Business

Business
4:17 am
Thu October 30, 2014

Record Those Work Hours, Get Some Beer

Originally published on Thu October 30, 2014 4:28 am

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

Business
3:03 am
Thu October 30, 2014

LA Manufacturing Industry Still Supported By Garment Workers

Originally published on Thu October 30, 2014 4:28 am

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

Business
2:46 am
Thu October 30, 2014

The Independent Oil Producer You Usually Don't Hear From

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

All Tech Considered
2:46 am
Thu October 30, 2014

In EU, Google Faces Next Chapter With New Competition Chief

Nearly 20 companies have filed antitrust complaints against Google in Europe since 2009.
Francois Lenoir Reuters/Landov

Originally published on Thu October 30, 2014 4:28 am

In Europe, Google has avoided the prospect of steep fines in a long-running antitrust case over several of the company's business practices, but a new commissioner will soon take over the case and that has many wondering what Google could face next.

Nearly 20 companies have filed antitrust complaints against Google in Europe since 2009. The biggest of those by far is Microsoft, which has its own competing search engine, Bing.

"Microsoft has been driving these complaints from the very start," says

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The Two-Way
5:45 pm
Wed October 29, 2014

FTC Says AT&T Misled Customers About 'Unlimited' Data Plans

An AT&T Wireless store in Philadelphia.
Matt Rourke AP

Originally published on Wed October 29, 2014 5:52 pm

The Federal Trade Commission has filed a complaint in federal court against AT&T over just how unlimited the company's unlimited data plans are. The FTC says that by "throttling," or slowing down, the data of high-volume users, AT&T in fact was not giving users unlimited data. This throttling would sometimes reduce users' data speeds by 90 percent.

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The Two-Way
5:34 pm
Wed October 29, 2014

Online Dating Site Used Fake Profiles To Get Members To Upgrade Service

A screen grab of one of JDI Dating's fake profiles.
Courtesy of the Federal Trade Commission

Originally published on Wed October 29, 2014 5:49 pm

An online dating service has agreed to stop luring the lovelorn with bogus profiles of prospective dates. JDI Dating Ltd. made the settlement, announced today, with the Federal Trade Commission. The FTC said FDI was computer-generating alluring, yet fake folks who would get people to upgrade to paid memberships.

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The Two-Way
4:21 pm
Wed October 29, 2014

Close To 100,000 Hungarian Demonstrators Protest Internet Usage Tax

Thousands participants march accross the Elisabeth bridge during an anti-government rally against the government's plan to tax Internet usage.
Attila Kisbenedek AFP/Getty Images

Some 100,000 people took to the streets of Budapest, Hungary, on Tuesday to protest a proposed plan to tax Internet use.

The New York Times reports Balazs Gulyas, 27, a former member of the country's socialist party, set up a Facebook page, which spurred the protests. Gulyas told the paper that Prime Minister Viktor Orban's plan is an attempt to "create a digital iron curtain around Hungary."

The Times adds:

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Economy
3:29 pm
Wed October 29, 2014

Janet Yellen Brings A Different Leadership Style To The Fed

Originally published on Wed October 29, 2014 4:16 pm

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

The Salt
2:49 pm
Wed October 29, 2014

Monsanto Hired This Guy To Help It Win Over Millennials

The headquarters of Monsanto, near St. Louis, Mo. Monsanto is the world's largest seed supplier.
Juliette Michel AFP/Getty Images

Originally published on Wed October 29, 2014 4:45 pm

As I scrolled through tweets about a panel on agricultural entrepreneurs at the SXSW Eco conference earlier this month, one caught my eye. The sender was Vance Crowe, Monsanto's director of millennial engagement.

Corporate America is currently caught up in a torrid infatuation with millennials, who befuddle and torment the companies who want their dollars.

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Energy
2:45 pm
Wed October 29, 2014

T. Boone Pickens On The Plummeting Price Of Oil

Originally published on Wed October 29, 2014 4:16 pm

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

Business
2:30 pm
Wed October 29, 2014

Is The 'Skills Gap' Really A Thing?

Originally published on Wed October 29, 2014 4:16 pm

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

The Two-Way
12:04 pm
Wed October 29, 2014

Federal Reserve Stays The Course, Ends Most Recent Stimulus Program

Originally published on Wed October 29, 2014 5:35 pm

When the Great Recession kicked off in 2008, the Federal Reserve announced a stimulus program that bought up bonds by the trillions.

In a symbolic move that underlines the confidence the Fed has in the U.S. economy, today the Federal Open Market Committee said it was staying the course and ending the third round of economic stimulus, known as quantitative easing.

In a statement the FOMC explained:

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The Two-Way
8:38 am
Wed October 29, 2014

Book News: Young Adult And Kids' Lit Boost E-Book Revenue

It's partly because of bookshelves like these — and their digital equivalents — that publishers have had a positive open to 2014.
Blackred iStockphoto

Originally published on Wed October 29, 2014 8:59 am

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

E-book sales are standing on the shoulders not of giants, but of a much smaller set. According to new statistics released by the Association of American Publishers, the first seven months of 2014 showed marked growth in e-book revenue — largely thanks to young adult and children's literature.

