Business

Business
3:00 am
Fri July 11, 2014

Hottest Burger In Britain Burns 2 Journalists

Originally published on Fri July 11, 2014 6:01 am

Two journalists from a newspaper in Brighton, England, went to the hospital after sampling the Hot Chili Burger. The heat is in the sauce, which is rated about 3,000 times hotter than Tabasco sauce.

Planet Money
1:31 am
Fri July 11, 2014

When Ikea Raises Its Minimum Wage, Where Does The Money Come From?

Flickr user: dahlstroms

Originally published on Fri July 11, 2014 1:04 pm

Ikea, a company famous for keeping its costs down, recently announced that it would raise the average minimum wage for its retail workers to $10.76 an hour. Why would the company volunteer to pay its workers more?

"By taking better care of our coworkers," says Rob Olson, the acting president of Ikea U.S., "they will take better care of our customers, who will take better care of Ikea. We see it as a win-win-win opportunity."

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Business
2:59 pm
Thu July 10, 2014

Picketing Truckers Raise Tensions At LA Port Amid Dockworker Talks

Picketers supporting independent truck drivers at the ports of Los Angeles and Long Beach stand outside a container terminal.
Kirk Siegler NPR

Originally published on Thu July 10, 2014 5:04 pm

Labor tensions are high at the largest port complex in the country — Los Angeles and Long Beach — which handles nearly half of all the cargo coming into the United States.

Short-haul truck drivers are striking. They're the independent, contract truckers who bring the containers off the ships to nearby warehouses for companies like Wal-Mart and Costco. At the twin ports, their numbers hover around 10,000.

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All Tech Considered
2:08 pm
Thu July 10, 2014

A New Device Lets You Track Your Preschooler ... And Listen In

KizON went on sale in South Korea this week, with North America and Europe to follow later this year. Its price has not yet been announced.
LG

Originally published on Thu July 10, 2014 4:51 pm

I was always thankful that my parents didn't "leash me" at the mall or grocery store when I was a child — but you'll never guess what parents can strap on their kids nowadays.

LG Electronics introduced a device Wednesday called the KizON. Meant for those in preschool and primary school, it's essentially a kid-tracking wristband.

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The Two-Way
1:15 pm
Thu July 10, 2014

Eileen Ford, Creator Of The Supermodel, Dies At 92

Eileen Ford with two of her famous models, Cheryl Tiegs (left) and Cristina Ferrare, in New York in 1983. Ford died on Wednesday at age 92.
Marty Lederhandler AP

Originally published on Thu July 10, 2014 5:58 pm

Eileen Ford, who is credited with inventing the modern modeling business and in the process launching the careers of supermodels such as Lauren Hutton, Christie Brinkley and Naomi Campbell, has died at 92.

A spokeswoman who handles public relations for Ford Models confirmed Wednesday's death, which follows a fall Ford took last week at her New York apartment.

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The Two-Way
11:23 am
Thu July 10, 2014

Samsung Faces Allegation That A Chinese Supplier Used Child Labor

Electronics giant Samsung is facing allegations that a supplier in China used child labor to meet the company's production targets.
Michael Conroy AP

Originally published on Fri July 11, 2014 1:14 pm

One of electronics giant Samsung's suppliers in China used child labor to meet the South Korean company's production targets, a labor watchdog said in a report Thursday.

New York-based China Labor Watch says the Shinyang Electronics factory in Dongguan, China, hired child labor and underage student workers, altering "the strictness of hiring practices in order to adapt to Samsung's demands."

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Around the Nation
4:57 am
Thu July 10, 2014

Detroit Shuts Off Water As It Tries To Collect Millions Owed

Originally published on Thu July 10, 2014 9:30 am

Transcript

STEVE INSKEEP, HOST:

Let's follow up now on the water war in Detroit. So far this year, the water utility has shut off the spigots to 17,000 customers. It wants people to do pay their overdue bills. Many residents are upset with how the city is doing this and ask if some are getting special treatment. Here's Sarah Cwiek of Michigan Radio.

