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12:12 pm
Mon April 8, 2013

The 'Alchemists' Who Control The Purse Strings Of The Economy

Originally published on Mon April 8, 2013 1:03 pm

As the U.S. economy struggles to recover from the financial crash, and Europe is buffeted by a series of banking crises, attention has focused on the presidents and prime ministers who've tried to cope with it all. Journalist Neil Irwin, an economics writer for The Washington Post, says there's an elite group of policymakers who can make enormously important decisions on their own, often deliberating in secret, and in many ways unaccountable to voters.

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The Two-Way
10:05 am
Mon April 8, 2013

Complaints Soar, But Airlines' Quality Rating Stays High

Originally published on Tue April 9, 2013 7:07 am

In what would seem to be a contradiction, a respected study says that the quality of service provided by U.S. airlines remained near an all-time high last year even as passengers' complaints soared 22 percent.

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Race
9:54 am
Mon April 8, 2013

From Dishwashers To Head Chefs

Originally published on Mon April 8, 2013 12:52 pm

Chef John Besh wanted to help minorities in the New Orleans restaurant industry move up the ladder in the city's top kitchens. So he co-founded Chefs Move, which provides scholarships to students for culinary school and career opportunities.

Business
5:31 am
Mon April 8, 2013

Target Apologizes For Poor Choice Of Words

Originally published on Mon April 8, 2013 8:09 am

Transcript

DAVID GREENE, HOST:

Good morning, I'm David Greene.

Target has apologized for a poor choice of words. Susan Clemens was looking at a grey dress on the company's Web site, when she noticed how the color described. Regular sizes were Dark Heather Gray. Plus sizes, in the exact color, became Manatee Gray. Manatees are walrus-like animals. They're also known as sea cows. Clemens tweeted her disgust and it went viral. The company says from now on they're just going to go with gray.

It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

Business
4:26 am
Mon April 8, 2013

South Sudan Resumes Oil Production

Originally published on Mon April 8, 2013 8:09 am

After a 15-month hiatus, the world's newest nation is pumping oil again. It's a key step toward mending relations with Sudan, its former civil war foe. And it's a crucial step if South Sudan is to avoid economic collapse.

Business
3:01 am
Mon April 8, 2013

Business News

Originally published on Mon April 8, 2013 8:09 am

Earlier this year, all 787 Dreamliners were grounded after overheating issues caused by its batteries led to electrical failures in two separate incidents. Boeing is analyzing flight data and submitting materials to the Federal Aviation Administration.

NPR Story
2:48 am
Mon April 8, 2013

The Last Word In Business

Originally published on Mon April 8, 2013 8:09 am

Lilly Pulitzer married into the famous Pulitzer media family but her own fame came from her line of screaming pink, lime and fluorescent yellow shift dresses.

The Salt
1:20 am
Mon April 8, 2013

Vermont Finds High-Tech Ways To Sap More Money From Maple Trees

Originally published on Wed April 10, 2013 2:35 pm

In Vermont, maple syrup is growing jobs and allowing farmers to make a profit.

When most people imagine maple syrup production, they think of buckets hanging from trees collecting sap. But these days, most of that sap is collected by pipeline and vacuum pumps.

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Business
1:19 am
Mon April 8, 2013

What Drives Us? Car Sharing Reflects Cultural Shift

Credit Chip Somodevilla / Getty Images
Car2Go vehicles lined up in Washington, D.C., as the company prepared to launch service there last year. The car sharing service is also in Europe and other American cities, including Seattle; Austin, Texas; Miami; and Portland, Ore.

Originally published on Mon April 8, 2013 8:09 am

As car sharing continues to gain traction among American drivers, Car2Go is one company benefiting from the changing way we use cars.

Seattleite David Stewart doesn't own a car. Instead, the managing partner of a small social media company relies on Car2Go for getting around.

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The Two-Way
3:46 pm
Sun April 7, 2013

Broadcasters Struggle To Tap Into The "Zero TV" Crowd

Originally published on Mon April 8, 2013 6:39 am

Broadcasters will convene this week in Las Vegas to discuss how to win back the "Zero TV Crowd": a rapidly growing demographic of people who don't subscribe to cable or satellite TV services.

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Business
4:53 am
Sat April 6, 2013

What Does Amazon's Purchase Of Goodreads Mean For Book Industry?

