Business

The Two-Way
6:57 am
Thu May 16, 2013

Conflicting Signals From Latest Economic Indicators

Thursday morning's economic news:

-- There were 360,000 first-time claims for unemployment insurance last week, up 32,000 from the week before, the Employment and Training Administration says. At 360,000, the pace was the fastest since the last week of March. But it remained well below the 400,000-and-higher rate that lasted from mid-2008 into 2011.

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Business
2:33 am
Thu May 16, 2013

Researchers Don't 'Wine' About The Cold, Their Grapes Thrive

Originally published on Thu May 16, 2013 3:58 am

Transcript

DAVID GREENE, HOST:

Minnesota. Vermont. South Dakota. OK. These are not states people normally associate with fantastic wine - or wine at all, for that matter. Grapes didn't always ripen in the state's short growing season. And even when they did, the grapes were better suited for jelly and juice. Their musty taste left little to really desire in a glass of wine.

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Television
2:24 am
Thu May 16, 2013

Is TV's Traditional Business Model Broken?

Originally published on Thu May 16, 2013 3:55 am

The broadcast networks are in New York this week pitching their fall TV shows to advertisers. David Greene talks with reporter Kim Masters, of The Hollywood Reporter, about the new shows and indications the industry is in decline. Masters also hosts The Business on member station KCRW.

Business
2:24 am
Thu May 16, 2013

The Last Word In Business

Originally published on Thu May 16, 2013 4:17 am

NASA has announced that the three astronauts on the International Space Station were first to watch Star Trek Into Darkness. It opens in theaters on earth Thursday.

Around the Nation
2:24 am
Thu May 16, 2013

Federal Forecasters To Juggle Active Hurricane Season With Sequester

Originally published on Thu May 16, 2013 11:13 am

Transcript

DAVID GREENE, HOST:

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Business
2:24 am
Thu May 16, 2013

Business News

Originally published on Thu May 16, 2013 4:03 am

The House Agriculture Committee on Wednesday approved a sweeping farm bill that would trim the $80 billion-a-year food stamp program. The panel rebuffed Democratic efforts to keep the program whole, as debate on the farm bill turned into a theological discourse on helping the poor.

All Tech Considered
3:32 pm
Wed May 15, 2013

A New 'Smart Rifle' Decides When To Shoot And Rarely Misses

A TrackingPoint rifle features a high-tech scope that includes a laser rangefinder and a Wi-Fi server.
Courtesy of TrackingPoint

Originally published on Thu May 16, 2013 9:14 am

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The Record
2:39 pm
Wed May 15, 2013

Google Launches A Streaming Music Service

Chris Yerga, engineering director for Android at Google Inc., speaks at the company's I/O Annual Developers Conference in San Francisco on Wednesday.
David Paul Morris Bloomberg via Getty Images

Originally published on Thu May 16, 2013 4:19 pm

The competition for your ears — and dollars — just got a little tougher. On Wednesday, Google launched a paid music subscription service that will put it in direct competition with other streaming services like Spotify and Pandora. The announcement may just be the beginning for Google.

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Business
2:06 pm
Wed May 15, 2013

Airlines Can Keep You From Snapping, But Not Sharing Photos

Originally published on Wed May 15, 2013 5:39 pm

A recent incident on a commercial airliner raises an interesting question: can an airline bar you from taking pictures on their plane?

The Salt
1:30 pm
Wed May 15, 2013

Can Star Power Make New Orleans' Food Deserts Bloom?

Wendell Pierce, the actor and co-owner of Sterling Farms grocery store, chats with Dwight Henry, who will be making doughnuts and buttermilk drops in the store.
David Grunfeld The Times-Picayune /Landov

Originally published on Thu May 16, 2013 7:59 pm

Plenty of celebrities leverage their star power to raise awareness of complicated food issues. Some of the biggest names include Michelle Obama, Jamie Oliver, Prince Charles and Paul McCartney.

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The Two-Way
12:49 pm
Wed May 15, 2013

Walmart Has Its Own Plan To Help Bangladesh Garment Workers

A Wal-Mart store in Paramount, Calif. The company announced it would conduct its own inspections at Bangladeshi factories that produce its goods rather than joining an agreement with other Western retailers.
Frederic J. Brown AFP/Getty Images

Originally published on Wed May 15, 2013 1:30 pm

Wal-Mart says it has drafted its own plan for improving safety at garment factories in Bangladesh rather than join other Western retailers in a legally binding agreement to pay for improved conditions for workers in the South Asian country.

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The Two-Way
7:55 am
Wed May 15, 2013

Cup Of Joe With Apple CEO Goes For $610,000

An anonymous bidder has offered $610,000 to have coffee with Apple CEO Tim Cook, in a charity auction that closed Tuesday afternoon.
Mark Lennihan AP

It turns out that the desire to speak with Apple CEO Tim Cook, along with $610,000, will buy you a cup of coffee. That's the winning bid offered in a charity auction for up to an hour of Cook's time.

