Business

All Tech Considered
3:25 pm
Tue June 24, 2014

A New Jersey Law That's Kept Smart Guns Off Shelves Nationwide

The Armatix smart gun is implanted with an electronic chip that allows it to be fired only if the shooter is wearing a watch that communicates with it through a radio signal. It is not sold in the U.S.
Michael Dalder Reuters/Landov

Originally published on Thu June 26, 2014 9:51 am

A gun that fires only in the hands of its owner isn't science fiction anymore. A so-called smart gun is already on sale in Europe. But you won't find it on store shelves in this country — in part because of an obscure New Jersey law that's had unintended consequences for the rest of the nation.

Basically, the Childproof Handgun Law of 2002 says that once "personalized handguns are available" anywhere in the country, all handguns sold in New Jersey must be smart guns within 30 months.

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Energy
2:58 pm
Tue June 24, 2014

In Wyoming, Going Deep To Draw Energy From Coal

Linc Energy has installed 44 monitoring wells at its proposed test site near Wright, Wyo., to establish baseline water quality.
Stephanie Joyce for NPR

Originally published on Wed June 25, 2014 7:42 am

The United States is the Saudi Arabia of coal. The only catch is that most coal is buried too deep for conventional mining.

In the tradition of fracking pioneers in the oil and gas industries, an Australian company working in Wyoming wants to use an unconventional technique to access that deep coal: burning it underground.

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Media
2:15 pm
Tue June 24, 2014

For UK Phone-Hacking Case, An End In Acquittal And Conviction

Originally published on Tue June 24, 2014 5:14 pm

Transcript

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The Two-Way
12:18 pm
Tue June 24, 2014

NTSB: Too Much Technology, Too Little Training Caused Asiana Crash

Asiana Flight 214 crashed at San Francisco International Airport in July 2013. The NTSB concluded Tuesday that an over-reliance on automated systems contributed to the crash.
Marcio Jose Sanchez AP

Originally published on Tue June 24, 2014 1:32 pm

Pilot misjudgment and an over-reliance on automated systems were the main causes of last year's crash of Asiana Flight 214 in San Francisco that killed three people, the National Transportation Safety Board concluded Tuesday.

The Boeing 777 with 307 people aboard came in too low and too slow in its landing approach, the NTSB said. It hit a seawall, ripping off the tail and sending the plane's fuselage skidding down the tarmac.

The board said there was confusion over whether the plane was maintaining adequate speed for landing.

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Business
10:39 am
Tue June 24, 2014

Interviewing 101: 'See Yourself As A Resource' To Employers

Transcript

MICHEL MARTIN, HOST:

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Planet Money
10:18 am
Tue June 24, 2014

How Much House You Can Buy, In 385 U.S. Cities

Houses.
Isaac Brekken AP

Originally published on Tue June 24, 2014 3:56 pm

Are home prices cheap in your city right now?

It's common to answer this question by talking about how prices today compare with prices last year, or to look at how prices in your city compare with prices in other cities.

But there's another way to frame the question: Compare home prices with income. You would expect that the ratio would be similar in different places. In cities where incomes are higher, home prices should also be higher. In cities where incomes are lower, home prices should also be lower.

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Shots - Health News
8:21 am
Tue June 24, 2014

Employer Health Costs Are Expected To Rise In 2015

Originally published on Tue June 24, 2014 8:40 am

Increases in health costs will accelerate next year, but changes in how people buy care will help keep the hikes from reaching the speed seen several years ago, PricewaterhouseCoopers says.

The prediction, based on interviews and modeling, splits the difference between hopes that costs will stay tame and fears that they're off to the races after having been slow since the 2008 financial crisis.

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Business
8:10 am
Tue June 24, 2014

1 Editor Cleared, 1 Found Guilty In U.K. Phone-Hacking Trial

Transcript

STEVE INSKEEP, HOST:

A British jury has reached verdicts in a trial stemming from a scandal involving hacking by tabloids. Several former editors and executives of Rupert Murdoch's newspapers face charges. Former News of the World editor, Andrew Coulson, was found guilty. Other editors were not. NPR's media correspondent David Folkenflik has been covering this story. Hi, David.

DAVID FOLKENFLIK, BYLINE: Hey, Steve.

