Business

The Two-Way
6:38 am
Fri February 6, 2015

Economy Adds 257,000 New Jobs; Unemployment Rate Up Slightly

A construction worker looks down on the site of the Manhattan West project last month in New York. Construction was among the hardest-hit sectors during the worst recession in modern memory.
Mark Lennihan AP

Originally published on Fri February 6, 2015 8:47 am

Updated at 9:50 a.m. ET

Some 257,000 jobs were added to the U.S. economy in January, continuing a 12-month span of growth that saw at least 200,000 jobs added each month, according to the Department of Labor. Even so, in a separate survey released by the department's Bureau of Labor Statistics, the benchmark unemployment rate ticked up slightly to 5.7 percent.

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Planet Money
3:25 am
Fri February 6, 2015

Federally Regulated Banks Begin To Work With States' Pot Businesses

Originally published on Wed February 11, 2015 11:19 am

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

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RENEE MONTAGNE, HOST:

We've been hearing a lot about how hard it is to do banking when the business is selling marijuana.

DAVID GREENE, HOST:

Even though in 23 states, medicinal marijuana is legal.

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Business
3:13 am
Fri February 6, 2015

RadioShack Files For Bankruptcy; Sprint To Share Space With Some Stores

Originally published on Fri February 6, 2015 9:25 am

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

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RENEE MONTAGNE, HOST:

RadioShack has filed for bankruptcy and the company plans to close most of its stores, as NPR's Aarti Shahani reports.

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NPR Story
3:02 am
Fri February 6, 2015

Economists Expect Data To Show A Pullback In Job Creation

Originally published on Fri February 6, 2015 9:25 am

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

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The Salt
5:46 pm
Thu February 5, 2015

Are Farmers Market Sales Peaking? That Might Be Good For Farmers

A customer shops for produce at the Ferry Plaza Farmers Market on March 27th, 2014 in San Francisco.
Justin Sullivan Getty Images

Originally published on Fri February 6, 2015 6:25 am

After more than a decade of explosive growth, sales of local food at U.S. farmers' markets are slowing. A January report from the U.S. Department of Agriculture shows that while more farmers are selling directly to consumers, local food sales at farmers markets, farm stands and through community supported agriculture have lost some momentum.

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Parallels
4:23 pm
Thu February 5, 2015

In 'Red Notice,' Success Draws Treachery, Tragedy In Putin's Russia

Bill Browder crosses Red Square in 2004, at the height of Hermitage Capital Management's success.
James Hill Courtesy of the Browder Family Archives

Originally published on Fri February 6, 2015 10:55 am

William Browder's new book, Red Notice, is named for the type of warrant the Russian government has sought from Interpol in hopes of capturing him.

The hedge fund manager made huge profits with Hermitage Capital Management, a company he started in Russia in 1996. That, he says, drew the attention and machinations of a corrupt group of Russian officials.

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Business
3:52 pm
Thu February 5, 2015

Planning Through Oil Booms Helps Small Producers Weather The Busts

Tracy Perryman is production manager for his family's small oil company in Luling, Texas. B.J.P. Inc. owns 116 wells that, combined, produce about 100 barrels a day.
John Burnett NPR

Originally published on Fri February 6, 2015 8:55 am

Hard times have hit the oil fields. A barrel of West Texas Intermediate crude has dropped from a high of over $100 to less than $50. But Tracy Perryman, a small oilman in Luling, Texas, has learned how to survive the lean times.

Oil companies that take on a lot of debt sometimes don't survive the downturns. But veterans of oil busts have learned how to plan for the inevitable price plunges.

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Business
3:52 pm
Thu February 5, 2015

Sony's Amy Pascal Steps Down In Aftermath Of Cyber Attack

Originally published on Thu February 5, 2015 4:23 pm

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

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All Tech Considered
3:52 pm
Thu February 5, 2015

Anthem Hack Renews Calls For Laws To Better Prevent Breaches

Anthem says 80 million company records were accessed in what may be one of the largest health care data breaches to date.
Aaron P. Bernstein Getty Images

Originally published on Fri February 6, 2015 12:46 pm

The call for more systemic changes to prevent mega-hacks is getting louder after hackers hit Anthem, the nation's second-largest health insurer. The company says cyberthieves gained access to the addresses, employment information and Social Security numbers of 80 million customers and employees.

