Business

Race
9:37 am
Fri October 4, 2013

Will Settlement Bring Black Farmers Dignity?

After years of discrimination from the U.S. Department of Agriculture, black farmers are now getting a $1.25 billion settlement. Founder and president of the National Black Farmers Association John Boyd tells host Michel Martin what this settlement means for farmers and their families.

Politics
9:37 am
Fri October 4, 2013

Government Shutdown? 'This Is Democracy In Action'

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. After decades of litigation, checks are going out this week to thousands of black farmers who - lawmakers eventually agreed - faced discrimination by the U.S. Department of Agriculture. We'll speak with one of the people who helped lead the fight for years, even though he will not personally benefit. That's in just a few minutes.

Read more
The Two-Way
7:37 am
Fri October 4, 2013

Siri, Who Are You? She Won't Say, But Her ID's Been Blown

Voice actor Susan Bennett, talking to herself (or, rather, Siri) for CNN.
CNN.com

Originally published on Fri October 4, 2013 8:43 am

We tried Friday morning to get Siri to confirm CNN's report that a real woman named Susan Bennett is the "classic" American voice of Apple's virtual assistant.

But all Siri would do is tell us, repeatedly, that "this is about you, not me." As for whether she does have a "real" voice, Siri would only say that "I guess I don't have one."

Read more
It's All Politics
6:07 am
Fri October 4, 2013

Friday Morning Political Mix

Anti-Obama demonstrators in Indonesia will have to hold their protests without him. He cancelled his Asian trip due to the U.S. government shutdown. (Their signs accused him of murdering Muslims.)
BAY ISMOYO AFP/Getty Images

Originally published on Fri October 4, 2013 7:16 am

Happy Friday, fellow political junkies. Of course, it's hard to be happy if you're one of the more than two million federal workers either furloughed or working without pay, or one of the millions of other Americans whose lives are disrupted by official Washington's dysfunction. It's Day Four of the federal government shutdown, 2013 edition. And an end to the disagreement still doesn't seem in the offing.

On that grim note, here are some items of political interest worth mulling over this morning.

Read more
Business
3:06 am
Fri October 4, 2013

Shutdown Delays September Jobless Figures

Originally published on Fri October 4, 2013 8:36 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news begins with no new jobs report.

The Labor Department says it's not releasing the September employment report today as scheduled. The jobs report is almost always released on the first Friday of the month. Not this time. That's thanks to the shutdown, which is in its fourth day.

Read more
Business
3:06 am
Fri October 4, 2013

Tesla Stock Hits Bumpy Road After Car Fire

Originally published on Fri October 4, 2013 8:36 am

Transcript

RENEE MONTAGNE, HOST:

Stock in the electric carmaker Tesla has been tumbling. That's after a video of a Tesla Model S on fire went viral. The high-end carmaker has lost billions of dollars of in value in just a few days.

NPR's Sonari Glinton reports.

Read more
Law
3:06 am
Fri October 4, 2013

Mark Cuban Testifies During Insider-Trading Trial

Originally published on Fri October 4, 2013 8:36 am

Transcript

DAVID GREENE, HOST:

One of pro basketball's most colorful figures is not on the court, but he's now in court. Mark Cuban, the billionaire owner of the Dallas Mavericks, defended himself yesterday on civil charges of insider trading.

From member station KERA in Dallas, BJ Austin reports.

Read more
Business
3:06 am
Fri October 4, 2013

German Beer Festival Goes Vegan

Originally published on Fri October 4, 2013 8:36 am

Transcript

DAVID GREENE, HOST:

And today's last word in business: beer and a shot of vegan?

Munich's Oktoberfest - the Bavarian festival of beer - ends on Sunday. It normally brings in over $1 billion and draws some six million visitors to the German city.

RENEE MONTAGNE, HOST:

Lots of bratwurst and chicken and of course beer get consumed. This year, festival goers have been treated to something else, thanks to the Lorenz Huckett(ph), a 21-year-old cook who took time from working in the kitchen of his father's festival tent to talk to us.

