The average American eats 5.6 pounds of butter — a 25 percent increase over the past decade. Its jump in popularity is due to an overall trend towards natural foods, and a "smear" campaign against processed butter alternatives.
Intel was a powerhouse in the age of personal computing, making its revenues from powerful chips built into PCs. But it has largely missed the mobile computing revolution. With PC sales slumping, Intel is intent on becoming relevant in the next wave of computing — wearables.
A Swiss banker has pleaded not guilty to charges he helped thousands of Americans evade paying their taxes. Raoul Weil was one of the top managers at UBS, a Swiss bank that helped nearly 20,000 Americans hide their assets in secret accounts.
Fifty years ago today, President Lyndon Johnson stood before Congress and declared an "unconditional war on poverty in America." His arsenal included new programs: Medicaid, Medicare, Head Start, food stamps, more spending on education, and tax cuts to help create jobs.
Lindsey Vonn's decision to sit out next month's Olympic Games because of a knee injury is surely a personal and professional disappointment for the Alpine skiing star. But Olympic athletes with Vonn's star power also mean big advertising dollars — and not competing in Sochi may create winners and losers among the skier's sponsors.
For years, tech companies raced to make the smartphone a beautiful device with soft curves and bright screens. Now, the industry is racing to make clothes that free up your hands from the phone while still connecting you to streams of digital information.
Originally published on Tue January 7, 2014 4:09 pm
In the comments section of a recent Code Switch post, a reader named Aboubacar Ndiaye gave a long but thoughtful explanation for the many reasons why housing costs are rising, and why there's no easy solution to the problem. He was gracious enough to expand on his thoughts in this commentary.
Originally published on Tue January 7, 2014 2:55 pm
Smithfield, the world's largest hog and pork buyer, announced Tuesday that it's asking the independent farmers with whom it has contracts to get rid of stalls for pregnant sows to improve the animals' living conditions.
To nudge these farmers to make the changes to their facilities by 2022, Smithfield is offering to extend their contracts once they've converted their gestational stalls into group houses, which are generally considered more humane.
This is TELL ME MORE from NPR News. I'm Michel Martin. In a few minutes, we will hear from former Minnesota Vikings punter Chris Kluwe. He had a solid eight-year career in the NFL until he was released last year. Now he's saying in a newly released open letter that it was his support for same-sex marriage off the field, not his performance on it, that cost him his job. He'll tell us more about why he thinks that in just a few minutes.
Originally published on Tue January 7, 2014 11:25 am
This post was updated at 12:00 p.m. ET.
A three-month extension of federal unemployment benefits for 1.3 million jobless Americans won a key procedural vote in the Senate on Tuesday.
The 60-37 vote indicates there's enough Republican support to move the Emergency Unemployment Compensation, which expired on Dec. 28, forward to a full vote. As The Associated Press writes, the measure "is the leading edge of a Democratic program that also includes raising the minimum wage and closing tax loopholes on the wealthy and corporations."
GREENE: Microsoft announced sales of its new Xbox One topped three million units by the end of 2013. In a blog post, the company called it the most epic launch of Xbox, by all measures.
The third-generation console was available a week before Thanksgiving. It's been competing with Sony's new baby, Playstation 4, which also launched in November. Transcript provided by NPR, Copyright NPR.
A new study from the Pew Research Center finds that age and income play a larger role than race when it comes to high-speed Internet access. Lower-income African-Americans often buy smartphones to compensate for not having a broadband connection at home. Smartphones, however, may not be enough.
It's MORNING EDITION from NPR News. Good morning, I'm Renee Montagne.
DAVID GREENE, HOST:
I'm David Greene.
We have been hearing for, well, what feels like forever about skyrocketing health care costs. It's at the center of debates in Washington and state capitals. And many people feel the impact on their wallets and pocketbooks. But here's this reality: Spending on health care, while still going up, appears to be rising more slowly. 2012 was the fourth straight year of modest growth.
Originally published on Mon January 6, 2014 5:13 pm
The Senate has voted to approve the nomination of Janet Yellen as the next leader of the U.S. Federal Reserve. With Monday's vote, Yellen, 67, will become the first woman to serve as America's banking chief, heading an institution that was established in 1913.
Every year thousands of companies from all over the world flock to Las Vegas in the first week in January to show off the products they hope to sell in the coming year. What began as a trade show featuring the latest high-fidelity stereos 40 years ago has become an annual electronics circus.
Switching gears now. Unemployment for young people is another one of those contentious political issues as well as a burden for people living through it. Overall, the unemployment rate in the U.S. is just over 7 percent, but for younger workers it's much higher. For some young workers or would-be workers in sub-groups like black teens, unemployment is at depression levels. But what you might not know is that youth unemployment is a global concern.
I'm Michel Martin and this is TELL ME MORE from NPR News. Coming up, high unemployment in the U.S. is an ongoing political issue - one reason lawmakers right now are starting to talk about extending long-term unemployment benefits. But younger workers have been particularly hard hit during the world-wide economic slowdown. We're going to take a look how youth unemployment around the world is affecting political discussions. That's in just a few minutes.
NPR's business news starts with a change of guard at the Fed.
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GREENE: The Senate is set to vote on Janet Yellen's nomination today. She is President Obama's pick to succeed Ben Bernanke as the chairman of the Federal Reserve. If Yellen is confirmed as expected, she'll take over for Bernanke at the end of this month.
OK. Our last word in business is: ski tweeting. Is that really a thing?
Well, the Australian Olympic Committee has placed a social media ban on its athletes at the Sochi Winter Games coming up in Russia. Tweeting, Facebooking and Snap-chatting join partying as officially forbidden activities.
Winter athletes can thank their summer colleagues for the new social media ban. The country's Olympic committee came up with the rule after a disappointing showing by the Australian swim team during the London Summer Games.
As far as New Year's resolutions go, saving more money is often a popular one. Actually being able to do that - well, we know how that story usually ends. But researchers may have come up with a winning method. NPR's social science correspondent Shankar Vedantam, we are all ears.
SHANKAR VEDANTAM, BYLINE: Carolann Broekhuizen is a retired life insurance claims examiner. She lives in Waterford, Michigan. Whenever she has a little extra money, there are some things she likes to do.
Congress returns to Washington this week, and Senate Majority Leader Harry Reid has pledged the first item on the agenda will be restoring long-term unemployment benefits. Those benefits expired last week, and an estimated 1.3 million people stopped receiving checks.