Business

Europe
1:18 am
Fri October 5, 2012

Not Everyone In Spain Eager To Wager On EuroVegas

Spaniards protest the construction of the EuroVegas gambling complex at Puerta del Sol in Madrid last month.
Gustavo Cuevas EPA/Landov

Originally published on Fri October 5, 2012 2:03 pm

American billionaire, casino mogul and Republican donor Sheldon Adelson has a new project: a $35 billion gambling megacity in Europe. He has chosen debt-ridden Spain as the location for "EuroVegas," which is expected to bring up to 250,000 much-needed jobs.

But many Spaniards are divided over whether they want casinos in their backyard.

Read more
The Salt
1:15 am
Fri October 5, 2012

In Haiti, Aid Groups Squabble Over Rival Peanut Butter Factories

Alex E. Proimos Flickr.com

Originally published on Fri October 5, 2012 2:00 pm

Can there be too much life-saving peanut butter?

In Haiti, two different humanitarian groups have built new factories to make this product, which is used to treat severe malnutrition and maybe someday prevent it. The problem is, Haiti doesn't appear to need two of them. Each factory, all by itself, could satisfy Haiti's current demand.

Read more
The Two-Way
12:07 pm
Thu October 4, 2012

Friday's Jobs Report Is Campaign's Next Key Moment, Here's What To Expect

The welcome sign at a job fair earlier this year in Washington, D.C.
Chip Somodevilla Getty Images

Originally published on Thu October 4, 2012 12:16 pm

With the first presidential debate now behind us, what's the next big item on the campaign calendar?

It's Friday's 8:30 a.m. ET release from the Bureau of Labor Statistics about the September unemployment rate and how many jobs were added to payrolls last month.

Read more
The Two-Way
11:41 am
Thu October 4, 2012

Google, Publishers Reach Deal On Book Scanning

Originally published on Thu October 4, 2012 11:54 am

Google and a group of book publishers have settled a seven-year-old dispute that would allow the search giant to continue in its quest to digitize all the world's books.

This is only a step in that direction because Google still has an outstanding lawsuit with authors.

The New York Times explains:

Read more
The Salt
11:25 am
Thu October 4, 2012

The Cost Of Saving Lives With Local Peanuts In Haiti

Alex E. Proimos flickr

Originally published on Fri October 5, 2012 2:05 pm

How much extra would you pay for local food? It's a familiar question. We face it practically every time we shop for groceries, either at the store or at the farmers market. But what about food that can save the lives of severely malnourished children?

Read more
U.S.
10:06 am
Thu October 4, 2012

How 'Star Wars' Seduced Another Generation Of Kids

Ben Blier (left) and his friend Jesse Bleckner hang out in their Yoda T-shirts. On his first day of kindergarten, Ben wore a Yoda T-shirt with "Go to Kindergarten I Must" printed on the front and "Learn Things I Will" on the back.
Courtesy of Nancy Edson

Originally published on Thu October 4, 2012 4:03 pm

Aruna Jayaraman knows where to find lemonade. Her son's friend Alexander sells it out in front of his house every weekend, hoping to earn enough money to buy a $400 Lego Death Star.

Read more
The Two-Way
7:42 am
Thu October 4, 2012

Facebook Hits Major Milestone: 1 Billion Active Users

The Facebook homepage.
Nicholas Kamm AFP/Getty Images

Originally published on Thu October 4, 2012 7:48 am

Facebook hit a major milestone today: The biggest social network in the world now has 1 billion active users each month. That means that one in seven people in the world are Facebook users.

As you might have expected, Facebook CEO Mark Zuckerberg made the announcement on his Facebook account.

The milestone, he said, means Facebook has joined the pantheon of things that help connect humans.

Read more
The Two-Way
6:57 am
Thu October 4, 2012

Jobless Claims Rose Slightly Last Week

Originally published on Thu October 4, 2012 7:39 am

There were 367,000 first-time claims for unemployment benefits last week, an increase of 4,000 from the previous week, the Employment and Training Administration says.

