Business

Around the Nation
4:06 pm
Mon July 27, 2015

Boy Scouts To Announce End Of Ban On Gay Leaders

Originally published on Mon July 27, 2015 5:24 pm

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

Health
4:06 pm
Mon July 27, 2015

Donors Sue Fertility Industry For Caps On Egg Prices

Originally published on Mon July 27, 2015 5:24 pm

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

Parallels
3:09 pm
Mon July 27, 2015

For Greece's Farmers, Growing Pressure To Be More Competitive

A worker picks clingstone peaches in Greece. Most of the country's farms are small and family owned. Production costs can be high, and Greek farmers have had trouble competing internationally.
Konstantinos Tsakalidis Bloomberg via Getty Images

Nick Lapatas spent 18 years living in Chicago. Then he returned home to Greece and bought a small farm. Today he and his son sell tomatoes in an open-air market in Athens. Despite the depressed economy and cheaper imports from Bulgaria and Albania, he's doing OK.

"I don't know how, but we are making some money," he says. "Now, what is going to happen a month from now, I don't know."

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The Salt
2:23 pm
Mon July 27, 2015

Cheap Eats: A Cookbook For Eating Well On A Food Stamp Budget

The Savory Summer Cobbler from the Cheap and Good cookbook features seasonal vegetables under a peppery biscuit crust.
Leanne Brown

Editor's note: A version of this story was first published Aug. 1, 2014.

When Leanne Brown moved to New York from Canada to earn a master's in food studies at New York University, she couldn't help noticing that Americans on a tight budget were eating a lot of processed foods heavy in carbs.

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Business
2:21 pm
Mon July 27, 2015

Fiat Chrysler Fined $105 Million For Failing To Complete Recalls

Originally published on Mon July 27, 2015 5:24 pm

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

Economy
2:21 pm
Mon July 27, 2015

As Brazil's Economy Goes In Reverse, Illusion Of Prosperity Fades With It

Originally published on Mon July 27, 2015 5:24 pm

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

Business
2:21 pm
Mon July 27, 2015

China's Stock Market Suffers Largest Drop In 8 Years

Originally published on Mon July 27, 2015 5:24 pm

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

Business
4:26 am
Mon July 27, 2015

Feds Levy Record $105 Million Fine Against Fiat Chrysler For Safety Issues

Originally published on Mon July 27, 2015 3:07 pm

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

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STEVE INSKEEP, HOST:

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The Two-Way
5:51 pm
Sun July 26, 2015

Fiat Chrysler Hit With Record $105 Million Fine Over Safety Recalls

About 1.4 million Fiat Chrysler vehicles, including Dodges, Jeeps, Rams and Chryslers, were recalled on Friday over concerns that they could be remotely hacked. On Sunday, federal regulators announced previous Fiat Chrysler safety recalls had been mishandled and hit the company with a record $105 million fine.
Joe Raedle Getty Images

Originally published on Mon July 27, 2015 7:36 am

Federal regulators are fining Fiat Chrysler $105 million for failing to acknowledge and address safety defects in a timely fashion.

The civil penalty — the largest ever imposed by the National Highway Traffic Safety Administration — will be accompanied by three years of "unprecedented" federal oversight, the agency says. Fiat Chrysler has also agreed to buy back some vehicles from their owners.

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The Two-Way
10:42 am
Sat July 25, 2015

Britain's Pearson In Talks To Sell Stake In The Economist Group

Georg Kapsch, President of the Federation of Austrian Industry, holds an issue of The Economist during a news conference in Vienna last year. Britain's Pearson PLC says it's in talks to sell its 50 percent share in The Economist Group.
Heinz-Peter Bader Reuters/Landov

Originally published on Sat July 25, 2015 1:45 pm

Updated at 1:15 p.m. ET

Britain's Pearson PLC — just days after announcing it would sell The Financial Times — has made public that it is engaged in talks to dump its 50 percent stake in The Economist Group.

"Pearson confirms it is in discussions with The Economist Group Board and trustees regarding the potential sale of our 50 percent share in the group," the company said in a statement on Saturday. "There is no certainty that this process will lead to a transaction."

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Business
5:48 am
Sat July 25, 2015

5 Airlines Investigated For Post-Derailment Price-Gouging

Originally published on Sun July 26, 2015 9:12 pm

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

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Parallels
3:09 pm
Fri July 24, 2015

Struggling Greek Businesses Choked By Money Controls

A shop owner arranges his goods in central Athens on Monday. Greek banks have reopened, but capital controls remain in place.
Angelos Tzortzinis AFP/Getty Images

Originally published on Fri July 24, 2015 7:09 pm

This week the Greek Parliament approved a set of reforms it hopes will lead a new bailout. The country remains under strict capital controls that bar people from sending money abroad. In a country that imports much of what it uses and eats, that's having a debilitating effect on the economy.

