Business

Business
2:57 pm
Tue May 12, 2015

Verizon Buys AOL In $4.4 Billion Deal

Originally published on Tue May 12, 2015 5:22 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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MELISSA BLOCK, HOST:

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The Two-Way
2:00 pm
Tue May 12, 2015

Fast-Track Trade Measure Fails Key Test Vote In Senate

Originally published on Tue May 12, 2015 2:38 pm

Democrats in the Senate have blocked — for now — a vote on the fast-track trade authority that President Obama had sought and Republicans had supported.

The tally was 52 to 45 in favor, eight short of the 60-vote threshold needed to take up the bill.

It's a rebuke to Obama, who has made the trade bill a key part of his second-term agenda, from his fellow Democrats.

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The Salt
11:46 am
Tue May 12, 2015

Tea Tuesdays: Matcha-maker, Matcha-maker, Make Me Some Tea

Matcha tea powder comes in two grades: ingredient and drinking. The drinking grade comes from the leaves at the top of the tea plant.
Courtesy of Alissa White

Originally published on Tue May 26, 2015 4:18 pm

Just like flared jeans, Teenage Mutant Ninja Turtles and thighs without a gap, matcha tea powder is in fashion in America.

You can grab a matcha latte at Starbucks. Whole Foods stocks the green tea powder on its shelves. Or now that warm weather is here, maybe you'll order a Matcha Green Tea Blast smoothie from Jamba Juice.

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Shots - Health News
11:38 am
Tue May 12, 2015

Short On Sleep? You Could Be A Disaster Waiting To Happen

Workers try to remove some of the 11 million gallons of oil spilled by the Exxon Valdez off Alaska in 1989. The ship's third mate may have been up for 18 hours before the accident.
Rob Stapleton AP

Originally published on Wed May 13, 2015 8:25 am

Missing out on sleep pretty much guarantees feeling crummy the next day. But it can also lead to dangerous or even disastrous decision-making. Sleep-deprived operators failed to prevent the Chernobyl nuclear power plant meltdown and the Exxon Valdez oil spill.

And during the Civil War, some historians think that Confederate Gen. Stonewall Jackson's confused command during the battles of June 1862 was due to sleep deprivation.

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Business
7:33 am
Tue May 12, 2015

Verizon Acquires AOL For $4.4 Billion

Originally published on Tue May 12, 2015 8:11 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

The Two-Way
5:43 am
Tue May 12, 2015

Verizon Inks $4.4 Billion Agreement To Buy AOL

The AOL logo is posted on a sign in front of the AOL Inc. offices in Palo Alto, California.
Justin Sullivan Getty Images

Originally published on Tue May 12, 2015 8:02 am

Verizon Communications has agreed to pay $4.4 billion to buy AOL Inc.

In a press release, Verizon said the all-cash acquisition will help build its digital and video platforms.

The Wall Street Journal explains:

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Business
5:22 am
Tue May 12, 2015

IKEA Offers Breakfast In Bed

Originally published on Tue May 12, 2015 6:12 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Business
3:34 am
Tue May 12, 2015

Shell Gets Interior Department's Ok To Drill Off Alaska's Arctic Shore

Originally published on Tue May 12, 2015 6:12 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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STEVE INSKEEP, HOST:

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It's All Politics
3:00 am
Tue May 12, 2015

Sen. Warren On The 'Tilted Process' Of Asia Trade Bill

Sen. Elizabeth Warren has been a leading voice on the left against the Trans-Pacific Partnership, the president's signature trade initiative.
Mark Wilson Getty Images

Originally published on Tue May 12, 2015 11:06 am

The Senate could begin debate Tuesday on a bill that would give President Obama fast-track authority to complete a Pacific Rim trade agreement.

The Trans-Pacific Partnership has become the president's signature trade initiative, but it is also very unpopular with Democrats.

Leading the charge from the left against the deal in Congress is Sen. Elizabeth Warren from Massachusetts. She says the TPP could result in the watering down of Wall Street regulations put in place by the Dodd-Frank Act, after the 2008 financial crisis.

