Originally published on Fri March 14, 2014 8:00 am
Malaysia Airlines announced Thursday that it will stop using two flight numbers associated with the plane that disappeared over the Gulf of Thailand on March 8, following a long-standing practice of retiring codes after similar incidents.
Flight MH370 vanished en route from Kuala Lumpur to Beijing with 239 people aboard. That number, which Malaysian Airlines uses to denote that particular route, will no longer be used after Friday as a "mark of respect" for the passengers and crew. MH371, the code used for the return flight, also will be retired.
NPR's business news begins with a partner for Yahoo.
(SOUNDBITE OF MUSIC)
GREENE: Yahoo is trying to boost search traffic with reviews of businesses from Yelp - in hopes that some of its popularity will rub off. Among their favorite search engines, Yahoo is a distant third after Google and Microsoft's Bing.
Ratings and snippets from "Yelp" reviews began appearing in Yahoo search results yesterday as a result of a partnership between the two companies. Transcript provided by NPR, Copyright NPR.
And there's some good news for the nation's housing market. Numbers are out today and national foreclosure filings in February were the lowest they've been since 2006. That means on a national level, lenders repossessed fewer homes and fewer homeowners got in mortgage trouble. That's not the case though, here in California.
As NPR's Nathan Rott reports, the number of homes just entering the foreclosure process here is way up.
NATHAN ROTT, BYLINE: Berlinda Phommalayvane has a story that isn't uncommon in Southern California.
I started my journey at the famed Gdansk Shipyard, home of Poland's solidarity movement in the 1980s. It was nearly midnight when I arrived and saw for the first time the Maersk McKinney Moller, the world's largest container ship.
I simply wasn't prepared for just how massive it is. The whole ship really can't be taken in, even standing at a distance, so I gave my neck a good stretch by scanning this behemoth end to end, and up and down.
The Affordable Care Act — which many see creating challenges for businesses — could benefit a particular group of business people: entrepreneurs.
Joshua Simonson was reluctant to give up his job at a Portland, Ore., area grocery store, New Seasons Market, which he says had provided excellent health care for him and his family. He had a pre-existing condition that has prevented him from getting insurance in the private market, but one key development helped convince him to quit and start a farm.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
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And I'm Melissa Block. President Obama is taking another step to raise the wages of workers and he plans to do it without getting Congress involved. The White House says tomorrow Obama will direct the Labor Department to change the rules for businesses on overtime pay. The change could mean that millions of private sector workers currently classified as management could eventually qualify for overtime.
On a street corner in downtown Washington, D.C., David Wise is opening a century-old iron gate in front of an old, boarded-up brick building.
Wise is an investigator for the Government Accountability Office, the government's watchdog group. His mission is to figure out why the government owns so many buildings, like this one, that it doesn't use.
Herbalife revealed on Wednesday that the Federal Trade Commission has opened a civil investigation into the practices of the nutrition company, which sells weight-loss shakes, vitamins and other products.
Moments after Herbalife made the announcement, its stock price plunged. At 1:51 p.m., it had lost 12 percent of its value.
Bloomberg explains that hedge fund manager Bill Ackman accused the company of running a pyramid scheme. Bloomberg adds:
Originally published on Wed March 12, 2014 11:37 am
The Obama administration's push to put income inequality atop the domestic political agenda has another battlefront.
According to The New York Times, the president "this week will seek to force American businesses to pay more overtime to millions of workers, the latest move by his administration to confront corporations that have had soaring profits even as wages have stagnated."
In the 1990s, the U.S. government embarked on an ambitious social experiment to try to help people get out of poverty. The Moving to Opportunity Program gave housing vouchers to single mothers so they could raise their kids in areas with better job prospects and better schools. The hope was the families would thrive.
The shale oil boom is having a major impact on cities across the U.S. In Philadelphia, trains bringing crude oil from North Dakota have helped revived refineries there. Plus, other businesses are now eagerly looking for ways to tap into Pennsylvania's own vast supply of natural gas.
GREENE: Toyota employees in Japan will seek their biggest pay raise in 21 years - though it's not very big. The giant Japanese automaker says it will boost pay by just under one percent. This is less than the workers union was asking for.
Japan's Prime Minister Shinzo Abe has been pressuring Japanese businesses to raise rates in an effort to pull Japan out of decades of deflation. Transcript provided by NPR, Copyright NPR.
Amid the thousands promoting new music at this week's SXSW festival in Austin, Texas, one artist took to the stage Tuesday to promote a new way to hear it. Before a crowd at the Austin Convention Center, Neil Young launched a Kickstarter campaign to support his long-planned high fidelity music player and online store, Pono.
General Motors is coming under mounting criticism for its handling of a serious defect. Last month, the company recalled 1.6 million vehicles because of faulty ignition switches linked to 13 deaths. The cars, made from 2003-2007, could stall or fail to deploy their airbags.
It's an issue GM has known about for a while, and now Congress wants to know why it took the automaker almost a decade to warn the public about it.
A dramatically different version of events is emerging about the path of Malaysia Airline's Flight 370. Malaysian authorities now say the jetliner made a sharp change in course, heading from northeast to west, and they say the last sign of the plane came an hour later than previously stated. The Boeing 777 disappeared early Saturday morning local time en route from Kuala Lumpur to Beijing with 239 people on board.
Weeks after its financial troubles forced it to file for bankruptcy protection in Japan, Mt. Gox has obtained similar protection in the U.S. The Tokyo-based bitcoin exchange suffered a collapse after a reported theft of hundreds of millions of dollars.
Mt. Gox had been the most active bitcoin exchange before it announced the loss of hundreds of thousands of units of the cryptocurrency in an attack by hackers. The company said its own bitcoins were stolen along with those of customers.
When Jonette Øyen bought her first electric car, it turned heads. "Now nobody turns around!" she says with a laugh.
Sometime in April, Norway is expected to become the first country where one in every 100 cars is purely electric. One percent may not sound like a huge figure, but in the U.S., the equivalent number would be something close to .07 percent.
Originally published on Thu March 13, 2014 8:48 am
From its earliest days as America's homegrown whiskey elixir, Kentucky bourbon has been traveling on boats.
In fact, boats were a key reason why Kentucky became the king of bourbon. In the late 1700s, trade depended on waterways, and distillers in the state had a big advantage: the Ohio River. They'd load their barrels onto flatboats on the Ohio, which flowed into the Mississippi, taking their golden liquor as far down as New Orleans.