Business

Business
3:13 am
Tue August 20, 2013

JPMorgan Chase faces Growing Legal Problems

Originally published on Tue August 20, 2013 4:25 am

On Monday, The Wall Street Journal reported the Justice Department is investigating the bank over improper energy trading. That follows the news that the anti-bribery unit of the Security and Exchange Commission is looking into whether JPMorgan hired the children of Chinese officials to help win business.

Business
3:13 am
Tue August 20, 2013

British Firm Tries Out Virtual Receptionist

Originally published on Tue August 20, 2013 5:20 am

Shanice is about to start her job as the receptionist at a new local government office in London. She also happens to be a hologram. Officials say that at a cost of $19,000, she's much cheaper than a living and salaried alternative.

Business
3:13 am
Tue August 20, 2013

SEC Bans Falcone From Trading For 5 Years

Originally published on Tue August 20, 2013 3:40 am

Transcript

DAVID GREENE, HOST:

Back in this country, a major hedge fund manager, Philip Falcone and his company, Harbinger Capital Partners, have agreed to pay $18 million to settle charges over the improper use of his company's money.

As NPR's Richard Gonzales reports, Falcone is also barred from the securities industry for five years.

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Business
3:13 am
Tue August 20, 2013

Money Flows Into Egypt, But Where Does It Come From?

Originally published on Tue August 20, 2013 4:46 am

The aid propping up both sides of Egypt's ongoing political crisis largely comes from regional rivals. Saudi Arabia leads the financial support of Egypt's military rulers. Qatar leads the support of the Muslim Brotherhood. Renee Montagne talks to Max Rodenbeck, Middle East correspondent for The Economist, about funding sources

Business
3:13 am
Tue August 20, 2013

Rocky Road Predicted For Egypt's Stock Exchange

Originally published on Tue August 20, 2013 5:15 am

The Egyptian Exchange was shut down at the end of last week as protests and violence raged in Cairo and elsewhere. It re-opened on Sunday, but trading hours were shortened to give employees more time to get home before curfew. Many foreign investors reportedly pulled out of the exchange earlier this year.

Business
3:13 pm
Mon August 19, 2013

Some Investors Choosing U.S. Over Emerging Markets

Originally published on Mon August 19, 2013 4:58 pm

Transcript

AUDIE CORNISH, HOST:

For a long time, investors aiming for city profits have maintained that the smart money was on emerging markets. Economic growth in Brazil, Russia, India and China, the BRIC countries as they're known, has outstripped opportunities in the U.S. But in recent months, there is evidence that trend is starting to change. NPR's Yuki Noguchi reports investors are turning back to markets in the U.S. and other developed economies.

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All Tech Considered
12:46 pm
Mon August 19, 2013

The End Of Buttons: The New Gesture-Control Era

BlackBerry smartphones on a table during a "BlackBerry Brunch" in June in Berlin.
Timur Emek Getty Images

Originally published on Mon August 19, 2013 4:58 pm

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Parallels
9:34 am
Mon August 19, 2013

The U.S. Defense Contractors That Benefit From Aid To Egypt

An Egyptian Apache helicopter flies over a crowd of pro-military demonstrators at Tahrir Square in Cairo on July 26. U.S. firms supply military hardware to the military, including the Apache helicopters.
Ed Giles Getty Images

Originally published on Mon August 19, 2013 2:48 pm

For decades, Egypt has been one of the largest recipients of U.S. foreign military aid, receiving everything from F-16s to tear gas grenades.

So who are the companies reaping the benefits?

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The Two-Way
7:58 am
Mon August 19, 2013

University Pages: LinkedIn Launches New College Profiles

The new University Pages on LinkedIn show which businesses employ a college's graduates, and the sectors of the economy in which they work.
LinkedIn

The professional connections site LinkedIn is launching a new section of its social network Monday: University Pages targets younger users who want to connect with colleges. More than 200 schools now have profile pages, according to LinkedIn. As part of the new effort, the company also dropped its minimum age to 14 in the U.S.

The new college profiles allow prospective students to see how many of a school's graduates are on LinkedIn, as well as a breakdown of the main fields in which they work. The pages also list the top employers of alumni.

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Law
2:52 am
Mon August 19, 2013

N.Y. Art Dealer Faces Charges In Forgery Case

Originally published on Mon August 19, 2013 4:52 am

Long Island art dealer Glafira Rosales is scheduled to be arraigned Monday on charges of money laundering and wire fraud. Prosecutors say Rosales was involved in selling $80 million worth of counterfeit Modernist paintings that turned out to be the work of one anonymous painter.

