The Senate Agriculture Committee met Wednesday afternoon to hear testimony about the acquisition of Smithfield Foods by a Chinese company. Smithfield CEO Larry Pope tried to defend the proposed deal, but most committee members made their opposition clear.
Originally published on Fri July 12, 2013 11:56 am
We have to confess: When we heard that Twinkies will have nearly double the shelf life, 45 days, when they return to stores next week, our first reaction was — days? Not years?
Urban legend has long deemed Twinkies the cockroaches of the snack food world, a treat that can survive for decades, what humanity would have left to eat come the apocalypse. The true shelf life — which used to be 26 days — seems somewhat less impressive by comparison.
The Federal Reserve must ensure the U.S. job market is in full health before it begins to ease its aggressive bond-purchasing program, its top officials said at the Fed's latest policy meeting. This afternoon, the central bank released the minutes of the Federal Open Market Committee meeting of June 18 and 19.
In that session, the officials cited a moderate pace of economic expansion, but said it was coupled with an unemployment rate that remains high.
Americans will get the same ham slabs and bacon slices they have enjoyed for generations, even after Smithfield Foods becomes a Chinese subsidiary, Smithfield CEO Larry Pope told Congress on Wednesday.
Rebecca Khatun, a worker at Rana Plaza, lies in a hospital bed. She lost her left leg and right foot in the collapse, which also killed five members of her family. Khatun received $120 and free medical care for her loss -- compensation she says won't be enough for what she's been through.
Credit Julie McCarthy/NPR
The gap between the buildings is where the Rana Plaza stood until a few months ago. More than 1,000 people were killed when the building collapsed April 24. It was the worst disaster in the garment industry's history.
Credit Julie McCarthy/NPR
Rojina Akter was also hurt in the collapse. The 23-year-old earned $65 a month as a sewer's assistant. "We are poor," she says. "We work to live." She says the government should have overseen the construction of the building.
Utah's oldest Internet service provider, XMission, has refused to give up customer information to law enforcement, reports The Salt Lake Tribune.Specifically, the company says it won't comply with administrative subpoenas.
NPR's business news begins with China's grim trade outlook.
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GREENE: Numbers from the month of June offered more evidence that the world's second-biggest economy might be losing steam. Exports from China fell by more than 3 percent from a year earlier. Imports were down, as well, by almost a percent.
Egypt's political future will largely depend on its economy, and its economic future will largely depend on help from other countries. To talk more about this, we reached Mohsin Khan. He's a senior fellow at the Rafik Hariri Center on the Middle East at the Atlantic Council. He's also the former Director of the Middle East Department at the International Monetary Fund. Good morning.
MOHSIN KHAN: Good morning.
MONTAGNE: What are Egypt's most immediate economic needs?
Much of the training for pilots for major airlines is conducted on sophisticated flight simulators, like this Boeing 787 simulator operated by an All Nippon Airways captain. Pilots are also trained to communicate clearly about problems they may encounter in flight.
Credit Yoshikazu Tsuno / AFP/Getty Images
Simulators mimic the full movement of a plane during takeoff, flight and landing. They're also used to prepare pilots for problems like engine fires and aborted takeoffs.
Investigators are continuing to examine the training and experience of the cockpit crew of the Asiana flight that crashed Saturday in San Francisco. The pilot at the controls had nearly 10,000 hours of experience flying large jets, but only 43 hours in that particular plane, a Boeing 777. Saturday was also the pilot's first 777 landing at San Francisco International.
Pilots transition from flying one airplane model to another all the time; it's a regular part of the job as airlines add new aircraft and pilots fly new routes or get promotions to piloting bigger jets.