Originally published on Sun April 7, 2013 9:08 am

Transcript

SCOTT SIMON, HOST:

Late last week, Amazon, which features reader reviews on its sales website, announced that it's buying Goodreads, a hugely popular reader review site. Now, the announcement jarred a lot of Goodreads fans and upset lots of reader-reviewers and authors too. Greg Bensinger has been covering the story for the Wall Street Journal. He joins us from KQED in San Francisco. Thanks so much for being with us.

GREG BENSINGER: My pleasure, hello.

SIMON: Why did Amazon want to inhale Goodreads so much?

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Economy
4:53 am
Sat April 6, 2013

Long-Term Unemployed Prepare For Sequester Pinch

Credit Mark Lennihan / AP
A crowd of jobseekers attends a health care job fair on Thursday in New York.

Originally published on Sun April 7, 2013 9:08 am

Almost 5 million Americans are considered long-term unemployed, meaning they have been searching for work for at least six months.

This week, their plight is getting a bit tougher as the government cuts their unemployment benefits — part of the automatic reductions in federal spending that took effect recently.

On a recent day, about 40 people turned out at a Manhattan jobs center run by the New York Labor Department to get advice on looking for work. These are all people who have been out of work for at least 27 weeks.

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Economy
1:58 pm
Fri April 5, 2013

Although Unemployment Dropped In March, Job Growth Slowed

Originally published on Fri April 5, 2013 4:04 pm

The March unemployment report disappointed analysts with very weak job growth, and perhaps more significantly, a huge drop out in the labor force.

Business
1:58 pm
Fri April 5, 2013

Despite Sequester, Aviation Companies Expand In North Carolina

Originally published on Fri April 5, 2013 4:04 pm

The forced budget cuts known as the "sequester" have not yet started to trickle down to the local level. But that hasn't stopped politicians from talking about what those cuts will mean. But business leaders in a city with strong aviation ties aren't looking at only the conversations in Washington as they plan their futures.

Business
1:58 pm
Fri April 5, 2013

Investigation Finds Wealth Of Information On Tax Evaders

Originally published on Fri April 5, 2013 4:04 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

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Economy
1:58 pm
Fri April 5, 2013

California's Unemployment Stuck High As National Average Dips

Originally published on Fri April 5, 2013 4:04 pm

California's economy is a study in contrasts. The state's unemployment rate — 9.8 percent — is tied with Rhode Island for the highest in the country. Parts of the state are still suffering mightily from the housing collapse. But there are also large pockets of job growth and revival.

Economy
12:43 pm
Fri April 5, 2013

Honda's Growth Helps Tow Ohio Out Of Recession

Originally published on Fri April 5, 2013 4:04 pm

Honda is moving its North American headquarters from California to Ohio. That's just the latest bit of good news for the Buckeye State and Honda, whose fortunes have been closely tied for decades now.

Honda has been an economic heavyweight here since it was lured to central Ohio in the 1970s. The company's footprint is big, and it continues to increase.

Honda's sprawling Marysville Auto Plant opened outside Columbus in 1982. Since then, it has grown to nearly 4 million square feet and now sits on a campus of 8,000 acres.

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Planet Money
11:23 am
Fri April 5, 2013

The Jobs Report Puzzle

Credit Lam Thuy Vo / NPR

Lots of people are surely looking at today's jobs headlines somewhat puzzled, asking one significant question: How can it be that hiring was much worse than expected in March and the unemployment rate still fell — to 7.6 percent?

The answer isn't a happy one. There are a couple of ways the unemployment rate can fall.

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Economy
10:22 am
Fri April 5, 2013

Jobs Report: 'Ouch!'

Originally published on Fri April 5, 2013 11:01 am

Millions of Americans are still out of work, and they're getting hit even harder as unemployment benefits continue to dry up. Host Michel Martin speaks with NPR Senior Business Editor Marilyn Geewax about why benefits are being reduced. Mike Rivas has exhausted his unemployment benefits, and joins the conversation to talk about how he's getting by.

Economy
8:43 am
Fri April 5, 2013

U.S. Job Growth Slows As Jobless Face Benefit Cuts

Originally published on Sat April 6, 2013 2:55 pm

The 11.7 million Americans searching for work got discouraging news Friday morning when the Labor Department said employers created only 88,000 jobs in March. The weak job growth comes at the same time benefits for the long-term unemployed are shrinking.

The smaller-than-expected increase in payrolls was a big disappointment, coming after a long stretch of much better results. Over the past year, employment growth has averaged 169,000 jobs a month.

