Business

All Tech Considered
3:40 pm
Tue September 30, 2014

EBay Spins Off PayPal Into Fast-Changing World Of Mobile Payments

EBay announced it will split from the payments service PayPal, forming two independently traded companies beginning in 2015.
Joe Raedle Getty Images

Originally published on Tue September 30, 2014 4:46 pm

A big breakup is happening in the business world. Online retailing giant eBay is splitting up with its payments operation, PayPal, sometime in 2015. The move comes at a prime opportunity for PayPal, as the future of online payments is still being charted.

When PayPal first came on the scene in the late 1990s, it simplified making online purchases in a way that users adopted, fast.

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The Two-Way
3:31 pm
Tue September 30, 2014

New York Boosts Pay For Thousands With Hourly Wage Hike

New York City Mayor Bill de Blasio signs an executive order raising the city's living wage law Tuesday. The move will require some employers to pay their employees between $11.50 and $13.13 an hour, depending on whether the employee receives benefits.
Andrew Burton Getty Images

Mayor Bill de Blasio signed an executive order Tuesday that effectively raises the hourly wage for thousands of workers in New York City. The city says its expansion of the Living Wage provisions will boost yearly earnings for the lowest-paid workers from $16,640 to $27,310.

From New York, NPR's Joel Rose reports:

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Business
2:34 pm
Tue September 30, 2014

Preventing Worker Burnout Can Boost The Bottom Line

iStockphoto

Originally published on Tue September 30, 2014 4:46 pm

Burnout at work seems like a fact of life, especially with employers cutting back on leave benefits.

But some companies are trying novel fixes. In addition to boosting morale, some employers say, eliminating burnout can increase productivity and profitability.

At Aptify, a Virginia software company, burnout was a problem a few years ago. Projects demanded long hours, which affected motivation and morale. It's a medium-size firm, with 200 workers, but at the time, procedures seemed overly corporate and cumbersome.

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Law
2:34 pm
Tue September 30, 2014

Six Years After Financial Crisis, Litigation Carries On With AIG Suit

Originally published on Tue September 30, 2014 4:46 pm

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

Shots - Health News
8:57 am
Tue September 30, 2014

Database Flaws Cloud Sunshine On Industry Payments To Doctors

Originally published on Tue September 30, 2014 1:09 pm

Editor's note: The Open Payments database is live and can be found at here.

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Law
3:06 am
Tue September 30, 2014

U.S. Judge Holds Argentina In Contempt After Debt Default

Originally published on Tue September 30, 2014 11:46 am

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

Transcript

AUDIE CORNISH, HOST:

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The Salt
1:38 am
Tue September 30, 2014

European Activists Say They Don't Want Any U.S. 'Chlorine Chicken'

Originally published on Tue September 30, 2014 11:46 am

Mute Schimpf doesn't want to eat American chicken. That's because most U.S. poultry is chilled in antimicrobial baths that can include chlorine to keep salmonella and other bacteria in check. In Europe, chlorine treatment was banned in the 1990s out of fear that it could cause cancer.

"In Europe there is definitely a disgust about chlorinated chicken," says Schimpf, a food activist with Friends of the Earth Europe, an environmental group.

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The Salt
10:27 am
Mon September 29, 2014

Everything But The Squeal: How The Hog Industry Cuts Food Waste

The rendering industry likes to call itself the world's oldest recycling system. Nearly 100 percent of processed pigs will eventually get used — as meat and in uses as varied as medicine and pet food.
iStockphoto

Originally published on Mon September 29, 2014 2:48 pm

A tour of a pork processing plant takes a hard hat, waterproof boots and a strong stomach.

Oh, and hairnets.

Americans eat just half of the meat produced by farm animals. So what happens to the rest of the animal? I arrive at the Farmland Food plant in Milan, a factory in northeast Missouri, for a tour.

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Business
2:56 am
Mon September 29, 2014

Will The NFL's Domestic Violence Scandal Hurt Its Bottom Line?

Originally published on Mon September 29, 2014 5:17 am

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

American Made: The New Manufacturing Landscape
1:27 am
Mon September 29, 2014

Rochester Focuses On A New Picture Of American Manufacturing

Tom Worden works on a fixed-abrasive grinding table at Exelis Inc. in Rochester, N.Y. Exelis is an aerospace and defense company, and employs numerous former Kodak workers in its facility.
Mike Bradley for NPR

Originally published on Mon September 29, 2014 5:17 am

Rochester, N.Y., was once the imaging capital of the world, home to Kodak, Xerox and the eye care company, Bausch + Lomb.

Led by these companies, the manufacturing sector once employed 60 percent of Rochester's workforce. Now, that's less than 10 percent. And so, like many cities in this country, Rochester is trying to build something new from its manufacturing heritage.

If you want to understand the story of Rochester, says historian Carolyn Vacca, you need to come to High Falls, where from a bridge visitors see a waterfall and a panoramic view of downtown.

