Business

Business
3:36 pm
Sat June 21, 2014

In Attempt At Turnaround, Yahoo's Marissa Mayer Hires Outside The Box

Originally published on Sat June 21, 2014 4:19 pm

Transcript

ARUN RATH, HOST:

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Code Switch
12:41 pm
Sat June 21, 2014

Some Of Us Sacrifice More To Stay In Home Sweet Home

Despite the challenges to finding affordable housing, blacks and Latinos still say they feel like home ownership is an excellent investment.
Jae C. Hong AP

Originally published on Sat June 21, 2014 2:30 pm

If it seems like we talk about housing a lot on Code Switch, it's because we do. But the fact is it's really hard to talk about all the ways race correlates to different outcomes — in health or education, say— without talking about where people live. Take household wealth, for example: The major reason whites have so much more of it is because of how much likelier they are not just to own homes, but to own homes in places where that property might appreciate in value.

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All Tech Considered
7:56 am
Sat June 21, 2014

Tech Week: Yo, The Amazon Fire Phone And Apple's iWatch?

Amazon founder and CEO Jeff Bezos presents the company's first smartphone, the Fire Phone in Seattle on Wednesday.
David Ryder Getty Images

It was a big week for product news in the tech world, a topic we typically reserve for your weekly round-ups. Here we go ...

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Business
2:57 pm
Fri June 20, 2014

U.S.-Foreign Mergers Raise Calls For Tax Reforms

Medtronic Chairman Omar Ishrak said the $43 billion merger with Covidien isn't just about cutting taxes — it makes business sense.
Brendan McDermid Reuters/Landov

Originally published on Fri June 20, 2014 5:08 pm

This week the big medical device company Medtronic said it was moving its legal headquarters from Minneapolis to Ireland. It's part of a $43 billion merger with another medical company, Dublin-based Covidien.

The move is a tax-saving strategy called an inversion and it's growing more common in the corporate world.

U.S. companies make huge amounts of money overseas every year and much of it stays there, stashed away in foreign accounts.

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The Salt
2:19 pm
Fri June 20, 2014

From Organic Pioneers, Son Inherits Passion, Just Not For Farming

Writer Arlo Crawford (left) with his father, Jim Crawford, an elder statesman of the organic farming movement who dropped out of law school in 1972 to grow vegetables.
Melanie McLean/Courtesy of Henry Holt and Co.

Originally published on Wed June 25, 2014 10:00 am

If you're a listener, you may recognize the name New Morning Farm.

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The Salt
10:19 am
Fri June 20, 2014

Going Against The Grain: FDA Threatens Brewers' Feed For Farmers

Although the FDA seems to have backed off, farmers and brewers are still nervous about the FDA's rule, which will be proposed again at the end of summer.
Shelly Pope/KQED

Originally published on Fri June 20, 2014 2:57 pm

Want to infuriate the entire brewing industry? Start poking around its trash.

That's what the Food and Drug Administration discovered when it threatened to dramatically affect how breweries use their spent grain.

Last fall, the FDA proposed a new rule: Facilities producing feed for animals should be subject to regulations similar to those in food manufacturing. Any facility producing animal feed would be required to produce a written plan to identify and minimize contamination.

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All Tech Considered
8:49 am
Fri June 20, 2014

Yo Is The Buzzy App Of The Moment, Whether Yo Like It Or Not

justyo.co

Originally published on Fri June 20, 2014 12:41 pm

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The Two-Way
5:20 am
Fri June 20, 2014

Married Same-Sex Couples To Receive More Federal Benefits

The Obama administration is set to announce expanded federal benefits for same-sex spouses, no matter what state they live in. On Thursday, demonstrators supporting same-sex marriage marched in front of the Supreme Court.
Karen Bleier AFP/Getty Images

Originally published on Fri June 20, 2014 3:31 pm

This post was updated at 5:20 p.m. ET.

The Family Medical Leave Act's benefits will be extend to married same-sex couples in all of the U.S., under a White House announced today. The change comes as the Obama administration alters federal policies to fit the Supreme Court's repeal of the Defense of Marriage Act last June.

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Business
4:41 am
Fri June 20, 2014

Yo App Raises $1 Million

Originally published on Fri June 20, 2014 5:29 am

Transcript

LINDA WERTHEIMER, HOST:

Good morning. I'm Linda Wertheimer. Yo, Renee.

RENEE MONTAGNE, HOST:

Yo, Linda.

WERTHEIMER: There's a new phone app. It's called Yo. It allows you to chat to a friend but the only word you can use is yo. That's literally all Yo does. But it's raised a million dollars from investors. They buy the hype from the App Store description which says, Yo is everything and anything. It all depends on you, the recipient and the time of the yo. OK, it's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

Business
3:24 am
Fri June 20, 2014

Universal Bets Wizarding World Will Bring In Big Money Magic

The fire-breathing dragon that helped Harry and his friends escape from the banker goblins sits on top of Gringotts Wizarding Bank in Diagon Alley, Universal Orlando's newest attraction.
Ken Kinzie Universal Orlando

Originally published on Fri June 20, 2014 6:18 pm

Universal Orlando Resort's new Diagon Alley attraction is true to the books — a place where people who love magic can buy anything from wands to butterbeer.

