Business

The Two-Way
3:46 pm
Sun April 7, 2013

Broadcasters Struggle To Tap Into The 'Zero TV' Crowd

Originally published on Mon April 8, 2013 6:39 am

Broadcasters will convene this week in Las Vegas to discuss how to win back the "Zero TV Crowd": a rapidly growing demographic of people who don't subscribe to cable or satellite TV services.

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Business
4:53 am
Sat April 6, 2013

What Does Amazon's Purchase Of Goodreads Mean For Book Industry?

Originally published on Sun April 7, 2013 9:08 am

Transcript

SCOTT SIMON, HOST:

Late last week, Amazon, which features reader reviews on its sales website, announced that it's buying Goodreads, a hugely popular reader review site. Now, the announcement jarred a lot of Goodreads fans and upset lots of reader-reviewers and authors too. Greg Bensinger has been covering the story for the Wall Street Journal. He joins us from KQED in San Francisco. Thanks so much for being with us.

GREG BENSINGER: My pleasure, hello.

SIMON: Why did Amazon want to inhale Goodreads so much?

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Economy
4:53 am
Sat April 6, 2013

Sequester Pinches Long-Term Unemployed Even More

A crowd of jobseekers attends a health care job fair on Thursday in New York.
Mark Lennihan AP

Originally published on Sun April 7, 2013 9:08 am

Almost 5 million Americans are considered long-term unemployed, meaning they have been searching for work for at least six months.

This week, their plight is getting a bit tougher as the government cuts their unemployment benefits — part of the automatic reductions in federal spending that took effect recently.

On a recent day, about 40 people turned out at a Manhattan jobs center run by the New York Labor Department to get advice on looking for work. These are all people who have been out of work for at least 27 weeks.

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Economy
1:58 pm
Fri April 5, 2013

Although Unemployment Dropped In March, Job Growth Slowed

Originally published on Fri April 5, 2013 4:04 pm

Transcript

AUDIE CORNISH, HOST:

It's ALL THINGS CONSIDERED from NPR News. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

At first blush, it might seem like good news from the Labor Department this morning: The unemployment rate that has been dropping in recent months fell again. It fell to 7.6 percent in March. But job growth was much weaker than expected. And the main reason that the rate went down is that a large number of people decided to leave the workforce. NPR's Yuki Noguchi joins us now. Hi, Yuki.

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Business
1:58 pm
Fri April 5, 2013

Despite Sequester, Aviation Companies Expand In North Carolina

Originally published on Fri April 5, 2013 4:04 pm

The forced budget cuts known as the "sequester" have not yet started to trickle down to the local level. But that hasn't stopped politicians from talking about what those cuts will mean. But business leaders in a city with strong aviation ties aren't looking at only the conversations in Washington as they plan their futures.

Business
1:58 pm
Fri April 5, 2013

Investigation Finds Wealth Of Information On Tax Evaders

Originally published on Fri April 5, 2013 4:04 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

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Economy
1:58 pm
Fri April 5, 2013

California's Unemployment Stuck High As National Average Dips

Originally published on Fri April 5, 2013 4:04 pm

California's economy is a study in contrasts. The state's unemployment rate — 9.8 percent — is tied with Rhode Island for the highest in the country. Parts of the state are still suffering mightily from the housing collapse. But there are also large pockets of job growth and revival.

Economy
12:43 pm
Fri April 5, 2013

Honda's Growth Helps Tow Ohio Out Of Recession

Al Kinzer, who was Honda of America's first employee, drives the company's one millionth U.S.-produced car off the assembly line at Honda's assembly plant in Marysville, Ohio, April 8, 1988.
Greg Sailor AP

Originally published on Fri April 5, 2013 4:04 pm

Honda is moving its North American headquarters from California to Ohio. That's just the latest bit of good news for the Buckeye State and Honda, whose fortunes have been closely tied for decades now.

