Business

NPR Ed
1:37 am
Wed June 11, 2014

College For Free: Tulsa's Radical Idea

Who can say no to a free college education?
iStockPhoto

Originally published on Wed June 11, 2014 7:49 am

The average cost of one college year across all degree-granting intuitions in the U.S. was more than $19,000 in 2012, and we don't need to tell you what direction the price is heading. Which means lots of students are now borrowing heavily to make college work. President Obama threw some of them a lifeline earlier this week, with revisions to the government's Pay As You Earn program.

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Business
3:43 pm
Tue June 10, 2014

Cars Shed Pounds In Race To Meet Fuel-Efficiency Goals

Ford says it cut the weight of its concept Fusion (left) by nearly 25 percent, matching the weight of a Ford Fiesta (right).
Ford

Originally published on Tue June 10, 2014 6:31 pm

The car industry is required to raise the average fuel efficiency of its vehicles to 54.5 miles a gallon by 2025. But consumers have been reluctant to adopt hybrid technology that'll get the industry there quicker.

That means the car companies have to find other ways to get fuel savings.

If you were to guess, how important would you say fuel economy is to the car business? How much of the research and development is going into making cars more efficient?

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The Salt
2:22 pm
Tue June 10, 2014

Brewers Have Been All Bottled Up, But Now They're Canning It

Belmont Party Supply is Dayton, Ohio's destination for craft beer.
Lewis Wallace/WYSO

Originally published on Tue June 10, 2014 6:31 pm

You may have noticed a trend clinking around on the shelves of your local liquor store: More and more fancy craft beer is showing up in aluminum cans.

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Economy
2:13 pm
Tue June 10, 2014

A Radical Way To Make Banking Safer: Get Rid Of Banks Entirely

Originally published on Tue June 10, 2014 6:31 pm

Transcript

MELISSA BLOCK, HOST:

Here's a big idea, one that sounds crazy and fringy, but it's getting support from some very mainstream people. The idea is this - make our financial system safer by getting rid of banks. Here's Jacob Goldstein of NPR's Planet Money.

JACOB GOLSTEIN, BYLINE: There is this weird thing about banks - it's not a secret, it's been going on for hundreds of years - but it is strange. The money in your bank account is not actually in the bank. The bank takes your money and lends it out to someone else.

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Money Coach
10:53 am
Tue June 10, 2014

Getting More Out Of A Summer Job Than Money

Summer jobs aren't just about the extra money. Finance expert and educator Alvin Hall shares tips for teens on how to get a good job and get the most out of it.

Technology
10:53 am
Tue June 10, 2014

Arab Entrepreneurs Head To Silicon Valley To Grow Their Ventures

Nafeesa Syeed's book tells stories of women making a way for themselves and others in the Arab world.
Courtesy of Nafeesa Syeed

Originally published on Tue June 10, 2014 4:35 pm

Top tech entrepreneurs from across the Middle East and North Africa are in Silicon Valley this week visiting companies like Twitter, Facebook and Google. The week culminates in the TechWadi forum, where the most impressive Arab entrepreneurs from around the world will be recognized.

Throughout the week, Arab innovators will be brainstorming with successful CEOs, learning how to expand their companies and getting tips on pitching to investors.

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The Two-Way
8:59 am
Tue June 10, 2014

With Concern For Environment, Illinois Bans Microbeads

Researcher Sherri Mason looks for microbeads in a water sample from Lake Michigan.
Cheryl Corley

Originally published on Tue June 10, 2014 11:27 am

Illinois became the first state in the union to ban microbeads, the tiny bits of plastic found in consumer products like skin exfoliants and soap.

As NPR's Cheryl Corley reports, environmentalists say that when microbeads wash down the drain, they're usually missed by filtration systems, which means they become food to fish and other wildlife.

Cheryl filed this report for our Newscast unit:

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The Two-Way
8:14 am
Tue June 10, 2014

Drones Approved: FAA Gives OK To First Commercial Use Over Land

A 2011 photo shows an AeroVironment Puma drone being prepared for launch by University of Alaska researchers. The FAA says it approved BP's use of the drone to survey oil fields in Alaska.
Keith Cunningham AP

Originally published on Tue June 10, 2014 11:24 am

The Federal Aviation Administration says it has issued the first permit in its history for an unmanned aircraft to fly over U.S. soil. Oil company BP will use a drone from the company AeroVironment to conduct surveys in Alaska.

The first drone flights under the recently issued waiver have already taken place, the FAA says.

From the agency's news release:

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Business
5:56 am
Tue June 10, 2014

Short Suit Is A Cool Way To Look Professional In Summer Months

Originally published on Tue June 10, 2014 6:23 am

On top is the traditional suit jacket but down below instead of longs pants, there are shorts to match the jacket.

