Business

Business
3:02 am
Tue March 4, 2014

Arby's Buys Pharell William's Grammy Hat For $44,000

Originally published on Tue March 4, 2014 6:04 am

The hat inspired jokes and was even compared to Arby's logo. Williams put the hat up for auction on eBay to raise funds for his nonprofit organization.

Business
3:02 am
Tue March 4, 2014

Singapore Is Now The World's Most Expensive City

Originally published on Tue March 4, 2014 6:04 am

Singapore bumped Tokyo from the top spot and beat out Paris, London and Hong Kong because of its high cost of living. The report was released by the Economist Intelligence Unit.

Shots - Health News
1:52 am
Tue March 4, 2014

Drugmakers Slash Spending On Doctors' Sales Talks

Now that Eli Lilly & Co.'s antidepressant Cymbalta and some other blockbusters have gone generic, the company is spending less on promotional activities by doctors.
Darron Cummings AP

Originally published on Thu March 6, 2014 12:14 pm

Some of the nation's largest pharmaceutical companies have dramatically reduced payments to health professionals for promotional speeches amid heightened public scrutiny of such spending, a ProPublica analysis shows.

Eli Lilly & Co.'s payments to speakers dropped by 55 percent, from $47.9 million in 2011 to $21.6 million in 2012.

Pfizer's speaking payments fell 62 percent over the same period, from nearly $22 million to $8.3 million.

Read more
Shots - Health News
1:49 am
Tue March 4, 2014

Flagging Down Taxi Drivers To Sign Up For Obamacare

Yuvania Maldonado, a counselor for President Obama's health care law, speaks with Chicago taxi driver Mohammad Chaudri at a city office where taxi drivers go to renew their license.
M. Spencer Green AP

Originally published on Tue March 4, 2014 6:04 am

Dan Ware has been driving a taxicab in Chicago for more than a decade, but he still doesn't have what many jobs offer: health insurance.

"I'm without health coverage," he says.

And that's not unusual, says Chicago Public Health Commissioner Bechara Choucair. "What we know in Chicago is that around 70 percent of taxi drivers are uninsured," Choucair says.

Read more
The Salt
1:48 am
Tue March 4, 2014

Europe Tells U.S. To Lay Off Brie And Get Its Own Cheese Names

Originally published on Tue March 4, 2014 7:19 am

What's in a name? It's an age-old question Juliet once asked Romeo in Shakespeare's famed play.

Today, it's a serious question between the U.S. and the European Union, which has said it wants U.S. food makers to stop using European names.

But depending on what food you're talking about, a name could be a lot, says Kyle Cherek, the producer and host of a TV show called Wisconsin Foodie.

Read more
Digital Life
2:23 pm
Mon March 3, 2014

What Your Data's Worth: Probably Not As Much As You Think

Originally published on Wed April 30, 2014 10:39 am

Transcript

AUDIE CORNISH, HOST:

Right now, information about the kind of purchases you make, the prescriptions you pay for, the stores and websites you frequent, it's all gathered up by data brokers. That data profile is then bought and sold, and the price is a lot lower than you might think. While your age, income, race, and other factors play a role, the cost of an individual profile is just a fraction of a penny. So what makes the data brokerage industry big business?

Read more
Remembrances
3:17 am
Mon March 3, 2014

CalPERS Chief Investment Officer Dies At 62

Originally published on Mon March 3, 2014 9:11 am

Transcript

LINDA WERTHEIMER, HOST:

Today's last word is a remembrance of chief investment officer Joseph A. Dear.

He headed the largest public pension fund in the country, the California Public Employees Retirement System, also known as CalPERS. When Dear joined the company in 2009, CalPERS had suffered brutal losses during the Great Recession - nearly $100 billion in losses. Dear turned the fund around, rebuilding it, ultimately recovering those losses. Last year, the fund earned a 16.2 percent return.

Read more
Business
1:35 am
Mon March 3, 2014

E-Cigarette Critics Worry New Ads Will Make 'Vaping' Cool For Kids

E-cigarettes was a $2 billion industry last year and it's expected to hit $5 billion this year.
Jim Watson AFP/Getty Images

Originally published on Wed March 5, 2014 3:30 pm

Electronic cigarette makers are getting bold with their advertising, using provocative new print ads and celebrity endorsements on TV. But public health advocates say these images are luring kids to hook them on nicotine.

