Business

Business
3:16 am
Fri May 31, 2013

Moto X: First Smartphone To Be Assembled In U.S.

Originally published on Fri May 31, 2013 6:34 am

Transcript

RENEE MONTAGNE, HOST:

Now let's go to Texas for another follow-up - where Motorola Mobility's new smartphone, Moto X, is set to become the first smartphone ever assembled in the U.S.

As Lauren Silverman of member station KERA reports, the Google-owned company has already begun hiring for its new plant in Fort Worth.

LAURA SILVERMAN, BYLINE: There are more than 130 million smartphones in the U.S. But none of them say assembled in the USA. When Motorola debuts its Moto X this summer, it will be the first.

Read more
Business
3:16 am
Fri May 31, 2013

10-Year Strike Against Chicago Hotel Ends

Originally published on Fri May 31, 2013 6:34 am

Transcript

RENEE MONTAGNE, HOST:

In Chicago, one of the longest labor strikes in U.S. history has finally come to an end. Hospitality workers at the Congress Plaza Hotel have put down their picket signs after almost 10 years.

But as Susie An reports from member station WBEZ, getting back on the job may not be so easy now that the strike is done.

Read more
Europe
3:16 am
Fri May 31, 2013

Mired In Recession, EU Eases Some Austerity Measures

Originally published on Mon June 3, 2013 1:39 pm

Transcript

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

This is MORNING EDITION from NPR News. I'm Renee Montagne.

While there are many signs that the American economy is picking up steam, in much of the European Union, the opposite is true. Austerity programs aimed at reducing national debts have been blamed for crushing growth and sending unemployment in the eurozone nations to a record high of 12 percent.

Read more
Parallels
1:19 am
Fri May 31, 2013

Battling Deforestation In Indonesia, One Firm At A Time

This photo shows a heavily logged concession affiliated with Asia Pulp and Paper, or APP, one of the world's largest papermakers, on the Indonesian island of Sumatra, in 2010.
Romeo Gacad AFP/Getty Images

Originally published on Fri May 31, 2013 6:57 pm

On the Indonesian island of Sumatra, a backhoe stacks freshly cut trees to be made into pulp and paper. Asia Pulp and Paper, or APP, is Indonesia's largest papermaker, and the company and its suppliers operate vast plantations of acacia trees here that have transformed the local landscape.

Read more
Poisoned Places: Toxic Air, Neglected Communities
3:54 pm
Thu May 30, 2013

Baton Rouge's Corroded, Overpolluting Neighbor: Exxon Mobil

An evening view of the Exxon Mobil oil refinery complex in Baton Rouge, La.
John W. Poole NPR

Originally published on Fri June 21, 2013 7:50 am

If you stand in front of Almena and Sidney Poray's house in Baton Rouge, La., and look straight down the street, past the other houses and the shade trees, you see more than a dozen plumes of exhaust in various hues of gray and white.

"That's something you see every day, the same thing if not more," says Almena Poray. "Sometimes it's a darker gray; sometimes it's a black smoke coming out."

Read more
Business
3:09 pm
Thu May 30, 2013

Kellogg's Agrees To Settlement In Frosted Mini-Wheats Suit

Robert Siegel speaks with Tim Blood, managing partner of the law firm Blood, Hurst & O'Reardon, about the class-action suit accusing Kellogg's of making false claims in its Frosted Mini-Wheats advertisements, as well as other cases he's pursued. Blood talks about what kind of people file these suits, and why.

The Salt
3:02 pm
Thu May 30, 2013

No, Frosted Mini-Wheats Won't Make Your Kids Smarter

YouTube

Originally published on Thu May 30, 2013 3:23 pm

  • Hear Robert Siegel's Interview With Attorney Tim Blood

Read more
Business
2:33 pm
Thu May 30, 2013

Retired Gen. David Petraeus Heads To Wall Street

Retired Gen. David Petraeus, former CIA chief, speaks at the University of Southern California in Los Angeles on March 26. Petraeus announced Thursday that he was joining the private equity firm KKR.
Reed Saxon AP

Originally published on Thu May 30, 2013 4:32 pm

Retired Gen. David Petraeus is headed to Wall Street where he will join Kohlberg Kravis Roberts, a firm that invests globally in everything from real estate to coffee to biotech.