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Politics
4:52 am
Thu July 10, 2014

Contraceptive Ruling Becomes Campaign Trail Flashpoint

Originally published on Thu July 10, 2014 9:30 am

Transcript

RENEE MONTAGNE, HOST:

Democrats in the Senate have unveiled legislation to override the recent Supreme Court decision on contraceptives.

STEVE INSKEEP, HOST:

In that decision, the court sided with the owners of Hobby Lobby, a chain of craft stores, ruling that many businesses do not have to pay for health insurance to cover contraceptives if they object on religious grounds.

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Asia
3:35 am
Thu July 10, 2014

China's Booming Real Estate Market Finally Begins To Slide

Villas in a luxury compound in Wuxi, in China's eastern Jiangsu province, sit empty after a year while more apartment blocks rise in the distance.
Frank Langfitt NPR

Originally published on Thu July 10, 2014 9:38 am

After years of stunning growth, China's go-go real estate market is now in retreat.

Prices fell last month in 79 out of 100 cities, according to the China Real Estate Index run by SouFun Holdings, a real estate website. Land sales dropped nearly 30 percent this spring from a year earlier.

Real estate has been one of the engines driving the world's second-largest economy, which is why economists in China and around the world are watching the market closely these days.

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Business
3:01 am
Thu July 10, 2014

Fed May End Bond-Buying Program In October

Originally published on Thu July 10, 2014 9:30 am

Transcript

STEVE INSKEEP, HOST:

Business
3:01 am
Thu July 10, 2014

Rejoice! Chocodiles Are Back

Originally published on Thu July 10, 2014 9:30 am

Transcript

RENEE MONTAGNE, HOST:

And our last word in business today is Chocodile.

STEVE INSKEEP, HOST:

The Chocodile is part of an American comeback story. Hostess, the snack food company that makes the legendary yellow spongy Twinkie, was saved from bankruptcy last year.

MONTAGNE: In June, the company got a new CEO, and this week, it announced the return of the Chocodile.

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Business
3:01 am
Thu July 10, 2014

Flood Plan Leaves Clarksville, Mo., Residents On Their Own

Originally published on Thu July 10, 2014 9:30 am

Transcript

STEVE INSKEEP, HOST:

Heavy rains have led to flooding all across the Midwest in recent days in Iowa, in Illinois and in the small town of Clarksville, Missouri, which sits on the Mississippi River. The river is expected to crest there today, and residents hope the walls they've built will hold. Here's Amanda Vinicky of member station WUIS.

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Business
3:01 am
Thu July 10, 2014

Owed Billions By Venezuela, Airlines Cut Back On Flights There

Originally published on Thu July 17, 2014 9:16 am

Transcript

RENEE MONTAGNE, HOST:

Booking a flight to Venezuela has become nearly impossible. Many airlines have recently cut back on service to a country rich in oil but troubled economically. Tim Padgett of member station WLRN in Miami explains.

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The Two-Way
4:58 pm
Wed July 9, 2014

An Actor, A University And A Famous Name Lead To A Lawsuit

John Wayne went by "Duke" nearly all his life, but that's not the name that appeared on his driver's license.
AP

What do you think of when you hear the name Duke? That question is at the heart of a legal dispute between Duke University and the estate of John Wayne.

Fans of the late film star will recall that he went by the nickname "Duke," which his biographers have pointed out he picked up in childhood from a dog. (He preferred it to his real first name, which was Marion).

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All Tech Considered
4:38 pm
Wed July 9, 2014

What Burritos And Sandwiches Can Teach Us About Innovation

When there's no bun involved, is it a sandwich? The KFC Double Down is bacon and cheese sandwiched between two pieces of chicken.
Sandra Mu Getty Images

Originally published on Fri July 11, 2014 8:08 am

When you slap some meat inside two slices of bread, you have a sandwich, at least according to the U.S. Department of Agriculture, which enforces the safety and labeling of meat and poultry.