Read more
The Salt
3:12 pm
Sun March 2, 2014

Even In A Desert, Drought Spells Trouble For Ranchers

No snowpack, no hay: In the northern Nevada, cattle feed is getting hard to come by, as sources of water diminish in supply.
Frederic J. Brown AFP/Getty Images

Originally published on Sun March 2, 2014 5:09 pm

In northern Nevada, a place famous for its wide, open spaces and expansive cattle operations, ranchers are in a bind due to the historic drought.

Much of the state is desert, so when people talk about drought, they're really talking about the snowpack in the Sierra Nevada. It's at barely 20 percent of average.

This is a huge concern for farmers and ranchers like Julie Wolf, because the mountains store the snow that melts and feeds rivers and reservoirs. These bodies of water then allow the desert to bloom with grass and alfalfa for her cattle.

Read more
Business
3:26 am
Sun March 2, 2014

Marching Into Spring, Realtors' Hopes Rise

Economists say strong home sales this spring could drive job creation, as well as boost personal wealth and consumer confidence.
iStockphoto

Originally published on Sun March 2, 2014 10:07 am

For real estate agents, March Madness has begun.

The rush is on to throw out clutter, paint walls and clean carpets. Historic data show the peak time for selling homes is April through July, and that means this is the month for spring cleaning.

"Freshen up the landscape and add that mulch now," Dallas Realtor Jeff Duffey recommended in a phone interview. "Get your over-sized furniture out of the small bedroom and put more lamps in that dark room."

The economy has a lot riding on how well people obey Duffey's marching orders.

Read more
All Tech Considered
10:54 am
Sat March 1, 2014

Tech Week: Bitcoin, Everywhere Camera And A Big Anniversary

Apparently Not: A protester holds a placard Tuesday during a demonstration in front of the offices of Mt. Gox, a Bitcoin exchange in Tokyo. On Friday, Mt. Gox filed for bankruptcy protection.
Toru Hanai Reuters/Landov

Originally published on Wed March 5, 2014 2:04 pm

It's time for your weekly look back at technology and culture coverage from NPR and beyond. A quick guide, for first-time readers: Our NPR interviews or stories are in the ICYMI section, links to the broader conversations in tech this week are in "The Big Conversation" and links we loved are in "Curiosities."

Read more
Business
7:50 am
Sat March 1, 2014

A Picket Line At The Oscars: Visual-Effects Artists To Protest

Originally published on Sat March 1, 2014 9:37 am

Hundreds of visual-effects artists are planning to picket the Academy Awards on Sunday for the second year in a row. They're hoping to bring attention to what's been happening in their industry.

The field is losing jobs and relocating to countries with bigger subsidies for employers. It's the result of a technical revolution that's changed the profession since it kicked off in the 70s with Star Wars creator George Lucas' visual-effects company, Industrial Light and Magic.

Read more
The Two-Way
6:41 pm
Fri February 28, 2014

Bill That Bans Undercover Filming At Farms Enacted In Idaho

Dairy cows feed through a fence at an Idaho farm, in this 2009 file photo. Idaho's Gov. C.L. "Butch" Otter enacted a bill Friday that criminalizes the act of secretly filming animal abuse at farms.
Charlie Litchfield AP

Idaho's Gov. C.L. "Butch" Otter has signed a bill that criminalizes the act of secretly filming animal abuse at agricultural facilities. The move comes days after the state's legislature approved the measure.

"Otter, a rancher, said the measure promoted by the dairy industry 'is about agriculture producers being secure in their property and their livelihood,'" according to the AP.

Read more
The Salt
3:22 pm
Fri February 28, 2014

'Peak Salmon' May Be Unlikely, But Threats To Farmed Salmon Loom

Farm-raised Norwegian salmon for sale in Oregon in 2009.
Natalie Maynor Flickr

Earlier this month, reporters at Bloomberg and the Financial Times suggested that we might be nearing "peak salmon" — a play on peak oil, in which we theoretically reach maximum production, and the only direction left to go is down.

Their logic? The price for a kilogram (2.2 pounds) of Norwegian farmed salmon at the end of 2013 was 50 percent higher than it had been the previous year.