As we reported last month, the chance to grab coffee with Cook at Apple's headquarters zoomed past the suggested value of $50,000 set at the Charitybuzz auction site, rising to more than $600,000 in just three days.

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The Two-Way
5:21 am
Wed May 15, 2013

Book News: Justice Department Says Apple Led Price-Fixing Ring

Former Apple CEO Steve Jobs at the 2011 Apple World Wide Developers Conference in San Francisco. He died later that year.
Justin Sullivan Getty Images

Originally published on Wed May 15, 2013 6:54 am

The daily lowdown on books, publishing, and the occasional author behaving badly.

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Business
4:28 am
Wed May 15, 2013

'Revolutions' Unfold Within Oil Industry

In the stodgy world of global oil, we don't hear the term revolution tossed around very often. But oil analysts are watching dramatic change take place on the supply side of the industry. Things like where the oil is coming from and who is buying it.

Business
4:19 am
Wed May 15, 2013

Grad Students Tracks His Online Moves, Looks To Sell Data

Everyone is tracked by marketers online. Federico Zannier wants to sell his information.
myprivacy.info

Originally published on Thu May 16, 2013 7:50 am

You know you're being tracked by marketers online. But instead of fighting it, a grad student in New York decided to sell his personal data directly.

It wasn't hard to get hold of Federico Zannier. His phone number and email are right on his website. For a couple of bucks, I could have learned a lot more about him.

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Business
4:19 am
Wed May 15, 2013

Budget Deficit Outlook Improves Since February

Copies of President Obama's budget plan for fiscal 2014 are prepared for delivery at the U.S. Government Printing Office in Washington in April. The Congressional Budget Office has sharply cut the outlook for the federal deficit.
J. Scott Applewhite AP

Originally published on Wed May 15, 2013 9:22 am

As the economy improves, the federal budget deficit is growing dramatically smaller. The Congressional Budget Office has sharply revised its estimates from just a few months ago, knocking off $200 billion in red ink for the current fiscal year. Some temporary factors are being cited for the projected improvement.

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The Changing Lives Of Women
4:04 am
Wed May 15, 2013

Stay-At-Home Dads, Breadwinner Moms And Making It All Work

Dawn Heisey-Grove hands off Zane to Jonathan after a midday feeding. The couple were both working full time when Jonathan lost his job as a graphic designer two years ago.
Kainaz Amaria/NPR

Originally published on Thu May 16, 2013 7:21 pm

The next time you see a father out shopping with his kids, you might need to check your assumptions.

"I'll get the, 'Oh, look, it's a dad! That's so sweet!' "says Jonathan Heisey-Grove, a stay-at-home father of two young boys in Alexandria, Va., who is pretty sure the other person assumes he's just giving Mom a break for the day. In fact, he's part of a growing number of fathers who are minding the kids full time while their wives support the family and who say societal expectations are not keeping up with their reality.

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U.S.
1:30 am
Wed May 15, 2013

Budget Woes Mean Big Delays For Small Claims Courts

Members of the Save Our Courts coalition rally outside the Los Angeles County Courthouse in March. The county will soon cut the number of courthouses handling small claims cases from 27 to six.
Damian Dovarganes AP

Originally published on Fri May 17, 2013 3:14 am

Across the country, cash-strapped state and local governments are not just cutting services — they're also cutting access to courts. The tip of the iceberg may be small claims courts.

These courts, dealing with disputes involving small sums of money, are the workhorses of the judicial system. There are thousands of such courts across the country, but perhaps nowhere are they being cut more dramatically than in California.

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The Two-Way
2:47 pm
Tue May 14, 2013

Huge Boost In U.S. Oil Output Set To Transform Global Market

IEA chief Maria van der Hoeven, seen in a 2011 photo, said that North American production has set off a "supply shock that is sending ripples throughout the world."
AFP AFP/Getty Images

Originally published on Tue May 14, 2013 3:48 pm

U.S. oil production is rising sharply and increased output from shale will be a "game changer" in global energy markets in the coming years, according to a new report out Tuesday by the International Energy Agency.

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Business
2:17 pm
Tue May 14, 2013

U.S. Battling Other Countries To Be Cheapest Source Of Goods

Originally published on Tue May 14, 2013 5:15 pm

Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

There is a global race on, an odd one. Countries are competing to be the cheapest source of goods. We're not talking about low-wage countries, like China or Bangladesh. No. This is a battle between Japan and Germany and the United States. And today, the Bureau of Labor Statistics revealed the latest scores in this race.

