Business

Business
1:03 am
Thu August 1, 2013

Firm Hopes 'Owning Nashville' Will Pay Off For Investors

A new fund trading on the New York Stock Exchange will allow investors to put money in companies that all call Nashville home. The manager's of the fund hope to expand the project to other cities.
Walter G. Arce CSM /Landov

Originally published on Thu August 1, 2013 8:23 am

There's a hot stock tip floating around Nashville, and it's a first-of-its-kind investment fund that begins trading on the New York Stock Exchange Thursday.

The fund is a collection of stocks in publicly traded companies that have one thing in common: the city they call home.

When people buy into the Nashville Area Exchange Traded Fund — which starts trading at $25 a share — they will essentially be placing a bet based on an area code.

Read more
All Tech Considered
1:00 am
Thu August 1, 2013

Beyond .Com: Some See Confusion In Internet Domain Expansion

Suffixes like .org, .net and .com are the most common on the Internet today. But the Internet Corporation for Assigned Names and Numbers, which governs Web names, plans to add some 1,400 more, some ending in Arabic or Chinese characters.
iStockphoto.com

Originally published on Thu August 1, 2013 8:23 am

Starting this fall, the Internet Corporation for Assigned Names and Numbers, or ICANN, will begin rolling out 20 new suffixes, or top-level domains, every week. This will create new entrepreneurial opportunities, says ICANN CEO Fadi Chehade.

"Diversity to the domain name system is coming," he says.

Read more
The Two-Way
6:52 pm
Wed July 31, 2013

Sold! First Parcels Auctioned For Future Offshore Wind Farms

The offshore wind farm in the North Sea near Borkum, Germany, is nearly complete. The Riffgat facility, seen here on June 23, includes 30 turbines, each with a generating capacity of 3.6 megawatts.
David Hecker Getty Images

Originally published on Fri August 2, 2013 4:01 pm

A Rhode Island company was the highest bidder in the federal government's first-ever auction for the right to build an offshore wind farm.

After 11 rounds, Deepwater Wind outbid two other companies for two patches of ocean off the coasts of Massachusetts and Rhode Island. The winning bid was $3.8 million.

Read more
The Two-Way
5:30 pm
Wed July 31, 2013

House Votes To Cut Student Loan Rate, Sends Bill To Obama

Originally published on Wed July 31, 2013 6:08 pm

The Republican-controlled House on Wednesday overwhelmingly approved a bipartisan bill to cut the cost of borrowing for federal student loans, sending the measure to President Obama for his signature.

The bill, which had easily passed the Democratic-controlled Senate last week, would retroactively cut higher rates — which on July 1 had jumped to at least 6.8 percent.

Read more
All Tech Considered
3:11 pm
Wed July 31, 2013

Tampon Marketing Gets Real For The Social Media Age

"We just thought we were telling this endearing story women could relate to," says HelloFlo founder Naama Bloom.
Courtesy of HelloFlo

Originally published on Fri August 2, 2013 9:08 am

Read more
Economy
2:52 pm
Wed July 31, 2013

Better GDP Report Doesn't Mean Economy Is In Good Shape

Originally published on Wed July 31, 2013 4:05 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

You could almost hear a collective sigh of relief today from economists. The government reported that the economy is not growing quite as slowly as had been expected and there are some positive signs on the jobs front. A private sector jobs report released today could mean the main government employment report on Friday will also show some strength.

Read more
The Two-Way
1:03 pm
Wed July 31, 2013

Federal Reserve Will Continue Bond Buying Program

Federal Reserve Board Chairman Ben Bernanke in May of 2013.
Alex Wong Getty Images

Originally published on Wed July 31, 2013 1:23 pm

After a meeting of the Federal Open Market Committee, the Federal Reserve said it will continue to buy $85 billion in bonds every month and will leave the federal funds rate at the historic rate of near zero.

Read more
Planet Money
12:25 pm
Wed July 31, 2013

Which Can Of Shaving Cream Should I Buy? A Surprisingly Complex Analysis

iStockphoto.com

Because my morning routine involves the waking, feeding, dressing, brushing and sunblocking of a 6-year-old and a 4-year-old, certain personal morning grooming habits fall by the wayside. Like, all of them. This is why I think of the gym mainly as a place to wash up.

