Business

The Salt
11:52 am
Mon July 15, 2013

The Dog Days Of Summer Lead Drinkers To Shandy

A shandy in the summertime
Holly Clark Photo courtesy of Holly Clark Photography

Originally published on Mon July 15, 2013 5:34 pm

A beer cocktail quaffed around the world for centuries is quickly becoming America's "it" drink of the summer: shandy.

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Parallels
11:27 am
Mon July 15, 2013

New Bangladeshi Law Lets Workers Unionize More Freely

A Bangladeshi garment worker participates in a protest outside the Bangladesh Garment Manufacturers and Export Association office building in the capital, Dhaka, on July 11. The country's Parliament approved a new law that would allow workers to unionize more freely.
A.M. Ahad AP

Originally published on Mon July 15, 2013 11:55 am

The garment factory collapse in Bangladesh, which killed more than 1,000 people in April, has spurred the Parliament into action.

The legislature approved a law Monday that makes it easier for workers to unionize. The vote comes amid scrutiny of working conditions in the country after the building collapse outside Dhaka, the capital.

The building, Rana Plaza, housed garment factories that churned out products for some of the world's top brands.

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Parallels
10:45 am
Mon July 15, 2013

Datsun's Rebirth In India And The Revival Of Long-Gone Cars

Nissan Motor Co. President and CEO Carlos Ghosn poses with the Datsun Go in New Delhi on Monday. Its the first new Datsun model in more than three decades.
Manish Swarup AP

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The Two-Way
8:44 am
Mon July 15, 2013

Asiana Will Sue TV Station Over Bogus Flight Crew Names

Passengers move away from the wreckage of Asiana Airlines Flight 214 after the plane's July 6 crash-landing in San Francisco. This photo was taken by a passenger.
Eugene Anthony Rah Reuters/Landov

Originally published on Thu July 25, 2013 10:34 am

Claiming the news report has damaged its reputation, Asiana Airlines said it will sue an Oakland TV station that aired the bogus names of the flight crew piloting Flight 214, a Boeing 777 that crash-landed at San Francisco International Airport earlier this month.

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Around the Nation
3:10 am
Mon July 15, 2013

Rail Industry Vows To Learn From Fiery Accident In Canada

Originally published on Mon July 15, 2013 3:59 am

Transcript

RENEE MONTAGNE, HOST:

In the Quebec town of Lac-Megantic, a grim search continues this morning amid the ash and debris left after a train carrying oil crashed into the town. As investigators try to figure out what caused the fiery accident, the question has emerged across the border: Could the same thing happen here in the U.S.? NPR's Jeff Brady reports.

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Business
3:10 am
Mon July 15, 2013

J.K. Rowling Admits To Writing 'Cuckoo's Calling'

Originally published on Mon July 15, 2013 8:25 am

The little known crime novel The Cuckoo's Calling was written by someone using the pseudonym Robert Galbraith. He claimed to be a first time author and former member of the British Royal Military police. London's Sunday Times revealed the writer to be none other than J.K. Rowling of Harry Potter fame.

Business
3:10 am
Mon July 15, 2013

More Earnings Reports To Be Released This Week

Originally published on Mon July 15, 2013 4:20 am

Earnings season will pick up pace this week with a lot of major financial companies releasing their reports. Big names like Goldman Sachs, Bank of America and Morgan Stanley will spell out how they fared in the second quarter.

All Tech Considered
1:04 am
Mon July 15, 2013

How Hackers Tapped Into My Cellphone For Less Than $300

It's easier — and cheaper — than you'd expect to hack a cellphone, say a team of white hat hackers.
iStockPhoto.com

Originally published on Mon July 15, 2013 6:57 am

In the wake of the National Security Agency cyber-spying revelations, you may be worrying about the government keeping track of your digital life. But, for less than $300, a group of ordinary hackers found a way to tap right into Verizon cellphones.

This is a group of good-guy, or "white hat", hackers. They hacked the phones to warn wireless carriers that the phones have a security flaw.

