Business http://ktep.org en It May Be Summer, But For Economists, This Week Feels Like Christmas http://ktep.org/post/it-may-be-summer-economists-week-feels-christmas This week is summer's sweet spot — the peak time for pool parties, fresh-picked berries and cool drinks. But for economists, it may feel more like Christmas — so much to unwrap!<p>Each day will bring new decisions and reports that could have a big impact on the nation's economy. So economists, investors and workers will have plenty to ponder. Mon, 28 Jul 2014 17:37:00 +0000 Marilyn Geewax 45554 at http://ktep.org It May Be Summer, But For Economists, This Week Feels Like Christmas In Times Of Transition, Get Practical About Your Finances http://ktep.org/post/times-transition-get-practical-about-your-finances <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=In+Times+Of+Transition%2C+Get+Practical+About+Your+Finances+&utme=8(APIKey)9(MDAxODg3MTg0MDEyMTg2NTY3OTI5YTI3ZA004)"/></div><p> Mon, 28 Jul 2014 16:22:00 +0000 editor 45550 at http://ktep.org Dollar Tree To Buy Family Dollar In $8.5 Billion Deal http://ktep.org/post/dollar-tree-buy-family-dollar-85-billion-deal With Dollar Tree's agreement to purchase Family Dollar on Monday, two of the United States' biggest discount stores are coming together in a deal estimated at $8.5 billion in cash and stock.<p><a href="http://dealbook.nytimes.com/2014/07/28/dollar-tree-to-buy-family-dollar-for-8-5-billion/?_php=true&_type=blogs&hp&action=click&pgtype=Homepage&version=HpHeadline&module=second-column-region&region=top-news&WT.nav=top-news&_r=0"><em>The New York Times</em> reports</a>:<p><blockquote><p>"The deal comes amid pressure on Family Dollar by the activist investor Carl C. Mon, 28 Jul 2014 14:28:00 +0000 Eyder Peralta 45548 at http://ktep.org Dollar Tree To Buy Family Dollar In $8.5 Billion Deal The Ice Cream Sandwich That Wouldn't Melt http://ktep.org/post/ice-cream-sandwich-wouldnt-melt <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=The+Ice+Cream+Sandwich+That+Wouldn%27t+Melt&utme=8(APIKey)9(MDAxODM0MzkwMDEyMTY4NDg0NTBmYjQyZQ004)"/></div><p> Mon, 28 Jul 2014 12:12:00 +0000 editor 45542 at http://ktep.org U.K. Launches Licensing For Onshore Oil And Gas Exploration http://ktep.org/post/uk-launches-licensing-onshore-oil-and-gas-exploration <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=U.K.+Launches++Licensing+For+Onshore+Oil+And+Gas+Exploration&utme=8(APIKey)9(MDAxODMzOTM1MDEyMTY4Mzc5OTliNTMwMg004)"/></div><p> Mon, 28 Jul 2014 10:09:00 +0000 editor 45535 at http://ktep.org Rust Devastates Guatemala's Prime Coffee Crop And Its Farmers http://ktep.org/post/rust-devastates-guatemalas-prime-coffee-crop-and-its-farmers Outside the northern Guatemalan town of Olopa, near the Honduran border, farmer Edwin Fernando Diaz Viera stands in the middle of his tiny coffee field. He says it was his lifelong dream to own a farm here. The area is renowned for producing some of the world's richest Arabica, the smooth-tasting beans beloved by specialty coffee brewers.<p>"My farm was beautiful, it was big," he says.<p>But then, a plant fungus called coffee rust, or <em>roya</em> in Spanish, hit his crop.<p>"Coffee rust appeared and wiped out everything," he says.