Business

Technology
4:10 am
Fri July 6, 2012

U.N. Human Rights Council Back Internet Freedom

Originally published on Mon July 30, 2012 7:20 pm

Transcript

LINDA WERTHEIMER, HOST:

The United Nations Human Rights Council has declared people have a right to freedom of expression on the Internet. This is the first time that the council has extended the definition of human rights into the virtual world. And as NPR's Laura Sydell reports, the resolution had nearly universal support, even from countries which censor the Internet.

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Economy
4:10 am
Fri July 6, 2012

June Brought 80,000 Jobs, 8.2 Percent Unemployment

Originally published on Mon July 30, 2012 7:20 pm

Transcript

LINDA WERTHEIMER, HOST:

This is MORNING EDITION from NPR News. I'm Linda Wertheimer with Steve Inskeep. The U.S. economy gained 80,000 jobs in June, that's the latest word from the Labor Department and it is another disappointing month of job growth. The number was slightly below expectations. The employment report is closely followed by economists. Job growth, of course, is front and center in the presidential election.

Joining us are NPR's political reporter Tamara Keith and economics correspondent, Chris Arnold.

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Business
4:10 am
Fri July 6, 2012

The Last Word In Business

Originally published on Fri July 6, 2012 10:10 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business takes us to London, where Europe's new tallest building has been inaugurated. It's called the Shard. Maybe that's because it sort of looks like a giant shard of glass, 1,016 feet tall. It stands out in a city with a relatively low skyline. It towers over the Tower of London, and the Shard brings many metaphors to mind.

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News
2:39 am
Fri July 6, 2012

Fake Bylines Reveal True Costs Of Local News

Newspapers acknowledged publishing dozens of items in print or online from outsourcing firm Journatic that appeared under fake bylines. The Chicago Tribune, for example, said the matter is under investigation. But the newspaper's corporate parent, the Tribune Co., is a new investor in Journatic.
Charles Rex Arbogast AP

Originally published on Fri July 6, 2012 10:10 am

Major newspapers in Chicago, Houston and San Francisco are among those this week that have acknowledged they published dozens of items in print or online that appeared under fake bylines.

As was first disclosed by the public radio program This American Life, the items in question were not written by reporters on the staffs of the papers at all but by employees of what is effectively a news outsourcing firm called Journatic.

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Around the Nation
1:19 am
Fri July 6, 2012

Despite Delays, Chair Lifts Coming To Public Pools

New government regulations require public pools to have chair lifts, like this one in Savannah, Ga., for people with disabilities. The compliance deadline has been extended for a second time.
Russ Bynum AP

Originally published on Mon July 30, 2012 7:20 pm

Pools open to the public were supposed to have chair lifts installed for people with disabilities in time for this summer, but after a wave of protests, the federal order was delayed until January.

Still, some of the country's 300,000 or so pools at hotels, parks and gyms continue to fight the requirement.

Vestavia Hills pool near Birmingham, Ala., is one of thousands of pools that scrambled to get a chair lift installed by May.

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Business
1:02 am
Fri July 6, 2012

For Some Businesses, Daily Deals Have A Dark Side

Creative Hands is a therapy center in Washington, D.C., that used daily deals when it opened last year. Instead of bolstering revenue, the deals left Creative Hands' owner in the red.
Ebony Bailey NPR

Originally published on Mon July 30, 2012 7:20 pm

Groupon and Living Social have sold tens of millions of daily deals and are now a major force in retail. But they rely heavily on getting businesses to offer their goods and services at deep discounts. In exchange, businesses hope for payoff in the form of return customers.

Sometimes, though, the flood of extra business causes more problems than it solves.

Deal-Hungry Crowd

Ailie Ham had just opened Creative Hands Massage in Washington, D.C., when she decided to offer deals through Living Social and Groupon last year.

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NPR Cities: Urban Life In The 21st Century
3:06 pm
Thu July 5, 2012

A Company Town Reinvents Itself In South Bend, Ind.