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The Two-Way
1:42 pm
Tue May 14, 2013

Holder Defends Subpoena Of Journalists' Phone Logs

Attorney General Eric Holder says he recused himself last year from a national security leak probe in which prosecutors obtained the phone records of Associated Press journalists.
Chip Somodevilla Getty Images

Originally published on Tue May 14, 2013 3:42 pm

Attorney General Eric Holder has defended the Justice Department's actions in secretly obtaining journalists' phone records as part of a probe into leaks of classified material, but said he himself had nothing to do with the subpoena.

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News
10:23 am
Tue May 14, 2013

Whatever Happened To The Economy?

The economy is still a big issue, but Washington isn't doing much about it.
Paul J. Richards AFP/Getty Images

Originally published on Tue May 14, 2013 12:36 pm

Remember the economy?

The election year was dominated by talk about jobs and the economy, but neither the administration nor Congress seems to have any grand ideas for jump-starting a still sluggish recovery — and they're not even talking about it much.

President Obama sought to turn attention back to economic issues with a speech last week in Texas on manufacturing, but that's already long since been forgotten. A cascade of scandals has driven the issue entirely off the Washington radar.

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Money Coach
10:11 am
Tue May 14, 2013

Why Should We Care About The Stock Market?

Originally published on Tue May 14, 2013 10:26 am

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Coming up, by now, you've probably heard about so-called Tiger Moms and Dads. That term refers to Asian-American parents who allegedly keep their cubs on a tight leash and demand academic excellence. Now we're learning more about whether that parenting style really works. We'll talk about that in just a few minutes.

But first we want to talk about something you've probably heard about, even

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Business
2:49 am
Tue May 14, 2013

Business News

Originally published on Tue May 14, 2013 11:19 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with the possible breakup of Sony.

(SOUNDBITE OF MUSIC)

Business
2:49 am
Tue May 14, 2013

The Last Word In Business

Originally published on Tue May 14, 2013 11:19 am

Transcript

DAVID GREENE, HOST:

Our last word in business today is: Bluth's Frozen Banana Stand.

(SOUNDBITE OF TV SHOW, "ARRESTED DEVELOPMENT")

JEFFREY TAMBOR, ACTOR: (as George Bluth Sr.) There's always money in the banana stand. Don't touch me.

GREENE: The fictional banana stand was part of a running joke on the TV program "Arrested Development." and for short time it is a reality in New York City.

STEVE INSKEEP, HOST:

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Politics
2:49 am
Tue May 14, 2013

Lawmakers Call For Hearings On IRS Scandal

Originally published on Tue May 14, 2013 11:19 am

Transcript

DAVID GREENE, HOST:

This IRS scandal has given Republicans an unexpected opportunity to chide the Obama administration. And it comes as the GOP was resurrecting questions about how top Washington officials, including the president, handled the attacks on a U.S. diplomatic compound in Benghazi, Libya last year.

NPR's David Welna has more on the latest political firestorm.

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Business
2:49 am
Tue May 14, 2013

How Long Will Fed Chief Lead Federal Reserve?

Originally published on Tue May 14, 2013 11:19 am

Transcript

STEVE INSKEEP, HOST:

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Politics
2:49 am
Tue May 14, 2013

IRS Controversy Revives Questions About Tax-Exempt Issues

Originally published on Tue May 14, 2013 11:19 am

Transcript

DAVID GREENE, HOST:

It's MORNING EDITION from NPR News. Good morning, I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

We're going to spend some time this morning, examining tax examiners at the IRS. The Internal Revenue Service is under fire for paying extra attention to conservative groups that were seeking tax exempt status. The groups had names suggesting they were linked with the Tea Party.

GREENE: Now, social welfare organizations can claim tax exemptions, political groups are treated differently.

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The Salt
1:27 am
Tue May 14, 2013

Michigan Apple Orchards Blossom After A Devastating Year

Apple Blossoms
Amy Irish-Brown

Originally published on Tue May 14, 2013 6:20 pm

Last year, almost the entire Michigan apple crop was lost because of 80-degree days in March and then some freezing April nights. This year, the apples are back, but everything always depends on the weather. The state was under a freeze warning Sunday night — a scary prospect if you're an apple grower and your trees have just come into bloom.

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Law
1:25 am
Tue May 14, 2013

Justice Department Secretly Obtains AP Phone Records

The screen on the phone console at the reception desk at The Associated Press Washington bureau.
Jon Elswick AP

Originally published on Tue May 14, 2013 11:19 am

The Associated Press is protesting what it calls a massive and unprecedented intrusion into its gathering of news. The target of that wrath is the U.S. Justice Department, which secretly collected phone records for several AP reporters last year. The AP says it's caught in the middle of a Justice Department leak investigation.

The scope of the Justice Department subpoenas is what gives David Schultz, a lawyer for AP, pause.

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