Business

Business
3:01 am
Fri January 10, 2014

Court Rules Yelp Must Release Names Of Reviewers

Originally published on Fri January 10, 2014 10:45 am

Transcript

STEVE INSKEEP, HOST:

Our last word in business today is: Anonymous Reviews.

You know, those product reviews people write on Amazon or Yelp. Many customers rely on them and some people have even dramatized them online - like the actor who read this review by Shelley S. from the ratings website Yelp.

UNIDENTIFIED MAN: The food was sub-par for such a highly-rated restaurant. Overcooked fish, undercooked noodles, and one dish that wasn't labeled spicy was so hot that my father refused to eat it. I won't be going back to this particular PF Chang's.

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Economy
3:01 am
Fri January 10, 2014

Labor Department's December Report Shows Jobless Rate Dipped

Originally published on Fri January 10, 2014 10:45 am

Transcript

DAVID GREENE, HOST:

Supporters of a minimum wage say it can be especially important at a time of relatively high unemployment, when workers have little bargaining power. This morning we'll get a fresh snapshot of unemployment in the U.S. when the government releases new jobs numbers. NPR's Yuki Noguchi came by to talk about what to expect. Yuki, good morning.

YUKI NOGUCHI, BYLINE: Good morning, David.

GREENE: So where does the job market seem to be going right now?

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The Two-Way
6:19 pm
Thu January 9, 2014

Alcoa Will Pay $384 Million Penalty For Bahrain Bribes

Originally published on Fri January 10, 2014 4:05 am

In what's being called one of the largest U.S. anti-corruption settlements on record, Alcoa and an affiliate it controls have agreed to pay millions in fines and criminal and civil penalties. The companies acknowledge paying bribes to royal family members in Bahrain.

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The Salt
6:04 pm
Thu January 9, 2014

Food Firms Trim Trillions Of Calories From Packaged Treats

To make a more healthful version of Edy's Grand Ice Cream, Nestle developed a technology that could cut half the fat and two-thirds of the calories from the frozen treat.
Erik S. Lesser Getty Images

Originally published on Fri January 10, 2014 6:30 am

It sounds impressive: Major food companies have slashed 6.4 trillion calories from packaged foods they sold in 2012 compared with 2007, a study reported Thursday.

But for each American, that number translates to about 78 fewer calories purchased each day, or the equivalent of cutting out one apple or 3 1/2 Hershey's Kisses.

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Code Switch
3:59 pm
Thu January 9, 2014

White House Picks Choctaw Nation To Fight Poverty In Oklahoma

Chief Gregory Pyle (left) and Assistant Chief Gary Batton stand in front of the Choctaw Nation of Oklahoma's Capitol building in Tuskahoma, Okla.
Larissa Copeland Courtesy of Choctaw Nation of Oklahoma

Fifty years after President Lyndon Johnson declared his "War on Poverty," President Obama issued his own plan to combat poverty Thursday with the nation's first five "Promise Zones."

All "Promise Zones" will receive a competitive advantage when applying for federal grants, on-site support from federal officials, and, pending congressional approval, tax incentives for businesses hiring and investing in the community.

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Economy
3:35 pm
Thu January 9, 2014

$50 Billion Worth Of Tax Breaks Expire

Subsidies for wind farms were among the tax breaks that expired on Jan. 1.
Sandy Huffaker AP

Originally published on Thu January 9, 2014 5:36 pm

Transcript

ROBERT SIEGEL, HOST:

At the stroke of midnight on New Year's Eve, a bevy of tax breaks expired in Washington D.C., everything from a tax benefit for people who commute to work using mass transit, to a subsidy for NASCAR racetracks. Some of these are probably less crucial for the national economy, but others are vital to the health of certain industries. At least that's what the businesses that benefit say, as NPR's Chris Arnold has been finding out.

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Planet Money
3:22 pm
Thu January 9, 2014

Every Job In America, In 1 Graph

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Originally published on Fri January 10, 2014 8:50 am

Whatever Friday's monthly jobs report says, it won't change the big picture. There are roughly 137 million jobs in this country. About two-thirds of those jobs are in private-sector services; the remaining third are split between goods-producing jobs (mainly manufacturing and construction) and government work (mostly at the state and local level).

