Business

The Two-Way
7:58 am
Sun December 21, 2014

Obama Calls North Korean Hack 'Cybervandalism'

Sony Pictures Studios headquarters building is seen in Culver City, Calif., on Friday. President Obama has criticized Sony for cancelling distribution of The Interview following after the studio was hacked by North Korea.
Damian Dovarganes AP

President Obama tells CNN that he doesn't consider North Korea's hack of Sony Pictures an act of war, but instead a case of "cybervandalism." But, he stands by his criticism of the movie studio for pulling the satirical film The Interview because its plot angers Pyongyang.

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Latin America
3:06 pm
Sat December 20, 2014

Renewed U.S.-Cuba Ties Could Mean Big Things For Cigar Market

Originally published on Sat December 20, 2014 4:40 pm

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

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ARUN RATH, HOST:

Think Cuba, think cigars. David Savona is the executive editor of Cigar Aficionado magazine. David, welcome to the program.

DAVID SAVONA: Thanks, glad to be here.

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Asia
3:06 pm
Sat December 20, 2014

While U.S. Focuses On Sony Hack, Some Of The World Is In The Dark

Originally published on Sat December 20, 2014 4:40 pm

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

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The Two-Way
2:21 pm
Sat December 20, 2014

Many States Now Have $2 Gasoline, Analyst Says

On Cue in Oklahoma City, was reportedly the first station to lower regular unleaded below $2 a gallon. Now, 24 states have $1.99 gasoline.
Sue Ogrocki AP

Remember when we told you earlier this month that a gas station in Oklahoma City had lowered its price for regular unleaded to $1.99 a gallon?

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The Two-Way
4:45 pm
Fri December 19, 2014

CEO Says Sony Pictures 'Did Not Capitulate,' Is Exploring Options

Responding to criticism over the handling of The Interview, Sony Pictures CEO Michael Lynton says his studio "very much wanted to keep the picture in release."
DAVID MCNEW Reuters /Landov

Originally published on Fri December 19, 2014 5:33 pm

On a day when President Obama added his voice to criticisms over the decision to pull the satire The Interview, Sony Pictures CEO Michael Lynton says the studio "did not capitulate" to hackers, and that its actions have been misunderstood.

Lynton defended his studio in an interview on All Things Considered, saying that Sony still wants an audience to see The Interview β€” if not in theaters, then by other means.

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Economy
2:43 pm
Fri December 19, 2014

Government Sells Last Major Stake In A Bank Post-Financial Crisis

Originally published on Fri December 19, 2014 4:58 pm

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

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Business
2:43 pm
Fri December 19, 2014

New Cuba Relationship Could Be A Boon For American Farmers

Originally published on Fri December 19, 2014 4:58 pm

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

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The Two-Way
1:23 pm
Fri December 19, 2014

Apple Responds To BBC On Conditions At Asian iPhone Suppliers

People walk near several buildings of a Pegatron factory in Shanghai, China, in July 2013. Pegatron is a supplier for Apple products.
Eugene Hoshiko AP

Jeff Williams, Apple's senior vice president for operations, has responded to a BBC report that workers at Asian suppliers for the iPhone 6 are mistreated and overworked, saying he's "deeply offended" by the accusations.

In an email to some 5,000 Apple staff in the United Kingdom, Williams hit back at the British broadcaster's Panorama program, which sent in undercover reporters to observe conditions at the Pegatron factory, near Shanghai, where iPhones are assembled.

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The Two-Way
12:22 pm
Fri December 19, 2014

Instagram Is Now Valued At $35 Billion By Citigroup Analysts

Originally published on Fri December 19, 2014 1:19 pm

Less than three years after Facebook purchased Instagram for $1 billion, the photo-sharing service is now worth $35 billion, according to analysts at Citigroup.

Instagram's user base has skyrocketed since the acquisition, in part because of its integration with Facebook but also because the purchase roughly coincided with the release of an Instagram app for Android smartphones.

Earlier this month, Instagram announced that it surpassed 300 million users.

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The Two-Way
10:09 am
Fri December 19, 2014

Obama Says Sony Should Not Have Pulled Film Over Threats

Originally published on Fri December 19, 2014 5:04 pm

Updated at 6:00 p.m. ET

President Obama called Sony's decision to pull its film The Interview, following threats to movie theaters, a "mistake."

"We cannot have a society in which some dictator someplace can start imposing censorship here in the United States," the president said in his year-end news conference.

He added that he was "sympathetic" to Sony's concerns, but, "I wish they would have spoken to me first."