Read more
Analysis
3:06 am
Fri October 4, 2013

Ready Or Not, 'Obamacare' Rolls Out As Planned

Originally published on Fri October 4, 2013 8:36 am

Transcript

RENEE MONTAGNE, HOST:

And all of that happened yesterday in what has been a charged week at the Capitol. Republicans in the House stuck to their demands to defund the Affordable Care Act and parts of the government remain shut down.

DAVID GREENE, HOST:

Read more
Business
3:06 am
Fri October 4, 2013

Part-Time Workers Search New Exchanges For Health Insurance

The specialty grocer Trader Joe's says next year it will end its policy of offering health benefits for part-time workers. Instead, the store will offer part-timers cash to help buy coverage.
Bloomberg via Getty Images

Originally published on Fri October 4, 2013 2:26 pm

Across the U.S., many part-time workers have joined the millions shopping for coverage in the new health care marketplace. Some are uninsured. Others are being pushed into the new exchanges because their employers — companies that include Trader Joe's and Home Depot — decided to drop coverage for part-timers.

Read more
Business
3:06 am
Fri October 4, 2013

Twitter Releases IPO Documents

Originally published on Fri October 4, 2013 8:36 am

Twitter gave potential investors the first peek at its financials as the company heads toward its initial public offering. Twitter plans to raise $1 billion in its IPO and will trade under the ticker symbol TWTR. While Twitter has quickly transformed the way people communicate and comment on events, it has yet to establish itself as a business.

Economy
3:03 pm
Thu October 3, 2013

Shutdown Might Mean No Jobs Report, But Does It Matter?

Originally published on Fri October 4, 2013 9:38 am

Transcript

MELISSA BLOCK, HOST:

Among the casualties of this week's government shutdown is one pretty big economic indicator. The Labor Department confirmed today that it will not release September's unemployment report tomorrow as scheduled. The Bureau of Labor Statistics, which compiles the report, says it doesn't have enough people on hand to crunch the numbers.

NPR's Jim Zarroli looks at the impact of the decision on markets.

Read more
The Two-Way
10:27 am
Thu October 3, 2013

Tesla's Stock Gets Burned After Car Fire And Downgrading

A Tesla Model S at the 2013 North American International Auto Show in Detroit on Jan. 15.
Stan Honda AFP/Getty Images

Originally published on Thu October 3, 2013 11:26 am

High-flying billionaire Elon Musk's Tesla Motors has seen its shares skid the past couple days because they've been downgraded by analysts and because of a YouTube clip showing one of the all-electric luxury cars engulfed in flames earlier this week.

Just before noon ET, a share of Tesla was trading around $169.50 — down about 6.5 percent for the day and $25 (13 percent) below its 52-week high of $194.50.

Read more
The Salt
10:12 am
Thu October 3, 2013

How's The Sausage Made? These Folks Really Want To Share The Knowledge

Brent Gentry of Underground Meats rotates a coppa. Underground Meats is behind a new project that aims to lower the barrier to entry for would-be artisanal meat producers by making it easier for them to craft food safety plans.
Emily Julka Courtesy of Underground Meats

Originally published on Thu October 3, 2013 11:45 am

With the current bloom of artisanal small-batch producers across the country, you'd think that all you need to start up a new food business is a good idea and a lot of gumption. And for the most part, that's true. But when it comes to artisanal producers working with meat, you also need something else: a Hazards Analysis and Critical Control Points plan. Or, if you will, a HACCP.

Read more
The Government Shutdown
9:48 am
Thu October 3, 2013

Without Key Jobs Data, Markets And Economists Left Guessing

JPMorgan Chase trader Frederick Reimer works on the floor of the New York Stock Exchange. The government's monthly jobs numbers won't be released as scheduled Friday, leaving financial markets without key data to evaluate the economy.
Brendan McDermid Reuters/Landov

Originally published on Thu October 3, 2013 11:32 am

Stock investors and business journalists unite each month for one shared, suspenseful moment — the 8:30 a.m. release of the Labor Department's employment report.

The unveiling of the report — so rich with data on job creation, unemployment, wages and hours — can be counted upon to set off a tsunami of tweets. Economists jump in with instant analysis and politicians fire off press releases with reactions.

That market-moving report was due this Friday.