<p>That was in 2012, and it was Diaz Viera's first crop. Mon, 28 Jul 2014 09:00:00 +0000 Carrie Kahn 45522 at http://ktep.org Rust Devastates Guatemala's Prime Coffee Crop And Its Farmers Depends Promotes Pants-Dropping For 'Underwearness' http://ktep.org/post/last-word <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=Depends+Promotes+Pants-Dropping+For+%27Underwearness%27+&utme=8(APIKey)9(MDA4MjIzNjkwMDEzMTcwNjcxNzNmYmMzMA004)"/></div><p> Mon, 28 Jul 2014 09:00:00 +0000 editor 45530 at http://ktep.org More Than Half Of Spaniards In Their 20s Are Unemployed http://ktep.org/post/more-half-spaniards-their-20s-are-unemployed Even though Spain's economy is out of recession, youth unemployment has hit 57.7 percent — more than double the continent's average. Economists say it could be years before jobs return. By then, many Spanish 20-somethings — dubbed the "lost generation" — will have missed a decade or more of work. <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=More+Than+Half+Of+Spaniards+In+Their+20s+Are+Unemployed&utme=8(APIKey)9(MDAxNzgwMzIyMDEyMTQ4NzkxNDM0OWYxYg004)"/></div><p> Mon, 28 Jul 2014 09:00:00 +0000 editor 45531 at http://ktep.org Locked In U.S. Hedge Fund Battle, Argentina Faces Default http://ktep.org/post/locked-us-hedge-fund-battle-argentina-faces-default <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=Locked+In+U.S.+Hedge+Fund+Battle%2C+Argentina+Faces+Default&utme=8(APIKey)9(MDAwMTM1NDgzMDEyMzg2MDcwMzJjODJiYQ004)"/></div><p> Mon, 28 Jul 2014 09:00:00 +0000 Jim Zarroli 45532 at http://ktep.org When Did Companies Become People? Excavating The Legal Evolution http://ktep.org/post/when-did-companies-become-people-excavating-legal-evolution Are corporations people? The U.S. Supreme Court says they are, at least for some purposes. Mon, 28 Jul 2014 09:00:00 +0000 Nina Totenberg 45521 at http://ktep.org When Did Companies Become People? Excavating The Legal Evolution Labels: Easy To Read, Not Always Easy To Trust http://ktep.org/post/labels-easy-read-not-always-easy-trust <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=Labels%3A+Easy+To+Read%2C+Not+Always+Easy+To+Trust&utme=8(APIKey)9(MDAxODg3MTg0MDEyMTg2NTY3OTI5YTI3ZA004)"/></div><p> Sun, 27 Jul 2014 12:12:00 +0000 editor 45503 at http://ktep.org This Traffic Backup Brought To You By ... http://ktep.org/post/traffic-backup-brought-you With the advent of the "sharing economy" and successful peer-to-peer ventures like Airbnb and RelayRides, it is now possible for millions to turn a quick buck by renting out underused assets like a spare guest room or a even a dog that needs walking.<p>But many of us who endure long car rides to work each day have another asset that we may have been too frazzled, bored or fatigued to appreciate — even though it trails us almost everywhere we go: our car's bumper.<p><strong>Traffic Problems Sat, 26 Jul 2014 18:52:00 +0000 Sean Braswell 45474 at http://ktep.org This Traffic Backup Brought To You By ... NFL Faces Criticism Over Ray Rice Suspension From Ravens http://ktep.org/post/nfl-faces-criticism-over-ray-rice-suspension-ravens <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=NFL+Faces+Criticism+Over+Ray+Rice+Suspension+From+Ravens&utme=8(APIKey)9(MDAwMTM1NDgzMDEyMzg2MDcwMzJjODJiYQ004)"/></div><p>Transcript <p>SCOTT SIMON, HOST: <p>Oh, my favorite tune lots of sports news. Alas - most of it away from the playing field this week. Pleased to be joined now by Kavitha Davidson, sports columnist for Bloomberg View. She joins us from the studios of the Radio Foundation in New York City. Sat, 26 Jul 2014 14:33:00 +0000 editor 45468 at http://ktep.org Tech Week: Industry Diversity, Digital Afterlives, Net Neutrality http://ktep.org/post/tech-week-industry-diversity-digital-afterlives-net-neutrality What happened in technology this week, you ask? Here's a roundup of the tech stories reported by NPR and others since you last checked in.