Pete Buttigieg, 30, is the first mayor of South Bend, Ind., born after car manufacturer Studebaker left town.
Peter Hoffman for NPR

Originally published on Fri July 6, 2012 11:55 am

There are two truths about South Bend, Ind. No. 1: You can't escape the influence of the University of Notre Dame. No. 2: You can't escape the ghost of Studebaker.

South Bend may be best known as the home of the Fighting Irish, but it was once the home of Studebaker automobiles. When Studebaker closed in 1963, it left a gaping hole in the town, where unemployment is at 10.4 percent, according to the latest data from the Bureau of Labor Statistics. Now, the city is working hard to create a second act for the commercial life of South Bend.

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The Two-Way
7:00 am
Thu July 5, 2012

Countrywide Gave Lawmakers, Officials Hundreds Of Discount Loans

Originally published on Thu July 5, 2012 8:40 am

Countrywide Financial Corp., the one-time mortgage giant, may have "skirted the federal bribery statute," but nonetheless used a VIP discount program to gain influence in Washington, a report from the Republican-led House Oversight and Government Reform Committee concludes.

We first posted on this news, broken earlier by The Associated Press and The Wall Street Journal, at 9 a.m. ET. Since then, the committee's report has been released. Read through to see our original post and the update with links and excerpts from the committee's work:

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The Two-Way
6:40 am
Thu July 5, 2012

Employers Added 176,000 Jobs In June, Survey Says

There were 176,000 jobs added to private employers' payrolls in June, according to the latest ADP National Employment Report. The gain was larger than May's 136,000, ADP says.

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Around the Nation
4:42 am
Thu July 5, 2012

VA Hospital Recuits Mental Health Providers

Originally published on Thu July 5, 2012 8:25 pm

Transcript

LINDA WERTHEIMER, HOST:

The Department of Veterans Affairs is adding staff to its hospitals to meet the mental health needs of vets of the Iraq and Afghanistan wars. As Erin Toner of WUWM in Milwaukee reports, some clinicians say the help cannot come soon enough.

ERIN TONER, BYLINE: The VA hospital in Milwaukee is a hectic place. On most mornings you have to circle the parking lots over and over to find a spot. Luckily there's valet service if patients would rather leave the parking to someone else.

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Business
2:46 am
Thu July 5, 2012

EX-Barclays CEO Apologizes To British Panel

Originally published on Thu July 5, 2012 8:25 pm

Transcript

LINDA WERTHEIMER, HOST:

In Britain today, parliament continues its hearing on the interest rate scandal at Barclays Bank. This week, several of the bank's top executives resigned, including the chief executive, Bob Diamond. Yesterday, parliamentarians quizzed Diamond for three hours.

NPR's Philip Reeves is in London, where he says outrage is growing.

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NPR Story
2:46 am
Thu July 5, 2012

Business News

Originally published on Thu July 5, 2012 8:25 pm

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with the back story on VIP loans.

(SOUNDBITE OF MUSIC)

WERTHEIMER: A former mortgage company, Countrywide, used a VIP loan program to buy influence with members of Congress, staffers and other officials, including a number at Fannie Mae, the government backed mortgage giant central to Countrywide's business. That the bottom line of a new report out today from the House Oversight and Government Reform Committee.

STEVE INSKEEP, HOST:

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Business
2:44 am
Thu July 5, 2012

Limited Supply Of Hotel Rooms Forces Prices Higher

Originally published on Thu July 5, 2012 8:25 pm

Transcript

LINDA WERTHEIMER, HOST:

The hotel industry is making a comeback after being badly hit by the economic downturn. Turn find out what to expect the next time we check in, we called Barbara DeLollis, she reports on the hotels for USA Today. She told us that hotel construction deals canceled or postponed because of the credit crisis has now created a room crunch.

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Planet Money
1:06 am
Thu July 5, 2012

The Farmer And The Commerce Clause

The U.S. Supreme Court, 70 years after rejecting Roscoe Filburn's bid to limit the federal government's power to regulate commerce.
Chip Somodevilla Getty Images

Originally published on Thu July 5, 2012 8:25 pm

Last week's Supreme Court ruling on the health care law might have made Roscoe Filburn a little happier.