Read more
The Two-Way
9:28 am
Thu October 3, 2013

Treasury: New Debt Ceiling Fight Could Derail Economy

Treasury Secretary Jacob Lew leaves the Capitol after a visit on Thursday.
Alex Wong Getty Images

Originally published on Thu October 3, 2013 1:30 pm

The Treasury Department is issuing a warning of dire economic consequences that could rival the Great Recession if Congress is unable to agree on raising the debt ceiling and the nation defaults on its obligations.

Read more
The Two-Way
7:07 am
Thu October 3, 2013

Jobless Claims Stay Near Six-Year Low

There were 308,000 first-time claims for unemployment insurance filed last week, up 1,000 from the week before, the Employment and Training Administration reported Thursday morning.

That means claims continue to run at a relatively low rate that until recent weeks hadn't been seen since the spring of 2007 — six months before the start of the 2007-09 recession.

Read more
Around the Nation
3:29 am
Thu October 3, 2013

Colo. Flooding Challenges Small Business Owners In Lyons

Originally published on Thu October 3, 2013 10:53 am

Transcript

RENEE MONTAGNE, HOST:

Amid the partial government shutdown, the Small Business Administration will continue only a few programs, including disaster relief loans. That's good news in Colorado, where nearly a thousand businesses were damaged or destroyed by recent flooding. Many more could see sales go down.

Grace Hood of member station KUNC traveled to the small town Lyons to understand the full scope of challenges facing small businesses.

Read more
Business
3:23 am
Thu October 3, 2013

Fashion Designer Mark Jacobs To Leave Louis Vuitton

Originally published on Thu October 3, 2013 10:53 am

Transcript

RENEE MONTAGNE, HOST:

And in other business news, Marc Jacobs is packing his bags. The fashion designer is leaving Louis Vuitton after 16 years. He is expected to focus on an eventual IPO for his own Marc Jacobs brand.

NPR's Margot Adler reports.

MARGOT ADLER, BYLINE: There was a sense of foreboding at Marc Jacob's spring fashion show in Paris. First, the music.

(SOUNDBITE OF MUSIC)

Read more
Business
3:17 am
Thu October 3, 2013

Court Ordered To Review BP Payout Formula

Originally published on Thu October 3, 2013 10:53 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news begins with a reprieve for BP.

(SOUNDBITE OF MUSIC)

INSKEEP: The energy company has won a partial victory after a U.S. appeals court halted some payments related to the 2010 oil spill in the Gulf of Mexico. This is a big win for BP which had complained that the payout formula was too generous, and compensated people who were not harmed. Billions of dollars in claims were filed by businesses and individuals in the aftermath of the Deepwater Horizon spill.

Read more
Politics
3:17 am
Thu October 3, 2013

Day 3 Of Shutdown: Both Sides Remain Dug In

Originally published on Thu October 3, 2013 10:53 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

The nation has grown accustomed to political crisis manufactured in Washington.

INSKEEP: Americans and their leaders are less accustomed to the situation now. The drama leading up to the deadline for a government shutdown was familiar.

Read more
Business
3:17 am
Thu October 3, 2013

Rhode Island City Appeals For Funds To Get Trash Cans

Originally published on Thu October 3, 2013 10:53 am

Transcript

RENEE MONTAGNE, HOST:

And our last word in business is: Crowd Funding.

Central Falls, a former mill city in Rhode Island, has turned to the Internet for donations to fund a government project.

STEVE INSKEEP, HOST:

Now this is a town that was so broke a couple of years ago, it could not keep its only library open or pay full pension benefits to firefighters and policemen. It had to file for bankruptcy.

Read more
Politics
2:14 am
Thu October 3, 2013

National Parks Close As Other Public Lands Stay Open

The road to Lee's Ferry, Ariz., is blocked by barricades and national park rangers. Lee's Ferry is the launching point for river trips down the Colorado River through Grand Canyon National Park.
Scott Lee NPR

Originally published on Thu October 3, 2013 10:53 am

From Acadia in Maine to Zion in Utah to the North Cascades in Washington, America's 401 national park areas have gates blocking entrance roads.

The last remaining campers and hotel guests in the parks must leave Thursday, and park rangers will patrol to keep others out.

The national parks "belong to the American people, and the American people should have the right to come in," says National Park Service Director Jonathan Jarvis. "But the only way I can protect these places during this period is to shut them down."