Over nearly four decades in the military, Petraeus traveled the world on diplomatic and intelligence missions. Even then, he says in a video posted Thursday on KKR's website, he occasionally viewed these trips through an investor's lens.

Read more
Business
2:33 pm
Thu May 30, 2013

Drive-Ins Soon Face Hollywood's Digital Switch

Many drive-ins and mom and pop theaters will soon have to make the switch from film to digital after putting it off because of the high cost of new projectors.
John Kuntz The Plain Dealer/Landov

Originally published on Thu May 30, 2013 3:48 pm

Pull into the Bourbon Drive-In just off U.S. Highway 68 near Paris, Ky., and it's like stepping back in time. Patricia and Lanny Earlywine own the 7-acre drive-in. It's been connected to the family since the theater opened in 1956. Even the popcorn machine is original.

"To do a drive-in, it sort of gets in your blood. You have to love it," Patricia says.

Read more
The Two-Way
1:02 pm
Thu May 30, 2013

Ubuntu Marks 'Bug No. 1' As Fixed, After Nearly Nine Years

Since it was first filed in August of 2004, Ubuntu's Bug #1 attracted many comments. With comment number 1834, Mark Shuttleworth declared the issue fixed today.
Launchpad

In the more than eight years since it was written, the open-source operating system Ubuntu's "Bug #1" has been seen as a rallying call. After all, the bug's title is "Microsoft has a majority market share."

But the entry was officially closed Thursday, partly because the "broader market has healthy competition" as Ubuntu leader Mark Shuttleworth writes in his comments on closing the bug today.

Read more
The Two-Way
6:56 am
Thu May 30, 2013

New Data Confirm The Economy Isn't Growing As Fast As Hoped

Originally published on Thu May 30, 2013 8:57 am

The U.S. economy grew at a 2.4 percent annual rate in the first quarter, the Bureau of Economic Analysis reported Thursday morning.

That basically confirms what the agency said a month ago, when it released its initial estimate for gross domestic product growth in the quarter. Then, it reported the economy had expanded at a 2.5 percent pace.

Read more
Animals
4:25 am
Thu May 30, 2013

Ga. Center Takes Pets When Families Have To Evacuate

Originally published on Thu May 30, 2013 6:19 am

Transcript

RENEE MONTAGNE, HOST:

Even as parts of the U.S. are being devastated by tornadoes, hurricane season it just beginning - officially this Saturday. One of the toughest decisions for people when a storm is approaching is whether to evacuate. Pets add to that dilemma, since most shelters don't accept animals. Georgia Public Broadcasting's Adam Ragusea tells us about a new evacuation center that's trying to change that.

Read more
Business
4:25 am
Thu May 30, 2013

Investors Approve Empire State Building IPO

Originally published on Thu May 30, 2013 6:19 am

Transcript

DAVID GREENE, HOST:

If you've ever wanted to own a piece of the Empire State Building, I guess now is your chance. The building's investors have approved a plan to turn the iconic New York high-rise into a publicly-traded company. This could mark the end of a bitter struggle over the buildings future.

Here's NPR's Dan Bobkoff.

Read more
Asia
4:25 am
Thu May 30, 2013

Examining China's Investment Record In U.S. Companies

Originally published on Thu May 30, 2013 6:19 am

How many Chinese companies have already bought U.S. businesses? David Greene talks to Dexter Roberts, Beijing bureau chief for Bloomberg Businessweek, about Chinese investment in the U.S.

Politics
4:25 am
Thu May 30, 2013

Select Senators Stall Budget Process

Originally published on Thu May 30, 2013 6:18 am

Transcript

DAVID GREENE, HOST:

OK. The nomination we just heard about involves reaching across the aisle. That's not something we hear much about. When it comes to the federal budget, if it feels like we haven't heard about the budget in a while, there's a reason for that. The process is stalled. Back in March, the House and Senate passed vastly different spending plans. In theory, the next step would be a conference committee to hash out the differences, but a handful of senators are blocking that from happening.

Read more
Business
4:25 am
Thu May 30, 2013

Business News

Originally published on Thu May 30, 2013 6:18 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a Texas smartphone.

