Business

Economy
2:45 pm
Mon April 7, 2014

How A Regulation Helped Ease Way For Stock Market's 'Flash Boys'

Originally published on Mon April 7, 2014 5:29 pm

Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish. In recent years, high speed computers have drastically altered the way the stock market operates. What's called high frequency trading has been getting renewed attention thanks to "Flash Boys," the latest book from Michael Lewis. In that book, he argues the changes have created a lot of new problems.

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The Two-Way
9:21 am
Mon April 7, 2014

New Airline Survey Gives Virgin America Top Rating

A man looks at a flight departure board filled with weather-related cancellations and delays at Boston's Logan Airport in January.
Charles Krupa AP

Originally published on Mon April 7, 2014 2:44 pm

U.S. airlines got their highest ratings in more than 20 years in 2013, according to an annual survey, but customers were still not satisfied with the frequency of flight delays and lost or damaged bags.

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Business
3:14 am
Mon April 7, 2014

5-Year-Old Boy Exposes Bug In Microsoft's Xbox

Originally published on Mon April 7, 2014 6:17 am

Transcript

DAVID GREENE, HOST:

Our last word in business today - pint-sized security breach.

KGTV in San Diego says Kristoffer Von Hassel recently exposed a major bug in Microsoft's Xbox. He is 5 years old.

STEVE INSKEEP, HOST:

Five years old, but Kristoffer was able to log into his father's Xbox Live account after entering the wrong password, then hitting the space bar.

(SOUNDBITE OF SPACE BAR BEING HIT)

INSKEEP: ...a bunch of times.

(SOUNDBITE OF SPACE BAR BEING HIT)

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Business
3:14 am
Mon April 7, 2014

Tech News Site Re/code Creates Buzz In Silicon Valley

Originally published on Mon April 7, 2014 6:17 am

Re/code is a new tech site that doesn't charge its readers or expect to make much from ads. Instead, it has a successful conference business. Other media also see potential profits in conferences.

Business
3:14 am
Mon April 7, 2014

Tyson Foods Recalls Frozen Chicken Nuggets

Originally published on Mon April 7, 2014 6:17 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with a warning about chicken nuggets.

(SOUNDBITE OF MUSIC)

GREENE: Tyson Foods has recalled more than 75,000 pounds of frozen chicken nuggets. Consumers complained that they found small pieces of plastic in their food that caused some minor oral injuries.

The Changing Lives Of Women
1:22 am
Mon April 7, 2014

Former Bank Executive: Women, Ask For A Raise!

Sallie Krawcheck speaks onstage at the Pennsylvania Conference for Women last year. She says when it comes to negotiating salary, "men ask and women don't."
Lisa Lake Getty Images

Originally published on Wed April 30, 2014 12:47 pm

It's not an exaggeration to say most of America's financial sector is run by men. In the securities and investment banking industries, men hold more than 80 percent of executive positions. And women hold only 17 percent of the board seats on Fortune 500 companies.

Sallie Krawcheck bucked the odds.

As former president of global wealth and investment management for Bank of America, she oversaw more than $2 trillion in assets. But corporate turnovers and personnel changes got her unceremoniously pushed out.

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Media
2:59 pm
Sun April 6, 2014

The Growing Industry Of Marijuana Advertising

Originally published on Sun April 6, 2014 4:50 pm

In Humboldt County, radio stations broadcast gardening ads geared toward the Emerald Triangle's most lucrative — but still federally illegal — industry: marijuana. NPR's Kelly McEvers speaks with broadcast lawyer Harry Cole about the legality of advertising pot and related growing products.

Food
9:22 am
Sun April 6, 2014

'Beer Culture' Revered As Belgium's Heritage

Originally published on Mon April 7, 2014 8:23 am

Transcript

RACHEL MARTIN, HOST:

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Paying For College
3:18 am
Sun April 6, 2014

Student Debt Weighs Down Women More. Blame The Wage Gap

It's probably not a surprise, but women are more burdened by student loan debt than men are. It starts right after college, when the wage gap begins.
Emma Innocenti Getty Images

Originally published on Tue April 22, 2014 2:31 pm

When Kristine Leighton graduated from a private college five years ago with a degree in hospitality, she owed $75,000 in student loans. Each month, she paid the minimum amount of $450 and lived at home with her parents on Long Island, N.Y.

