Business

Business
2:41 am
Wed June 12, 2013

Business News

Originally published on Thu June 13, 2013 3:53 am

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with telecom tactics.

British telecom giant Vodafone has announced it's making a bid to buy Kabel Deutschland - Germany's biggest cable company. The reported offer of over 13 billion dollars marks a major change in strategy for Vodafone. Up until now, it has focused almost entirely on the mobile phone market. Transcript provided by NPR, Copyright NPR.

Business
2:41 am
Wed June 12, 2013

The Last Word In Business

Originally published on Thu June 13, 2013 3:53 am

Transcript

RENEE MONTAGNE, HOST:

And today's last word in business is: Big brother and bigger book sales.

The NSA's surveillance scandal has caused a jump in sales of George Orwell's classic dystopian novel "1984." Sales on Amazon.com have risen nearly 6,000 percent since news of the NSA's secret surveillance program broke, which is double plus good for a book first published 64 years ago last week.

And that's the business news on MORNING EDITION from NPR News. I'm Renee Montagne.

LINDA WERTHEIMER, HOST:

U.S.
12:55 am
Wed June 12, 2013

Immigration Bill May Keep Wage Exemption For Foreign Herders

Antonio Basualdo Solorzano has worked at the Ladder Ranch in south-central Wyoming for eight years. On his wages as a guest worker, he's supported seven children back home in Peru.
Sara Hossaini for NPR

Originally published on Thu June 13, 2013 3:53 am

When Patrick and Sharon O'Toole began their ranching business on the Wyoming-Colorado border, they tended the sheep themselves. But eventually, the O'Tooles wanted to settle down and have kids, so they hired foreign ranch hands with H-2A, or guest worker, visas to work on the ranch for $750 a month.

Peruvian shepherds on guest worker visas tend thousands of sheep in Wyoming, but they only make about half of what agricultural workers elsewhere are paid.

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All Tech Considered
2:33 pm
Tue June 11, 2013

Did Sony Already Win Gaming's Next-Gen Console War?

Sony Computer Entertainment President and CEO Andrew House introduces the new PlayStation 4 at an Electronic Entertainment Expo media briefing in Los Angeles on Monday.
Jae C. Hong AP

Originally published on Tue June 11, 2013 5:20 pm

OK, so it might be a little presumptuous to call a winner considering that neither Sony's nor Microsoft's new console is on the market quite yet.

On Monday, however, on the first day of the Electronic Entertainment Expo, where the gaming industry tells consumers what to buy this holiday season, Sony dropped the mic to universal applause, as Digital Trends described it.

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Law
12:26 pm
Tue June 11, 2013

Pushed Off The Job While Pregnant

Originally published on Tue June 11, 2013 6:20 pm

At a time when most pregnant women work, there are new efforts to keep companies from unfairly targeting employees because of a pregnancy. The allegations of pregnancy discrimination persist and have even risen in recent years despite a decades-old law against it, according to the Equal Employment Opportunity Commission.

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Money Coach
10:04 am
Tue June 11, 2013

Interest Rates Up: Could Spell Uncertainty For Home Loans, Retirement

Transcript

MICHEL MARTIN, HOST:

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The Two-Way
9:49 am
Tue June 11, 2013

Report: Overdraft Protection Puts Customers 'At Greater Risk'

Richard Cordray, the director of the Consumer Financial Protection Bureau.
T.J. Kirkpatrick Getty Images

Originally published on Tue June 11, 2013 11:44 am

The Consumer Financial Protection Bureau is looking at how overdraft fees affect consumers in a detailed report released Tuesday.

One of the stunning finds: "Overdraft and non-sufficient funds fees accounted for 61 percent of total consumer deposit account service charges in 2011 among the banks in the CFPB report."

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The Two-Way
7:08 am
Tue June 11, 2013

See-Through Pants Problem Behind Her, Lululemon CEO To Leave

Christine Day. She's planning to step down as CEO of Lululemon.
Brendan McDermid Reuters /Landov

Originally published on Tue June 11, 2013 7:51 am

Saying that "now is the right time to bring in a CEO who will drive the next phase of Lululemon's development and growth," the yoga and athletic clothing company's chief has announced she's stepping down.

Christine Day will stay on in her job until a successor is found, Lululemon says.

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Business
3:39 am
Tue June 11, 2013

Post Recession, Architects Return To The Drawing Board

While some jobs are coming back in this economy, the market for many architects remains tough. There were nearly 220,000 people working in the field in 2008. Today, more than 25 percent of those jobs are gone.

Business
3:38 am
Tue June 11, 2013

National Envelope Hopes To Lick Bankruptcy Filing

National Envelope, the largest privately-held manufacturer of envelopes in the U.S., has filed for bankruptcy protection. It's a sign of the paperless, digital times. It previously filed for Chapter 11 protection in 2010.

Business
3:23 am
Tue June 11, 2013

Competitors Try To Chip Away At Pandora's Audience

Originally published on Tue June 11, 2013 4:56 am

On Monday, Apple announced iRadio — its entry into the crowded field of music streaming services. iTunes has become the top music retailer by selling song files. But no one in the music business thinks the iTunes model is the future. Pandora is the oldest and most successful streaming service so far. But it's been a disappointment to investors.

