Netflix offers children's programs which can be screened on computers or TVs. And it says streaming of those programs goes up over the summer, about 30 percent. It's not hard to figure out why - school's out. Screens are on. This month we're focusing on media for kids, and our media critic Eric Deggans says that Netflix - as well as its rival, Prime Instant Video from Amazon - are both trying to capture a big and growing market.
Some of the magic at Disney was always that you could pick a theme park - any theme park - and the price for a day pass would be the same. Well, no more. This month for the first time, Disney began charging more for a day in Magic Kingdom in Orlando than for its other parks.
Matthew Peddie, from member station WMFE, explains why.
MATTHEW PEDDIE, BYLINE: A one-day pass to the Magic Kingdom now costs $95 - compared to $90 for entrance to its other parks: Epcot, Animal Kingdom or Hollywood Studios.
A woman tries on a jacket at a Zara store in Madrid. Zara's parent company, Inditex, was among Spanish companies to sign fire and building safety agreements for their factories in Bangladesh following a deadly factory collapse in April, though Inditex was not directly involved in that incident.
Credit Courtesy of Yolanda Dominguez
Spanish artist Yolanda Dominguez' latest art installation, Fashion Victims, conjures up images of the Rana Plaza garment factory collapse in Bangladesh.
Six former employees and one contractor say Bank of America's mortgage servicing unit consistently lied to homeowners, fraudulently denied loan modifications and offered bonuses to staff for intentionally pushing people into foreclosure, according to a Salon.com report.
A new study finds that while "receiving unearned preferential treatment does generate positive reactions, it is not always an entirely pleasurable experience." Examples include getting a free upgrade on a hotel room.
Whether it's a free upgrade on a hotel room or skipping ahead in the check-in line, many businesses give preferential treatment to some customers, hoping to make them more loyal. The practice often works — but a new study suggests that when we get perks we didn't earn, negative feelings can result. And they can make a surprise deal a little less sweet.
In the past decade, Mexico's tech industry has flourished, growing three times faster than the global average. Most of that growth has been fueled by demand from the United States. But as Mexico's startups strive to make it in foreign markets, they say they need more engineers and ways to finance their growth.
And today's last word in business is home detention.
The story comes to us from New Zealand, where authorities have been locking up some criminals in their homes rather than jail. House arrest is a lot cheaper, but it turns out that serving time at home is not as comfortable as you might think.
NPR's business news begins with Ben Bernanke's future.
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GREENE: OK, President Obama has given the clearest hint yet, that Ben Bernanke's time as chairman of the Federal Reserve may soon be up. In an interview that aired last night on PBS's "Charlie Rose" program, the president said this...
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PRESIDENT BARACK OBAMA: I think Ben Bernanke's done an outstanding job. Ben Bernanke's a little bit like Bob Mueller, the head of the FBI...
Some other news. Authorities in New York have announced the arrest of eight men and one woman who operate several 7-Eleven convenience stores in New York and in Virginia. They're accused of staffing their stores with undocumented workers and then stealing those workers' wages.
From member station WNYC, Ilya Marritz has details.
It's not your everyday real estate deal. A team of young entrepreneurs persuaded about 50 deep-pocketed investors to help them purchase a mountain. The deal just closed in April, and development on Utah's nearly 10,000-acre Powder Mountain is now underway.
"When we made those first phone calls, everybody's like, what? That being said, they know that we aren't kidding," says Jeff Rosenthal, co-founder of Summit, the group that led the purchase of the peak.
Editor's Note: Many of you noted that the price for a 10-pound bag of potatoes cited in the lawsuit seems ridiculously high. So we look into the matter further — you can read what we found in this follow-up post.
High-tech spying with satellites. Intimidation. Price fixing.
The Supreme Court sided with government regulators in an important case involving the pharmaceutical industry and patent law. At issue were contracts between "brand-name" pharmaceutical companies and "generic" producers in which the brand-name company paid the generic not to compete. The court said the Federal Trade Commission could challenge such contracts.
When the maker of a brand-name drug pays a maker of generic drugs to not produce a lower-priced version of their product, the Federal Trade Commission can challenge the arrangement on antitrust grounds, the Supreme Court ruled Monday. The ruling may end the era of what regulators call "pay-for-delay" deals.
