Business

Business
3:19 am
Thu June 6, 2013

Is Obamacare Hurting Hiring By Small Businesses?

Originally published on Thu June 6, 2013 4:05 am

The Affordable Care Act, which has become known as Obamacare, will require small businesses with 50 or more employees to offer health care coverage to their workers. Some have suggested that could be discouraging hiring by small businesses.

Politics
3:19 am
Thu June 6, 2013

Obama To Push Jobs, Education At N.C. Middle School

Originally published on Thu June 6, 2013 4:49 am

Transcript

LINDA WERTHEIMER, HOST:

President Obama travels to Mooresville, North Carolina today. He'll highlight the town's middle school and its focus on technology and digital learning. It's part of what the White House is calling the president's Middle Class Jobs and Opportunity Tour. Jobs and education are big issues for younger voters, one of the most sought after demographics for both parties.

NPR's Mara Liasson reports.

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Business
3:16 pm
Wed June 5, 2013

Komen Cancels Charity Races In Several Cities

Originally published on Wed June 5, 2013 4:19 pm

One of the foremost breast cancer charities, the Susan G. Komen foundation, has canceled important fundraising walks in Washington, D.C., and other major cities next year.

Business
3:16 pm
Wed June 5, 2013

Amazon Faces Tough Sell As Online Grocer

Originally published on Wed July 3, 2013 8:26 pm

Transcript

AUDIE CORNISH, HOST:

After conquering the online department store model, Amazon is eyeing an expansion into the world of grocery shopping. The company has been testing out an online grocery called AmazonFresh in Seattle. Today, there are reports that Amazon plans to expand to other cities around the country. But the business landscape is littered with the graves of online grocers who didn't make it. Remember Webvan? No? That's OK.

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The Salt
3:12 pm
Wed June 5, 2013

Amazon's Grocery Delivery: A Trojan Horse To Get In Your Door

Amazon has been testing its AmazonFresh delivery service in the Seattle area since 2007.
Joe Nicholson AP

Originally published on Wed June 5, 2013 5:16 pm

Amazon already delivers everything from toothpaste to televisions to your doorstep. Now, it wants to bring your berries and beer, too.

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Business
10:46 am
Wed June 5, 2013

Hollywood Wants A Piece Of The Action In China's Movie Market

Originally published on Wed June 5, 2013 1:54 pm

Box office receipts in China reached new highs last year, and American filmmakers want to tap into that market. Host Michel Martin speaks with Los Angeles Times reporter John Horn, about the growth of the Chinese movie market, and how Hollywood plans to cash in.

Economy
10:46 am
Wed June 5, 2013

Toledo, Ohio: Chinese Investment Wanted

Originally published on Wed June 5, 2013 1:54 pm

Mayor Michael Bell hopes Chinese investment will help revive his blue-collar city. He helped broker a deal to sell a chunk of Toledo's waterfront to Chinese investors. Host Michel Martin and Mayor Bell discuss investments with China and what he thinks President Obama and China President Xi Jinping can accomplish during their U.S. visit.

The Two-Way
9:09 am
Wed June 5, 2013

Chrysler 'Puts Reputation At Risk' By Rejecting Recall

Mike Blake Reuters /Landov

Originally published on Wed June 5, 2013 10:47 am

As The Associated Press writes, "a defiant Chrysler is refusing to recall about 2.7 million Jeeps the government says are at risk of a fuel tank fire in a rear-end collision."

The Detroit Free Press says the company has "put its reputation for safety and quality on the line" by initially saying "no" to the National Highway Traffic Safety Administration's request.

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Business
7:40 am
Wed June 5, 2013

Jobs Outlook Is Brighter For Class Of 2013

Graduates of Bowie State University wave to friends and family at the school's graduation ceremony in College Park, Md., on May 17. This year's graduates are finding better job prospects than at any time since 2008.
Chip Somodevilla Getty Images

Originally published on Wed June 5, 2013 7:54 am

For the last five years, graduation day has been as much a time for apprehension as for celebration.

Even now, with the Great Recession over, many recent graduates are still struggling to turn their high school and college diplomas into tickets for a better life. The unemployment rate for Americans under age 25 remains more than double the overall rate of 7.5 percent.

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The Two-Way
7:26 am
Wed June 5, 2013

Job Growth Stayed Slow In May, Report Signals

The scene at a jobs fair in Gainesville, Fla., on April 27.
Matt Stamey Gainesville Sun /Landov

Originally published on Wed June 5, 2013 8:04 am

There were 135,000 jobs added to private employers' payrolls in May, according to the latest ADP National Employment Report, which was released Wednesday morning.

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The Two-Way
6:59 am
Wed June 5, 2013

British Phone Hacking Scandal: Rebekah Brooks Pleads Not Guilty

Rebekah Brooks, left, the former Chief Executive of News International, and her husband Charlie Brooks leave Southwark Crown Court on Wednesday in London, England.
Peter Macdiarmid Getty Images

Originally published on Wed June 5, 2013 11:04 am

Rebekah Brooks, the former News International chief executive and former top editor at the tabloid News of the World, pleaded not guilty to five charges related to the phone hacking scandal that has rocked England.