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Business
3:46 pm
Sun September 28, 2014

Movie Theaters Hope To Add Another Dimension To Their Profits

Theaters that call themselves 4-D use lights, moving seats, fog and even sprays of water and air to give moviegoers a unique experience — one they hope audiences will consider worthy of higher ticket prices.
Ernesto LĂłpez Ruiz Courtesy of CJ E&M America

Originally published on Sun September 28, 2014 5:06 pm

Some experimental features have been popping up in movie theaters lately. One of them is a so-called 4-D experience. It's hard to describe in words exactly what a 4-D movie experience feels like, but here's one attempt: it is intense.

During a recent screening of Guardians of the Galaxy in 4-D at the Regal Cinemas LA Live theater, the seat moved up and down and side to side, like a simulator ride. There were strobe lights; fog seemed to come out of the walls and little jets of water sprayed over the seats.

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All Tech Considered
9:11 am
Sun September 28, 2014

Facebook Requires Real Names. What Does That Mean For Drag Queens?

Drag queens Lil Miss Hot Mess (left) and Sister Roma join other activists for a news conference at San Francisco City Hall on Sept. 17 to speak out against Facebook's rule on using legal names for profiles.
Eric Risberg AP

Originally published on Tue September 30, 2014 3:18 pm

Years ago, Lil Miss Hot Mess created a Facebook profile.

"The way that I move through the world as a drag queen is different than how I move through the world every day," she says. With her stage name, she has a different social circle, a different way of being online.

Her page was shut down early last week, and she wasn't the only one whose account was deactivated. Facebook also closed the pages of other queens after they were reported for not using their "real" names on Facebook.

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Business
5:56 am
Sun September 28, 2014

Detroit Salon Finds New Ways To Use Old Hair

Originally published on Sun September 28, 2014 1:21 pm

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

Transcript

LINDA WERTHEIMER, HOST:

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Business
7:09 am
Sat September 27, 2014

Amazon's Original Content Primes The Pump For Bigger Sales

Amazon recently premiered its new dramedy Transparent. The massive retailer is banking on its original TV content to rope in new customers.
Charley Gallay Getty Images for Amazon Studios

Originally published on Sat September 27, 2014 11:43 am

Amazon is betting that binge-watching will lead to more online buying. On Friday, the company put up all 10 episodes of a highly anticipated series called Transparent, a show about a transgender parent coming out to her children — just one of a spate of original movies and TV shows coming out this year.

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All Tech Considered
5:58 am
Sat September 27, 2014

Tech Week That Was: Apple's Gaffes, Shellshock And Hello Ello

Apple CEO Tim Cook walks off stage after speaking during the Apple Worldwide Developers Conference in June.
Justin Sullivan Getty Images

It's time for your weekly look back at the tech headlines from NPR and beyond. Let's get to it ...

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The Salt
4:15 pm
Fri September 26, 2014

GMO Wheat Investigation Closed, But Another One Opens

How did that genetically modified wheat end up in a field in Oregon? Investigators still don't know, but now they've found GMO wheat in Montana, too.
iStockphoto

Originally published on Fri September 26, 2014 5:38 pm

Investigators from the U.S. Department of Agriculture's Animal and Plant Health Inspection Service (APHIS) say that they cannot figure out how genetically engineered wheat appeared, as if by magic, in a farmer's field in eastern Oregon in the spring of 2013.

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The Two-Way
4:03 pm
Fri September 26, 2014

The 'Bond King' Leaves His $2 Trillion Kingdom

Bill Gross
AP

Originally published on Fri September 26, 2014 4:24 pm

Heavy drama played out this week — and not just on Shonda Rhimes' TV shows.

The bond-investing world was roiled by news that Bill Gross — the man known as "The Bond King" — has abruptly left the huge investment firm he founded in 1971. The departure left a lot of people scratching their heads on Wall Street.

"The natural question is: What's going on at PIMCO?" said David Kotok, chief investment officer at Cumberland Advisors. "There's all kinds of speculation" about why Gross left.

"And the answer is, it's speculation — and so we don't know," Kotok said.

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Business
2:12 pm
Fri September 26, 2014

PIMCO's 'Bond King' Quits Amid Reports Of Erratic Behavior

Originally published on Fri September 26, 2014 3:51 pm

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

Transcript

RACHEL MARTIN, HOST:

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Business
2:12 pm
Fri September 26, 2014

Cab Competition In San Francisco Benefits Riders

Originally published on Fri September 26, 2014 3:51 pm

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

The Two-Way
9:52 am
Fri September 26, 2014

Lights, Camera, Drones: Hollywood's Lens Gets A Little Larger

A Parrot Bebop drone flies during a demonstration in May in San Francisco.
Jeff Chiu AP

Originally published on Fri September 26, 2014 2:08 pm

Hollywood is getting the green light to fly its own drones.