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Shots - Health News
1:02 am
Mon July 15, 2013

BPA-Free Plastics Going On Trial In Texas

PlastiPure helps manufacturers create water bottles and other plastic products that have no estrogenic activity.
PlastiPure

Originally published on Mon July 15, 2013 8:05 am

Scientists and lawyers are scheduled to debate the safety of certain "BPA-free" plastics this week in a U.S. District Court in Austin, Texas.

At issue is whether a line of plastic resins marketed by Eastman Chemical contains chemicals that can act like the hormone estrogen, and perhaps cause health problems.

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Planet Money
9:22 pm
Sun July 14, 2013

When Employees Need More Than An Advance On Their Paycheck

iStockphoto.com

Originally published on Mon July 15, 2013 7:38 am

Andrew Rosenkranz says at least two or three times a week, he finds himself sitting across from an employee at his market research firm near Seattle, listening to some complicated personal problem.

Just last week, an employee described how her daughter and baby granddaughter were assaulted by a boyfriend. The daughter wanted to come back to Washington state but didn't have money for a plane ticket. And so, Rosenkranz says, the employee "was coming to ask, 'Hey, is there anything you can do to help us here?' "

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Business
1:27 am
Sun July 14, 2013

Baggage Fees Turn Five Years Old; Passengers Turn Blase

A traveler collects his bag from a luggage carousel in the Philadelphia International Airport in 2011. Baggage fees have helped financially desperate carriers stay aloft.
Matt Rourke AP

Originally published on Sun July 21, 2013 10:41 am

Hey, baggage fees — happy fifth birthday!

Even if passengers aren't eager to celebrate, airlines are. The fees, born in 2008, helped financially desperate carriers stay aloft as the U.S. economy was spiraling down.

"That was a watershed year that scared the bejeezus out of the airline industry," said Mark Gerchick, an aviation consultant who has just released a book, Full Upright and Locked Position. Even as ticket sales were sliding, jet fuel prices were shooting to historic highs.

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The Two-Way
10:47 am
Sat July 13, 2013

British Investigators Probe 787 Fire At Heathrow

View of the Ethiopian Airlines Boeing 787 Dreamliner that caught fire on the runway near Terminal 3 at Heathrow Airport, London on Friday.
Sang Tan Associated Press

Originally published on Sat July 13, 2013 5:44 pm

British investigators say they will lead a probe into a fire aboard a 787 Dreamliner as it sat empty on the tarmac at London-Heathrow Airport.

The fire broke out Friday aboard an Ethiopian Airlines plane about eight hours after it had taxied to the gate.

As we reported earlier, the jet suffered what a Heathrow spokesman described as an "onboard internal fire". Photographs appeared to show fire damage just forward of the tail section.

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Around the Nation
3:05 pm
Fri July 12, 2013

Wal-Mart Threatens To Pull Out Of D.C. Over Wage Requirements

Originally published on Fri July 12, 2013 4:19 pm

Transcript

ROBERT SIEGEL, HOST:

Wal-Mart is threatening to walk away from plans to build three of six new stores slated for the nation's capital. Those three stores are supposed to go up in some of the city's neediest neighborhoods. But the city council in Washington, D.C., has approved a bill requiring big box stores to pay employees a living wage of $12.50 an hour. And Wal-Mart says if that becomes the law, it will scrap its plans.

NPR's Allison Keyes spoke to people in those communities about their thoughts on the standoff.

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Business
3:05 pm
Fri July 12, 2013

Boeing Takes Another Hit With Fire On Plagued 787 Dreamliner

Originally published on Fri July 12, 2013 4:19 pm

Transcript

AUDIE CORNISH, HOST:

An Ethiopian Airlines jet caught fire on the ground today at London's Heathrow Airport. It was a Boeing 787, also known as the Dreamliner, which has more than its share of troubles. The 787 has had serious problems with its lithium-ion batteries. In January, one overheated and another caught fire. The whole 787 fleet was grounded for more than three months after that.

Here's NPR's John Ydstie with more on what happened today.

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The Two-Way
12:00 pm
Fri July 12, 2013

More Problems On 787s Mean Turbulence For Boeing Stock

Originally published on Fri July 12, 2013 12:40 pm

A Boeing 787 caught fire on the tarmac at London's Heathrow Airport on Friday, followed hours later by a technical problem aboard another 'Dreamliner' that forced the plane to turn back from a trans-Atlantic flight. The incidents sent Boeing's stock down more than 7 percent at one point.

