Business

Sports
2:48 am
Wed December 5, 2012

Talks Resume In Nation Hockey League Dispute

Originally published on Wed December 5, 2012 7:09 am

Transcript

RENEE MONTAGNE, HOST:

Professional hockey is getting close to the moment when it will have to cancel its entire season for the second time in eight years. So far, a lockout that began last September has forced games to be cancelled through the middle of December. The two sides in the National Hockey League labor dispute are expected to meet again today, after nearly 10 hours of talks yesterday.

NPR's Tom Goldman has more.

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Business
2:48 am
Wed December 5, 2012

Business News

Originally published on Wed December 5, 2012 7:09 am

Transcript

DAVID GREENE, HOST:

We begin NPR's business news today with a Facebook status update.

Facebook will join the Nasdaq 100 Index next week. It's replacing Indian tech company Infosys. It used to be that companies had to be listed on the Nasdaq for two years before they could become part of this elite index. Facebook only had to wait three months, thanks to some rule changes Nasdaq made back when the social network decided to go public. Transcript provided by NPR, Copyright National Public Radio.

Politics
2:48 am
Wed December 5, 2012

Taxes Are A Stumbling Block To Fiscal Cliff Talks

Originally published on Wed December 5, 2012 7:09 am

Transcript

DAVID GREENE, HOST:

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

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

Americans are not optimistic that leaders here in Washington will strike a budget deal in time to avoid automatic tax increases and spending cuts. A new poll by the Pew Research Center found nearly half the country expects the budget stalemate to drag on.

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Asia
2:42 am
Wed December 5, 2012

India May Ease Restrictions On Retail Sector

Indian leftist activists rally in front of a Best Price store, owned by Wal-Mart and its Indian partner, Bharti, in Hyderabad in November. The rally was organized to protest foreign direct investment in India's retail sector.
Noah Seelam AFP/Getty Images

Originally published on Wed December 5, 2012 10:36 am

Wal-Mart has long stirred controversy as it has moved into American towns, and many small businesses found they were unable to compete. Now the fight has come to India, where Parliament has been hotly debating whether to ease restrictions on direct foreign investment by such giant retailers.

India's lower house of Parliament handed the country's fragile coalition government a victory Wednesday by endorsing a plan by Prime Minister Manmohan Singh's governing coalition to allow foreign supermarkets to operate in Asia's third-largest economy. The debate now goes to the upper house.

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NPR Story
2:42 am
Wed December 5, 2012

Cooper Union Students Protest Threat To Free Tuition

Originally published on Wed December 5, 2012 7:09 am

Transcript

RENEE MONTAGNE, HOST:

And a student occupation is entering its third day in New York City. It's happening at Cooper Union. The school of art, architecture and engineering is famous for not charging undergraduates tuition.

As NPR's Joel Rose reports, student protesters are unhappy about what they see as threats to that tradition.

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The Salt
12:36 am
Wed December 5, 2012

Milk Producers Peer Over The Dairy Cliff

Dairy farmer Bob Andrews feeds heifers in the same barn his grandfather used. He says today "the harder you work, the further you get behind."
David Sommerstein NCPR

Originally published on Wed December 5, 2012 7:09 am

There's more than one cliff drawing controversy this month. The federal farm bill is one of many items caught in congressional gridlock. The bill resets U.S. agriculture policy every four years, and most farmers are still covered by crop insurance and other programs until next planting season. But there's one exception: dairy.

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Business
3:28 pm
Tue December 4, 2012

Pilots At Bankrupt American Airlines Push For Merger

Originally published on Tue December 4, 2012 4:50 pm

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish. American Airlines has been in bankruptcy for more than a year and looks like it will be there a while longer. The airline has asked a judge in New York for yet another extension to file its restructuring plan. Executives are hoping American can remain a standalone carrier. The company's unions, on the other hand, say they've had it and they want the company to merge with U.S. Airways.

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Business
3:28 pm
Tue December 4, 2012

Menards Can't Hire Enough Hands In Booming N.D.