"We're talking about a traditional closed-face sandwich," says Mark Wheeler, who works in food safety at the USDA. "A sandwich is a meat or poultry filling between two slices of bread, a bun or a biscuit."

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The Salt
3:35 pm
Wed July 9, 2014

Is Foster Farms A Food Safety Pioneer Or A Persistent Offender?

Foster Farms set up new procedures to deal with salmonella contamination after the USDA threatened to shut down its plants last fall.
Justin Sullivan Getty Images

Originally published on Wed July 9, 2014 5:19 pm

Foster Farms, a chicken producer in California, just can't seem to stop bleeding bad news.

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Asia
2:11 pm
Wed July 9, 2014

The Ballad Of The 13-Year-Old North Korean Capitalist

Originally published on Wed July 9, 2014 8:39 pm

Transcript

ROBERT SIEGEL, HOST:

In North Korea, private businesses are illegal - or at least they're technically illegal. People aren't supposed to buy and sell stuff to each other, but they do it anyway. NPR's Zoe Chace, of our Planet Money team, has this story of a young North Korean woman who knew a business opportunity when she saw it, and had no qualms about pursuing it. One word - socks.

ZOE CHACE, BYLINE: She's just 23 years old. Easily excited, she wears makeup, a bright pink dress, likes to speak a little bit of English.

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War On Poverty, 50 Years Later
5:41 am
Wed July 9, 2014

Class Helps Unwed Dads Navigate Ohio's Mom-Friendly Systems

Originally published on Wed July 9, 2014 7:43 am

About a quarter of U.S. families are now headed by a single mother.

That means a lot of children without a father in the home, and in some cases, fathers not having much contact with their children.

Research shows a long list of possible problems linked to fathers not being involved in their kid's lives — including poor performance in school, behavioral issues, drug and alcohol abuse and poverty.

To tackle these, Richland County, Ohio, is trying to get fathers more involved.

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Business
5:24 am
Wed July 9, 2014

Kickstarter Tater Salad Fund Is No Small Potatoes

Originally published on Wed July 9, 2014 6:01 am

Within days of asking for a total of $10 to crowdsource his first potato salad, Ohioan Zack Brown raised tens of thousands of dollars. Apparently he'll be making a lot of potato salad.

Business
4:20 am
Wed July 9, 2014

Global Boom In Asset Prices Leads To Worries About Market Bubbles

Originally published on Wed July 9, 2014 7:38 am

Renee Montagne talks to David Wessel of the Brookings Institution about the debate over whether the Federal Reserve should raise interest rates to avoid a potential asset bubble.

Business
4:18 am
Wed July 9, 2014

Record Recalls May Not Necessarily Hurt Auto Industry

Originally published on Wed July 9, 2014 6:01 am

Automakers recalled 37.5 million vehicles in the first six months of 2014. That's more cars and trucks recalled than in any prior year. GM led the way but other companies also picked up the pace.

Business
2:13 pm
Tue July 8, 2014

For A Business Built 'On Bended Knee,' Hobby Lobby Ruling Is A Boon

Originally published on Tue July 8, 2014 4:19 pm

Transcript

ROBERT SIEGEL, HOST:

To the politics of religion and the Supreme Court now, and last week's decision in the Hobby Lobby case. The court cleared the way for closely held businesses, whose owners have religious objections to contraceptives, to cut coverage from their employee health plans. And since the court ruled, businesses have been doing just that. NPR's Wade Goodwyn spoke with a couple of company leaders about their decisions.