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All Tech Considered
4:36 am
Wed October 29, 2014

Behind The Scenes, Storyful Exposes Viral Hoaxes For News Outlets

Storyful is making a business out of verifying material on social media for journalists and news organizations.
Storyful

Originally published on Wed October 29, 2014 7:57 am

At most news organizations, journalists celebrate when they get a story in print, on air or online.

At Storyful, editors high-five when they knock a story down.

"We like to think about [Storyful] as the first social news agency," said Mark Little, the company's buoyant CEO. A former television news anchor and correspondent in his native Ireland, Little conceived the company in 2009 after watching the documentation of mounting protests in Iran posted to Flickr and YouTube.

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The Two-Way
11:07 pm
Tue October 28, 2014

Marvel Studios To Diversify Its Movies

Originally published on Wed October 29, 2014 12:46 pm

At an event in Hollywood Tuesday, the Marvel Studios announced a number of movies, but two stood out: Black Panther and Captain Marvel. Both of those films will feature lead actors who aren't white men.

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Business
4:40 pm
Tue October 28, 2014

The Next Shirt You Buy May Say 'Made In Ethiopia.' Here's Why

People working on the assembly line in April 2012 at Huajian shoe factory in Dukem, Ethiopia.
Jenny Vaughan AFP/Getty Images

Originally published on Wed October 29, 2014 2:00 pm

"Made in China" may be leaving your wardrobe.

As labor costs in the "world's factory" continue to rise dramatically, global fashion brands are looking elsewhere to source apparel. In addition to established hubs like Bangladesh and Vietnam, the garment game is ripe for new players: Myanmar (Burma), Haiti and Ethiopia, among others, are looking to rejuvenate a once-thriving trade or even build one entirely from scratch.

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The Two-Way
4:23 pm
Tue October 28, 2014

Firm Buys Big Bike-Share Service; Expansion And Higher Rates Seen

A Citi Bike user pedals off from a bicycle station. The company that owns the service in New York and other cities has been sold, after suffering problems tied to its supply chain and the weather.
John Moore Getty Images

Originally published on Wed October 29, 2014 12:29 pm

Alta Bicycle Share, the company that manages bike-sharing programs in New York, Washington, Chicago, San Francisco and other cities, has been sold to an investment group that includes executives in fitness club operator Equinox and real estate firm Related Companies. The new owners say they'll expand the service in New York, where customers now take more than 1 million trips a month on Citi Bike.

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Parallels
12:29 pm
Tue October 28, 2014

Why Does Saudi Arabia Seem So Comfortable With Falling Oil Prices?

U.S. Secretary of State John Kerry speaks with Saudi King Abdullah bin Abdul Aziz al-Saud as the Saudi ambassador to the United States, Adel al-Jubeir, listens before a meeting at the Royal Palace in Jiddah, Saudi Arabia, on Sept. 11.
Brendan Smialowski AFP/Getty Images

Originally published on Tue October 28, 2014 4:30 pm

Oil prices continue to tumble: down about 25 percent since mid-June to a four-year low, and many analysts believe there is no end in sight.

While that's good for consumers and most businesses in the U.S., the falling price is bad for oil-exporting countries such as Russia, Venezuela, Iran and Iraq.

And blame — or credit — for the plummeting prices is falling squarely on Saudi Arabia.

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Business
2:39 am
Tue October 28, 2014

Safety Regulators Turn Attention To Faulty Air Bags

Originally published on Tue October 28, 2014 11:17 am

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

Transcript

RENEE MONTAGNE, HOST:

Let's turn now to another potentially deadly threat that has received a lot of attention lately.

DAVID GREENE, HOST:

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Business
2:39 am
Tue October 28, 2014

Behold The Entrenched — And Reviled — Annual Review

Nearly 90 percent of companies do formal evaluations at least once a year, according to the Society for Human Resource Management.
Zack Blanton iStockphoto

Originally published on Tue October 28, 2014 1:52 pm

Performance review season is nearing, and if that makes you break out into a cold sweat, you're not alone. Studies show between 60 percent and 90 percent of employees, including managers, dislike the performance evaluation.

Some companies are starting to look at alternatives, but the performance review is pretty entrenched.

"They're fraudulent, bogus and dishonest," says Samuel Culbert, a management professor at UCLA who does research in dysfunctional management practice. "And second, they're indicative of and they support bad management."

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Business
2:27 pm
Mon October 27, 2014

Competition Brews In the World Of Mobile Payments

Originally published on Mon October 27, 2014 4:25 pm

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

The Two-Way
12:28 pm
Mon October 27, 2014

CVS Pulls Apple Pay, And Many See A Fight Over Mobile Wallets

Originally published on Mon October 27, 2014 1:25 pm

One week after Apple's new mobile payment system, Apple Pay, debuted in CVS stores, CVS has backtracked and barred its use. Rite Aid took the same step, leading many observers to note that the two companies are part of a group of retailers that's developing its own payment system, called CurrentC. Partners include Wal-Mart, Best Buy and 7-Eleven.

