Business

Business
3:18 am
Thu June 7, 2012

The Last Word In Business

Originally published on Thu June 7, 2012 5:04 am

Transcript

DAVID GREENE, HOST:

And today's last word in business is: no.

That's what HBO told fans who were hoping to watch shows like "Game of Thrones" on the web without having to go through a cable or satellite providers.

The premium channel was reacting to an Internet campaign, called Take My Money HBO.

RENEE MONTAGNE, HOST:

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Business
3:18 am
Thu June 7, 2012

What's Next For Organized Labor?

Originally published on Thu June 7, 2012 2:17 pm

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm Renee Montagne.

DAVID GREENE, HOST:

And I'm David Greene.

We'll begin this program with the aftermath of Tuesday's recall election in Wisconsin. Public sector unions took on Republican Governor Scott Walker, and the governor won. Walker became the first U.S. governor to beat back a recall attempt. The unions had spent a lot time, money and political capital in Wisconsin.

NPR's Sonari Glinton reports on what's next for organized labor.

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Education
3:18 am
Thu June 7, 2012

How The Housing Industry Affects Students' Future

Originally published on Thu June 7, 2012 4:37 am

Transcript

RENEE MONTAGNE, HOST:

We're going to hear now about some surprising consequences of the weak housing market in this country. It turns out that the value - even on a paper - of a home can affect the college choices that a family makes.

NPR science correspondent Shankar Vedantam regularly joins us to discuss social science research. He's here this morning to talk about those new findings. And good morning.

SHANKAR VEDANTAM, BYLINE: Hi, Renee.

MONTAGNE: This new research, describe it for us.

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Business
3:18 am
Thu June 7, 2012

Business News

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

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with NASDAQ compensating clients.

(SOUNDBITE OF MUSIC)

MONTAGNE: The NASDAQ stock exchange will pay $40 million in compensation for botched trades that occurred during Facebook's initial public offering. NASDAQ clients lost millions of dollars on Facebook's May IPO because of computer glitches. The opening trade was delayed by more than half an hour, and many investors were unsure if their trades had gone through.

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Business
2:44 pm
Wed June 6, 2012

Good Times For Airlines, So Where Are The Deals?

A Delta Air Lines flight takes off from the Ronald Regan National Airport in Washington, D.C. As the price of oil trickles down, the airline industry is projected to have a historic good year.
Jewel Samad AFP/Getty Images

Originally published on Wed June 6, 2012 5:29 pm

The rest of the economy may not be doing great, but airlines are expecting a banner year. Profitability is up and fuel prices are declining, but that's not necessarily great news for consumers.

When Robert Herbst, a former pilot and industry consultant for many years, says the skies are blue, it sounds pretty convincing. And from Herbst's projections, this may be a historic year for the airline industry.

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All Tech Considered
2:40 pm
Wed June 6, 2012

IPv6: A New Internet Expands The Web By Trillions Of Addresses

A new version of the Internet protocol system called IPv6 launched Wednesday, adding trillions upon trillions of new Internet addresses.
Courtesy of the Internet Society

Originally published on Wed June 6, 2012 5:31 pm

You may not have noticed when you woke up today, but the Internet universe expanded overnight by the trillions.

Today at midnight, Greenwich Mean Time, the new Internet protocol system IPv6 was born, bringing "more than 340 trillion, trillion, trillion" extra Internet protocol addresses into the world, according to the Internet Society, the nonprofit, Internet policy organization that is behind the system's launch and also controls the .org domain.

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Politics
1:48 pm
Wed June 6, 2012

What Wisconsin's Recall Means For Labor Unions

Rick Muir, president of the Indiana Federation of Teachers, chanted with other protesters at the Statehouse in Indianapolis in February 2011 over legislation limiting collective bargaining for teachers. Months later, it became law.
AJ Mast AP

Originally published on Wed June 6, 2012 3:06 pm

The Wisconsin recall election might have failed, but it succeeded in sending an ominous message to pro-labor forces across the nation — especially in the Midwest, where a handful of legislatures are pushing to roll back collective bargaining and other union rights.