The bottom line: This doesn't mark any significant change in the jobs market, especially considering the "4-week moving average was 375,000, unchanged from the previous week's revised average." That figure is a better measure of labor market trends.

Read more
Business
2:56 am
Thu October 4, 2012

HP CEO Meg Whitman Asks Wall Street For Patience

Originally published on Thu October 4, 2012 8:19 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with rough times at HP.

(SOUNDBITE OF MUSIC)

INSKEEP: Hewlett Packard was once a giant among the tech firms of Silicon Valley and now it is struggling. The company's latest CEO says profits at HP will continue to plummet.

NPR's Steve Henn reports that HP's stock now trading near its lowest price in a decade.

Read more
Business
2:56 am
Thu October 4, 2012

The Last Word In Business

Originally published on Thu October 4, 2012 8:19 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business concerns another unlikely franchise, "Jersey Shore."

UNIDENTIFIED GROUP: I love "Jersey Shore."

UNIDENTIFIED WOMAN: I love Guido.

(SOUNDBITE OF TV SHOW, "JERSEY SHORE")

PAUL DELVECCHIO: There's no way I'm going to Jersey without my hair jell.

RENEE MONTAGNE, HOST:

Read more
Asia
1:47 am
Thu October 4, 2012

Faltering Economy Threatens Pakistan's Stability

A demonstrator reacts after Pakistani policemen fire tear gas during a protest against power cuts in Karachi in June. Pakistan suffers from a massive energy crisis, one of several factors contributing to the country's severe economic troubles.
Rizwan Tabassum AFP/Getty Images

Originally published on Thu October 4, 2012 8:19 am

If you want to gain a good insight into Pakistan's economic situation, just look at a few of the country's newspaper headlines on any given day. The language says it all: prices soar, stocks plunge, budget deficit swells, foreign investment evaporates — and the list goes on.

Now, analysts are increasingly worried that the faltering economy could join Pakistan's pervasive insurgency and repeated political upheavals as another serious threat to the country's stability.

Read more
The Salt
1:42 am
Thu October 4, 2012

Despite Greek Economy, Athens Cupcake Business Thrives

Nicole Kotovos arranges cupcakes in the case at her store in Athens.
Jim Zarroli NPR

Originally published on Thu October 4, 2012 8:19 am

Nicole Kotovos was searching for a way to start a new life when the idea struck her: She would go to her ancestral homeland of Greece and open an American-style bakery cafe. She would bring the cupcake fad to Athens.

What she didn't figure on was the historic downturn in the Greek economy.

The former New York TV producer arrived in 2008, just as the country's debt-mired economy was falling into a deep recession it still hasn't emerged from.

Read more
The Salt
3:40 pm
Wed October 3, 2012

Capturing Summer's Harvest, One DIY Wine Bottle At A Time

Customers at a Hartford produce market, choosing grapes to turn into homemade wine.
Jeff Cohen NPR

Originally published on Wed October 3, 2012 4:40 pm

If buying a local wine just isn't local enough for you, then you might consider joining the growing ranks of people making homemade wine this fall.

Some home winemakers make wine with friends for fun, some make wine with family for tradition; some make it "old school," adding nothing, and drink it by Christmas; others do it "new school," adding preservatives, and wait a year or more to bottle.

Read more
The Salt
10:03 am
Wed October 3, 2012

Freshwater Shrimp: Still Not A Midwestern Cash Crop

A patron enjoys the offerings at this year's Ohio Fish and Shrimp Festival.
Maureen Langlois NPR

Originally published on Wed October 3, 2012 4:07 pm

It's harvest time in the heartland, but not just for apples and squash. In small, back-lot ponds on farms across the Midwest, a different crop has been growing all summer. They're substantial, slightly sweet and a revelation to the land-locked palate, not to mention worth top dollar. Yep, it's shrimp season in Ohio.

But don't ask for any Midwestern shrimp at your local fishmonger. There aren't enough yet to make it to the store.

