Business & Education

Business
5:16 am
Thu January 16, 2014

Concerns Raised Over Banks' Commodities Holdings

Originally published on Thu January 16, 2014 2:07 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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RENEE MONTAGNE, HOST:

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Business
5:13 am
Thu January 16, 2014

Apple To Refund App Purchases Void Of Parental Consent

Originally published on Thu January 16, 2014 2:07 pm

Transcript

RENEE MONTAGNE, HOST:

Apple has agreed to compensate consumers who bought more than they realized from the company. The company will also fix a problem that led to some unauthorized spending.

STEVE INSKEEP, HOST:

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Business
5:10 am
Thu January 16, 2014

GM Shareholders To Receive Dividends Again

Originally published on Thu January 16, 2014 2:07 pm

Transcript

MELISSA BLOCK, HOST:

NPR's business news begins with a GM comeback.

(SOUNDBITE OF MUSIC)

BLOCK: General Motors announced this week that for the first time in nearly six years, it will begin to pay cash dividends to its shareholders. GM stopped paying out dividends back in June of 2008, as it struggled to save money through the recession, bankruptcy and a government bailout.

Planet Money
4:11 am
Thu January 16, 2014

How Perverse Incentives Drive Up Health Care Costs

Originally published on Thu January 16, 2014 2:07 pm

Transcript

STEVE INSKEEP, HOST:

Emergency medical technicians, EMTs, are trained to save your life and aim to get you to a hospital as quickly as possible when needed. One thing they are usually not asked to do is to find ways to save money.

NPR's Zoe Chace explores one experiment in New York City that is trying to cut emergency care costs and cut return trips to the E.R.

ZOE CHACE, BYLINE: I'm in an ambulance, and we're on the way to the emergency room.

PETER DERMODY: How long have you been feeling like this, Michael?

MICHAEL: Like, two days.

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The Salt
2:28 am
Thu January 16, 2014

Sometimes A Perfect Stranger Is The Best Dinner Host

A group gathers in a Ballston, Va., home for a supper club organized through the site Feastly. A new food trend gaining popularity in New York and other cities lets diners enjoy a meal prepared by a stranger in that person's home.
Courtesy of Noah Karesh

Originally published on Thu January 16, 2014 2:07 pm

With website names like Eat With, Side Tour, VoulezVousDiner and Feastly, a new food trend that is sweeping New York and other cities allows diners to enjoy fine meals inside someone else's home.

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Business
2:28 am
Thu January 16, 2014

Detroit Touts Clean, Efficient Diesels, But America Isn't Sold

Automakers like GM, Chrysler and Volkswagen are introducing new, cleaner diesel passenger cars to the U.S. market as fuel-efficient alternatives.
Carlos Osorio AP

Originally published on Thu January 16, 2014 2:07 pm

At the North American International Auto Show in Detroit this week, it's not all hybrids and battery-powered cars. Some car companies are making significant investments in a fuel that's not new at all — diesel.

The newest diesel engines are far cleaner than their predecessors, and they get many more miles per gallon. The question is, what's holding customers back from switching gas pumps?

When you look around the auto show, there's a lot of energy and there's a lot of money being spent again. The one topic that keeps coming up, of course, is fuel economy.

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The Two-Way
5:20 pm
Wed January 15, 2014

Obama Nominates Maria Contreras-Sweet To Head SBA

President Barack Obama announces he will nominate Maria Contreras-Sweet, left, founder and board chairman of a Latino-owned community bank in Los Angeles, as the head of the Small Business Administration.
Jacquelyn Martin AP

Former California official Maria Contreras-Sweet is President Obama's pick to lead the Small Business Administration. She was introduced and her official nomination announced at a White House event Thursday.

Born in Mexico, Contreras-Sweet became the first Latina to serve as a cabinet secretary in California when she led its Business, Transportation and Housing Agency from 1999-2003.

That post led Obama to tell this anecdote:

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Economy
4:31 pm
Wed January 15, 2014

Fed Vice Chairman Nominee Taught Bernanke And Many Others

Originally published on Wed January 15, 2014 6:44 pm

Transcript

AUDIE CORNISH, HOST:

In other personnel news, the president has nominated Stanley Fischer to serve as the next vice chairman of the Federal Reserve. He would replace Janet Yellen, who's been promoted to chairman of the central bank. Yellen reportedly recruited Fischer personally to serve as her deputy. He spent much of the last decade running Israel's central bank.

