Business

Business
6:00 am
Mon April 14, 2014

Monday BusinessWatch

  Every Monday at 7:51am on Morning Edition, Fred Martino covers the week's top local business stories with Las Cruces Sun News Business Editor Brook Stockberger.  Subscribe to our podcast on the right side of this page so you never miss a segment.

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All Tech Considered
3:37 pm
Wed April 9, 2014

What To Do Now That The Heartbleed Bug Exposed The Internet

The Heartbleed bug has exposed up to two-thirds of the Internet to a security vulnerability.
iStockphoto

Originally published on Thu April 10, 2014 9:27 am

With a name like Heartbleed, it's no surprise it's bad. A vulnerability in OpenSSL — the Internet's most commonly used cryptographic library — has been bleeding out information, 64 kilobytes at a time, since March 2012.

"I would classify it as possibly the top bug that has hit the Internet that I've encountered, because of it being so widespread, because it's so hard to detect," says Andy Grant, a security analyst at iSEC Partners.

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News
2:45 pm
Wed April 9, 2014

With Proposed Mega-Merger On The Hill, Spotlight's On Consumers

Originally published on Wed April 9, 2014 4:48 pm

Comcast and Time Warner executives ran into stiff opposition as they pitched their proposed merger to the Senate Judiciary Committee. The deal would give the combined company a large share of both pay TV and broadband internet service markets. In both cases, lawmakers wanted to know how consumers would be affected.

News
2:45 pm
Wed April 9, 2014

Toyota Pulls Over 6 Million Vehicles Worldwide

Originally published on Wed April 9, 2014 4:48 pm

Transcript

AUDIE CORNISH, HOST:

Another major auto recall today, this time it's Toyota. The Japanese auto giant is recalling 6.4 million vehicles worldwide for a variety of defects, including problems with seat rails and airbags. No injuries have been reported. NPR's Sonari Glinton reports this particular recall is not happening in a vacuum.

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Shots - Health News
1:57 pm
Wed April 9, 2014

Pop Stars Are Sippin' On Patron, And Teens Are Bingeing

Singer Ke$ha performs during the iHeartRadio Music Festival at the MGM Grand Garden Arena in Las Vegas in September.
Ethan Miller Getty Images

Originally published on Fri April 11, 2014 11:57 am

Ke$ha says that to start the day she'll brush her teeth with a bottle of Jack Daniel's whiskey. Nicki Minaj likes to "have a drink, have a clink" of Bud Light. And the party-rockin' hip-hop duo LMFAO like Ciroc, and they love Patron. "Shots, shots, shots, shots everybody!"

All that name-checking of alcohol brands encourages teens to drink, researchers say. Adolescents who liked songs like these were three times as likely to drink, and were twice as likely to binge than their peers who didn't like those songs.

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The Two-Way
12:24 pm
Wed April 9, 2014

In Turnaround, More Moms Are Staying Home, Study Says

Originally published on Wed April 9, 2014 1:10 pm

After decades on the decline, the number of "stay at home" moms in the U.S. has risen, with 29 percent of women with children under 18 saying they don't work outside the home, according to a new report by the Pew Research Center.

The figure from 2012 is up from 23 percent in 1999.

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Economy
10:54 am
Wed April 9, 2014

Will Disclosing Employee Information Make Wages More Equal?

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. We'd like to start the program today by talking about an issue that's been a hot topic on Capitol Hill lately. That issue is pay equity. The Democrats have been trying to push legislation through Congress to address what they say is a gender wage gap where women earn less than men for the same work. Yesterday, President Obama signed two orders aimed at closing that gap.

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The Two-Way
9:01 am
Wed April 9, 2014

On Heels Of GM, Toyota Recalls More Than 6 Million Vehicles

Unsold 2007 RAV4 sport utility vehicles are shown on the lot of a Toyota agency in the east Denver suburb of Aurora, Colo., in 2006. The popular SUV was one of several subject to recall.
David Zalubowski AP

Originally published on Wed April 9, 2014 1:57 pm

Toyota Motor Corp. is recalling more than 6 million vehicles spanning nearly 30 models in the U.S., Japan and Europe for a variety of problems, ranging from air bags not deploying to driver's seats not locking properly.

