A Tesla Model S drives outside the Tesla factory in Fremont, Calif., on June 22. The electric car was named Automobile of the Year by <em>Automobile</em> <em>Magazine</em> and Car of the Year by <em>Motor Trend</em>.
A decision by India's Supreme Court to reject Novartis AG's bid to patent a version of one cancer drug could lead to more exports of cheap medicine from that country to "poor people across the developing world," the BBC writes.
NPR's Julie McCarthy tells our Newscast Desk that the ruling, announced Monday, ends a six-year legal battle that has been closely watched by pharmaceutical firms, humanitarian aid organizations and generic drug manufacturers.
And today's last word in business is one of this year's contenders for highest profile April Fools joke.
The video-sharing website YouTube announced yesterday it's shutting down.
DAVID GREENE, HOST:
In a video message, YouTube executives said that the whole site was actually designed as an eight-year contest to find the best video on the web. Well, eight years are up. And now panel of experts, the company said, will spend the next decade watching everything uploaded on the site to choose a winner.
The U.S. Environmental Protection Agency could soon issue a final ruling that aims to force oil companies to replace E10, gasoline mixed with 10 percent ethanol, with E15.
This move could come just as widespread support for ethanol, which is made from corn, appears to be eroding.
Mike Mitchell was once a true believer in ethanol as a homegrown solution to foreign oil imports. He owns gas stations, and he went further than most, installing expensive blender pumps that let customers choose E15, E20 and all the way up to E85.
If you're just joining us, you're listening to WEEKENDS on ALL THINGS CONSIDERED from NPR News. I'm Laura Sullivan.
Quick trivia question: Name a global superpower technology company, that is the world's biggest seller of smartphones headed by a charismatic CEO surrounded by a cult of personality. I'm guessing most of you just said Apple, right? You would be wrong. The answer is Samsung.
Online retailer Amazon has acquired Goodreads. It's a popular site where people who love to read exchange reviews and recommendations about books. As NPR's Lynn Neary reports, Amazon now has a powerful new tool for enhancing its customers' ability to find out about books they might want to buy.
When fortunes rise in the housing industry — as they currently are — it tends to lift sales for other businesses, too. Home construction, sales and prices are all improving. And according to many analysts, the market is gaining steam.
For nearly two decades, Scott Gillis has owned his own moving company, Great Scott Moving in Hyattsville, Md. Moving high season is just around the corner, which means Gillis is hiring.
Most people instinctively avoid conflict, but Margaret Heffernan says good disagreement is central to progress. She argues the best partners aren't echo chambers, and how great teams, relationships and businesses allow people to deeply disagree.
Higher gasoline prices, though, were much of the reason for the rise. According to the bureau, if spending is adjusted for inflation the increase was a more modest 0.3 percent — the same as in January. And higher energy costs were behind most of the inflationary pressures last month.
The social website Goodreads, where readers share reviews and book picks, got picked up yesterday by online retail giant Amazon. The price hasn't been disclosed. The co-founder of Goodreads says after the sale closes next quarter, the site will be integrated with Amazon's Kindle eReader. Goodreads has about 16 million members. Transcript provided by NPR, Copyright NPR.
And our last word in business today is a takedown of everyone's favorite giant radioactive reptile.
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MONTAGNE: That pop-culture monster, Godzilla, hatched nearly 60 years ago in a Japanese movie production studio.
DAVID GREENE, HOST:
He stomped through cities battling other giant creatures, from Mothra to King Kong. Well, now The Wall Street Journal reports that Godzilla has been vanquished. His box office attendance records, at least, has been beaten.
The leaders of five giant economies gathered in South Africa this week for a summit. The group is known as the BRIC nations - that would be Brazil, Russia, India and China. Now South Africa is sometimes in the group, which puts the S in BRICS. The meeting and the grouping are largely an effort to counterbalance what many in the developing world see as the dominance of America and Europe in the global economy.
On the second day since Cyprus reopened its banks, depositors continue to face restrictions on getting at their money. ATM withdrawals are limited to 300 euros a day, and there are limits on how much cash travelers can take abroad.
Halfway between the New Jersey Turnpike and the Atlantic City casinos is a little slice of France: Amalthea Cellars. There's an old farmhouse, and a field full of grapevines.
Lou Caracciolo, who founded Amalthea, is walking through the field. "Here's something I put in the ground in 1976," he says. "You have to have a feel for it, and after 30 years I have a pretty good feel for it."
Caracciolo calls himself a hopeless romantic. And, really, you have to be a romantic to try to make a $33 bottle of cabernet sauvignon blend in New Jersey.
If you haven't done your taxes yet, this ad from H&R Block might make you feel even more anxious.
"The Affordable Care Act means big changes this year when you file your taxes," says the young woman in the ad, with a smug smile. She then claims to have read "all 900 pages" of the law so she can offer you a "solution."
After noticing that most of the lifeguards at the public pools used by Latino and African-American kids were white, the Phoenix aquatics department decided to try to recruit minorities.
More than 90 percent of the students at Alhambra High are black, Latino or Asian. On a recruiting effort there over the winter, the city's Melissa Boyle tells students she's not looking for strong swimmers. Like many under-resourced schools, Alhambra doesn't have a swim team.
"We will work with you in your swimming abilities," Boyle says.
While many people enjoy sweet treats — like these chocolate bunnies — the price of a key ingredient has some people bitter. A government subsidy program is criticized for keeping sugar prices too high. But as prices fall, the government may buy sugar to help processors.
While you indulge in some Easter Peeps and chocolates this weekend, you might want to think about all that sugar. No, this isn't a calorie warning. In the U.S., raw sugar can cost twice the world average.
Critics say U.S. sugar policy artificially inflates sugar prices to benefit an exclusive group of processors — even though it leads to higher food prices. But this year, prices fell anyway. Now, the government could be poised to use taxpayer dollars to buy up the excess sugar.
Banks in Cyprus reopened Thursday morning — after two weeks in which they had to keep their doors closed as European leaders worked out a bailout deal for the island's struggling financial sector in a bid to keep its problems from triggering similar crises in other ailing EU nations.
NPR's business news starts with an appetite for oil.
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WERTHEIMER: Researchers say they see a plateau in the demand for oil. A new report says demand could level off by the end of this decade, and that's a lot sooner than expected, as NPR's Sonari Glinton reports.