Business

NPR Story
2:45 am
Tue July 22, 2014

Telecommuting Didn't Work Out For One Transplanted Worker

Originally published on Tue July 22, 2014 11:13 am

Transcript

STEVE INSKEEP, HOST:

This summer, we're also focusing on the high rate of youth unemployment and hearing what some out-of-work younger adults are doing to make ends meet. Christina Gastlelum is 32. She recently moved to Maine from New York City. She tried to keep doing her job as vice president of a nonprofit remotely which did not work out.

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All Tech Considered
4:35 pm
Mon July 21, 2014

Net Neutrality, Shall I Compare Thee To A Highway? A Showerhead?

Members of global advocacy group Avaaz stand next to a digital counter showing the number of petition signatures calling for net neutrality outside the Federal Communication Commission in Washington in January. Avaaz joined other groups to deliver more than a million signatures for a free and open Internet to the FCC.
Kevin Wolf AP

The Federal Communications Commission says it's writing rules for the Internet to preserve the status quo.

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All Tech Considered
2:54 pm
Mon July 21, 2014

1 Million Net Neutrality Comments Filed, But Will They Matter?

Complaints about Janet Jackson's Super Bowl halftime show performance of 2004 led to a record number of public interactions with the Federal Communications Commission. This year's net neutrality comments come in second.
Donald Miralle Getty Images

Originally published on Mon July 21, 2014 6:16 pm

The Federal Communications Commission received more than 1 million public comments on the issue of net neutrality during a five-month commenting period that ended Friday.

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Law
2:18 pm
Mon July 21, 2014

GOP Marks Dodd-Frank's 4th Birthday With Calls For Repeal

Originally published on Mon July 21, 2014 9:10 pm

Transcript

AUDIE CORNISH, HOST:

Four years ago today, President Obama signed a massive overhaul of the nation's financial laws, The Dodd-Frank Wall Street Reform and Consumer Protection Act. The law was a response to the Wall Street bailouts and regulatory failings that sparked the financial crisis and caused the great recession. As NPR's John Ydstie reports, the anniversary is being marked by calls from some to repeal parts of the law.

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The Salt
11:54 am
Mon July 21, 2014

From Scratch Or Not? French Restaurant Law Stirs Controversy

A new logo that is supposed to ensure a Paris restaurant's food is homemade (fait maison in French) is already stirring up controversy.
Miguel Medina AFP/Getty Images

Originally published on Mon July 21, 2014 3:04 pm

If you go to France this summer, you might notice a new logo in restaurant windows or on menus. It's a simple graphic of a rooftop covering a saucepan, and it's supposed to designate fait maison, or homemade. It's designed to highlight places that make their own dishes rather than bringing in frozen or sous vide โ€” prepared meals cooked in a water bath, sealed in airtight plastic bags and designed to be heated up later.

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The Two-Way
5:44 am
Mon July 21, 2014

Book News: 'Big 5' Publishers Absent From Amazon's New E-Book Service

Originally published on Mon July 21, 2014 8:57 am

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

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Business
4:06 am
Mon July 21, 2014

Arkansas Razorbacks Trademark Famous Hog Call

Originally published on Mon July 21, 2014 6:30 am

The famous hog call chanted by fans of the sports teams of the University of Arkansas Razorbacks is now a registered trademark owned by the school.

Business
4:06 am
Mon July 21, 2014

Report Of Expired Meat Sparks Food Safety Scare In China

Originally published on Mon July 21, 2014 6:30 am

Transcript

STEVE INSKEEP, HOST:

All Tech Considered
3:34 am
Mon July 21, 2014

Next To Silicon Valley, Nonprofits Draw Youth Of Color Into Tech

Taneka Armstrong, 20, is learning about different aspects of the tech industry โ€” from coding to sales โ€” through the nonprofit group Hack the Hood.
Aarti Shahani NPR

Originally published on Mon July 21, 2014 8:07 am

Twenty-year-old Taneka Armstrong wants to land a high-tech job, but her day starts at Taco Bell.

Armstrong stands behind a steel counter, making Burrito Supremes and ringing up customers. She counts pennies and quarters. She also gets orders from her bosses, who she says can be pretty condescending.