The top-selling RAV4 SUV, Corolla, Yaris and Matrix are among the vehicles being recalled, according to a company statement.

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NPR Story
4:40 am
Wed April 9, 2014

Tax Preparers Often Get Returns Wrong

Originally published on Wed April 9, 2014 6:02 am

Transcript

DAVID GREENE, HOST:

We'll begin NPR's business news with a tax audit.

(SOUNDBITE OF MUSIC)

GREENE: Tax Day is less than a week away, everyone. And the Government Accountability Office just examined the work of 19 paid tax preparers - 17 got things wrong. Things like, failing to report tips as income or mistakenly applying certain tax credits.

Business
4:40 am
Wed April 9, 2014

Kosher Food Producer Manischewitz Sold To Bain Capital

Originally published on Wed April 9, 2014 6:02 am

Manischewitz has been bought by a unit of the private equity firm Bain Capital for an undisclosed amount. The new owner wants the 126-year-old brand move beyond its niche on the kosher shelves.

Technology
4:40 am
Wed April 9, 2014

Encryption Flaw Puts Internet Security At Risk

Originally published on Wed April 9, 2014 7:52 am

If you bank online or sign into work remotely using a virtual private network, your data may not be safe. A flaw in the encryption program OpenSSL could expose much of the encrypted traffic.

NPR Story
4:40 am
Wed April 9, 2014

Sixth Grade Investors Outdo College Investment Clubs

Originally published on Wed April 9, 2014 6:02 am

Math classes at Oak Grove Lutheran School in Fargo, N.D., made a number of investments. One of the classes beat out investment clubs at universities including Cornell, Columbia and NYU.

NPR Story
2:55 am
Wed April 9, 2014

Why Men Outnumber Women Attending Business Schools

Originally published on Wed April 9, 2014 6:02 am

Transcript

DAVID GREENE, HOST:

All this week we have been focusing on women and wealth. Look across the business world in fields with the biggest paychecks and you find executive ranks and company boards dominated by men. These disparities often begin back in business school where men outnumber women significantly. NPR social science correspondent Shankar Vedantam came in to talk about research that might help explain this. It looked specifically at why some women opt out of a lucrative career path. Hey, Shankar.

SHANKAR VEDANTAM, BYLINE: Good morning, David.

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The Two-Way
4:51 pm
Tue April 8, 2014

GM At Odds With Feds Over Recall-Related Documents

A Chevrolet logo on the grill of a 2013 Traverse at the 2013 Pittsburgh Auto Show. General Motors is recalling more than 1.5 million vehicles, including SUVs, vans and Cadillacs, for defective ignition switches and other problems.
Gene J. Puskar AP

Originally published on Wed April 9, 2014 4:07 am

General Motors says it has "fully cooperated" with federal authorities in connection with the recall of 2.6 million cars for defective ignition switches and other problems.

But the National Highway Traffic Safety Administration disagrees and says it will fine the automaker $7,000 for each day it misses a deadline to answer 107 questions that passed on April 4.

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All Tech Considered
2:19 pm
Tue April 8, 2014

The Security Bug That Affects Most Of The Internet, Explained

A screen grab from a Heartbleed test Tuesday morning showed Yahoo was vulnerable. The company has since fixed the vulnerability.
filippo.io/Heartbleed screengrab

Originally published on Wed April 9, 2014 3:45 pm

Editor's Note: A very serious bug with a scary name, Heartbleed, was discovered and disclosed this week. The bug affects OpenSSL, a popular cryptographic library that is used to secure a huge chunk of the Internet's traffic. Even if you have never heard of OpenSSL, chances are, it's helped secure your data in some way.

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Law
2:14 pm
Tue April 8, 2014

New Rules Force Big Banks To Keep A Bigger Cushion

Originally published on Wed April 9, 2014 3:24 am

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

Five and a half years after the financial crisis that devastated the global economy, U.S. officials are taking steps to strengthen the nation's banking system. Today, the Federal Reserve and the Federal Deposit Insurance Corporation approved tough new rules that require banks to hold a lot more capital on their books. Regulators say the requirements will reduce the risk of bank failures during bad economic times.