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All Tech Considered
3:17 am
Sun April 6, 2014

What Silicon Valley's Cast Thinks About Silicon Valley Culture

Cast and crew on the set of HBO's Silicon Valley (from left): Zach Woods, Thomas Middleditch, Alec Berg, Mike Judge, T.J. Miller and Kumail Nanjiani.
Jaimie Trueblood Courtesy of HBO

Originally published on

Sunday night, HBO's new comedy, Silicon Valley premieres, and as a Slate review notes of the titular place, "Rarely has a show had to do so little to find so much to mock."

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Economy
5:05 pm
Sat April 5, 2014

Americans Are On The Move, But In The Wrong Direction

Moving to San Bernardino from Los Angeles may help with housing costs, but the area doesn't have much economic opportunity.
Reed Saxon AP

Jamika lives in a two-story apartment complex surrounded by a 10-foot-high security gate in San Bernardino, Calif. The yellow paint on the buildings' outside walls is peeling.

She doesn't want to use her full name. She doesn't want too many people to know about her situation.

Jamika and her siblings had to leave the house her family was renting in South Central L.A. when the property went into foreclosure. With money so tight, Jamika moved to San Bernardino, along with three of her siblings.

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The Two-Way
10:29 am
Sat April 5, 2014

Ban On Stores' Late Hours Is Lawful, French Court Says

The Paris Sephora store, seen here on a night last fall night on the Champs-Elysees, must close at 9 p.m., a high court has ruled. The cosmetics chain had required workers to keep the store open until midnight.
Kenzo Tribouillard AFP/Getty Images

Originally published on Sun April 6, 2014 7:53 am

France's ban keeping stores from being open late at night does not run afoul of the country's constitution, a top court has ruled. Cosmetics retailer Sephora had hoped to keep its flagship Paris store open until midnight. Instead, the shop must observe the traditional closing time of 9 p.m., according to the ruling.

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All Tech Considered
9:28 am
Sat April 5, 2014

Tech Week: Amazon Fire, The Mozilla Debate, Nest's Recall

Amazon's vice president of Kindle, Peter Larsen, displays the Amazon Fire TV.
Andrew Burton Getty Images

It's the weekend, which means it's time to look back on the tech week that was. It wasn't a slow week, so here we go:

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Your Money
5:52 am
Sat April 5, 2014

Money Might Change Your Wallet — And Your Very Nature

Originally published on Sat April 5, 2014 9:18 am

Having money can make you callous and uncaring. For the TED Radio Hour, University of California Berkeley psychologist Paul Piff explains the research to back up this conclusion.

The Two-Way
3:26 pm
Fri April 4, 2014

McDonald's Shuts Its Restaurants In Crimea

The McDonald's fast food restaurant in Sevastopol, Crimea, in a photograph taken on Friday.
Anton Pedko EPA/Landov

Originally published on Fri April 4, 2014 4:21 pm

McDonald's, citing the "evolving situation" in Crimea, said Friday it was closing its three restaurants on the Black Sea peninsula, but the move has prompted one prominent Moscow politician to call for the fast-food giant to be booted from all of Russia.

"Due to operational reasons beyond our control, McDonald's has taken the decision to temporarily close our three restaurants in Simferopol, Sevastopol and Yalta," a spokeswoman said.

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Business
3:00 pm
Fri April 4, 2014

Expecting A Spring Thaw, Shops And Restaurants Warm To Hiring

Employment and wages are increasing, along with hopes for more consumer spending, analysts say.
Matt Rourke AP

Originally published on Fri April 4, 2014 3:37 pm

As winter loosens its grip, employers are taking on more help.

Hotels, bars and restaurants added 33,000 workers, while retailers tacked on 21,000 jobs in March, the Labor Department said Friday. Economists say those increases suggest employers are growing more confident that Americans will be spending more this year.

