Business

Business
4:09 am
Fri February 1, 2013

Advertisers Want Eye Balls On Sunday's Super Bowl

Originally published on Mon February 4, 2013 6:59 am

Transcript

STEVE INSKEEP, HOST:

Something tells me a few people may be hoisting a few cold ones on Sunday. One hundred ten million people are expected to tune into the Super Bowl then. And, of course, it's not just the game that attracts people, it's also the ads. Viewers who watched the 1984 Super Bowl may not recall who won the game, but they may well remember the ad that Ridley Scott directed for Apple. And you may not recall very many plays from last year's Super Bowl, but I bet you heard about the Chrysler ad starring Clint Eastwood.

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Business
4:09 am
Fri February 1, 2013

Justice Department Moves To Block Beer Merger

Originally published on Fri February 8, 2013 8:38 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with fears of a beer monopoly.

(SOUNDBITE OF MUSIC)

MONTAGNE: The Justice Department has filed a lawsuit to block Anheuser-Busch InBev from buying Grupo Modelo, the brewer of Corona.

As NPR's Ailsa Chang reports, the government says preventing the acquisition is the only way to keep beer prices down.

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Author Interviews
1:47 am
Fri February 1, 2013

Netflix Moves Back Into Content Production With 'Cards'

Justin Sullivan Getty Images

Originally published on Tue February 12, 2013 9:26 am

Netflix customers will soon have a new option: Along with the company's usual offerings, viewers will be able to watch a new show called House of Cards, a political drama adapted from a British show, and starring Kevin Spacey. David Fincher (known for The Social Network and Seven) will direct the first two episodes. But what's new about House of Cards is that all 13 episodes will be available at once — and they were financed by Netflix itself.

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Business
3:59 pm
Thu January 31, 2013

Fishermen Worry Cod Limits Could Put Them Out Of Business

Originally published on Thu January 31, 2013 5:55 pm

Transcript

AUDIE CORNISH, HOST:

You're listening to ALL THINGS CONSIDERED from NPR News.

Making a living in commercial fishing in the Northeast has gotten tougher with each passing year. Now, regulators have announced strict new limits on the amount of cod fishermen can haul in from Massachusetts to Maine. It's part of an effort to rebuild severely depleted fish stocks.

As Maine Public Radio's Jay Field reports, some fishermen worry the new restrictions may finally put them out of business for good.

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Law
3:50 pm
Thu January 31, 2013

'Check Yes Or No': The Hurdles Of Employment With Criminal Past

For Americans with criminal records, it can be tough to land job interviews — especially when employers bar them from applying.
CYH iStockphoto.com

Originally published on Thu January 31, 2013 5:55 pm

Melissa spent months looking for a job — any job. For days, the 25-year-old consistently visited her welfare-to-work program in downtown Brooklyn, resume in hand and an interview smile splashed across her face.

"Every day, Monday through Friday, 9 to 4," she explains. "That's dedication."

Melissa, who asked us to not reveal her last name, has plenty of job experience. She's a self-identified "people person" and says she aces every interview. But there's just one thing holding her back: the past.

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All Tech Considered
1:18 pm
Thu January 31, 2013

What's Next, A Patent For The Lines Around Apple Stores?

Apple has trademarked its minimalist store design.
U.S. Patent and Trademark Office

Officially as of last week, there's nothing quite like Apple's stores. After an array of patents of its products, Apple has decided to go whole hog and trademark its minimalist store design. The trademark was approved by the U.S. Patent and Trademark Office on Jan. 22, Reuters reported.

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The Two-Way
10:57 am
Thu January 31, 2013

U.S. Moves To Halt AB InBev's Purchase Of Grupo Modelo

A $20.1 billion merger of beer conglomerates is now delayed, after the U.S. Justice Department sued to stop Anheuser-Busch InBev's acquisition of Mexico's dominant brewer, Grupo Modelo, Thursday. The agency's antitrust division says the two corporations haven't done enough to protect consumers.

The deal would put Corona, Bud Light, Stella Artois, and other popular beers under the same corporate umbrella, ending the competition that Justice officials say has resulted in lower prices. The Mexican government approved the merger last November.

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The Two-Way
10:08 am
Thu January 31, 2013

Citing Progress, White House Disbands Jobs Council

Originally published on Thu January 31, 2013 10:43 am

The White House said today that it would not extend the term of its jobs council, a group of high-profile executives tapped for advice on how to improve the country's jobs situation.

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The Two-Way
6:51 am
Thu January 31, 2013

Growth In Incomes, Spending Slowed In 2012; Jobless Claims Jumped Last Week

Consumer spending rose in 2012, but not by as much as the year before. In December, these shoppers were out and about in Glendale, Calif.
Robyn Beck AFP/Getty Images

Americans' personal incomes grew by 3.5 percent in 2012, compared with 5.1 percent growth the year before, the Bureau of Economic Analysis reports. And it says consumer spending rose 3.6 percent last year, vs. 5 percent in 2011.