Originally published on Tue December 4, 2012 4:50 pm

Transcript

MELISSA BLOCK, HOST:

North Dakota has the lowest unemployment rate in the country, fueled by a booming oil economy. In fact, it's been so hard to find workers in Minot, North Dakota, in the north central part of the state, that one big box store is flying them in from Wisconsin. Dan Feldner of the Minot Daily News joins me to talk about it. And Dan, we're talking about the home improvement retailer Menards. The headquarters is in Au Claire, Wisconsin.

How many workers are they going to be flying in?

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NPR Story
3:20 pm
Tue December 4, 2012

AAA Says New Ethanol-Gas Blend Could Hurt Cars

Justin Sullivan Getty Images

Originally published on Tue December 4, 2012 4:50 pm

AAA has warned against potential damage that a new blend of gasoline could do to some engines. And the warning has started a fight over renewable fuels and the future of what we put in our gas tanks.

The fuel is called E15 — named for the percentage of ethanol in the blend. Most of the gas that's sold in the U.S. has about 10 percent ethanol in it.

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Business
2:22 pm
Tue December 4, 2012

Netflix Gets Disney Movies Ahead Of Pay TV Channels

A promotional image for the Netflix Just for Kids portal. The new deal announced with Disney is the first time that one of Hollywood's major studios has sold the coveted rights to Netflix Inc. instead of a premium TV network.
Netflix

Netflix's video subscription service has trumped pay-TV channels and grabbed the rights to show Disney movies shortly after they finish their runs in theaters.

The multiyear licensing agreement announced Tuesday represents a breakthrough for Netflix as it tries to add more recent movies to a popular service that streams video over high-speed Internet connections.

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Politics
12:09 pm
Tue December 4, 2012

To Fix The Debt, Compromise Is Key

Originally published on Wed December 5, 2012 12:58 pm

Transcript

NEAL CONAN, HOST:

This is TALK OF THE NATION. I'm Neal Conan in Washington. Later in the program, exit interviews with Senator Joseph Lieberman and Congressman Ron Paul as they leave Congress after many years. But first we continue our Opinion Page series on the fiscal cliff.

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Money Coach
9:41 am
Tue December 4, 2012

Small Businesses: "Show Me The Credit"

Originally published on Wed December 5, 2012 10:33 am

Transcript

MICHEL MARTIN, HOST:

And now to matters of personal finance. We all remember the financial crisis the country faced four years ago. The numbers suggest that the economy is improving slowly but surely. Interest rates are at near record lows, but our next guest says - and this is something you might have experienced yourself - a lot of people are still having a difficult time getting access to credit, especially small-business owners and home owners with less than perfect credit.

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Education
6:32 am
Tue December 4, 2012

Online Courses Force Changes To Higher Education

Transcript

DAVID GREENE, HOST:

There is a lot of speculation now about what issues - big and small - the Obama administration should tackle in its second term. Education is one thing on many of those lists, and in Washington yesterday, the talk was about one of the hottest trends in the field - something called MOOCS. MOOCS is short for Massive Open Online Courses; college courses, to be exact.

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Business
4:55 am
Tue December 4, 2012

Pandora To Issue Earnings Report

Originally published on Tue December 4, 2012 11:14 am

Internet radio service Pandora is being closely watched by investors. The company is set to announce its latest quarterly earnings Tuesday. Last week, the head of Pandora was in Washington to push for lower music royalties.

Media
4:55 am
Tue December 4, 2012

Murdoch's News Corp. Announces Changes

Originally published on Tue December 4, 2012 6:23 am

Transcript

DAVID GREENE, HOST:

News Corp chairman and CEO Rupert Murdoch, yesterday, revealed the details of his plan to split his media and entertainment conglomerate. One side will include the newspapers and publishing house. The other will contain its profitable television properties and movie studios. As NPR's David Folkenflik reports, Murdoch is trying to appease shareholders, and at the same time, save the newspapers that propelled his initial fortune.

