Business & Education

Planet Money
11:04 am
Thu September 5, 2013

The World Capital Of Counterfeit Dollars

A policeman shows printed sheets of counterfeit bills seized by Peruvian police.
AFP AFP/Getty Images

This just in from the AP:

With its meticulous criminal craftsmen, cheap labor and, by some accounts, less effective law enforcement, Peru has in the past two years overtaken Colombia as the No. 1 source of counterfeit U.S. dollars, says the U.S. Secret Service, protector of the world's most widely traded currency. ...

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The Two-Way
10:29 am
Thu September 5, 2013

Yah-New! Did Yahoo Hit The Mark With Its Logo Change?

Yahoo's new logo.
Yahoo.com

Originally published on Thu September 5, 2013 11:04 am

Compare Yahoo's new logo, introduced Thursday, to what was there before.

According to CEO Marissa Mayer, "we knew we wanted a logo that reflected Yahoo — whimsical, yet sophisticated. Modern and fresh, with a nod to our history. Having a human touch, personal. Proud."

On her Tumblr page, Mayer goes on at length about how:

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The Two-Way
7:43 am
Thu September 5, 2013

Job Growth Cooled A Bit In August, Report Signals

Originally published on Thu September 5, 2013 8:39 am

There were 176,000 more jobs on private employers' payrolls in August than the month before, according to the latest ADP National Employment Report.

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Business
4:08 am
Thu September 5, 2013

U.S. Auto Sales Accelerate To Pre-Recession Levels

Originally published on Thu September 5, 2013 5:58 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with car sales accelerating.

The Wall Street Journal is reporting that buyers picked up new vehicles at a pace not seen since before the recession. According to the paper, Americans bought 1.5 million vehicles last month - about 17 percent up from a year ago. Low interest rates and continued job growth were primary drivers. Automakers have added work shifts and production capacity to keep up with demand. Transcript provided by NPR, Copyright NPR.

Business
4:08 am
Thu September 5, 2013

Don't Let Death Interfere With Your Need For Music

Originally published on Thu September 5, 2013 6:47 am

A Swedish firm is selling coffins loaded with speakers and a Spotify music account to stream songs six feet under. The package costs $30,000.

Business
4:08 am
Thu September 5, 2013

Data Marketing Critics Check Out What's Written About Them

Originally published on Thu September 5, 2013 8:34 am

Transcript

STEVE INSKEEP, HOST:

Companies that collect and sell information about you are usually pretty secretive about what they have on you. But one of the biggest data brokers is now letting consumers have a peek.

Yesterday, the Acxiom Corp. set up a website where people can look themselves up. It's called AboutTheData.com. As NPR's Martin Kaste reports, some of the first people to try it were the data industry's critics.

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Around the Nation
2:23 am
Thu September 5, 2013

Under Dust And Rust, 'New' Classic Cars Go Up For Auction

Chevrolets are lined up in a field near the Lambrecht Chevrolet dealership in Pierce, Neb. Later this month, bidders will attend a two-day auction that will feature about 500 old cars and trucks, many with fewer than 10 miles on the odometer.
Nati Harnik AP

Originally published on Thu September 5, 2013 7:11 pm

Inside the Lambrecht Chevrolet Company in tiny Pierce, Neb., under layers of dirt, sit a dozen classic cars. A 1978 Chevrolet Indy Pace Car, black with racing stripes down the side. There's a '66 Bel Air sedan in a color called tropic turquoise, and a 1964 impala.

"If you wipe away the dirt, it's shiny underneath," says auctioneer Yvette VanDerBrink. Even though this car is almost 50 years old, VanDerBrink says, it's still brand new.

Later this month Lambrecht's will auction more than 500 classic cars, many with fewer than 10 miles on the odometer.

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The Two-Way
1:39 pm
Wed September 4, 2013

Economy Expanding At Moderate Rate, Fed Says

Doors for a Chevy Sonic hang on the assembly line at General Motors' Orion Assembly Plant in Lake Orion, Michigan, in 2011.
Bill Pugliano Getty Images

Originally published on Wed September 4, 2013 5:59 pm

The U.S. economy held steady with "modest to moderate" growth between early July and late August, as Americans bought more cars and auto factories ramped up hiring.

The Federal Reserve's so-called Beige Book, comprising reports from 12 geographic districts around the country, showed that manufacturing activity "expanded modestly" and that several districts reported that "demand for inputs related to autos, housing, and infrastructure were strong."

