Business

Business
2:45 am
Thu November 28, 2013

Retailers Hope 'Gray Thursday' Boosts Bottom Line

K-Mart was one of the chains deciding to open early this Thanksgiving Day.
Jan Somma-Hammel Staten Island Advance /Landov

Originally published on Fri November 29, 2013 12:06 am

You are not imagining it, the unofficial start of the holiday shopping season starts earlier and earlier. Black Friday has been around for decades — that's the point where retailers hope to begin to make a profit.

Shoppers looking to get a jump on deals can shop on Gray Thursday – think Black Friday intruding into Thanksgiving Day.

This Turkey Day, many national chains will open their doors early in an effort to boost sales. K-Mart opened at 6 a.m.

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Economy
2:45 am
Thu November 28, 2013

Greece's Economy Predicted To Shrink In 2014

Originally published on Thu November 28, 2013 3:08 am

The forecast, by the Paris-based Organization for Economic Cooperation and Development, was issued on Wednesday. It contrasts with that of the Greek government which says the economy will grow next year.

Shots - Health News
2:30 pm
Wed November 27, 2013

Small-Business Access To Online Health Exchanges Delayed Again

Small employers can still enroll in Affordable Care Act coverage through insurers or brokers, but not through the online exchanges.
iStockphoto

The Obama administration is delaying yet again online signup for small businesses through the Affordable Care Act. The program was intended to make it easier for small employers to provide health insurance to their workers on a more equal footing with big business.

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The Salt
1:46 pm
Wed November 27, 2013

Did Your Thanksgiving Turkey Take Any Antibiotics?

Turkeys sit in a barn in Sonoma, Calif. An estimated 46 million turkeys are cooked and eaten during Thanksgiving meals in the U.S.
Justin Sullivan Getty Images

Originally published on Wed November 27, 2013 5:02 pm

In our series Pharmed Food, we've been looking closely at how the livestock industry in the U.S. uses antibiotics, and what that might mean for human health.

And so as Americans prepare to roast and baste plump, juicy holiday birds, we couldn't help but wonder what antibiotics the average turkey might have been given.

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The Two-Way
1:04 pm
Wed November 27, 2013

Small Businesses Get One-Year Delay In Health Insurance Process

Originally published on Wed November 27, 2013 5:29 pm

The Obama administration announced it is delaying until November 2014 a requirement that small businesses shop for health insurance via the troubled federal HealthCare.gov site, which has been blamed for many problems since its launch last month. The shift applies to businesses with fewer than 50 full-time workers.

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Technology
9:39 am
Wed November 27, 2013

A Day In The Life: Blacks At The Cutting Edge Of Innovation

NPR Staff

Originally published on Mon December 16, 2013 11:17 am

NPR's Tell Me More is again using social media to reach out to a new community of leaders — this time, to recognize black innovators in technology. African-Americans represent just 5 percent of America's scientists and engineers, according to a 2010 study by the National Science Foundation.

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The Two-Way
9:28 am
Wed November 27, 2013

Judge Smooths Path For American-US Airways Merger

Cleared for takeoff: That's the message from the "new" American Airlines, after a bankruptcy judge ruled it could finalize its merger with US Airways Wednesday.
Brandon Wade AP

Originally published on Wed November 27, 2013 11:22 am

A U.S. judge says American Airlines can exit bankruptcy and join forces with US Airways Group, all but ensuring that their merger can take place within weeks. Wednesday's bankruptcy court ruling was one of the final hurdles for a huge merger that's been in the works for more than a year.

The ruling by Judge Sean Lane comes months after he gave his preliminary approval to the plan. The two companies are now planning to finalize their merger on Dec. 9, when they would combine to create the world's largest airline.

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The Two-Way
7:00 am
Wed November 27, 2013

Good News, Bad News: Jobless Claims Dip, But Key Orders Drop

While a key measure of factory orders weakened in October, there's better news about the labor market: fewer Americans are filing claims for unemployment insurance.
Mark Duncan AP

First, the good news:

There were 316,000 first-time claims filed for unemployment insurance last week, down 10,000 from the week before, the Employment and Training Administration said Wednesday.

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The Two-Way
5:36 am
Wed November 27, 2013

Judge Orders Sriracha Factory To Cool It

Frederic J. Brown AFP/Getty Images

Originally published on Wed November 27, 2013 7:02 am

Peppered with complaints from citizens about burning eyes, sore throats and headaches, city officials in Irwindale, Calif., went to court to see if they could do something about smells coming from a factory that produces Sriracha hot sauce.

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Business
5:09 am
Wed November 27, 2013

Star Trek's George Takei Adds Perfume Mogul To His Resume

The scent is being sold through Amazon and of course it's called EAU My, which is Takei's catchphrase. But for the perfume, the oh is spelled EAU.

