Business

Business
2:21 pm
Wed November 5, 2014

Business Leaders Hope Shifts In Congress Will Bring Tax Reform

Originally published on Thu November 6, 2014 8:23 am

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

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Fine Art
2:21 pm
Wed November 5, 2014

Sotheby's Has Record Auction With Works By Giacometti, Van Gogh

Originally published on Thu November 6, 2014 8:23 am

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

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The Salt
1:21 pm
Wed November 5, 2014

Prison Dairy Gives Inmates Job Skills — And A Sense Of Purpose

Jose Franco and his colleagues at the Corcoran prison dairy milk about 300 cows a day.
Lisa Morehouse

Originally published on Wed November 5, 2014 3:45 pm

Making license plates is the stereotypical job for a prisoner, but in California's Central Valley, a group of inmates are doing very different work, supplying milk to almost every prisoner in the state system.

They earn just 35 to 95 cents an hour, but inmates at Corcoran state prison say the job gives them plenty of other benefits.

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Shots - Health News
10:44 am
Wed November 5, 2014

Employers Can't Skip Insurance Coverage For Hospitalization

Some employers said that leaving out hospital coverage helped protect low-wage workers from big deductibles.
Amriphoto iStockphoto

Closing what many see as a loophole that could trap millions of people in sub-standard insurance, the Obama administration said Tuesday that large-employer medical plans lacking hospital coverage will not qualify under the Affordable Care Act's toughest standard. It also offered relief to workers who may be enrolled in those plans next year.

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The Salt
10:40 am
Wed November 5, 2014

Colorado, Oregon Reject GMO Labeling

Supporters of efforts to label GMOs in foods turn out at a rally in Denverin 2013. A ballot measure that would such labels failed to pass by a wide margin Tuesday.
Luke Runyon KUNC/Harvest Public Media

Originally published on Wed November 5, 2014 11:40 am

An effort to label genetically modified foods in Colorado failed to garner enough support Tuesday. It's the latest of several state-based GMO labeling ballot measures to fail. UPDATE: A similar measure in Oregon was also defeated by a narrow margin.

Voters in Colorado resoundingly rejected the labeling of foods that contain the derivatives of genetically modified - or GMO – crops, with 66 percent voting against, versus 34 percent in favor.

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Business
10:22 am
Wed November 5, 2014

Thumbs Up For Higher Minimum Wages, And For Marijuana Industry

Fast-food workers and activists demonstrate outside a Chicago McDonald's in July in favor of a higher minimum wage. Illinois voters on Tuesday called on the state Legislature to approve a $10 minimum wage.
Scott Olson Getty Images

Originally published on Wed November 5, 2014 1:44 pm

Besides electing lawmakers Tuesday, voters settled ballot initiatives affecting everything from soda-pop taxes to fracking to marijuana sales.

The outcomes varied, but there was one economic issue that united voters. Overwhelmingly, they approved raises for minimum-wage workers.

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The Two-Way
7:37 am
Wed November 5, 2014

Voters In Texas City Approve Ban On Fracking

From left, Topher Jones, Edward Hartmann and Angie Holliday hold a campaign sign outside City Hall in Denton, Texas, on July 15, 2014. Voters in the college town approve a ban on fracking on Tuesday.
Tony Gutierrez AP

Originally published on Wed November 5, 2014 10:55 am

Residents of Denton, Texas, voted Tuesday to ban hydraulic fracturing in the city.

According to unofficial results posted on the city's website, 58.64 percent of voters supported banning the controversial drilling method that is also called fracking; 41.36 percent voted against the proposition. It's the first time a city in the energy-friendly state has voted to ban fracking.

The vote is expected to be challenged, but Mayor Chris Watts said he would defend the ban.

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The Two-Way
6:45 am
Wed November 5, 2014

GMO Labeling: Colorado Voters Reject Food Measure; Maui Voters Approve

In the latest bids to compel companies to label foods made with genetically modified ingredients, voters in Colorado and Oregon weighed in on the issue Tuesday.
Brennan Linsley AP

Originally published on Wed November 5, 2014 2:49 pm

In the latest bids for states to compel companies to label foods that contain genetically modified ingredients, Colorado voters decided the issue in their state today.

Proposition 105, was defeated by a roughly 2-1 margin Tuesday.

Oregon voters also considered a measure, but it is still too close to call — the no vote leading the yes vote by two percentage points with more than 80 percent of the vote counted.