The Federal Aviation Administration is giving approval to six movie and TV production companies to use drones for filming. And the move could pave the way for the unmanned aircraft systems to be used in other commercial ventures.

The FAA will permit the six companies to use remote-controlled drones to shoot movies and video for TV shows and commercials, but there will be certain limitations.

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Shots - Health News
9:00 am
Fri September 26, 2014

Debate Grows Over Employer Health Plans Without Hospital Benefits

There's just one catch: hospital care isn't covered.
iStockphoto

Lance Shnider is confident Obamacare regulators knew exactly what they were doing when they created an online calculator that gives a green light to new employer coverage without hospital benefits.

"There's not a glitch in this system," said Shnider, president of Voluntary Benefits Agency, an Ohio firm working with some 100 employers to implement such plans. "This is the way the calculator was designed."

Timothy Jost is pretty sure the whole thing was a mistake.

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Business
8:43 am
Fri September 26, 2014

Former Fed Bank Examiner Says Secret Tapes Show Fed Leniency

A former Federal Reserve employee says that audio recordings show Fed examiners being too gentle with the banks they regulate.
David Karp AP

The Federal Reserve is among the most powerful institutions in the nation and also among the more private. But new audio tapes secretly recorded by a former employee provide a rare look into meetings involving officials from the Federal Reserve Bank of New York.

In them, you hear officials considering how to oversee Goldman Sachs, and specifically, they discuss a financial transaction that one official describes as "legal but shady."

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The Salt
8:32 am
Fri September 26, 2014

Belgium Likes Underground Beer. No, Literally

Originally published on Fri September 26, 2014 1:52 pm

The De Halve Maan Brewery prides itself on its family origins, its classic recipe, and the history of its beer, crafted carefully since 1856. But there's change brewing (pun intended) on the horizon: In 2015, its owners hope to open a pipeline of beer beneath the city streets of Bruges.

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The Two-Way
8:12 am
Thu September 25, 2014

Richard Branson Thinks Employees Should Have Unlimited Vacation

British billionaire Richard Branson has long been a business revolutionary, but his latest venture is raising a few eyebrows. The Virgin Group founder has introduced a "No Vacation Policy" policy. Staff can take time off whenever they want, for as long as they want. They don't need managers to sign-off on it, and there's no tracking involved.

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Business
3:11 am
Thu September 25, 2014

Toy Hall Of Fame To Announce Latest Inductees In November

Originally published on Thu September 25, 2014 10:26 am

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

Transcript

AUDIE CORNISH, HOST:

And now this - we have in hand this year's finalist for the National Toy Hall of Fame.

STEVE INSKEEP, HOST:

There's a National Toy Hall of Fame?

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The Salt
1:33 am
Thu September 25, 2014

Sayonara To 'Super-Size Me'? Food Companies Cut Calories, So Do We

Wouldn't this salad make a healthful addition to your pizza for dinner?
iStockphoto

Originally published on Thu September 25, 2014 10:26 am

It just might be the dawn of a new era in American eating. Two-thirds of us are now more likely to go for foods marketed as lower-calorie and "better for you," and that means we're finally eating fewer calories.

But all this calorie-cutting from our cookies and cupcakes isn't just benevolent behavior on the part of the big food and beverage companies. It's also good for their bottom line.

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Politics
3:11 pm
Wed September 24, 2014

Shifting Stance, Some GOP Candidates Back State Minimum Wage Hikes

Illinois Republican gubernatorial candidate Bruce Rauner says under certain conditions, he would support a higher minimum wage in his state.
Seth Perlman AP

Originally published on Wed September 24, 2014 4:15 pm

Here's another entry in the strange bedfellows political show, 2014 edition: As Election Day gets closer, some Republicans in battleground races seem to be moving to the center on a number of issues. Their latest sea change is the minimum wage.

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All Tech Considered
2:27 pm
Wed September 24, 2014

#Gamergate Controversy Fuels Debate On Women And Video Games

Under the #Gamergate hashtag, a debate has flared surrounding ethics in video game journalism and the role and treatment of women in the video game industry.
iStockphoto

Originally published on Tue September 30, 2014 7:35 am

For the past several weeks, the video game industry has been embroiled in a heated, sometimes ugly, debate, under the hashtag #Gamergate.

It's a debate about a lot of things and it involves a lot of people, but at its heart, #Gamergate is about two key things: ethics in video game journalism, and the role and treatment of women in the video game industry — an industry that has long been dominated by men.

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Business
2:27 pm
Wed September 24, 2014

What Makes A Bike Pump Worth $450?

Originally published on Fri September 26, 2014 9:12 am

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

Transcript

MELISSA BLOCK, HOST:

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Business
2:27 pm
Wed September 24, 2014

New Treasury Rules May Slow, But Not Stop, Corporate Inversions

Originally published on Fri September 26, 2014 9:12 am

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

Transcript

RACHEL MARTIN, HOST:

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