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Around the Nation
2:14 pm
Tue April 8, 2014

Natural Disasters Are Rare, But So Is Mudslide Insurance

Searchers walk near a demolished house in Oso, Wash., in March. Few homeowners in Washington and neighboring Oregon have mudslide insurance.
Elaine Thompson AP

Originally published on Wed April 9, 2014 3:24 am

Depending on whom you talk to, either no one could have predicted the massive mudslide in Oso, Wash., last month — or it was a disaster just waiting to happen. But if homeowners in the slide's path are typical of most people in this part of the country, they were not insured against this kind of event — and are unlikely to see an insurance payout.

That's because standard homeowner's insurance doesn't cover mudslides. And the insurance is not only expensive, it's also difficult to purchase.

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It's All Politics
1:26 pm
Tue April 8, 2014

The Politics Of Equal Pay: It's More Than A Women's Issue

A crowd lines up in Atlanta for a recent women's forum on pay equity and other issues featuring Rep. John Lewis, D-Ga., and House Democratic Leader Nancy Pelosi of California.
David Tulis AP

Originally published on Tue April 8, 2014 2:18 pm

The pay equity issue, which President Obama and Democrats are making a central theme of the 2014 midterm election campaign, is often framed as a women's issue. But Democrats are expecting it will also have crossover appeal to men.

For many men, it's a matter of self-interest: Two-income families are part of a long-term trend, as many families find two paychecks essential to cover the bills in an era of rising prices and stagnant, if not falling, wages.

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The Salt
11:01 am
Tue April 8, 2014

Why Chocolate Is A Bargaining Chip In The Ukraine-Russia Conflict

Roshen is a premium brand but some say it tastes "less refined" than Western European chocolate.
Bodo Flickr

Originally published on Tue April 8, 2014 2:21 pm

In the political battle between Ukraine and Russia, one of the biggest pawns is chocolate.

That's because the current front-runner in Ukraine's presidential race is Petro Poroshenko, known as "the Chocolate King." His billion-dollar empire was founded on candy factories.

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Money Coach
10:49 am
Tue April 8, 2014

Prepaid Debit Cards Not As Simple As They Seem

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin, and this is TELL ME MORE from NPR News. Now it's time for our money coach conversation. That's the part of the program where we talk about the economy and personal finance.

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All Tech Considered
9:16 am
Tue April 8, 2014

Windows XP Users, It's Time To Upgrade. Here's How

Microsoft is ending its support for the 12-year-old Windows XP software Tuesday.
Justin Sullivan Getty Images

Originally published on Wed April 9, 2014 10:59 am

Microsoft is ending support Tuesday for Windows XP, which means the company won't be fixing any fresh problems that crop up with the 12-year-old operating system. "PCs running Windows XP after April 8, 2014, should not be considered to be truly protected," says a company statement.

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Business
3:21 am
Tue April 8, 2014

Earned Income Tax Credit Helps Lift Workers Out Of Poverty

Originally published on Tue April 8, 2014 6:09 am

Transcript

DAVID GREENE, HOST:

It is that time of year, millions of Americans are scrambling to file their tax returns before April 15th. Some owe money. Some who had too much withheld from paychecks will get refunds. And some workers will actually get money from the government. Not a refund - hard cash, in the form of the Earned Income Tax Credit - one of the government's major anti-poverty programs. You might have heard about it. You might even qualify for it.

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Business
3:19 am
Tue April 8, 2014

Fewer Complaints Help To Boost Airline Quality Ratings

Originally published on Tue April 8, 2014 6:09 am

The nation's airlines are running late more often and losing more suitcases. But passengers are complaining less, that's boosted airline quality ratings to their highest level ever.

Politics
3:00 am
Tue April 8, 2014

Obama's Executive Orders Take On Unequal Pay For Women

Originally published on Tue April 8, 2014 6:09 am

Transcript

(SOUNDBITE OF MUSIC)

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. Good morning. I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

Today is Equal Pay Day, according to the U.S. Labor Department. The government calculates the average pay of men and women.

