Business

Media
6:41 am
Sat January 24, 2015

From A Frequent Flier To SkyMall, Thanks For The Memory Foams

Originally published on Sat January 24, 2015 10:08 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

The Salt
5:20 pm
Fri January 23, 2015

Will Environmentalists Fall For Faux Fish Made From Plants?

Chef James Corwell's nigiri sushi rolls made with Tomato Sushi, a plant-based tuna alternative, in San Francisco.
Alastair Bland for NPR

Originally published on Fri January 23, 2015 5:39 pm

It's a dead ringer for Ahi tuna sashimi. It cuts into glistening slivers that are firm and juicy. And it's got a savory bite.

But this flesh-like food is not fish. It's made of tomato, and it's what San Francisco chef James Corwell hopes could be one small step toward saving imperiled species of fish, like bluefin tuna.

"What I want is to create a great sushi experience without the tuna," Corwell tells The Salt.

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News
4:01 pm
Fri January 23, 2015

Auto Loan Surge Fuels Fears Of Another Subprime Crisis

Auto dealers are extending loans to a growing number of people with weak credit.
Joe Raedle Getty Images

Originally published on Fri January 23, 2015 4:29 pm

The number of Americans buying autos approached a record high last year. It's one more sign of how much the economy is improving.

But there's a big potential downside that's evoking comparisons to the subprime mortgage boom. Auto dealers are extending loans to a growing number of people with weak credit, and more of them are having trouble making payments.

When Chris Westervelt moved from Texas to Alaska to take a job, he decided to trade in his Mazda for a car that could handle snow and ice.

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The Two-Way
10:08 am
Fri January 23, 2015

Goodbye, Garden Yeti: In-Flight Catalog SkyMall Files For Bankruptcy

A signature SkyMall item: The hot dog bun toaster.
SkyMall

Originally published on Fri January 23, 2015 4:28 pm

SkyMall, the ubiquitous in-flight catalog that always reliably greets you in the seatback pocket, is falling victim to technological innovation.

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Business
3:08 am
Fri January 23, 2015

Flexible Income Opportunity Helps Cities Warm To Uber, Study Says

Originally published on Fri January 23, 2015 6:14 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

The Two-Way
8:47 pm
Thu January 22, 2015

To Keep Planes From Disappearing, NTSB Urges Constant Tracking

One of many relatives who waited in vain for news of loved ones aboard missing Malaysia Airlines Flight 370. The NTSB hopes to get faster answers by requiring better technology, especially on planes that fly over large bodies of water.
Andy Wong AP

Originally published on Thu January 22, 2015 10:48 pm

In a response to recent incidents in which large commercial airliners have vanished into oceans, the National Transportation Safety Board is calling for new regulations requiring all passenger planes that fly over large bodies of water to be equipped with more sophisticated flight tracking technologies.

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The Salt
4:47 pm
Thu January 22, 2015

Investment Fund Pours Cash Into Cleaner, Greener Fish Farming

World Resource Institute

Originally published on Sun January 25, 2015 2:28 pm

Like it or not, our seafood increasingly originates not in the deep ocean but on fish farms hugging the coasts. Aquaculture already supplies about half of the world's seafood, and global production is going to have to more than double by 2050 to meet demand, according to the World Resources Institute.

The business opportunity here is tremendous. Thousands of operations around the world now produce huge numbers of salmon, shrimp, mussels, tilapia and catfish, to name a few fish species that thrive on farms.

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Business
4:28 pm
Thu January 22, 2015

Family Dollar Shareholders Approve Takeover By Dollar Tree

Family Dollar shareholders agreed Thursday to sell the company to rival chain, Dollar Tree for $8.7 billion. Family Dollar turned down a bigger offer from Dollar General due to antitrust concerns.
Joe Raedle Getty Images

Originally published on Thu January 22, 2015 4:49 pm

The Great Recession hobbled the U.S. economy and crushed many businesses, but some companies thrived, including the so-called "dollar" stores.

Shoppers flocked to them because you could buy a lot with not much money. And as the economy rebounds, people are still going to some. But one chain, Family Dollar, hasn't kept pace with its competitors.

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Business
2:24 pm
Thu January 22, 2015

Google Could Provide Relief To Sprint, T-Mobile With Wireless Deal

Originally published on Thu January 22, 2015 4:28 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

AUDIE CORNISH, HOST:

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Intelligence Squared U.S.
2:01 pm
Thu January 22, 2015

Debate: Is Amazon The Reader's Friend?