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The Salt
2:34 pm
Fri July 24, 2015

Salt Is Slowly Crippling California's Almond Industry

Almond orchards across California are dealing with trees showing signs of stress from the drought, such as smaller nuts and salt-burned leaves.
Ezra Romero for NPR

Originally published on Mon July 27, 2015 2:48 pm

As California's drought drags on, its almond industry has come under scrutiny. As you've probably heard by now, almonds use a lot of water — about one gallon per nut. Most growers are relying on groundwater even more this year, because their surface water has been cut off. But that brings a different problem all together: too much salt.

Not the salt added to make roasted almonds savory, but salt in groundwater – which is killing trees.

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Health
2:28 pm
Fri July 24, 2015

Health Insurer Anthem To Buy Rival Cigna For Nearly $50 Billion

Originally published on Fri July 24, 2015 6:22 pm

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

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MELISSA BLOCK, HOST:

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Shots - Health News
1:14 pm
Fri July 24, 2015

Anthem Deal For Cigna Would Hasten Health Insurance Consolidation

Anthem, headquartered in Indianapolis, would become an even bigger provider of health insurance if its deal for Cigna goes through.
Aaron P. Bernstein Getty Images

Anthem finally bagged its prey.

The Indianapolis-based health insurer Anthem reached an agreement Thursday to pay $54 billion for rival Cigna, based in Bloomfield, Conn. Cigna rejected a lower Anthem bid in June, calling it inadequate.

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Business
8:10 am
Fri July 24, 2015

Anthem To Buy Health Insurance Rival Cigna

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

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The Two-Way
6:24 am
Fri July 24, 2015

Anthem To Buy Cigna, Creating Largest Health Insurer By Enrollment

Anthem, headquartered in Indianapolis, is buying rival Cigna in a deal valued at $48 billion announced Friday.
Michael Conroy AP

Originally published on Fri July 24, 2015 6:25 am

Health insurer Anthem has struck a deal to acquire rival Cigna for $48 billion — a buyout that would create the country's largest health insurer by enrollment.

The combined entity would have an estimated revenue of $115 billion and cover 53 million people in the U.S.

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Business
3:40 am
Fri July 24, 2015

The Financial Times, A Newspaper Success Story, Is Sold For $1.3 Billion

Originally published on Fri July 24, 2015 5:58 am

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

The Salt
4:26 pm
Thu July 23, 2015

House To States: Don't You Dare Demand GMO Labels

A label on a bag of popcorn indicates it is a non-GMO food. House Republicans on Thursday voted in favor of a law that would block states from mandating GMO labels.
Robyn Beck AFP/Getty Images

Originally published on Fri July 24, 2015 6:35 am

The argument over genetically modified food has been dominated, in recent years, by a debate over food labels — specifically, whether those labels should reveal the presence of GMOs.

The battle, until now, has gone state by state. California refused to pass a labeling initiative, but Maine, Connecticut and Vermont have now passed laws in favor of GMO labeling.

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Shots - Health News
12:56 pm
Thu July 23, 2015

Administration Prods States To Scrutinize Insurers' Rate Hikes

akindo iStockphoto

Originally published on Fri July 24, 2015 6:29 am

There's a battle brewing behind the scenes to keep health plans affordable for consumers. The Obama administration weighed in this week, sending letters to insurance regulators in every state and Washington, D.C., that ask them to take a closer look at rate requests before granting them.

Under the Affordable Care Act, state agencies largely retain the right to regulate premiums. So far only a handful have finalized premiums for the coming year, for which enrollment begins in November.

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Shots - Health News
10:19 am
Thu July 23, 2015

Doctors Press For Action To Lower 'Unsustainable' Prices For Cancer Drugs

Skyrocketing costs for cancer drugs have triggered a backlash.
iStockphoto

Anyone who's fought cancer knows that it's not just scary, but pricey, too.

"A lot of my patients cry — they're frustrated," says Dr. Ayalew Tefferi, a hematologist at the Mayo Clinic. "Many of them spend their life savings on cancer drugs and end up being bankrupt."

The average U.S. family makes $52,000 annually. Cancer drugs can easily cost a $120,000 a year. Out-of-pocket expenses for the insured can run $25,000 to $30,000 — more than half of a typical family's income.