The justices voted 5-3 to allow a case to go forward in which the FTC is challenging one of many such deals. Several companies are involved in the case, including Solvay Pharmaceuticals, maker of AndroGel, and generic-drug maker Actavis.
We've written before about the wealth gap between whites and people of color — a divide that's only grown wider over the past half decade. And since so much of Americans' household wealth is wrapped up in homes, a significant amount of that wealth gap has been chalked up to an array of barriers to homeownership for people of color.
A 2013 Accord is ready to come off the line at the Honda automobile plant in Marysville, Ohio, in 2012. Accords built at the 4,400-employee plant are shipped to South Korea — an example of the importance of trade to manufacturing jobs.
Originally published on Mon June 17, 2013 10:13 am
If economists were cheerleaders, their favorite shout-out might be: "What do we want? Growth! When do we want it? Now!"
They won't actually shout those words, but they may be thinking them as global leaders meet this week for a G-8 summit. Economists are hoping that at the gathering in Northern Ireland, leaders of eight major economies will discuss expanding global trade and investment to spur job creation.
More than 40,000 scientists in Spain have signed a petition calling on the government to end cuts to their budget. They're blaming austerity for an exodus of the country's best and brightest researchers.
Lauren Frayer has more from Madrid.
UNIDENTIFIED GROUP: (Spanish spoken)
LAUREN FRAYER, BYLINE: Hundreds of lab-coated scientists delivered their petition to Spain's Economy Ministry. They marched there last week because the Science Ministry, itself, was closed in budget cuts.
Boring TV is such a hit in the Scandinavian nation of Norway that broadcasters are scrambling to produce even more shows to satisfy the appetites of viewers. One idea being considered is a live show with knitting experts, according to The Wall Street Journal.
OK, Scott just made clear economic issues have some competition for top billing at the G 8 Summit in Northern Ireland. We do, though, want to drill down into one economic question this morning, and that's why interest rates here at home are going up. The bond market has pushed them to the highest levels in 15 months, and that includes mortgage rates.
Let's turn, as we often do, to David Wessel. He's economics editor of The Wall Street Journal. David, good morning.
Let's look now at another change in health care, and this one has to do with paperwork. Hospitals and clinics are slowly replacing paper files with sophisticated electronic health records. But with a variety of systems in use, they often can't easily share medical information with each other, and this can be a pretty serious problem in the case of an emergency.
As Elizabeth Stawicki reports, smartphones might be one way to bridge this electronic gap.
NPR's business news starts with an acquisition for Lowe's.
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GREENE: The home-improvement retailer Lowe's has reportedly agreed to buy Orchard Supply Hardware Stores. The sale price is expected to top $200 million. Now, Orchard is a California-based hardware and garden chain. It was once owned by Sears, and it's now about $230 million in debt.
Credit Courtesy of French Woods Festival of the Performing Arts
Australian counselors at the French Woods camp in upstate New York celebrate their culture on July 4, 2012. All of French Woods' foreign employees work in the United States through the J-1 visa program.
Credit Courtesy of French Woods Festival of the Performing Arts
Joe Davies of the United Kingdom is a lifeguard at French Woods. He has worked at the camp for two summers through the J-1 visa program.
Landing a job at a summer camp or at an amusement park is a rite of passage for many young Americans. Those jobs also appeal to foreigners participating in a cultural exchange using J-1 visas. But with U.S. youth unemployment at 25 percent, Congress is now taking a close look at the J-1 visa exchange program.
Google has launched — quite literally — a new idea to bring the Internet to some of the world's remotest places.
The tech giant's engineering hothouse, Google X, is testing the use of 12-mile-high helium balloons to get coverage in areas where it's impractical to put in conventional infrastructure.
Google said Saturday that it has 30 of the balloons, or "high-altitude platforms" (HAPS), flying over New Zealand as part of something called Project Loon. They will hover at about twice the altitude of a passenger jet.
Originally published on Sat June 15, 2013 12:08 pm
Facebook and Microsoft Corp. say the government has given them permission to reveal orders they've received to hand over user data, but that they are still prevented from giving anything other than very broad figures.
Facebook says it received 9,000 to 10,000 requests during the last six months of 2012, while Microsoft says it got 6,000 to 7,000 requests, affecting as many as 32,000 accounts.