Business
3:23 am
Tue June 11, 2013

The Last Word In Business

Originally published on Tue June 11, 2013 5:08 am

Florida's housing market is picking up in places, but a home in Palm Beach just sold for more than 40 percent less than the asking price. The 20,000 square foot home was originally on the market for $74 million. According to The Wall Street Journal, it sold on Friday for a mere $42 million.

Law
3:23 am
Tue June 11, 2013

Feds Buckle On Emergency Contraception Age Restrictions

Transcript

RENEE MONTAGNE, HOST:

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

LINDA WERTHEIMER, HOST:

And I'm Linda Wertheimer. The morning after pill is moving from behind the counter to on the shelf. Last night, the Obama administration announced it will comply with a court order that allows girls and women of any age to buy the emergency contraception without a prescription and without showing ID.

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Business
3:23 am
Tue June 11, 2013

Data Leak Could Undermine Trust In Government Contractor

Federal contractor Booz Allen Hamilton, headquartered in McLean, Va., employed Edward Snowden, the computer technician at the center of the controversy over leaks involving the National Security Agency.
Michael Reynolds EPA/Landov

Originally published on Tue June 11, 2013 9:56 am

In recent decades, a quiet revolution has been transforming the way Washington works.

Because the U.S. government does not have the workforce to complete all of its tasks, it employs private companies like Booz Allen Hamilton to do the work for it. Booz Allen is the company where Edward Snowden, who said he leaked secrets about the National Security Agency, most recently worked.

Over the past 25 years, this contract workforce has grown and plays a major role in the U.S. government, says Paul Light, a professor of public service at New York University.

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Business
3:23 am
Tue June 11, 2013

Business News

Originally published on Tue June 11, 2013 5:01 am

On Monday, the company announced that CEO Christine Day will step down once a replacement is found. This comes after an embarrassing year for the company which makes fashionable yoga-wear. A recent recall of see-through plants could cost the company $40 million.

Around the Nation
3:23 am
Tue June 11, 2013

Iowa Rebrands Medicaid Coverage

Originally published on Tue June 11, 2013 5:28 am

Transcript

RENEE MONTAGNE, HOST:

The Republican governor of Iowa is one of the longest serving in U.S. history. And with a election campaign coming up next year, he's suddenly taken a keen interest in making one controversial part of Obamacare work. That's the expansion of Medicaid, something some states are still deciding whether or not to do. Iowa Public Radio's Clay Masters has more.

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All Tech Considered
3:39 pm
Mon June 10, 2013

What You Need To Know About Changes Coming From Apple

Apple unveiled its new mobile operating system, iOS 7.
Apple

Originally published on Mon June 10, 2013 4:54 pm

If you opt for the upgrade, changes are coming to your iPhone experience this fall. And if you want to shell out some cash right away, the latest line of MacBook Air computers boasts a lot more power and battery life, and the machines are available to ship today.

Apple chiefs announced their latest products and improvements Monday as part of the keynote at the company's annual Worldwide Developers Conference in San Francisco.

We kept an eye on the two-hour presentation so you didn't have to. The highlights:

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Music
3:25 pm
Mon June 10, 2013

Apple's Music Streaming Service Smaller Than Anticipated

Originally published on Tue June 11, 2013 6:11 am

Transcript

MELISSA BLOCK, HOST:

Now to another topic in tech. Today, Apple's Worldwide Developers Conference launched in San Francisco. The company made a slew of announcements: new MacBooks, a new operating system, and the most anticipated announcement - Apple's entry into the streaming music market with iTunes Radio. But as NPR's Laura Sydell reports, many analysts are underwhelmed.

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The Salt
2:17 pm
Mon June 10, 2013

A Senate Catfight Over Catfish

These funny mustachioed fish are at the center of a farm bill fight in the House and Senate.
Sasha Radosavljevic iStockphoto.com

Originally published on Mon June 10, 2013 4:15 pm

The farm bill is expected to pass in the Senate on Monday night. And to the dismay of some, it likely won't include an amendment that would have eliminated a controversial program to keep a closer eye on a food product you probably weren't even worried about: catfish.

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Author Interviews
12:24 pm
Mon June 10, 2013

Flying High And Low In 'Full Upright And Locked Position'

In Full Upright and Locked Position aviation consultant Mark Gerchick looks at post-Sept. 11 air travel.
W.W. Norton & Co.

No, you aren't imagining it: There is indeed less leg room on some airplanes than there used to be.

"Back in the old days, probably 20 years ago, the tendency was to have about 34 inches," says Mark Gerchick, a former chief counsel for the Federal Aviation Administration. "Now the standard is about 31 inches in the United States. ... Some of the low-cost airlines have tightened that up to about 28 inches, which is now approaching the limits of anatomical possibility."