Education
4:23 am
Tue June 10, 2014

Easing Student Loan Burdens On The Frontburner For Obama, Senate

Originally published on Tue June 10, 2014 6:23 am

David Greene talks to financial aid expert Mark Kantrowitz about proposals to mitigate student loan debt from the White House and in the Senate. Kantrowitz is the founder of the website finaid.org.

Education
4:21 am
Tue June 10, 2014

Obama Acts To Ease Student Loan Payments

Originally published on Tue June 10, 2014 6:23 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. Good morning. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne. It's graduation time on college campuses around the country - a time for students and their families to celebrate. But as President Obama noted at the White House yesterday, for many students, it's also a time when the bills start coming due.

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NPR Story
3:39 am
Tue June 10, 2014

Supreme Court Rules BP Must Keep Paying For Spill

Originally published on Tue June 10, 2014 10:30 am

Under a legal settlement, BP has been sending money to businesses affected by the 2010 Gulf of Mexico spill. The company said the terms of the settlement are being misinterpreted. The court disagreed.

Business
3:25 am
Tue June 10, 2014

Oil Field Work Pays Well But The Conditions Aren't For Everyone

Originally published on Tue June 10, 2014 6:23 am

Some of the best paying jobs in the American West are in the oil and gas industry. But only 18 percent are held by women, and many of those are office jobs which pay considerably less.

Around the Nation
3:11 am
Tue June 10, 2014

Detroit's Big 3 Pledge Millions To Help City Workers' Pensions

Originally published on Tue June 10, 2014 6:23 am

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION from NPR News. I'm Renee Montagne.

DAVID GREENE, HOST:

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NPR Story
3:09 am
Tue June 10, 2014

Microsoft And Sony Kick Off E3 With Dueling Announcements

Originally published on Tue June 10, 2014 7:15 am

Every year, gamers turn their eyes to Los Angeles for E3, the Electronic Entertainment Expo. It's the annual video game industry convention.

Around the Nation
1:47 am
Tue June 10, 2014

How Coal Industry Jobs Coexist With Rising Sea Levels In Virginia

Rough surf pounds a fishing pier as Tropical Storm Hanna passes through Virginia Beach, Va., in 2008. Virginia is dependent on coal mining but it also faces routine flooding from rising sea levels.
Steve Helber AP

Originally published on Tue June 10, 2014 7:49 am

Skip Stiles stands on the edge of a small inlet known as the Hague, near downtown Norfolk, Va. The Chrysler Museum of Art is nearby, as are dozens of stately homes, all threatened by the water.

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Politics
1:46 am
Tue June 10, 2014

In Booming San Jose, Businesses Settle Into A Minimum Wage Hike

Chuck Hammers, owner of Pizza My Heart in San Jose, Calif., raised prices on slices by 25 cents and pies by about $1 after the minimum wage increase, and says he hasn't experienced a drop in business.
Kirk Siegler NPR

Originally published on Mon June 30, 2014 7:33 am

It's been a little more than a year since San Jose, Calif., increased the city's minimum wage by $2 per hour, with adjustments for inflation. Now at $10.15 an hour, it's one of the state's highest.

Back in 2012, as voters were debating the wage hike, some in the restaurant and hospitality industry warned that an increase would be bad for the sector. It would deter new businesses from opening, they said, and would cause existing businesses to slash hours for employees.

So how are San Jose's businesses faring today? The answer is, it depends.

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Music News
2:16 pm
Mon June 9, 2014

Apple Jacks The Headphone Port

What do you mean Apple is getting rid of the headphone jack? Where's it going?
iStockphoto

Originally published on Tue June 10, 2014 8:54 am

Apple may be set to end its use of the standard 3.5mm headphone connector — the mini plug — in favor of its proprietary connector, the Lightning port. If it was to do that, new iPhones, iPads and iPods wouldn't work with old headphones. It's had more than a few industry folks and Apple fanatics upset, to say the least.

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The Salt
2:06 pm
Mon June 9, 2014

California Farmers Ask: Hey Buddy, Can You Spare Some Water?

Allen Peterson's farm, near the city of Turlock, Calif., lies next to a concrete-lined canal full of water. He's one of the lucky ones.
Dan Charles/NPR

Originally published on Mon June 16, 2014 7:29 am

Imagine if a gallon of milk cost $3 in your town, but 100 miles away it cost $100, or even $200.

Something similar is happening right now in California with water that farmers use to irrigate their crops. Some farmers are paying 50 or even 100 times more for that water than others who live just an hour's drive away.

The situation is provoking debate about whether water in California should move more freely, so that it can be sold to the highest bidder.