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Economy
2:17 pm
Fri April 4, 2014

Life Without Jobless Benefits: Watching, Searching And Praying

Josie Maisano poses with her congressman, Democrat Sander Levin of Michigan. Levin says if Congress can't respond to people like Maisano, "we've failed."
Tamara Keith NPR

Originally published on Fri April 4, 2014 5:11 pm

There's a small frame hanging on the wall near the computer Josie Maisano uses to search for work. Inside there's a picture of her at this year's State of the Union address and a blue ribbon that Democrats wore that night to highlight the plight of people like Maisano, whose unemployment benefits stopped at the end of December.

"Oh, my God. It was just a once-in-a-lifetime experience," says Maisano. "Listening to President Obama, it was just very, very heartwarming."

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All Tech Considered
2:17 pm
Fri April 4, 2014

It's Complicated: When A CEO's Personal Position Becomes Public

Mozilla co-founder Brendan Eich in 2010.
Drew McLellan Flickr

Originally published on Fri April 4, 2014 4:18 pm

The Mozilla controversy that played out over the past two weeks bursts with ironies. And this one is perhaps the most prominent: The free speech that Mozilla co-founder Brendan Eich spent his life's work defending and enabling — and an open-Web revolution Eich helped lead — drove his unseating. It raises questions about how a company leader's personal convictions should be judged.

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Parallels
1:24 pm
Fri April 4, 2014

U.S. Taps New Energy Sources, And Potential Geopolitical Clout

Gas and oil extraction using hydraulic fracturing, or fracking, is at the heart of the recent U.S. oil and gas boom. Here, an oil field on the Monterey Shale formation in McKittrick, Calif.
David McNew Getty Images

Originally published on Fri April 4, 2014 4:18 pm

The recent oil and natural gas boom in the U.S. is paying major dividends for Washington's geopolitical clout. Thanks to hydraulic fracturing, the U.S. is awash in domestic energy, which is having a ripple effect globally.

If you want to gauge one effect of this newfound energy wealth, you don't have to look any further than the current crisis between Russia and Ukraine, says Michael Levi, a senior fellow for energy and the environment at the Council on Foreign Relations.

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The Salt
12:58 pm
Fri April 4, 2014

Cuisine And Culture Transform A Dallas Neighborhood

Trinity Groves, a sprawling food incubator in West Dallas, has attracted diverse chefs and huge crowds.
Rebecca Combs Courtesy of Trinity Groves

Originally published on Fri April 4, 2014 4:18 pm

Can food revitalize an ailing neighborhood? In Dallas, global flavors seem to be playing a pretty big part in one area's transformation.

For decades, West Dallas was a ramshackle place: a Superfund site with a cement plant, some crime-ridden warehouses and a modest Latino neighborhood known as La Bajada across a potholed two-lane bridge from the glittery downtown.

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The Two-Way
12:01 pm
Fri April 4, 2014

Nest Halts Sales Of Smoke Detector, Disables 'Wave' Feature

The Nest smoke and carbon monoxide alarm.
Marcio Jose Sanchez AP

Originally published on Fri April 4, 2014 12:28 pm

The Google-owned Nest Labs has halted sales of its smoke and carbon monoxide detectors, the company announced on its website.

In a letter from CEO Tony Fadell to customers, he said the company was concerned that users could unintentionally disable the device by waving their hands in front of it.

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The Salt
10:04 am
Fri April 4, 2014

Tasting French Fries For A Living Can Be A Pain In The Mouth

Food companies invest heavily in running their products through taste tests with trained sensory panelists. Here, a blind taste testing event at McDonald's headquarters in Oak Brook, Ill., in 2012.
Bloomberg/Getty Images

Originally published on Thu April 10, 2014 6:18 am

Behind all of the mass-produced food that's churned out by fast-food restaurants and cafeterias is a hidden army of workers: professional taste testers, or "sensory panelists." Their job is to evaluate every aspect of a food product — from the texture to the spice combination to the salt levels — before it hits consumers' plates.

