Business & Education

NPR Story
3:13 pm
Tue December 31, 2013

Cabbing Home From That New Year's Party? Expect To Pay A Premium

Originally published on Tue December 31, 2013 5:56 pm

Transcript

ROBERT SIEGEL, HOST:

It's the last night of the year, a big night for party-hopping and, of course, some bubbly. And that also means it's the biggest night of the year for cab companies. The surge in demand starts right after the clock strikes 12 and quickly outstrips supply. That mismatch can send prices soaring, depending on who's doing the driving. NPR's Yuki Noguchi reports several ride services have come up with some solutions to try to manage the crunch.

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Business & Education
7:53 am
Tue December 31, 2013

Amtrak to suspend service in Alabama

Amtrak

JACKSON, Miss. (AP) — Amtrak says passenger train service throughout a portion of the Southeast will be disrupted because of rail line maintenance.

Amtrak says trains that typically run from New York to New Orleans will not operate between Atlanta and New Orleans on several days in January and February.

Amtrak says the southbound train, which starts in New York City, will go only as far as Atlanta during the maintenance days.

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Business
5:04 am
Tue December 31, 2013

Local Brewery Has Starbucks Frothing Over Stout's Name

Originally published on Tue December 31, 2013 6:44 am

The giant coffee chain sent a cease-and-desist letter to the owner of Exit 6 Pub and Brewery in Missouri. Starbucks told the pub to stop referring to one of its dark, frothy beers as "the frappicino." Starbucks noted it sounds a lot like its trademarked frozen coffee drink.

Business
4:04 am
Tue December 31, 2013

Electricity Use Drops In U.S. For 3rd Year In A Row

Originally published on Tue December 31, 2013 6:44 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with backing off the power.

(SOUNDBITE OF MUSIC)

GREENE: Though our lives are more gadget filled than ever, home electricity use fell in the United States for the third year in a row. It's now at its lowest level since 2001.

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Around the Nation
4:04 am
Tue December 31, 2013

Connecticut Plagued By Soaring Foreclosure Rate

Originally published on Tue December 31, 2013 6:44 am

Transcript

DAVID GREENE, HOST:

OK. We're seeing more signs of recovery in the housing market. Last month, foreclosure filings dropped to their lowest levels since the housing crisis hit in 2007. And overall home prices are up nationwide. But recovery is not the narrative everywhere. In some states like Connecticut, foreclosures in 2013 have been up significantly over the year before.

Reporter Kaomi Goetz of member station WSHU has the story.

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Business
4:04 am
Tue December 31, 2013

Commercial Drone Testing Sites Chosen By FAA

Originally published on Tue December 31, 2013 6:44 am

Transcript

RENEE MONTAGNE, HOST:

And if you start hearing a buzzing noise in your community in the next few months, here's a possible reason why. You live in one of the six states chosen yesterday for testing unmanned drone aircrafts. Among the states selected by the Federal Aviation Administration is New York.

Ryan Delaney of member station WRVO in upstate New York reports that the potential for job creation and investment was behind that state's decision to submit a bid.

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The Two-Way
4:58 pm
Mon December 30, 2013

The Other 'F Word': Brewer Responds To Starbucks Over Beer Name

After being told that one of his products infringed on a Starbucks trademark, brewpub owner Jeff Britton wrote the coffee company a check.
Exit 6 Brewery

Originally published on Mon December 30, 2013 6:51 pm

In general, getting a cease-and-desist letter from a big corporation isn't the mark of a good day. But after a brewery owner got a letter from a law firm representing Starbucks, he saw a chance to draw distinctions between the businesses — and to be funny.

The coffee company's bone of contention, Missouri brewer Jeff Britton was told in a Dec. 9 letter, was the use of the name "Frappicino" to describe a stout served at Exit 6 Brewery, a brewpub in a tidy strip mall in Cottleville, northwest of St. Louis.

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All Tech Considered
4:09 pm
Mon December 30, 2013

$0 Profits Couldn't Hold Back This Year's Tech Darlings

Twitter made its debut on the New York Stock Exchange in November. Both the social media giant and the relative newcomer Snapchat are valued in the billions, but neither company has yet turned a profit.
Emmanuel Dunand AFP/Getty Images

Originally published on Mon December 30, 2013 5:30 pm

Zero. That's the total amount of revenue created by Snapchat in 2013. It's the total profit collected by Twitter. And it's roughly how much Apple's stock price has increased between early last December and now.

Which makes you wonder: With all these zeros piling up, how are so many people in Silicon Valley making so much money from technology?

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Private School Tax Credits
3:57 pm
Mon December 30, 2013

Former Governor Leads Ala. Scholarship Group

Former Gov. Bob Riley says he's serving as the unpaid chairman of a scholarship organization because he believes in a new Alabama law that provides scholarships to families that move their children from failing public schools.
Credit Wikimedia Commons

Former Gov. Bob Riley says he's serving as the unpaid chairman of a scholarship organization because he believes in a new Alabama law that provides scholarships to families that move their children from failing public schools.

Riley started the Alabama Opportunity Scholarship Fund with Tampa businessman John Kirtley, who started a similar program in Florida.

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Business
3:38 pm
Mon December 30, 2013

Looking Ahead At The Next Top Tech IPOs

Every year, research firm CB Insights offers up a report on the fastest growing and most highly valued private companies in technology — basically, the ones most likely to go public. Audie Cornish speaks with Anand Sanwal, CB Insights' CEO, for a look at the top tech IPO's expected in 2014.

Business
3:38 pm
Mon December 30, 2013

Mexican Auto Industry Revs Up For Big Year

Industry officials say they are on course to boost production to as many as 4 million autos annually. That's good news for Mexico but has many in the U.S. worried, especially as Audi gets ready to build a new luxury line plant in Mexico and not in the U.S.

All Tech Considered
2:17 pm
Mon December 30, 2013

5 New Year's Resolutions From Women To Watch

Maya Penn
Marla Aufmuth TED

New Year's resolutions: Sometimes we make them; usually we break them. The annual goals are intended to bring out the best in us — but what if you're already extremely accomplished?

These five women have worked hard to help others, through businesses, innovation and writing. Four of them were speakers at the TEDWomen conference earlier in December in San Francisco (Katrina Alcorn was an attendee).

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Politics
4:25 am
Mon December 30, 2013

If The NAFTA Vote Were Held Today, How Would It Fare?

Originally published on Mon December 30, 2013 6:42 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. Good morning. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne. It's been 20 years since President Bill Clinton signed into law a trade pact that wiped out many of the commercial barriers between the U.S., Canada and Mexico. The North American Free Trade Agreement was controversial. Although Congress in the end approved NAFTA, it divided lawmakers, and on both sides of the aisle.

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Number Of The Year
4:16 am
Mon December 30, 2013

JPMorgan Chase Faces Regulatory issues

Originally published on Mon December 30, 2013 6:42 am

Morning Edition has been looking back at the year through numbers — and the number for today is $15 billion. That's the approximate amount JP Morgan Chase has agreed to pay out in various fines and settlements this year. The company is widely seen as a well-managed bank but it faces big regulatory problems and its legal bills are mounting.

NPR Story
3:52 am
Mon December 30, 2013

Japanese Vending Machines Sell Bras

Originally published on Mon December 30, 2013 6:42 am

In Japan, you can buy an incredible range of things from vending machines: bags of rice, fishing tackle or fresh flowers. And now you can add bras to that list — in particular the wireless "Fun Fun Week" bra.

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