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Music News
1:47 pm
Mon June 9, 2014

Reach For The Sky, YouTube: Music Service In Standoff

A still from Vampire Weekend's "Diane Young" music video, which has received more than 3 million views on YouTube.
YouTube

Originally published on Tue June 10, 2014 9:41 am

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The Two-Way
11:25 am
Mon June 9, 2014

Obama Signs Order Easing Student Loan Payments

President Obama is introduced by Andy MacCracken, before signing a Presidential Memorandum on reducing the burden of student loan debt on Monday in East Room of the White House.
Pablo Martinez Monsivais AP

Originally published on Mon June 9, 2014 2:27 pm

(This post was updated at 3:24 p.m. ET.)

President Obama signed an order on Monday that expands the number of Americans whose student loan payments will be capped at 10 percent of their monthly incomes.

CNN reports the new order would allow an additional 5 million borrowers to take advantage of the cap beginning in December 2015.

Bloomberg adds:

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Business
8:51 am
Mon June 9, 2014

Monday Business Watch

Time now for the Monday Business Watch with Edmundo Resendez and Las Cruces Sun-News Interim Business Editor, Jason Gibbs. 

  

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Business
6:14 am
Mon June 9, 2014

French Open Ups Prize Money

Transcript

DAVID GREENE, HOST:

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Business
6:14 am
Mon June 9, 2014

HealthCare.gov's Next Version Is In The Hands Of Young Techies

Transcript

DAVID GREENE, HOST:

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Business
6:14 am
Mon June 9, 2014

Tyson Foods Prevails In Bidding War For Hillshire Brands

Transcript

DAVID GREENE, HOST:

NPR's Business News like, perhaps your breakfast, begins with sausage. Tyson Foods has prevailed in a bidding war for Hillshire Brands, the maker of Jimmy Dean sausage as well as Ball Park hotdogs. The deal, reportedly worth just under $7 billion, was made over the weekend, although details have not yet been made public. Tyson, the nation's biggest meat company, beat out Pilgrim's Pride, which is owned by a giant Brazilian food Corporation. Transcript provided by NPR, Copyright NPR.

Television
6:14 am
Mon June 9, 2014

More Scripted TV Shows Included In Top-10 List

Transcript

DAVID GREENE, HOST:

Not sure if you heard or not, but American Idol just crowned a new winner.

(SOUNDBITE OF TV SHOW, "AMERICAN IDOL")

RYAN SEACREST: The winner of "American Idol," season 13, is Caleb Johnson.

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Economy
3:46 am
Sat June 7, 2014

Job Outlook Brightens For Graduates, Though Problems Linger

Kaitlin Foran, a senior at the College of Charleston in South Carolina, meets with a prospective employer at a job fair at National Harbor in Maryland.
T.J. Kirkpatrick Getty Images

Originally published on Tue June 10, 2014 1:07 pm

Congratulations Class of 2014! You are entering a labor market that offers a record number of paychecks.

On Friday, the Labor Department said the U.S. economy now has 138.5 million jobs, slightly more than the previous high set in early 2008 — just as the Great Recession was tightening its grip.

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Economy
3:43 am
Sat June 7, 2014

To Sell A House In California, It Might Need Good Feng Shui

About 40 miles east of Los Angeles, houses in the new College Park subdivision are designed to have good feng shui.
Miles Bryan NPR

Originally published on Sat June 7, 2014 10:41 am

If you leave Los Angeles, Calif., on Interstate 10 and head east for about 40 miles, you'll run into a quintessentially suburban phenomenon: the opening of a subdivision.

At one such development called College Park in Chino, Calif., the lawns are bright green, the D.J. is spinning classic rock and a lot of the conversations are in Mandarin. Among those looking for a house is Eddie Yung. He lives in China now, but he's moving to California.

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The Two-Way
4:01 pm
Fri June 6, 2014

GM Recalls 105,000 More Vehicles

The 2014 Chevrolet Silverado is among the vehicles being recalled.
Paul Sancya AP

Originally published on Fri June 6, 2014 4:59 pm

A day after General Motors admitted it failed customers who owned cars with a defective ignition switch, the automaker issued a recall for 105,000 more vehicles, bringing the total number of GM recalls so far this year to 34, involving 14 million vehicles, Michigan Public Radio's Tracy Samilton reports.

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The Two-Way
2:55 pm
Fri June 6, 2014

Despite Va. Order, Car Services Uber, Lyft Refuse To Pull Over

Passenger Christina Shatzen gets into a car operated by a driver for Lyft. Virginia has sent a cease-and-desist letter to Lyft, Uber and other car-sharing services.
Jeff Chiu AP

Uber and Lyft car services have said they will continue to operate in Virginia, despite a cease-and-desist letter from the state saying the service is illegal because it hasn't received authorization from the Department of Motor Vehicles.

It comes a day after Colorado became the first state to pass a law regulating such companies, which use smartphone apps to connect passengers with drivers of vehicles for hire and ridesharing services and have seen fast growth in recent years in some parts of the country.

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