Filburn was an Ohio dairy farmer who had a beef with the federal government, one he took to the U.S. Supreme Court in 1942. He lost.

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Business
2:03 pm
Wed July 4, 2012

Fear Of Fires Fizzles Some July Fourth Fireworks Fun

Susan Underwood prices fireworks, while her husband Michael (left) and Clint Simmons pace themselves with a snack and TV last month at their tent along Highway 416 in Sevier County, Tenn. Over in Middle Tennessee, the drought has led city leaders to ban fireworks this year.
Curt Habraken AP

Originally published on Wed July 4, 2012 2:59 pm

Freddie Bowers and his dad, Larry, have sold fireworks in LaVergne, Tenn., for a lifetime. But, the sparklers are off limits this year since the region has had the hottest streak in recorded history and several small fires in the area have been blamed on fireworks.

For people in the fireworks business, Christmas usually comes in July. Only this year, three-quarters of the country are experiencing some level of drought and from the Mountain West to the Southeast, cities are temporarily banning fireworks.

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Business
1:37 pm
Wed July 4, 2012

Ex-CEO: Barclays Isn't The Only Bank At Fault

Former Barclays CEO Bob Diamond leaves Parliament amid a crowd of reporters in London on Wednesday. Diamond, who resigned Tuesday, was questioned about a growing interest-rate manipulation scandal.
Matthew Lloyd Getty Images

Originally published on Wed July 4, 2012 3:35 pm

The fallen leader of Barclays Bank got on the hot seat before members of the British Parliament on Wednesday. Robert Diamond, an American, resigned Tuesday as CEO of the bank — the latest executive to lose his job over an interest-rate manipulation scandal.

The scandal has not only consumed Barclays, it also threatens to engulf other international banks — and high-ranking government officials, too.

Diamond started his career at Barclays on Independence Day, exactly 16 years ago. On Wednesday in London, he set off some fireworks all his own.

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Around the Nation
3:08 am
Wed July 4, 2012

'Flipping' Sneakers Is Highly Profitable

Originally published on Wed July 4, 2012 5:00 am

Maybe you won't pay several hundred dollars for a pair of sneakers, but there are a lot of people who will — providing they are the right sneakers. The demand for certain models has spawned a robust market for re-sellers — people who buy up the available supply and re-sell them for a profit.

Business
3:08 am
Wed July 4, 2012

Ex-Barclays CEO To Appear Before British Panel

Originally published on Wed July 4, 2012 3:52 am

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with a U.K. interest rate probe.

(SOUNDBITE OF MUSIC)

WERTHEIMER: The former chief executive of Barclays is testifying before a parliamentary committee in Britain. Bob Diamond, who resigned yesterday, is being asked about the rate-setting scandal at the bank. He told lawmakers in the hearing today that it was an unfortunate series of events. Yesterday, Barclays released documents suggesting a Bank of England official may have pressured Barclays to lower its rates. NPR's Jim Zarroli reports.

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Business
3:08 am
Wed July 4, 2012

The Last Word In Business

Originally published on Wed July 4, 2012 5:12 am

Transcript

LINDA WERTHEIMER, HOST:

Our last word in business today: body of work. That's the legacy left behind by Italian car designer Sergio Pininfarina. He died yesterday in Turin, Italy at age 85. His family's design firm was behind the sleek, elegant bodies that became a hallmark of Ferrari automobiles.

RENEE MONTAGNE, HOST:

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Business
1:31 am
Wed July 4, 2012

Office Stress Dogging You? Try Punching In With Fido

Ginger, an English bulldog, comes to work each day with Will Pisnieski. She's one of several dogs who are regular fixtures at dog-friendly Authentic Entertainment in Burbank, Calif.
Grant Hindsley AP

Originally published on Thu July 19, 2012 2:11 pm

Most dog lovers will insist a canine friend makes for a happier home. A number of studies back that up, too, touting the health benefits of four-legged companions.

But there's new evidence that dogs can make for a better workplace as well, making employees happier and more productive.