Which is a long way of saying I ran out of shaving cream the other day.

Read more
All Tech Considered
11:01 am
Wed July 31, 2013

Weekly Innovation: A Better Travel Neck Pillow

The Nap Anywhere is a new, portable head-support pillow created by a Virginia-based physician.
Courtesy of Nap Anywhere

In our "Weekly Innovation" blog series, we explore an interesting idea, design or product that you may not have heard of yet. Previously we've featured the sink-urinal and Smart Bedding.

Read more
Health Care
9:32 am
Wed July 31, 2013

New Health Exchanges: What You Need To Know

On October 1st, online health insurance exchanges open up as part of the Affordable Care Act. Kaiser Health News' Mary Agnes Carey speaks to host Michel Martin about what will change, and how you can prepare for the roll-out.

The Two-Way
8:58 am
Wed July 31, 2013

Facebook Sees Its Shares Hit $38 IPO Price

Originally published on Wed July 31, 2013 2:36 pm

It's been more than a year since Facebook's stock debuted at $38 in its initial public offering. But after a problematic start and an eventual slide below $20, the company saw its shares reach that initial price in early trading Wednesday, one week after it reported strong advertising revenue.

"Before Wednesday's opening bell, the shares rose as high as $38.05, before settling back down to $37.95," the AP reports. "On Tuesday, the shares closed up 6 percent after coming within pennies of the IPO price."

Read more
The Two-Way
7:17 am
Wed July 31, 2013

U.S. Economy: GDP Surprises, And Hiring Rises In July

A chart shows the quarterly growth of real GDP in the United States. The U.S. economy expanded more than analysts had expected, at an annualized rate of 1.7 percent.
Bureau of Economic Analysis

Originally published on Wed July 31, 2013 12:51 pm

The U.S. economy grew by an annualized rate of 1.7 percent in the second quarter of 2013, according to gross domestic product data released Wednesday morning. The Commerce Department says the rise stems from business investments, particularly in buildings, and an upturn in exports and the civilian aircraft industry.

Read more
U.S.
3:22 am
Wed July 31, 2013

Consumer Groups On The Lookout For Immigration Scams

A line waits outside the U.S. Citizenship and Immigration Services office in Los Angeles.
Nick Ut AP

Originally published on Wed July 31, 2013 12:54 pm

Talk about immigration reform on Capitol Hill this summer has raised the hopes of many unauthorized immigrants around the country.

It's also raised the fears of consumer advocates worried about scam artists who promise immigrants they can help them secure legal status.

Eduardo Flores, an unauthorized immigrant from Honduras, wasn't promised immigration documents, but he did place his trust and $4,000 with a man who said he was an immigration attorney.

Read more
Sweetness And Light
1:33 am
Wed July 31, 2013

Why Would You Volunteer For Next Year's Super Bowl?

Super Bowl volunteer Ben Schreiber distributes fan guides to any of the thousands of people who may need them while visiting Indianapolis for Super Bowl XLVI festivities, in 2012.
Chad Ryan CSM /Landov

Originally published on Wed July 31, 2013 11:40 am

I read the other day that 16,000 people have been recruited as volunteers for next year's Super Bowl in New Jersey, and suddenly it occurred to me: the Super Bowl is one of the great financial bonanzas of modern times. From the players to the networks to the hotels, everybody involved with it makes a killing. Why would anybody volunteer to work for free for the Super Bowl? Would you volunteer to work free for Netflix or Disneyworld?

Read more
Business
1:33 am
Wed July 31, 2013

Ford Taking America's Best-Selling Truck All 'Natural'

A version of Ford's flagship F-150 pickup truck that runs on natural gas.
Courtesy of Ford Motor Company

Originally published on Wed July 31, 2013 4:59 am

The reigning king in the truck world is the Ford F-150, and it's been that way for a couple of decades. But staying on top is getting harder.

With new, tougher fuel standards looming there is a lot of emphasis on efficiency and innovation. On Wednesday, Ford is announcing its flagship truck is taking a step into the alternative fuel world with a vehicle that can run on natural gas.

When you look at their bottom lines and their advertising you realize that the Detroit Three make cars, but they're really truck companies, especially Ford.

