and are calling for the government to ban it.
David Ramos Getty Images

Originally published on Tue July 29, 2014 5:43 am

This summer, more people than ever before are booking rooms on Airbnb and using carpooling websites and smartphone apps to get around on vacation. The new "share economy" can be a money saver in areas hard hit by the economic crisis, like southern Europe.

But in sunny Spain, authorities are cracking down.

In Barcelona — one of the top destinations for European tourists this summer — police are pulling over and ticketing drivers suspected of using the private taxi app Uber.

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Business
5:29 pm
Mon July 28, 2014

IBM And Apple Team Up To Become Tech's New Odd Couple

In a deal that would have been unimaginable 20 years ago, Apple has announced a partnership with IBM. The two companies will work together on a new class of applications for iPads and iPhones, selling Apple devices and IBM software to big businesses.

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

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