Business

Sports
3:31 am
Mon June 25, 2012

Worried By The Debt Crisis, Soccer Distracts Europe

Originally published on Mon June 25, 2012 11:37 am

Transcript

STEVE INSKEEP, HOST:

You know, if you're weighed down by worry, you find a distraction. That at least is what Europeans are doing amid their economic trouble. They've been turning to their favorite sport - soccer. This weekend saw the last two Euro 2012 quarterfinals. This is a huge competition viewed in Europe, as second only to the World Cup. NPR's Philip Reeves of course has been following the action. He's on the line from London.

Hi, Phil.

PHILIP REEVES, BYLINE: Hi.

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Business
3:13 am
Mon June 25, 2012

Google Expected To Delve Into Tablet Computers

Originally published on Mon June 25, 2012 11:37 am

Transcript

RENEE MONTAGNE, HOST:

Google will host thousands of Android app developers this week at its annual conference. And there are rumors Google will also unveil its own tablet computer to compete with Apple's iPad.

NPR's Steve Henn has more.

STEVE HENN, BYLINE: Last week, Microsoft announced it was getting into the hardware business and unveiled the Surface - its new tablet computer.

Carolina Milanesi, who covers consumer devices at Gartner, says we are seeing a trend.

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NPR Story
3:13 am
Mon June 25, 2012

Georgia To Begin Sales Of Cross-State Health Insurance Policies

Originally published on Tue June 26, 2012 2:57 pm

Transcript

STEVE INSKEEP, HOST:

We're expecting soon to learn Supreme Court decisions on two gigantic cases. One case involves the Arizona immigration law. The federal government has challenged that law as an intrusion into federal authority.

RENEE MONTAGNE, HOST:

Justices are also deciding the constitutionality of President Obama's health care law. The main challenge is to the individual mandate, which after 2014 would require most people to get health insurance or pay a fine.

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Economy
3:13 am
Mon June 25, 2012

European Leaders To Meet To Consider Eurozone Fix

Originally published on Mon June 25, 2012 11:37 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. And I want to let you know that reporters at the Supreme Court are reading and listening to a decision this morning, on Arizona's immigration law. The Court has thrown our parts of the law, but retained the show your papers provision that allows police to stop and frisk suspected illegal immigrants. We'll bring you more as we learn it.

RENEE MONTAGNE, HOST:

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Business
3:13 am
Mon June 25, 2012

Business News

Originally published on Mon June 25, 2012 11:37 am

Transcript

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

NPR's business news starts with good times for bank chiefs.

While the financial world keeps grappling with losses, the industry's leaders have raked in annual pay raises averaging nearly 12 percent. The Financial Times found JPMorgan Chase's CEO Jamie Dimon was among the top earners, with a pay package of more than $23 million last year, an 11 percent increase over the previous year. Transcript provided by NPR, Copyright National Public Radio.

Business
3:13 am
Mon June 25, 2012

The Last Word In Business

Originally published on Mon June 25, 2012 11:37 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business takes a look at what happens when devices make a big hit in the water.

A couple of years ago, I jumped in a pool with my daughter, and we were in that pool quite some time before I realized that my phone had come with me - my late phone.

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Education
3:13 am
Mon June 25, 2012

N.C. School Districts Fight Online Charter School

Originally published on Mon June 25, 2012 11:37 am

Transcript

STEVE INSKEEP, HOST:

A lot of taxpayer money is at stake in this next story. The number of public charter schools is growing. When they attract students, they also attract public funding - and that is also true when the charter school is an online school.

One dominant force in creating online charter schools is a company called K-12. Now, traditional school districts are fighting the company's efforts to set up a virtual academy.

Here's Dave DeWitt of North Carolina Public Radio.

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Business
2:56 pm
Fri June 22, 2012

The Downside To Owning Your Own Island

It's great to have your own private island like this one in the Caribbean, unless there's a hurricane bearing down.
Christian Wheatley iStockphoto.com

Originally published on Fri June 22, 2012 3:41 pm

Who hasn't dreamed of having their own coral-fringed island, lounging on its sandy beach, coconut daiquiri in hand?

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Business
2:03 pm
Fri June 22, 2012

A Week Of Near-Calamities Erodes Confidence

Vanessa Loren shops in Miami. An index of consumer sentiment dropped more than expected in June.
Joe Raedle Getty Images

Originally published on Fri June 22, 2012 2:24 pm

When Moody's downgraded the credit ratings of most major U.S. banks on Thursday, you'd have thought Friday would be a tough day for bank stocks.

But bank stocks ticked up — largely because investors were relieved. They had feared the downgrades would be worse. The Dow Jones industrial average was recovering from Thursday's 250-point drop, the second-worst of the year.