"They're just like, 'Oh, did you know that already?' Or, 'Can you do this?' " she says. "Yes, I've been doing it, for almost a year now."

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Code Switch
3:27 am
Mon July 21, 2014

The Youth Unemployment Crisis Hits African-Americans Hardest

Originally published on Mon July 21, 2014 8:50 am

Young people are being chased out of the labor market. Though the national unemployment rate has fallen steadily in recent months, youth unemployment remains stubbornly high, and the jobless rate is even higher among young minorities. For young people between the ages of 16 and 24, unemployment is more than twice the national rate, at 14.2 percent. For African-Americans, that rate jumps to 21.4 percent.

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Business
3:27 am
Mon July 21, 2014

Tobacco Company Told To Pay $23.6B In Lawsuit

Originally published on Mon July 21, 2014 6:30 am

The R.J. Reynolds Tobacco Co. has been hit with a $23.6 billion ruling from a lawsuit brought by a chain smoker's widow.

The Two-Way
3:27 am
Mon July 21, 2014

Rubio: Small Government Can Help Fix Economic Inequality

Florida Sen. Marco Rubio, shown here at an event in Washington last month, spoke with NPR's Morning Edition about the country's economic challenges.
Molly Riley AP

Originally published on Mon July 21, 2014 7:07 am

Sen. Marco Rubio, a potential 2016 GOP presidential contender, is concerned about issues of access to affordable education, availability of job training and prospects for economic mobility. While shunning the "income inequality" language of the left, he insists that those problems need to be viewed through the lens of limited government.

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Business
8:37 am
Sun July 20, 2014

Justice Dept. Charges FedEx For Online Drug Shipments

Originally published on Sun July 20, 2014 10:08 am

Transcript

ARUN RATH, HOST:

A federal grand jury indicted FedEx last week on charges the company knowingly shipped drugs from illegal online pharmacies. NPR's Yuki Noguchi reports the disputes over shippers' responsibilities in the illegal drug trade go back many years.

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The Two-Way
8:21 am
Sun July 20, 2014

R.J. Reynolds Vows Appeal Of $23 Billion Cancer-Death Verdict

Camel cigarettes, an R.J. Reynolds brand, are seen on display at JJ&F Market in in Palo Alto, Calif. The company has vowed to appeal a $23 billion judgement.
Paul Sakuma AP

Originally published on Sun July 20, 2014 10:01 am

R.J. Reynolds Tobacco Co., the nation's second-largest cigarette maker, is vowing to fight a verdict of $23.6 billion in punitive damages to the widow of a smoker who died of lung cancer.

Calling the massive award "grossly excessive and impermissible under state and constitutional law," the tobacco company's CEO, J. Jefferey Raborn, said the verdict was "beyond the realm of reasonableness and fairness, and is completely inconsistent with the evidence presented."

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Business
2:42 pm
Sat July 19, 2014

Temporary Tenants Give Luxury Homes A Lived-In Look

Alan Shuminer lives on two acres of land in a house with a current list price of $3.3 million in Miami รขย€ย” and he only pays $2,600 a month. He is a home manager for Showhomes, a home staging company.
Showhomes

Bernie Schupbach needed to sell his home in the height of the real estate crash.

His home in Yorkville, Ill., was unoccupied. It had lingered on the market for a long time โ€” and Schupbach, a radiologist in Aurora, Ill., was growing uncomfortable.

"To me, you worry about a pipe breaking in winter. You worry about the heat going out. You worry about vandals. You worry about animal infestation," he says. "My big concern was: There's nobody there, I'm 30 miles away."

Then somebody mentioned Showhomes to Schupbach and his wife, Lynn.

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The Two-Way
10:25 am
Sat July 19, 2014

States That Raised Minimum Wage See Faster Job Growth, Report Says

Seattle Mayor Ed Murray (right) and Seattle City Council President Tim Burgess cut a cake to celebrate city's raised minimum wage.
Ted S. Warren AP

Originally published on Sat July 19, 2014 4:42 pm

New data released by the Department of Labor suggests that raising the minimum wage in some states might have spurred job growth, contrary to what critics said would happen.

In a report on Friday, the 13 states that raised their minimum wages on Jan. 1 have added jobs at a faster pace than those that did not. The data run counter to a Congressional Budget Office report in February that said raising the minimum wage to $10.10 an hour, as the White House supports, would cost 500,000 jobs.