The vote against Republican Gov. Scott Walker was prompted by his support for a law limiting collective bargaining for some public sector employees. His victory Tuesday night could embolden governors in states such as Ohio, Indiana and Missouri to push back harder on labor rights.

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The Two-Way
12:11 pm
Wed June 6, 2012

Economy Grew At 'Moderate Pace' In April And May, Federal Reserve Says

Anecdotal reports from across the nation "suggest overall economic activity expanded at a moderate pace" from early April through late May, the Federal Reserve just reported.

In its "beige book" review of conditions around the country, the Fed said the only one of its 12 bank districts to report slower growth was Philadelphia.

The report also adds that:

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The Two-Way
11:24 am
Wed June 6, 2012

Delta CEO Pushes For National Airline Policy That Lets 'Free Market Work'

A traveler walks by a Delta Airlines skycap kiosk at San Francisco International Airport.
Justin Sullivan Getty Images

Originally published on Wed June 6, 2012 5:29 pm

"Airlines are expecting a banner year," NPR's Yuki Noguchi is due to report on All Things Considered later today.

More planes are flying with full passenger loads, as any frequent flier will tell you. Mergers have helped cut costs. Ticket prices are up. Airlines are charging fees for bags. Fuel costs have eased a bit.

In these relatively good times, what does an airline CEO want?

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The Two-Way
8:21 am
Wed June 6, 2012

Nearly 6.5 Million LinkedIn Passwords Reportedly Stolen

LinkedIn

Originally published on Wed June 6, 2012 1:55 pm

"Our team is currently looking into reports of stolen passwords," the business networking website LinkedIn confirms, after word of a Russian hacker's claim to have stolen nearly 6.5 million users' passwords.

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The Two-Way
7:50 am
Wed June 6, 2012

Drop In Productivity Paints 'Mixed Picture'

The Associated Press takes a traditional view of the news that American workers' productivity fell more than first thought in the first quarter.

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The Two-Way
6:39 am
Wed June 6, 2012

'Little Worry' At Federal Reserve About Another Recession, 'WSJ' Says

Job seekers lined up at a jobs fair in Portland, Ore., earlier this year.
Rick Bowmer AP

Midway through a Wall Street Journal story today about whether the Federal Reserve will do something in coming weeks to give the economy a boost is this eye-catching line:

"There is little worry at the Fed of a new recession."

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Business
2:29 am
Wed June 6, 2012

Auto Industry Bailout Remains Political Hot Button Issue

Originally published on Thu June 14, 2012 10:07 am

Transcript

RENEE MONTAGNE, HOST:

And the U.S. bailout of General Motors and the auto industry in 2009 has worked its way into the presidential campaign. Republican Mitt Romney says he'd sell the government stock in GM quickly if he wins the White House. A White House spokesman counters that Romney isn't credible on the issue, since he opposed the bailout that rescued the industry.

NPR's Sonari Glinton has the story.

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Economy
2:29 am
Wed June 6, 2012

Europe's Debt Crisis Contributes To Lower U.S. Exports

Originally published on Thu June 14, 2012 10:07 am

Transcript

DAVID GREENE, HOST:

And let's turn to the issue that is front and center this election year - the economy. Austerity measures aimed at curing Europe's debt crisis have thrown a number of eurozone countries into recession. The threat of defaults in Greece and even larger countries like Spain have rattled U.S. financial markets, and President Obama recently said that Europe's troubles are casting a shadow over the U.S. economy.

To better understand what the president is talking about, we brought in NPR economics correspondent John Ydstie.

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Food
2:29 am
Wed June 6, 2012

Why Does Airline Food Taste So Bad?

Originally published on Thu June 14, 2012 10:07 am

Transcript

DAVID GREENE, HOST:

Tiny bags of pretzels followed by some kind of rubber mystery meat - for those who fly, you know exactly what I'm talking about: the joys of airplane food. Well, some airlines are now trying to shake things up. They're showcasing some new cuisine in hopes of luring more passengers. But producing food that actually tastes great at cruising altitude is not easy, as NPR's Wendy Kaufman reports.