Here's a closer look, drawn from the same data that the government collects for the monthly jobs report. (You can see this data, in glorious detail, here.)

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All Tech Considered
11:58 am
Thu January 9, 2014

Government Tech Problems: Blame The People Or The Process?

HealthCare.gov's failures are prompting a closer look at the federal government's out-of-date technology.
iStockphoto

Originally published on Thu January 9, 2014 1:37 pm

Thanks to epic problems with HealthCare.gov's rollout, the federal government's out-of-date technology processes have received more attention than most of us could have expected. The main doorway for millions of Americans to get health insurance was unusable for two months, but that screw-up is just one in a long line of government IT failures.

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The Two-Way
11:48 am
Thu January 9, 2014

Watson, IBM's 'Jeopardy!' Champ, Gets Its Own Business Division

Jeopardy! contestant Ken Jennings, who won a record 74 consecutive games, concedes to supercomputer opponent Watson in February 2011.
Seth Wenig AP

Originally published on Fri January 10, 2014 4:06 am

Ever wonder what happens to all those Jeopardy! champions once they leave the stage? Watson, an IBM supercomputer, got its own business division.

You might recall that Watson, named after longtime CEO Thomas J. Watson, crushed its human opponents on the popular television game show back in February 2011.

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The Two-Way
7:03 am
Thu January 9, 2014

More Slow-But-Steady News: Fewer Jobless Claims Filed

Looking for work in Florida. At a November career fair in West Palm Beach, this man had a job application in hand.
Joe Raedle Getty Images

Originally published on Thu January 9, 2014 10:15 am

There were 330,000 first-time claims filed for unemployment insurance last week, down 15,000 from the week before, the Employment and Training Administration says.

The claims data are the last bits of evidence about how the labor market is doing before Friday's scheduled release of figures on the December unemployment rate and payroll growth.

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Economy
3:09 am
Thu January 9, 2014

Why Boeing Contract Has Implications For The Middle Class

Originally published on Fri January 10, 2014 8:21 am

Transcript

DAVID GREENE, HOST:

Workers at Boeing were in a difficult spot last week. Their employer offered a new contract cutting back retirement and health benefits. It came with what looked like a threat. The company said it might have to move important operations out of Washington State and hire new workers. Union members approved the contract, barely, and Boeing is staying put.

Journalist Hedricks Smith written about the decline of the middle-class. In an op-ed for the Los Angeles Times, he says Boeing just contributed to that.

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Economy
3:04 am
Thu January 9, 2014

Global Recession Hits Puerto Rico Hard

Originally published on Fri January 10, 2014 8:21 am

Transcript

DAVID GREENE, HOST:

It's MORNING EDITION, from NPR News. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne. Good morning.

The global recession hit Puerto Rico hard and left its budget in shambles. But some optimists say they can help solve the island's economic problems from the bottom-up.

Tim Fitzsimons reports from San Juan.

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Environment
2:47 am
Thu January 9, 2014

Interior Secretary Wants To Create Jobs For Conservationists

Originally published on Fri January 10, 2014 8:21 am

Transcript

DAVID GREENE, HOST:

During the Great Depression, President Franklin D. Roosevelt put hundreds of thousands of Americans to work in National Parks and forests in the Civilian Conservation Corps. President Obama's Secretary of the Interior wants to bring back that spirit, to create jobs and a new generation of conservationists.

But as NPR's Elizabeth Shogren reports, it's not the easiest thing to do in tight budget times.

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Politics
2:45 am
Thu January 9, 2014

50 Years Later, How The Politics Of Poverty Evolved

Originally published on Fri January 10, 2014 8:21 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION, from NPR News. Good morning. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

This week, and in the coming year, we're marking the anniversary of a famous declaration. It's been 50 years since President Lyndon Johnson called for an unconditional war on poverty in his first State of the Union Address after the assassination of President Kennedy.

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Business
2:35 am
Thu January 9, 2014

Macy's To Cut Jobs, Close Stores In Reorganization

Originally published on Fri January 10, 2014 8:21 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with layoffs at Macy's.

