Business & Education

The Two-Way
8:24 am
Thu February 13, 2014

Weekly Jobless Claims Rise, As Do Hopes For Better News In Spring

Originally published on Thu February 13, 2014 2:26 pm

There were 339,000 first-time claims filed last week for unemployment benefits, up 8,000 from the week before, according to the Employment and Training Administration.

So this week's takeaway would seem to be a lot like last week's and several before that.

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Business & Education
7:27 am
Thu February 13, 2014

State to Take Over Selma Schools

selmacityschools.org

State Superintendent of Education Tommy Bice says a new leadership team should be in place at the Selma schools by the last week of February.

Bice says state education officials are assembling the team because the state Board of Education voted unanimously to take over the Selma city school system.

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The Two-Way
5:45 am
Thu February 13, 2014

Will Comcast Get Federal OK To Buy Time Warner?

Gene J. Puskar AP

Originally published on Thu February 13, 2014 9:44 am

(We put a new top on this story at 9:25 a.m. ET and added an update at 10:15 a.m. ET.)

As NPR's David Folkenflik pointed out earlier today, Comcast's proposed $45 billion purchase of fellow cable company Time Warner will receive some scrutiny from federal officials. Here's some more about that part of the story:

Politico writes that:

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Business
4:52 am
Thu February 13, 2014

Fed Chief Yellen Testifies Without Market-Moving Mistake

Originally published on Thu February 13, 2014 6:29 am

The new head of the Federal Reserve made her debut this week in a marathon hearing before the House Financial Services Committee. Steve Inskeep talks to David Wessel, director of the Hutchins Center at the Brookings Institution about Janet Yellin's first days as chair of the Fed, and what message she sent to Congress in six hours of testimony.

Business
4:39 am
Thu February 13, 2014

Businesses Hope Weather Doesn't Interfere With Valentine's Day

Originally published on Thu February 13, 2014 6:29 am

The snowstorm is also interfering with Valentine's Day. Mary Beth Reagan, owner of The Flower Pot in Knoxville, Tenn., says that day is very important to business and even a couple of inches of snow could be trouble.

Business
4:39 am
Thu February 13, 2014

Pilot Shortage Forces Republic Airways To Cut Service

Originally published on Thu February 13, 2014 6:29 am

Indianapolis-based Republic Airways has a problem: It can't find enough pilots to fly its planes. And so it plans to take more than two dozen of its jets out of service. Six months ago, the FAA boosted the number of hours it takes to qualify as a commercial pilot, and that has made it difficult for small, regional carriers to get the pilots they need.

Business
4:39 am
Thu February 13, 2014

Cable Deal: Comcast To Buy Time Warner

Originally published on Thu February 13, 2014 6:29 am

Comcast has confirmed it is buying Time Warner. The merger would combine the country's two largest cable companies and likely draw scrutiny from regulators.

The Two-Way
11:22 pm
Wed February 12, 2014

Reports: Comcast To Buy Time Warner

Comcast is expected to announce its acquisition of Time Warner on Thursday, various media outlets report.

Bloomberg, citing "four people familiar with matter," says Comcast will buy the cable company for about $44 billion, "combining the largest two U.S. cable companies in an all-stock deal."

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Shots - Health News
9:25 am
Wed February 12, 2014

The High Cost Of Treating People Hospitalized With West Nile Virus

Small but costly: Dozens of mosquito species carry West Nile virus in the U.S.
Darren McCollester Getty Images

Originally published on Wed February 12, 2014 4:11 pm

Fifteen years ago an unwelcome viral visitor entered the U.S., and we've been paying for it ever since.

The U.S recorded its first case of West Nile virus back in 1999. Since then, the disease has spread across the lower 48 states and cost the country around $800 million, scientists reported this week in the American Journal of Tropical Medicine and Hygiene.

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Food
6:03 am
Wed February 12, 2014

Shanghai Warms Up To A New Cuisine: Chinese Food, American-Style

The majority of patrons at Shanghai's Fortune Cookie restaurant are foreigners, particularly Americans who crave the American-Chinese food they grew up with but can't find in China.
Frank Langfitt NPR

Originally published on Wed February 12, 2014 10:25 am

Imagine living in China and missing Chinese food. It happens. American expatriates who grew up with popular takeout dishes like General Tso's chicken can't find it in China because it essentially doesn't exist here.

Much of the Chinese food we grew up with isn't really Chinese. It's an American version of Chinese food. Chinese immigrants created it over time, adapting recipes with U.S. ingredients to appeal to American palates.

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Business
6:03 am
Wed February 12, 2014

Al Capone's Florida Villa Is Up For Sale

Originally published on Wed February 12, 2014 6:57 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is a real estate offering you can't refuse.

It showcases the 1920s mob life. Al Capone's Florida villa is back on the market. Queue music.

(SOUNDBITE OF SOUNDTRACK FROM THE MOVIE, "THE GODFATHER")

RENEE MONTAGNE, HOST:

The 10,000 square foot waterfront home lets you sleep just near enough to the fishes, but not actually with them.

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Business
6:03 am
Wed February 12, 2014

Virgin America To Go Public

Originally published on Wed February 12, 2014 6:57 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a highflying IPO.

(SOUNDBITE OF MUSIC)

MONTAGNE: Virgin America aims to go public this year after recording its first profits since it was founded 10 years ago. Barclays and Deutsche Bank will co-lead the IPO.

Virgin Airlines is currently backed by billionaire Sir Richard Branson. And it was last year is Conde Nast traveler reader's choice pick for best airline. The IPO is slated for the second half of the year. Transcript provided by NPR, Copyright NPR.

Business
5:15 am
Wed February 12, 2014

Can Underfunded Community Colleges Provide More Job Training?

Originally published on Wed February 12, 2014 6:57 am

Transcript

RENEE MONTAGNE, HOST:

Community college leaders are in Washington this week, pushing for a bigger role in getting more people to enroll in two-year schools. They're also pushing the job training that business and industry say they desperately need.

Still, community colleges are significantly underfunded. And as NPR's Claudio Sanchez reports, it's unclear whether these schools can open their doors to more people or offer programs that are likely to cost a lot more.

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Business
5:13 am
Wed February 12, 2014

U.S. To Ban Commercial Trade Of Elephant Ivory

Originally published on Wed February 12, 2014 6:57 am

Transcript

STEVE INSKEEP, HOST:

We heard elsewhere in our program that conservation experts are meeting in London this week to try to crack down on the trade in illegal wildlife. Here in Washington, the White House announced yesterday new restrictions on the import and sale of African elephant ivory.

NPR's Elizabeth Shogren reports.

ELIZABETH SHOGREN, BYLINE: Elephant ivory goes for $1,500 a pound. Rhino horn is worth its weight in gold - $45,000 a pound. Dan Ashe heads the Federal Fish and Wildlife Service.

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Business
5:07 am
Wed February 12, 2014

CVS Stock Rises Ahead Of Lost Tobacco Sales

Originally published on Wed February 12, 2014 6:57 am

Transcript

STEVE INSKEEP, HOST:

Less than a week after CVS announced its decision to stop selling tobacco products, the company's stock is on the rise. Share prices were up 2.3 percent yesterday, after posting higher-than-expected quarterly profits.

RENEE MONTAGNE, HOST:

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