INSKEEP: OK, so what are the verdicts here?

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The Two-Way
6:55 am
Tue June 24, 2014

U.K. Phone-Hacking Trial: Brooks Cleared, Coulson Found Guilty

Rebekah Brooks, former News International chief executive, leaves the Central Criminal Court in London on Tuesday, after being acquitted. Former News of the World editor Andy Coulson was convicted of phone hacking Tuesday.
Lefteris Pitarakis AP

Originally published on Tue June 24, 2014 9:21 am

Former News International leader Rebekah Brooks has been cleared of all misconduct in a headline-grabbing trial revolving around tycoon Rupert Murdoch's British media empire. Andy Coulson, the former editor of News of the World, was found guilty of conspiracy to hack personal voicemails.

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Around the Nation
4:35 am
Tue June 24, 2014

Chicago Program Designed To Prevent White Flight Gets Renewed Attention

Originally published on Tue June 24, 2014 8:10 am

Transcript

RENEE MONTAGNE, HOST:

In Chicago, a special tax program set up decades ago to prevent white flight from the city is getting some new attention. Natalie Moore of WBEZ reports from Chicago.

NATALIE MOORE, BYLINE: The year was 1983. A reformer promised a vision different from his opponents.

(SOUNDBITE FROM ARCHIVED RECORDING)

UNIDENTIFIED ANNOUNCER: Harold Washington has a different plan.

HAROLD WASHINGTON: While they fight over that machine, I shall fight for Chicago.

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NPR Story
3:07 am
Tue June 24, 2014

Electric Utilities Keep On Current Consolidation Path

Originally published on Tue June 24, 2014 8:10 am

Transcript

STEVE INSKEEP, HOST:

NPR's Business News starts with a powerful merger. Consolidation among the companies that feed our electrical grid is continuing with a proposed deal between two power utilities in the Midwest. Chuck Quirmbach of Wisconsin Public Radio reports.

CHUCK QUIRMBACH, BYLINE: Milwaukee-based We Energies says its proposal to buy Chicago-based Integrys for $9 billion is a good fit. We Energies' vice president Rick White says the number of publicly traded electric utilities has been shrinking.

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NPR Story
3:07 am
Tue June 24, 2014

No Joy For Stephen King Fans Who Confuse Book Titles

Originally published on Tue June 24, 2014 8:10 am

Transcript

STEVE INSKEEP, HOST:

And our last word in Business today is a thriller.

RENEE MONTAGNE, HOST:

Or is it a coming-of-age novel?

INSKEEP: Well actually, it's a case of mistaken identity. "Joyland" is the title of bestseller Stephen King's new book.

MONTAGNE: "Joyland" is also the title of the debut coming-of-age novel by Emily Schultz published back in 2006.

INSKEEP: Aw. Some readers thought they were ordering the newest Stephen King book from Amazon and instead they got confused.

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NPR Story
3:07 am
Tue June 24, 2014

Latest Climate Change Report Paints Dire Picture For Business

Former Treasury Secretary Henry Paulson says he hopes a new study can influence the business community by applying the science of risk management.
iStockphoto

Originally published on Tue June 24, 2014 12:38 pm

The U.S. economy faces great risks from climate change, according to a new study that focuses on the current and future effects of climate change on everything from jobs, to crop yields, to energy production.

Though the study presents no new climate science, it paints a dire picture of the business and economic effects if action isn't taken, including crop yields that fall by more than 70 percent in the Midwest and billions of dollars' worth of property literally underwater on the East Coast.

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Parallels
1:40 am
Tue June 24, 2014

Cuba's Budding Entrepreneurs Travel A Rocky Road Toward Success

Cuban entrepreneur Barbara Fernandez Franco oversees two employees in the small living room of her home in Havana, the Cuban capital. Her boyfriend, Michel Perez Casanova (right), works in the tourism industry but also helps with her business.
David Gilkey NPR

Originally published on Tue June 24, 2014 10:57 am

When Americans think of business in Cuba, they think of government-owned enterprise. And the vast majority of Cubans do work for the state.

But in recent years, private business owners known as cuentapropistas have flourished on the island.