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Business
4:03 am
Wed June 5, 2013

The Last Word In Business

Originally published on Wed June 5, 2013 8:58 am

Domino's Pizza has developed a prototype for aerial pizza delivery. A promotional video follows a custom-built, remote-controlled helicopter as it soars above the countryside carrying two large pizzas. But aviation rules make it unlikely that drone delivery will arrive anytime soon.

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Business
4:03 am
Wed June 5, 2013

Business News

Originally published on Wed June 5, 2013 7:20 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news begins with a big no from Chrysler.

(SOUNDBITE OF MUSIC)

MONTAGNE: The Detroit automaker is taking the unusual step of defying the government by refusing to recall some 2.7 million of its vehicles. Federal safety officials say 1993 to 2004 Jeep Grand Cherokees and the 2002 to 2007 Jeep Liberties are dangerous and should be taken off the road. The National Highway Traffic Safety Administration says rear-mounted gas tanks in those vehicles are vulnerable to leaking and catching fire in rear-end collisions.

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Business
4:03 am
Wed June 5, 2013

U.S. Trade Commission Rules Apple Violated Samsung Patents

Originally published on Wed June 5, 2013 7:20 am

Transcript

LINDA WERTHEIMER, HOST:

Apple could face problems with some of its older models of iPhones and iPads in the U.S. This, after the U.S. Trade Commission ruled yesterday that the devices violated a patent owned by Apple's archrival, Samsung.

The ruling is unlikely to have a big impact on Apple's earnings. But as NPR's Steve Henn reports, the decision raises more questions about how the U.S. patent system can be used.

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Business
4:03 am
Wed June 5, 2013

Report: IRS Fails To Track Many Conference Expenses

Originally published on Wed June 5, 2013 7:20 am

Transcript

LINDA WERTHEIMER, HOST:

Now we turn to a scathing report on expensive conferences held by the IRS. The report by the agency's own inspector general noted the IRS spent about $50 million on employee meetings between 2010 and 2012.

NPR's Wendy Kaufman reports.

WENDY KAUFMAN, BYLINE: Some of the most egregious examples of questionable spending occurred at a 2010 gathering in Southern California. The IRS paid dearly for some lavish hotel rooms, and spent $34,000 for lodging and related expenses for employees who lived nearby.

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Business
4:03 am
Wed June 5, 2013

Halo To Leap From Computer Screens To Mobile Phones

Originally published on Wed June 5, 2013 7:20 am

Blockbuster console game franchise Halo is going to have a new installment for mobile phones. Microsoft made the announcement Tuesday. It's a confirmation of the way the gaming industry is going, away from relying on $60 console games and closer to mobile and micropayments.

Business
4:03 am
Wed June 5, 2013

Job Market Remains Challenging For 2013 Graduates

Originally published on Wed June 5, 2013 7:52 am

For the past five years, graduation day has been a time of apprehension as much as celebration. Prospects for those entering the workforce for the first time were bleak. The class of 2013 — whether from high school or college — has cause for more optimism than previous classes.

Dollar For Dollar: Adventures In Investing
1:24 am
Wed June 5, 2013

Resisting The Temptation To 'Win' When Investing

Hey mutual fund investors: Think you can beat the market? Charley Ellis, who's worked in investment management for 50 years, doubts it. That's because the fees actively managed funds charge can get expensive.
Richard Drew AP

Originally published on Wed June 5, 2013 6:17 pm

NPR's Uri Berliner is taking $5,000 of his own savings and putting it to work. Though he's no financial whiz or guru, he's exploring different types of investments — alternatives that may fare better than staying in a savings account that's not keeping up with inflation.

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The Two-Way
5:13 pm
Tue June 4, 2013

U.S. Trade Body Rules Apple Violated Samsung Patents

The U.S. International Trade Commission ruled Tuesday that Apple infringed on Samsung's patents in its manufacture of some older models of the iPad and iPhone, including the iPhone 4.
Paul Sakuma AP

A U.S. trade agency says Apple infringed on its Asian rival Samsung's patent in its manufacture of some older models of the iPhone and iPad.

Bloomberg reports on the order from the U.S. International Trade Commission: "It's the first patent ruling against Apple in the U.S. that affects product sales, covering models of the iPhone 4, iPhone 3GS, iPhone 3, iPad 3G and iPad 2 3G made for AT&T Inc."

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The Salt
10:40 am
Tue June 4, 2013

In Philly, Lo Mein Is Going Low Sodium

Philadelphia is training owners of Chinese takeout restaurants to cut some of the salt in menu items like lo mein.
Stephen Flood Express-Times/Landov

Originally published on Tue June 4, 2013 10:53 am

Philadelphia is training owners of Chinese takeout restaurants to cut some of the salt in their menu items.