The Two-Way
5:06 am
Wed November 27, 2013

Book News: 1640 Psalm Book Nets $14.2 Million At Auction

A copy of the Bay Psalm Book, which was printed in 1640 in Massachusetts. It was sold Tuesday at Sotheby's in New York.
Emmanuel Dunand AFP/Getty Images

Originally published on Wed November 27, 2013 7:30 am

The daily lowdown on books, publishing, and the occasional author behaving badly.

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Planet Money
3:19 am
Wed November 27, 2013

Ohio Hospital Puts Docs On The Spot To Lower Costs

Originally published on Wed November 27, 2013 11:57 am

An aspect of the Affordable Care Act is meant to rein in exploding health care costs. To do that, the law has created hundreds of experiments in which hospitals have volunteered to participate. Our Planet Money team went to one hospital in Ohio that's trying to get doctors more involved in understanding hospital economics.

Business
3:15 am
Wed November 27, 2013

The Last Word In Business

David Greene and Linda Wertheimer have the Last Word in business.

Business
3:03 am
Wed November 27, 2013

Men's Wearhouse Goes 'Pac-Man' On Joseph A. Bank

Originally published on Wed November 27, 2013 3:25 am

The retail company Men's Wearhouse has announced it is launching a takeover battle for rival Joseph A. Bank. What makes the effort unusual is that just last month Joseph A. Bank was trying to take over Men's Wearhouse. The turnaround is an example of what Wall Street calls a Pac-Man defense.

Energy
3:03 am
Wed November 27, 2013

Drilling For Oil, Based On The Bible: Do Oil And Religion Mix?

John Brown, the head of Zion Oil & Gas, believes the Bible will help him find oil in Israel. The company, which is listed on Nasdaq, has so far spent $130 million and drilled four dry holes. Brown is shown here at one of the company's drilling rigs in Israel.
Courtesy of Zion Oil

Originally published on Wed November 27, 2013 10:44 am

They say an oilman has to be a gambler, but can he be a prophet?

Zion Oil & Gas, based in Dallas, is a publicly traded company that believes it is commanded by the Bible to search for oil in Israel, both to help the Holy Land and make money for investors. The 22 employees of Zion Oil in Texas and Israel, and many of its 30,000 investors, believe the company is on a mission from God.

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Business
1:24 am
Wed November 27, 2013

How Shopping Malls Are Adapting In An Online World

Originally published on Wed November 27, 2013 9:49 am

Traditional shopping malls took a big hit after the economic collapse. Problems at big retailers Sears and J.C. Penney — two of the biggest mall tenants — could signal even more troubles.

But malls are trying to adapt. As online shopping grows, things are getting more and more competitive out in the real world of brick-and-mortar retail.

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Media
3:29 pm
Tue November 26, 2013

CBS Puts Lara Logan On Leave After Review Of Flawed Benghazi Report

Originally published on Wed November 27, 2013 6:42 am

Transcript

AUDIE CORNISH, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

An internal review of a report that aired on CBS' "60 Minutes" about the attack on the U.S. consulate in Benghazi, Libya, reached damning conclusions. Now, Laura Logan, the CBS correspondent who reported that story, and her producer are taking leaves of absence at management's request.

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Media
3:29 pm
Tue November 26, 2013

Report: Humane Association Covered Up Animal Abuse On Hollywood Sets

Originally published on Tue November 26, 2013 3:56 pm

An investigation by The Hollywood Reporter alleges that the American Humane Association has tried to cover up instances of animal abuse and deaths on Hollywood sets. Melissa Block talks with Gary Baum, a senior writer for the magazine who reported the story.

The Two-Way
1:01 pm
Tue November 26, 2013

After Internal Review On Benghazi Report, CBS Puts Logan On Leave

Originally published on Wed November 27, 2013 7:09 am

CBS has asked 60 Minutes correspondent Lara Logan to take a leave of absence, along with her producer, after her recent story on the deadly 2012 attack on the U.S. Consulate in Benghazi, Libya, was found to have multiple flaws. An internal report also found broader failings in how the news division handled the story. A summary of the report's findings was obtained by NPR on Tuesday.

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The Two-Way
11:24 am
Tue November 26, 2013

Jury Orders Newegg To Pay $2.3 Million In 'Patent Troll' Case

Originally published on Tue November 26, 2013 3:47 pm

The online retailer Newegg has lost a patent case centering on Web encryption, after a Texas jury rejected its argument that a claim from the company TQP Development was invalid. The jury ordered Newegg to pay $2.3 million — less than half the damages TQP had sought.