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Business
4:55 am
Tue December 4, 2012

Feds Sue Chinese Audit Firms

Transcript

DAVID GREENE, HOST:

NPR's business news starts with questions for Chinese regulators.

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

The United States has accused five Chinese auditing firms of violating U.S. securities laws. A lawsuit says the auditors are refusing to turn over documents tied to companies that the U.S. wants to investigate.

NPR's Jim Zarroli has the story.

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Economy
4:55 am
Tue December 4, 2012

White House Rejects GOP's Counteroffer

Transcript

RENEE MONTAGNE, HOST:

Let's talk about that new offer now. The proposal from House Republicans includes a combination of revenue raising and spending cuts. What it doesn't include is any rise in tax rates.

To help us dig into this offer and what it means for the state of negotiations, we're joined by NPR congressional reporter Tamara Keith.

Good morning.

TAMARA KEITH, BYLINE: Good morning, Renee.

MONTAGNE: House Republicans are billing this as a bold counter-offer. Why are they calling it bold?

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Business
4:55 am
Tue December 4, 2012

Fleetwood Mac To Tour Next Year

Originally published on Tue December 4, 2012 11:15 am

Transcript

DAVID GREENE, HOST:

And our last word in business today, some rumors confirmed. After a three-year break, Fleetwood Mac will be touring again next year. The band has announced a 34-city tour which will kick off in Columbus, Ohio in the spring.

RENEE MONTAGNE, HOST:

This year marks the 35th anniversary of the release of "Rumors," hits including, "Dreams" and "Go Your Own Way" were on that album.

GREENE: And, I guess when you're Fleetwood Mac, you don't need a new album to prompt a tour. The band's last studio release came out back in 2003.

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Your Money
2:07 am
Tue December 4, 2012

What's Next For The Daily Deal Business Model?

Despite their recent woes, "daily deal" companies Groupon and Living Social can be profitable, says analyst Arvind Bhatia.
NPR

Originally published on Tue December 4, 2012 6:22 am

Are the days of "daily deal" coupons about to expire? Shares of email coupon company Groupon are down nearly 80 percent since going public last year. And its smaller rival, Living Social, plans to lay off as many as 400 employees, after reporting a net loss of more than $560 million in the third quarter.

Those struggles have raised questions about the future of the daily deal strategy, and whether a company like Groupon can stay in business.

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Shots - Health News
1:50 am
Tue December 4, 2012

The (Huge And Rarely Discussed) Health Insurance Tax Break

The largest tax break in the federal code doesn't appear on the forms the average person fills out each year.
iStockphoto.com

Originally published on Wed December 5, 2012 7:56 am

What's the largest tax break in the federal tax code?

If you said the mortgage interest deduction, you'd be wrong. The break for charitable giving? Nope. How about capital gains, or state and local taxes? No, and no.

Believe it or not, dollar for dollar, the most tax revenue the federal government forgoes every year is from not taxing the value of health insurance that employers provide their workers.

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The Salt
3:15 pm
Mon December 3, 2012

Can Big Food Kick Its Obesity Habit? Does It Really Want To?

A sign protesting a beverage tax in Richmond, Calif. The U.S. soft drink industry has fought proposals that would put a tax on sugar sweetened beverages like sodas and energy drinks.
Braden Reddall Reuters /Landov

Originally published on Tue December 4, 2012 11:11 am

A few days ago, two big names in food policy squared off for a formal debate on the following proposition: There is a fundamental and irreconcilable conflict between the food and beverage industry's interests and public health policy interests on obesity.

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Media
2:27 pm
Mon December 3, 2012

Murdoch Splits Media Empire Into Two Companies

Originally published on Mon December 3, 2012 4:08 pm

News Corp announced on Monday that it's making some changes to its management and structure. The company has decided to end The Daily, its tablet-exclusive newspaper. They have also named the management team for its split off newspaper division. David Folkenflik talks to Audie Cornish.

Business
2:25 pm
Mon December 3, 2012

Ford To Try Bringing Luxury Back To Lincoln

Originally published on Mon December 3, 2012 4:08 pm

Ford Motor Company is changing the name of it Lincoln brand to the Lincoln Motor Company. Ford is also planning to sell the hybrid version of their flagship sedan, the new MKZ, for the same price as the gasoline version.

