Business & Education

Business
3:31 pm
Wed March 19, 2014

How Many Auto Mishaps Mandate A Recall?

Originally published on Wed March 19, 2014 6:59 pm

Daniel Sharkey, an attorney in suburban Detroit who represents auto manufacturers, talks about the process a car company goes through in deciding to issue a vehicle recall.

News
3:31 pm
Wed March 19, 2014

Toyota's $1.2B Settlement Puts Criminal Probe To Rest

Originally published on Wed March 19, 2014 6:59 pm

Toyota will pay $1.2 billion to end a federal criminal probe into a vehicle recall. Federal regulators said five people died in accidents related to unintended acceleration prior to the recall.

The Salt
2:13 pm
Wed March 19, 2014

Could Our Food Supply Be A Target For Terrorists?

Few livestock owners consider their operations targets of terrorism. And that mindset could leave them vulnerable.
iStockphoto

Originally published on Wed March 19, 2014 6:51 pm

It sounds like the plot of a Hollywood blockbuster: Villains bent on chaos set their sights on a food company — an easy target — with plans to lace its products with a chemical or pathogen. The hero finds out in time to save the day.

Sound far-fetched? Not according to U.S. regulators who have been pondering such scenarios.

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The Two-Way
12:53 pm
Wed March 19, 2014

Boeing 787 Dreamliner Is Safe, FAA Team Concludes

At Tokyo International Airport last July, Boeing 787 Dreamliners flown by All Nippon Airways taxied across the tarmac.
Kimimasa Mayama EPA/Landov

Originally published on Wed March 19, 2014 2:53 pm

A year-long review of the Boeing 787, which experienced problems such as fuel leaks and a battery fire, has concluded that the plane is safe.

The Federal Aviation Administration reported Wednesday that a review team believes the aircraft, which Boeing calls the Dreamliner, "was soundly designed, met its intended safety level, and that the manufacturer and the FAA had effective processes in place to identify and correct issues that emerged before and after certification."

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The Two-Way
9:54 am
Wed March 19, 2014

Britain Plans New 12-Sided £1 Coin To Combat Counterfeiting

The new 12-sided coin billed as the most secure ever. It is scheduled to be introduced in 2017.
Royal Mint

Originally published on Wed March 19, 2014 11:20 am

Hoping to foil counterfeiters, Britain's Royal Mint is planning to introduce a new £1 coin that's described as the most secure in the world.

As British Chancellor George Osborne explained to Parliament on Wednesday, "the £1 coin has become increasingly susceptible to forgery" — noting that 1 in 30 of the £1 coins currently in circulation are fakes. The BBC reports that an estimated 45 million forgeries are in circulation.

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Business
9:27 am
Wed March 19, 2014

Toyota, Justice Department Reach Settlement On Recall

Originally published on Wed March 19, 2014 9:28 am

The Justice Department announced Wednesday that it has reached a billion-dollar agreement with Toyota, settling a federal probe into the company's handling of a recall for faulty gas pedals.

The Two-Way
8:11 am
Wed March 19, 2014

Toyota To Pay $1.2B To End Safety-Related Probe

Mark Ralston AFP/Getty Images

Originally published on Wed March 19, 2014 11:43 am

Updated at 10:30 a.m. ET.

Saying that "Toyota intentionally concealed information" and misled the public about the danger that some of its vehicles might suddenly accelerate, Attorney Gen. Eric Holder announced Wednesday that the automaker is being fined $1.2 billion for not being forthcoming after car owners started to complain in 2009.

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World
4:08 am
Wed March 19, 2014

Will Economic Sanctions Impact Russia?

Originally published on Wed March 19, 2014 12:13 pm

It's not easy for the U.S. to put effective sanctions on Russia. But even Russians need to use U.S. financial institutions, and you pressure a country by limiting access to dollars and world markets.

Business
4:08 am
Wed March 19, 2014

Sony Pictures To Lay Off Interactive Group

Originally published on Wed March 19, 2014 9:28 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with Hollywood layoffs.

