Business

The Two-Way
7:20 am
Mon December 3, 2012

Murdoch's News Corp. Shuts Down 'The Daily'

News Corp. CEO Rupert Murdoch in February 2011, when The Daily was launched. Now, it's in shutdown mode.
Spencer Platt Getty Images

Originally published on Mon December 3, 2012 8:01 am

Saying that "we could not find a large enough audience quickly enough to convince us the business model was sustainable in the long-term," News Corp. CEO Rupert Murdoch said this morning that The Daily will "cease standalone publication" on Dec. 15.

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Business
2:57 am
Mon December 3, 2012

The Last Word In Business

Originally published on Mon December 3, 2012 5:11 am

Transcript

DAVID GREENE, HOST:

Well, the subject of our last word in business today may not change the world, but it is kind of snazzy. It is called the Air Umbrella. Now, picture an umbrella handle and nothing else, sort of like a wand.

RENEE MONTAGNE, HOST:

Yeah. We are entering a magic world, here. That wand apparently keeps you dry by releasing a shield of air. The tech website Mashable says it's still a design concept, but in theory, you could adjust the power and size of your invisible air shield depending on how heavily it's raining.

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Business
2:57 am
Mon December 3, 2012

Business News

Originally published on Mon December 3, 2012 5:04 am

Transcript

DAVID GREENE, HOST:

NPR business news starts with a deal up in the air.

Around the Nation
2:57 am
Mon December 3, 2012

Dallas Residents Weigh In On Fiscal Cliff Talks

Originally published on Mon December 3, 2012 11:30 am

The battle over the looming spending cuts and tax increases known as the "fiscal cliff" begins this week where it ended last week — deadlocked. While there is no agreement on how lawmakers should work out the details of a compromise, there is widespread consensus that a deal must get done for the good of the country.

It's All Politics
1:26 am
Mon December 3, 2012

Pick A Number: Let's Play 'Cap Those Deductions'

In the presidential debate on Oct. 16, Mitt Romney presented a hypothetical way to cap deductions and raise revenue.
Spencer Platt Getty Images

Originally published on Mon December 3, 2012 6:35 am

Treasury Secretary Timothy Geithner says it's up to congressional Republicans to take the next step in budget talks to avoid the pending automatic spending cuts and tax increases at the end of the year.

Appearing on the Sunday talk shows, Geithner said there's "no path to an agreement" until Republicans are willing to accept higher tax rates on the rich.

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All Tech Considered
1:24 am
Mon December 3, 2012

In Eye Control, A Promise To Let Your Tablet Go Hands-Free

In an image from an Eye Tribe video, a man uses his eyes to play the Fruit Ninja game, slicing fruit in half as it appears on the screen.
The Eye Tribe

Originally published on Mon December 3, 2012 2:57 am

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All Tech Considered
1:22 am
Mon December 3, 2012

The Next Workplace? Behind The Wheel

The 2013 Bentley Mulsanne features drop-down iPad workstations. More cars are being outfitted to operate as mobile offices.
Bentley Motors

Originally published on Mon December 3, 2012 2:57 am

Brad Hines is a building contractor in Los Angeles who spends a good eight hours a day in his 2008 Dodge Ram. He talked to us from his truck — hands-free, of course.

"I do everything in my truck. I drive from job site to job site. I take calls. I try to get on the computer and clean up daily reports. I answer emails on my phone. I use my truck as a mobile office," Hines says.

The idea of the mobile office is far from new — Willy Loman; the Avon Lady; plumbers; electricians. Now, technology is taking the idea of working from the road to a whole new level.