(SOUNDBITE OF MUSIC)

NPR Story
3:58 am
Thu May 30, 2013

The Last Word In Business

Originally published on Thu May 30, 2013 6:19 am

Amazon asked subscribers of its video-streaming service to do the jobs usually left to focus groups and executives. The company released 14 pilot TV shows, then looked at customer reviews and view counts. Amazon announced five pilots have been approved for a full season.

The Salt
1:07 am
Thu May 30, 2013

Will Chinese Firm Bring Home The Bacon With Smithfield Deal?

Smithfield Foods, makers of ham products under a variety of brand names, is being purchased by Chinese food maker Shuanghui International for $4.72 billion.
AP

Originally published on Thu May 30, 2013 7:38 am

There were questions Wednesday about whether U.S. regulators will approve the takeover of Smithfield Foods Inc., the company that sells all-American hams, hot dogs and bacon, by China's Shuanghui International.

Read more
The Salt
1:05 am
Thu May 30, 2013

GMO Wheat Found In Oregon Field. How Did It Get There?

Genetically modified wheat has been discovered growing in a field in Oregon. GMO wheat is not approved for sale in the U.S. Above, a wheat field in Arkansas.
Danny Johnston AP

Originally published on Mon June 3, 2013 12:03 pm

A farmer in Oregon has found some genetically engineered wheat growing on his land. It's an unwelcome surprise, because this type of wheat has never been approved for commercial planting.

The U.S. Department of Agriculture says it's investigating, trying to find out how this wheat got there. The USDA says there's no risk to public health, but wheat exporters are worried about how their customers in Asia and Europe will react.

Read more
Dollar For Dollar: Adventures In Investing
1:02 am
Thu May 30, 2013

How A Trip To Costco Can Work As An Investment Strategy

A recent trip to Costco cost NPR's Uri Berliner $303.53. The haul included razor blades, cans of soup and tuna fish, laundry detergent, heartburn relief medicine and dog treats. As an investment, it will pay off if he uses what he bought — and if the price tag for the same items is higher if he returns in a year.
Mary-Elizabeth Berliner

Originally published on Thu May 30, 2013 6:19 am

NPR's Uri Berliner is taking $5,000 of his own savings and putting it to work. Though he's no financial whiz or guru, he's exploring different types of investments — alternatives that may fare better than staying in a savings account that's not keeping up with inflation.

Read more
Monkey See
1:00 am
Thu May 30, 2013

As Trailers Eat Up Movie Time, Theaters And Studios Squabble Over Shortening Them

iStockphoto.com

Originally published on Fri May 31, 2013 12:18 am

Here's a question: If you go to the movies and the scheduled showtime is, say, 7:30, when do you actually expect the movie to start? If you said 7:30, you go to very unusual screenings. If you said 7:45, you're closer to what many experience. If you said 7:50, you're still in range: There's often some advertising other than trailers, the limit for trailer length is 2 1/2 minutes, and theaters sometimes run seven or eight trailers. Eight would add up to 20 minutes.

Read more
All Tech Considered
3:49 pm
Wed May 29, 2013

Fixing Your Online Reputation: There's An Industry For That

What a potential employer finds when researching an applicant online can make or break a job opportunity.
iStockphoto.com

Originally published on Thu May 30, 2013 5:21 am

This year, nearly 1.7 million students will graduate from college. Many of them are engaged in a new ritual of the digital age: cleaning up and polishing their online profiles. The demand is so great an entire industry has sprung up to help.

According to numerous surveys, the vast majority of hiring managers routinely Google potential job candidates. And what they see on that first page of search results matters — a lot. Just ask Pete Kistler, who was a college junior when he started applying to a bunch of computer software firms, looking for a summer job.

Read more
Business
2:11 pm
Wed May 29, 2013

Smithfield Deal Highlights China's Reliance On U.S. Farmers

Originally published on Wed May 29, 2013 5:18 pm

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel. Smithfield Foods, one of the country's biggest meat producers is being sold to a Chinese company, the price $4.7 billion. If approved by regulators, this will be the biggest acquisition in history of a U.S. corporation by a Chinese company. NPR's Jim Zarroli reports.