Franklin Foer recently wrote a cover story for The New Republic titled, "Amazon Must Be Stopped." He argued against Amazon at the latest Intelligence Squared U.S. debate — and won.
Samuel LaHoz Intelligence Squared U.S.

Amazon owns 41 percent of all book sales and 67 percent of all e-book sales mainly because it offers lower prices. But the e-commerce company came under fire in late 2014 when Amazon and the publishing house Hachette faced off over who should set the price for e-books. The debate raises questions about Amazon's growing place in the market, the changing role of publishers and the value of books in our society.

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Planet Money
1:35 pm
Thu January 22, 2015

How Much More (Or Less) Would You Make If We Rolled Back Inequality?

Quoctrung Bui/NPR

Originally published on Thu January 22, 2015 2:28 pm

What would incomes look like for U.S. families today if the income distribution were the same as it was in 1979?

Larry Summers recently made this really intriguing calculation in the FT.

His conclusions:

  • Families in the bottom 80 percent of the income distribution would be making $11,000 more per year, on average, than they're earning today.
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Economy
10:10 am
Thu January 22, 2015

European Central Bank Launches Stimulus Plan

Originally published on Thu January 22, 2015 11:08 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

The Two-Way
8:17 am
Thu January 22, 2015

ECB Unveils Massive Bond-Buying Stimulus Program For Eurozone

European Central Bank President Mario Draghi today unveiled in Frankfurt, Germany, a massive bond-buying stimulus program to kick-start the region's economy.
Michael Probst AP

Originally published on Thu January 22, 2015 8:42 am

The European Central Bank has unveiled a massive bond-buying stimulus program to kick-start the region's economy and battle deflation.

"The combined monthly purchases of private and public sector securities will amount to 60 billion euros," ECB President Mario Draghi said today at a news conference in Frankfurt, Germany.

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Politics
3:02 am
Thu January 22, 2015

Conservatives Disagree With Obama's Social Spending Proposals

Originally published on Thu January 22, 2015 10:06 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

RENEE MONTAGNE, HOST:

And here's one short analysis of Obama's State of the Union speech; he gave Congress a list of ideas that will never pass. The president spoke up for his priorities. Republicans in Congress have theirs. He spoke of middle-class economics.

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Politics
3:00 am
Thu January 22, 2015

Obama Defends His Aggressive Agenda In Boise, Idaho

Originally published on Thu January 22, 2015 2:00 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

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Back At Base
2:59 am
Thu January 22, 2015

At The Monterey Presidio, City And Army Partner To Reduce Costs

An aerial view from March, 2014, shows the Presidio of Monterey located in Monterey, Calif. The Army base, which is home to the Defense Language Institute, has partnered with the city in an effort to curb costs.
Natela A. Cutter U.S. Army via Flickr

Originally published on Thu January 22, 2015 10:06 am

NPR — along with seven public radio stations around the country — is chronicling the lives of America's troops where they live. We're calling the project "Back at Base."

At a time when the Department of Defense budget is under pressure, some military bases are re-examining how they operate to find ways to save.

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NPR Story
2:59 am
Thu January 22, 2015

Communities Around Fort Campbell Brace For Word On Budget Cuts

Originally published on Thu January 22, 2015 10:06 am

Copyright 2015 Nashville Public Radio. To see more, visit http://www.wpln.org/.

Business
1:34 am
Thu January 22, 2015

Senator 'Astounded' That Nonprofit Hospitals Sue Poorest Patients

Heartland Regional Medical Center in St. Joseph, Mo., is changing its name to Mosaic Life Care. It was the focus of an NPR and ProPublica investigation into its billing practices.
Steve Hebert for ProPublica

Originally published on Thu January 22, 2015 12:11 pm

NPR and ProPublica have been reporting about nonprofit hospitals that seize the wages of lower-income and working-class patients. Now, Sen. Chuck Grassley, the chairman of the Senate Judiciary Committee, says hospitals could be breaking the law by suing these patients and docking their pay. And he wants some answers.

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The Two-Way
7:22 pm
Wed January 21, 2015

Google Is Said To Be Preparing Its Own Mobile Wireless Service

Google plans to launch a new mobile phone service that it will sell directly to U.S. consumers, according to technology site The Information and other news outlets. Instead of building its own network, Google will reportedly use bandwidth purchased from cellphone carriers Sprint and T-Mobile.

The wireless service could be rolled out as early as this year, adding what could be a disruptive new force to the U.S. mobile market. It would also give Google another way to leverage its Android mobile platform — and to control how those devices operate.

