Business & Education

Business
5:12 pm
Tue February 4, 2014

It's Three's Company Now: Microsoft Names New CEO

Originally published on Tue February 4, 2014 7:00 pm

Satya Nadella is just the third CEO in Microsoft's 39-year history. He's a Microsoft insider tasked with re-energizing the company and making it more relevant in a future likely to be dominated by mobile technology. As Nadella moves into his new role, he will be supported by Bill Gates, who is stepping down as chairman to become more involved with technology development.

Around the Nation
5:12 pm
Tue February 4, 2014

Case Sheds Light On The Murky World Of Asbestos Litigation

Companies have set aside more than $30 billion for victims of mesothelioma, a form of cancer linked to asbestos exposure, since 1980.
iStockphoto

Originally published on Tue February 4, 2014 7:00 pm

This is a case about a bankrupt company, legal shenanigans, and a rare type of cancer.

You may have seen TV commercials about mesothelioma, mainly caused by inhaling asbestos — minerals many companies once used in insulation and other products.

According to a 2011 report from the U.S. Government Accountability Office, companies have set aside more than $30 billion for mesothelioma victims since the 1980s. Asbestos lawsuits have played a role in about 100 companies' going bankrupt.

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The Two-Way
5:10 pm
Tue February 4, 2014

The View From Down There: FDA Approves Pill Cam For Colon Exams

Outfitted with two color cameras that run on batteries, the PillCam Colon capsule is being billed as a less invasive and less expensive option to a colonoscopy.
Given Imaging

Originally published on Wed February 5, 2014 8:43 am

Patients who undergo colon screenings might breathe a little easier now that U.S. regulators have approved a pill containing two cameras. The PillCam Colon is minimally invasive and runs on batteries, its maker says. And as you might imagine, it's disposable.

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The Two-Way
4:30 pm
Tue February 4, 2014

Obama Secures Funding To Help Connect Students To Internet

President Obama records students on a classroom iPad while visiting a seventh grade classroom before speaking about goals of connecting students to next generation broadband and wireless technology within five years on Tuesday, at Buck Lodge Middle School in Adelphi, Md.
Jacquelyn Martin AP

President Obama on Tuesday announced that technology companies had pledged $750 million in equipment and services that would help connect students to the Internet.

USA Today reports:

"Money from Apple, Microsoft, AT&T, Verizon, Sprint and other companies, combined with $2 billion from the Federal Communications Commission, will help connect up to 15,000 schools and 20 million students.

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The Two-Way
2:47 pm
Tue February 4, 2014

Congress Sends 5-Year Farm Bill To White House

Originally published on Wed February 5, 2014 7:09 am

With a vote of 68-32, the Senate approved a sweeping farm bill Tuesday that will set rules and practices for American agriculture for five years. The bill does away with controversial direct cash payments made to farmers under a subsidy system, replacing it with crop insurance.

The provisions in the Federal Agriculture Reform and Risk Management Act of 2013 bear signs of compromise between Republicans and Democrats, on issues ranging from food aid programs to budget cuts.

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Shots - Health News
2:30 pm
Tue February 4, 2014

Drugmakers And NIH Band Together To Speed Up Research

Dr. Francis Collins, director of the National Institutes of Health.
NIH

The National Institutes of Health is teaming up with major drug companies in a new effort to identify disease-related molecules and biological processes that could lead to future medicines.

The public-private partnership is called AMP, for the "Accelerating Medicines Partnership," and it will focus first on Alzheimer's disease, Type 2 diabetes, and two autoimmune disorders: rheumatoid arthritis and lupus.

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Business
12:55 pm
Tue February 4, 2014

Microsoft Announces Nadella As CEO, New Role For Gates

Originally published on Thu February 6, 2014 7:31 am

After a long and closely watched CEO search, Microsoft has tapped Satya Nadella, an insider and 22-year veteran of the company. Microsoft co-founder Bill Gates is stepping down as chairman and will help Nadella shape technology and product development.

The Two-Way
11:14 am
Tue February 4, 2014

U.S. Borrowing Is Less Of An Economic Worry, At Least For Now

Stock investors looking for a reason to feel optimistic about the economy may have found one this morning.

