Business & Education

Alabama State
4:13 pm
Fri January 3, 2014

Contract Approved For New Alabama State President

The trustees of Alabama State University have approved a two-year contract that pays new President Gwendolyn Boyd $300,000 annually.
Credit asu.edu

The trustees of Alabama State University have approved a two-year contract that pays new President Gwendolyn Boyd $300,000 annually.

The board, including Gov. Robert Bentley, approved the contract unanimously Friday. It includes benefits, such as a president's home.

University spokesman Ken Mullinax said Boyd will start Feb. 1. She has been executive assistant to the chief of staff of the Applied Physics Lab at John Hopkins University.

She replaces Joseph Silver, who left in late 2012. He had an annual salary of $325,000, but only served a few months.

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Arts & Life
3:29 pm
Fri January 3, 2014

'Playboy' Gets Pranked: Group Flips The Script On Sex

You can't buy these panties at your local Victoria's Secret. While they mimic the look of that brand's Pink line, they're actually part of a project by FORCE: Upsetting Rape Culture.
Courtesy of FORCE

Originally published on Fri January 3, 2014 7:43 pm

Rebecca Nagle sometimes finds herself asking the question: What would Hugh Hefner say?

"The only sex that is good is when it's good for everyone," she says, laughing. "And I've only ever had good sex."

Hefner didn't actually say that. Nagle wrote it.

"But you can really imagine Hugh Hefner saying that," she insists.

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Business
3:26 pm
Fri January 3, 2014

How NAFTA Helped The Mexican Billionaires' Club

Carlos Slim Helu (left) talks with Steve Forbes of Forbes magazine. The magazine lists the Mexican telecom mogul as the world's richest man, with a net worth of $73 billion.
Jeremy Piper AP

Originally published on Mon January 6, 2014 2:50 pm

When the North American Free Trade Agreement was being negotiated, supporters promised it would increase the income of Mexicans. And the middle class did grow in Mexico over the past two decades. But it's clear that Mexico's ultrarich are among its big winners.

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The Two-Way
12:03 pm
Fri January 3, 2014

Ford Tops Resurgent U.S. Car Industry, 2013 Sales Results Show

Ford says it sold the most F-series trucks since 2006. Here, a 2014 F-150 goes through quality control on the assembly line at Ford's Dearborn Truck Plant.
Bill Pugliano Getty Images

Originally published on Fri January 3, 2014 12:58 pm

Ford and GM are calling 2013 the best year for U.S. auto sales in at least five years. On Friday, they reported double-digit annual gains, while Chrysler reported an increase of 9 percent for its strongest year since 2007.

The new sales figures reflect a continuing turnaround from the struggles that led to a federal bailout in recent years. Here are highlights from each company's report:

Ford

  • Retail sales were up 14 percent in 2013, as Ford sold 2,493,918 vehicles.
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Economy
10:03 am
Fri January 3, 2014

Could Salary Bump Mean Economic Slump?

Minimum wage workers in 13 states will see a bump in their paychecks this year. Host Michel Martin talks about the possible ripple effects of raising minimum wages. She's joined by Bloomberg Businessweek contributor Roben Farzad and NPR Senior Business Editor Marilyn Geewax.

Business
6:06 am
Fri January 3, 2014

Beanie Baby Creator Faces Jail Time For Evading Taxes

Originally published on Fri January 3, 2014 6:51 am

H. Ty Warner has asked a judge for probation. He's scheduled to be sentenced later this month for evading taxes on a secret Swiss bank account.

Business
5:55 am
Fri January 3, 2014

Cybersecurity Merger Ups FireEye's Stock Price

Originally published on Fri January 3, 2014 6:51 am

Transcript

DAVID GREENE, HOST:

NPR's business news begins with securing cyberspace.

(SOUNDBITE OF MUSIC)

GREENE: All right, we're talking about a $1 billion deal here. The cybersecurity company FireEye has bought Mandiant. Mandiant gained some fame last year. They exposed a secretive branch of the Chinese military that was hacking into the computer networks of over 100 multinational companies.