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The Salt
7:53 am
Fri June 22, 2012

Watch McDonald's Make A Supermodel Out Of A Quarter Pounder

The picture perfect Quarter Pounder with Cheese
McDonald's

Originally published on Tue September 25, 2012 9:12 am

If you think supermodels are the only ones who get gussied up and airbrushed during photo shoots, think again. Food companies use stylist magic that can cost big bucks, too, but mere mortals like us rarely get to see how that magic is made.

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Economy
3:13 am
Fri June 22, 2012

Calif. Budget Plan Cuts Programs To Trim Deficit

Originally published on Fri June 22, 2012 5:17 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a budget deal in California.

(SOUNDBITE OF MUSIC)

INSKEEP: This deal comes just days before the start of the new fiscal year. It cuts social programs and it would knock three weeks off of Californian's school year unless voters approve a proposal for new taxes.

Capital Public Radio's Ben Adler reports from Sacramento.

BEN ADLER, BYLINE: The Democrats running this year's California budget process say they have one overarching goal: to bring years of festering shortfalls to an end.

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Business
3:13 am
Fri June 22, 2012

The Last Word In Business

Originally published on Fri June 22, 2012 5:36 am

Product safety regulators announced the recall Thursday after hundreds of people reported explosions in their toilet tanks. The faulty flushing system is made by the brand Flushmate — specifically the Flushmate Three Pressure-Assist Flushing System. It's used by several toilet manufacturers including American Standard and Crane.

Economy
3:13 am
Fri June 22, 2012

Credit Rating Agency Moody's Downgrades 15 Banks

Originally published on Fri June 22, 2012 5:17 am

Fifteen major banks were downgraded Thursday in a reflection of the slowing global economy and volatility in financial markets. In a sweeping move, Moody's cut the credit ratings of some of the world's largest financial institutions, including Bank of America, Goldman Sachs and Citigroup.

Shots - Health Blog
1:04 am
Fri June 22, 2012

Why Many Young Adults Might Lose Coverage If Health Law Falls

Jackson Cahn, who graduated from Whitman College in Walla Walla, Wash., is one of the 3 million young adults the Obama administration says would have risked going without insurance if the health care law hadn't allowed them to stay on their parents' policies. Because of the law, his mother, June Blender, was able to add him to her insurance.
Courtesy of June Blender

Originally published on Thu June 28, 2012 7:39 am

When it comes to health care, even the seemingly easy things become hard.

Take coverage for young adults under the Affordable Care Act.

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All Tech Considered
1:02 am
Fri June 22, 2012

Your New Digital Wallet: In The Cloud But Still Tethered To Fees

David Marcus, president of PayPal, unveils PayPal Here in San Francisco in March. The service allows customers to use their smartphones to pay for purchases at retail stores.
Kim White AP

Originally published on Tue October 16, 2012 2:38 pm

Tech companies from Seattle to Silicon Valley, intent on transforming how we shop, have set their sights on the electronic payments industry.

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All Tech Considered
1:01 am
Fri June 22, 2012

Tesla's New Electric Sedan: Five Passengers, 89 MPG, And No Engine

The new Model S from Tesla has a maximum range of 265 miles with a full charge. The car can also reach 60 miles per hour in 4.4 seconds — a feat the company says may affect overall mileage.
Bill Chappell NPR

Originally published on Fri June 22, 2012 8:46 am

The Tesla electric car company has high hopes for its new Model S, which it calls "the world's first premium electric sedan." The new car, which is being delivered to customers Friday, is priced at around half the cost of the only other Tesla model, the svelte, two-door Roadster.

The new car's sticker price starts around $57,000; a $7,500 federal tax credit drops the starting price just below $50,000. But like its gas-powered cousins, this electric vehicle has so many options available that its price can soar to near $100,000.

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The Salt
3:02 pm
Thu June 21, 2012

Kosher: The Hottest Word On Food Labels

This matzo ball soup may be kosher, but that doesn't necessarily mean it's better for you.
iStockphoto.com

Originally published on Fri June 22, 2012 4:11 am

Grandma's can of matzo ball soup and jar of gefilte fish have never seen such love.

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Politics
2:22 pm
Thu June 21, 2012

Bipartisan Support Boosts Farm Bill Through Senate

Originally published on Thu June 21, 2012 3:19 pm

The massive farm bill cleared the Senate on Thursday, setting up negotiations with the House over changes in a number of programs, including crop insurance and food stamps.

Business
2:22 pm
Thu June 21, 2012

Oracle CEO Purchases Entire Hawaiian Island

Originally published on Thu June 21, 2012 3:19 pm

Oracle CEO Larry Ellison has purchased almost the entire Hawaiian island of Lanai. Melissa Block talks with Mike Wilson, author of a book on Ellison, about the purchase and other eccentric moves by the software magnate.