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Book News & Features
5:03 am
Fri December 19, 2014

3 Business Best-Sellers Show Inequality Is Now The Hot Topic

Originally published on Fri December 19, 2014 12:30 pm

Best-selling business books typically tell you how to get rich β€” either by becoming a better worker or investor, or perhaps by learning the secrets of successful entrepreneurs.

And in 2014, readers could find plenty of books promoting pluck and hard work, such as MONEY Master the Game and The Innovators.

But three books broke the pattern, generating headlines and big sales by focusing on unfair aspects of wealth creation.

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Business
3:26 am
Fri December 19, 2014

Tourism Industry Gears Up For Lifting Of Cuban Travel Ban

Originally published on Fri December 19, 2014 5:17 pm

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

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DAVID GREENE, HOST:

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Business
3:17 am
Fri December 19, 2014

U.S. Authorities Investigate, Sony Reels From Computer Hack

Originally published on Fri December 19, 2014 6:22 am

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

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RENEE MONTAGNE, HOST:

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Your Money
3:03 am
Fri December 19, 2014

When Nonprofit Hospitals Sue Their Poorest Patients

Keith Herie is swamped in debt from medical issues he and his wife encountered starting about a decade ago. Heartland hospital is seizing 10 percent of his paycheck and 25 percent of his wife's wages, and has placed a lien on their home.
Steve Hebert for ProPublica

Originally published on Fri December 19, 2014 8:32 am

On the eastern edge of St. Joseph, Mo., lies the small city's only hospital, a landmark of modern brick and glass buildings. Everyone in town knows Heartland Regional Medical Center β€” many residents gave birth to their children here. Many rush here when they get hurt or sick.

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Humans
5:17 pm
Thu December 18, 2014

When Working In Mixed Groups, Staying PC Boosts Productivity

In diverse workplaces and classrooms β€” such as this one at Connections Education in Baltimore β€” recent research suggests that adhering to standards of political correctness can actually boost, rather than inhibit, the generation of fresh ideas.
Tom Dubanowich PR Newswire

Originally published on Fri December 19, 2014 9:31 am

Here's some advice for your next office meeting: Hold your tongue. Total freedom of speech, recent research showed, has the potential to squash creativity. As it turns out, if you're in a group of both men and women, adhering to standards of political correctness can help generate far better ideas than simply letting the conversation run wild.

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Economy
4:32 pm
Thu December 18, 2014

Opportunity, Caution Seen For U.S. Banks As Cuba Rules Ease

President Obama announces changes to U.S. policy on Cuba, including relaxing restrictions on U.S. banking in the country, in Washington, D.C. on Wednesday.
Doug Mills / Pool EPA/Landov

Among the changes to U.S. restrictions on Cuba President Obama announced Wednesday was a relaxation of the rules barring U.S. banks from doing business there.

Americans traveling in Cuba will now be able to use their credit cards and ATM cards, but many U.S. banks see the new rules as something of a legal minefield.

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Movies
3:49 pm
Thu December 18, 2014

Risky Comedies Could Be In Jeopardy After 'Interview' Is Pulled

Originally published on Thu December 18, 2014 4:32 pm

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

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AUDIE CORNISH, HOST:

Last month's cyberattack on Sony pictures is now a national security matter. U.S. intelligence officials believe North Korea is behind the incident and today the White House said it's taking hacking attacks seriously.

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Energy
3:43 pm
Thu December 18, 2014

No Fracking In New York? That's OK With Pennsylvania

Leslie Roeder of New York City cheers outside New York Gov. Andrew Cuomo's office on Wednesday after the state announced a ban on hydraulic fracturing.
Andrew Kelly Reuters/Landov

Originally published on Fri December 19, 2014 9:23 am

Pennsylvania's fracking boom has led to record-breaking natural gas production, but its neighbor, New York, announced Wednesday it was banning the practice. Industry and environmental groups say New York's decision could be good for Pennsylvania.

New York's ban comes six years after the state placed a temporary moratorium on fracking to study the gas drilling technique. Now, officials question fracking's economic benefits and cite environmental risks.

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Business
3:43 pm
Thu December 18, 2014

How Much Will The Hack Cost Sony?

Originally published on Fri December 19, 2014 2:22 pm

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

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The Salt
3:08 pm
Thu December 18, 2014

What The Change In U.S.-Cuba Relations Might Mean For Food

Sugar, coffee, fruit juice for babies, oil and salt inside a market subsidized by the government in Havana on July 11, 2013.
Enrique De La Osa Reuters/Landov

Originally published on Fri December 19, 2014 6:14 am

It took a few hours for some Cubans to realize the magnitude of President Obama's announcement on Wednesday about changes in the relationship between the U.S. and Cuba, according to Cuban blogger Yoani SΓ‘nchez.