Read more
The Salt
11:20 am
Fri February 28, 2014

Why The 'Non-GMO' Label Is Organic's Frenemy

The increasingly successful movement to eliminate GMO crops from food is turning out to be organic's false friend.
Robyn Beck AFP/Getty Images

Originally published on Tue March 4, 2014 9:29 am

It's easy to think of "organic" and "non-GMO" as the best buddies of food. They sit comfortably beside each other in the same grocery stores — most prominently, in Whole Foods Market. Culturally, they also seem to occupy the same space. Both reject aspects of mainstream industrial agriculture.

In fact, the increasingly successful movement to eliminate genetically modified crops — GMOs — from food is turning out to be organic's false friend. The non-GMO label has become a cheaper alternative to organic.

Read more
Race
10:00 am
Fri February 28, 2014

Will President's Initiative Be A 'Game-Changer' For Young Men Of Color?

Originally published on Fri February 28, 2014 10:30 am

Transcript

MICHEL MARTIN, HOST:

Read more
The Two-Way
6:53 am
Fri February 28, 2014

Economy Grew Less Than Thought As 2013 Came To A Close

Originally published on Fri February 28, 2014 8:32 am

The U.S. economy grew at a 2.4 percent annual rate in fourth-quarter 2013, the Bureau of Economic Analysis said Friday, as it significantly cut its estimate of how much gross domestic product grew during the last three months of the year.

Read more
The Two-Way
5:53 am
Fri February 28, 2014

Mt. Gox Files For Bankruptcy; Nearly $500M Of Bitcoins Lost

A bow and an apology: Mark Karpeles, CEO of Mt. Gox, was contrite at the start of a news conference in Tokyo on Friday in which it was announced that the firm has filed for bankruptcy.
Kyodo Reuters/Landov

Originally published on Wed March 5, 2014 2:07 pm

The scope of the collapse of what once was the world's largest bitcoin exchange took shape Friday when Mt. Gox filed for bankruptcy protection in Japan, saying it had lost track of nearly $480 million worth of the virtual currency.

Read more
Business
3:25 am
Fri February 28, 2014

Woman Trapped After Hours In A Toronto Department Store

Originally published on Fri February 28, 2014 5:27 am

Transcript

DAVID GREENE, HOST:

Economy
3:21 am
Fri February 28, 2014

CBO Assesses Affordable Care Act's Economic Effects

Originally published on Fri February 28, 2014 5:27 am

Transcript

DAVID GREENE, HOST:

On a Friday, this is MORNING EDITION, from NPR News. I'm David Greene.

The Affordable Care Act will change the way millions of Americans think about their jobs. That's essentially what the Congressional Budget Office has said in its assessment of the law's effect on the economy. They think the law will give some people the option to retire early and others the flexibility to work less.

As NPR's John Ydstie reports, this is already happening.

Read more
Business
3:21 am
Fri February 28, 2014

Delta Customers Angered By Changes To Frequent-Flier Program

Originally published on Fri February 28, 2014 7:55 am

Delta is making radical changes to its Sky Miles frequent-flier program. It is rewarding the customers who buy the most expensive tickets instead of giving miles equally based on miles flown.

NPR Story
3:21 am
Fri February 28, 2014

On Broadway, Thursday Is The New Wednesday.

Originally published on Fri February 28, 2014 5:27 am

Transcript

(SOUNDBITE OF MUSIC)

DAVID GREENE, HOST:

On Broadway, Thursday is about to become the new Wednesday.

(SOUNDBITE OF SONG FROM THE MOVIE, "PHANTOM OF THE OPERA")

UNIDENTIFIED MAN: (Singing in a foreign language)

GREENE: Several shows, including the "Phantom of the Opera," plan to move their traditional Wednesday matinee to Thursday. Wednesday afternoon performances have never been huge money makers, and some Broadway executives think Thursday matinees will draw in tourists coming for a good long weekend in New York.

Read more
Business
3:21 am
Fri February 28, 2014

App Allows Guys To Automate Texts To Girlfriend

Originally published on Fri February 28, 2014 5:27 am

Transcript

DAVID GREENE, HOST:

And that brings us to our last word in business today: Really, Bro?