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Business
4:28 am
Sat December 1, 2012

Trouble Stirs In Hewlett Packard's Board Room

Originally published on Mon December 3, 2012 6:25 am

Transcript

SCOTT SIMON, HOST:

Now for the next installment in what's becoming a long-running tale about one of America's highest profile tech companies. Hewlett-Packard was back in the headlines last week when its CEO claimed that Autonomy, a company it acquired last year for more than $11 billion in cash, had lied about its revenues to increase its sale price. Joe Nocera of The New York Times has been watching all of this unfold. He joins us from Sag Harbor, New York. Joe, thanks very much for being with us.

JOE NOCERA: Thanks for having me, Scott.

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Planet Money
4:28 am
Sat December 1, 2012

Sorry, Mom: The Toyota Avalon Is The Most American Car Made Today

Mark Lennihan AP

Originally published on Sat December 1, 2012 1:26 pm

I grew up in a car family. Not car enthusiasts; car makers. My grandfather worked for General Motors in Detroit on the assembly line beginning in the 1940s. My mother was a middle manager at Ford's Chicago assembly plant in the '70s. I worked at the same plant during summers in the '90s. Today, one of my cousins works for Chrysler and another works for an auto supplier.

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The Salt
1:38 pm
Fri November 30, 2012

Some Restaurants In Israel Declare A Kosher Rebellion

Israelis eat at a kosher McDonald's restaurant in Tel Aviv.
David Silverman Getty Images

Originally published on Thu December 13, 2012 6:41 am

The Carousela cafe in West Jerusalem is one of a handful of restaurants and cafes in Israel staging a bit of a rebellion by defying Jewish religious authorities who claim they are the only ones who can certify restaurants as kosher, or in compliance with Jewish dietary laws.

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The Two-Way
1:07 pm
Fri November 30, 2012

Say It Ain't So, Joe: Bazooka Bubble Gum Is Killing Its Tiny Comics

The latest "comic of the week" on Bazooka Bubble Gum's Facebook page.
Bazooka Bubble Gum

Many of us are still not over the demise of Twinkies. Now there's this.

Bazooka Bubble Gum is redoing is packaging and, says The New York Times:

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The Salt
10:32 am
Fri November 30, 2012

Booches' Famous Burgers Seek New Buns After Hostess Plant Closes

A softly-lit Booches' burger, back in the days of the Hostess bun.
Genevieve Howard Flickr.com

Originally published on Fri November 30, 2012 12:57 pm

Twinkie hoarders, artists, and Ding Dong enthusiasts weren't the only consumers affected when Hostess started shutting down plants across America just a few weeks ago.

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The Two-Way
7:12 am
Fri November 30, 2012

Consumer Spending Dipped In October; Superstorm Sandy Blamed

Nov. 17: A sign in a Staten Island storefront tells a lot. It was still closed because of the damage done by Superstorm Sandy in late October.
Mario Tama Getty Images

The economic effects of Superstorm Sandy continue to be felt. According to the Bureau of Economic Analysis, consumer spending edged down 0.2 percent in October from September, and personal income dipped 0.1 percent.

As Bloomberg News says, "Sandy kept some in the Northeast from getting to work or from shopping at malls and car dealerships."

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Business
4:09 am
Fri November 30, 2012

Are 'Pac-Man,' 'Tetris' Art? MOMA Says Yes

Originally published on Fri November 30, 2012 5:05 am

Sim City is also among the first 14 titles in the Museum of Modern Art's new video game collection. The New York City museum's website says video games are not only art, they're design. And design is among the selection criteria — along with cultural relevance. MOMA hopes to have about 40 titles when the exhibit opens in March.

Business
4:00 am
Fri November 30, 2012

European Bank Chief: 2013 Will Be Better For Euro

Originally published on Fri November 30, 2012 5:05 am

The president of the European Central Bank said Friday that the eurozone has yet to emerge from its economic crisis but is on a path to see a recovery by the second half of 2013. But there are still many challenges. Just after that interview, new numbers showed unemployment in the euro zone rose to a record 11.7 percent in October.

