Business

The Salt
12:35 pm
Thu January 3, 2013

Hold That Mini-Burger: Restaurants Forecast Food For 2013

Sliders. We're over them, the National Restaurant Association says.
Bob Ingelhart iStockphoto.com

Originally published on Tue January 8, 2013 7:42 am

Still ordering gazpacho and sliders at your favorite restaurant? Not pre-screening restaurant menus before you make a reservation? Well, hop in the DeLorean and set the chronometer to 2013: You're really behind the times.

Technology is in and bacon-flavored chocolate is out, says a recent survey of 1,800 chefs across the nation.

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The Two-Way
11:41 am
Thu January 3, 2013

FTC Closes Google Inquiry; Tech Giant Makes Changes And Avoids Antitrust Charges

Originally published on Thu January 3, 2013 12:25 pm

Google has agreed to change some of its business practices, in an agreement made with the Federal Trade Commission that will end the U.S. agency's antitrust probe of the search and technology company.

In the terms of the deal, Google agrees not to appropriate content such as users' reviews from other sites for use in its search and mobile offerings. The company also pledged to make it easier for advertisers to compare the value of running ad campaigns through Google compared to advertising on rivals Yahoo and Microsoft.

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Politics
9:54 am
Thu January 3, 2013

Will Congress Get Along In 2013?

Originally published on Thu January 3, 2013 10:05 am

A new Congress takes office today, after a nail-biting end to the last term. There were reports of choice words from House Speaker John Boehner to Senate Majority Leader Harry Reid, but Congress came together on a budget agreement. Guest host Celeste Headlee asks how congressional deals are made, and what to expect from the freshman class.

The Two-Way
6:26 am
Thu January 3, 2013

Layoffs Have Slowed, Hiring Has Picked Up, But Jobless Claims Are Higher

The scene at a career fair in New York City last fall.
Mike Segar Reuters /Landov

Originally published on Thu January 3, 2013 6:46 am

Update at 8:40 a.m. ET. Jobless Claims Went Up; So Two Out Of Three Reports Were Positive:

There were 372,000 first-time claims for unemployment insurance last week, up by 10,000 from the week before, the Employment and Training Administration says. What's more, that previous week's total was revised up from the previous estimate of 350,000.

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It's All Politics
4:45 am
Thu January 3, 2013

Was Boehner's Fiscal Cliff End Run Past GOP The New Normal?

House Speaker John Boehner, R-Ohio (right), and Majority Leader Eric Cantor, R-Va., enter a Republican caucus meeting at the U.S. Capitol on Tuesday.
Jacquelyn Martin AP

By letting the House take up the Senate's fiscal cliff-dodging legislation that raises income tax rates on the wealthiest earners, Speaker John Boehner answered affirmatively a question that had been on many minds: Would he allow an up-or-down floor vote on a bill opposed by most fellow House Republicans?

Until the New Year's Day vote, Boehner had generally operated the House under what was known as the Hastert Rule. Named for former Speaker Dennis Hastert, it required a "majority of the majority" to support legislation before the speaker approved a floor vote.

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Around the Nation
4:27 am
Thu January 3, 2013

Mackinac Island Worries About Preserving Main St.

Originally published on Thu January 3, 2013 4:47 am

Michigan's Mackinac Island was fought over by France, England and the United States. The 200-year-old city in northern Lake Huron is a popular tourist destination. But the demolition of old buildings has raised a fierce debate about how to hold onto the past while profiting from it.

Television
3:30 am
Thu January 3, 2013

Al Gore's Current TV Sold To Al Jazeera

Originally published on Thu January 3, 2013 4:49 am

The acquisition gives Al Jazeera, which is financed by the Qatari government, access to an American TV audience. The new channel, Al Jazeera America, will be based in New York. Current TV was founded in 2004 by former Vice President Al Gore.

Business
3:30 am
Thu January 3, 2013

Business News

Originally published on Thu January 3, 2013 5:28 am

The credit-ratings agency Moody's said this weeks' deficit reduction deal did not produce "meaningful improvement" to the issue at hand. That issue: the debt burden and economic output. Moody's warned that if improvements were not made, the agency could downgrade the U.S. credit rating.

Around the Nation
3:30 am
Thu January 3, 2013

Wind Power Changes Landscape In Multiple Ways

Originally published on Thu January 3, 2013 5:22 am

The "fiscal cliff" deal leaves in place tax subsidies for the wind power industry for at least one more year. Windmills have dramatically changed the picture of the Midwest. Wind has also changed the landscape economically and politically.

Business
3:30 am
Thu January 3, 2013

Skirmishes Over Taxes, Spending Are Ahead

Originally published on Thu January 3, 2013 4:54 am

David Greene talks to Wall David Wessel, economics editor of The Wall Street Journal, about what the "fiscal cliff" deal did not accomplish, and what fiscal tasks face the new Congress.

Around the Nation
3:30 am
Thu January 3, 2013

Farmers Frustrated By Farm Bill Extension

Originally published on Thu January 3, 2013 5:09 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene.