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All Tech Considered
4:20 pm
Wed January 21, 2015

The Battle Over Open-Internet Rules Shifts To Congress

President Obama called on the Federal Communications Commission to implement a strict policy of net neutrality and to oppose content providers in restricting bandwidth to customers.
Michael Bocchieri Getty Images

Originally published on Wed January 21, 2015 6:01 pm

In Tuesday night's State of the Union address, President Obama offered a number of ideas for improving the economy. Among them was a nod to the role the Internet plays in economic development.

"I intend to protect a free and open Internet, extend its reach to every classroom, and every community, and help folks build the fastest networks," Obama said.

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Economy
2:40 pm
Wed January 21, 2015

At Davos, U.S. Economic Recovery Widely Lauded

Originally published on Wed January 21, 2015 5:00 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Economy
2:26 pm
Wed January 21, 2015

Middle Class Economics Dominate Obama's State Of The Union

Originally published on Wed January 21, 2015 6:00 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Planet Money
2:26 pm
Wed January 21, 2015

Tired Of Paying For Checked Baggage? You're Actually Getting A Good Deal

Originally published on Wed January 21, 2015 5:00 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

AUDIE CORNISH, HOST:

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Law
2:26 pm
Wed January 21, 2015

Standard & Poor's Settles In SEC Ratings Fraud Case

Originally published on Wed January 21, 2015 5:00 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

The Two-Way
7:17 am
Wed January 21, 2015

Google's Stake In SpaceX Puts It Closer To Goal Of Internet Access For All

SpaceX CEO Elon Musk.
Jae C. Hong AP

Originally published on Wed January 21, 2015 10:30 am

Google's massive investment in SpaceX gives the tech giant another avenue for its goal of providing Internet access to remote parts of the Earth, and it gives Elon Musk's company money to continue its research on space transport, re-usability and satellite manufacturing.

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Business
3:03 am
Wed January 21, 2015

To Drive Economy Toward Equality, Obama Requests More Spending

President Obama delivers his State of the Union address to a joint session of Congress on Tuesday night.
Mandel Ngan AP

Originally published on Wed January 21, 2015 10:05 am

President Obama revved up quickly for his economic victory lap.

"After a breakthrough year for America, our economy is growing and creating jobs at the fastest pace since 1999," President Obama said less than a minute into his State of the Union address Tuesday night.

The lap was fueled by cheap gas: "We are as free from the grip of foreign oil as we've been in almost 30 years," he said.

Democrats roared.

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NPR Story
3:02 am
Wed January 21, 2015

Scandium Middleman Is A Rare Guy Selling A Rare Element

Originally published on Wed January 21, 2015 11:35 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Economy
3:02 am
Wed January 21, 2015

Illinois' Financial Condition Is Dire, Gov. Rauner Warns

Originally published on Wed January 21, 2015 6:40 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

RENEE MONTAGNE, HOST:

And it's budget time in many states. Most are now projecting strong growth, even surpluses - not, however, the state of Illinois. There, a gaping budget hole appears to be even bigger than previously thought, as NPR's David Schaper reports.

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Shots - Health News
12:59 am
Wed January 21, 2015

Tax Preparers Get Ready To Be Bearers Of Bad News About Health Law

Lou Graham prepares taxes in Connecticut and is ready to answer client questions about the Affordable Care Act.
Jeff Cohen WNPR

Originally published on Sat January 24, 2015 2:17 pm

Are you thinking about tax day yet? Your friendly neighborhood tax preparer is. IRS Commissioner John Koskinen declared this tax season one of the most complicated ever, partly because this is the first year that the Affordable Care Act will show up on your tax form.

Tax preparers from coast to coast are trying to get ready. Sue Ellen Smith manages an H&R Block office in San Francisco, and she is expecting things to get busy soon.

"This year taxes and health care intersect in a brand-new way," Smith says.

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The Two-Way
5:23 pm
Tue January 20, 2015

J.C. Penney Brings Back Its Print Catalog, After A 5-Year Hiatus

A J.C. Penney store in a Pembroke Pines, Fla., shopping center. The company's resurrected print catalog will be much thinner than its previous "Big Book," which was sometimes 1,000 pages.
J Pat Carter AP

Originally published on Wed January 21, 2015 6:05 am

After more than five years away, and at a significantly smaller weight, J.C. Penney Co.'s print catalog is back. The company discontinued its often 1,000-page "Big Book" in 2009 and phased out several smaller, specialty catalogs over the past few years as well. But the company announced this week that it's re-entering the print catalog game.

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