Planet Money
3:04 am
Fri November 30, 2012

Why Mexico Is The World's Biggest Exporter Of Flat-Screen TVs

Mark Lennihan AP

Originally published on Fri November 30, 2012 9:04 am

Most of the news we hear about Mexico these days is about drug-related violence. But it turns out there's another, brighter story there: The country's economy has been growing at a solid pace for the past couple years, driven in large part by solid exports.

Among other things, Mexico is the world's largest exporter of flat-screen TVs. There are a lot of factories just south of the U.S. border, filled with workers putting together televisions. The individual parts come from Asia, but the final assembly is done in Mexico.

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Politics
3:04 am
Fri November 30, 2012

Fiscal Cliff Debate Moves To TV, In Ad War

Originally published on Fri November 30, 2012 5:05 am

Just when you thought you never had to look at another political ad, they're back — this time focused on the big debate in Washington about taxes and spending. Unions, business groups and other special interests have taken their arguments to the nation's living rooms and computer screens.

Sports
3:04 am
Fri November 30, 2012

How David Beckham Changed U.S. Soccer

Originally published on Fri November 30, 2012 5:05 am

Five years after his much-hyped arrival in the United States, David Beckham is playing his last game for the L.A. Galaxy on Saturday. David Greene speaks with Los Angeles Times sportswriter Kevin Baxter about whether Beckham lived up to America's expectations.

Business
3:04 am
Fri November 30, 2012

N.Y. Fast-Food Workers Strike For Better Wages

Originally published on Fri November 30, 2012 5:05 am

Fast-food workers staged protests Thursday at restaurants in New York. The workers said their low wages need to be raised. But with the economy still slow, restaurant managers are determined to hold down labor costs so they can offer dollar foods.

Television
3:04 am
Fri November 30, 2012

The NFL's New Target Demographic: Kids

Eleven-year-old Ish Taylor is charged with protecting the NFL — and the world — from a scheming supervillain in NFL Rush Zone: Season of the Guardians.
Nickelodeon

Originally published on Fri November 30, 2012 5:05 am

When the NFL wants to make a play for a particular demographic, they go long. To attract Latinos, it forged partnerships with Univision and Telemundo. To keep women happy, it came out with a clothing line featuring shirts that actually fit better than those boxy jerseys.

Now, to engage children, the NFL is going where kids go: Nickelodeon. NFL Rush Zone: Season of the Guardians is a new series rolling out Friday, co-branded by the NFL and Nicktoons.

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All Tech Considered
3:37 pm
Thu November 29, 2012

Yet Another Shift In Facebook Policies Raises Privacy Concerns

Joerg Koch AP

Facebook has a long history of upsetting its users by suddenly announcing a change to its privacy settings. In 2009, as a way to quiet the critics, Facebook set up a system for its customers to vote on changes. If enough of them were unhappy, the company would back down. Now, Facebook wants to get rid of the voting.

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Business
3:25 pm
Thu November 29, 2012

Lower Water Levels Dry Up Business On Great Lakes

Originally published on Thu November 29, 2012 3:37 pm

Transcript

MELISSA BLOCK, HOST:

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It's All Politics
2:51 pm
Thu November 29, 2012

Would Raising Taxes On Investment Income Hurt The Economy?

A screen grab from an ad by the Defend My Dividend campaign, which is funded by utilities and other companies. They don't support a proposed increase in taxes from investment income.
YouTube

Originally published on Thu November 29, 2012 7:53 pm

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The Salt
2:02 pm
Thu November 29, 2012

Tastier Winter Tomatoes, Thanks To A Boom In Greenhouse Growing

The taste of Mock's tomatoes starts with the seed. He uses only organic varieties, including cherry and several heirloom varieties.
Allison Aubrey NPR

Originally published on Wed December 5, 2012 6:36 am

It may sound like an oxymoron: a delicious local, winter tomato — especially if you happen to live in a cold climate.