<p><h3>ICYMI</h3><p><strong>Hack The Hood: </strong>Twitter this week followed <a href="http://www.npr.org/blogs/alltechconsidered/2014/06/26/325798198/facebooks-diversity-numbers-are-out-and-theyre-what-you-expect?utm_source=twitter.com&utm_medium=social&utm_campaign=alltech&utm_term=nprnews&utm_content=20140723">Google, Facebook and Yahoo</a> in releasing numbers on the makeup of its workforce. Sat, 26 Jul 2014 13:22:00 +0000 Avie Schneider 45459 at http://ktep.org Tech Week: Industry Diversity, Digital Afterlives, Net Neutrality If All The Ice Melts, What Happens To Hockey? http://ktep.org/post/if-all-ice-melts-what-happens-hockey <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=If+All+The+Ice+Melts%2C+What+Happens+To+Hockey%3F&utme=8(APIKey)9(MDAxODc1ODA5MDEyMjg1MDYxNTFiZTgwZg004)"/></div><p> Sat, 26 Jul 2014 12:35:00 +0000 editor 45457 at http://ktep.org Happy Birthday To Amazon, And Its Data Mining http://ktep.org/post/happy-birthday-amazon-and-its-data-mining Amazon is now 20 years old!<p>In 1994, Jeff Bezos walked out of the Wall Street hedge fund where he worked after they declined to invest in his idea, and began to sell books out of his garage.<p>Today, Amazon is a retail and entertainment empire, selling books and shoes, computers, overcoats, band saws, sofa beds, kimchi, canned beans, artwork, wine, grills, generators, drones, kitty litter, pool filter pumps and garden gnomes, etc., etc., and more.<p>Type in "kitchen sink"- you'll find dozens.<p>Bezos chose the name Amazon, incidentally, because it begins with an A, to pop up to the top of al Sat, 26 Jul 2014 12:35:00 +0000 Scott Simon 45452 at http://ktep.org Happy Birthday To Amazon, And Its Data Mining Bill Allowing Americans To Unlock Cellphones Passes House, Heads To Obama http://ktep.org/post/bill-allowing-americans-unlock-cellphones-passes-house-heads-obama Approving a bill that has already passed the Senate, the House of Representatives has given its consent to legislation that lets U.S. Fri, 25 Jul 2014 21:45:00 +0000 Bill Chappell 45431 at http://ktep.org Can Finishing A Big Bowl Of Ramen Make Dreams Come True? http://ktep.org/post/can-finishing-big-bowl-ramen-make-dreams-come-true You can find ramen, the Japanese noodle soup that's meant to be slurped, almost anywhere in the U.S. these days. Ramen shops continue to pop up, and you can find renditions on the menus of restaurants and gastropubs.<p>But there's a truly funky noodle spot in Cambridge called <a href="http://www.yumewokatare.com/">Yume Wo Katare</a> that serves more than just ramen.<p>There aren't many restaurants where you get praised by everyone around you for clearing your plate or bowl. Fri, 25 Jul 2014 20:45:00 +0000 editor 45415 at http://ktep.org Can Finishing A Big Bowl Of Ramen Make Dreams Come True? Key Chain Blood-Alcohol Testing May Make Quantified Drinking Easy http://ktep.org/post/keychain-breathalyzers-may-make-quantified-drinking-easy While testing whether a <a href="seamus.npr.org/blogs/thesalt/2014/07/02/327854051/alcohol-test-can-you-control-your-intoxication-by-eating-yeast">dash of yeast</a> could keep you from getting drunk, we discovered that it's pretty entertaining — and revealing — to track your blood alcohol while drinking.