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Law
1:34 am
Wed November 5, 2014

The Supreme Court Takes Up The Case Of The Missing Fish

Robel Phillipos, center, departs federal court Oct. 28 in Boston with defense attorney Derege Demissie, right, after he was convicted on two counts of lying about being in the dorm room of Boston Marathon bombing suspect Dzhokhar Tsarnaev three days after the bombing in 2013, while two other friends removed a backpack containing fireworks and other potential evidence.
Stephan Savoia AP

Originally published on Wed November 5, 2014 10:18 am

Usually when a fisherman tells a fish story, he makes the fish as big as he can carry. But on Wednesday, the U.S. Supreme Court hears a case about a fisherman convicted of deep-sixing some fish altogether so no one could accurately check their size.

The question before the justices is whether his conviction, based on a law passed after a scandal that destroyed energy firm Enron and resulted in criminal convictions for accounting firm Arthur Andersen, should get the hook.

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The Record
1:33 am
Wed November 5, 2014

Taylor Swift, Platinum Party Of One

Some things actually are surprising: Taylor Swift, performing on ABC's Good Morning America in New York City on Oct. 30, sold over a million copies of her new album, 1989, in its first week.
Jamie McCarthy Getty Images

Originally published on Wed November 5, 2014 3:53 pm

Tuesday night, Nielsen SoundScan announced that Taylor Swift sold 1.287 million copies of her new album, 1989 in its first week of release. This would be impressive in any year, but in a year like this, you could call it a miracle. So far in 2014, only one album has sold more than a million copies: the soundtrack to the movie Frozen, which actually came out in 2013. No other album released in 2014 has sold one million copies, all year long. So it's not just that Taylor Swift is doing big numbers. She's doing big numbers at a time when no one else is doing big numbers.

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Energy
1:28 am
Wed November 5, 2014

New England Electricity Prices Spike As Gas Pipelines Lag

One proposed solution for New England's energy price spike problem: Importing more liquefied natural gas and feeding it into the pipeline network on the other side of the region's bottleneck.
Sam Evans-Brown New Hampshire Public Radio

Originally published on Wed November 5, 2014 9:58 am

When Don Sage of Concord, N.H., learned his electric bill could rise by as much as $40 a month he got flustered. He and his wife make do on a bit less than $30,000 a year in Social Security payments, and they pay close attention to their electric bills.

"When the invoice comes in the mail to get paid, I have a target amount that we can fluctuate up or down, based on our fixed budget," Sage says. "They don't need my permission to hike up their rates, but the fact is we're the ones that are paying these increases."

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Business
4:00 pm
Tue November 4, 2014

It's Still Too Early For Tanking Oil Prices To Curb U.S. Drilling

Ray Gerrish repairs a drilling rig near Watford City, N.D. Oil industry analysts predict that oil prices will have to remain low for at least several months before having a significant effect on U.S. production.
Jim Gehrz MCT/Landov

Originally published on Tue November 4, 2014 4:32 pm

Oil prices fell again Tuesday, to just below $76 a barrel before recovering slightly — one day after Saudi Arabia cut prices for the crude it sells in the U.S. market.

During most of the last quarter-century, that would have been viewed as a very positive development for the U.S. economy. But oil production here has increased so quickly in the past several years, the continuing price drops pose a potential threat to U.S. oil producers.

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The Salt
4:00 pm
Tue November 4, 2014

Why Farmers Aren't Cheering This Year's Monster Harvest

Sunlight streams into a corn storage building at a Michlig Grain storage facility in Sheffield, Illinois, U.S., on Oct. 31, 2014. The price of corn has been falling for months.
Daniel Acker/Bloomberg via Getty Images

Originally published on Tue November 4, 2014 4:32 pm

U.S. farmers are bringing in what's expected to be a record-breaking harvest for both corn and soybeans. But for many farmers, that may be too much of a good thing.

Farmers will haul in 4 billion bushels of soybeans and 14.5 billion bushels of corn, according to USDA estimates. The problem? Demand can't keep up with that monster harvest. Corn and soybean prices have been falling for months. A bushel of corn is now worth under $4 — about half what it was two years ago.

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The Salt
2:49 pm
Tue November 4, 2014

Massachusetts Food Waste Ban Gains Broad Acceptance

Massachusetts composting companies like City Soil, which turn food waste into compost that can be used on gardens and farms, say they expect to get quite a bit of new business from the food waste ban.
Courtesy of City Soil

Originally published on Wed November 5, 2014 2:03 pm

Americans alone, on average, throw out about 20 pounds of food a month, most of it hauled away with the trash.