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The Two-Way
6:58 am
Fri April 5, 2013

Job Growth Slows Sharply, But Unemployment Rate Dips

Credit Mario Tama / Getty Images
Li-Wen Hung (left) and Whitney Chen were waiting to meet potential employers at a Manhattan job fair earlier this year.

Originally published on Fri April 5, 2013 11:44 am

  • From 'Morning Edition': NPR's Yuki Noguchi talks with David Greene about the latest employment report

There were just 88,000 jobs added to private and public payrolls in March, the Bureau of Labor Statistics estimates.

But the nation's jobless rate still edged down to 7.6 percent from 7.7 percent. That dip wasn't for a good reason, though: Nearly half a million fewer people were participating in the labor force. That smaller pool meant the jobless rate could tick down even as job growth was weak.

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The Two-Way
4:43 am
Fri April 5, 2013

'Slow And Steady' Jobs Report Expected

Credit Joe Raedle / Getty Images

Originally published on Fri April 5, 2013 6:55 am

  • From 'Morning Edition': Yuki Noguchi talks with David Greene

Update at 8:41 a.m. ET.: Job Growth Slows Sharply, But Unemployment Rate Dips

Although economists had been expecting to hear that the U.S. economy added 200,000 jobs in March, the news is out and the number is far less. Just 88,000 jobs were added to private and public payrolls, the Labor Department reports. The jobless rate still edged down to 7.6 percent — but only because nearly half a million fewer people were in the labor force.

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Business
4:22 am
Fri April 5, 2013

The Ups And Downs Of Cyber Currency Bitcoin

Originally published on Fri April 5, 2013 5:30 am

Bitcoin is a virtual currency that's traded online. It's been on a wild ride lately, soaring in value during the Cyprus banking crisis. And this week, the price plummeted after a Bitcoin trading exchange was hacked.

Business
2:31 am
Fri April 5, 2013

Business News

Originally published on Fri April 5, 2013 5:30 am

The computer maker's chairman Ray Lane has stepped down as executive chairman. He's been on thin ice with shareholders after his role in acquiring a business software company ended up hurting HP's bottom line.

Business
2:31 am
Fri April 5, 2013

The Last Word In Business

Originally published on Fri April 5, 2013 5:30 am

The late rapper's songs often talked about growing up in a rough neighborhood. But it's not rough anymore.The neighborhood has changed quite a bit. Plus the apartment has been remodeled.

Economy
2:31 am
Fri April 5, 2013

Jobless Date In March: Like A Lamb Or Lion?

Originally published on Fri April 5, 2013 10:31 am

The Labor Department on Friday reported the nation's unemployment rate inched down to 7.6 percent in March, the lowest rate in four years, mainly due to more people stopping their search for work. In February, the job rate was 7.7 percent.

Business
2:31 am
Fri April 5, 2013

Colorado Farmers Scramble To Find Irrigation Water

Originally published on Fri April 5, 2013 5:30 am

Cities have gobbled up water rights for decades, leaving farmers to rent the water back to irrigate crops and raise cattle. During a drought, cities are reluctant to give up any of their reserves. With little irrigation water, farmers must plant less, hire fewer people and bank on crop insurance.

Law
2:31 am
Fri April 5, 2013

Enron's Skilling Could Win Early Release From Prison

Originally published on Fri April 5, 2013 5:30 am

Former Enron CEO Jeffery Skilling could be released early from federal prison under a reduced sentencing agreement being considered at the Justice Department. Skilling was sentenced to 24 years in prison for his role in the energy trading giant's collapse

Media
1:17 am
Fri April 5, 2013

Pushing Traditional Limits, Vice Smacks Of Contradictions

Originally published on Fri April 5, 2013 1:17 pm

How did Dennis Rodman end up having dinner with Kim Jong Un in North Korea? It was the idea of Vice Media, which has grown from a counterculture magazine into a full-fledged youth media conglomerate.

Friday night, it premieres a documentary series on HBO, a kind of coming-out moment into the mainstream.

'I Wish We Were Weirder'

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The Salt
4:35 pm
Thu April 4, 2013

NYC's Fast Food Workers Strike, Demand 'Living Wages'

Credit Mary Altaffer / AP
Demonstrators from the Fast Food Forward rally protest Thursday outside a Wendy's restaurant in New York City.

Originally published on Thu April 4, 2013 6:20 pm

Fast-food restaurants were a little bit slower Thursday in New York City. Hundreds of workers staged a one-day strike in what organizers are calling the biggest job action ever in that industry. It's a growing segment of the economy, but workers complain that fast-food jobs don't pay enough to survive in New York City.

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