Read more
The Salt
1:09 am
Wed July 31, 2013

Farm Laborers Get A Foothold With Their Own Organic Farms

Agricultural work, which is physically demanding, is also a risky business venture.
Kirk Siegler NPR

Originally published on Fri August 16, 2013 12:01 pm

Northern California's Salinas Valley is often dubbed America's salad bowl. Large growers there have long relied on thousands of seasonal workers from rural Mexico to pick lettuce, spinach and celery from sunrise to sunset. Many of these workers seem destined for a life in the fields. But a program that helps field workers, like Raul Murillo, start their own farms and businesses is starting to yield a few success stories.

Read more
Law
3:35 pm
Tue July 30, 2013

Citing Supreme Court, Judge Awards Benefits To Same-Sex Widow

Another barrier to recognition of same-sex marriage appears to have fallen. On Monday a federal judge ordered a law firm to pay survivor's benefits to the widow in a same-sex marriage, and on Tuesday the law firm said it was happy to comply and would not appeal.

The decision is the latest in a series of court rulings equalizing benefits for legally married same-sex couples in the aftermath of a U.S. Supreme Court ruling.

Read more
Business
2:26 pm
Tue July 30, 2013

White House Proposes Major Changes To Corporate Tax Code

Originally published on Tue July 30, 2013 3:32 pm

President Obama traveled to Tennessee on Tuesday, another event in his recent push to emphasize jobs and the economy.

Shots - Health News
2:26 pm
Tue July 30, 2013

Will Obamacare Mean Fewer Jobs? Depends On Whom You Ask

Originally published on Tue July 30, 2013 3:43 pm

Of all the contentious claims about the Affordable Care Act, few have been more contentious than over the impact it's having on employers.

It's hard to pick up a newspaper or turn on a television without seeing a story about some boss cutting workers' hours or saying he won't be doing any more hiring because of the health law.

Read more
The Salt
10:45 am
Tue July 30, 2013

Is The Way To Tech Workers' Loyalty Through Their Stomachs?

Ari Dvorin was hired in May as the first corporate chef at SpareFoot, a startup in Austin, Texas. Here, Dvorin cuts suckling pig for a mockumentary SpareFoot made.
Jenny Zhang Courtesy of SpareFoot

Originally published on Fri August 2, 2013 1:01 pm

The dazzling array of food options at the Googleplex campus in Mountain View, Calif. — 25 cafes at last count — is the much-cited example of tech world food perks. And you can peruse the menus at Airbnb and Facebook to get a taste of an equally high bar for not just free food, but worldly food that is designed to delight and fuel employees to work better and harder.

Read more
The Two-Way
5:33 am
Tue July 30, 2013

Fiery Explosions Rock Florida Propane Tank Plant

A Blue Rhino propane gas plant burns, as seen in a frame grab from an AP video. The fire sent at least seven workers to the hospital Monday night.
AP

Originally published on Tue July 30, 2013 9:23 am

A series of fiery explosions ravaged a Blue Rhino propane gas plant in central Florida's Lake County late Monday night, forcing nearby residents to be evacuated. The detonations reportedly lasted for some 30 minutes and were heard as far as 10 miles away. A fire at the plant raged into the early morning hours.

Update at 11:10 a.m. ET: Work Continues; No Sign Of Sabotage

Read more
Business
3:41 am
Tue July 30, 2013

Amazon Puts Out 'Help Wanted' Sign Around The Country

Originally published on Tue July 30, 2013 5:46 am

President Obama visits Chattanooga, Tenn., Tuesday to continue his "job creation" speeches around the country. He's stopping at a distribution center for Amazon.com. On Monday, the online retailer announced it's hiring 5,000 workers across several states.

Business
3:39 am
Tue July 30, 2013

BMW's Electric Car Cut From A Different Cloth

Originally published on Tue July 30, 2013 5:46 am

BMW has finally unveiled its electric car. When you think of the parts and engineering, you'll get that it's a BMW, but when it comes to the looks ... not so much, one auto analyst says.

Business
3:25 am
Tue July 30, 2013

Regulators Near Settlement With JPMorgan Chase

Originally published on Tue July 30, 2013 5:46 am

Federal regulators are close to announcing a settlement with JPMorgan Chase. The bank was accused of manipulating prices in the U.S. energy market. It's not yet clear whether JPMorgan will be forced to admit wrongdoing.