The Salt
12:14 pm
Thu June 21, 2012

California Dairy Farmers Split Over Milk Payments In Farm Bill

A dairy cow peeks out of its stall at Case van Steyn's dairy in Galt, Calif.
Kathleen Masterson NPR

Originally published on Tue June 26, 2012 3:27 pm

California is known as the land of fruits and nuts, but it also happens to be the country's largest milk-producing state. So it's no surprise that its dairy farmers are front and center in the debate over reforming the milk marketing system, which hasn't really changed much in 30 years.

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Business
9:55 am
Thu June 21, 2012

The Impossible Juggling Act: Motherhood And Work

iStockphoto.com

Originally published on Thu June 21, 2012 10:56 am

For two years, Princeton professor Anne-Marie Slaughter was the director of policy planning at the State Department. It was her "dream job" — the job she imagined herself doing in college.

"I loved the work," she tells Fresh Air's Terry Gross. "It was work I was so passionate about."

Slaughter commuted to the State Department in Washington, D.C., every week from Princeton, N.J., where her husband and two teenage sons lived.

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The Two-Way
9:26 am
Thu June 21, 2012

Commerce Secretary Bryson Resigns; Suffered Seizure Earlier This Month

Commerce Secretary John Bryson.
Rajanish Kakade AP

Originally published on Thu June 21, 2012 9:40 am

Just under two weeks after suffering a seizure that led to two car accidents within minutes of each other, Commerce Secretary John Bryson has submitted his resignation.

Our former colleague David Gura (now with Marketplace) has downloaded a copy of Bryson's letter to the president and posted it here.

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The Salt
8:54 am
Thu June 21, 2012

Company Bets Robotic Vending Machine Pizza Is A Winner

A promotional image for Let's Pizza.
A1 Concepts

Originally published on Thu June 21, 2012 10:19 am

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The Two-Way
6:39 am
Thu June 21, 2012

Jobless Claims Hold Steady; 387,000 Filed Last Week

There were 387,000 first-time claims for jobless benefits filed last week, down just 2,000 from the week before, the Employment and Training Administration reports.

The previous week's number, by the way, was revised up slightly — to 389,000 from the initial estimate of 386,000.

The Associated Press writes that:

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Business
3:26 am
Thu June 21, 2012

Business News

Originally published on Thu June 21, 2012 4:53 am

A new study from the Pew Research Center shows that the gap between states' assets and how much they'll owe retirees in pensions and health care is growing. According to the most recent numbers, for fiscal year 2010 that gap grew 9 percent from the previous year to almost $1.4 trillion dollars.

Business
3:26 am
Thu June 21, 2012

The Last Word In Business

Originally published on Thu June 21, 2012 4:58 am

Oracle CEO Larry Ellison reached a deal to buy nearly the entire Hawaiian island of Lanai. The land is currently owned by billionaire David Murdock who is the CEO of Castle and Cooke and the majority stock holder in Dole Food Company.

Business
3:26 am
Thu June 21, 2012

Spanish Miners Strike Against Government Cuts

Originally published on Thu June 21, 2012 4:30 am

Spain is in line to get a European bailout of up to $125 billion for its banks. Audits due Thursday will show just how indebted Spanish banks are. But economic uncertainty has already sparked violence.

Your Money
2:05 am
Thu June 21, 2012

Why Your 401(k) May Be Worth Less Than You Think

The Labor Department will mandate that 401(k) plan providers disclose more information about the fees they charge.
iStockphoto.com

Originally published on Thu June 21, 2012 1:26 pm

As Americans watched their nest eggs sink during the Great Recession, many wondered whether they would ever be able to retire. Come this fall, millions of workers who invest in 401(k)s will learn their plans are probably worth even less than they thought.

"Fees take away from the accumulated savings of your lifetime," says Mary Beth Franklin, a contributing editor at InvestmentNews.

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Crisis In The Housing Market
2:03 am
Thu June 21, 2012

Bidders Get Feisty Over Foreclosed Homes

Daily auctions are held on foreclosed properties in front of the county courthouse in Corona, Calif. About 80 bidders, representing investors, show up to bid on properties.
Yuki Noguchi NPR

Originally published on Thu June 21, 2012 4:21 am

For-sale homes in California are sparse, even in areas with high foreclosure rates. It has led to buyers like Jennifer Bryant, who is willing to throw money at just about anyone willing to sell her a house.

Since February, Bryant has made 35 offers on homes in Riverside, only to be elbowed out by other bids. With few houses available and many bidders chasing these properties, she feels she has, at most, an hour to consider each house.

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Shots - Health Blog
2:47 pm
Wed June 20, 2012

When 'Madagascar' Meets Children's Claritin

One of the Madagascar 3-themed activities for kids touted on Merck's Claritin Facebook page.
Facebook

Originally published on Wed June 20, 2012 3:23 pm

Merck is catching flak for marketing Children's Claritin with cute cartoon characters from the latest installment in the Madagascar movie series.

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