The Two-Way
7:20 am
Mon December 3, 2012

Murdoch's News Corp. Shuts Down 'The Daily'

News Corp. CEO Rupert Murdoch in February 2011, when The Daily was launched. Now, it's in shutdown mode.
Spencer Platt Getty Images

Originally published on Mon December 3, 2012 8:01 am

Saying that "we could not find a large enough audience quickly enough to convince us the business model was sustainable in the long-term," News Corp. CEO Rupert Murdoch said this morning that The Daily will "cease standalone publication" on Dec. 15.

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Business
2:57 am
Mon December 3, 2012

The Last Word In Business

Originally published on Mon December 3, 2012 5:11 am

Transcript

DAVID GREENE, HOST:

Well, the subject of our last word in business today may not change the world, but it is kind of snazzy. It is called the Air Umbrella. Now, picture an umbrella handle and nothing else, sort of like a wand.

RENEE MONTAGNE, HOST:

Yeah. We are entering a magic world, here. That wand apparently keeps you dry by releasing a shield of air. The tech website Mashable says it's still a design concept, but in theory, you could adjust the power and size of your invisible air shield depending on how heavily it's raining.

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Business
2:57 am
Mon December 3, 2012

Business News

Originally published on Mon December 3, 2012 5:04 am

Transcript

DAVID GREENE, HOST:

NPR business news starts with a deal up in the air.

Around the Nation
2:57 am
Mon December 3, 2012

Dallas Residents Weigh In On Fiscal Cliff Talks

Originally published on Mon December 3, 2012 11:30 am

The battle over the looming spending cuts and tax increases known as the "fiscal cliff" begins this week where it ended last week — deadlocked. While there is no agreement on how lawmakers should work out the details of a compromise, there is widespread consensus that a deal must get done for the good of the country.

It's All Politics
1:26 am
Mon December 3, 2012

Pick A Number: Let's Play 'Cap Those Deductions'

In the presidential debate on Oct. 16, Mitt Romney presented a hypothetical way to cap deductions and raise revenue.
Spencer Platt Getty Images

Originally published on Mon December 3, 2012 6:35 am

Treasury Secretary Timothy Geithner says it's up to congressional Republicans to take the next step in budget talks to avoid the pending automatic spending cuts and tax increases at the end of the year.

Appearing on the Sunday talk shows, Geithner said there's "no path to an agreement" until Republicans are willing to accept higher tax rates on the rich.

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All Tech Considered
1:24 am
Mon December 3, 2012

In Eye Control, A Promise To Let Your Tablet Go Hands-Free

In an image from an Eye Tribe video, a man uses his eyes to play the Fruit Ninja game, slicing fruit in half as it appears on the screen.
The Eye Tribe

Originally published on Mon December 3, 2012 2:57 am

Forget touch screens and voice recognition — what if you could control your computer just by looking at it? Gaze-based interaction has been around for 20 years, used mainly by people with disabilities. But the technology could be available to the masses soon, allowing users to move a cursor with their eyes, or turn the pages of an e-book without lifting a finger.

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All Tech Considered
1:22 am
Mon December 3, 2012

The Next Workplace? Behind The Wheel

The 2013 Bentley Mulsanne features drop-down iPad workstations. More cars are being outfitted to operate as mobile offices.
Bentley Motors

Originally published on Mon December 3, 2012 2:57 am

Brad Hines is a building contractor in Los Angeles who spends a good eight hours a day in his 2008 Dodge Ram. He talked to us from his truck — hands-free, of course.

"I do everything in my truck. I drive from job site to job site. I take calls. I try to get on the computer and clean up daily reports. I answer emails on my phone. I use my truck as a mobile office," Hines says.

The idea of the mobile office is far from new — Willy Loman; the Avon Lady; plumbers; electricians. Now, technology is taking the idea of working from the road to a whole new level.

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