Business

Business news

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Transcript

ROBERT SIEGEL, HOST:

Copyright 2016 NPR. To see more, visit NPR.

Transcript

ROBERT SIEGEL, HOST:

Copyright 2016 Fresh Air. To see more, visit Fresh Air.

Transcript

TERRY GROSS, HOST:

Some 20 carmakers have committed to making automatic emergency braking systems a standard feature on virtually all new cars sold in the U.S. by 2022, according to a new plan from the National Highway Traffic Safety Administration and the Insurance Institute for Highway Safety.

Automatic brakes are designed to stop a vehicle before it collides with a car or another object. Experts say that making them standard could prevent as much as 20 percent of accidents.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Transcript

MARY LOUISE KELLY, HOST:

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

In a major concession to critics and animal welfare groups, SeaWorld Parks & Entertainment Inc. says it will stop breeding captive killer whales.

SeaWorld's treatment of its killer whales, or orcas, was put in the spotlight three years ago by Blackfish, a documentary that examined the death of SeaWorld trainer Dawn Brancheau, who was killed by an orca named Tilikum. Since then, in a steady campaign on social media, critics have demanded SeaWorld end its orca breeding program.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Transcript

MARY LOUISE KELLY, HOST:

Free food - that's a pretty compelling pitch, right? But giving away free food can at times be surprisingly difficult. Noel King from our Planet Money team recently visited a place that's having this very problem.

Doctors have long disputed the accusation that the payments they receive from pharmaceutical companies have any relationship to how they prescribe drugs.

There's been little evidence to settle the matter, until now.

A ProPublica analysis has found that doctors who receive payments from the medical industry do indeed prescribe drugs differently on average than their colleagues who don't. And the more money they receive, the more brand-name medications they tend to prescribe.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Transcript

MARY LOUISE KELLY, HOST:

Prompted by a letter signed by more than 20 academy members of Asian descent, the Academy of Motion Picture Arts and Sciences apologized for offensive jokes about Asians during the awards ceremony.

"Thank you for taking the time to voice your concerns about our 88th Oscar show, which are valid. We appreciate your perspective and take your points very seriously. It certainly was never the Academy's intent to offend anyone," the letter read, in part.

For some, the apology was hollow.

Federal Reserve policymakers said Wednesday that the U.S. economy is chugging along at a decent pace with an improving job market.

Still, they fear risks from "global economic and financial developments."

So given that balance of good news and growing risks, the Federal Open Market Committee decided to take no action on the target range for the federal funds rate at the close of its two-day meeting.

The Federal Communications Commission is proposing, for the first time, privacy regulations for Internet service providers. The goal is to let consumers weigh in on what information about them gets collected and how it's used.

As they connect us to the Internet, ISPs have insight into our lives — websites we frequent, apps we download or locations we visit — and may use that data for their own promotions or sell it to data brokers to be used for marketing or other purposes.

It's been called "perhaps the most contentious issue in the food industry": Should food products be labeled to indicate they contain genetically modified ingredients?

How Do You Start Mapping Unmapped Streets?

Mar 16, 2016

Google Street View allows people to virtually walk through places from the Aeon Mall in Okinawa, Japan, to historic sites like Petra in Jordan without leaving their homes.

But type in Dar es Salaam, Tanzania, and you won't see anything. That's because the city is basically off the Google grid, as are many locations in developing countries.

A joint effort between the World Bank's Dar Ramani Huria and Swedish startup Mapillary aims to change that.

Aetna and Cigna inked deals last month with drug maker Novartis that offer the insurers rebates tied to how well a pricey new heart failure drug works to cut hospitalizations and deaths. If the $4,500-a-year drug meets targets, the rebate goes down. Doesn't work so well? The insurers get a bigger payment.

In another approach, pharmacy benefit firm Express Scripts this year began paying drug makers a special negotiated rate for some cancer drugs. The goal is to reward the use of medicines that are most effective for certain cancers.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Transcript

RENEE MONTAGNE, HOST:

The Sony Corporation has announced it will pay Michael Jackson's estate $750 million for Jackson's 50 percent share of the Sony/ATV music publishing company.