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The Salt
1:28 am
Tue June 24, 2014

Tequila Nation: Mexico Reckons With Its Complicated Spirit

Blue agaves grow in a plantation for the production of tequila in Arandas, Jalisco state, Mexico, in December 2010. In the past 20 years, tequila has become fashionable all over the world, demonstrating that producers' international sales strategy has been a great success.
Hector Guerrero AFP/Getty Images

Originally published on Thu June 26, 2014 3:54 pm

The Mexican town of Tequila in the western state of Jalisco is the heart of a region that produces the legendary spirit. Any bottle of tequila must be made from the Weber Blue species of agave, grown and distilled in this region.

Field after field of agave gives this land a blue hue, defining an economy and its traditions.

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Law
2:07 pm
Mon June 23, 2014

U.S. Tip-Toes Closer To Unprecedented Fine On French Banking Giant

Originally published on Mon June 23, 2014 6:07 pm

Transcript

AUDIE CORNISH, HOST:

U.S. officials are close to a multibillion-dollar settlement with the giant, French bank BNP Pariba over allegations of sanctions violations. The bank is expected to admit that its affiliates did business with countries subject to U.S. economic sanctions - Sudan, Cuba and Iran. NPR's Jim Zarroli reports.

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Opinion
8:00 am
Mon June 23, 2014

Meanstruation: HelloFlo's Mother-Daughter War Is Funny, And Sad

The new commercial from HelloFlo, which markets menstruation care packages for tweens, features a girl whose mother throws her a "first moon party."
HelloFlo/YouTube

Originally published on Mon June 23, 2014 8:20 am

HelloFlo's new ad for "period starter kits" is getting a lot of hype, and deservedly so, as it is a refreshing break from any other ad campaign about the agony surrounding the curse of Eve.

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Politics
4:23 am
Mon June 23, 2014

Administration Focuses On Challenges Working Families Face

Originally published on Mon June 23, 2014 9:11 am

Transcript

STEVE INSKEEP, HOST:

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Business
3:22 am
Mon June 23, 2014

Sting's Kids Better Not Plan On Being Left A Big Inheritance

Originally published on Mon June 23, 2014 9:11 am

Transcript

RENEE MONTAGNE, HOST:

And now to our last word in business - stung. There was a tough public revelation for the children of pop-star Sting over the weekend.

STEVE INSKEEP, HOST:

The man who once sang (singing) if you love somebody, set them free - must love his children a lot because he's really setting them free. The former lead singer of The Police told Britain's Mail On Sunday newspaper that his offspring will not be inheriting any of his estimated $300 million fortune.

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Business
3:22 am
Mon June 23, 2014

Amazon Relents: Begins Selling Rowling's 'Silkworm'

Originally published on Mon June 23, 2014 9:11 am

J.K. Rowling's new book, The Silkworm, has been caught up in Amazon's ongoing fight with publisher Hachette Book Group. Amazon has been delaying delivery on more than 5,000 of Hachette's titles

Business
2:04 am
Mon June 23, 2014

As Carmakers Recall Vehicles, Dealers Might Make A Profit

Chevrolet dealerships like this one might actually benefit from General Motors' recall of millions of cars — as long as customers don't have to wait too long for their repairs.
Bill Pugliano Getty Images

Originally published on Fri June 27, 2014 3:20 am

The auto industry is cruising toward a record number of safety recalls: GM has recalled 20 million vehicles in the first six months of this year, and most carmakers have lowered the bar for the kind of problems that'll have them sending you back to your local dealers.

But while that sounds like bad news, it turns out that recalls can have an upside — at least for car dealers.

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Sports
1:31 am
Mon June 23, 2014

The WNBA Televises Its Pride With LGBT Campaign

Phoenix Mercury center Brittney Griner (No. 42) is among the WNBA players participating in the league's effort to embrace the LGBT community.
Stacy Bengs AP

Originally published on Mon June 23, 2014 9:39 am

Sunday's nationally televised WNBA game between the Tulsa Shock and Chicago Sky was more than just two teams playing basketball. It was billed as the league's first national Pride Game, and it is part of a bigger initiative by the WNBA to embrace the LGBT community.

For the first time in its 18 years of existence, the league addressed the issue of equality and tolerance during a televised game.

"We're the pioneers. We're showing our league is strong and we're branching out into different communities. We need more LGBT role models," says WNBA player Brittney Griner.