The first incident involved an Ethiopian Airlines plane with no passengers aboard. The second occurred aboard a Thomson Airways flight en route from Manchester, England to Sanford, Fla.

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Business
10:45 am
Fri July 12, 2013

Does The Canadian Rail Explosion Make Pipelines Look Safer?

A police photograph shows burned and wrecked crude oil carrying rail tankers piled up in Lac-Megantic, Quebec, on Monday. Dozens of people died in the disaster.
EPA/Landov

Originally published on Fri July 12, 2013 11:48 am

When an oil-laden train derailed last weekend, it turned into an inferno that killed dozens in Lac-Megantic, a small town in Quebec.

This week, the Canadian tragedy is morphing into something very different. It is becoming Exhibit A in the political case for building pipelines — as well as for opposing them.

How could the same tragedy prove opposite points? Listen in to the debate:

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The Two-Way
9:08 am
Fri July 12, 2013

Report: Beijing, Shanghai Among Worst Airports For Delays

A domestic departures board shows flight delays at Beijing's international airport in January.
Ed Jones AFP/Getty Images

Originally published on Fri July 12, 2013 11:42 am

If you think flight delays in the U.S. are bad, try China.

A new report from travel industry monitor FlightStats says China is the world's worst when it comes to delays at major airports.

FlightStats compiled statistics from June for the report, determining that eight of the world's worst airports for flight delays were in China. Beijing and Shanghai topped the list, although New York's LaGuardia had the highest number of flight cancellations.

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TED Radio Hour
7:51 am
Fri July 12, 2013

Is Too Much Collaboration a Bad Thing?

Work doesn't happen at the office, says Jason Fried.
TED

Originally published on Tue December 17, 2013 8:04 am

Part 4 of the TED Radio Hour episode Why We Collaborate.

About Jason Fried's TEDTalk

Software entrepreneur Jason Fried has a radical theory of working: that the office isn't a good place to do it. In his talk, he lays out the main problems and offers suggestions to make work work.

About Jason Fried

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The Two-Way
6:57 am
Fri July 12, 2013

On The Economy: Inflation Accelerates; Fed Rumors Rise

A surge in prices at the pump fueled inflation in June.
Jonathan Fickies Landov

Originally published on Fri July 12, 2013 10:55 am

The morning's major economic news:

-- Inflation. Wholesale prices rose 0.8 percent in June from May, fueled by a 2.9 percent surge in the price of energy products, the Bureau of Labor Statistics says. As drivers can confirm, a 7.2 percent jump in the cost of gasoline was responsible for most of that boost.

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Business
3:35 am
Fri July 12, 2013

Microsoft CEO Reveals New Corporate Structure

CEO Steve Ballmer has shuffled the organizational deck at Microsoft, breaking down long-standing barriers within the company. Microsoft has been criticized for internal turf battles and slow-footed responses to changes in technology.

Business
3:13 am
Fri July 12, 2013

Despite Europe's Financial Crisis, Latvia To Adopt Euro

Originally published on Fri July 12, 2013 6:32 am

The words eurozone and crisis have been firmly linked together for the past half decade. Many eurozone economies have collapsed to Depression-era levels. And yet this week, the Baltic nation of Latvia, chose to join the euro. To understand that move, David Greene talks to Pauls Raudseps, economics editor of the Latvian weekly news magazine IR.

Business
3:13 am
Fri July 12, 2013

Apple To Appeal Ruling It Fixed E-Book Prices

Originally published on Fri July 12, 2013 3:40 am

A federal judge this week ruled that Apple conspired to raise prices of e-books, handing a victory to the Justice Department. Another winner in the fallout from this case was Amazon, the dominant seller of e-books.

The Two-Way
1:22 am
Fri July 12, 2013

Chuck Foley, Co-Creator Of Twister, Dies At 82

Festivalgoers play a giant game of Twister during the Glastonbury Festival of Contemporary Performing Arts in southwest England last month.
Andrew Cowie AFP/Getty Images

Originally published on Fri July 12, 2013 8:40 am

One of the men responsible for getting people tied up in knots while they played Twister has died.