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Business
2:53 pm
Thu December 18, 2014

New Popularity Of L.L. Bean Boots Sparks Scramble To Fill Orders

A surge in popularity of L.L. Bean boots has the Maine company scrambling to fill orders.
Murray Carpenter NPR

Originally published on Thu December 18, 2014 4:32 pm

L.L. Bean's iconic rubber and leather boots β€” long worn by practical and preppie New Englanders β€” have swung back into fashion with young people and are more popular than ever.

The recent surge in demand has the company scrambling to fill orders, upgrading its manufacturing equipment and adding a third shift at its Maine boot factories.

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Goats and Soda
1:56 pm
Thu December 18, 2014

And The Award For Most Offensive Fundraising Video Goes To ...

The "Rusty Radiator" award for most offensive or stereotypical portrayal of the developing world in a fundraising video went to Feed a Child South Africa.
Feed a Child South Africa

Originally published on Fri December 19, 2014 12:34 pm

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The Two-Way
12:31 pm
Thu December 18, 2014

White House Says Any Response To Sony Attack Needs To Be 'Proportional'

Originally published on Thu December 18, 2014 1:26 pm

The White House says the devastating cyber attack on Sony Pictures was done with "malicious intent" and was initiated by a "sophisticated actor" but it would not say if that actor was North Korea.

Spokesman Josh Earnest says the matter is still under investigation.

"Regardless of who is found to be responsible for this, the president considers it to be a serious national security matter," Earnest says.

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The Two-Way
8:17 am
Thu December 18, 2014

Putin: Sanctions, Falling Oil Prices Causing Ruble's Tumble

Russian President Vladimir Putin at his annual news conference in Moscow on Thursday, where he blamed Western sanctions and falling oil prices for his country's economic troubles.
Pavel Golovkin AP

Originally published on Thu December 18, 2014 6:32 pm

Russian President Vladimir Putin lashed out at the West in a year-end news conference today, blaming international sanctions and a steep plunge in oil prices for the precipitous drop in the value of the ruble.

Putin, speaking during a more than three-hour news conference attended by some 1,200 journalists, "promised never to let the West chain or defang his proud nation," according to The Associated Press.

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Around the Nation
3:16 am
Thu December 18, 2014

TSA Administrator Says Airport Screening Is More Efficient, Risk-Based

Travelers wait in a security line at Chicago's Midway International Airport in November.
Nam Y. Huh AP

Originally published on Thu December 18, 2014 12:22 pm

As the holiday travel season picks up, the head of the government agency that screens airline passengers is winding down his duties. John Pistole is leaving the Transportation Security Administration at the end of December, after 4 1/2 years as administrator.

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NPR Story
3:11 am
Thu December 18, 2014

Rapprochement With Cuba: What It Includes And Excludes

Originally published on Thu December 18, 2014 10:31 am

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

Transcript

DAVID GREENE, HOST:

OK, that report came to us from NPR's Lourdes Garcia-Navarro, and she's on the line with us still this morning. Hi, Lourdes.

LOURDES GARCIA-NAVARRO, BYLINE: Hi.

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National Security
7:07 pm
Wed December 17, 2014

The U.S. Says North Korea Ordered The Sony Hack. How Do We Respond?

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

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Movies
4:18 pm
Wed December 17, 2014

Sony Cancels Theatrical Release Of 'The Interview'

Originally published on Wed December 17, 2014 7:07 pm

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

The Salt
3:19 pm
Wed December 17, 2014

Japan's Butter Shortage Whips Its Cake Makers Into A Frenzy

A customer picks up a block of butter at a food store in Tokyo on Nov. 10. Japanese shoppers are up in arms over a serious butter shortage that has forced Tokyo to resort to emergency imports, as some grocers limit sales to one block per customer.
Yoshikazu Tsuno AFP/Getty Images

Originally published on Thu December 18, 2014 9:21 am

We are well into the Christmas season, and if you live in Japan, that means sponge cake.

The traditional Japanese Christmas dish is served with strawberries and cream, and it is rich, thanks to lots and lots of butter. But the Japanese have been using even more butter for their Christmas cakes this year, exacerbating what was already a national butter shortage.

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Economy
3:19 pm
Wed December 17, 2014

Fed: Interest Rates Could Rise As Early As May 2015

Originally published on Wed December 17, 2014 7:07 pm

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

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