Business
2:52 am
Mon August 19, 2013

Consider Wedding Insurance To Get Hitched Without A Hitch

Originally published on Mon August 19, 2013 4:52 am

The average cost of an American wedding cost more than $28,000 last year. Travelers insurance is now offering wedding insurance. There's coverage for failed wedding pictures, the caterer goes out of business, gifts go missing, etc.

Business
2:52 am
Mon August 19, 2013

Post Hurricane Sandy: Architects Face Increased Legal Risks

Originally published on Mon August 19, 2013 4:52 am

It's been nearly 10 months since Superstorm Sandy hit the Northeast — and coastal communities are still trying to rebuild. Many homeowners are turning to building professionals to reduce the risk of future floods. But in doing so, architects and designers may be exposing themselves to legal risk.

Business
2:52 am
Mon August 19, 2013

JPMorgan Chase's Hiring Practices In Asia Probed

Originally published on Mon August 19, 2013 4:52 am

The Securities and Exchange Commission reportedly has opened a bribery investigation into whether JPMorgan Chase hired the children of powerful Chinese officials to help the bank win lucrative business. JPMorgan says it is fully cooperating with investigators.

Health Care
2:52 am
Mon August 19, 2013

How To Get 'Young Invincibles' To Sign Up For Obamacare

Originally published on Mon August 19, 2013 4:52 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION, from NPR News. Good morning. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

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Business
2:52 am
Mon August 19, 2013

Inexpensive CNC Machines Turn Students Into Manufacturers

Originally published on Mon August 19, 2013 4:52 am

Manufacturing is increasingly being done with robotic power tools that cost tens of thousands of dollars. They're known as CNC or computer-numerical-control machines. A California company is making low-cost CNC machines that will help in the classroom.

Shots - Health News
1:06 am
Mon August 19, 2013

You Ask, We Answer: More Of Your Questions About The Affordable Care Act

From left, Garrett Berntsen, Jennifer Majer and William Shields compare notes at The Johns Hopkins University School of Advanced International Studies in Washington, D.C. Twenty-somethings have new choices under Obamacare.
Heather Rousseau NPR

Originally published on Mon August 19, 2013 9:06 am

The Oct. 1 launch of the new health insurance exchanges is now less than two months away, and people are starting to pay attention to the changes these new marketplaces may bring to the nation's health care system.

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Around the Nation
3:07 pm
Sun August 18, 2013

Cars In America: Is The Love Story Over?

Classic cars of all makes and models drive the 16-mile stretch along Woodward Avenue during the annual Dream Cruise in 2009 in Ferndale, Mich. During the annual event, the glory days of car culture return, if only for a day.
Jerry S. Mendoza AP

Originally published on Mon August 19, 2013 3:29 pm

Almost as soon as they started rolling off the assembly lines, automobiles became synonymous with freedom. And in the post-World War II boom our relationship with cars intensified.

It was about horsepower, status, being American, and for young people: rebellion. For generations cars inspired countless songs, books and movies. But now there are signs that our car culture is losing some of its shine.

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The Two-Way
2:24 pm
Sun August 18, 2013

U.S. Investigators Launch Probe Of JPMorgan Chase In China

The office of the locally incorporated JPMorgan Chase Bank in Beijing.
AFP/Getty Images

Originally published on Sun August 18, 2013 2:49 pm

The Securities and Exchange Commission has launched an investigation of JPMorgan Chase's operations in China, reportedly looking into whether the investment bank hired the children of high-ranking Chinese government officials in an effort to secure business.

The Wall Street Journal quotes from an SEC filing that says U.S. regulators are investigating "business relationships with certain clients."

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Your Money
4:41 am
Sun August 18, 2013

Why The Government Blocked The Airline Merger

Originally published on Sun August 18, 2013 2:07 pm

Transcript

(SOUNDBITE OF MUSIC)

RACHEL MARTIN, HOST:

This is WEEKEND EDITION from NPR News. I'm Rachel Martin.

Last week, the Justice Department put the breaks on a deal that could create the world's largest airline. The government has blocked a proposed merger between American Airlines and US Airways with a lawsuit. The action elicited some surprise because the airline industry has had a major run of mergers in recent years.

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All Tech Considered
4:32 pm
Fri August 16, 2013

Switching To Gmail May Leave Reporters' Sources At Risk

In the digital world, almost everything you do to communicate leaves a trace. Often, emails are stored on servers even after they're deleted. Phone calls create logs detailing which numbers connected, when and for how long. Your mobile phone can create a record of where you are.