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Planet Money
11:55 am
Mon October 27, 2014

Witches, Vampires And Pirates: 5 Years Of America's Most Popular Costumes

Quoctrung Bui/NPR

Originally published on Mon October 27, 2014 1:06 pm

Last week, we did a story on how stocking costumes can be a tricky business. Richard Parrott of Ricky's NYC, one of the biggest costume shops in New York, told us he needs to find the perfect mix of old favorites and hot new pop culture trends. This year he is betting big on costumes from the the Disney movie Frozen.

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The Two-Way
9:29 am
Mon October 27, 2014

Chiquita Fruit Company Is Bought By Two Brazilian Firms

Chiquita, whose bananas are found in markets around the U.S., has agreed to sell itself to a coalition of two Brazilian companies.
Chip Somodevilla Getty Images

Originally published on Mon October 27, 2014 12:47 pm

Chiquita Brands International, the banana and produce firm whose trademark blue stickers have been ubiquitous in American kitchens for decades, is being sold to two Brazilian companies in a deal valued at around $1.3 billion. The Charlotte-based company traces its roots to the 1870s, when American entrepreneurs brought bananas to U.S. consumers from the Caribbean.

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Parallels
2:36 am
Mon October 27, 2014

Love Is Saying 'Sari': The Quest To Save A South Asian Tradition

Courtesy of Sandip Roy

Originally published on Mon October 27, 2014 12:13 pm

My parents were married for more than 40 years, happily. But my mother says her greatest joy is stacked in her closet: her saris, or, as Bengalis say it, shaaris.

"Because sari is my passion, maybe my first love is sari," my mother says, giggling.

There are about 200 saris in there, many older than me. My mother danced on stage in a sari. She went to college in a sari. And wherever she went on holiday, she found the sari shop.

"I went to Paris, I got French chiffon. I must look for a sari, first thing," she recalls.

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The Two-Way
7:20 am
Sun October 26, 2014

EU Stress Test Finds 25 Banks Need To Shore Up Reserves

Originally published on Sun October 26, 2014 12:37 pm

After a comprehensive review of banks in the eurozone, regulators say that 25 banks out of 130 had a capital shortfall that would expose them to severe problems in an economic crisis.

The European Central Bank released the results of its yearlong study Sunday, putting banks on notice to boost their reserves within 9 months. Officials say many banks have begun that process — and some of them have already made up the shortfall that's based on a snapshot of data taken last December.

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Parallels
11:58 am
Sat October 25, 2014

Iranian Entrepreneurs Make Pitches That Are Just Practice, For Now

Companies from Jordan, Pakistan, Turkey, Saudi Arabia and Iran were among the more than 100 Internet startups at this year's Startup Istanbul event on Sept. 30. It was Iranian entrepreneurs' first time competing on an international stage.
Courtesy of Startup Istanbul

Originally published on Mon October 27, 2014 4:25 pm

Imagine this: You have a great idea for an Internet startup. You're sure it will work. You are ready to be part of the global market. There's one big problem: You live in Iran, a country facing some of the most extensive financial sanctions imposed on any country in the world.

That was the challenge for a team of young Iranian entrepreneurs competing in the recent Startup Istanbul, where aspiring entrepreneurs got to pitch ideas to the founders of successful tech companies and venture capitalists at a conference in Turkey.

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All Tech Considered
3:52 am
Sat October 25, 2014

Tech Week: Voice Mail Hang-Ups, Apple Pay And Zuckerberg's Chinese

Apple Pay is promoted on signs placed at the cash register of a Whole Foods supermarket in New York.
Bryan Thomas Getty Images

It's the weekend, which means it's time to look back on the week in technology that was. As your handy NPR One listening app says, here we go...

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The Salt
3:36 am
Sat October 25, 2014

Tracing A Gin-Soaked Trail In London

A depiction of "Gin Lane," filled with sins caused by drunken revelries.
William Hogarth/Wikimedia

Originally published on Sat October 25, 2014 9:57 am

In Scotland, some long-time whisky makers are switching over to gin. In Germany, people who distill traditional brandies are doing the same. The world is in the middle of a gin distillery boom, and it is coming to America.

One place to find the roots of this boom is London, where 250 distilleries once existed in the city limits alone.

For Charles Maxwell, this story is personal. "My great-great-grandfather was apprenticed in the city of London in the 1680s to learn how to make gin," Maxwell says. "And from that day to this, we've distilled gin in London."

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Business
5:01 pm
Fri October 24, 2014

No Quick Fixes For Drivers Affected By Air Bag Recall

The 2002 Honda CR-V is one of dozens of car models subject to a recall for faulty air bags. The air bag manufacturer, Takata, supplies bags for more than 30 percent of all cars and is one of only three large air bag suppliers.
Insurance Institute for Highway Safety AP

Originally published on Fri October 24, 2014 6:09 pm

Most auto recalls usually involve one carmaker at a time, but a massive recall this week affects not just one, but 10, ranging from BMWs to Toyotas.

At the center of it is Takata, a little-known but extremely important auto parts maker. The company makes more than one-third of the air bags in all cars.

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