Health Care
1:52 am
Tue July 30, 2013

Montana's State-Run Free Clinic Sees Early Success

Montana opened the first government-run medical clinic for state employees last fall. A year later, the state says the clinic is already saving money.
Dan Boyce for NPR

Originally published on Tue July 30, 2013 5:46 am

A year ago, Montana opened the nation's first clinic for free primary healthcare services to its state government employees. The Helena, Mont., clinic was pitched as a way to improve overall employee health, but the idea has faced its fair share of political opposition.

A year later, the state says the clinic is already saving money.

Pamela Weitz, a 61-year-old state library technician, was skeptical about the place at first.

Read more
The Salt
1:51 am
Tue July 30, 2013

Fast-Food Strikers Demand A 'Living Wage'

People gathered outside a Wendy's restaurant in New York City on Monday as part of a one-day strike calling for higher wages for fast-food workers.
Justin Lane EPA/Landov

Originally published on Thu August 1, 2013 6:22 am

At a Wendy's restaurant in Lower Manhattan on Monday, protesters urged the lunchtime crowd to skip the Value Menu for one day. They blocked the sidewalk and half of the street.

Shanell Young held a red strike sign over her head. Young earns the minimum wage, $7.25 an hour, at another Wendy's in New York. She says that's not enough to support her and her 5-year-old son.

"It's horrible," says Young. "Everything goes up. It's unfair. You can't find an apartment. You can't pay for children's school uniforms. Everything is unfair. We can't live off this."

Read more
All Tech Considered
1:49 am
Tue July 30, 2013

With Smarter Cars, The Doors Are Open To Hacking Dangers

The Toyota Prius, seen here at the New York International Auto Show in March, was one of the cars security experts Chris Valasek and Charlie Miller showed to be susceptible to attacks by hackers.
Mike Segar Reuters /Landov

Originally published on Tue July 30, 2013 5:46 am

Chris Valasek and Charlie Miller have been hacking into products for a long time. But they don't steal stuff or mess with people; instead, their purpose is to pressure companies into making their products more secure.

This week, they scored big. Their research on hacking cars has captured the attention of millions and has been featured in Forbes and on the Today show.

Read more
Business
2:56 pm
Mon July 29, 2013

Ad Agency Merger Reflects New Realities Of Online Advertising

Originally published on Wed July 31, 2013 7:01 pm

Transcript

MELISSA BLOCK, HOST:

It's Paris meets Madison Avenue. Yesterday two of the world's largest advertising agencies announced plans to merge. The French ad company Publicis is combining with the New York-based Omnicom. The merger is largely a response to the growing dominance of Silicon Valley companies such as Google and Facebook.

AUDIE CORNISH, HOST:

NPR's digital culture correspondent Laura Sydell joins us now to talk about what it all means. Hey there, Laura.

LAURA SYDELL, BYLINE: Hello.

Read more
Law
2:56 pm
Mon July 29, 2013

Legal Battles Over Land Rights, Pipelines Are On The Rise

The Crosstex NGL Pipeline is just one such project in the country that has forced long, unwanted legal battles between oil companies and landowners.
Mose Buchele KUT

Originally published on Wed July 31, 2013 7:01 pm

At Margaret O'Keefe's farm in East Texas, they grow high-quality Bermuda grass. The fields are flat and vibrant green, surrounded by woods of a darker, richer green. The family loves this land. O'Keefe inherited it from her mother, who divided it among eight children.

"She used to call it 'enchanted valley,' " O'Keefe says.

But her "enchanted valley" also lies in the path of the Crosstex NGL Pipeline.

Read more
Business
2:56 pm
Mon July 29, 2013

Amazon Goes On Hiring Spree To Staff New Facilities

Originally published on Thu August 22, 2013 12:24 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

Tomorrow, President Obama visits and Amazon distribution center in Chattanooga. He'll be talking about job creation. That may help explain the timing of an announcement today from Amazon. It's going on a hiring spree, looking for 5,000 new full-time employees for its U.S. distribution centers. NPR's Wendy Kaufman has more on Amazon's plans to grow.

Read more

Pages