At the end of the street is Gringotts Wizarding Bank, and on top, the fire-breathing dragon that helped Harry and his friends escape from the banker goblins.

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NPR Story
3:08 am
Fri June 20, 2014

High Court Ruling Supports Employees In Retaliation Cases

Originally published on Fri June 20, 2014 5:29 am

Transcript

LINDA WERTHEIMER, HOST:

The U.S. Supreme Court has handed public employees a victory, ruling that they cannot be fired for testifying truthfully on matters of public concern. The unanimous decision broadens protections for government employees. NPR's Nina Totenberg reports.

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All Tech Considered
3:00 pm
Thu June 19, 2014

Your Favorite Musicians, Straight From Their Laptop To Yours

Stageit and another startup, Concert Window, have made it easy to play online shows — and make money doing it.
Stageit.com

Originally published on Fri June 20, 2014 9:47 am

At midnight on a Wednesday night, the young Irish singer Janet Devlin kicks off an acoustic show. She's in London, but her audience is all over: from Norway to South Africa to the U.S. A few hundred fans have paid $8 to watch online, and some have been chatting with each other for hours — and even leaving tips of $10 and $25 before Devlin sang a note.

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Business
2:12 pm
Thu June 19, 2014

American Apparel's Founder Is Out, Tailed By Reports Of Misconduct

Originally published on Thu June 19, 2014 5:12 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block. America Apparel has ousted its founder, his name is Dov Charney. The clothing company had dealt with allegations of misconduct against him and lawsuits for years. NPR's Sam Sanders reports.

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The Two-Way
12:38 pm
Thu June 19, 2014

Harley-Davidson's New Bike Hums, Instead Of Roaring

Harley-Davidson's new electric motorcycle can hit 60 mph from a standing start in 4 seconds. The company plans to unveil the LiveWire model Monday in New York.
M.L. Johnson AP

Originally published on Fri June 20, 2014 10:21 am

Don't expect to hear the roar of a gas engine when you see the new motorcycle from Harley-Davidson. That's because it's powered by batteries. The Wisconsin-based company unveiled its new LiveWire bike today, saying it's "time to shape the next generation" of riders.

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The Salt
10:18 am
Thu June 19, 2014

It's Not Tennessee Whiskey If It's Aged In Kentucky, State Says

New regulations on what can be called "Tennessee whiskey" have sparked a fight between the makers of Jack Daniel's and George Dickel, two best-selling brands.
Justin Sullivan Getty Images

Originally published on Tue June 24, 2014 10:10 am

Tennessee whiskey comes from Tennessee, Scotch comes from Scotland, and tequila hails from Mexico.

Simple, right?

Well, actually, no. The latest chapter in the Tennessee whiskey wars revolves around the finer points of making whiskey in the Volunteer State — specifically, where you take the spirit to age.

The kerfuffle began in 2013, as NPR's Scott Simon explained earlier this spring, when the state Legislature decided to specify what exactly qualifies as Tennessee whiskey.

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The Two-Way
9:59 am
Thu June 19, 2014

Supreme Court Rules Against Patents For Abstract Ideas

Originally published on Thu June 19, 2014 11:13 am

The U.S. Supreme Court ruled unanimously Thursday that using a computer to implement an abstract idea does not make that invention eligible for a patent.

At issue in the case, Alice Corp. v. CLS Bank International: Do software inventions get the same kind of patent protections as other inventions?

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The Two-Way
8:27 am
Thu June 19, 2014

American Apparel Ousts Its Controversial Founder, Dov Charney

American Apparel founder Dov Charney was ousted Wednesday by the company in the wake of allegations of misconduct against him.
Monika Graff UPI /Landov

Originally published on Thu June 19, 2014 9:38 am

The board of clothing chain American Apparel voted Wednesday to replace founder Dov Charney in the wake of allegations of misconduct against him.

In a statement on its website, the board said that it notified Charney of its intent to terminate his employment as president and CEO. He is expected to be fired following a 30-day period, the statement added.

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NPR Ed
6:06 am
Thu June 19, 2014

Free College For All: Dream, Promise Or Fantasy?

Originally published on Thu June 19, 2014 8:56 am

"Free" is a word with a powerful appeal. And right now it's being tossed around a lot, followed by another word: "college."

A new nonprofit, Redeeming America's Promise, announced this week that it will seek federal support to make public colleges tuition-free. That effort is inspired by "Hope" and "Promise" programs like the one in Kalamazoo, Mich., which pays up to 100 percent of college tuition at state colleges and universities for graduates of the city's public high schools.

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Business
3:29 am
Thu June 19, 2014

D.C. Real Estate Agent Attracts Buyers With His Prose

Originally published on Thu June 19, 2014 5:50 am

Real Estate agents often take poetic license with listings: light-filled patio unit means basement apartment. Tom Faison got bored writing the usual listings, and now his are mini works of art.