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Business
3:37 pm
Tue July 3, 2012

The Korean-American Story Of Yes! Organic Market

Originally published on Wed July 4, 2012 10:03 am

Gary Cha and his family came to the U.S. from South Korea in the 1970s. They opened Yes! Organic Markets in food deserts and other unlikely neighborhoods around Washington, D.C. and Maryland. Cha speaks with host Michel Martin about his heritage, his business and racial tension between some Asian store-owners and African-American residents.

Shots - Health Blog
1:22 pm
Tue July 3, 2012

Glaxo Settlement Pulls Back Curtain On Drug Marketing

This week, GlaxoSmithKline agreed to the largest single health fraud settlement in U.S. history. Details from the case paint a rich picture of alleged abuses.
Kirsty Wigglesworth AP

Originally published on Wed July 4, 2012 2:30 am

As part of a landmark $3 billion settlement of health fraud charges by GlaxoSmithKline, the government released a slew of documents that serve as a one-stop guide to alleged sales practices that ran rampant for years.

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Planet Money
12:16 pm
Tue July 3, 2012

Storm Stimulus Unlikely As Communities Recover

A fallen tree crushes a truck in Falls Church, Va., outside Washington. Storms across the Midwest and East downed trees and power lines and left millions without power.
Alex Wong Getty Images

Originally published on Tue July 3, 2012 2:40 pm

Once major storms pass, hard-hit communities sometimes discover an unexpected silver lining: a miniature economic boom, as insurance checks pay for homeowners to rebuild and businesses to restock.

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Economy
9:05 am
Tue July 3, 2012

States Go To Casinos, But Does The Gamble Pay Off?

Originally published on Tue July 3, 2012 10:03 am

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. Coming up, we'll meet a couple who didn't just worry when their daughters started coming home making disparaging comments about their own looks. They decided to surround the girls with positive messages that they, too, are beautiful. We'll meet them and hear what they did in just a few minutes.

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The Salt
8:33 am
Tue July 3, 2012

Free Trade Ruling Could Nix Country-Of-Origin Labels on Meat

Do you know where your beef comes from?
JelleS Flickr.com

If you want to know where your meat came from, you won't be happy with the World Trade Organization right now. Late last week, the WTO announced that the United States' country-of-origin labels, which took effect in 2008, discriminate unfairly against foreign meat suppliers such as Mexico and Canada.

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Health Care
4:43 am
Tue July 3, 2012

Post Supreme Court: Reviewing The Health Care Law

Last week's Supreme Court decision upholding the Affordable Care Act has brought the 2010 law back into the news. If you've forgotten all the things that are in the massive measure, never fear. Morning Edition has this refresher course.

Business
2:55 am
Tue July 3, 2012

GlaxoSmithKline To Pay $3 Billion To Settle Charges

British drugmaker GlaxoSmithKline has agreed to pay $3 billion to settle charges that it illegally marketed some of its most popular drugs. U.S. officials say among other things, the company promoted an antidepressant to children that was approved only for adults.

Business
2:55 am
Tue July 3, 2012

Airbus: 'The Time Is Right' To Open Alabama Plant

Originally published on Tue July 3, 2012 3:31 am

Transcript

LINDA WERTHEIMER, HOST:

Jobs and the economy are big issues in this election. And from Alabama, we have a story of jobs coming from overseas to the U.S. European aircraft manufacturer Airbus is making a bold move into North America to compete in the largest market in the world for passenger jets.

RENEE MONTAGNE, HOST:

The firm will build its first U.S. assembly plant on the Gulf Coast in Mobile, Alabama. NPR's Debbie Elliott reports the region has been working for years to attract Airbus.

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NPR Story
2:55 am
Tue July 3, 2012

Business News

Originally published on Tue July 3, 2012 5:53 am

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with another bye-bye at Barclays.

NPR Story
2:55 am
Tue July 3, 2012

Daycare Needs Stretch Around The Clock

Originally published on Tue July 3, 2012 3:29 am

As more people take shift work in the still struggling economy, the need for after hours child care has increased. Throughout the country, many daycare centers have begun offering evening hours or 24-hour care. Parents say their kids should be sleeping at home at night, but they have no choice but to work when jobs are available.

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