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The Salt
10:20 am
Sat July 19, 2014

Deploying Drones To Get An Overview Of Factory Farms

The drone in Potter's promotional video on Kickstarter. "Now I'm looking at other models (and a second drone) because some people have threatened to shoot it down," Potter says.
via Kickstarter

An independent journalist says he's found a way around the so-called "ag-gag" laws by flying drones over large livestock operations to document animal welfare problems and pollution.

Will Potter, a Washington D.C.-based author and blogger, recently raised $75,000 on Kickstarter to buy the drones and other equipment to investigate animal agriculture in the U.S.

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All Tech Considered
3:42 am
Sat July 19, 2014

Tech Week: Microsoft Layoffs, Comcast Call Hell And Call Of Duty

Comcast CEO Brian Roberts gestures as he speaks during a cable convention in Washington, D.C., in 2013. This week, his company drew scrutiny for an agonizing customer service experience.
Susan Walsh AP

Between the Comcast kerfuffle and big layoffs at Microsoft, we weren't at a loss for tech news this week. So here's what happened since your last wrap-up, from NPR and beyond.

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The Salt
10:01 am
Fri July 18, 2014

Soylent DIYers Sell Their Own Versions Of The Powdered Food

Soylent CEO Rob Rhinehart holds a bag of finished product in September 2013. Rhinehart recently discouraged members of the company's DIY online community from competing directly with Soylent.
Josh Edelson AFP/Getty Images

Originally published on Tue July 22, 2014 3:35 pm

When Rob Rhinehart first created Soylent โ€“โ€“ a powdered, synthetic food product made of industrial nutrients and oils โ€“โ€“ he was a San Francisco techie trying to sustain himself cheaply without the inconveniences of grocery shopping, cooking or even eating.

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The Two-Way
9:17 am
Fri July 18, 2014

Amazon Launches Subscription Service For E-Books

Amazon launched a new subscription service for e-books and audiobooks on Friday called Kindle Unlimited.

The service, which will cost subscribers $9.99 per month after a free initial 30-day trial, offers access to more than 600,000 e-books and about 2,000 audiobooks. The reading and listening experiences can be linked through a syncing service.

Such "all you can eat" subscription models have become common for music and video. Amazon now enters into a space already occupied by unlimited reading services such as Scribd, Oyster and Entitle.

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Business
4:34 am
Fri July 18, 2014

Sony Forgets To Renew Games Domain Name

Originally published on Fri July 18, 2014 6:00 am

Transcript

DAVID GREENE, HOST:

And now to today's last word in Business, which is shutdown.

STEVE INSKEEP, HOST:

That's what happened to Sony's popular online gaming service Tuesday morning after the company forgot to renew a key domain name.

GREENE: This domain name was for the site www.sonyonline.net. The lapse temporarily knocked out online games like "EverQuest" and "Landmark."

INSKEEP: OK, so how did they forget? Well, Sony says it's possible that expiration notices were sent to the wrong email.

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Business
3:52 am
Fri July 18, 2014

Microsoft Announces Biggest Layoffs In Company's History

Originally published on Fri July 18, 2014 6:00 am

Transcript

DAVID GREENE, HOST:

NPR's Business News starts with a downsized Microsoft. Microsoft announced the biggest layoffs in its history yesterday. It's cutting 18,000 jobs worldwide over the next year - that's 14% of its workforce. The company's new CEO wants to adapt to a society and an industry increasingly dependent on mobile devices. From member station KPLU, Bellamy Pailthorp reports.

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All Tech Considered
1:37 am
Fri July 18, 2014

Better Culture Could Have Prevented Viral Comcast Call

The call center of Zappos.com gets high marks from consumers for strong customer service.
Shashi Bellamkonda Flickr

Originally published on Mon July 21, 2014 9:13 am

This week, one man's customer service call to Comcast turned into a badgering โ€” a simple request to cancel his service was repeatedly beaten back by the employee on the other end of the line. It was a familiar feeling for a lot of us, which perhaps explains why more than 4 million people have listened to it in less than a week.

