Business & Education

The Two-Way
8:00 am
Wed November 27, 2013

Good News, Bad News: Jobless Claims Dip, But Key Orders Drop

While a key measure of factory orders weakened in October, there's better news about the labor market: fewer Americans are filing claims for unemployment insurance.
Mark Duncan AP

First, the good news:

There were 316,000 first-time claims filed for unemployment insurance last week, down 10,000 from the week before, the Employment and Training Administration said Wednesday.

Read more
Business
6:09 am
Wed November 27, 2013

Star Trek's George Takei Adds Perfume Mogul To His Resume

The scent is being sold through Amazon and of course it's called EAU My, which is Takei's catchphrase. But for the perfume, the oh is spelled EAU.

The Two-Way
6:06 am
Wed November 27, 2013

Book News: 1640 Psalm Book Nets $14.2 Million At Auction

A copy of the Bay Psalm Book, which was printed in 1640 in Massachusetts. It was sold Tuesday at Sotheby's in New York.
Emmanuel Dunand AFP/Getty Images

Originally published on Wed November 27, 2013 8:30 am

The daily lowdown on books, publishing, and the occasional author behaving badly.

Read more
Planet Money
4:19 am
Wed November 27, 2013

Ohio Hospital Puts Docs On The Spot To Lower Costs

Originally published on Wed November 27, 2013 12:57 pm

An aspect of the Affordable Care Act is meant to rein in exploding health care costs. To do that, the law has created hundreds of experiments in which hospitals have volunteered to participate. Our Planet Money team went to one hospital in Ohio that's trying to get doctors more involved in understanding hospital economics.

Business
4:15 am
Wed November 27, 2013

The Last Word In Business

David Greene and Linda Wertheimer have the Last Word in business.

Business
4:15 am
Wed November 27, 2013

Men's Wearhouse Goes 'Pac-Man' On Joseph A. Bank

Originally published on Wed November 27, 2013 4:25 am

The retail company Men's Wearhouse has announced it is launching a takeover battle for rival Joseph A. Bank. What makes the effort unusual is that just last month Joseph A. Bank was trying to take over Men's Wearhouse. The turnaround is an example of what Wall Street calls a Pac-Man defense.

Energy
4:15 am
Wed November 27, 2013

Drilling For Oil, Based On The Bible: Do Oil And Religion Mix?

John Brown, the head of Zion Oil & Gas, believes the Bible will help him find oil in Israel. The company, which is listed on Nasdaq, has so far spent $130 million and drilled four dry holes. Brown is shown here at one of the company's drilling rigs in Israel.
Courtesy of Zion Oil

Originally published on Wed November 27, 2013 11:44 am

They say an oilman has to be a gambler, but can he be a prophet?

Zion Oil & Gas, based in Dallas, is a publicly traded company that believes it is commanded by the Bible to search for oil in Israel, both to help the Holy Land and make money for investors. The 22 employees of Zion Oil in Texas and Israel, and many of its 30,000 investors, believe the company is on a mission from God.

Read more
Business
2:24 am
Wed November 27, 2013

How Shopping Malls Are Adapting In An Online World

Originally published on Wed November 27, 2013 10:49 am

Traditional shopping malls took a big hit after the economic collapse. Problems at big retailers Sears and J.C. Penney — two of the biggest mall tenants — could signal even more troubles.

But malls are trying to adapt. As online shopping grows, things are getting more and more competitive out in the real world of brick-and-mortar retail.

Read more
Parallels
2:21 am
Wed November 27, 2013

Israel Dreams Of A Future As An Oil Producer

Givot Olam CEO Tovia Luskin expects to drill 40 wells and build a pipeline to a refinery on the coast. The company already has "proven and probable" reserves of 12.5 million barrels of oil. Luskin chose where to drill based on a passage from the Bible.
Emily Harris/ NPR

Originally published on Sun December 1, 2013 7:51 am

There's an old joke that if Moses had turned right when he led Jewish tribes out of Egypt, Israel might be where Saudi Arabia is today — and be rich from oil. Consultant Amit Mor of Eco Energy says that joke is out of date.

"Israel has more oil than Saudi Arabia," he claims. "And it's not a joke."

But that oil will be difficult to reach, if it can be recovered at all. The oil he's talking about is not yet liquid but is trapped in rocks underground.

Read more
Shots - Health News
2:20 am
Wed November 27, 2013

To Changing Landscape, Add Private Health Care Exchanges

www.delightimages.com iStockphoto

Originally published on Wed November 27, 2013 10:30 am

We've been reporting a lot lately on the troubled rollout of President Obama's signature health care law. But at the same time, there are rumblings of a major shift in the way companies offer private health insurance to workers.

It involves what are called "private health care exchanges." These are similar to — but completely separate from — the public exchanges you've heard so much about.

Some experts say this new approach soon could change how millions of Americans receive their health care.

Read more
Business
4:56 pm
Tue November 26, 2013

The Stock Market Loves The Fed For Now, But Can It Last?

The Dow Jones industrial average closed above 16,000 for the first time last week.
Spencer Platt Getty Images

Originally published on Tue November 26, 2013 5:32 pm

Major stock indexes have shot to record highs in the U.S. this year, gaining more than 20 percent, and yet economic growth remains at disappointing levels. A lot of analysts believe the stimulus efforts by the Federal Reserve are behind the stock boom and a possible bubble.

Read more
Media
3:51 pm
Tue November 26, 2013

CBS Puts Lara Logan On Leave After Review Of Flawed Benghazi Report

Originally published on Wed November 27, 2013 7:42 am

Transcript

AUDIE CORNISH, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

An internal review of a report that aired on CBS' "60 Minutes" about the attack on the U.S. consulate in Benghazi, Libya, reached damning conclusions. Now, Laura Logan, the CBS correspondent who reported that story, and her producer are taking leaves of absence at management's request.

Read more
Media
3:51 pm
Tue November 26, 2013

Report: Humane Association Covered Up Animal Abuse On Hollywood Sets

Originally published on Tue November 26, 2013 4:56 pm

An investigation by The Hollywood Reporter alleges that the American Humane Association has tried to cover up instances of animal abuse and deaths on Hollywood sets. Melissa Block talks with Gary Baum, a senior writer for the magazine who reported the story.

The Two-Way
1:44 pm
Tue November 26, 2013

After Internal Review On Benghazi Report, CBS Puts Logan On Leave

Originally published on Wed November 27, 2013 8:09 am

CBS has asked 60 Minutes correspondent Lara Logan to take a leave of absence, along with her producer, after her recent story on the deadly 2012 attack on the U.S. Consulate in Benghazi, Libya, was found to have multiple flaws. An internal report also found broader failings in how the news division handled the story. A summary of the report's findings was obtained by NPR on Tuesday.

Read more
The Two-Way
11:48 am
Tue November 26, 2013

Jury Orders Newegg To Pay $2.3 Million In 'Patent Troll' Case

Originally published on Tue November 26, 2013 4:47 pm

The online retailer Newegg has lost a patent case centering on Web encryption, after a Texas jury rejected its argument that a claim from the company TQP Development was invalid. The jury ordered Newegg to pay $2.3 million — less than half the damages TQP had sought.

Read more

Pages