Honda has been an economic heavyweight here since it was lured to central Ohio in the 1970s. The company's footprint is big, and it continues to increase.

Honda's sprawling Marysville Auto Plant opened outside Columbus in 1982. Since then, it has grown to nearly 4 million square feet and now sits on a campus of 8,000 acres.

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Planet Money
11:23 am
Fri April 5, 2013

The Jobs Report Puzzle

Lam Thuy Vo / NPR

Lots of people are surely looking at today's jobs headlines somewhat puzzled, asking one significant question: How can it be that hiring was much worse than expected in March and the unemployment rate still fell — to 7.6 percent?

The answer isn't a happy one. There are a couple of ways the unemployment rate can fall.

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Economy
10:22 am
Fri April 5, 2013

Jobs Report: 'Ouch!'

Originally published on Mon April 8, 2013 8:19 am

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Later in the program, we will speak with a Christian leader who's led his church to rethink both its politics and its worship. It's the Reverend Cecil Williams of San Francisco's Glide Memorial Church. He and his wife, who's also a church leader, will join us for a Faith Matters conversation in a few minutes.

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Economy
8:43 am
Fri April 5, 2013

U.S. Job Growth Slows As Jobless Face Benefit Cuts

Applicants complete forms at a job fair in Newark, N.J. Weak U.S. job growth comes at the same time benefits for the long-term unemployed are shrinking.
Mark Lennihan AP

Originally published on Sat April 6, 2013 2:55 pm

The 11.7 million Americans searching for work got discouraging news Friday morning when the Labor Department said employers created only 88,000 jobs in March. The weak job growth comes at the same time benefits for the long-term unemployed are shrinking.

The smaller-than-expected increase in payrolls was a big disappointment, coming after a long stretch of much better results. Over the past year, employment growth has averaged 169,000 jobs a month.

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The Two-Way
6:58 am
Fri April 5, 2013

Job Growth Slows Sharply, But Unemployment Rate Dips

Li-Wen Hung (left) and Whitney Chen were waiting to meet potential employers at a Manhattan job fair earlier this year.
Mario Tama Getty Images

Originally published on Fri April 5, 2013 11:44 am

  • From 'Morning Edition': NPR's Yuki Noguchi talks with David Greene about the latest employment report

There were just 88,000 jobs added to private and public payrolls in March, the Bureau of Labor Statistics estimates.

But the nation's jobless rate still edged down to 7.6 percent from 7.7 percent. That dip wasn't for a good reason, though: Nearly half a million fewer people were participating in the labor force. That smaller pool meant the jobless rate could tick down even as job growth was weak.

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The Two-Way
4:43 am
Fri April 5, 2013

'Slow And Steady' Jobs Report Expected

Joe Raedle Getty Images

Originally published on Fri April 5, 2013 6:55 am

  • From 'Morning Edition': Yuki Noguchi talks with David Greene

Update at 8:41 a.m. ET.: Job Growth Slows Sharply, But Unemployment Rate Dips

Although economists had been expecting to hear that the U.S. economy added 200,000 jobs in March, the news is out and the number is far less. Just 88,000 jobs were added to private and public payrolls, the Labor Department reports. The jobless rate still edged down to 7.6 percent — but only because nearly half a million fewer people were in the labor force.

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Business
4:22 am
Fri April 5, 2013

The Ups And Downs Of Cyber Currency Bitcoin

Originally published on Fri April 5, 2013 5:30 am

Transcript

DAVID GREENE, HOST:

Bitcoin is a virtual currency that's traded largely online. It was created in 2009 in the aftermath of the global financial crisis as an alternative to currencies which are controlled by countries and central bankers. But Bitcoin has been on a wild ride lately, soaring in value during the anxious days of the Cyprus banking crisis.

We're going to look at the currency's history in today's Business Bottom Line. Here's NPR's Steve Henn.