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The Salt
1:45 am
Tue May 12, 2015

Sheep Ranchers Count On American Muslims To Keep Lamb On Menu

Sheep are sold in small lots like this one at the Centennial Livestock Auction in Fort Collins, Colo.
Luke Runyon/Harvest Public Media/KUNC

Originally published on Tue May 12, 2015 1:23 pm

Sheep ranchers, feedlot owners, and processors in states like Colorado, Nebraska and Illinois are banking on America becoming a more diverse place.

Specifically, they want American Muslims to buy more of their lamb.

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The Salt
4:10 pm
Mon May 11, 2015

Why Food Companies Should Be More Afraid Of Water Scarcity

Coca-Cola cans on a production line at a bottling plant near New Delhi in 2013. The company decided in April 2015 not to build an $81 million bottling plant in southern India because local farmers said it might exhaust groundwater supplies.
Prakash Singh AFP/Getty Images

Originally published on Tue May 12, 2015 7:50 am

America's biggest food production companies face a growing threat of water scarcity, according to a new report from Ceres, an environmental sustainability group.

Producing food, after all, requires more water than almost any other business on Earth. And the outlook isn't pretty: One-third of food is grown in areas of high or extremely high water stress, while pollution and climate change are further limiting supplies of clean water around the world.

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Parallels
2:44 pm
Mon May 11, 2015

Saudi Women Can't Drive To Work; So They're Flocking To The Internet

Nouf al-Mazrou, with the red head scarf in the center, runs a barbeque catering business from her home in the Saudi capital Riyadh. She's shown here at a gathering of Saudi women who have launched businesses on Instagram. The event was held at a private girls school.
Deborah Amos / NPR

Originally published on Wed May 13, 2015 7:14 am

In a country where women are prohibited from driving themselves to work, technology is opening new avenues to the job market in Saudi Arabia.

Thousands of women use Instagram, the popular photo-sharing site, to launch businesses that sell goods and services, from cupcakes to sushi, in the desert kingdom.

At a recent convention of Instagram businesses, hundreds of women set up booths at a private girls school in the capital Riyadh to share success stories.

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Business
2:42 pm
Mon May 11, 2015

New York Announces Crackdown On Nail Salons

Originally published on Tue May 12, 2015 1:57 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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AUDIE CORNISH, HOST:

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All Tech Considered
2:42 pm
Mon May 11, 2015

Why California Farmers Are Conflicted About Using Less Water

Tanimura & Antle workers use tractors to install drip tape into fields that will be used to grow lettuce and other crops in California's Salinas Valley.
Aarti Shahani NPR

Originally published on Wed May 13, 2015 1:39 pm

The drought across much of the Western U.S. is now in its fourth year. In California — where it's the most intense — farms are not under the same strict orders to conserve as cities are.

And inside the agriculture industry, farmers are quietly debating how best to respond to the drought. Given uncertainty around pending state regulations, some say there may be an incentive to not invest in water-saving technologies right now.

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All Tech Considered
2:42 pm
Mon May 11, 2015

Using Investments And Technology To Rebuild Hawaii's Koa Forests

Hawaiian Legacy Hardwoods has created an Internet interface so customers can zoom in and view information about specific koa trees from their computers.
Courtesy of Hawaiian Legacy Hardwoods

Originally published on Mon May 11, 2015 7:00 pm

As with tropical trees around the world, the koa forests of Hawaii have been decimated — cut down to make way for sugar plantations and cattle ranches. One company is using an innovative business model to bring back koa forests. The secret is a digital tag that helps track individual trees.

At upscale Hawaiian shopping malls like Kings' Shops, wood from the native koa tree is in high demand. Its color ranges from light to dark brown. Koa's curving lines make it popular for furniture, or ukuleles.

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The Two-Way
1:43 pm
Mon May 11, 2015

New York Governor Pledges Action After Revelations Of Nail Salon Work Conditions

Originally published on Mon May 11, 2015 2:36 pm

New York Gov. Andrew Cuomo has announced the creation of a task force to investigate and tackle abuse in the state's more than 2,000 nail salons.

