The proposed merger of U.S. Airways and American Airlines ran into major turbulence on Tuesday as the Justice Department and six state attorneys general filed an antitrust suit aimed at blocking the deal. Justice Department officials said the merger would eliminate competition and put consumers at risk of higher prices.
Originally published on Tue August 13, 2013 2:46 pm
Derision: It's what would usually greet plans for a futuristic transportation system that could take passengers from Los Angeles to San Francisco in 30 minutes. But when Elon Musk, the billionaire inventor behind PayPal, Tesla and SpaceX, unveils such a plan, the world pays attention (even if it draws skeptics).
Originally published on Tue August 13, 2013 12:54 pm
The railway whose crude oil-carrying train derailed and exploded in the center of Lac-Mégantic, Quebec, last month can no longer operate in Canada, the country's Transportation Agency says. The disaster resulted in more than 40 deaths and the destruction of many of the town's central buildings.
Originally published on Tue August 13, 2013 12:05 pm
Meet Pamela Maria Wright — the "contemporary Latina consumer." She has two kids — Nico and Rita — whom she hopes will be bilingual, as she is. She's a tech-savvy working professional with a master's degree, but she's also very traditional and family-oriented. (While I was visiting her home, her father showed up for a surprise visit. "How much more Latino can you get?" Wright asked.)
And our last word in business today is: Traffic Solution.
One way to beat bumper-to-bumper traffic is a vintage and very rare 1954 Aerocar, offered for sale by Courtesy Aircraft in Rockford, Illinois.
DAVID GREENE, HOST:
This vehicle apparently converts from car to airplane in about 10 minutes and tops out at 60 miles per hour on land, 110 in the sky. That's pretty fast. But with an asking price just shy of a million dollars.
NPR's business news starts with BlackBerry weighing its option.
(SOUNDBITE OF THEME MUSIC)
GREENE: The Canadian telecom firm announced yesterday that it maybe looking for new owners. BlackBerry was valued at more than $80 billion back in 2008. Then the iPhone and Android came along and stole its dominance of the smartphone market. Now BlackBerry is worth only about $5.4 billion and its market share is plummeting.
Originally published on Thu August 15, 2013 6:59 am
DAVID GREENE, HOST:
Hispanic American are an increasingly important consumer demographic to woo. That's according to a new study from the market research firm Nielsen. The report says that most of today's Latinas are the primary decision makers when it comes to household spending.
But marketing to them is a real challenge, as NPR's Shereen Marisol Meraji reports.
SHEREEN MARISOL MERAJI, BYLINE: Welcome to the home of the contemporary Latina consumer.
The Detroit River is the mile-wide boundary that separates the United States and Canada. And the city park on the Windsor, Ontario, side of the river offers a better view of the Detroit skyline than anywhere else.
In a quirk of geography, Detroit actually sits north of its Canadian neighbor. Natives like Stephen Santarossa, who's from Windsor, love this bit of trivia and relish the puzzled look on visitors' faces as they try to draw that mental map.
"Do you realize that you are now looking north?" he says.
Originally published on Mon August 12, 2013 6:24 pm
A federal judge in Georgia threw out the discrimination claims against Paula Deen on Monday in a lawsuit that sparked widespread criticism, led sponsors to jump ship and the Food Network to drop her show.
Originally published on Mon August 12, 2013 12:37 pm
The city of London has ordered a company to cease tracking the cellphones of pedestrians who pass its recycling bins, which also double as kiosks showing video advertisements. The bins logged data about any Wi-Fi-enabled device that passed within range.
The company, called Renew, recently added the tracking technology to about a dozen of the 100 bins it had installed before London hosted the 2012 Summer Olympics.