Eighty million individuals is a lot — it's roughly the populations of California, Texas and Illinois combined.

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Digital Life
3:48 pm
Thu February 5, 2015

FAA Ban Hasn't Stopped Pilots From Snapping Selfies

Originally published on Thu February 5, 2015 5:06 pm

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

Planet Money
3:20 pm
Thu February 5, 2015

Map: The Most Common* Job In Every State

Quoctrung Bui/NPR

*We used data from the Census Bureau, which has two catch-all categories: "managers not elsewhere classified" and "salespersons not elsewhere classified." Because those categories are broad and vague to the point of meaninglessness, we excluded them from our map.

What's with all the truck drivers? Truck drivers dominate the map for a few reasons.

  • Driving a truck has been immune to two of the biggest trends affecting U.S. jobs: globalization and automation. A worker in China can't drive a truck in Ohio, and machines can't drive cars (yet).
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Media
2:35 pm
Thu February 5, 2015

Brian Williams Criticized For Exaggerated Iraq Story

Originally published on Thu February 5, 2015 4:23 pm

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

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Business
2:35 pm
Thu February 5, 2015

RadioShack May Be On Verge Of Collapse

Originally published on Thu February 5, 2015 4:23 pm

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

The Two-Way
10:43 am
Thu February 5, 2015

Amy Pascal Out As Sony Pictures Chairman

Originally published on Thu February 5, 2015 11:25 am

Sony Pictures Entertainment Co-Chairman Amy Pascal, one of Hollywood's longest-serving studio heads and one of its most prominent female executives, is leaving her job, the studio said in a statement.

She will "launch a major new production venture at the studio," the statement said. "Pascal will transition to the new venture in May 2015."

The Hollywood Reporter says that such a transition is "often ... the case with ousted studio heads."

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The Two-Way
6:39 am
Thu February 5, 2015

FDA Commissioner Margaret Hamburg To Step Down

Food and Drug Administration Commissioner Dr. Margaret Hamburg in a photo taken last May. Hamburg, who has been in the top FDA job for nearly six years, will reportedly step down.
J. David Ake AP

Originally published on Thu February 5, 2015 2:56 pm

Updated at 10:23 a.m. ET

FDA Commissioner Dr. Margaret A. Hamburg — who has been at the center of controversial decisions such as relaxing age restrictions on the Plan B contraceptive — has decided to step down after six years in the job.

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NPR Story
3:04 am
Thu February 5, 2015

Brian Williams' Self-Inflicted War Wounds

NBC Nightly News anchor Brian Williams admits that his story of being on a helicopter hit by enemy fire in Iraq in 2003 was untrue and has apologized to troops and viewers.
Monica Schipper Getty Images

Originally published on Fri February 6, 2015 4:09 pm

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Around the Nation
2:03 am
Thu February 5, 2015

Stuck In Traffic? It's Likely To Be Worse In 30 Years, Report Says

Traffic clogs the 101 Freeway in Los Angeles.
Mark Ralston AFP/Getty Images

Originally published on Thu February 5, 2015 11:27 am

Moving from crisis to crisis — for too long that's been America's strategy for dealing with the challenges of an aging transit infrastructure, from roads to bridges to ports. The result is a system that's crumbling and in desperate need of attention, according to a new report from the U.S. Department of Transportation. The massive study both looks at the current state of the country's transportation systems and forecasts the challenges that lie ahead.

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The Two-Way
1:16 am
Thu February 5, 2015

U.N. Agency Sets New Standards For Tracking Aircraft In Flight

Originally published on Thu February 5, 2015 6:11 am

The United Nations' aviation organization is endorsing a new standard meant to keep air traffic authorities and airlines from losing track of a jetliner, such as Malaysia Airlines Flight 370.

That plane disappeared into the Indian Ocean almost a year ago with 239 people on board.

Under the new policy, commercial airliners would be required to transmit their location every 15 minutes and every minute if in distress.

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Technology
3:27 pm
Wed February 4, 2015

FCC Proposal Would Regulate Internet Like A Public Utility

Originally published on Thu February 5, 2015 7:40 am

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

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The Salt
3:11 pm
Wed February 4, 2015

Would You Eat At A Restaurant That Skipped The Hand-Washing?

Hand-washing: one of public health's most powerful weapons, or undue regulatory burden?
iStockphoto

Originally published on Thu February 5, 2015 6:17 am

Apparently, making restaurant workers wash their hands before exiting the bathroom is a sign of regulation gone overboard.