In October, Massachusetts began telling any institution — like businesses, colleges and hospitals — that produces large amounts of food waste: Not in our landfill. Massachusetts law now says that if you throw out more than a ton of food waste a month, it can't go to a landfill.

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All Tech Considered
2:16 pm
Tue November 4, 2014

Domino's Becomes A Tech Company That Happens To Make Pizza

A stats board displayed at the Domino's flagship store in Grand Rapids, Mich.
Emily Fox Michigan Public Radio

Originally published on Thu November 20, 2014 5:20 pm

If we asked you to name a few technology companies, Google or Microsoft might come to mind. But one tech company that isn't so obvious is Michigan-based but globally present Domino's Pizza.

In recent years, the company has gotten noticeably good at something that wasn't always its focus — developing technology products to get pizzas to people more easily.

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Business
1:23 am
Tue November 4, 2014

Falling Oil Prices Make Fracking Less Lucrative

Pumpjacks at the Inglewood oil fields in California in March. Some of the most controversial methods of oil extraction, like fracking, oil sands production and Arctic drilling, are also expensive. That's made them less profitable as the price of oil continues to fall.
Richard Vogel AP

Originally published on Tue November 4, 2014 10:35 am

Oil prices are down than more than 25 percent since June and are staying low for now. Drivers may appreciate that, but for oil companies, it's making some of the most controversial methods of producing oil less profitable — and in a few cases, unprofitable.

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Media
2:33 pm
Mon November 3, 2014

Friction At First Look Media Spills Into Public View

Originally published on Mon November 3, 2014 4:23 pm

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

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The Salt
10:33 am
Mon November 3, 2014

A Non-GMO Way To Get More, Tastier Tomatoes

Researchers at Cold Spring Harbor Laboratory say their new genetic toolkit to improve tomato yield without compromising flavor can be used in all varieties, from plum to cherry.
Courtesy of Zach Lippman/Cold Spring Harbor Laboratory

People who grow tomatoes want varieties that produce as much saleable crop as possible. People who eat tomatoes are less interested in yield, and more in taste. The tension between taste and yield can get pretty intense. What's a poor tomato plant to do?

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Book News & Features
1:26 am
Mon November 3, 2014

After 'Fifty Shades,' Could This Be The Next Big Online Hit?

Charles Sykes /AP

Originally published on Mon November 3, 2014 3:23 pm

Much like Fifty Shades of Grey, After is an epic, erotic fan fiction that's being repackaged by a major publishing house. But where Fifty Shades was inspired by the Twilight books, After is loosely based on real people: The British boy band One Direction. And the first volume of After has just hit stores — but let's rewind a little, to those words, "fan fiction." I know, you're probably making a face right now, but bear with me.

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The Two-Way
6:42 am
Sun November 2, 2014

Co-Pilot Killed In SpaceShipTwo Crash Was Experienced And Steady

In a photo released by Scaled Composites, Michael Alsbury, who was killed while co-piloting the test flight of Virgin Galactic SpaceShipTwo on Friday, Oct. 31, 2014, is shown.
Scaled Composites AP

Originally published on Sun November 2, 2014 1:45 pm

Michael Alsbury, the co-pilot killed during a test flight of Virgin Galactic's SpaceShipTwo is being described as an expert pilot and engineer who had 15 years of flying experience, much of it on experimental aircraft.

Alsbury, 39, was killed Friday when the prototype of the reusable space plane, designed for suborbital tourist flights, apparently broke apart in midair over the Mojave Desert. Pilot Peter Siebold, 43, managed to eject and parachuted to safety. Siebold is described as alert and talking.

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Business
5:46 am
Sun November 2, 2014

How To Invent A Catchy Drug Name

Originally published on Sun November 2, 2014 8:04 am

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

The Two-Way
12:17 pm
Sat November 1, 2014

Investigation Of Deadly Spaceship Crash Begins In Mojave Desert

Wreckage lies near the site where a Virgin Galactic SpaceShipTwo, crashed in Mojave, Calif., on Friday.
Ringo H.W. Chiu AP

Originally published on Sat November 1, 2014 5:55 pm

More than a dozen investigators with the National Transportation Safety Board are on the ground in California's Mojave Desert to find out why a manned spaceship crashed on Friday.

