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.
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.
Credit 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.
Originally published on Thu October 3, 2013 1:23 pm
The Army rejected him because of his bad eyes — he was nearsighted — but Tom Clancy, who went into the family insurance business instead of the military, turned out to have the greatest vision of modern warfare of any writer of our time. His research into military history and technology led him to create a new form of thriller, and a hero for our time, a man named Jack Ryan whose talents as a spy and technowarrior put a name and a face to the people who battled Russians, Pakistanis, Irish nationalists and Islamists along a constantly shifting front line.
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.
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.
Originally published on Thu October 3, 2013 12:07 pm
Newly formed Tropical Storm Karen, which could reach hurricane strength by Friday, is expected to make landfall on the U.S. Gulf Coast sometime over the weekend.
The National Hurricane Center in Miami says the late-season storm formed Thursday morning about 485 miles south of the Mississippi Delta, with maximum sustained winds of 65 mph. It was moving north-northwest at 12 mph, but was expected to speed up.
Forecasters say it will make landfall in the U.S. either Saturday or Sunday.
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.
Scandal returns Thursday night on ABC after two seasons of delicious, ridiculous, addictive total nonsense that made it a pop-culture preoccupation. (OK, obsession. But hey, we can quit any time we want.)
First there was the attention paid on Tuesday when a group of WWII veterans (with some help from Republican members of Congress and their staffs) ignored barricades and went through with their long-planned visit to the site.
Musicians have a long history of turning tragedy into art. From Neil Young's stirring indictment against the shooting of Kent State students in the 1970 song "Ohio," to the countless tributes and musical memorials to 9-11, artists often feel a need to make sense of the senseless and offer comfort through song.
Originally published on Thu October 3, 2013 6:16 am
Good morning, fellow political junkies. As we enter Day 3 of the federal government shutdown, the impasse appears no closer to a solution. Nothing like a way forward seemed to come from President Obama's White House meeting Wednesday evening with congressional leaders.
But, then, we didn't expect much from it since the president's people said he wouldn't be negotiating.
Good morning. I'm Renee Montagne. Marina Shifrin became an Internet sensation this week when she danced her way out of the office to Kanye West's hit song "Gone." Captions detailed her grievances, like long hours. Her former company, in Taiwan, makes animated videos, so naturally it responded in kind to "The Quitting Dance."
"A ship carrying African migrants to Europe caught fire and capsized off the Italian island of Lampedusa on Thursday, killing at least 94 people as it spilled hundreds of passengers into the sea, officials said. Over 150 people were rescued but some 200 others were still unaccounted-for."
The U.S. dollar remains strong, having weathered an economic meltdown, a government shutdown and the stomach of a dog. Wayne Klinkel of Montana was on vacation with his wife. They left the dog in a car when they stopped at a restaurant and returned to find the dog, Sundance, had eaten five $100 bills. Mr. Klinkel's family collected pieces of money as they emerged and sent them to the U.S. Treasury, which has now reimbursed him.
He's a socially inept scientist who's tone deaf to irony. She's an edgy young woman whose fallback mode is sarcasm. Put them together, and hilarity ensues in Australian IT consultant Graeme Simsion's first novel, The Rosie Project. It's an utterly winning screwball comedy about a brilliant, emotionally challenged geneticist who's determined to find a suitable wife with the help of a carefully designed questionnaire, and the patently unsuitable woman who keeps distracting him from his search.
Originally published on Fri October 4, 2013 8:55 am
Richard Rodriguez begins his latest book, Darling, with an unfussy dedication to the Sisters of Mercy of the Americas, a Catholic women's group committed to helping the sick and destitute. This Baptism, if you will, is the first and surely the most straightforward indication within the book that Rodriguez intends to delve into his complex relationship with religion. The path that lies beyond that dedication is weird and wonderful, and readers will find that it's far from a direct route.
A gate leading into the Joshua Tree National Park California is latched (though not locked) because of the partial government shutdown. Though national parks are technically closed, <a href="http://www.npr.org/2013/10/03/228719015/national-parks-close-as-other-public-lands-stay-open">national forests remain open</a> — they're too large to close.
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.
Abbey Whetzel has a 12-year-old son named Sam who has been at the National Institutes of Health Clinical Center in Maryland for over a month. He has leukemia that is no longer treatable. And in this difficult time, one source of joy has been the therapy dogs that come to visit the sick kids.
"They can only come once a week, but it's the highlight of Sam's week," says Whetzel. But this week, she says, her son got some bad news. "They came and stopped in, and told Sam that the therapy dog wouldn't be coming because of the government shutdown."
All right. The partial government shutdown could take an especially painful toll on American veterans. The most serious consequences will not come unless the shutdown continues for weeks. Those consequences would include cutting off disability and education benefits. Politicians on both sides have scrambled to show their support for vets, but as NPR's Quil Lawrence reports, veterans applying for new benefits may already be suffering.
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.