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The Two-Way
1:12 pm
Mon May 11, 2015

Jury: Starbucks' Free Coffee Not At Fault In Police Officer's Burn Claims

A police officer blamed Starbucks after his hot coffee spilled, saying it resulted in burns and other medical problems. A jury in Raleigh, N.C., does not agree.
Joe Skipper Reuters /Landov

Originally published on Mon May 11, 2015 2:30 pm

A North Carolina jury has rejected a $750,000 civil lawsuit filed by Lt. Matthew Kohr of the Raleigh Police Department, who said a Starbucks store had given him a large cup of hot coffee with an unsecured lid.

Last week, Kohr's attorney said the free cup of coffee spilled onto the officer's lap because it didn't have a properly attached lid or an insulating cardboard sleeve. Evidence submitted in court included photos showing red burn marks.

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Monkey See
9:16 am
Mon May 11, 2015

What Is Upfronts Week, Anyway?: 5 Questions Answered

The limited information of upfronts week: This is John Stamos in the new comedy Grandfathered, coming to Fox. In it, he apparently hangs out with this baby!
Jennifer Clasen Fox

What's upfronts week, anyway?

Upfronts week is when the broadcast networks, in this order and in general, (1) make final decisions about canceling or keeping existing shows, (2) unveil their schedules for the fall and spring seasons, and (3) present their new shows to advertisers to kick off their ad sales. In other words, "Look at this beautiful show! Wouldn't you like to put your beautiful commercial right between the first and second acts?"

What do we know about new shows at this point?

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NPR Story
3:05 am
Mon May 11, 2015

Courier Strike In Berlin Keeps ATMs From Being Replenished

Originally published on Mon May 11, 2015 8:45 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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STEVE INSKEEP, HOST:

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The Salt
8:19 am
Sat May 9, 2015

Seattle Restaurants Scramble To Pay A Higher Minimum Wage

Carter Jorgensen, with head chef Zephyr Paquette in the background, at Seattle's Coastal Kitchen. Restaurants are one of the largest employers of low-wage workers in the city.
Deborah Wang KUOW

Originally published on Mon May 11, 2015 6:26 pm

In the rough and tumble world of restaurants, Jeremy Hardy considers himself something of a survivor.

Hardy's restaurant, Coastal Kitchen, has been a fixture of Seattle's Capitol Hill neighborhood for 20 years. Notoriously low-margin businesses, restaurants have a high failure rate. Hardy says even in good times, running one is like juggling with clubs.

"With the labor pressures that are coming from this $15 eventual minimum-wage increase, we are juggling with razor-sharp daggers," Hardy says. "And if you don't get it right, it's really going to hurt."

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Economy
3:16 pm
Fri May 8, 2015

Oil Companies Look To Fill Employment Gap With More Women

After completing training in 2013, Claire Kerstetter now works as a fluid technician on fracking jobs.
Jeff Brady NPR

Originally published on Fri May 8, 2015 8:38 pm

Look at the oil business and you'll notice it's mostly men. That's a problem for an industry that needs legions of new workers to replace retirees in coming years.

The industry hasn't always treated women fairly, but now it needs them.

The oil business just 30 years ago was a lonely place for the few women who chose to work in it. Rayola Dougher, senior economic adviser at the American Petroleum Institute, says attending industry conferences made that clear.

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Economy
2:34 pm
Fri May 8, 2015

Ore Price Collapse Hits Minnesota's 'Iron Range'

U.S. Steel's Minntac taconite mine and plant looms over the city of Virginia. The company plans to lay off around 700 employees on June 1.
Dan Kraker MPR

Originally published on Fri May 8, 2015 8:38 pm

The price of iron ore has crashed recently — from more than $190 a ton in 2011, to about $60 today. Iron ore is the key ingredient in steel, and global demand for it, especially in China, is way down. That's being felt far away in northern Minnesota.

Miners have clawed iron ore out of northern Minnesota for more than a century. The Iron Range, as it's known, is pockmarked with deep abandoned pits carved out of the red earth.

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The Two-Way
1:48 pm
Fri May 8, 2015

Would More Trade Help The Job Market Run Faster Or Trip It Up?