<p>Using a device to test blood-alcohol levels, we watched the alcohol in our bodies soar as we drank two beers on empty stomachs. Fri, 25 Jul 2014 20:44:00 +0000 Eliza Barclay 45426 at http://ktep.org Key Chain Blood-Alcohol Testing May Make Quantified Drinking Easy When Do Chefs And Doctors Buy Generic? http://ktep.org/post/when-do-chefs-and-doctors-buy-generic Pharmacists and doctors are more likely than the general public to buy generic medicine, as <a href="http://www.npr.org/blogs/money/2013/07/05/198504001/why-doesnt-everybody-buy-cheap-generic-headache-medicine" target="_blank">we reported</a> last year. Fri, 25 Jul 2014 15:00:00 +0000 editor 45405 at http://ktep.org When Do Chefs And Doctors Buy Generic? At Jaguars' New Stadium, Come For The Football Or The Swimming http://ktep.org/post/jaguars-new-stadium-come-football-or-swimming In Jacksonville, Fla., on Saturday, the Jaguars football team will unveil what it's calling the world's largest video display at a stadium. The team also has added luxury cabanas, where fans can watch the game poolside — improvements that are designed to get the beleaguered team's fans off their couches and into the stadium.<p>When team officials announced they were adding swimming pools to the stadium, some dismissed it as a gimmick. Fri, 25 Jul 2014 11:13:00 +0000 editor 45381 at http://ktep.org At Jaguars' New Stadium, Come For The Football Or The Swimming PETA Offers To Pay Detroit Residents' Water Bills If They Go Vegan http://ktep.org/post/peta-offers-pay-detroit-residents-water-bills-if-they-go-vegan <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=PETA+Offers+To+Pay+Detroit+Residents%27+Water+Bills+If+They+Go+Vegan&utme=8(APIKey)9(MDA4MzM1ODU4MDEzMTg5NjcxOTBkZGJhOA004)"/></div><p> Fri, 25 Jul 2014 11:09:00 +0000 editor 45388 at http://ktep.org All Of The Major U.S. Airlines Report Strong 2nd-Quarter Earnings http://ktep.org/post/all-major-us-airlines-report-strong-2nd-quarter-earnings <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=All+Of+The+Major+U.S.+Airlines+Report+Strong+2nd-Quarter+Earnings&utme=8(APIKey)9(MDAxODc1ODA5MDEyMjg1MDYxNTFiZTgwZg004)"/></div><p>Transcript <p>STEVE INSKEEP, HOST: <p>Airlines in the United States are making money again. American, United and Southwest all reported record-setting second quarter results yesterday. Delta reported strong earnings earlier in the week. Fri, 25 Jul 2014 11:09:00 +0000 John Ydstie 45391 at http://ktep.org Amazon Reports $126 Million Quarterly Loss http://ktep.org/post/amazon-reports-126-million-second-quarter-loss <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=Amazon+Reports+%24126+Million+Quarterly+Loss&utme=8(APIKey)9(MDA5NjA1MTgyMDEzMzk3ODE2ODgwOGQyMQ004)"/></div><p>Transcript <p>RENEE MONTAGNE, HOST: <p>Yesterday, Amazon reported a $126 million loss in its second quarter and warned that sales could slow. The losses were nearly double what the company had forecast. Fri, 25 Jul 2014 11:09:00 +0000 editor 45392 at http://ktep.org Self-Published Authors Make A Living — And Sometimes A Fortune http://ktep.org/post/unknown-authors-make-living-self-publishing Five years ago, printing your own book was stigmatized and was seen as a mark of failure.<p>"But now," says Dana Beth Weinberg, a sociologist at Queens College who is studying the industry, "the self-published authors walk into the room, and they say, oh, well, 'I made a quarter million dollars last year, or $100,000, or made $10,000.' And it is still more than what some of these authors are making with their very prestigious contracts."<p>Weinberg says there is still a strong financial case to be made for publishing books the old-fashioned way, but there are now many well-known independent au Fri, 25 Jul 2014 11:09:00 +0000 editor 45380 at http://ktep.org Self-Published Authors Make A Living — And Sometimes A Fortune The Weird, Underappreciated World Of Plastic Packaging http://ktep.org/post/weird-underappreciated-world-plastic-packaging Like it or not, plastic packaging has become an ingrained part of the food system.