Farmers and ranchers across this country expected to start the year with a new farm bill in place. This is an important piece of legislation to many people. It sets agricultural policy for the next five years.

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NPR Story
3:27 am
Thu January 3, 2013

The Last Word In Business

Originally published on Thu January 3, 2013 5:35 am

Transcript

DAVID GREENE, HOST:

And that brings us to today's last word in business: melty money.

The Bank of Canada released new hundred dollar bills in 2011. The high-tech bank notes are made of polymers. They're sort of like plastic bills. The goal was to make them indestructible. They were put through a lot of tests. They were put through the wash, frozen, boiled. But some Canadians who have their hands on the money say the plastic bills melt when subjected to extreme heat.

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Economy
2:59 am
Thu January 3, 2013

What Is A Good Unemployment Number, Really?

Originally published on Thu January 3, 2013 4:50 am

On Friday, new unemployment numbers will be released for December. In last month's report, the unemployment rate dropped to 7.7 percent, a four-year low. For a preview of the labor market prospects for the new year, Steve Inskeep talks to Nariman Behravesh, chief economist at IHS Global Insight, an international consulting firm.

Business
3:29 pm
Wed January 2, 2013

Avis And Zipcar Partnership Could Reshape Rental Business

Originally published on Wed January 2, 2013 5:51 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, it's ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

I'm Robert Siegel. And here's a case of an old business colossus buying up a scrappy innovator. Avis, the traditional car rental company, is buying Zipcar for $500 million. Zipcar is the car-sharing company with the slogan: Wheels when you want them. NPR's Jim Zarroli reports the deal illustrates how car sharing is reshaping the rental business and drawing in a new demographic.

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All Tech Considered
3:28 pm
Wed January 2, 2013

Tech Idea List: 5 Nerds To Watch In 2013

Gina Bianchini speaks during a conference in Palm Desert, Calif., in 2010. She is founder of Mightybell, a company she hopes will unlock social media's power by helping small groups organize easily and quickly in the real world.
Francis Specker Landov

Originally published on Thu January 3, 2013 10:32 am

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Business
3:26 pm
Wed January 2, 2013

Some Frustrated After Congress Kicks The Can On Debt Ceiling, Spending Cuts

Originally published on Wed January 2, 2013 5:51 pm

Throughout the fiscal cliff drama, business leaders pressed Washington for a deal. But the limited nature of the bill that passed is unlikely to make many business leaders happy.

It's All Politics
11:30 am
Wed January 2, 2013

'Rum Cliff' And Other Close Shaves In The Tax, Spending Deal

The 'rum tax' is extended.
istock

Originally published on Wed January 2, 2013 1:12 pm

You might have thought the intense partisan negotiations over the so-called fiscal cliff were all about who wins and who loses when it comes to taxes and government programs.

And that assessment would be essentially correct — but some of the winners might strike you as a bit odd.

Tucked away in the bill's obscure cul-de-sacs are a bevy of obscure tax and spending provisions. We picked five for your perusal. Here goes:

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Economy
11:28 am
Wed January 2, 2013

Economists See (OK-ish) Growth In 2013

Farmer Randy Dreher unloads corn from his combine during harvest north of Audubon, Iowa. Farm exports are booming and high global prices are helping growers despite the U.S. drought.
Gary Fandel/Iowa Farm Bureau AP

Originally published on Thu January 3, 2013 7:07 am

Suddenly, the new year is looking a bit brighter — at least in the eyes of most economists and investors.

On Day 1 of 2013, Congress voted to veer away from the "fiscal cliff" by passing a package of provisions that avoided broad tax hikes and big spending cuts. And on Day 2, stock prices shot up.

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The Two-Way
9:18 am
Wed January 2, 2013

Financial Markets Cheer 'Fiscal Cliff' News

Looking up: Traders on the floor of the New York Stock Exchange earlier today.
Spencer Platt Getty Images

Originally published on Wed January 2, 2013 3:08 pm

Though more big battles lie ahead in Washington, Wall Street is following the lead of financial markets around the world in giving a thumbs-up to the deal that kept the federal government from going completely over the so-called fiscal cliff.

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Business
4:29 am
Wed January 2, 2013

Immigrant Investor Program Succeeds In Vermont

Originally published on Wed January 2, 2013 11:46 am

A development project in a remote area of northeast Vermont is one of the largest in the country to bring in funds using the federal EB-5 immigrant investor program. It allows qualified foreigners who invest $500,000, and create at least 10 American jobs, to get green cards.

Business
4:29 am
Wed January 2, 2013

The Last Word In Business

Originally published on Wed January 2, 2013 9:16 am

Transcript

DAVID GREENE, HOST:

And our last word in business might make you hungry. It's crispity, crunchity Butterfinger, as in the peanut butter and chocolate candy bar, which designated the year 2013 as its 90-ish birthday.

STEVE INSKEEP, HOST:

That's 90-ish because, while there is a trademark document that dates back to 1928, the company believes the candy bar was first promoted in 1923. So, you know, 85, 90, 90-ish is what the people at Nestle settled on as Butterfinger's official age.

