Boeing just extended its contract in Washington, keeping more than 10,000 jobs in state, partly by adjusting employees' pension plans. Last week, we heard on this program how these kinds of deals can cripple the middle class as corporations shift benefit costs from their books into the pockets their workers.
Today, Jacob Kirkegaard of the Peterson Institute for International Economics offers a counterpoint to David Greene, beginning with a breakdown of what that means for workers.
The recent disclosure that a large trove of customer information was stolen from Target, and now also from Neiman Marcus, points to growing vulnerabilities in cybersecurity. And experts say the problem is becoming more difficult to combat.
The North American International Auto show begins this week in Detroit, a preview of the most important car technology on the horizon. One of the stars of the show this year is the Ford F-150, a truck that's been the best-selling vehicle in the U.S. for decades. And it's by far Ford's most important model.
On Monday, the company unveiled a radically new more fuel-efficient redesign of the F-150 — featuring a lighter-weight aluminum body.
Originally published on Tue January 14, 2014 7:07 am
Editor's Note: If you can't tell from your own Facebook or Twitter feeds, many young couples these days are sharing news of their growing families by making pregnancy announcements via social media. So our social media team's Melody Kramer decided, if you can't beat 'em, improve 'em! Here's her humorous take on how to really think through the social media strategy of the baby to be, er, "product" you're about to "launch."
Originally published on Mon January 13, 2014 3:08 pm
For many users and advocates of marijuana, the boom in the West Coast growing industry may be all good and groovy. But in California, critics say the recent explosion of the marijuana industry along the state's North Coast — a region called the "emerald triangle" — could put a permanent buzz kill on struggling salmon populations.
NPR's business news starts with a little German engineering.
(SOUNDBITE OF MUSIC)
INSKEEP: Volkswagen has announced plans to invest $7 billion in its North American operations. It's part of an effort to boost sales in the United States, which slid 7 percent last year. A new seven-seat SUV designed specifically for the American market is a central part of the new investment plan.
It is believed the new vocal will be built at VW's plant in Chattanooga, Tennessee. Transcript provided by NPR, Copyright NPR.
President Obama is expected to announce Friday how he wants to reform surveillance programs run by the National Security Agency. Those previously secret programs were exposed by former NSA contractor Edward Snowden. American technology companies are among those pushing hardest for change. Having been caught up in the surveillance controversy, they are braced for battle. NPR's Tom Gjelten dubs that battle the NSA versus the techs.
Financial writer Tim Harford, author of the new book The Undercover Economist Strikes Back, says the poverty line for a single American in 2012 was $30.52 per day. But Harford, talking with NPR's David Greene, says it's also about how people view themselves and how they're viewed by other people.
This is WEEKEND EDITION from NPR News. I'm Rachel Martin. If you use a credit card - and most of us do - it's hard not to be a little concerned. Discount retailer Target continues to apologize for a massive security breach over the holidays. And just yesterday, the high-end retailer Neiman Marcus disclosed that shoppers at its stores have been compromised as well. Independent investigative reporter Brian Krebs was the first to report on both these security breaches. He joins us to talk more. Welcome to the program, Brian.
As the White House continues dealing with well-publicized problems with the HealthCare.gov website, there's at least one big question related to the Affordable Care Act that's outside the president's control: Can employers with religious objections be compelled to provide access to contraception coverage for their workers?
Supreme Court Justice Sonia Sotomayor has granted a temporary injunction while she considers a challenge to the contraception requirement by a group of nuns called the Little Sisters of the Poor. The Catholic organization serves the poor elderly.
This is WEEKEND EDITION from NPR News. I'm Scott Simon.
The biggest show in Vegas this week wasn't Celine Dion or DJ Afrojack. It was the Consumer Electronics Show. The annual show where buyers, journalists and consumers get a first look at new tech products that are about to hit the market. Snoop Dogg was there, Secretary of Commerce Pritzker was there. And so was NPR's Steve Henn, who joined us as the show was packing up, from the floor of the Consumer Electronic Show on Friday. Steve, thanks so much for being with us.
This is WEEKEND EDITION from NPR News. I'm Scott Simon. Yesterday's jobs report came as something of a surprise after several months of positive economic news. Employers added just 74,000 jobs. Economists had been expecting businesses to generate nearly three times that many. A few people were heartened by the fact that the unemployment rate fell to 6.7 percent, the lowest since October 2008. As NPR's Chris Arnold reports, the numbers reflect that many of the long-term unemployed have simply given up looking for work.
Upscale retailer Neiman Marcus isn't yet saying how many customers might be at risk, but it is confirming that a breach of credit card data took place. The company says it learned of "potentially unauthorized payment card activity" before Christmas. The company says it is working with federal investigators, and a forensics team is trying to determine the size of the breach.
Nevada's big casinos are on a losing streak. For the fifth straight year, the state's largest casinos are reporting net losses – in this case, a total of $1.35 billion in the most recent fiscal year. That's the news from a report released by the Nevada Gaming Control Board Friday, which focuses on casinos that gross at least $1 million in gaming revenue.
Just as the Senate seemed to descend into another round of partisan gridlock, this time over extending emergency jobless benefits, the arrival of a surprisingly weak December jobs report raised the pressure on Congress to act.
The question is whether news that the economy created a mere 74,000 jobs last month — far fewer than the 200,000 forecasters predicted — delivered enough of a jolt to Capitol Hill, where what seemed like bipartisan progress on the issue early in the week had reverted to partisan nastiness.
The town of Spencer, in central Massachusetts, isn't well known for ... well, anything, really. But it's about to become internationally famous — at least in beer-drinking circles.
Spencer is home to St. Joseph's Abbey, where robed monks are busy brewing the first American Trappist beer. If all goes as planned, Spencer Trappist Ale will be available in Massachusetts retail stores by the middle of next week.
Changes are coming soon to the way the National Security Agency gathers information about people all over the globe. President Obama is slated to speak next Friday about what action he'll take to revamp the NSA surveillance programs, which were revealed in news leaks from former NSA contractor Edward Snowden. The president has been meeting with stakeholders for several months, including executives from some of the biggest technology firms.
From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.
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The retail giant Target delivered more bad news today. The company was the victim of a massive security breach before Christmas, and today it announced that that cyber-attack was much worse than originally reported. NPR's Sonari Glinton explains.
It's ALL THINGS CONSIDERED from NPR News. I'm Audie Cornish.
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Is it a bad economy or just bad data? That's the question today after a new round of disappointing employment numbers. The government reported the economy added just 74,000 jobs in December, well below expectations. The other surprise, the unemployment rate still dropped.
NPR's John Ydstie spent the day talking with economists about the report, and many say they just don't believe it.
You never know where you might find a volunteer with a clipboard looking for signatures trying to get a voter referendum on the local ballot – like Ed Flanagan in the town of North Pole, Alaska.
"I'm out in what's called the North Pole transfer station. This facility has about 50 metal dumpsters arranged in a fenced area. Folks back up and throw their household trash in there. This is a very busy place," he says.