<p>While it's clearly wasteful to buy salad, sandwiches and chips encased in plastic and then promptly throw that plastic away, we take for granted how it keeps so much of what we eat fresh and portable.<p>And behind many of those packages that allow us to eat on the go or savor perishable cookies or fish imported from the other side of the globe is a whole lot of science and innovation.<p>The plastic revolution in food packaging began in the 1960s, says Aaron Brody, a food packaging consultant and an adjunct pro Thu, 24 Jul 2014 21:30:00 +0000 editor 45360 at http://ktep.org The Weird, Underappreciated World Of Plastic Packaging Labor Conflict May Lock Out Met Opera Workers http://ktep.org/post/labor-conflict-may-lock-out-met-opera-workers The clock is ticking for the Metropolitan Opera in New York. The world's largest opera company may be headed for a shutdown. Most of the union contracts for the Met expire in a week. Yesterday, Met General Manager Peter Gelb sent a letter to the unions, warning them to prepare for a lockout if they don't come to terms.<p>For months now, the company and its unions have been at an impasse. Management has proposed cutting 16 percent of union members' compensation. Thu, 24 Jul 2014 20:25:00 +0000 Jeff Lunden 45358 at http://ktep.org Labor Conflict May Lock Out Met Opera Workers 4 Theories About Why Wal-Mart Changed Its U.S. Chief http://ktep.org/post/four-theories-about-why-wal-mart-changed-its-us-chief Bill Simon, head of Wal-Mart's U.S. division, <a href="http://news.walmart.com/news-archive/2014/07/24/walmart-names-greg-foran-president-and-ceo-of-walmart-us">is leaving</a> the retail giant, the company said Thursday.<p>Any major shake-up at Wal-Mart is closely watched because the company is so important — it tops the Fortune 500 list with annual sales approaching a half-trillion dollars. So lots of people are speculating about what Simon's departure really means. Thu, 24 Jul 2014 19:33:00 +0000 Marilyn Geewax 45345 at http://ktep.org 4 Theories About Why Wal-Mart Changed Its U.S. Chief Book News: Amazon Exec Says Hachette Is Using Authors 'As Human Shields' http://ktep.org/post/book-news-amazon-exec-says-hachette-using-authors-human-shields <em>The daily lowdown on books, publishing, and the occasional author behaving badly.</em><p><ul><p><li>Amid the ongoing dispute between Hachette and Amazon, Amazon executive Russ Grandinetti has proposed paying Hachette authors normal royalties while donating the e-book profits to charity, according to <em>Publishers Weekly. </em>Amazon's removal of the pre-order button on Hachette titles has been one of its most lethal weapons in the dispute, though it has raised the ire of authors. Thu, 24 Jul 2014 12:19:00 +0000 Annalisa Quinn 45310 at http://ktep.org Rural Startups, Often Overlooked, Are The Focus Of New Investment Programs http://ktep.org/post/rural-startups-often-overlooked-are-focus-new-investment-programs <div class="fullattribution">Copyright 2014 North Country Public Radio. To see more, visit <a href="http://www.northcountrypublicradio.org/">http://www.northcountrypublicradio.org/</a>.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=Rural+Startups%2C+Often+Overlooked%2C+Are+The+Focus+Of+New+Investment+Programs&utme=8(APIKey)9(MDA5NjA1MTgyMDEzMzk3ODE2ODgwOGQyMQ004)"/></div><p>Transcript <p>STEVE INSKEEP, HOST: <p>President Obama's administration is hosting a conference today designed to convince more investors to back startups and entrepreneurs in rural America. Thu, 24 Jul 2014 11:39:00 +0000 editor 45309 at http://ktep.org