The city is working with about 200 takeout restaurants, providing free cooking lessons and tips on adding flavor without salt. None of the restaurant owners were paid to participate in the program, which offers advice such as how to find suppliers who sell low-sodium ingredients at a reasonable price. Participants are also encouraged to limit the number of soy sauce packets they hand to customers.

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Shots - Health News
10:36 am
Tue June 4, 2013

That Employee Who Smokes Costs The Boss $5,800 A Year

A man smokes outside an office building in New York City in April. Smoking breaks cost employers almost $3,000 per year per smoking employees, a study says.
John Moore Getty Images

Originally published on Wed June 5, 2013 6:42 am

Smoking is expensive, and not just for the person buying the cigs. Employers are taking hard looks at the cost of employing smokers as they try to cut health insurance costs, with some refusing to hire people who say they smoke.

But figures on the cost of smoking have been rough estimates at best, with a very general estimate of $193 billion a year nationwide.

Researchers now say they're got much tighter focus on the number: $5,800 per smoker per year.

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Money Coach
9:43 am
Tue June 4, 2013

Why Your Boss Should Update Your 401(k) Plan

Originally published on Tue June 4, 2013 11:48 am

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin, and this is TELL ME MORE from NPR News. Later in the program, we'll talk about a new poll about attitudes of African-Americans about issues like work, health, and relationships. It turns a lot of what you've been hearing in popular media on its head, so we hope you'll stick around for that conversation.

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Race
9:43 am
Tue June 4, 2013

What Do We Know About 'African American Lives Today?'

Originally published on Tue June 4, 2013 11:48 am

Transcript

MICHEL MARTIN, HOST:

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Race
9:43 am
Tue June 4, 2013

Is It A Surprise That Single Black Men Are Looking For LTR?

Originally published on Tue June 4, 2013 11:48 am

Transcript

MICHEL MARTIN, HOST:

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The Two-Way
8:19 am
Tue June 4, 2013

Lululemon's Pants Return With 'More Fabric Across The Bum'

Some of the clothes at a Lululemon store in Pasadena, Calif., earlier this year.
Kevork Djansezian Getty Images

See-through pants brought Lululemon (and some of its customers) unwanted attention back in March, as we reported at the time. They were pulled from shelves.

Now the yoga and running clothier says that thanks to "more fabric across the bum" and other design changes, the black pants are coming back to stores this month.

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The Two-Way
7:21 am
Tue June 4, 2013

Another Report Shows Home Prices Taking A Big Jump

A sale pending sign in front of a home in San Francisco on May 28.
Justin Sullivan Getty Images

Originally published on Tue June 4, 2013 8:18 am

One week after the S&P/Case-Shiller indices showed a 10.9 percent jump in U.S. home prices from March 2012 to March 2013 — the biggest year-over-year gain in that data since April 2006 — there's another report showing a similar jump in April.

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Business
3:30 am
Tue June 4, 2013

See-Through Problem Corrected, Lululemon Pants Are Back

Originally published on Tue June 4, 2013 6:10 am

Transcript

RENEE MONTAGNE, HOST:

And today's last word in business is back in black.

The news-making black yoga pants by the label Lululemon are back on store shelves and online. The sportswear company was forced to recall the pants two months ago because they were too sheer.

LINDA WERTHEIMER, HOST:

Lululemon blamed the see-through blunder on a style change and production problems. The retailer hired a new team to make the pants more opaque. The company said the fabric of the new pants has been put through an exhaustive range of tests.

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Business
3:30 am
Tue June 4, 2013

Business News

Originally published on Tue June 4, 2013 6:10 am

Transcript

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

NPR's business news starts with GM's continued revival.

Four years after being kicked out of the Standard & Poor's 500, General Motors returns to the index this week. The Detroit automaker will rejoin both the S&P 100 and 500 indices this Thursday after the stock market closes. GM replaces H.J. Heinz, which will no longer be a publicly traded company.

Business
3:30 am
Tue June 4, 2013

Once High-Flying Game Company Zynga To Lay Off 520 Workers

Originally published on Tue June 4, 2013 6:10 am

Transcript

LINDA WERTHEIMER, HOST:

Things are not going do well for the online game maker Zynga. The once high-flying gaming company has been struggling and now plans to lay off almost 20 percent of its staff; that's more than 500 employees.

NPR's Wendy Kaufman reports.

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Business
3:30 am
Tue June 4, 2013

Apple: Price-Fixing Charges 'Not True'

Originally published on Tue June 4, 2013 2:29 pm

Transcript

RENEE MONTAGNE, HOST:

Lawyers for Apple will be back in court today, defending the company against government charges that it conspired with publishers to fix eBook prices. All the major publishing houses settled months ago with the Justice Department.

But as NPR's Laura Sydell reports, Apple's lawyer told the court the company won't settle because it did nothing wrong.

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