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Business
2:29 am
Wed June 6, 2012

States End Extended Benefits Despite Dismal Economic Outlook

Originally published on Thu June 14, 2012 10:07 am

Transcript

DAVID GREENE, HOST:

So far this year, 25 states have ended the Extended Benefits program. That program made sure people out of work for long periods of time continued receiving financial assistance. But there was a catch: if a state's unemployment rate improved, the money would stop flowing. The fact that some states are seeing lower unemployment may seem like a good sign for the economy. It's no comfort to the people who are still out of work.

Susie An from WBEZ in Chicago has that story.

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Business
2:29 am
Wed June 6, 2012

The Last Word In Business

Originally published on Thu June 14, 2012 10:07 am

Transcript

RENEE MONTAGNE, HOST:

And our last word in business this morning is: litigious days.

(SOUNDBITE OF "HAPPY DAYS" THEME SONG)

MONTAGNE: That, of course, is the theme from "Happy Days," the hit sitcom from the 1970s and '80s. These days, not everyone is so happy. Several cast members from the show are battling with CBS and Paramount, for unpaid royalties.

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Business
2:29 am
Wed June 6, 2012

Spain's Industrial Output Falls In April

Originally published on Thu June 14, 2012 10:07 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with yet another setback for Spain.

(SOUNDBITE OF MUSIC)

Planet Money
12:56 am
Wed June 6, 2012

Why Does The Mortgage-Interest Tax Deduction Still Exist?

Alex Brandon AP

Originally published on Thu June 14, 2012 10:07 am

This is the latest story in our series on money in politics.

If you have a mortgage on your home, you can deduct the interest from your taxes. It's a popular, well-entrenched policy. But according to one policy adviser to a U.S. senator, "the mortgage-interest deduction, from a purely policy perspective ... makes no sense."

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All Tech Considered
5:02 pm
Tue June 5, 2012

Apple To Google Maps: We Have Our Own App For That

Apple's late CEO, Steve Jobs, discusses the Google Maps application for the iPhone during the Macworld Convention and Expo in San Francisco in 2008.
Robert Galbraith Reuters /Landov

Originally published on Tue June 5, 2012 6:25 pm

There's been speculation for months that Apple will try to elbow Google's popular Maps app aside on the iPhone and unveil its own map app, and some of the best evidence yet comes from Tuesday's Wall Street Journal.

The paper looked into the reasons for the impending switch and the broader implications it would have for the smartphone market.

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Technology
3:14 pm
Tue June 5, 2012

Apple, Google Battle Over Mobile Maps

Audie Cornish talks about the escalating war with mobile maps between Google and Apple with Jessica Vascellaro, senior technology reporter for The Wall Street Journal.

It's All Politics
2:32 pm
Tue June 5, 2012

How Accurate Is Obama's Attack On Romney's Jobs Record?

Mitt Romney talks about his plan for creating jobs at a 2011 campaign speech in Las Vegas.
Julie Jacobson AP

Originally published on Tue June 5, 2012 5:53 pm

A new Obama campaign ad says the Massachusetts economy actually fared poorly during Republican presidential candidate Mitt Romney's four years as governor, challenging the notion that Romney knows how to fix the nation's ailing economy.

The ad says that between 2003 and 2007, Massachusetts had one of the worst economic records in the country, lost 40,000 manufacturing jobs at "a rate twice the national average, and fell to 47th in job creation."

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The Two-Way
10:38 am
Tue June 5, 2012

In Poll, Facebook Users Say They Are Not Swayed By Its Advertisements

Facebook's logo.
Emmanuel Dunand AFP/Getty Images

It's more bad news for Facebook today. A poll by Reuters/Ipsos found that most of its users are not swayed by its advertisements.