Read more
Business
2:11 pm
Wed May 29, 2013

Online Currency Exchanges Hide Traces Of Money As It Moves

Originally published on Wed May 29, 2013 5:18 pm

Transcript

MELISSA BLOCK, HOST:

If Al Capone were alive today, this is how he would be hiding his money. Those words yesterday from the head of the criminal investigation division at the IRS. He was talking about Liberty Reserve, an online currency exchange now accused of operating a $6 billion money-laundering operation. It's believed to be the largest online money-laundering case in history.

Read more
Media
2:10 pm
Wed May 29, 2013

Two Newspapers Battle It Out For The New Orleans Market

Free introductory copies of the Baton Rouge Advocate's new New Orleans edition are seen next to copies of The Times-Picayune at Lakeside News in the New Orleans suburb of Metairie in September. The Baton Rouge newspaper started its own daily edition to try to fill the void left when The Times-Picayune scaled back its print edition to three days a week.
Gerald Herbert AP

Originally published on Fri May 31, 2013 12:26 pm

Last year when New Orleans' main paper, The Times-Picayune, laid off dozens of newspaper employees and cut its circulation to three times a week, residents were shocked.

Sharron Morrow and her friends had bonded over the morning paper at a local coffee shop for the past 20 years.

"I've stopped my subscription, and I mourn the paper almost every day," she says.

Shifting Media Players

Read more
Business
1:21 pm
Wed May 29, 2013

What's Under Youngstown May Help What's On Top

By leasing land for drilling, city leaders in Youngstown, Ohio, hope to generate funds to demolish vacant buildings.
M.L. Schultze for NPR

Originally published on Wed May 29, 2013 5:18 pm

A century ago, when fiery steel mills were roaring to life in Youngstown, Ohio, builders were racing to put up homes, storefronts, barbershops and more.

Today, many of those buildings sit empty and rotting. With the mills mostly gone and the population down 60 percent from 1960, to just 67,000, the city needs millions of dollars to tear down roughly 4,000 vacant structures.

Read more
The Two-Way
11:41 am
Wed May 29, 2013

Nasdaq Agrees To $10M Penalty For Handling Of Facebook IPO

A year ago, before the initial public offering of stock, Nasdaq and Facebook were quite excited.
Emmanuel Dunand AFP/Getty Images

Originally published on Wed May 29, 2013 11:55 am

One year after Facebook's troubled initial public offering, the Securities and Exchange Commission announced Wednesday that it has "charged Nasdaq with securities laws violations resulting from its poor systems and decision-making ... [and that] Nasdaq has agreed to settle the SEC's charges by paying a $10 million penalty."

Read more
The Two-Way
10:52 am
Wed May 29, 2013

Tempest Over A Teapot: JC Penney Removes 'Hitler' Billboard

Photos of a JC Penney billboard in Culver City, Calif., spurred an online debate over whether the tea kettle resembles German tyrant Adolf Hitler.
Imgur, via KPCC

Originally published on Wed May 29, 2013 4:45 pm

After receiving complaints that a billboard advertisement included an image resembling Adolf Hitler, JC Penney has reportedly taken the sign down. The move came after images of the billboard in California's Culver City spurred a controversy on Reddit and elsewhere online. The retailer says any resemblance to the late leader of the Third Reich was unintended.

Read more
Beauty Shop
9:26 am
Wed May 29, 2013

Is Motherhood Killing Wall Street Careers?

Originally published on Wed May 29, 2013 9:45 am

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. Coming up: if you are at all interested in matters of health and spirituality, then you have probably heard the name Deepak Chopra. Well, it turns out there is another one like him at home. His brother Sanjiv Chopra is an accomplished physician in his own right, but he chose a different course for his life. We'll talk with both of them together about their new joint memoir, "Brotherhood: Dharma, Destiny, and the American Dream." That is later in this program.

Read more
The Salt
8:49 am
Wed May 29, 2013

Personalized Coca-Colas, But Not If Your Name Is Mohammed Or Maria

Originally published on Thu May 30, 2013 9:53 am

Remember the disappointment you felt as a kid at the souvenir shop when that personalized key chain wasn't available in your name? For me, it was never finding "Allison" with two L's. My colleague Maria says she was always stuck with "Mary" as her only option.

Facebook fans of Coca-Cola's new "Share a Coke" campaign are having similar frustrations. As part of its new campaign, which recently launched in Europe, the soda giant is printing popular first names on labels of Coke, Diet Coke and Coke Zero.

Read more

Pages