The backstory here has more twists and shouts than a long and winding road (Couldn't resist, but note that the rights to both "Twist and Shout" and "The Long and Winding Road" belong to Sony/ATV). Sony's purchase marks the culmination of one of the most remarkable stories in the history of the music business.

Apple says the government "attempts to rewrite history" with its request for help unlocking an iPhone of one of the San Bernardino shooters by stretching the law far wider than the Constitution and the lawmakers have intended.

"The Founders would be appalled," Apple wrote in its last court filing before it squares off against the government in federal court in California at a hearing on March 22.

The Obama administration is reversing a plan to allow oil drilling in the Atlantic Ocean, after an uproar from local communities over environmental concerns.

"We heard from many corners that now is not the time to offer oil and gas leasing off the Atlantic coast," Interior Secretary Sally Jewell said.

Georgia Public Broadcasting's Emily Jones tells our Newscast unit that this is a reversal from a draft proposal issued in January 2015:

As a Youngstown native, I have come to expect this.

Every presidential election year, candidates flock to Youngstown, Ohio, to use my hometown as a political backdrop.

It's a great place to talk about job losses. Steel mills used to line the Mahoning River for miles, churning out tens of thousands of jobs. Those jobs drove the city's population from 33,000 in 1890 to 170,000 in 1930. My grandparents came from Poland and Hungary to join in that boom.

In the mid-20th century, Youngstown became known for its union jobs and high levels of home ownership.

Ahead of President Obama's landmark trip to Cuba later this month, the U.S. is loosening sanctions regulations against Cuba.

The changes make it easier for U.S. citizens to travel to the island and allow nonimmigrant Cubans who are in the U.S legally to earn salaries.

"Normalization means not just normalization between governments, it means normalization of our relationship with the Cuban people. And that is what this change really aims to advance," Deputy National Security Adviser Ben Rhodes told reporters as he announced the changes.

By now, you probably know that Americans waste a lot of food.

Each year, an estimated 133 billion pounds of food that farmers grow never makes it to our plates. That's enough to fill 44 skyscrapers. And tons of it ends up in landfills, where it emits methane, a greenhouse gas.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Transcript

RENEE MONTAGNE, HOST:

The insurance industry has a lot of open positions, and it's scrambling to fill them. It's targeting millennials, but many simply don't consider insurance as a potential career — or think it's boring. A recent survey from The Hartford showed that just 4 percent of millennials interviewed were interested in insurance is a career.

For more than a generation, politicians have been on notice that political opponents would hold them accountable through deep dives into their records — a practice called oppo research.

This election cycle, candidates for the White House also have found themselves trying to dodge a buzz saw: BuzzFeed.

Spending on prescription drugs in the U.S. rose 5.2 percent in 2015, driven mostly by increased costs of expensive specialty medications to treat conditions such as rheumatoid arthritis, according to data from the largest manager of employers' drug benefits.

Spending on specialty medications rose 18 percent, while spending on standard prescription drugs rose less than one percent, according to a new report by Express Scripts. The report is based on the prescription drug spending for the company's 80 million covered patients.

Over the past month, millions of YouTube viewers have watched what happens when a U.S. manufacturer announces a move to Mexico.

Click on the unsteady cellphone video, shot at a factory that makes air conditioning, heating and related equipment in Indianapolis, and you will see workers listening to a man in a suit.

He's telling them that their paychecks are headed to Mexico.

"I want to be clear, this is strictly a business decision," the man says.

Selection Sunday is over. The field is set. Let the gambling begin.

People all across the country are poring over the NCAA basketball tournament bracket, hoping to correctly pick which of the 64 teams will advance through the tournament to the Sweet Sixteen, the Elite Eight, the Final Four, and then, finally, the championship game.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Transcript

ROBERT SIEGEL, HOST:

Pages