(SOUNDBITE OF MUSIC)

MONTAGNE: Macy's has announced it's letting go 2,500 employees and closing five stores as part of a major reorganization. The company says it will save $100 million a year with the changes. It will also move hundreds of employees to its other department stores and to the company's online operation.

Politics
2:34 am
Thu January 9, 2014

Sen. Rubio Proposes States Fight Poverty With Federal Funds

Republican Sen. Marco Rubio of Florida delivers a speech on reforming antipoverty programs on the 50th Anniversary of President Johnson's declaration of the "War on Poverty."
Kevin Dietsch UPI/Landov

Originally published on Fri January 10, 2014 8:21 am

It was a two-step move for Republicans at the Capitol Wednesday: to both praise the sentiment of the War on Poverty – but also to critique it.

"We are here to mark the 50th anniversary of President Johnson's declaration of the War on Poverty," said Rep. Steve Southerland of Florida. "And while this war may have been launched with the best of intentions, it's clear we're now engaged in a battle for attrition."

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NPR Story
2:30 am
Thu January 9, 2014

Manufacturers At CES Offer More In Home Automation

Originally published on Fri January 10, 2014 8:21 am

Transcript

RENEE MONTAGNE, HOST:

How would you like to be able to operate your stovetop from the comfort of anywhere in your house? Now you can, thanks to new technology unveiled at the Consumer Electronics Show this week.

Tech journalist Rich Jaroslovsky is at the annual gadget extravaganza in Las Vegas. Good morning, Rich.

RICH JAROSLOVSKY: Good morning.

MONTAGNE: Why don't we start with that kitchen stove?

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The Salt
1:47 am
Thu January 9, 2014

Blending Red Wine With Porter Ale: A Crossover Beer Worth The Buzz?

Sebastian Zutant is the owner of The Red Hen restaurant in Washington, D.C. He's also a sommelier. He and a friend at DC Brau have developed their own beer-wine mashup.
Allison Aubrey NPR

Originally published on Fri January 10, 2014 8:21 am

If you're a beer lover and your significant other tends more toward wine, is there a drink that can satisfy both of you?

How about a beer-wine mashup, combining two of mankind's oldest beverages?

"To me, it's kind of the magic in the middle," says Sebastian Zutant, sommelier and owner of the D.C. restaurant The Red Hen.

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Business
4:14 pm
Wed January 8, 2014

News Or Ad? Online Advertisers Hope You'll Click To Find Out

Buzzfeed is among a growing number of outlets using native advertising online. The ads mimic the site's look and style, and some link to pages almost indiscernible from a typical Buzzfeed page.
screengrab/Buzzfeed.com

Originally published on Thu January 9, 2014 9:11 am

The New York Times unveiled a major redesign of its digital offerings Wednesday. With a new scroll feature, readers will never again have to click to read the second half of a story, and the site is crafted to appeal to a mobile audience.

But the redesign has also embraced a controversial shift in journalism: Some posts on the site that look like articles are reported and written by people working for the paper's advertisers.

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Economy
3:53 pm
Wed January 8, 2014

As Temps Drop, Gas Prices Rise, Along With Demand For Fuel

Propane cylinders sit on the grounds of Blue Rhino, a propane gas company, in Tavares, Fla. In the Midwest, farmers needed more propane for crops that came in later than normal.
Gerardo Mora Getty Images

Originally published on Mon February 10, 2014 2:18 pm

Cold weather this week has boosted demand for heating fuels across the country. Natural gas prices are up, especially in the Northeast. At one point prices for natural gas into New York City jumped nearly tenfold from an average winter price of $5.68 per million BTU to $55.49, according to Bentek Energy, an analytics company.

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The Salt
2:21 pm
Wed January 8, 2014

This GMO Apple Won't Brown. Will That Sour The Fruit's Image?

Soon after being sliced, a conventional Granny Smith apple (left) starts to brown, while a newly developed GM Granny Smith stays fresher looking.
Courtesy of Okanagan Specialty Fruits Inc.

