Business & Education

Business
2:22 am
Thu February 6, 2014

Amtrak Fights Big Oil For Use Of The Rails

Amtrak trains on the Empire Builder route, which stops in Williston, N.D., have been facing long delays.
Shannon Stapleton Reuters/Landov

Originally published on Thu February 6, 2014 11:03 am

Oil business in North Dakota is creating some big headaches for Amtrak travelers. Trains on the popular Empire Builder route between Chicago and the Pacific Northwest are often delayed for hours.

One reason for the congestion is an influx of trains hauling crude oil across the Northern Plains.

The delays are becoming so bad that a passenger group now wants the U.S. transportation secretary to intervene.

Frozen Before Ice Fishing

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The Two-Way
4:34 pm
Wed February 5, 2014

Antitrust Settlement With EU Calls For Google To Tweak Results

European Commission

Part of an antitrust agreement with the European Union regulators, Google has agreed to tweak its search results in Europe.

The search giant has agreed that when a user searches for a product, for example, the search results of its rivals — Amazon, let's say — will be displayed along with those of advertisers paying Google for prominent space.

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All Tech Considered
3:44 pm
Wed February 5, 2014

What Bill Gates' New Role Could Mean For Microsoft

As Satya Nadella becomes the new CEO of Microsoft, company founder Bill Gates is moving from chairman to "technology adviser."
Bebeto Matthews AP

Originally published on Wed February 5, 2014 9:23 pm

Microsoft co-founder Bill Gates is stepping down as chairman of its board and into a new role, which the company is calling "technology adviser." The change comes as a new CEO — Satya Nadella — takes the helm. Gates says he will actually be spending a little more time at Microsoft. Microsoft watchers say if he manages his new role well, it will be good for the company.

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Business
3:44 pm
Wed February 5, 2014

For CVS CEO, Tobacco Decision Reflects Health Care Priorities

Originally published on Wed February 5, 2014 9:23 pm

CVS CEO and President Larry Merlo joins Audie Cornish to discuss his company's big decision to eventually discontinue its sales of tobacco products. The decision didn't simply make headlines on Wednesday; it could also signal a shift in plans for the pharmacy giant's future.

Business
3:44 pm
Wed February 5, 2014

Drug Store Plans To Rid Its Shelves Of Tobacco Products

Originally published on Wed February 5, 2014 9:23 pm

The pharmacy giant CVS plans to eliminate cigarettes and other tobacco products from its stores by October. The company says it made the decision because the drug store business is changing and that selling cigarettes is no longer consistent with its mission. Medical experts and the White House hailed the move. NPR's Yuki Noguchi reports.

The Two-Way
3:28 pm
Wed February 5, 2014

U.S. HVAC Firm Reportedly Linked To Target's Data Security Breach

Hackers who broke into Target's computer network and stole customers' financial and personal data used credentials that were stolen from a heating and air conditioning subcontractor in Pennsylvania, according to digital security journalist Brian Krebs.

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Business
2:38 pm
Wed February 5, 2014

Which Way For Stocks? Investors Watch 'Worry Index' For Clues

Traders work on the floor of the New York Stock Exchange on Tuesday afternoon.
Andrew Burton Getty Images

Originally published on Wed February 5, 2014 4:42 pm

Anyone who invests in the stock market knows share prices can go up — and down. That's why they call it a market.

Still, this year, price movements have been fast and furious — shocking investors and prompting many to fear "volatility."

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Shots - Health News
12:13 pm
Wed February 5, 2014

By Dropping Cigarettes, CVS Gives Its Reputation A Boost

A CVS pharmacy in Orlando, Fla., is one of more than 7,600 stores where the company will stop selling tobacco products by October.
John Raoux AP

Originally published on Thu February 13, 2014 5:24 pm

When drugstore chain CVS said Wednesday that it would stop selling tobacco products by October, the company also told investors that the move would probably cost it $2 billion a year in lost sales.

CVS says it has figured out unspecified ways to help make up for the profits from cigarettes and other tobacco products.

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The Two-Way
7:53 am
Wed February 5, 2014

Employers Added 175,000 Jobs Last Month, Survey Signals

The scene last November at a jobs fair in New York City.
Andrew Burton Getty Images

Originally published on Wed February 5, 2014 11:00 am

The first of two reports this week about how many jobs were added to U.S. payrolls in January indicates that growth was slow but solid.

The ADP National Employment Report estimates that there were 175,000 more jobs in the private sector last month than in December.

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The Two-Way
6:46 am
Wed February 5, 2014

CVS To Stop Selling Tobacco Products

Soon to be gone: Marlboro cigarettes on display at a CVS store in Pittsburgh last July.
Gene J. Puskar AP

Originally published on Tue February 11, 2014 10:43 am

Saying it is "the right thing for us to do for our customers and our company to help people on their path to better health," the CEO of CVS Caremark announced Wednesday that the company's 7,600 pharmacies will stop selling cigarettes and tobacco products by Oct. 1.

Larry Merlo also said CVS will try to help those who want to quit smoking with a "robust national smoking cessation program" at its locations.

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Business
6:44 am
Wed February 5, 2014

CVS Caremark To Clear Shelves Of Tobacco Products

Originally published on Thu March 6, 2014 10:57 am

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION from NPR News. I'm Rene Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

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Business
6:04 am
Wed February 5, 2014

Some Journalists Complain About Sochi's Hotels

Originally published on Wed February 5, 2014 6:19 am

In advance of the opening ceremonies of the Winter Olympics, journalists have been arriving at Sochi area hotels. And they've immediately started complaining on Twitter about shabby or unfinished buildings.

Business
6:04 am
Wed February 5, 2014

Microsoft Picks Insider, Who's An Indian Immigrant, As CEO

Originally published on Wed February 5, 2014 12:08 pm

Microsoft's new CEO Satya Nadella is part of a wave of highly educated Indian immigrants who came to America a generation ago with expectations back home that they would succeed. Nadella has done just that and more, taking the reins of one of the world's top companies.

Business
6:04 am
Wed February 5, 2014

RadioShack Plans To Close 500 Stores

Originally published on Wed February 5, 2014 6:19 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with the restructuring of the Shack.

(SOUNDBITE OF MUSIC)

INSKEEP: RadioShack, that is. The company scored big with its Super Bowl commercial - the '80s themed ad that's being called one of the night's best. But that did not help the company's bottom line. RadioShack stock prices plummeted yesterday after news it plans to close 500 stores across the nation.

Europe
5:11 am
Wed February 5, 2014

Greek Parliament To Review Future Arms Deals

Originally published on Wed February 5, 2014 6:19 am

Transcript

RENEE MONTAGNE, HOST:

Greece has historically spent an outsized amount of its budget on military equipment to protect its border with historic longtime rival, Turkey. Now an investigation into the purchase of submarines suggests that defense might not be the only reason for all that spending. The investigation exposed high-level corruption behind those arms deals.

Joanna Kakissis reports from Athens.

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