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Economy
9:29 am
Mon June 10, 2013

Despite Images Of Affluence, LGBT Poverty High

Originally published on Mon June 10, 2013 1:56 pm

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. Here in the U.S., June is known as gay and lesbian pride month, recognizing the contributions and concerns of LGBT people in this country. Later, we'll talk with two people on the cutting edge of what's become one of the markers of LGBT progress. They are the authors of a new book about how to photograph same-sex weddings. There are some interesting similarities and differences that might surprise you.

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The Two-Way
7:59 am
Mon June 10, 2013

S&P Upgrades U.S. Credit Outlook To 'Stable'

Citing improved tax receipts and some steps taken to address the country's long-term budget issues, Standard & Poor's upgraded the United States credit outlook to "stable." As Reuters reports, the credit rating agency said the chance of a downgrade to the country's credit rating is "less than one in three."

Reuters reports:

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Business
2:30 am
Mon June 10, 2013

The Last Word In Business

Originally published on Mon June 10, 2013 5:38 am

Saudi prince and conspicuous billionaire Alwaleed bin Talal is suing the magazine in a London court. In its annual list of the world's wealthiest people, Forbes estimates bin Talal's fortune at $20 billion. But the prince says the magazine publicly short changed him by nearly $10 billion.

Business
2:30 am
Mon June 10, 2013

Business News

Originally published on Mon June 10, 2013 5:36 am

Chinese exports grew by only 1 percent in May — the lowest rate in almost a year. Weak exports to the U.S. and Europe are the main culprits. And imports of the raw materials that fuel China's economy, such as copper and coal are also down.

Around the Nation
12:57 am
Mon June 10, 2013

Rail Project At Los Angeles Port Draws Environmentalists' Ire

Shipping containers stack up at the Port of Los Angeles.
Nick Ut AP

Originally published on Mon June 10, 2013 10:21 am

In California, a high-profile lawsuit is seeking to halt construction of a new $500 million rail yard next to the Port of Los Angeles. Activists, including a national environmental group that's spearheading the opposition, say the massive project would mean even more pollution for nearby neighborhoods that already have some of the worst air in the country.

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The Two-Way
1:46 pm
Sun June 9, 2013

Newspaper Reveals Source For NSA Surveillance Stories

In a 12-minute video on The Guardian's website, Edward Snowden, a former technical assistant for the CIA talks about how American surveillance systems work and why he decided to reveal that information to the public.
The Guardian

Originally published on Mon June 10, 2013 4:32 am

  • "Guardian" reporter Glenn Greenwald on weekends on "All Things Considered"

The Guardian newspaper has identified the source for a series of reports it's published in recent days on secret U.S. surveillance activity as a former technical assistant for the CIA who now works for a private-sector defense and technology consulting firm.

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The Two-Way
6:42 am
Sun June 9, 2013

The Latest On The NSA Surveillance Story

British Foreign Secretary William Hague.
Abbas Momani AFP/Getty Images

Originally published on Sun June 9, 2013 11:51 am

In the past several days, there's been a steady flow of leaks about the National Security Agency and its secret surveillance activities, including the gathering of metadata on domestic and foreign telephone calls and the existence of PRISM, described in media reports as a top-secret data-mining program.

New developments are occurring on a daily basis. Here are a few we're watching right now:

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The Two-Way
3:19 pm
Sat June 8, 2013

DNI Calls Reporting On Government Surveillance 'Reckless'

Director of National Intelligence James Clapper testifying before the Senate Armed Services Committee in April.
Win McNamee Getty Images

Originally published on Sat June 8, 2013 7:08 pm

Director of National Intelligence James Clapper on Saturday said media reporting this week about government surveillance activities amounted to "reckless disclosures" that could hand terrorists a playbook to foil detection.

He said the surveillance measures are legal and said the reporting lacked full context:

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The Two-Way
7:21 am
Sat June 8, 2013

Tech Giants Deny Granting NSA 'Direct Access' To Servers

A man poses for photos in front of a sign at the entrance to the Facebook campus in Menlo Park, Calif., on Friday.
Jeff Chiu AP

Originally published on Sat June 8, 2013 4:26 pm

Tech companies that cooperated with government intelligence-gathering efforts by allowing access to their databases say they did so only reluctantly and that it never involved 'direct access' to servers, according to The New York Times.

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Code Switch
5:22 am
Sat June 8, 2013

Puerto Rican Flags Wave To New York's Parade-Goers

Longtime East Harlem resident Johnny Montanez, 53, says he sells Puerto Rican flags and T-shirts a few doors down from his apartment building to show that Puerto Ricans are "still here."
Hansi Lo Wang NPR

Originally published on Sun June 9, 2013 5:20 am

Marching bands, beauty queens and Chita Rivera are set to make their way down New York City's Fifth Avenue on Sunday for the annual Puerto Rican Day Parade.

With 80,000 marchers and 2 million onlookers, the event is one of the country's biggest ethnic celebrations.

In the run-up to the parade, rows of street vendors have lined up north of the parade route, in New York's East Harlem neighborhood — also known as Spanish Harlem for the wave of Puerto Ricans that settled here after World War II.

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