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The Two-Way
6:42 am
Fri April 4, 2014

Jobless Rate Holds Steady As Employers Add 192,000 Jobs

This recruiter was waiting to meet with job seekers at a career fair last year in King of Prussia, Pa.
Matt Slocum AP

Originally published on Fri April 4, 2014 11:09 am

This post has been updated.

The nation's unemployment rate was unchanged at 6.7 percent in March, the Bureau of Labor Statistics reported Friday.

Meanwhile, there were 192,000 more jobs on public and private payrolls last month — a bit under the 200,000 or so economists had expected but still above the average growth in previous months.

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Economy
4:39 am
Fri April 4, 2014

March Unemployment Rate Unchanged At 6.7 Percent

Originally published on Fri April 4, 2014 10:10 am

The Labor Department said U.S. employers added 192,000 jobs in March, which is seen as a sign that the economy is rebounding. The unemployment rate remained steady at 6.7 percent.

Business
3:10 am
Fri April 4, 2014

Did A Federal Safety Agency Help General Motors Avoid A Recall?

Originally published on Fri April 4, 2014 6:22 am

As details emerge about GM's handling of an ignition switch recall, a question is raised again: What is the relationship between regulators and the regulated, and the revolving door between the two?

Planet Money
2:59 am
Fri April 4, 2014

New Web Addresses Provide Alternatives To Crowded Domains

Originally published on Fri April 4, 2014 6:22 am

Transcript

STEVE INSKEEP, HOST:

On a Friday it's MORNING EDITION from NPR News. Good morning. I'm Steve Inskeep.

LINDA WERTHEIMER, HOST:

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All Tech Considered
1:14 am
Fri April 4, 2014

Twitch Boosts A New Pro Category: Video Game Player

"I make a living attempting to beat video games on my show, and people watch," says Jayson Love, whose stage name is Man.
Twitch.tv screengrab

Originally published on Fri April 4, 2014 11:01 am

It may not surprise you that Netflix uses more bandwidth at peak hours than any other company, followed by Google and Apple. No. 4 on the list, though, is Twitch.tv.

Twitch is a company devoted to live interactive broadcasting of people playing video games. It's helping to launch a new type of broadcast professional.

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Rethinking Retirement: The Changing Work Landscape
4:02 pm
Thu April 3, 2014

One More Speed Bump For Your Retirement Fund: Basic Human Impulse

We hate losing twice as much as we love winning, behavioral researchers say. And that gets us into trouble with financial decisions.
iStockphoto

Originally published on Thu April 3, 2014 5:34 pm

Saving for retirement is a challenge facing most Americans. Research shows the challenge is made harder by our basic human impulses. We know we should be saving. But we don't. We consistently make bad financial decisions.

One thing that leads us astray is what behavioral economists call "loss aversion." In other words, we hate losing. And that gets in the way of us winning — if winning is making smart financial decisions.

How A Smashed Car Is Like A Smashed Nest Egg

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All Tech Considered
2:28 pm
Thu April 3, 2014

A Week Into His New Job, Controversy Forces Mozilla CEO To Resign

Mozilla co-founder Brendan Eich in 2010.
Drew McLellan Flickr

Originally published on Fri April 4, 2014 6:22 am

Brendan Eich, embattled co-founder of Mozilla and creator of the JavaScript programming language, has stepped down from his new role as CEO of Mozilla, the nonprofit foundation and tech company behind the Firefox browser.

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Business
2:02 pm
Thu April 3, 2014

Transatlantic Duo Looks Into The Future Of Flight

Originally published on Thu April 3, 2014 5:34 pm

Transcript

ROBERT SIEGEL, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.

And now, Delta Airlines and Virgin Air go together like Ford and Jaguar? That one didn't go so well. But in the case of these two very different airlines, which are global partners, marriage appears to be working out. So say our next two guests, Delta CEO Richard Anderson and Virgin founder Sir Richard Branson, they're both in Washington attending the U.S. Chamber of Commerce Aviation Summit this week.

And they've joined me in the studio. Welcome to both of you.

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