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The Two-Way
2:54 pm
Wed February 4, 2015

Ross Ulbricht, Accused Of Operating Silk Road, Is Convicted Of Drug Charges

In this courtroom drawing, defendant Ross Ulbricht listens to proceedings from the defense table during opening arguments in his criminal trial in New York on Jan. 13. A jury convicted Ulbricht, the man linked to the underground marketplace Silk Road, of seven drug and conspiracy counts on Wednesday.
Elizabeth Williams AP

Originally published on Thu February 5, 2015 10:19 am

A New York jury took a little more than three hours today to convict Ross Ulbricht, the San Francisco man linked to the shadowy online marketplace Silk Road, of seven drug and conspiracy counts.

Prosecutors said the website, which had been labeled the eBay of the drug trade, allowed drug dealers and others to anonymously reach a broader base of customers. The Associated Press adds:

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Business
2:49 pm
Wed February 4, 2015

Staples Takes Another Shot At Buying Rival Office Depot

Originally published on Wed February 4, 2015 5:33 pm

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

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All Tech Considered
2:37 pm
Wed February 4, 2015

Businesses Offer A Link To The Past For Lovers Of Old Video Games

Cameo Stevens, 35, plays Mike Tyson's Punch-Out! at Save Point Video Games in Charlotte, N.C. The market for old video games of the '80s and '90s has seen a surge in recent years.
Ben Bradford WFAE

Originally published on Thu February 5, 2015 3:04 pm

For people of a certain age, the sound of the video game character Mario growing after eating a mushroom brings back great memories.

A generation that played the original Nintendo Entertainment System title and other games as children in the 1980s and 1990s has now grown full-sized, too. And they're returning to the games of their childhood.

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The Two-Way
10:20 am
Wed February 4, 2015

FCC Proposal Would Classify Internet As A Public Utility

Originally published on Wed February 4, 2015 11:53 am

Updated at 1:51 p.m. ET

Tom Wheeler, the chairman of the Federal Communications Commission, has outlined his vision of the Internet, saying his agency should use its authority "to implement and enforce open Internet protections."

In an op-ed piece in Wired magazine, Wheeler writes:

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The Two-Way
5:51 am
Wed February 4, 2015

Staples Says It's Buying Office Depot For $6.3 Billion

Originally published on Wed February 4, 2015 8:52 am

Nearly 20 years after an earlier proposed merger was rejected by U.S. regulators, Staples says it is acquiring Office Depot for $6.3 billion. Combined, the two office supply giants would have annual sales of some $39 billion.

"Staples began discussions to acquire Office Depot in September 2014," the companies said in a news release. "The agreement has been unanimously approved by each company's Board of Directors."

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All Tech Considered
5:03 am
Wed February 4, 2015

FCC Chairman Wheeler Backs Regulating Internet As Public Utility

Federal Communications Commission Chairman Tom Wheeler unveiled his plan in a Wired op-ed on Wednesday. The FCC is scheduled to vote on the proposal Feb. 26.
Karen Bleier AFP/Getty Images

Originally published on Thu February 5, 2015 8:48 am

Updated Feb. 4, 11:52 a.m. ET: Wheeler Outlines His Proposal In Wired.

Today is the day net neutrality watchers had been waiting for, according to numerous reports. After months of debate, discussion and the culling of nearly 4 million public comments on the matter, the Federal Communications Commission appears poised to decide how it will regulate the Internet.

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Environment
4:21 am
Wed February 4, 2015

Hard To Clean Up Wastewater Spills From Oil Wells Into N.D. Stream

Originally published on Wed February 4, 2015 5:40 am

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Business
4:07 am
Wed February 4, 2015

Demanding Higher Wages, Refinery Workers Strike Shell Oil

Originally published on Wed February 4, 2015 5:40 am

Copyright 2015 KUHF-FM. To see more, visit http://www.houstonpublicmedia.org.

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Education
4:05 am
Wed February 4, 2015

Students At Corinthian Colleges Will Have Loans Forgiven

Originally published on Wed February 4, 2015 5:40 am

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

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Energy
3:12 am
Wed February 4, 2015

Keystone XL Pipeline Benefits U.S. And Canada, Alberta Premier Says

Originally published on Wed February 4, 2015 5:40 am

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

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