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Business
3:09 pm
Sun June 22, 2014

Puma's Pink And Blue Cleats Make A Bold Play At The World Cup

Italy's Mario Balotelli sports Puma's new evoPOWER Tricks cleats.
Frank Augstein AP

Originally published on Sun June 22, 2014 4:25 pm

Athletes aren't the only ones battling for supremacy on the World Cup pitch: Shoe brands are fighting for glory, too.

For the most part, it's the fluorescent Nike Vapors versus the Adidas Adizero Battle Pack cleats. But while those brands dominate the soccer market, Kyle Stock of Bloomberg Businessweek says Puma has a counterattack: the mismatched pink and blue soccer cleats called Tricks.

"You see a lot of yellows out there and oranges and reds, but in the blur of the feet, you notice [the Tricks]," Stock tells NPR's Arun Rath.

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Business
3:36 pm
Sat June 21, 2014

In Attempt At Turnaround, Yahoo's Marissa Mayer Hires Outside The Box

Originally published on Sat June 21, 2014 4:19 pm

Transcript

ARUN RATH, HOST:

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Code Switch
12:41 pm
Sat June 21, 2014

Some Of Us Sacrifice More To Stay In Home Sweet Home

Despite the challenges to finding affordable housing, blacks and Latinos still say they feel like home ownership is an excellent investment.
Jae C. Hong AP

Originally published on Sat June 21, 2014 2:30 pm

If it seems like we talk about housing a lot on Code Switch, it's because we do. But the fact is it's really hard to talk about all the ways race correlates to different outcomes — in health or education, say— without talking about where people live. Take household wealth, for example: The major reason whites have so much more of it is because of how much likelier they are not just to own homes, but to own homes in places where that property might appreciate in value.

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All Tech Considered
7:56 am
Sat June 21, 2014

Tech Week: Yo, The Amazon Fire Phone And Apple's iWatch?

Amazon founder and CEO Jeff Bezos presents the company's first smartphone, the Fire Phone in Seattle on Wednesday.
David Ryder Getty Images

It was a big week for product news in the tech world, a topic we typically reserve for your weekly round-ups. Here we go ...

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Business
2:57 pm
Fri June 20, 2014

U.S.-Foreign Mergers Raise Calls For Tax Reforms

Medtronic Chairman Omar Ishrak said the $43 billion merger with Covidien isn't just about cutting taxes — it makes business sense.
Brendan McDermid Reuters/Landov

Originally published on Fri June 20, 2014 5:08 pm

This week the big medical device company Medtronic said it was moving its legal headquarters from Minneapolis to Ireland. It's part of a $43 billion merger with another medical company, Dublin-based Covidien.

The move is a tax-saving strategy called an inversion and it's growing more common in the corporate world.

U.S. companies make huge amounts of money overseas every year and much of it stays there, stashed away in foreign accounts.

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The Salt
2:26 pm
Fri June 20, 2014

From Organic Pioneers, Son Inherits Passion, Just Not For Farming

Writer Arlo Crawford (left) with his father, Jim Crawford, an elder statesman of the organic farming movement who dropped out of law school in 1972 to grow vegetables.
Melanie McLean/Courtesy of Henry Holt and Co.

Originally published on Wed June 25, 2014 10:00 am

If you're a listener, you may recognize the name New Morning Farm.

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The Salt
10:19 am
Fri June 20, 2014

Going Against The Grain: FDA Threatens Brewers' Feed For Farmers

Although the FDA seems to have backed off, farmers and brewers are still nervous about the FDA's rule, which will be proposed again at the end of summer.
Shelly Pope/KQED

Originally published on Fri June 20, 2014 2:57 pm

Want to infuriate the entire brewing industry? Start poking around its trash.

That's what the Food and Drug Administration discovered when it threatened to dramatically affect how breweries use their spent grain.

Last fall, the FDA proposed a new rule: Facilities producing feed for animals should be subject to regulations similar to those in food manufacturing. Any facility producing animal feed would be required to produce a written plan to identify and minimize contamination.

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All Tech Considered
8:49 am
Fri June 20, 2014

Yo Is The Buzzy App Of The Moment, Whether Yo Like It Or Not

justyo.co

Originally published on Fri June 20, 2014 12:41 pm

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