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Law
2:31 am
Fri April 5, 2013

Enron's Skilling Could Win Early Release From Prison

Originally published on Fri April 5, 2013 5:30 am

Transcript

DAVID GREENE, HOST:

Now former Enron CEO Jeffery Skilling could be released early from federal prison, as part of a reduced sentencing agreement under consideration at the Justice Department. Skilling was sentenced to 24 years in prison for his role in the collapse of the energy trading giant.

NPR's Wade Goodwyn has more.

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Economy
2:31 am
Fri April 5, 2013

Jobless Date In March: Like A Lamb Or Lion?

Originally published on Fri April 5, 2013 10:31 am

The Labor Department on Friday reported the nation's unemployment rate inched down to 7.6 percent in March, the lowest rate in four years, mainly due to more people stopping their search for work. In February, the job rate was 7.7 percent.

Business
2:31 am
Fri April 5, 2013

Business News

Originally published on Fri April 5, 2013 5:30 am

The computer maker's chairman Ray Lane has stepped down as executive chairman. He's been on thin ice with shareholders after his role in acquiring a business software company ended up hurting HP's bottom line.

Business
2:31 am
Fri April 5, 2013

The Last Word In Business

Originally published on Fri April 5, 2013 5:30 am

The late rapper's songs often talked about growing up in a rough neighborhood. But it's not rough anymore.The neighborhood has changed quite a bit. Plus the apartment has been remodeled.

Business
2:31 am
Fri April 5, 2013

Colorado Farmers Scramble To Find Irrigation Water

Originally published on Fri April 5, 2013 5:30 am

Transcript

DAVID GREENE, HOST:

Let's go now to the Great Plains, where farmers are preparing for what could be a tough growing season. They are scrambling to find irrigation water, which is scarce in the midst of the region's persistent drought. In eastern Colorado, thirsty cities have gobbled up water rights for decades, selling what they don't need back to farmers.

As Luke Runyon from member station KUNC reports, the agreement only works when water is plentiful.

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Media
1:17 am
Fri April 5, 2013

Is The Company Behind Rodman's Korea Visit The Future Of Media?

Vice founder Shane Smith attends the premiere screening for the MTV series The Vice Guide To Everything in New York City in December 2010. Vice's new documentary series on HBO launches Friday.
Jemal Countess Getty Images

Originally published on Fri April 5, 2013 1:17 pm

How did Dennis Rodman end up having dinner with Kim Jong Un in North Korea? It was the idea of Vice Media, which has grown from a counterculture magazine into a full-fledged youth media conglomerate.

Friday night, it premieres a documentary series on HBO, a kind of coming-out moment into the mainstream.

'I Wish We Were Weirder'

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The Salt
4:35 pm
Thu April 4, 2013

NYC's Fast-Food Workers Strike, Demand 'Living Wages'

Demonstrators from the Fast Food Forward rally protest Thursday outside a Wendy's restaurant in New York City.
Mary Altaffer AP

Originally published on Thu April 4, 2013 6:20 pm

Fast-food restaurants were a little bit slower Thursday in New York City. Hundreds of workers staged a one-day strike in what organizers are calling the biggest job action ever in that industry. It's a growing segment of the economy, but workers complain that fast-food jobs don't pay enough to survive in New York City.

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13.7: Cosmos And Culture
4:11 pm
Thu April 4, 2013

Dear Netflix, We Can't Hear You! Signed, 50 Million Americans

Netflix was ordered to close-caption all its films by next year.
Justin Lane EPA /Landov

Originally published on Tue April 9, 2013 1:35 pm

Addicted, that's what we are: My husband and I are addicted to BBC television shows. We watch BBC series via Netflix streaming, the "instant" option available to Netflix customers.

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The Two-Way
3:55 pm
Thu April 4, 2013

Reports: Hewlett-Packard's Chairman Will Step Aside

Originally published on Thu April 4, 2013 4:44 pm

Hewlett-Packard's chairman Raymond Lane will give up his position, The Wall Street Journal, Reuters and Bloomberg are reporting.