Read more
Election 2012
5:35 am
Wed October 3, 2012

Before The Debate, Brush Up On Buzzwords

The General Motors headquarters in Detroit. The U.S. government bailout of GM and Chrysler has been a key economic issue in the presidential campaign.
Carlos Osorio AP

Originally published on Wed October 3, 2012 6:56 am

In their first debate Wednesday night, the two presidential candidates will explain their plans for fixing the U.S. economy.

Good luck.

The problems are complicated and long-standing, so the solutions may not be easy to spell out in the two minutes allowed for each answer under the debate rules.

But President Obama, the Democratic incumbent, and former Gov. Mitt Romney, his Republican challenger, will try, and about 60 million people are expected to tune in. This first debate will focus on domestic issues, with the economy topping the list of homefront problems.

Read more
Planet Money
4:14 am
Wed October 3, 2012

Why New York Is A Hub In The Global Trinket Trade

Lam Thuy Vo NPR

Originally published on Thu October 4, 2012 9:07 am

For more on the junk economy, see this slideshow.

There's a neighborhood in New York City that has always been a mystery to us. Smack dab in the middle of Manhattan, around 29th street, is the wholesale district. There you can find rows of narrow storefronts packed to the ceiling with trinkets. Racks and racks of fake gold chains. Acres of souvenir lighters and walls of belt buckles. Plastic, plastic, plastic toys.

Read more
Business
2:20 am
Wed October 3, 2012

Homeowners Facing Foreclosure Get New Protections

Originally published on Wed October 3, 2012 8:14 am

Transcript

RENEE MONTAGNE, HOST:

Read more
Business
2:20 am
Wed October 3, 2012

Business News

Originally published on Wed October 3, 2012 8:14 am

Transcript

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

NPR's business news starts with good news for automakers.

U.S. auto sales last month were the best they've been in four and a half years. That's according to numbers compiled by the research firm Auto Data. Experts give credit the boost in sales to cheap financing for car loans and growing consumer confidence. Transcript provided by NPR, Copyright NPR.

Business
2:20 am
Wed October 3, 2012

The Last Word In Business

Originally published on Wed October 3, 2012 8:14 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: unidentified.

Apple has been much criticized for new iPhone software. It erases the Google Maps function that a lot of people like and replaces it with Apple's own maps of the world, which have been criticized for leaving out seemingly vital information - like roads, entire towns, things that were on the map when Apple still used Google.

RENEE MONTAGNE, HOST:

Read more
Business
2:20 am
Wed October 3, 2012

Wal-Mart's Female Employees File Suit In Tennessee

Originally published on Wed October 3, 2012 8:14 am

Transcript

STEVE INSKEEP, HOST:

Some other news. Women who work for Wal-Mart - the world's largest retail chain - continue to make claims they get paid less and are not promoted as often as men. Current and former Wal-Mart employees have now filed a court case in Tennessee.

As Blake Farmer of member station WPLN reports.

BLAKE FARMER, BYLINE: Three women are named. Attorney Scott Tift says each has a first-hand account of discrimination.

Read more
Business
2:20 am
Wed October 3, 2012

Iran's Currency Drops Sharply In Value

Originally published on Wed October 3, 2012 3:59 pm

Transcript

STEVE INSKEEP, HOST:

We're following up this morning on the collapse of Iran's rial, it's currency which is leading to major developments today. Over the past week, Iran's currency has lost about 40 percent of its value or more, falling to an all-time low against the U.S. dollar, this as a result of U.S. and other sanctions against Iran. And that has led to protests and violence in the streets of Tehran today.

We're going to catch up now with Thomas Erdbrink. He's Tehran bureau chief for the New York Times. Welcome back to the program.

Read more
All Tech Considered
1:35 am
Wed October 3, 2012

Calif. Greenlights Self-Driving Cars, But Legal Kinks Linger

California Gov. Jerry Brown (front left) rides in a driverless car to a bill signing at Google headquarters in Mountain View, Calif., on Sept. 25.
Eric Risberg AP

Originally published on Wed October 3, 2012 3:56 pm

Google's self-driving robotic cars have been on the roads in California for two years, but they have been operating in a legal limbo. These cars were not explicitly forbidden, but laws governing self-driving vehicles didn't exist.