Business
3:39 am
Fri January 3, 2014

Visitors To Colorado Will Find Few Legal Places To Smoke Pot

Originally published on Fri January 3, 2014 6:51 am

Transcript

DAVID GREENE, HOST:

Recreational marijuana has been on sale in Colorado for a couple days now. And pot shops there have been surprised by the long lines of customers. Many people have been coming in from out of state hoping to be among the first to buy recreational pot legally.

But as Colorado Public Radio's Ben Markus reports, tourists are finding there are few legal places to smoke it.

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Business
3:39 am
Fri January 3, 2014

Machinists To Vote On Boeing's Latest Contract Offer

Originally published on Fri January 3, 2014 6:51 am

Transcript

RENEE MONTAGNE, HOST:

And a vote takes place today that could have a major impact on the economy in and around Seattle. The giant airplane maker Boeing is threatening to move thousands of jobs away from the Seattle region unless 30,000 unionized Boeing workers vote to accept cuts to retirement and health benefits.

Ashley Gross of member station KPLU has the story.

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The Two-Way
7:43 pm
Thu January 2, 2014

Consortium Threatens To Pull Plug On Panama Canal Expansion

Men sit by the side of the Panama Canal as a ship sails past in Gamboa near Panama City, last month. The expansion project is aimed at accommodating the world's largest container ships.
Arnulfo Franco AP

Originally published on Fri January 3, 2014 9:09 am

Cost overruns are threatening to shut down a multibillion-dollar expansion of the Panama Canal aimed at allowing the world's largest ships to pass through the short cut between the Caribbean and the Pacific Ocean.

A European consortium funding the project says it won't continue the work until Panama coughs up the extra cash — which amounts to $1.6 billion over and above an original $3.2 billion bid to build a third set of locks.

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Economy
5:18 pm
Thu January 2, 2014

For The Unemployed, Ideas To Help Bridge The Gap To Work

Job seekers line up to talk to recruiters during a job fair held in Atlanta in May.
John Amis AP

Originally published on Thu January 2, 2014 7:01 pm

When members of Congress return to work next week, at the top of the "to-do" list is whether to renew emergency unemployment benefits. An extension of the benefits expired at the end of 2013, which means 1.3 million out-of-work Americans are no longer getting unemployment checks.

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Pre-Kindergarten Funding
3:27 pm
Thu January 2, 2014

Alabama Looking At Another Expansion Of Pre-K

Alabama is looking at another expansion for the state's Pre-Kindergarten program.
Credit Alabama School Readiness Alliance

Advocates of early childhood education are expecting another expansion of the state's pre-kindergarten program for 4-year-olds, and they are waiting to see how much the governor will propose when the Legislature convenes Jan. 14.

Gov. Robert Bentley says he will recommend an increase, but he's not saying how much yet.

The Alabama School Readiness Alliance, the Alabama Partnership for Children and others are seeking an increase of $12.8 million for the upcoming school year.

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Economy
3:27 pm
Thu January 2, 2014

The Widening Wealth Gap: Bringing Income Inequality Into Focus

Originally published on Thu January 2, 2014 5:18 pm

The widening gap between the rich and poor in the U.S. has become a central touch point for economists, pundits and politicians across the U.S. New York City's newly sworn-in mayor, Bill deBlasio, was elected after campaigning against a city divided between the haves and have-nots. President Obama has called tackling inequality the defining challenge of our time, saying that growing inequality and a lack of upward mobility jeopardizes the American dream. But what, exactly, is income inequality?

The Salt
2:49 pm
Thu January 2, 2014

Cork Versus Screw Cap: Don't Judge A Wine By How It's Sealed

Winemakers are increasingly turning to screw caps. Now consumers are learning to get over their prejudice for cork, too.
Maggie Starbard NPR

Originally published on Thu January 2, 2014 5:18 pm

Step aside, cork.

If you're a wine drinker, you've probably noticed that screw caps are no longer considered the closure just for cheap vino. Increasingly, bottles of very good wines are unscrewed, rather than uncorked.

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The Two-Way
7:57 am
Thu January 2, 2014

Jobless Claims Were Nearly Unchanged Last Week

There were 339,000 first-time claims filed for unemployment insurance last week, down slightly from 341,000 the week before, the Employment and Training Administration says.

According to The Associated Press, the slight decline is "evidence that layoffs are low and hiring will likely remain steady."

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