Business & Education

The Two-Way
9:06 am
Thu July 2, 2015

BP To Pay $18.7 Billion To Settle Gulf Coast Oil Spill Claims

The Deepwater Horizon oil rig explosion on April 20, 2010, killed 11 people and resulted in the nation's largest offshore oil spill.
Gerald Herbert AP

Originally published on Thu July 2, 2015 11:31 am

BP on Thursday announced an $18.7 billion settlement with the U.S. government, five Gulf Coast states and more than 400 local governments. The agreement comes five years after the Deepwater Horizon rig explosion spewed millions of gallons of oil into the Gulf of Mexico.

Eleven workers were killed in the accident.

The company says the payments, to be made over the next 18 years, "settle all state and local claims arising from the event."

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The Two-Way
8:25 am
Thu July 2, 2015

Unemployment Rate Falls To 5.3 Percent, But For The Wrong Reason

Bianca Medici (left), a corporate recruiter for CDM Media, speaks with job applicants during a Chicago job fair in May. The economy added 223,000 jobs in June, and unemployment fell to its lowest rate since 2008.
M. Spencer Green AP

Originally published on Thu July 2, 2015 12:46 pm

The U.S. economy keeps adding jobs at a steady pace, but the Labor Department report for June also shows more people are leaving the labor force and wages are not rising.

The economy added 223,000 jobs last month as unemployment fell to its lowest rate since 2008, the Labor Department said Thursday. The jobless rate dipped to 5.3 percent from 5.5 percent in May.

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Business
5:42 am
Thu July 2, 2015

Designer Donna Karan Steps Down To Focus On Philanthropy

Originally published on Thu July 2, 2015 6:32 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

U.S.
4:08 am
Thu July 2, 2015

Georgia Leads A Push To Help Ex-Prisoners Get Jobs

Originally published on Thu July 2, 2015 6:32 am

In the 1990s, states went on a prison-building binge. Today, millions who spent time in those prisons are back in society — and many are struggling to find work.

Jay Neal is in charge of Georgia's new office of re-entry. Its purpose is clear: "Helping Georgia's returning citizens find training, assisting Georgia's returning citizens find jobs," he reads off the website.

Returning citizens is America's new term for ex-prisoners, ex-cons and former inmates.

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NPR Story
4:08 am
Thu July 2, 2015

Justice Department Investigates Airlines For Possible Price Collusion

Originally published on Thu July 2, 2015 2:42 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Business
4:08 am
Thu July 2, 2015

Nike's Phil Knight, 77, To Step Down As Chairman

Originally published on Thu July 2, 2015 11:06 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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LINDA WERTHEIMER, HOST:

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Economy
4:08 am
Thu July 2, 2015

Puerto Ricans Fear Troubled Economy Will Inflict Real Pain

Originally published on Thu July 2, 2015 2:44 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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RENEE MONTAGNE, HOST:

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Economy
1:22 am
Thu July 2, 2015

Jobs Report Expected To Show 'Stronger Momentum' In Economy

Originally published on Thu July 2, 2015 7:16 am

Economists surveyed by Reuters are predicting that employers added about 230,000 jobs to their payrolls in June. That's less than the month before but still a pretty strong showing.

Because of the Independence Day holiday, the unemployment report is being released on Thursday at 8:30 a.m. ET. It is normally issued on a Friday.

The U.S. economy slowed a lot over the winter, but as the weather has improved so has the job market. On Wednesday, the payroll processing company ADP said private employers added about 237,000 jobs in June — the biggest gain since December.

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Business
5:00 pm
Wed July 1, 2015

The Economics Of Airline Baggage Check; To Pay Or Not To Pay

Originally published on Wed July 1, 2015 5:22 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Sports
5:00 pm
Wed July 1, 2015

As The NBA's Free Agency Period Begins, LeBron James Has All The Power

Originally published on Wed July 1, 2015 5:22 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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RACHEL MARTIN, HOST:

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Business
5:00 pm
Wed July 1, 2015

Justice Department Investigates Possible Collusion In U.S. Airline Industry

Originally published on Thu July 2, 2015 8:33 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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ROBERT SIEGEL, HOST:

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Shots - Health News
3:58 pm
Wed July 1, 2015

Industry Payments To Doctors Are Ingrained, Federal Data Show

Originally published on Thu July 2, 2015 2:54 pm

Few days went by last year when New Hampshire nephrologist Ana Stankovic didn't receive a payment from a drug company.

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The Two-Way
3:57 pm
Wed July 1, 2015

Justice Department Investigating Airlines For Possible Price Collusion

Originally published on Wed July 1, 2015 4:46 pm

The Justice Department says it is investigating "possible unlawful coordination" by several major airline carriers. American, Delta, Southwest and United Airlines have all confirmed receiving letters from the Justice Department.

In a statement, American said the department "seeks documents and information from the last two years that are related to statements and decisions about airline capacity."

A United spokesman said the company is complying fully in regard to the probe.

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Business
3:39 pm
Wed July 1, 2015

Frontier Airlines Exit Leaves Delaware Without Commercial Flights

Originally published on Wed July 1, 2015 5:22 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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RACHEL MARTIN, HOST:

If you want to fly in or out of Delaware, good luck, unless you have your own plane or the cash to charter one.

ROBERT SIEGEL, HOST:

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The Two-Way
6:17 am
Wed July 1, 2015

Toyota's Top Female Executive Resigns After Arrest

Toyota Motor Corp's Managing Officer and Chief Communications Officer Julie Hamp speaks to media during a news conference in Nagoya, central Japan, in this photo released by Kyodo on June 18.
Kyodo Reuters/Landov

Originally published on Wed July 1, 2015 9:05 am

Julie Hamp, Toyota Motor Corp.'s first senior female executive who was appointed head of public relations just weeks ago, has resigned after her arrest for allegedly importing the prescription painkiller oxycodone in violation of the country's narcotics laws.

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