Sony has notified California's Labor Board that come June it will lay off more than 200 employees at its movie and television studios.

NPR's Mandalit del Barco reports this is happening in a film industry that's facing across the board cost cutting.

MANDALIT DEL BARCO, BYLINE: Sony Pictures Entertainment will reportedly lay off its entire interactive marketing team responsible for online movie promos like this.

(SOUNDBITE OF MOVIE PROMO)

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All Tech Considered
4:08 am
Wed March 19, 2014

For Pro Sports, Public Relations Going High-Tech, Real Time

In the NASCAR Fan and Media Engagement Center, 13 46-inch TV screens display charts, tweets and live races.
Michael Tomsic WFAE

Originally published on Wed March 19, 2014 9:28 am

Gone are the days of waiting for angry letters.

Social media allows the NFL, NASCAR and other pro sports leagues to hear from fans in real time. And that feedback has become so important, leagues have built what are essentially social media command centers to monitor trends and engage directly with fans.

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Sports
4:08 am
Wed March 19, 2014

Racetrack Soundtrack Goes From A Roar To A Purr

Originally published on Wed March 19, 2014 9:28 am

Transcript

RENEE MONTAGNE, HOST:

Good morning, I'm Renee Montagne.

Fans of Formula One racing love the roar of the engines.

(SOUNDBITE OF ENGINES)

MONTAGNE: But this year's F1 cars are hybrids and that familiar roar has been reduced to a purr.

(SOUNDBITE OF CARS)

MONTAGNE: Australia's Grand Prix organizers are not loving the quiet. They say fans aren't getting what they paid for. One official described the new engines - hmmph, like harpsichords in a chamber orchestra.

Education
4:08 am
Wed March 19, 2014

To Fill Skills Gap In U.S., Schools Look Abroad

Originally published on Wed March 19, 2014 9:28 am

Transcript

DAVID GREENE, HOST:

One big challenge in the U.S. economy is the skills gap. Employers are finding workers just don't have the skills to get the job done. The White House has focused on the problem. At a manufacturing plant this year President Obama said the United States has to improve job training programs and community colleges and trade schools are trying. Susanna Capelouto reports on why Europe might have some tips.

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Around the Nation
4:00 pm
Tue March 18, 2014

With Less Financial Security, Older Workers Stay On The Job

Man signing a contract in his attorney's office.
Lisa F. Young iStockPhoto

Originally published on Tue March 25, 2014 4:22 pm

The laboratories at The Aerospace Corp. in El Segundo, Calif., look more like a bunch of stuff from the hardware store than the set from Star Trek. But physicist John Hurrell gazes at a nondescript collection of tubes with admiration. It's a transmission electron microscope.

"This is one of the pieces of equipment which will enable us to get down pretty well to atomic-level sensitivity," he says.

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The Salt
2:47 pm
Tue March 18, 2014

A Cold One For Everyone: Craft Beer Sales Surged In 2013

I'll Drink To That: Craft beer sales jumped 20 percent last year.
Justin Sullivan Getty Images

Originally published on Wed March 19, 2014 7:38 am

If you think craft beer is seemingly everywhere these days, there's good reason. From bars and restaurants to supermarket aisles, the selection of locally made, often quirkily named brews has grown at an exponential rate.

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Shots - Health News
12:11 pm
Tue March 18, 2014

Opting Out Of Your Insurance Plan's Network Can Be Costly

A vaccination that would be free inside a health plan's network can result in a bill when administered by an unapproved doctor.
iStockphoto

Originally published on Wed March 19, 2014 2:34 pm

Many plans sold on the health insurance marketplaces offer a trade-off: lower premiums in exchange for limited choices of doctors and hospitals. But consumers who opt for these plans with the idea that they'll go out of network when necessary may be taking a big financial risk.

The health law generally limits how much consumers can be required to pay out of pocket for medical care (not including premiums). In 2014, the limit for an individual plan is $6,350 and for a family plan, $12,700.

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