Workers unload cargo at the Port of Portland's Terminal 6 in Portland, Ore.
Rick Bowmer AP

The Labor Department's latest report shows employers created 223,000 jobs in April and the unemployment rate went down another notch to 5.4 percent.

So, yay!

But study the wage figures in Friday's report — and your "yay" turns to "meh."

Workers got raises of just 0.1 percent in April. Over the past year, wages advanced only 2.2 percent, a pace that amounts to treading water for most families. The average workweek has stalled at 34.5 hours, unchanged from the previous month — and from a year ago.

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It's All Politics
12:52 pm
Fri May 8, 2015

Would Lower Shoe Tariffs Actually Encourage American Jobs?

President Obama spoke at Nike headquarters in Beaverton, Ore., on Friday.
Pablo Martinez Monsivais AP

Originally published on Fri May 8, 2015 1:31 pm

The Nike Corp. says the lower tariffs promised by a proposed Asia-Pacific trade deal would allow it to speed up development of advanced manufacturing, supporting up to 10,000 domestic jobs over the next decade.

The announcement comes as President Obama visits Nike headquarters to promote the trade deal known as the Trans-Pacific Partnership, or TPP. Critics have questioned the Beaverton, Ore., backdrop, noting that Nike currently manufactures virtually all of its shoes and apparel in low-wage countries such as Vietnam.

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The Salt
11:58 am
Fri May 8, 2015

Promises, Promises: Is Big Food Marketing Less Junk To Kids On TV?

TV marketing that pushes foods high in salt, sugar and fat to children can put their long-term health at risk, according to past research. So has Big Food changed its ways?
iStockphoto

Originally published on Fri May 8, 2015 12:21 pm

It's not hard to connect the dots between what kids see on TV and what they eat. Advertising works.

And researchers have documented that marketing practices that push items like sugary cereals, salted snacks and fast food put children's long-term health at risk, by promoting unhealthy eating habits.

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The Two-Way
6:42 am
Fri May 8, 2015

223,000 Jobs Added In April; Unemployment Rate Dips To 5.4 Percent

Scott Fast, of Cradle to Career Colorado, talks with Englewood High School students Nick Spence (left) and Russell Windholz during a job readiness seminar hosted by The United Way and America's Promise Alliance in Denver on Thursday.
Brennan Linsley AP

Originally published on Fri May 8, 2015 3:08 pm

Updated at 9:55 a.m. ET

The U.S. economy added 223,000 jobs in April, hewing close to expectations from economists, but the numbers fell short of a threshold that forecasters believe would signal an early rise in interest rates.

The unemployment rate dipped to 5.4 percent, according to data released by the U.S. Labor Department's Bureau of Labor Statistics.

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Business
4:33 am
Fri May 8, 2015

Whole Foods Tries To Shake 'Whole Paycheck' Rep With Cheaper Spinoff

A woman shops at the Whole Foods Market in Woodmere Village, Ohio, on March 27, 2014. The grocery chain has become known for its high-priced food and says its new chain will offer "value prices."
Tony Dejak ASSOCIATED PRESS

Originally published on Fri May 8, 2015 10:51 am

Upscale grocery store chain Whole Foods (often referred to as "Whole Paycheck" because of its high prices) announced this week that it's launching a new offshoot brand — with lower prices — to appeal to younger, millennial shoppers.

Walter Robb, co-CEO of Whole Foods, says it will be a "uniquely branded store concept unlike anything that currently exists in the marketplace" with "value prices ... a modern, streamlined design, innovative technology and a curated selection."

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Economy
4:30 am
Fri May 8, 2015

Recovering From A Rough March, Economy Adds 223,000 Jobs In April

Originally published on Fri May 8, 2015 7:00 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Law
4:20 am
Fri May 8, 2015

LA Lawsuit Alleges Wells Fargo Engaged In Fraudulent Conduct

Originally published on Fri May 8, 2015 6:22 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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STEVE INSKEEP, HOST:

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NPR Story
3:04 am
Fri May 8, 2015

Casinos Bet On Change After Younger Players Ignore 'Boring' Slot Machines

Originally published on Fri May 8, 2015 6:28 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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