Read more
The Salt
1:25 am
Wed October 3, 2012

In Washington State, Picker Shortage Threatens Apple Boom

Amilia Magno, 23, of Pasco, Wash., carries a heavy load of buckeye gala apples in Broetje Orchards near Prescott, Wash.
Anna King Northwest News Network

Originally published on Wed October 3, 2012 3:57 pm

In western Michigan, there aren't enough apples to pick because bad weather decimated 85 to 90 percent of the crop. But Washington state has the opposite problem — there's an abundance of apples, but not enough pickers.

This should be the happiest, busiest time of year in Washington apple orchards. But now — just as the peak of apple harvest is coming on — Broetje Orchards manager Roger Bairstow is wincing.

Read more
Your Money
9:40 am
Tue October 2, 2012

Can Saving Money Cost Money?

Originally published on Wed October 3, 2012 7:55 am

Transcript

CELESTE HEADLEE, HOST:

I'm Celeste Headlee and this is TELL ME MORE from NPR News. Coming up, style maven Stacy London tells us about the psychology of fashion and what messages you're sending with your choice of clothing. That's in a few minutes.

Read more
The Salt
8:02 am
Tue October 2, 2012

High Food Prices Forecast More Global Riots Ahead, Researchers Say

A Tunisian protester holds a baguette while taking to riot police in January 2011.
Martin Bureau AFP/Getty Images

Originally published on Thu October 11, 2012 8:34 am

When French peasants stormed the Bastille on July 14, 1789, they weren't just revolting against the monarchy's policies. They were also hungry.

From the French Revolution to the Arab Spring, high food prices have been cited as a factor behind mass protest movements. But can food prices actually help predict when social unrest is likely to break out?

Read more
Business
4:44 am
Tue October 2, 2012

Business News

Originally published on Tue October 2, 2012 11:08 am

Transcript

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

NPR's business news starts with Iran's currency plunging.

(SOUNDBITE OF MUSIC)

INSKEEP: Iran's money hit another record low today. Depending on who's trading, a single American dollar in Tehran can now cost around 38,000 Iranian rials.

Western sanctions, intensified this year by the Obama administration, have been wrecking Iran's economy. It's also harder for Iranians to get their hands on dollars, which are vital for international trade.

Read more
Business
4:44 am
Tue October 2, 2012

The Last Word In Business

Originally published on Tue October 2, 2012 11:08 am

Transcript

STEVE INSKEEP, HOST:

And that brings us to today's last word in business, which is Blossom One. Blossom One is not the name of a new car, though it's nearly as expensive as some.

RENEE MONTAGNE, HOST:

It's a coffee-maker, designed by some folks who've worked for the likes of BMW, Tesla Motors and NASA. Coming in at a little over $11,000, the coffee-maker does have the whiff of rocket science about it.

Read more
Business
3:27 am
Tue October 2, 2012

JPMorgan Sued Over Mortgage-Backed Securities

Originally published on Tue October 2, 2012 11:08 am

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION from NPR News. I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Good morning.

Read more
NPR Story
3:24 am
Tue October 2, 2012

2013 Car Models

Originally published on Tue October 2, 2012 11:08 am

Transcript

RENEE MONTAGNE, HOST:

'Tis the season for new car buying. Fall is when automakers roll out their latest models - with new technologies and better fuel efficiency. And to talk about the latest trends, we reached Michelle Krebs in Detroit. She's a senior analyst at the auto information website Edmunds.com.

Good to have you back, Michelle.

MICHELLE KREBS: Glad to be back.

STEVE INSKEEP, HOST:

Read more
NPR Story
3:24 am
Tue October 2, 2012

Retailers Paying More For Fraud-Related Costs

Originally published on Tue October 2, 2012 11:08 am

Transcript

RENEE MONTAGNE, HOST:

And here in the U.S., for retailers, the cost they pay for consumer fraud is going up. Merchants who sell their products using mobile devices or sell internationally are seeing their costs climbing higher still - almost 40 over last year.

NPR's Wendy Kaufman reports.

Read more

Pages