Consumer prices were flat in January, the Bureau of Labor Statistics says. But a driving force behind that good news has reversed itself since then. According to BLS, gasoline prices fell 3 percent last month. In February, though, gas prices have risen sharply. So watch for next month's BLS report on consumer prices to tell a different story.
Google says it will select several thousand "Glass Explorers" to test drive its augmented technology eyewear. The company is running a contest to find "bold, creative" people with imaginative ideas about how they would use the technology.
Originally published on Thu February 21, 2013 4:55 am
Sony has sold about 77 million PlayStation 3s since its launch in 2006, starting at $500 each. The new model is expected to be cheaper, and it should be available in time for the holidays. The company says the PlayStation 4 will focus on social networking features and cloud-based games.
Credit / Source images from iStockphoto.com, composite by Camila Domonoske
Aereo allows users to connect to a distant antenna — a tiny device that acts like an old set of rabbit ears — and watch broadcast TV channels on their computer, tablet or smartphone. Currently the service is available only in New York City, and it's embroiled in legal complications.
An antenna or a provider: For nearly all Americans, those are the only two ways to access live network TV. Anyone within range of a transmitter can hook up rabbit ears to tune in to ABC, NBC, CBS, Fox, and other broadcasters, while cable or satellite subscribers get local channels through their subscription.
When you're trying to decide where to eat, knowing what's on the menu is important. But for restaurants trying to bring customers through the door, what's not on the menu is just as important.
Secret menus aren't new. In-N-Out Burger has had one for years. But experts say more companies are now adding secret menu items, which are even catching on overseas in places like the United Kingdom and Singapore.
From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block, with this accounting of the rapid pace of deal making in corporate America. This month alone, U.S. Airways and American Airlines merged, Comcast bought up NBC Universal, Warren Buffett teamed up with a Brazilian firm to buy the Heinz Company, and Michael Dell helped take the public company that bears his name private.
Dell's founder and another tech company have announced plans to take the computer giant private. While companies can benefit from withdrawing from the stock market, there are potential pitfalls as well.
Originally published on Wed February 20, 2013 12:32 pm
The U.S. Postal Service is getting creative in its search for new revenue after last year's $15.9 billion budget shortfall. The agency says it will debut a new clothing and accessories line called Rain Heat & Snow, inspired by its unofficial motto: "Neither snow nor rain nor heat nor gloom of night stay these couriers from the swift completion of their appointed rounds."
Originally published on Wed February 20, 2013 11:33 am
Two reports on troubles with lithium ion batteries aboard Boeing's 787 Dreamliner:
In Japan, where a battery on an All Nippon Airlines 787 overheated and began smoking on Jan. 16, forcing the plane to make an emergency landing, the Transport Ministry released a report Wednesday saying it found that the battery in question had been improperly wired.
In its quest to stem its losses, the U.S. Postal Service is venturing into new territory. We are you know, of course, it plans to end certain Saturday mail service to trim costs. But the USPS is also looking into a new revenue stream, which is today's last word in business: fashionable delivery.
Maybe you don't like your mobile phone carrier, but you like your phone and you want to keep it but change providers. An obscure change in federal law makes it illegal to switch without permission from your carrier.
If you have, for example, AT&T, in order to switch to T-Mobile you have to unlock the phone, and AT&T can now stop you from doing that.
The change in the copyright law has some people upset, and they're petitioning the White House for a fix.
As Yuki just reported, employers are looking very closely at using carrots and sticks to get workers to change their unhealthy ways. Let's learn more now about that provision in the health care law which allows employers to put in place wellness programs aimed at improving health and managing health care costs. Morgan Downey is an advocate for people with obesity. He's also the editor of the Downey Obesity Report.
MONTAGNE: A new regulatory filing by Bank of America shows its CEO received quite a raise last year. Brian Moynihan got nearly a 75 percent increase in 2012 - a pay package valued at more than $12 million. The previous year he was paid a measly $7 million.
B of A's stock has been performing well, but analysts say the bank still faces issues from the financial crisis. Transcript provided by NPR, Copyright NPR.
Boeing has won a partial victory in a contract dispute with its engineering union, and that reduces the odds of a strike, as Ashley Gross of member station KPLU in Seattle reports.
ASHLEY GROSS, BYLINE: The engineering union covers two sets of workers - salaried engineers and hourly technical workers. The engineers voted to accept Boeing's final offer. The technical workers rejected it and authorized a strike.
They'll negotiate again before a walkout, but that split vote puts union leaders like Tom McCarty in a tough position.
The Chinese army is the source of a persistent and prolific cyber espionage unit, whose hackers have attacked dozens of U.S. corporations and government agencies. That's the conclusion of a lengthy report released today by the computer security firm Mandiant. Mandiant says the hacking campaign goes back at least to 2006 and it targeted industries strategic to China's growth, including IT, energy and aerospace.
President Obama, accompanied by emergency responders — workers the White House says could be affected if state and local governments lose federal money as a result of budget cuts — speaks in the Eisenhower Executive Office building in Washington on Tuesday.
Originally published on Tue February 19, 2013 4:02 pm
By now, it's widely accepted that indiscriminate spending cuts in defense and domestic programs due to start March 1 are likely to occur owing to the failure of President Obama and the Republican-led House to reach an agreement to avoid the budgetary cleaver.
So now, the contest boils down to each side scampering for the higher ground of moral indignation.