Business

The Two-Way
6:19 am
Thu July 24, 2014

Book News: Amazon Exec Says Hachette Is Using Authors 'As Human Shields'

Originally published on Thu July 24, 2014 6:44 am

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

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Business
5:39 am
Thu July 24, 2014

Rural Startups, Often Overlooked, Are The Focus Of New Investment Programs

Copyright 2014 North Country Public Radio. To see more, visit http://www.northcountrypublicradio.org/.

Business
5:39 am
Thu July 24, 2014

New Rules Proposed For Oil-Carrying Trains In Wake Of Fiery Crashes

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

Economy
4:13 am
Thu July 24, 2014

How High Debt From The Housing Collapse Still Stifles Our Economy

An artist's installation shows pre-foreclosed homes in Newark, N.J., in July 2009 at the Queens Museum of Art in New York City.
Mario Tama Getty Images

Originally published on Thu July 24, 2014 5:39 am

"Foreclosure, foreclosure, foreclosure."

Real estate broker John Susani drives down a Paterson, N.J., street where every third house seems to be abandoned or boarded up. During the boom years money flooded into Paterson.

"The banking industry allowed everyone to be a homeowner; they gave mortgages to people [just because they were] breathing," Susani says.

In some cases, he says, home prices jumped as much as 50 percent. The homes on these streets aren't worth nearly that much anymore.

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The Two-Way
1:13 pm
Wed July 23, 2014

GM Recalls Nearly 718,000 Vehicles For 'Varying Safety Issues'

Originally published on Wed July 23, 2014 2:01 pm

Announcing six different safety recalls Wednesday, GM said it needs to fix problems that range from a turn-signal bug to an unpredictable loss of power steering. The flaws were found in vehicles from model years 2011 to 2015.

GM says no deaths and only two crashes have been linked to the recalls, which come in a year that has already seen the Detroit carmaker recall nearly 30 million vehicles worldwide. The company has "passed the 22 million vehicles recalled by all automakers last year," the AP says.

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Parallels
11:12 am
Wed July 23, 2014

After Two Disasters, Can Malaysia Airlines Still Attract Passengers?

Malaysia Airlines had been struggling even before two of its flights were lost this year. Analysts say the national carrier faces either bankruptcy or privatization.
Mohd Rasfan AFP/Getty Images

Originally published on Wed July 23, 2014 8:36 pm

The year 2014 is well on its way to being Malaysia Airlines' annus horribilis. Flight 17, shot down last week over eastern Ukraine, is the second Boeing 777 the airline has lost in the past five months, after MH370 disappeared, it's believed, somewhere over the Indian Ocean.

But even before the double calamity, Malaysia's national carrier was struggling to adapt to momentous shifts in Asia's aviation industry.

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The Two-Way
10:43 am
Wed July 23, 2014

FAA Extends Ban On Flights To Tel Aviv For Another 24 Hours

Originally published on Wed July 23, 2014 11:42 am

The Federal Aviation Administration has extended its ban on U.S. flights to and from Ben Gurion International Airport in Tel Aviv, Israel.

As we reported, the agency first issued a ban Tuesday after a rocket landed about a mile from the airport. In a statement today, the FAA said:

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Economy
10:24 am
Wed July 23, 2014

Part-Time Work, Unpredictable Schedules: What's The Fix?

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

All Tech Considered
7:34 am
Wed July 23, 2014

A Plan To Untangle Our Digital Lives After We're Gone

A proposed law might determine what happens to our online accounts when we die. But the tech industry warns the measure could threaten the privacy of the deceased.
iStockphoto

Originally published on Wed July 23, 2014 8:42 am

Ancient peoples sent their dead to the grave with their prized possessions — precious stones, gilded weapons and terracotta armies. But unlike these treasures, our digital property won't get buried with us. Our archived Facebook messages, old email chains and even Tinder exchanges will hover untouched in the online cloud when we die.

Or maybe not.

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Business
3:59 am
Wed July 23, 2014

Happy 30th Birthday, PG-13!

Ruth Black iStockphoto

Originally published on Wed July 23, 2014 10:21 am

The PG-13 movie rating celebrates its 30th birthday this month. Until 1984, the Motion Picture Association of America rated films as G, PG, R or X. But that year a couple of gory scenes in PG-rated movies raised concerns.

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Business
3:56 am
Wed July 23, 2014

5 Managers Detained In Shanghai Expired-Meat Scandal

Originally published on Wed July 23, 2014 5:51 am

Chinese regulators suspended operations at Shanghai Husi Food, owned by Illinois-based OSI group. State media reported that stale meat was packaged for sale under "tacit approval" of senior managers.

Business
3:24 am
Wed July 23, 2014

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

Originally published on Wed July 23, 2014 5:51 am

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

Business
3:23 am
Wed July 23, 2014

Atlantic City's Casino Crisis: A Cautionary Tale

Originally published on Wed July 23, 2014 5:51 am

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

Politics
2:45 am
Wed July 23, 2014

Congress And Biden Aim For Job Training That Actually Leads To Jobs

Vice President Joe Biden, accompanied by New Hampshire Gov. Maggie Hassan, greets Enis Sullivan, 101, during a visit to XMA Corp. in Manchester, N.H., on March 25.
Jim Cole AP

Originally published on Wed July 23, 2014 10:05 am

Something pretty remarkable happened Tuesday afternoon in a small windowless auditorium next door to the White House. President Obama signed a new law: the Workforce Innovation and Opportunity Act.

It streamlines and updates the nation's job training programs and was 11 years overdue. The bill got overwhelming bipartisan support in both the House and Senate.

"Folks in Congress got past their differences; they got a bill to my desk," Obama said at the signing ceremony. "So this is not a win for Democrats or Republicans; it is a win for American workers."

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Middle East
2:45 am
Wed July 23, 2014

Airlines Cancel Service To Israel Amid Heightened Aviation Safety Concerns

Originally published on Wed July 23, 2014 5:51 am

A number of major airlines have suspended service to and from Tel Aviv as the fighting between Israel and Hamas in Gaza intensifies. That's leaving passengers to find other arrangements.

Business
2:45 am
Wed July 23, 2014

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

Originally published on Wed July 23, 2014 5:51 am

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 – 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 — 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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