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The Two-Way
12:30 pm
Thu April 4, 2013

Enron's Jeffrey Skilling May Be Negotiating An Early Release

Former Enron Chief Executive Jeffrey Skilling outside of the Bob Casey United States Court House in Houston in 2006.
Johnny Hanson Getty Images

Originally published on Thu April 4, 2013 4:43 pm

Jeffrey Skilling, the former Enron executive serving a 24-year prison sentence for his role in the energy company's collapse, may receive a shorter prison term.

According to Reuters, the United States Department of Justice notified victims of Enron's fraud that they are currently in negotiation with Skilling.

Reuters adds:

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Social Entrepreneurs: Taking On World Problems
11:55 am
Thu April 4, 2013

New Mortgage Program Helps Cambodia's Poor Find Better Homes

Sriv Keng (right) and her husband, Vet Vong, dish up bowls of rice for customers at her roadside food stall, which is situated in a garment manufacturing district.
Will Baxter for NPR

Originally published on Thu April 4, 2013 6:20 pm

If you've applied for a mortgage recently, you know how hard it can be. The bank demands all kinds of obscure documents and wants proof of almost every asset you own. But an innovative mortgage program halfway around the world will evaluate your application without any extra documentation — and if you're approved, it will give you a 15-year fixed-rate mortgage. There's just one catch: The mortgages are only for low-income people in Cambodia. The program is a throwback to the days when bankers got to know their customers — and trusted them.

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Planet Money
9:22 am
Thu April 4, 2013

50 Years Of Potato Chip Innovation, In 5 Animated GIFS

Lam Thuy Vo NPR

Originally published on Fri June 14, 2013 11:02 am

For more, watch our video: Secrets From A Potato Chip Factory.

Americans spend less on groceries than they did a few decades ago. That's partly because of new machines and technology that have made it much cheaper to produce food.

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The Two-Way
7:07 am
Thu April 4, 2013

Lululemon's Product Chief To Depart; See-Through Pants Have Been A Problem

Lululemon clothes at a store in Pasadena, Calif.
Kevork Djansezian Getty Images

Originally published on Thu April 4, 2013 10:03 am

Two weeks after being embarrassed by the news that some of its yoga pants were way too sheer, there's word from Lululemon that chief product officer Sheree Waterson will be leaving the company April 15.

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The Two-Way
6:46 am
Thu April 4, 2013

Jobless Claims Rise; Employment Report Likely To Show Slow Job Growth

Will there be more signs like this? An automotive service shop in El Cerrito, Calif., was looking for workers last month.
Justin Sullivan Getty Images

Originally published on Thu April 4, 2013 8:24 am

There were 385,000 first-time claims for unemployment insurance last week, up by 28,000 from the week before, the Employment and Training Administration says.

The news follows Wednesday's report of slower-than-expected job growth in the private sector: The ADP National Employment Report estimated that businesses added just 158,000 jobs last month.

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Television
3:11 am
Thu April 4, 2013

NBC Has More Problems Than Just 'Tonight Show' Hosts

Originally published on Thu April 4, 2013 3:26 am

Transcript

STEVE INSKEEP, HOST:

OK. So Frommer's guidebooks will stay the same. "The Tonight Show" is changing. This is a long-running television network drama - the saga of NBC easing Jay Leno out of the chair. As NPR's David Folkenflik reports, Leno will be replaced next year by Jimmy Fallon, in a show based in New York City.

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Economy
3:11 am
Thu April 4, 2013

Previous Owner Revisits Home Lost To Foreclosure

Bank foreclosures often force people out of their homes. Some houses re-sell, and new people move in. Five years ago, NPR's Emily Harris bought a house that sold in foreclosure. An evening ring at her doorbell led her to meet the person who had lived there before.

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