Read more
Shots - Health News
1:07 am
Thu October 3, 2013

Back To Work After A Baby, But Without Health Insurance

People get information on California's health exchange at a table at Union Station in Los Angeles on Tuesday, the exchange's opening day.
Reed Saxon AP

Originally published on Sat October 5, 2013 7:13 pm

Pardit Pri had health insurance until she decided to quit her job as a legal administrative assistant and stay home with her newborn son 20 months ago. She thought she'd have coverage by now. But it didn't work out that way.

"I knew that I wasn't going to be working for a while because I decided to stay home with my son, and I thought ... 'OK, fingers crossed. Nothing will happen during that time,' " she says, as she plays with her son in their Orange County, Calif., apartment.

Read more
Around the Nation
1:05 am
Thu October 3, 2013

While Others Underfunded Pensions, Milwaukee Held Firm

Bill Averill, 62, has retired from the City of Milwaukee assessor's office and is collecting his pension. Milwaukee's fund is consistently rated as one of the best-performing in the country.
Erin Toner WUWM

Originally published on Thu October 3, 2013 10:53 am

After more than two decades in city government, Bill Averill has a pretty impressive mental inventory of Milwaukee real estate. He started in the city assessor's office when he was 34, after leaving a private sector job that paid better but had no retirement benefits.

"That was one of the main reasons I went to work for the City of Milwaukee," he says. "And so I knew the pension at some time, way out in the future, would be a benefit to me."

Read more
All Tech Considered
1:02 am
Thu October 3, 2013

The Man Behind The Shadowy Illicit Drug Market, Silk Road

A screen grab from a December 2012 StoryCorps interview with Ross Ulbricht, the alleged mastermind of the online marketplace known as Silk Road.
YouTube

Originally published on Thu October 3, 2013 10:53 am

It's not every day federal authorities get to bust a case like this. It involves millions of dollars, illicit drugs and a would-be assassin, all of which allegedly were bought and sold on the Internet, in a shadowy online marketplace known as the Silk Road. On Tuesday, federal authorities shut down that site and arrested 29-year-old Ross Ulbricht, the man they say is its mastermind.

Read more
Shots - Health News
12:59 am
Thu October 3, 2013

Small Businesses May Find Insurance Relief In Exchanges

An employee of Covered California works in the newly opened call center in Rancho Cordova, Calif. Covered California is the state's new health insurance exchange.
Rich Pedroncelli AP

Originally published on Thu October 3, 2013 12:11 pm

Walk down the carpeted hallways of Westwind Media in Burbank, Calif., and it's common to hear the odd explosion, the hum of traffic or a burst of gunfire.

It's here in these edit bays that small feature films and TV dramas like the ABC hits Grey's Anatomy and Scandal and CBS's Person of Interest get primped and polished for prime-time viewing.

Read more
The Government Shutdown
4:57 pm
Wed October 2, 2013

Some Are Benefiting From The Government Shutdown

Rasim Akin Sevimli of Turkey tries to peer through the glass of the closed Smithsonian National Air and Space Museum on Tuesday — his only chance to see the museum before leaving Washington, D.C.
Carolyn Kaster AP

Originally published on Thu October 3, 2013 10:52 am

Among the temporary casualties of the government shutdown, besides the paychecks of 800,000 workers, are all federally funded tourist attractions.

Sure, it's a bummer for those who planned vacations around the Smithsonian museums and galleries, national parks and national monuments (although barricades didn't stop some veterans at the World War II Memorial in Washington, D.C., Tuesday).

Read more
All Tech Considered
3:36 pm
Wed October 2, 2013

Social Media Detectives: Is That Viral Video For Real?

via YouTube

Originally published on Wed October 2, 2013 5:56 pm

Read more
The Two-Way
1:39 pm
Wed October 2, 2013

U.S. Opposes Tech Firms' Plea To Release Surveillance Requests

An employee stands at the Microsoft booth during the 2013 Computex in Taipei on June 4, 2013.
Mandy Cheng AFP/Getty Images

The United States filed a court brief (pdf) opposing the release of details concerning the surveillance requests they hand big tech companies in the U.S.

Read more

Pages