Business

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.

Read more
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.

Read more
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.

Read more
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.

Read more
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).

Read more
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."

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
NPR Ed
5:03 am
Tue July 8, 2014

The Collapse Of Corinthian Colleges

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

Read more
Business
4:57 am
Tue July 8, 2014

Judge Preliminarily Approves NFL Concussion Settlement

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

Transcript

: You're listening to MORNING EDITION from NPR News.

STEVE INSKEEP, HOST:

Business
4:53 am
Tue July 8, 2014

London Netflix Office Searches For Qualified Couch Potato

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

Transcript

RENEE MONTAGNE, HOST:

Good morning. I'm Renee Montagne. A new study of traffic congestion finds, in the U.S., Honolulu has the worst, followed by Los Angeles. In Europe, Londoners spend more than 83 hours a year in traffic.

But one lucky person could cut that down dramatically. The London Netflix office is hiring a tagger - someone to watch Netflix titles and categorize them as drama or cult sports movies - a job involving a commute to the couch. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

Around the Nation
3:01 am
Tue July 8, 2014

Goods Sold In Cuban Shops Often Come From Florida Stores

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

Transcript

STEVE INSKEEP, HOST:

In recent weeks we've been reporting on changes in Cuba. One is Cuba's small but growing private sector. The government is letting entrepreneurs open their own businesses, which leaves many trying to find the goods their customers want. The U.S. trade embargo means you can't just order from a distributor in Florida. But Cubans can still get U.S. goods. NPR's Greg Allen visited stores in the Miami suburb of Hialeah.

GREG ALLEN, BYLINE: On the map, it's right next to Miami. But culturally speaking, Hialeah is just as close to Havana.

Read more
Business
2:13 am
Tue July 8, 2014

Truckers Strike At 2 Calif. Ports, Larger Labor Dispute Looms

Originally published on Tue July 8, 2014 8:04 am

Independent truck drivers at the ports of Los Angeles and Long Beach are on strike against three large trucking firms that operate at the ports.

Handling almost half of all the nation's cargo, the ports of Los Angles and Long Beach are the main gateway for imports from Asia.

A lot of the shipping containers end up on these idling trucks. The short-haul truckers bring the goods from here to nearby rail yards and distribution centers for companies like Costco, Forever 21 and Skechers.

"We're in this to win," says truck driver Byron Contrerras.

Read more
Parallels
1:35 am
Tue July 8, 2014

As Wire Transfer Options Dwindle, Somali-Americans Fear A Lost Lifeline

A money changer sits behind piles of banknotes in Hargeisa in Somaliland, an autonomous, relatively peaceful region in northern Somalia. The self-declared nation of Somaliland, like Somalia itself, lacks a formal banking system, and residents rely on hawaladars to receive money from abroad.
Simon Maina AFP/Getty Images

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

Somali-Americans may soon find it harder to provide economic support to their homeland: One of the last banks to facilitate cash transfers to Somalia is getting out of the business.

As the East African country faces a potential drought and famine this summer, those cash transfers might grow even more important. That's why the Somali-American community in Minnesota — the largest in the U.S. — is lobbying Washington to find a way to keep the cash lifeline intact.

Read more
Business
1:33 am
Tue July 8, 2014

Paintballing The Boss: Office Team-Building Exercises Gone Bad

A team-building exercise involving marshmallows and knives is led by Create-Learning. This is relatively tame compared with some co-worker bonding activities.
Clark Dever Courtesy of Create-Learning

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

Who can forget that game of Twister played in a skirt? Or the failed "trust fall" where the boss ends up on the ground?

Office team-building exercises often create lasting memories — just not necessarily ones you want to remember.

Several years ago Ben Johnson worked at a health foods store in Iowa. He remembers store management stringing up a donkey piñata to pump up the workers.

Read more
All Tech Considered
2:47 pm
Mon July 7, 2014

From Pen And Paper To 3-D, Look Who's Challenging Google Maps

A 3-D map of London by Nokia's mapping division, called Here.
Here

Originally published on Tue July 8, 2014 7:47 am

When it comes to creating a digital map of the world, you may think of Google workers driving around in high-tech cars mounted with cameras — snapping photos of everything.

But Robert Scott walks the streets of London jotting down address numbers with nothing more than a pen and a piece of paper.

Read more
The Salt
2:39 pm
Mon July 7, 2014

Couple Revives Lost Moroccan Fig Liquor, One Bottle At A Time

Bottles of mahia in the Nahmias et Fils distillery.
Alex Schmidt for NPR

Originally published on Mon July 7, 2014 5:56 pm

Before the crowds descend on the Whisky Jewbilee, a kosher alcohol tasting event in Manhattan, David and Dorit Nahmias stand behind their vendor table, getting psyched up.

"This is like the big game," Dorit Nahmias says.

Events like these are a key tool for getting the word out about their tiny distillery, and the Nahmiases attend half a dozen of them per year. The product they're trying to sell is one few people have heard of: mahia. Dorit rehearses her pitch:

Read more

Pages