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Monkey See
10:39 am
Tue November 26, 2013

Katie Couric And Yahoo!: Two Brands Wondering What's Next

Katie Couric made her name on NBC's Today show, which she hosted for 15 years. Since leaving the network in 2006, Couric has anchored CBS Evening News and launched her own daytime talk show on ABC, Katie.
Ida Mae Astute AP

Originally published on Tue November 26, 2013 3:56 pm

Depending on which analyst you read, Katie Couric's move to become "global anchor" for Yahoo! News is either a "bad bet" and an "awkward fit," or an "upheaval in the pecking order" that could "signal the end of old media dominance."

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The Two-Way
10:27 am
Tue November 26, 2013

Supreme Court Will Hear New Challenge To Health Law

The Supreme Court has agreed to hear cases brought by companies who say they have religious objections to the Affordable Care Act's requirement that they offer employees health insurance that includes contraception benefits.

In a statement released late Tuesday morning, justices say they have consolidated four related cases and will hear one hour of oral arguments. That will happen next year, likely in late March.

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The Two-Way
7:18 am
Tue November 26, 2013

Home Prices Rise Again; Consumer Confidence Dips

Housing has been one of the economy's bright spots.
Steven Senne AP

Originally published on Tue November 26, 2013 8:07 am

While home prices rose in major cities across the nation during the third quarter, data suggest that the housing market is beginning to shift to a slower rate of growth, according to the economists who put together the latest S&P/Case-Shiller Home Price Indices report.

Their statistics show prices rose 3.2 percent in the quarter and were up 11.2 percent from a year earlier.

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The Two-Way
5:23 am
Tue November 26, 2013

Book News: Secret Video Documents Conditions In Amazon Warehouse

A worker at the Amazon fulfillment center in Swansea, Wales, processes orders in 2011.
Matt Cardy Getty Images

Originally published on Tue November 26, 2013 6:58 am

The daily lowdown on books, publishing, and the occasional author behaving badly.

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Business
3:14 am
Tue November 26, 2013

Uncollected Change At TSA Security Gates Adds Up

Originally published on Tue November 26, 2013 11:28 am

Transcript

STEVE INSKEEP, HOST:

If you're in the right place in the right time, you could fund your company with spare change. Because our last word in business today is: Economy Class.

Imagine you're in an airport security line and realize you have loose change in your pocket.

DAVID GREENE, HOST:

You know, you plop your coins into that little plastic bin, send it down the x-ray conveyor belt and maybe forget to pick up the change.

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Business
3:14 am
Tue November 26, 2013

Longtime Wal-Mart Employee Chosen As CEO

Originally published on Tue November 26, 2013 11:28 am

Transcript

DAVID GREENE, HOST:

NPR's business news begins with a new chief at Wal-Mart.

(SOUNDBITE OF MUSIC)

GREENE: Doug McMillon of Jonesboro, Arkansas, started at Wal-Mart in 1984. It was a summer job, he was unpacking trucks. Yesterday, he was named as the retail giant's new CEO. Not only is the 47-year-old McMillon an insider who rose through the ranks, he's one of the few executives who actually worked under founder Sam Walton.

Business
3:14 am
Tue November 26, 2013

FDA Tells Company To Stop Selling Genetic Test

Originally published on Tue November 26, 2013 11:28 am

Transcript

STEVE INSKEEP, HOST:

A high-profile genetic medical testing company is in trouble with the federal government. The Food and Drug Administration has asked 23 And Me to temporarily halt its work.

As NPR's Rob Stein reports, the FDA has accuracy concerns.

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The State Of The American Small Business
12:57 am
Tue November 26, 2013

Small Firms May Soon Turn To Crowdfunding To Sell Shares

iStockphoto

Originally published on Tue November 26, 2013 11:28 am

Crowdfunding is popular among musicians, filmmakers and artists looking for a way to finance their next project.

Now the Securities and Exchange Commission is considering rules that, for the first time, would allow small companies to solicit investments over the Internet and sell shares to the general public.

For some small firms, these new rules come as welcome news.

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Environment
12:51 am
Tue November 26, 2013

What's In It For U.S. To Cut Greenhouse Gas Emissions?

The chimneys of the Kolaghat Thermal Power Station loom above a field flooded for rice farming near Mecheda, West Bengal, India, in July 2011.
Dibyangshu Sarkar AFP/Getty Images

Originally published on Tue November 26, 2013 11:28 am

The United Nations negotiations in Warsaw over a climate treaty are moving at glacial speed — and that's in part because there's a fundamental problem.

In the coming decades, carbon dioxide emissions from China, India and other rapidly developing countries are expected to grow quickly. Residents there aspire to lifestyles Americans and Europeans enjoy today, and those nations aren't willing to slash emissions, because doing so could slow their economic growth.

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Shots - Health News
2:42 pm
Mon November 25, 2013

FDA Tells 23andMe To Stop Selling Popular Genetic Test

YouTube

Originally published on Tue November 26, 2013 11:41 am

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