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The Salt
6:38 am
Thu January 31, 2013

Future Farms Of America Might Not Include Much Family

Honey, what if the kids don't want it?
Goran Ljubisavljevic iStockphoto.com

It may sound like a line from The Godfather, but some agricultural specialists advise that farming isn't personal; it's business. And family farms need to think and act more like a business to survive in a competitive world, says Bernie Erven, professor emeritus in the department of agricultural economics at Ohio State University.

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The Two-Way
6:09 am
Thu January 31, 2013

Hack Attack On 'New York Times' Looks Like Part Of Chinese Campaign

Ramin Talaie Getty Images

Originally published on Thu January 31, 2013 2:57 pm

  • From 'Morning Edition': Renee Montagne speaks with reporter Nicole Perlroth

This news ...

"For the last four months, Chinese hackers have persistently attacked The New York Times, infiltrating its computer systems and getting passwords for its reporters and other employees."

... appears to be "part of a broader campaign against American media reporting on Chinese leaders," NPR's Louisa Lim reports from Beijing.

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Business
4:10 am
Thu January 31, 2013

The Last Word In Business

Originally published on Thu January 31, 2013 5:36 am

BlackBerry has unveiled a new smarthphone that it hopes will woo back the many customers it lost in the past few years. Among its strategies, the company appointed singer Alicia Keys as its global creative director. But in the last few days Keys was found to be tweeting from an iPhone, one of BlackBerry's big rivals.

Business
4:10 am
Thu January 31, 2013

Business News

Originally published on Thu January 31, 2013 5:08 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with advertisers liking Facebook.

(SOUNDBITE OF MUSIC)

MONTAGNE: Facebook says its mobile advertising business nearly doubled from the third to fourth quarter of 2012. As a whole, the company's ad business grew at its fastest rate since it went public last May.

STEVE INSKEEP, HOST:

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Business
4:10 am
Thu January 31, 2013

Economists Shrug Off Weak U.S. Growth Rate

Originally published on Thu January 31, 2013 5:11 am

The economy shrank a bit in the fourth quarter and analysts are trying to figure out why. It's clear that declines in business inventories and government spending played a role, but was the real problem the narrowly averted fiscal cliff?

Business
4:10 am
Thu January 31, 2013

Lenovo Believes PCs Will Still Be Necessary

Originally published on Thu January 31, 2013 4:47 am

Chinese computer company Lenovo has become the world's biggest seller of personal computers. Steve Inskeep talks to Vijay Vaitheeswaran, a correspondent for The Economist, about his recent article in the magazine on the rise of Lenovo.

Planet Money
3:16 am
Thu January 31, 2013

Should Gun Owners Have To Buy Liability Insurance?

George Frey Getty Images

Originally published on

Note: We originally published a version of this post a few weeks ago. We are republishing it now to coincide with our story airing today on Morning Edition.

All kinds of proposals to reduce gun violence have been floated recently. One idea that has gotten the attention of economists is liability insurance. Most states require car owners to have liability insurance to cover damages their vehicles cause to others; some economists think we should require the same of gun owners.

We reached out to a few economists to get their thoughts.

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Business
2:08 am
Thu January 31, 2013

Boeing Contract Offer Could Prompt Engineers Strike

A Boeing 787 under construction inside a production facility at a Boeing plant in Everett, Wash., last year.
Susan Walsh AP

Originally published on Fri February 1, 2013 12:18 pm

Boeing is scrambling to figure out why batteries malfunctioned on its 787, prompting officials to ground the airplane this month. And at a time when Boeing most needs its skilled engineers, they're weighing a possible strike. Union leaders are considering the company's final contract offer.

The standoff between Boeing and about 23,000 engineers and technicians — mostly in the Seattle region — has been brewing for months. Dozens of them recently packed a union hall south of Seattle for training in how to run a picket line.

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Business
4:18 pm
Wed January 30, 2013

Grounding Of 787s Creates Doubts About 'Business As Usual' At Boeing

Investigators are still looking into the cause of fires and overheating aboard Boeing's new 787s.
Shizuo Kambayashi AP

Originally published on Wed January 30, 2013 5:39 pm

Boeing generated more cash than expected last year and reclaimed the top spot over rival Airbus as the world's biggest airplane maker.

But all that was overshadowed by the fact that its entire fleet of 787s is grounded after batteries on two of its planes either overheated or caught fire.

"For 2013, our first order of business, obviously, is getting the 787 back into service," Boeing CEO James McNerney says.

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Business
3:49 pm
Wed January 30, 2013

After Struggling, Blackberry Unveils Two New Smartphones

Originally published on Wed January 30, 2013 4:18 pm

Melissa Block speaks with Steve Henn about the reinvention of Samsung and Blackberry.

The Two-Way
10:34 am
Wed January 30, 2013

BlackBerry Maker Unveils New Phones, New Corporate Name

A member of the RIM team poses with one of the new touchscreen Z10 Blackberry devices.
Leon Neal AFP/Getty Images

It's no secret that Research In Motion is in trouble. The tablet device it released in 2011 did so poorly the company took a $485 million hit. Android phones and Apple's iPhone have left the company in the technology graveyard.