Four out of five users surveyed said they had never bought a product based on advertising they saw on the network. What's more, the online poll revealed that "34 percent of Facebook users surveyed were spending less time on the website than six months ago, whereas only 20 percent were spending more."

Reuters reports:

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Economy
10:37 am
Tue June 5, 2012

Growing Economic Inequality 'Endangers Our Future'

iStockphoto.com

Originally published on Tue June 5, 2012 12:45 pm

Nobel Prize-winning economist Joseph Stiglitz grew up in Gary, Ind. — a city that has weathered many economic storms over the past half-century.

Stiglitz went on to study at Amherst College and MIT, where he received a Ph.D. in economics. He later served on and chaired President Clinton's Council of Economic Advisers and became the chief economist at the World Bank. But even as a child, Stiglitz says, he noticed ways in which the markets weren't working.

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Business
3:40 am
Tue June 5, 2012

Obama Courts Female Voters With Fair Pay Bill

Transcript

RENEE MONTAGNE, HOST:

And the Senate votes today on legislation aimed at shrinking the pay gap between men and women. It's called the Paycheck Fairness Act.

NPR's Ari Shapiro reports President Obama is using the bill as a tool in the 2012 campaign.

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Television
3:29 am
Tue June 5, 2012

'GMA' Makes Morning Show Ratings Competitive

Originally published on Tue June 5, 2012 4:33 am

Transcript

RENEE MONTAGNE, HOST:

You might say there's a tectonic shift going on in morning television. TV critic Eric Deggans says that ABC's "Good Morning America" is doing something that seemed unthinkable for more than a decade: it is rocking NBC'S "Today Show" off its ratings pedestal.

ERIC DEGGANS: Even "Today" show co-host Matt Lauer admits it.

MATT LAUER: The show is not where I want it to be right now. The ratings are not where I want them to be right now.

DONNY DEUTSCH: Where do you want to be right now?

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Business
3:29 am
Tue June 5, 2012

Business News

Originally published on Tue June 5, 2012 4:57 am

Transcript

(SOUNDBITE OF MUSIC)

DAVID GREENE, HOST:

NPR's business news starts with Disney delving into nutrition.

Today, Disney comes out with nutritional standards for food advertised across its platforms. The company has taken flack for contributing to the obesity epidemic by airing ads for junk food that targets kids.

This move marks a dramatic change, but the company's chairman told The New York Times, quote, "this is not altruistic; this is about smart business." Transcript provided by NPR, Copyright National Public Radio.

Business
3:29 am
Tue June 5, 2012

Heralded Facebook Shares Fail To Impress

Transcript

DAVID GREENE, HOST:

Facebook's stock has fallen more than 25 percent since the company went public less than a month ago. What was hyped as the biggest technology IPO in history has quickly become a black eye for both Wall Street banks and Facebook itself.

But that does not necessarily mean that the company will move quickly to appease investors, as NPR's Steve Henn explains.

STEVE HENN, BYLINE: Nelly Sia-Palm(ph) bought $1,000 dollars in Facebook stock on its very first day of trading.

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NPR Story
3:10 am
Tue June 5, 2012

The Last Word In Business

Originally published on Tue June 5, 2012 5:05 am

Transcript

RENEE MONTAGNE, HOST:

And our last word in business this morning is: Jubilation.

Hundreds of thousands of Britons gathered outside Buckingham Palace last night for the Diamond Jubilee concert, celebrating the queen's 60-year reign. The evening offered a break from Britain's bad economic news and another opportunity to rebrand positively the Royal Family.

DAVID GREENE, HOST:

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The Record
3:44 pm
Mon June 4, 2012

There's No Such Thing As A Sold Out Concert (Even For Justin Bieber)

Over the weekend, Justin Bieber's 45-city fall tour sold out in an hour.
Kevin Winter Getty Images

Originally published on Tue September 18, 2012 5:44 pm

This weekend, as Billboard has reported, tickets for Justin Bieber's tour of the United States and Canada sold out in an hour. Not just one venue. The whole tour. All of the tickets. Completely.

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