GREENE: A woman would've had to work all last year, then all the way until today in order to match what the average man made just last year.

INSKEEP: She needed more than 15 months to match what the man made in 12.

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NPR Story
3:00 am
Tue April 8, 2014

Bliss Ends When Microsoft Pulls The Plug On XP Support

Originally published on Tue April 8, 2014 6:09 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: Bliss.

That's the name of an iconic photograph that you might associate with this sound.

(SOUNDBITE OF MUSIC FOR WINDOWS XP OPERATING SYSTEM)

DAVID GREENE, HOST:

Bliss is the default computer desktop image you see on your computer when you launch Microsoft's Windows XP operating system. The photo features rolling green hills, a blue sky with white clouds. The colors are so vivid you might think it's fake.

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Business
1:42 am
Tue April 8, 2014

Just How New Is The 'New' GM?

CEO Mary Barra told Congress that she sits at the helm of the new GM. Is the company new and improved? The answer is complicated.
Evan Vucci AP

Originally published on Tue April 8, 2014 7:34 am

During her grilling before Congress last week, General Motors CEO Mary Barra insisted the new General Motors is different and better than the old one.

So as GM begins to fix nearly 2.6 million vehicles for an ignition-switch defect that has been linked to at least 13 deaths, we decided to put that claim to the test.

Exactly how new is the new GM?

NBC's Saturday Night Live answered with a parody version of Barra's explanation:

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Planet Money
1:40 am
Tue April 8, 2014

Why Women Don't Ask For More Money

Men are more likely to get venture capitalist support than women, and a new study found that attractive males get even more points — from both genders.
iStockphoto

Originally published on Tue April 8, 2014 8:17 am

When Emily Amanatullah was a graduate student studying management, she couldn't help noticing that a lot of the classic advice in the field was aimed more at men than women. Negotiation tactics in particular seemed tougher for women to master.

"You realize they're pretty at odds with how women comport themselves and how they're expected to comport themselves," she says.

She started to talk to other women and to examine her own behavior. All the women she spoke to said they hated advocating for themselves at work. But they had no trouble speaking up for colleagues.

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The Salt
3:46 pm
Mon April 7, 2014

Can Fish Farms Thrive In The USA?

Live tilapia are loaded into a truck bound for New York.
Dan Charles NPR

Originally published on

Why hasn't fish farming taken off in the United States?

It's certainly not for lack of demand for the fish. Slowly but surely, seafood that's grown in aquaculture is taking over the seafood section at your supermarket, and the vast majority is imported. The shrimp and tilapia typically come from warm-water ponds in southeast Asia and Latin America. Farmed salmon come from big net pens in the coastal waters of Norway or Chile.

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The Two-Way
2:46 pm
Mon April 7, 2014

WATCH: Giant Container Ship Collides With Hong Kong Park

The 633-foot container ship Hanza Constitution runs aground in Hong Kong.
YouTube

Originally published on Tue April 8, 2014 6:47 am

Such are the hazards of living in a city that is also home to one of the world's busiest ports ...

Joggers are used to dodging bikers, skateboarders and even stray animals. But if you'd happened to be running on a popular path at the Stanley Ho Sports Center in Hong Kong's Pok Fu Lam district on Sunday, you might have come close to hitting a 633-foot container ship.

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All Tech Considered
2:45 pm
Mon April 7, 2014

Silicon Valley Buying Spree: A Tech Bubble, Or Strategy At Play?

Are we in a tech bubble about to burst? Facebook bought WhatsApp for $19 billion earlier this year. WhatsApp CEO Jan Koum speaks during a conference at the Mobile World Congress 2014 in Spain.
David Ramos Getty Images

Originally published on Tue April 8, 2014 7:22 am

Over the past few months, the country's biggest technology firms have spent billions buying startups. Are we watching another tech bubble about to burst?

In this year's first quarter, Google and Facebook, alone, announced deals worth more than $24 billion on little companies that have almost no revenue. Those deals seem to have spooked Wall Street; last week, technology stocks plunged and the tech-heavy Nasdaq index fell nearly 1.2 percent Monday.

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