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All Tech Considered
3:29 am
Sat November 1, 2014

Tech Week: Tim Cook's Reveal, Net Neutrality And Big Data Dishes

Although Apple CEO Tim Cook's sexual orientation wasn't public, it has been something of an open secret in business and technology circles.
Michael Graae Getty Images

Originally published on Fri November 7, 2014 8:02 am

Tim Cook is known for revealing new Apple products but the company's CEO made news this week by publicly acknowledging that he's gay. As NPR's Laura Sydell reported, Cook's decision may have a larger impact overseas than in the U.S.

And for other tech news highlights this week:

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Your Money
3:21 am
Sat November 1, 2014

5 Reasons Why Your Financial Outlook Just Got Better

Gas prices below $3 per gallon add up to big savings for consumers.
Rich Pedroncelli AP

Originally published on Fri November 7, 2014 4:49 pm

Look at your paycheck.

Chances are good you won't see much more there than you did in the summer of 2008 — just before the financial crisis hit. Average private-sector earnings are $24.53 an hour now, unchanged from 2008, after adjusting for inflation.

So most likely, you haven't felt yourself moving up for years.

Now, that may be changing.

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This Week's Must Read
4:34 pm
Fri October 31, 2014

A 19th Century Novel Explains Quantitative Easing

Originally published on Sun November 2, 2014 4:36 pm

Anthony Trollope was one of England's, and maybe the world's, greatest 19th century novelists. I say that even though I'm not especially a fan. Trollope's prose is determinedly, insistently flat and neutral. Reading him you sometimes get the impression that if he came upon a particularly brilliant phrase or image, he would take it out, on the basis that it distracted from the story.

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Business
4:08 pm
Fri October 31, 2014

'Frozen' Characters Holding Strong For Costume Of The Year

Originally published on Fri October 31, 2014 5:41 pm

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

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The Two-Way
1:28 pm
Fri October 31, 2014

After Mass Protests, Hungary Gives Up On Internet Tax

Thousands of participants march across the Elisabeth bridge during a rally against the government's plan to tax Internet usage.
Attila Kisbenedek AFP/Getty Images

Days after some 100,000 people took to the streets in protest, Hungary's government has given up on plans to tax Internet usage.

As we reported, opponents said the tax was the government's attempt to "create a digital iron curtain around Hungary."

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The Two-Way
1:05 pm
Fri October 31, 2014

1 Dead After Commercial Spaceship Crashes During Test Flight

The commercial space ship, pictured here in an earlier test flight, crashed in the California desert.
Mark Greenberg Virgin Galactic

Originally published on Fri October 31, 2014 3:28 pm

In what could be a major setback for commercial space tourism, a manned spaceship has crashed in California's Mojave Desert.

The Virgin Galactic Spaceship Two was on a test flight this morning, with two pilots aboard. Minutes after its rocket fired, the company announced on Twitter that spacecraft experienced an "anomaly."

Capt. Tom Ellison of Kern County Fire Department said that Spaceship Two had a malfunction shortly after it separated from White Knight Two, the rocket that gives Spaceship Two a lift up to 45,000 feet.

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Television
2:57 am
Fri October 31, 2014

In An Online, On-Demand Age, TV Reruns Are Redefined

A new digital platform called Simpsons World features all 25 years of episodes. FX says it is trying to cater to both old-fashioned TV fans and people who watch shows on other devices.
FOX

Originally published on Fri October 31, 2014 1:27 pm

Countless episodes of The Simpsons are built around goofball dad Homer's inability to understand anything online, including starting a home business with no declared purpose: Compu-Global-Hyper-Mega-Net.

His reasoning: "Everybody's making money off the Internet, except us!"

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Parallels
2:57 am
Fri October 31, 2014

Why Deflation Is Such A Big Worry For Europe

A farmer protesting falling prices dumps cauliflower in front of the prefecture building of Saint-Brieuc in northwestern France as police look on Sept. 24.
Fred Tanneau AFP/Getty Images

Originally published on Fri October 31, 2014 8:46 am

Growth is slowing all over the world right now, and that's especially true in Europe. Much of the continent is on the brink of another recession, and even the German economy is sputtering to a halt.

Some of the weakest countries, such as Spain and Italy, are actually experiencing deflation — a broad drop in incomes and asset values. It's a painful process that can be hard to reverse once it starts.

Europe's long, slow economic downturn has taken its toll on Javier Oroz Rodriguez, who owns a butcher shop in downtown Madrid.

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