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The Two-Way
6:07 pm
Thu July 17, 2014

FedEx Charged With Shipping Drugs For Illegal Online Pharmacies

FedEx was indicted Thursday on charges of assisting illegal online pharmacies by shipping controlled substances.
Justin Sullivan Getty Images

Originally published on Thu July 17, 2014 6:28 pm

A federal grand jury has indicted FedEx on charges of assisting illegal pharmacies. Prosecutors say the shipping company knowingly distributed controlled substances, NPR's Carrie Johnson reports.

FedEx is "accused of conspiring to distribute prescription drugs to people who never met with doctors โ€” a violation of the Controlled Substances Act," Johnson says.

She says prosecutors in San Francisco demanded that representatives for FedEx appear in court on July 29.

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Economy
3:36 pm
Thu July 17, 2014

Latest Wrinkle In The Jobs Debate: Blame The Boomers

Participation in the workforce has dropped significantly since 2007, and economists say more than half of the dropouts may never return.
Spencer Platt Getty Images

Originally published on Mon July 21, 2014 11:46 am

Since late 2007, the U.S. labor force has shrunk significantly, raising questions about where former workers have gone and why.

Now the White House Council of Economic Advisers says it has found answers and has compiled them into a detailed research report released Thursday.

As it turns out, most of the missing workers have been hiding in plain sight: They are retiring baby boomers.

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News
3:24 pm
Thu July 17, 2014

White House Urges Lawmakers To Address Popular Tax Dodge

Ireland (shown here in this Dingle Peninsula photo) has been among the greenest pastures for countries seeking to reduce their tax liabilities through a process called "corporate inversion."
iStockphoto

Originally published on Thu July 17, 2014 6:40 pm

When is it OK for an American company to avoid paying American taxes?

That's the question the Senate Finance Committee will wrestle with next week as the Obama administration urges lawmakers to make it harder for companies to duck corporate taxes by setting up shop overseas.

The latest tax-cutting strategy to go under the microscope, these so-called corporate inversions are a buttoned-down variation of an older, sexier tax dodge called the "naked inversion."

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Business
2:53 pm
Thu July 17, 2014

Lawmakers Call For GM's Top Lawyer To Step Down

Originally published on Thu July 17, 2014 6:40 pm

Transcript

AUDIE CORNISH, HOST:

At a Senate hearing today, there were calls for General Motors top lawyer to step down. Recent media reports have made clear that company lawyers knew faulty ignition switches were causing fatal accidents. Despite that GM blocked internal efforts to issue a recall and they kept information from federal safety regulators. The ignition defect is responsible for at least 13 deaths and will cost GM billions of dollars. NPR's Sonari Glinton has the latest.

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Business
2:53 pm
Thu July 17, 2014

Microsoft Announces Largest Job Cut In Its History

Originally published on Thu July 17, 2014 6:40 pm

Transcript

ROBERT SIEGEL, HOST:

Microsoft announced today the largest job cuts in the company's history. Eighteen thousand jobs will be eliminated over the next year. During Microsoft's last big round of layoffs, the company was coping with a worldwide recession. That was in 2009. Today Microsoft is trying to catch up with the mobile explosion, as NPR's Aarti Shahani reports.

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The Two-Way
11:00 am
Thu July 17, 2014

CEO Of Ignition Switch Maker Says No Responsibility For GM Deaths

Executive vice president and general counsel at General Motors Co. Michael Millikin (from left), GM CEO Mary Barra, CEO and president of Delphi Automotive PLC Rodney O'Neal and chairman of the firm at Jenner & Block Anton Valukas testify before a Senate Commerce, Science and Transportation Committee hearing.
Jim Lo Scalzo EPA/Landov

Originally published on Thu July 17, 2014 12:52 pm

The CEO of the manufacturer of the ignition switches that ended up in recalled General Motors cars said his company bears no responsibility for deaths resulting from the part, which was redesigned according to GM specifications.

"We had a product that we worked with General Motors to develop," Delphi Automotive's Rodney O'Neal told a Senate subcommittee looking into the ignition switch failure that caused at least 13 deaths among drivers and passengers in GM cars.

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The Protojournalist
10:09 am
Thu July 17, 2014

Kooky Kickstarters โ€” Why They Succeed

Project Title: Secrets Of A Kick*ss Kickstarter

Category: Journalism

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