NPR's business news begins with securing cyberspace.
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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.
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.
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.
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.
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.
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.
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?
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.
And our last word in business today is green rush.
The first legal sale of recreational marijuana in recent memory happened in Denver yesterday.
TONY FOX: 8 a.m., we're going to do.
RENEE MONTAGNE, HOST:
That's Tony Fox, who owns the 3-D Cannabis Center. She was making the ceremonial first sale, surrounded by dozens of reporters, to Sean Azzariti, an Iraq War veteran with PTSD, who was involved in the campaign to legalize pot in Colorado.
A Harvard economist finds there are psychological connections between the bad financial planning of many poor people and the poor time management of busy professionals. In both cases, he finds the experience of scarcity causes biases in the mind that exacerbate problems.
And even as things are looking up for the auto industry, many Americans still feel the sting of the 2008 recession. In the years since, many banks have been hit with large fines, but no major Wall Street executive has been convicted of criminal charges for their role in the financial crisis. That's not always how it went. A few years ago, a series of corporate scandals generated outrage and some stiff prison sentences.
Let's hear now about a new reality show featuring a mild-mannered Canadian who gives outlandish advice to companies looking to up their game. It's called "Nathan for You." And as NPR's Mandalit del Barco reports, it's become an unlikely hit for Comedy Central.
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MANDALIT DEL BARCO, BYLINE: On a sunny winter day in North Hollywood, Nathan Fielding is directing his latest quirky marketing ploy, this one for a new housecleaning service.
This famous bet — between a biologist and an economist — was over population growth. It started three decades ago, but it helped set the tone for environmental debates that are still happening today.
The biologist at the heart of this bet was Paul Ehrlich at Stanford. He wrote a best-selling book in 1968 called The Population Bomb. It was so popular he appeared on The Tonight Show with Johnny Carson.
NPR's business news starts with Fiat and Chrysler.
The Italian automaker Fiat has paid $4.3 billion to gain complete ownership of Chrysler. The agreement announced yesterday is not a big surprise. Fiat already held a majority share of the Detroit automaker that produces Chrysler, Jeep and Dodge vehicles.
Industry analysts say this final step in the merger creates a global company that's better able to compete with the likes of General Motors, Toyota and Volkswagen. Transcript provided by NPR, Copyright NPR.