Originally published on Wed January 8, 2014 8:29 pm

If you (or your children) turn up your nose at brown apple slices, would you prefer fresh-looking ones that have been genetically engineered?

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All Tech Considered
2:07 pm
Wed January 8, 2014

TV Makers Look To Pack More Pixels Into Your Home TV With 4K

Hollywood studios are wary of "ultra HD" or 4K TV making people more picky about what they watch in cinemas. But first, the TVs have to become mainstream.
Gero Breloer AP

Originally published on Wed January 8, 2014 6:21 pm

Companies from Sony and Samsung to Netflix and Google's YouTube are putting their money into TVs that pack more pixels. Several models are on display at the International Consumer Electronics Show in Las Vegas this week.

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Economy
10:21 am
Wed January 8, 2014

Poverty And Not Knowing Your Neighbor Are Connected, Expert Says

Originally published on Wed January 8, 2014 1:16 pm

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. We start the program today with reflections on money, speaking broadly. In a few minutes, we'll talk about some myths and facts about credit. Consumer columnist Sheryl Harris will help us clear up some confusion over what exactly helps and hurts your credit. That's in just a few minutes.

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Money Coach
10:21 am
Wed January 8, 2014

On-Time Payments Heal All Credit Report Wounds

iStockPhoto.com

Originally published on Wed January 8, 2014 1:16 pm

This is the time of year when many people make an effort to get a handle on their credit. But you might be confused about what actions can actually help your credit and those that can harm it. Consumer columnist Sheryl Harris joined Tell Me More host Michel Martin to share some tips and debunk consumer credit myths.

Tip: Understanding your credit report

  • A credit report shows your credit and loan accounts, the balance owed on each account, and your payment history on each account.
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The Protojournalist
9:12 am
Wed January 8, 2014

Can Amazon's Jeff Bezos Save Planet Earth?

Jeff Bezos.
David Ryder Getty Images

Originally published on Wed January 8, 2014 11:07 am

Look. Up in the sky — and in that little package with the A-to-Z logo. It's a bird. It's a plane.

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The Two-Way
7:18 am
Wed January 8, 2014

December Posts Strongest Job Gains Of 2013, Survey Shows

Job seekers have their resumes reviewed at a job fair expo in Anaheim, Calif., in June 2012.
Jae C. Hong AP

Originally published on Wed January 8, 2014 9:25 am

This post was updated at 11:20 a.m. ET.

Last year ended on a high note for U.S. employment, with December ticking off 238,000 new private-sector jobs, topping the previous month for the best showing of 2013, according to the latest data from the ADP National Employment Report.

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Business
5:12 am
Wed January 8, 2014

Customers Reap Benefits From American, US Airways Merger

One month after its merger with US Airways, American Airlines has introduced some procedural changes for its customers. The world's largest airline is assuring its best clients they'll keep their perks.

Business
5:12 am
Wed January 8, 2014

Butter Consumption Jumps To 40-Year High

The average American eats 5.6 pounds of butter — a 25 percent increase over the past decade. Its jump in popularity is due to an overall trend towards natural foods, and a "smear" campaign against processed butter alternatives.

The Salt
4:02 am
Wed January 8, 2014

A Cheesy Meltdown: Kraft Warns Of Velveeta Shortage

According to an AdvertisingAge report, Velveeta may be a little hard to come by in some areas over the next few weeks.
Paul Sakuma AP

Originally published on Thu January 9, 2014 11:24 am

If I say Super Bowl food, you think ... Velveeta? Maybe Velveeta with Ro*Tel.

Oh, yes. Ro*Tel's Famous Con Queso.

What could be more Sunday-in-January-indulgent than hot, creamy, processed cheese mixed with diced tomatoes & green chilies.

I have to admit, I've scooped up my share of con queso on a nacho chip or two.

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Business
3:18 am
Wed January 8, 2014

Intel Striving Not To Miss Next Wave Of Computing: Wearables

Originally published on Wed January 8, 2014 5:12 am

Intel was a powerhouse in the age of personal computing, making its revenues from powerful chips built into PCs. But it has largely missed the mobile computing revolution. With PC sales slumping, Intel is intent on becoming relevant in the next wave of computing — wearables.

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