A new report shows the federal budget deficit has done some mad shrinking in recent years. Thanks to spending cuts, tax hikes and a stronger economy, the deficit in this fiscal year will be only $514 billion, the nonpartisan Congressional Budget Office said Tuesday.

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Money Coach
10:56 am
Tue February 4, 2014

MyRA and IRA: Understanding Options For Your Retirement Savings

Originally published on Tue February 4, 2014 1:21 pm

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Now it's time for matters of personal finance. It's been a week since President Obama's State of the Union address. And you might remember him talking about the country's retirement crisis and his plan for something called up MyRAs to help people jumpstart their savings, especially if they don't work for a company with a retirement account.

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The Two-Way
8:34 am
Tue February 4, 2014

Microsoft Picks Insider Nadella As CEO; Gates Takes New Role

Satya Nadella, Microsoft's next CEO.
Stephen Brashear AP

Originally published on Tue February 4, 2014 8:45 am

Microsoft confirmed Tuesday that Satya Nadella, who has risen through the tech company's ranks since he joined it in 1992, is its new CEO.

Nadella has most recently been executive vice president of Microsoft's "cloud and enterprise" group.

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All Tech Considered
8:31 am
Tue February 4, 2014

8 Things Worth Knowing About Microsoft's New CEO, Satya Nadella

Satya Nadella, the Indian-born, Wisconsin-educated Microsoft veteran, is now its big boss.
LeWeb13 Flickr

Originally published on Wed February 5, 2014 1:30 pm

While it's never been considered a "cool" company, Microsoft is still a force — worth $300 billion, and Windows operating systems still run on a big chunk of the world's computers. While the profile of founder and former CEO Bill Gates still looms large, outgoing leader Steve Ballmer took the reins in 2000. And Tuesday, the board chose an internal candidate — 46-year-old Indian-American engineer Satya Nadella — to head the company.

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Business
3:59 am
Tue February 4, 2014

'Harsh Winter' Hurts Auto Sales

Originally published on Thu February 6, 2014 7:12 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news begins with an icy slide for automakers.

(SOUNDBITE OF MUSIC)

MONTAGNE: January sales were down for some of the largest car companies. General Motors, Ford and Toyota reported yesterday a sharp decline in last month's sales compared to the previous year.

Automakers cite a harsh winter with record snowfalls and rock-bottom temperatures, saying it kept many from visiting their dealership. Transcript provided by NPR, Copyright NPR.

Business
3:59 am
Tue February 4, 2014

Google Told To Move Mysterious Barge

Originally published on Thu February 6, 2014 7:12 am

Transcript

STEVE INSKEEP, HOST:

And our last word in business is a Google eviction.

It's an update on a story we reported on recently. A mysterious barge docked at an island in the San Francisco Bay. The barge is owned by Google.

RENEE MONTAGNE, HOST:

Construction on the barge over the past several months has drawn the curious to speculate, was it a party barge?

INSKEEP: Or a luxury showroom barge.

MONTAGNE: Maybe a data center barge.

INSKEEP: Or even a wave-generated electrical generator barge.

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Business
3:59 am
Tue February 4, 2014

VW Chattanooga Plant To Vote On UAW Membership

Originally published on Thu February 6, 2014 7:12 am

Transcript

STEVE INSKEEP, HOST:

Next week, workers at a Chattanooga auto plant run by Volkswagen will vote on whether to join the United Auto Workers. This is the first attempt in 13 years to unionize a plant that is not run by one of the big three Detroit automakers.

As Michigan Radio's Tracy Samilton reports, Volkswagen has given the drive its blessing, so outside groups are stepping in to fight the union.

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The Edge
2:44 am
Tue February 4, 2014

Skater Sonja Henie 'Put A Dollar Sign' Behind The Gold

Skater Sonja Henie (right) presents Shirley Temple with a pair of skates.
Anonymous AP

Originally published on Thu February 6, 2014 7:12 am

When you see those graceful figure skaters perform at the Winter Games in Sochi — with their athleticism and their big-money endorsement deals — for better or worse, Sonja Henie paved the way.

Henie was the world's first great figure skater. A huge star in the 1930s and '40s, she was also divisive and controversial.

She grew up in Norway and was a dominant presence on the ice for decades, her grace and lyricism captured in newsreels and later in 11 Hollywood films.

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