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Around the Nation
4:29 am
Wed January 2, 2013

FTC Offers $50,000 Reward To Help Stop Robocalls

The Federal Trade Commission will award $50,000 to an individual or small company that comes up with the best solution for blocking illegal robocalls.
iStockphoto.com

Originally published on Wed January 2, 2013 11:53 am

Unwanted telemarketing calls, trademarked for interrupting dinners across the nation, have become such a nuisance over the years that the Federal Trade Commission is calling for help to stop the illegal robocalls.

The agency receives more than 200,000 complaints a month about the prerecorded messages, which offer everything from credit cards to new medications.

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Business
4:29 am
Wed January 2, 2013

Business News

Originally published on Wed January 2, 2013 9:16 am

Transcript

DAVID GREENE, HOST:

Let's begin NPR's business news with some fiscal deal details.

(SOUNDBITE OF MUSIC)

GREENE: You might remember over the holiday season, we delved into some of the tax credit lawmakers were considering changing as part of a deal to avoid the fiscal cliff. We called it our 12 Days of Deductions.

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Around the Nation
4:29 am
Wed January 2, 2013

Oil Drilling Rig Runs Aground In Alaska

Originally published on Wed January 2, 2013 9:16 am

Transcript

DAVID GREENE, HOST:

Let's turn now to a developing story in Alaska. A crew is trying to get aboard a massive oil drilling rig that ran aground in the Gulf of Alaska. Workers have already been evacuated and there is no risk of an oil spill here, but the rig is carrying thousands of gallons of diesel fuel. The rig is a key component of Shell Oil's controversial efforts to explore for oil in the Arctic Ocean, and joining us now with the latest on the situation in Alaska is NPR science correspondent Richard Harris.

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Politics
4:29 am
Wed January 2, 2013

House Approves 'Fiscal Cliff' Measure

Originally published on Wed January 2, 2013 9:16 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene.

Congress can at least say it started the new year without blowing up the economy. The House approved a plan that eliminates scheduled higher taxes for most Americans and puts off spending cuts for now. President Obama praised its passage last night.

(SOUNDBITE OF SPEECH)

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NPR Story
4:09 am
Wed January 2, 2013

What Was Left Out Of 'Fiscal Cliff' Compromise?

Originally published on Wed January 2, 2013 9:16 am

Transcript

DAVID GREENE, HOST:

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

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

Let's talk about everything that was left out of the fiscal cliff compromise approved by Congress yesterday. The measure does raise taxes for the wealthy and preserve tax cuts for others, and extend unemployment insurance again, among other things. But it left a huge amount of fighting for the New Year.

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The Two-Way
3:51 pm
Tue January 1, 2013

Inside The Fiscal Cliff Budget Compromise Bill: Tax Cuts and Tax Hikes

Originally published on Wed January 2, 2013 4:44 am

The budget compromise bill that is meant to allow the U.S. government to avoid higher tax rates and austere budget cuts has tax rates as its central issue, with discussions about more spending cuts, and the federal debt limit, put off until the coming weeks.

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The Two-Way
6:45 am
Tue January 1, 2013

House Passes Fiscal Cliff Deal

President Barack Obama and Vice President Joe Biden make a statement regarding the passage of the fiscal cliff bill in the Brady Press Briefing Room at the White House late Tuesday evening.
Charles Dharapak AP

Originally published on Wed January 2, 2013 2:23 am

The House of Representatives voted 257-167 late Tuesday to pass a Senate-approved compromise deal that stops large tax increases for 99 percent of Americans, and delays massive spending cuts for two months.

The bill now goes to President Obama, who is expected to sign it into law.

NPR's S.V. Date is reporting on the deal for our Newscast unit. Here's what he says:

"The eventual deal was hammered out by Senate Republican Leader Mitch McConnell and Vice President Joe Biden. It passed the Senate with overwhelming, bipartisan support.

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Health Care
4:50 am
Tue January 1, 2013

Hobby Lobby Plans To Defy Health Care Mandate

Originally published on Tue January 1, 2013 7:44 am

Transcript

STEVE INSKEEP, HOST:

This New Year could mean a new cost for the craft store chain Hobby Lobby. The federal health care law requires employee insurance plans to cover emergency contraceptives. Hobby Lobby's owners did not want to do that. They say drugs commonly known by names like the morning-after pill are tantamount to abortion.

Now, the Supreme Court has turned aside Hobby Lobby's request to block the mandate. So, starting today, the company could be fined as much as $1.3 million per day for defying the law.

(SOUNDBITE OF MUSIC)

Politics
3:12 am
Tue January 1, 2013

Senate Ushers In New Year With 'Fiscal Cliff' Deal

Originally published on Tue January 1, 2013 7:44 am

Transcript

STEVE INSKEEP, HOST:

On the first morning of 2013, it's MORNING EDITION from NPR News. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene.

The party went until the morning hours here in Washington. We're talking about the gathering on Capitol Hill. Senators were voting around 2:00 a.m. Eastern Time.

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