But increasingly, farmers from West Virginia to Maine and through the Midwest are going indoors to produce tomatoes and other veggies in demand during the winter months. "There's a huge increase in greenhouse operations," Harry Klee of the University of Florida tells us.

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The Salt
10:33 am
Thu November 29, 2012

Quinoa Craze Inspires North America To Start Growing Its Own

The seeds of this goosefoot plant are known as quinoa, a superfood now in high demand and grown almost exclusively in South America. But some growers think they have the formula to grow it up north.
Janet Matanguihan courtesy Kevin Murphy

The explosion in world popularity of quinoa in the past six years has quadrupled prices at retail outlets. But for all the demand from upscale grocery stores in America to keep their bulk bins filled with the ancient grain-like seed, almost no farmers outside of the arid mountains and coastal valleys of Peru, Bolivia, Ecuador, and Chile grow it.

But plant breeders and scientists who study the biology and economics of quinoa say that is about to change.

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Politics
9:54 am
Thu November 29, 2012

Will Payroll Tax Cut Survive Fiscal Talks?

The Bush-era tax cuts are taking center stage on discussions about deficit reduction. But the payroll tax holiday is also at risk, which could cost the typical family $1,000 a year. Host Michel Martin talks with The Wall Street Journal's Sudeep Reddy about the fiscal cliff and how the outcome could affect consumers.

It's All Politics
8:10 am
Thu November 29, 2012

Why Dividends, Capital Gains Are Big Part Of Fiscal Cliff Talks

Originally published on Thu November 29, 2012 11:58 am

As the White House and Congress debate how to steer clear of the fiscal cliff, one obstacle is the president's insistence that the wealthy should pay more in taxes. And one way that could happen is through changing the rules for dividends and capital gains.

If you own a share of stock in a company today, when the company pays out a dividend, the most you're taxed is 15 percent. And if you decide to sell the stock and cash out, you'd also pay 15 percent on your profits — the capital gains.

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The Salt
6:59 am
Thu November 29, 2012

Key To E. Coli-Free Spinach May Be An Ultrasonic Spa Treatment

Spinach has lots of opportunities to pick up E. coli and other bugs during harvest and growing. Here, a Mexican migrant worker cuts organic spinach during the fall harvest at Grant Family Farms in Wellington, Co.
John Moore Getty Images

Salad producers haven't succeeded in banishing E. coli and other dangerous microbes from fresh greens, though they've tried hard. As we've reported before, it's a major challenge to both growers and the environment. But one scientist thinks he's making progress – with a spinach spa that zaps bad bugs with ultrasound.

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The Two-Way
6:48 am
Thu November 29, 2012

Third-Quarter Economic Growth Revised Upward

Better than expected: Economic growth was higher in the third quarter than first thought. Here, a worker at a Ford plant in Michigan plugs a batter into a Ford C-MAX plug-in hybrid vehicle.
Bill Pugliano Getty Images

The U.S. economy grew at a 2.7 percent annual rate in the third quarter, the Bureau of Economic Analysis says. That's a sharp upward revision in its estimate of gross domestic product growth from mid-summer into the fall. In its first look at the quarter's GDP, the agency estimated growth at a 2 percent annual rate.

According to BEA, consumer spending, inventory investment, exports and federal spending all contributed to growth from July 1 through Sept. 30.

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Europe
6:19 am
Thu November 29, 2012

Judge's Report Due On Regulating British Press

Originally published on Thu November 29, 2012 7:18 am

Transcript

STEVE INSKEEP, HOST:

Later this morning, a British judge who spent eight months investigating the excesses of the nation's media will issue his suggestions for how to rein in the sometimes rambunctious British press. Prime Minister David Cameron ordered the wide-ranging inquiry in the wake of revelations of illegal phone hacking at The Tabloid News of the World and other papers owned by Rupert Murdoch.

But as Vicki Barker reports, Cameron's likely to face an uproar whether or not he accepts Brian Leveson's recommendations.

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