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The Two-Way
1:32 pm
Wed September 4, 2013

S&P Accuses U.S. Of Suing To Retaliate For Credit Downgrade

The Justice Department claims Standard & Poor's knew that billions of dollars of mortgage-backed securities were junk but still gave them positive ratings.
Emmanuel Dunand AFP/Getty Images

Originally published on Wed September 4, 2013 5:03 pm

In a court filing, Standard & Poor's is accusing the U.S. government of using the Justice Department to retaliate for the agency's decision to downgrade U.S. debt in 2011.

The accusation by S&P was made while it tried to defend itself in a lawsuit filed against it by the U.S. government, which alleges S&P knew that billions of dollars of mortgage-backed securities were junk, but still gave them positive ratings.

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Parallels
11:40 am
Wed September 4, 2013

U.S. Competitiveness Up, Ranking Fifth, Survey Says

As the economy continues its recovery, the World Economic Forum's latest survey said U.S. global competitiveness is up after four years of decline.
John Moore Getty Images

Originally published on Wed September 4, 2013 1:44 pm

U.S. competitiveness among global economies suffered after the 2008 global economic crisis. Four years after the crisis, the U.S. slipped in the World Economic Forum's annual competitiveness ranking. This year it's back up a bit: The U.S. rose to fifth position overall from seventh last year, in the forum's latest survey, which was released Wednesday.

Here's what the survey says about the U.S., the world's largest economy:

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The Salt
11:37 am
Wed September 4, 2013

A Greener Way To Cool Your Foods On The Way To The Grocery Store

Originally published on Wed September 4, 2013 4:13 pm

Your produce and frozen foods could soon arrive at grocery stores in trucks that release fewer emissions. Researchers are developing a clean technology to keep your food cool while it travels.

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All Tech Considered
11:10 am
Wed September 4, 2013

Data Marketers Know What You Bought Last Summer

The online purchases you make help form a data profile that marketers use to sell you more stuff. A new site lets you see what data the marketers have on you.
Matt Cardy Getty Images

Originally published on Wed September 4, 2013 3:09 pm

If you've ever wondered just how much marketing companies know about you, whether it's your education or income or purchase preferences, today you can see for yourself.

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Delta Airlines
8:12 am
Wed September 4, 2013

Delta Plane Makes Emergency Landing in Birmingham

A Delta Airlines flight from New Orleans was diverted to Birmingham-Shuttlesworth International Airport because of a report of smoke in the cockpit. No on was injured in the incident.
Delta Airlines

A Delta Airlines flight from New Orleans to Atlanta has been diverted to Birmingham because of a report of smoke in the cockpit.

   Delta Flight 2234 was just east of Montgomery when pilots aborted the flight plan and made an emergency landing at Birmingham-Shuttlesworth International Airport. The plane landed safely at about 3 p.m.  Television station ABC33/40 reported emergency crews inspected the plane and didn't find any smoke or other signs of fire on the aircraft.

   No one was injured in the incident.

Power outage Auburn University
7:34 am
Wed September 4, 2013

Power Restored on Auburn Campus After Outage

Auburn University officials say power is restored after an outage left parts of the university in the dark.
Auburn University

A power outage left parts of the Auburn University campus in the dark before electrical service was restored.

   Many buildings on campus went dark around 1 p.m. Tuesday, but the lights were back on about 45 minutes later.

   University spokesman Mike Clardy says it's not clear what caused the problem.

   Employees were working in the dark at the football building during the outage, and students posted comments on social media about other buildings being without power.

Business
5:51 am
Wed September 4, 2013

Latino Buying Power Gets Movie Studios' Attention

Instructions Not Included, a film starring and directed by Eugenio Derbez, was made specifically for a Mexican and U.S. Latino audience.
Pantelion Films

Originally published on Wed September 4, 2013 10:12 am

One of the surprise movie hits this past weekend was almost entirely in Spanish. Instructions Not Included made an enormous amount of money per screen, more than $22,000, playing in fewer than 350 theaters. The boys in One Direction had the number one film, but they pulled in less than $6000 per screen. That's a huge victory for star Eugenio Derbez, a household name in Mexico, and for Pantelion films, which has been trying to find a Spanish-language hit in the U.S. film market for a few years now.

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