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Economy
8:43 am
Wed January 30, 2013

In 4th Quarter, Economy Shrank For First Time Since '09

Originally published on Wed January 30, 2013 8:44 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. I'm Steve Inskeep, with Renee Montagne. Good morning.

Let's try again, shall we, to explain what it means when we hear that the U.S. economy shrank in the fourth quarter of 2012. As we've discussed elsewhere in the program, the decline was slight - just one-tenth of a percentage point - but it is the first contraction of the economy since the Great Recession officially ended in 2009. NPR's Jim Zarroli is with us once again in New York. Jim, good morning.

JIM ZARROLI, BYLINE: Good morning.

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The Two-Way
7:08 am
Wed January 30, 2013

192,000 Jobs Added To Payrolls This Month, Report Signals

Looking for work: In Birmingham, Ala., last summer, Jessica McQueen (left) and Ashley Abramson were among those filling out applications at a jobs fair.
Joe Songer Birmingham News /Landov

After bad news about late 2012 — that the U.S. economy shrank a bit in the fourth quarter — there's modestly good news about early 2013:

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The Two-Way
6:48 am
Wed January 30, 2013

Economy Shrank At 0.1 Percent Annual Rate In Fourth Quarter

Originally published on Wed January 30, 2013 7:11 am

The U.S. economy shrank at a 0.1 percent annual rate in the fourth quarter, the Bureau of Economic Analysis reports, its first quarterly contraction since the second quarter of 2009.

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The Two-Way
6:15 am
Wed January 30, 2013

Report: Your Salary Data May Be For Sale

Fill out an application for a loan, and your wage history may go places you didn't expect.
Joe Raedle Getty Images

Originally published on Wed January 30, 2013 4:42 pm

If you've earned a paycheck in recent years, you'll probably want want to know about this:

The Equifax credit reporting agency, NBC News reports, has collected 190 million employment and salary records on about one-third of U.S. adults and has sold some of the information "to debt collectors, financial service companies and other entities."

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Business
3:33 am
Wed January 30, 2013

Profit-Sharing Checks Replace Autoworkers Raises

Originally published on Wed January 30, 2013 8:44 am

Transcript

STEVE INSKEEP, HOST:

The Ford Motor Company also announced its earnings yesterday, saying it had a pre-tax profit of $8 billion for 2012. And that gives union employees a reason to celebrate. They will each get a profit sharing check of $8,300 - a record high amount.

There's also some good news coming for General Motors workers, as Michigan Radio's Tracy Samilton reports.

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Business
3:33 am
Wed January 30, 2013

The Last Word In Business

Originally published on Wed January 30, 2013 8:44 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: trademarks inside of trademarks.

Apple is understandably wary of other businesses trying to steal its vibe. Fake Apple stores have popped up in China that seem so authentic that even the employees thought they were real.

RENEE MONTAGNE, HOST:

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Television
3:33 am
Wed January 30, 2013

Competition, High Bills Hurt Cable Companies

Originally published on Wed January 30, 2013 8:44 am

Transcript

STEVE INSKEEP, HOST:

OK. In the next few days, cable companies announce how they did financially in 2012. Most industry watchers expect some negative trends to continue. More people are canceling their cable subscriptions. They are called cord cutters, because they are getting TV from the Internet and over the air, not their cable cords. But they're not the only problem the cable industry needs to worry about. NPR's Neda Ulaby reports.

NEDA ULABY, BYLINE: Meet Comcast's worst nightmare.

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Business
3:33 am
Wed January 30, 2013

Fourth-Quarter Reports: Boeing Profits Up, Amazon Down

Originally published on Wed January 30, 2013 8:44 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with steady profits from Boeing.

(SOUNDBITE OF MUSIC)

Business
3:33 am
Wed January 30, 2013

RIM To Unveil BlackBerry Makeover

Originally published on Wed January 30, 2013 8:44 am

Transcript

RENEE MONTAGNE, HOST:

And there was a time only a few years ago when the BlackBerry was the undisputed champion of the smartphone market - a title now held by Apple's iPhone or the Samsung Galaxy. After years of falling sales and strategic blunders, the company that many have already written off, is unveiling a new device today. It's called the BlackBerry Z10.

And to talk about whether it can save the company, we called Rich Jaroslovsky. He's technology commentator for Bloomberg News.

Glad to have you on the show again.

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Economy
2:29 pm
Tue January 29, 2013

Latest Figures Suggest U.S. Housing Recovery Is Still On Track

Originally published on Mon February 4, 2013 12:29 pm

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

Home prices were either up or down, depending on how you read the latest Case-Shiller survey, which was released this morning. Prices were down a bit in November from the previous month, but up sharply compared to the previous year. Taken together, most analysts say the housing recovery is still on track. And joining us now to discuss the housing market is NPR's Yuki Noguchi. Hi there, Yuki.

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