As NPR's Scott Horsley reports, Stanley Fischer is credited with helping that country weather the financial crisis better than most and with training many of the world's top economists.

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Economy
4:31 pm
Wed January 15, 2014

Obama Unveils New Plans To Encourage Manufacturing Jobs

Originally published on Wed January 15, 2014 6:44 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block. President Obama has been talking a lot lately about income inequality. Today, he visited a factory in North Carolina and announced new steps that he said would create more good-paying, middle class jobs. He plans to do that by boosting American manufacturing and at the center of that plan is a big idea: a new, federally-funded innovation institute.

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Business
4:31 pm
Wed January 15, 2014

Boeing Machinists' Plight Marks Changing Times For Labor

Boeing machinists and other supporters held a rally against the company's offer the day before the critical vote, which took place in early January.
Ashley Gross KPLU

Originally published on Wed January 15, 2014 7:36 pm

The mood at the Seattle union hall was quiet, almost funereal on the night Boeing workers narrowly approved an offer to build the company's new airliner, the 777X.

Members of the International Association of Machinists and Aerospace Workers who had gathered had wanted to reject the offer. But they were in a tight spot. They risked losing the bid to one of the 21 states hoping to step in.

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Shots - Health News
4:31 pm
Wed January 15, 2014

After Checking Blood Pressure, Kiosks Give Sales Leads To Insurers

SoloHealth owns 3,500 health screening kiosks like this one in San Francisco. In some states, the company sells customer contact information to insurers.
April Dembosky

Originally published on Thu January 16, 2014 3:56 pm

Those machines in drugstores and supermarkets that let people check their blood pressure also may be selling people's contact information to insurance companies trolling for new customers.

One of these kiosks sits in Aisle 10 of a Safeway in a city near San Francisco. Sitting down at the machine is like slipping into the cockpit of a 1980s arcade game. There are a big plastic seat and footrest for measuring weight and body mass index, a window for testing vision, and a blood pressure cuff. The kiosks don't charge people for the blood pressure measurement.

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The Two-Way
4:27 pm
Wed January 15, 2014

IMF's Lagarde: Any U.S. Budget Deal Is Better Than None

Christine Lagarde, who heads the International Monetary Fund, offered some positive comments about Congress on Wednesday.

Her assessment was a shade better than "faint praise," but something less than "Attaboy!"

Speaking at the National Press Club, Lagarde said she was pleased to see U.S. lawmakers have been moving forward "in a more orderly fashion" as they work on spending legislation.

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Planet Money
4:04 pm
Wed January 15, 2014

Paper Or Plastic: How Americans Buy Stuff, In 1 Graph

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Quick question: How many times do you pay for stuff in a given month? Not how much do you spend, but how many times do you exchange dollars for goods or services — pay a bill, put gas in your car, download a song from iTunes, pick up a sandwich for lunch, whatever.

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The Salt
3:19 pm
Wed January 15, 2014

German Farmers Fear For Europe's Bacon With U.S. Trade Deal

German farmer Rudolf Buehler and other opponents of the Transatlantic Free Trade Agreement protest with 17 pigs in front of the chancellor's office building in Berlin on Wednesday.
Soraya Sarhaddi Nelson NPR

Originally published on Wed January 15, 2014 8:12 pm

When German farmers and activists descended upon Chancellor Angela Merkel's office building Wednesday morning, they brought along some special guests — 17 pigs. The stunt was the latest European backlash against a proposed free trade deal with the U.S. that could lift restrictions on American meat sold in Europe.

Under the watchful eye of German police officers, the pigs munched happily on straw strewn across the pavement to keep the herd from running amok.

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The Two-Way
3:18 pm
Wed January 15, 2014

Regions Bank To Discontinue Payday Loan Program

Originally published on Fri January 17, 2014 10:15 am

One of several banks that offer payday loans is getting out of the business.

Regions Bank announced Wednesday that it will discontinue its "deposit advance" product known as Ready Advance.

Deposit advances are small, costly loans that bank customers take out between paychecks, and pay back automatically when a scheduled direct deposit comes through.

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