Business
3:18 am
Thu June 19, 2014

China Forges Stronger Economic Ties With Greece

Originally published on Thu June 19, 2014 5:50 am

China is one of the largest investors in Greece, and has poured money into the country at a time when other investors balked. Beijing wants Greece to be its gateway to Europe's marketplaces.

NPR Story
3:14 am
Thu June 19, 2014

American Apparel Fires Its Controversial CEO

Originally published on Thu June 19, 2014 5:50 am

Dov Charney was the founder of the sweatshop-free clothing company. He's been forced out amid an investigation into alleged misconduct

NPR Story
3:14 am
Thu June 19, 2014

With Loyal Customers In Mind, Amazon Unveils Fire Phone

Originally published on Thu June 19, 2014 5:50 am

At a gala party on Wednesday, Amazon launched its first smartphone. It is distinguished from other phones by the ease with which you can use it to buy things from Amazon.

NPR Story
3:14 am
Thu June 19, 2014

When It Comes To Dating, Some People Have A Type

Originally published on Thu June 19, 2014 5:50 am

Match.com is partnering with another service to offer facial-recognition technology. It will compare photos of clients' exes with database photos in the hopes of finding faces with similar features.

Shots - Health News
10:04 pm
Wed June 18, 2014

How Your State Rates In Terms Of Long-Term Care

Minnesota, Washington and Oregon topped the ranking, which looked at 26 variables, including affordability and whether patients could get good paid care at home. Alabama and Kentucky came in last.
Fred Froese/iStockphoto

Originally published on Thu June 19, 2014 9:58 am

In just 12 years, the oldest members of the huge baby-boom generation will turn 80. Many will need some kind of long-term care. A new study from AARP says that care could vary dramatically in cost and quality depending on where they live.

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Business
3:26 pm
Wed June 18, 2014

Amazon Raises The Curtain On A Fire Of Its Own

Originally published on Wed June 18, 2014 5:08 pm

At an unveiling in Seattle, online retail giant Amazon announced its entry into the smartphone market with a new device called "Fire." NPR's Martin Kaste was at the unveiling in Seattle, and he offers his take on the event.

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

Transcript

MELISSA BLOCK, HOST:

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Business
2:22 pm
Wed June 18, 2014

GM Chief Makes A Return Trip To The Hill, Where A Grilling Awaits

Originally published on Wed June 18, 2014 5:08 pm

General Motors CEO Mary Barra faced another grueling hearing on Capitol Hill, two weeks after a critical internal report blasted the company's handling of defective ignition switches as incompetent. GM has recalled 20 million vehicles already this year and has set aside $700 million to cover repairs related to the recall.

News
2:22 pm
Wed June 18, 2014

Ruling On Redskins' Trademarks Carries Symbolic Weight

Originally published on Wed June 18, 2014 5:08 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block. The U.S. Patent and Trademark Office has canceled six trademark registrations held by the Washington Redskins. Today's ruling determined the football teams trademark name is disparaging to Native Americans and unfit for federal registration. But as Hansi Lo Wang of NPR's Code Switch team reports, the team still owns the Redskins name and can continue to use it.

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Economy
2:22 pm
Wed June 18, 2014

Sluggish Housing Market A Product Of Millions Of 'Missing Households'

NPR Census Bureau

Originally published on Wed June 18, 2014 5:08 pm

A year ago, the housing market looked like it was finally recovering. Sales and prices were picking up. But then home sales fizzled. Currently, they are down about 7 percent from last spring.

A big part of why housing remains so stunted is that there are more than 2 million "missing households" in the U.S. That's how economists describe the fact that fewer people are striking out on their own to find places to live.

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The Two-Way
1:03 pm
Wed June 18, 2014

Fed Slows Pace Of Bond Buying, Keeps Rates Steady — For Now

Federal Reserve Chair Janet Yellen speaks during a news conference at the Federal Reserve in Washington, on Wednesday. The Fed announced that it was cutting back on bond buying and would leave short-term rates unchanged.
Susan Walsh AP

Originally published on Wed June 18, 2014 5:03 pm

This post was updated at 5:30 p.m. ET.

The Federal Reserve said today it will further curtail its bond purchases because of an improving U.S. job market, but it offered no hint as to when it might start raising short-term interest rates.

A statement from the Federal Reserve Open Market Committee said:

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The Two-Way
12:34 pm
Wed June 18, 2014

Amazon Unleashes Fire Phone To Compete With Apple, Samsung

Amazon CEO Jeff Bezos introduces the new Amazon Fire Phone on Wednesday, in Seattle.
Ted S. Warren AP

Originally published on Wed June 18, 2014 6:24 pm

This post updated at 5:20 p.m. ET.

It's called the Fire Phone, and Amazon is hoping that its entry into the mobile arena will prove a hot seller that puts the iconic brand at everyone's fingertips.

CEO Jeff Bezos introduced the Fire Phone at an event Wednesday in Seattle.

In screen size, the Fire Phone's, which measures 4.7 inches diagonally, falls somewhere between the Apple iPhone and its larger competitor, the Samsung Galaxy.

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