If you're a journalist trying to protect a confidential source, this is a very difficult world to work in.

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Business
3:03 pm
Fri August 16, 2013

Internet-Based TV Service May Not Change The Cable Market

Originally published on Fri August 16, 2013 4:22 pm

The race to create a viable Internet-based TV service is on, and the contestants include the biggest names in computer technology: Apple, Microsoft, Intel and Google. Sony has apparently reached a deal — as preliminary — with Viacom to carry the company's cable channels on its planned web TV service.

Business
3:03 pm
Fri August 16, 2013

Why Do Cargo Planes Have Spottier Safety Records?

Originally published on Fri August 16, 2013 4:22 pm

Audie Cornish talks with Alan Levin, a Bloomberg News reporter covering aviation safety and the Federal Aviation Administration, about cargo plane safety and why cargo plane accidents appear to be increasing worldwide

Politics
9:24 am
Fri August 16, 2013

What's Making Headlines Outside Of Washington?

Congress has gone home for its annual August recess, so Tell Me More takes a look at headlines in places across the country. Guest host Celeste Headlee talks with Mike Leary from the San Antonio Express-News and Dana Coffield of The Denver Post.

Business
3:45 am
Fri August 16, 2013

Stock Market Falls As U.S. Economy Does Better

Originally published on Fri August 16, 2013 4:14 am

The stock market has lost about 3.5 percent of its value since the beginning of the month. For insight into why the decline, David Greene talks to David Wessel, economics editor of The Wall Street Journal.

Television
3:45 am
Fri August 16, 2013

Time Warner Cable Customers Miss Out On CBS

Originally published on Fri August 16, 2013 4:34 am

For two weeks, customers with Time Warner Cable in New York, Los Angeles and Dallas have been unable to watch CBS with their cable box. Time Warner and CBS disagree over how much the cable company should be paying the television network for transmitting its shows.

Business
3:45 am
Fri August 16, 2013

'Headless' Headline Writer Gets The Ax

Originally published on Mon August 19, 2013 2:43 pm

Transcript

DAVID GREENE, HOST:

And let's go to our last word in business now, which is: Headless Headline Writer Gets The Ax.

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Business
3:27 am
Fri August 16, 2013

Ford Lowers Mileage Rating On C-Max Hybrid

Originally published on Fri August 16, 2013 3:45 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with an EPA crackdown.

(SOUNDBITE OF MUSIC)

GREENE: Ford Motor Company will reduce the fuel economy sticker on its new C-Max hybrid to 43 miles per gallon, down from its earlier estimate of 47.

As Michigan Radio's Tracy Samilton reports, the change has generated a new review of fuel economy testing standards.

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The Salt
12:52 am
Fri August 16, 2013

Why This Year's Blueberry Bounty Has Growers Feeling Blue

Picker Erika Nicolas Garcia, 18, fills her pail at a blueberry farm near Hillsboro, Ore.
Anna King Northwest Public Radio

Originally published on Fri August 16, 2013 8:52 am

The blueberries on your morning cereal are less expensive this year. That's because farmers are harvesting a bumper crop this summer. It's good news for berry lovers, but the bounty might wreck some blueberry growers.

In Richland, Wash., Genoa Blankenship pops open the lid on a box of blueberries. Her three young children struggle to stop wiggling. Blankenship loves the idea of healthy snacks that are easy to take along to soccer practice.

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The Salt
4:14 pm
Thu August 15, 2013

Can Quinoa Farming Go Global Without Leaving Andeans Behind?

A man cleans quinoa grain in Pacoma, Bolivia.
Juan Karita AP

Originally published on Fri August 16, 2013 1:53 pm

I ate quinoa-and-turkey chili in a cafeteria today, which, when you think about it, is pretty amazing. Rarely does an entire culture, almost overnight, adopt an entirely new food.

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Economy
3:11 pm
Thu August 15, 2013

Fears Of A Diminished Stimulus Send Stock Market Falling

Originally published on Thu August 15, 2013 3:43 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

AUDIE CORNISH, HOST:

And I'm Audie Cornish. The stock market usually likes good news about the economy, but that's not always the case. This morning, stocks opened down sharply just after the government announced a surprisingly large drop in initial claims for unemployment benefits. In fact, claims fell to the lowest level since before the recession and the Dow Jones Industrials ended the day down 225 points, a decline of 1.5 percent.

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