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Shots - Health News
2:12 pm
Tue July 8, 2014

Will This Tech Tool Help Manage Older People's Health? Ask Dad

Lively is a sensor that can be attached to a pill box, keys or doors. It lets people know whether aging parents are taking their medicines or sticking to their routines.
Courtesy of Lively

Originally published on Wed July 9, 2014 9:39 am

Aging 2.0 may not sound like the hippest start-up in San Francisco, but it's part of an industry worth $2 billion and growing fast — technology to help older adults.

Katy Fike, 35, is the company's co-founder. She's devoted to making sure that older adults who are supposed to use the products are involved in their development.

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Code Switch
1:09 pm
Tue July 8, 2014

Miami Stores Enjoy Thriving Business From Cuban Shoppers

Serafin Blanco's discounted clothing store in Hialeah advertises its cheap deals. Cuban customers take their purchases back to Cuba to give to relatives or to sell, Blanco says.
Greg Allen NPR

On the map, it's right next to Miami. But culturally speaking, Hialeah, Fla., is just as close to Havana. And now, more than ever, Cubans are flocking to Hialeah to shop, taking advantage of the relaxed travel restrictions.

"There are more Cubans here than any place besides Cuba," says Serafin Blanco, who owns a discount clothing store there.

Through these shopping expeditions, Cuba's emerging entrepreneurs can buy goods their customers need and can't find in their country — legally skirting the 50-year-old trade embargo.

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Shots - Health News
9:12 am
Tue July 8, 2014

Complaint Says Insurance Plans Discriminate Against HIV Patients

HIV/AIDS drugs like AZT are lifesavers for many people. But insurers' policies on paying for the drugs vary widely.
Will & Deni McIntyre Science Source

Four Florida insurers allegedly discriminate against people with HIV/AIDS by structuring their prescription drug benefits so that patients are discouraged from enrolling, according to a complaint filed by health advocacy groups.

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NPR Ed
8:38 am
Tue July 8, 2014

How A Text Message Could Revolutionize Student Aid

Could students soon text their way to financial aid?
iStockPhoto

Originally published on Tue July 8, 2014 11:53 am

Every year, more than a million students don't complete the FAFSA — the main federal student-loan application.

One big reason? The form is so complicated that it discourages some people from even trying.

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Business
7:51 am
Tue July 8, 2014

Self-Described Optimist Taylor Swift On The Future Of Music

Transcript

STEVE INSKEEP, HOST:

We're going to profile the musician Sia in a moment. But first we have a little music economics courtesy of Taylor Swift. The pop superstar wrote an op-ed for The Wall Street Journal yesterday about the future of the music industry.

RENEE MONTAGNE, HOST:

She's optimistic, despite the industry's tumultuous business landscape. According to Swift, however, the value of an album is based on the amount of heart and soul an artist has bled into a body of work.

Business
5:25 am
Tue July 8, 2014

Firm Reimage Itself To Avoid Confusion With Extremist Group

Originally published on Tue July 8, 2014 7:51 am

Transcript

RENEE MONTAGNE, HOST:

And today's last word in Business is the end of Isis. No, not that Isis.

STEVE INSKEEP, HOST:

To avoid any confusion with the militant group that's been making news with that same name - a mobile payment company called Isis is planning to rename itself.

MONTAGNE: In a memo yesterday, the company's CEO acknowledged that rebranding is not easy, but it is in the company's best interest.

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Science
5:03 am
Tue July 8, 2014

Can't Stand Meetings? Try Taking Away The Chairs

Standing even for part of a meeting could engage your team in more productive collaboration, researchers say.
pixdeluxe/Getty Getty Images

Originally published on Tue July 8, 2014 9:49 am

The secret to more productive meetings? You might simply need to stand up.

This we know, to some degree. Just take as examples the growing popularity of standing desks, which took off after a flurry of reports found that sitting for long periods of time can significantly, negatively, impact employees' health.

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NPR Ed
5:03 am
Tue July 8, 2014

The Collapse Of Corinthian Colleges

Originally published on Wed July 16, 2014 8:39 am

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