For guys who forget to give enough attention, there's the Broapp. It automates text messages from guys to their girlfriends. Here are some of their sweet nothings.

(SOUNDBITE OF MUSIC)

UNIDENTIFIED MAN: Morning, Sweet Pea, I hope you have a great day. Thinking of you, Fluff Muffin.

Business
3:21 am
Fri February 28, 2014

Delaware, Nevada Sign First Multistate Internet Gaming Deal

Originally published on Tue March 4, 2014 12:00 pm

Transcript

DAVID GREENE, HOST:

NPR's business news starts with dealing with long distance.

(SOUNDBITE OF MUSIC)

GREENE: Dealing - we're talking about poker. Poker players in Delaware and Nevada will one day get to sit at the same virtual table. This week, their governors signed the first multi-state Internet gambling law.

NPR's Allison Keyes reports that while some casino I'm not so thrilled, the states see a winning hand.

Read more
All Tech Considered
1:30 am
Fri February 28, 2014

A Smartphone That Tries To Slip You Off The Grid

The Blackphone, an Android software-based mobile, encrypts texts, voice calls and video chats.
Albert Gea Reuters/Landov

Originally published on Mon March 3, 2014 8:24 am

Mike Janke used to be a Navy SEAL sniper. These days he's taking on the government and corporate America. He's the founder of Blackphone, an Android-based smartphone with privacy as its main selling point.

It's not NSA-proof — in that everything is hackable if you try hard enough. But Janke says it's taking on the entire mobile economy that lets law enforcement and companies in way too easily.

Read more
The Two-Way
4:12 pm
Thu February 27, 2014

Yellen Acknowledges Weaker Economic Data; Markets Rally

Federal Reserve Board Chair Janet Yellen gestures as she testifies during a Senate Banking, Housing and Urban Affairs Committee hearing while delivering the Federal Reserves semiannual Monetary Policy Report on Capitol Hill Thursday.
Mark Wilson Getty Images

Citing "softness" in the U.S. economy, Federal Reserve Chair Janet Yellen told a Senate panel today that the Fed will try to determine if the results are a new trend or are related to this winter's intense cold and storms. Analysts are seeing her comments as signaling a potential shift in the "tapering" of the Fed's stimulus program.

Read more
Around the Nation
3:25 pm
Thu February 27, 2014

Telework: Not Just For Moms And Millennials

New research finds that 3 out of 4 remote workers are men.
iStockphoto

Originally published on Fri February 28, 2014 10:37 am

Many people may think of a "remote worker" as a harried mom in her bathrobe or a 20-something at a coffee shop. But that image doesn't actually reflect who is working outside the office, according to a new study.

"A remote worker, someone who does most of their work outside of their employer's location, is not a woman, is not a parent and is not a Gen-Y millennial," says Cali Williams Yost, a workplace flexibility strategist and CEO of the Flex+Strategy Group.

A Remote-Working Gender Gap

Read more
The Two-Way
3:16 pm
Thu February 27, 2014

Delta's Frequent-Flier Rule Change May Be Sign Of Things To Come

Changes to Delta's frequent-flier program may ground many SkyMiles members.
Chris O'Meara AP

The friendly skies no longer seem as inviting.

Delta Airlines announced that the miles frequent fliers earn on travel will be based more on how much they spend than how far they travel.

Read more
Business
2:40 pm
Thu February 27, 2014

Wipe Off That Mustache, Milk's Got A New Slogan

Originally published on Thu February 27, 2014 5:57 pm

Transcript

MELISSA BLOCK, HOST:

If a food label doesn't move you to make a certain food choice, maybe a good marketing campaign can. For the dairy industry, the last couple of decades has meant lots of milk mustaches on celebrities from Britney Spears to Susan Sarandon, Harrison Ford to Shaquille O'Neal. The ad showing off the milk-framed pouts and smiles, also feature two words: got milk? Well, the slogan and the milk mustaches are drying up.

Read more
All Tech Considered
12:55 pm
Thu February 27, 2014

'Rent It Out': Portlandia Spoofs The Sharing Economy

In one episode of Portlandia, Carrie Brownstein and Fred Armisen started a grass-roots campaign to prevent the Olympics from ever coming to Portland.
IFC

Originally published on Thu February 27, 2014 3:16 pm

Read more

Pages