Charles "Chuck" Foley died earlier this month in St. Paul, Minn. He was 82.

Foley and his business partner Neil Rabens invented the game for Milton Bradley in 1966. The pair originally called it Pretzel, and it was Milton Bradley who came up with the name Twister.

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Shots - Health News
1:16 am
Fri July 12, 2013

Messy Rollout Of Health Law Echoes Medicare Drug Expansion

Back in 2006, President Bush and Health and Human Services Secretary Michael Leavitt talked with reporters during a trip to Florida, where Bush spoke to volunteers helping seniors sign up for the Medicare prescription drug benefit.
Mike Stocker AP

Originally published on Fri July 12, 2013 3:13 am

It hasn't been a good week for the Affordable Care Act. After announcements by the administration of several delays of key portions of the law, Republicans returned to Capitol Hill and began piling on.

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Planet Money
12:53 am
Fri July 12, 2013

Will A Health Insurer Sponsor The Next 'Jackass' Movie?

Originally published on Fri July 12, 2013 3:13 am

Soon, most Americans will have to buy health insurance or pay a fine. This sounds like a marketer's dream: Captive shoppers directed by the government to buy your product. But when the product you're selling is health insurance, there are some pitfalls. Your customers may not love you. In fact, they may despise you.

"I think it may be too little too late for health insurance companies to now come out, like, 'Hey,we were just kidding the last 50 years!,'" says James Percelay, co-founder of the viral marketing firm ThinkModo in New York.

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Planet Money
4:21 pm
Thu July 11, 2013

Where The Jobs Are (And Where They Aren't), In 1 Graph

Jobs and wages
NPR

It's been five and a half years since the recession started, and four years since the recovery began. It's been a brutal time for the U.S. job market (obviously), and the picture is still pretty bleak.

But when you look at individual industries, you see a more nuanced picture. Many industries have lost jobs, but others are employing more people than ever.

To see how the jobs picture has changed since the start of the recession, we created the graph below. Here's how it works:

  • The size of the circle represents the number of jobs in each industry today.
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The Two-Way
1:55 pm
Thu July 11, 2013

Report: Microsoft Helped NSA, FBI Get Around Encryption

Microsoft CEO Steve Ballmer announces Microsoft's purchase of Skype in 2011, in San Francisco.
AFP/Getty Images

Originally published on Fri July 12, 2013 3:53 am

The latest in The Guardian's series of reports on secret U.S. electronic surveillance efforts claims to detail the extent of Microsoft's cooperation with the National Security Agency, with the tech giant reportedly allowing agents to circumvent its own encryption system to spy on email and chats, as well as its cloud-based storage service.

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The Two-Way
11:52 am
Thu July 11, 2013

Bernanke's Comments Lift Stocks To Record Highs

Originally published on Thu July 11, 2013 3:29 pm

Stocks surged Thursday after the chief of the Federal Reserve sent signals that the central bank wasn't in a hurry to stop helping the economy. When the markets closed, the Standard & Poor's 500 Index was at a record high. Other U.S. indexes were also up, including the Dow Jones Industrial Average, which rose nearly 170 points to a record 15,460.92.

Update at 5 p.m. ET: We've updated some figures in this post to reflect the markets' closing.

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The Two-Way
7:36 am
Thu July 11, 2013

Jobless Claims Rose Last Week

Originally published on Thu July 11, 2013 9:55 am

There were 360,000 first-time claims for unemployment benefits filed last week, up 16,000 from the week before, the Employment and Training Administration says.

The "four-week moving average," which gives a sense of the recent trend, "was 351,750, an increase of 6,000 from the previous week's revised average of 345,750."

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Politics
3:58 am
Thu July 11, 2013

Senators Express Concerns About Smithfield Foods Merger

Originally published on Thu July 18, 2013 2:52 pm

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION from NPR News. I'm Renee Montagne.

DAVID GREENE, HOST:

And I'm David Greene. Good morning. Pork was on the menu on Capitol Hill yesterday, but not the kind Congress produces. Lawmakers on the Senate Agriculture Committee were focused on the takeover of Smithfield Foods by a big Chinese company.

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