OK. We're seeing more signs of recovery in the housing market. Last month, foreclosure filings dropped to their lowest levels since the housing crisis hit in 2007. And overall home prices are up nationwide. But recovery is not the narrative everywhere. In some states like Connecticut, foreclosures in 2013 have been up significantly over the year before.
Reporter Kaomi Goetz of member station WSHU has the story.
And if you start hearing a buzzing noise in your community in the next few months, here's a possible reason why. You live in one of the six states chosen yesterday for testing unmanned drone aircrafts. Among the states selected by the Federal Aviation Administration is New York.
Ryan Delaney of member station WRVO in upstate New York reports that the potential for job creation and investment was behind that state's decision to submit a bid.
Originally published on Mon December 30, 2013 5:51 pm
In general, getting a cease-and-desist letter from a big corporation isn't the mark of a good day. But after a brewery owner got a letter from a law firm representing Starbucks, he saw a chance to draw distinctions between the businesses — and to be funny.
The coffee company's bone of contention, Missouri brewer Jeff Britton was told in a Dec. 9 letter, was the use of the name "Frappicino" to describe a stout served at Exit 6 Brewery, a brewpub in a tidy strip mall in Cottleville, northwest of St. Louis.
Zero. That's the total amount of revenue created by Snapchat in 2013. It's the total profit collected by Twitter. And it's roughly how much Apple's stock price has increased between early last December and now.
Which makes you wonder: With all these zeros piling up, how are so many people in Silicon Valley making so much money from technology?
Every year, research firm CB Insights offers up a report on the fastest growing and most highly valued private companies in technology — basically, the ones most likely to go public. Audie Cornish speaks with Anand Sanwal, CB Insights' CEO, for a look at the top tech IPO's expected in 2014.
Industry officials say they are on course to boost production to as many as 4 million autos annually. That's good news for Mexico but has many in the U.S. worried, especially as Audi gets ready to build a new luxury line plant in Mexico and not in the U.S.
New Year's resolutions: Sometimes we make them; usually we break them. The annual goals are intended to bring out the best in us — but what if you're already extremely accomplished?
These five women have worked hard to help others, through businesses, innovation and writing. Four of them were speakers at the TEDWomen conference earlier in December in San Francisco (Katrina Alcorn was an attendee).
In Japan, you can buy an incredible range of things from vending machines: bags of rice, fishing tackle or fresh flowers. And now you can add bras to that list — in particular the wireless "Fun Fun Week" bra.
NPR's business news starts with a tax hike for la creme de la creme.
Yesterday, French President Francois Hollande's millionaires tax got the official go-ahead from the nation's Constitutional Council. Now all salaries over a million euros will be taxed at a rate of 75 percent.
Part of the tax hike will be shouldered by companies who are paying the higher salaries. Business leaders complain the new tax will only drive more entrepreneurs and wealthy into exile.
This is MORNING EDITION from NPR News. Good morning. I'm David Greene.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne. It's been 20 years since President Bill Clinton signed into law a trade pact that wiped out many of the commercial barriers between the U.S., Canada and Mexico. The North American Free Trade Agreement was controversial. Although Congress in the end approved NAFTA, it divided lawmakers, and on both sides of the aisle.
Morning Edition has been looking back at the year through numbers — and the number for today is $15 billion. That's the approximate amount JP Morgan Chase has agreed to pay out in various fines and settlements this year. The company is widely seen as a well-managed bank but it faces big regulatory problems and its legal bills are mounting.
Federal regulators this month opened a new era in the treatment of a deadly liver virus that infects three to five times more people than HIV. Now the question is: Who will get access to the new drug for hepatitis C, and when?
The drug Sovaldi will cost $1,000 per pill. A typical course of treatment will last 12 weeks and run $84,000, plus the cost of necessary companion drugs. Some patients may need treatment for twice as long.
Millions of people are turning their thoughts to self-improvement and New Year's resolutions this week. And one of the most common resolutions, after promises to lose weight or get in better shape, is to be better about money.
A handful of entrepreneurs in the Bay Area have taken note — and they believe the time has come for you to try a different way of managing your money.
The giant retailer Target continues to feel the fallout from a massive security breach at its stores. The latest revelation: Hackers who stole credit and debit card numbers this holiday season also collected encrypted personal identification numbers.
But Brigitte Clark had no worries as she left a Target in Los Angeles on Saturday morning, her cart full of groceries.
This month, NPR's been looking at some of the numbers that bring 2013 into focus. Today, the number 10. That's how many cities and states have passed laws guaranteeing access to some kind of family leave this year, according to the National Partnership for Women and Families. That group's long championed such leave policies. And joining us now to talk about such trends is Vicki Shabo, the partnership's director of work and family programs. Welcome.
VICKI SHABO: Thank you, Jennifer. It's so great to be here.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
And we begin this hour with a milestone of 2013, a remarkable feat with far-reaching implications both at home and abroad. According to the Energy Information Agency, the United States became the world's biggest producer of oil and natural gas. NPR's John Ydstie has more on the turnaround in America's energy fortunes.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel. Retailers are wrapping up a lackluster holiday season. Overall, sales were tepid, but growth exploded online, on mobile devices and with the sale of gift cards. NPR's Sonari Glinton has that story.
Though hackers did obtain "strongly encrypted PIN data" when they got into Target's information systems, the retailer said Friday that sensitive information from customers' debit cards should not be at risk.
You're listening to MORNING EDITION, from NPR News. I'm Don Gonyea.
The holiday season will come to an abrupt end this weekend for people who have been unemployed for more than six months. Saturday, benefits expire for 1.3 million Americans who've been on the Federal Emergency Unemployment Benefit Program, which picks up where state systems usually end. That has people worried, people like Allison Gwyn(ph), a professional music teacher and actor in New York, who lost her job early in the summer.
Two decades after NAFTA created a giant North American free trade zone, the U.S. is negotiating more big trade deals that would span the Atlantic and Pacific oceans. President Obama has embraced the potential agreements as a way to improve the U.S. economy.
The recent data security breach at Target got us thinking about the plastic cards we use to pay for so many things. Just how safe are they really? And how can we protect ourselves from fraudulent charges?
To get some advice, our colleague, David Greene, called Chi Chi Wu of the National Consumer Law Center, which recently put out an advisory to consumers.
DAVID GREENE, HOST:
So every time we use a credit card or debit card when we're shopping are we opening ourselves up to some kind of risk?
Following the popularity of companies like Airbnb, which rent out a client's house or apartment to people visiting the area, more companies are trying the idea with cars. Companies like Uber help find someone to drive you around like a taxi. Another will let you rent out your car like a Zipcar while you're at work.
When it comes to health care, the rollout of the Affordable Care Act was supposed to be measured in the millions. That's how many people were expected to sign up for insurance to begin on Jan. 1.
But for both supporters and opponents of the law, there's one number that sticks out above all others. Six. That's how many people actually managed to enroll through the federal HealthCare.gov website the first day it opened, Oct. 1.