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The Two-Way
9:07 am
Thu July 23, 2015

Japan's Nikkei Will Purchase Financial Times Group For $1.3 Billion

Copies of the Financial Times newspaper are displayed for a photograph in London. British publisher Pearson is selling the paper to Japanese media company Nikkei.
Niklas Halle'n AFP/Getty Images

Originally published on Thu July 23, 2015 12:07 pm

In a development that comes after a German firm was reportedly close to reaching a deal to buy the Financial Times Group from the Pearson publishing company, the Financial Times will instead be bought by Japanese media company Nikkei, for 844 million pounds ($1.3 billion) in cash.

Earlier Thursday, the Financial Times itself had reported that the newspaper's publisher was on the verge of being sold to German media group Alex Springer. Other reports had suggested that Bloomberg or Thomson Reuters were potential buyers.

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The Two-Way
7:12 am
Thu July 23, 2015

Greece Approves Reforms, Clearing Hurdle For Bailout Deal

Greek Prime Minister Alexis Tsipras listens to Finance Minister Euclid Tsakalotos as Justice Minister Nikos Paraskevopoulos looks on during a parliamentary session in Athens on Thursday.
Yiannakis Kourtoglou Reuters/Landov

Originally published on Thu July 23, 2015 12:50 pm

Greek lawmakers have approved a set of overhauls that were the last obstacles standing between Athens and a desperately needed 86 billion euro line of credit, which is being fronted by creditors along with a demand for domestic reforms.

The latest measures include a restructuring of the banking and judicial systems, passed easily (230-63 with five abstentions) despite thousands of anti-austerity protesters demonstrating loudly outside the Parliament building.

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The Salt
2:30 am
Thu July 23, 2015

Fast-Food Workers Cheer As $15 Minimum Wage Advances In New York State

Labor leaders, workers and activists attend a rally for a $15 minimum hourly wage Wednesday in New York City. A panel appointed by Gov. Andrew Cuomo recommended the increase.
Spencer Platt Getty Images

Originally published on Thu July 23, 2015 12:40 pm

There aren't a lot of obscure government board meetings that warrant a watch party, let alone one with a marching band.

But that's how fast-food restaurant workers and their supporters celebrated Wednesday on a blocked-off street in Manhattan, as they watched a state panel recommend a $6.25 increase in their hourly wage, to $15.

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Parallels
1:35 am
Thu July 23, 2015

When Sanctions Lift, How Will Iran Spend Its Billions?

The state-run Iran-Khodro plant manufactures vehicles including the Peugeot 206 car, shown on a production line in 2014 near Tehran. Iran's robust auto industry was built in response to sanctions.
Ebrahim Noroozi AP

Originally published on Thu July 23, 2015 2:57 pm

If the nuclear deal with Iran is implemented, Tehran stands to gain a lot of money. There are differing estimates of exactly how much: The U.S. Treasury Department has said something on the order of $100 billion is in blocked overseas Iranian accounts, while Iran's Central Bank governor puts the figure closer to $29 billion.

Whatever the exact amount, critics like Republican presidential candidate Lindsey Graham say that kind of cash will allow Tehran to make bad situations in the Middle East even worse.

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The Two-Way
5:26 pm
Wed July 22, 2015

California, New York And Washington, D.C., Make Moves On Minimum Wage

Demonstrators rally before a meeting of a state wage board in New York. On Wednesday, a state panel recommended the minimum wage for fast-food employees be raised to $15 an hour, bypassing the state Legislature.
Seth Wenig AP

Originally published on Wed July 22, 2015 6:27 pm

A wave of wage increases in cities across the country, as well as at several major businesses, continued on Wednesday.

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The Two-Way
3:57 pm
Wed July 22, 2015

New York City, Uber Strike 4-Month Deal On Vehicle Cap

Originally published on Wed July 22, 2015 4:48 pm

Ride-hailing service Uber has struck a deal with New York City just a day before the City Council was due to vote on a measure that would cap the number of the service's cars in the city.

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The Salt
2:57 pm
Wed July 22, 2015

Eggs Go AWOL, And Bakers Scramble For High-Tech Substitutes

The hard part of making an egg replacement product is coming up with a substitute for the protein in egg whites.
Wilson Hui Flickr

Originally published on Thu July 23, 2015 7:11 am

Strolling through the annual meeting of the Institute of Food Technologists the other day, I saw several signs offering to solve an urgent problem American bakers face. The signs advertised "egg replacement."

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Business
2:57 pm
Wed July 22, 2015

New York, University Of California Announce $15 Minimum Wage

Originally published on Thu July 23, 2015 4:08 am

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

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ROBERT SIEGEL, HOST:

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Business
2:57 pm
Wed July 22, 2015

With U.S.-Cuba Ties Restored, Embargo Leaves Trade Restrictions In Place

Originally published on Wed July 22, 2015 5:24 pm

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

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