Business & Education

Monkey See
11:39 am
Tue November 26, 2013

Katie Couric And Yahoo!: Two Brands Wondering What's Next

Katie Couric made her name on NBC's Today show, which she hosted for 15 years. Since leaving the network in 2006, Couric has anchored CBS Evening News and launched her own daytime talk show on ABC, Katie.
Ida Mae Astute AP

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

Depending on which analyst you read, Katie Couric's move to become "global anchor" for Yahoo! News is either a "bad bet" and an "awkward fit," or an "upheaval in the pecking order" that could "signal the end of old media dominance."

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The Two-Way
11:27 am
Tue November 26, 2013

Supreme Court Will Hear New Challenge To Health Law

The Supreme Court has agreed to hear cases brought by companies who say they have religious objections to the Affordable Care Act's requirement that they offer employees health insurance that includes contraception benefits.

In a statement released late Tuesday morning, justices say they have consolidated four related cases and will hear one hour of oral arguments. That will happen next year, likely in late March.

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The Two-Way
8:18 am
Tue November 26, 2013

Home Prices Rise Again; Consumer Confidence Dips

Housing has been one of the economy's bright spots.
Steven Senne AP

Originally published on Tue November 26, 2013 9:07 am

While home prices rose in major cities across the nation during the third quarter, data suggest that the housing market is beginning to shift to a slower rate of growth, according to the economists who put together the latest S&P/Case-Shiller Home Price Indices report.

Their statistics show prices rose 3.2 percent in the quarter and were up 11.2 percent from a year earlier.

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The Two-Way
6:23 am
Tue November 26, 2013

Book News: Secret Video Documents Conditions In Amazon Warehouse

A worker at the Amazon fulfillment center in Swansea, Wales, processes orders in 2011.
Matt Cardy Getty Images

Originally published on Tue November 26, 2013 7:58 am

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

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Business
4:14 am
Tue November 26, 2013

Longtime Wal-Mart Employee Chosen As CEO

Originally published on Tue November 26, 2013 12:28 pm

Transcript

DAVID GREENE, HOST:

NPR's business news begins with a new chief at Wal-Mart.

(SOUNDBITE OF MUSIC)

GREENE: Doug McMillon of Jonesboro, Arkansas, started at Wal-Mart in 1984. It was a summer job, he was unpacking trucks. Yesterday, he was named as the retail giant's new CEO. Not only is the 47-year-old McMillon an insider who rose through the ranks, he's one of the few executives who actually worked under founder Sam Walton.

Business
4:14 am
Tue November 26, 2013

FDA Tells Company To Stop Selling Genetic Test

Originally published on Tue November 26, 2013 12:28 pm

Transcript

STEVE INSKEEP, HOST:

A high-profile genetic medical testing company is in trouble with the federal government. The Food and Drug Administration has asked 23 And Me to temporarily halt its work.

As NPR's Rob Stein reports, the FDA has accuracy concerns.

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Business
4:14 am
Tue November 26, 2013

Uncollected Change At TSA Security Gates Adds Up

Originally published on Tue November 26, 2013 12:28 pm

Transcript

STEVE INSKEEP, HOST:

If you're in the right place in the right time, you could fund your company with spare change. Because our last word in business today is: Economy Class.

Imagine you're in an airport security line and realize you have loose change in your pocket.

DAVID GREENE, HOST:

You know, you plop your coins into that little plastic bin, send it down the x-ray conveyor belt and maybe forget to pick up the change.

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The State Of The American Small Business
1:57 am
Tue November 26, 2013

Small Firms May Soon Turn To Crowdfunding To Sell Shares

iStockphoto

Originally published on Tue November 26, 2013 12:28 pm

Crowdfunding is popular among musicians, filmmakers and artists looking for a way to finance their next project.

Now the Securities and Exchange Commission is considering rules that, for the first time, would allow small companies to solicit investments over the Internet and sell shares to the general public.

For some small firms, these new rules come as welcome news.

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Shots - Health News
4:05 pm
Mon November 25, 2013

FDA Tells 23andMe To Stop Selling Popular Genetic Test

YouTube

Originally published on Tue November 26, 2013 12:41 pm

You don't need to be an expert in the regulations covering medical tests to know that the Food and Drug Administration has just about had it with Silicon Valley's 23andMe.

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Parallels
7:48 am
Mon November 25, 2013

After The Storm: Commerce Returns To Damaged Philippines City

In the past week, this street market in Tacloban has grown exponentially as people try to earn money to rebuild their lives.
Frank Langfitt/ NPR

Originally published on Mon November 25, 2013 12:11 pm

Commerce has returned to the storm-savaged streets of Tacloban in the past week. People sell bananas along the roads, and a bustling market has sprung up across several blocks downtown.

Jimbo Tampol, who works for a local Coca-Cola distributor, drives across Tacloban selling ice-cold sodas from coolers. In a city where there is no electricity and little refrigeration, a cold soda is a big deal, a symbol of normalcy.

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Health Care
4:07 am
Mon November 25, 2013

Health Exchanges Brace For A December Deluge

Originally published on Mon November 25, 2013 12:11 pm

The race is on to get the federal insurance website HealthCare.gov working smoothly by the end of November.

And it's not just because that's what federal officials have promised. December could see a surge in demand for health insurance.

"There is an avalanche coming," says Bryce Williams, managing director for exchange solutions at the benefits consulting firm Towers Watson.

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Business
4:07 am
Mon November 25, 2013

China Pits Hollywood Blockbusters Against Each Other

Originally published on Mon November 25, 2013 12:11 pm

The 3D space epic Gravity made $35.5 million over its first weekend in China. Catching Fire, the second in the Hunger Games franchise opened two days later. The China Film Group says it does that to "create a space for domestic movies to survive and grow."

Business
4:07 am
Mon November 25, 2013

Swiss Voters Reject Attempt To Limit Executive Pay

Originally published on Mon November 25, 2013 12:11 pm

Transcript

DAVID GREENE, HOST:

NPR's business news starts with no salary cap for Swiss executives.

(SOUNDBITE OF MUSIC)

GREENE: A proposal in Switzerland to limit executive pay has been rejected by voters there. As we reported on the program last week, the initiative would have meant that an executive could never earn more money in a month than what the lowest-paid employee earns in a year.

Code Switch
1:55 am
Mon November 25, 2013

Hollywood's New Strategy: Supporting Chinese-Made Blockbusters

Hollywood's version of Iron Man 3 shown in China played down the rather unfortunately named baddie, The Mandarin, played by Ben Kingsley.
Marvel

Originally published on Mon November 25, 2013 12:11 pm

If you've seen the 2012 science fiction movie Looper, you might remember a telling exchange when a time-traveling hitman (Bruce Willis) sits down with a young version of himself (Joseph Gordon-Levitt) and offers some advice.

"You should go to China," Willis says firmly.

Gordon-Levitt resists: "I'm going to France."

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Middle East
1:52 am
Mon November 25, 2013

Crippled By Sanctions, Iran's Economy Key In Nuclear Deal

A man pushes his cart loaded with fuel containers in Tehran, Iran. Sanctions on Iran's oil have put a serious dent in the country's economy, pushing up the inflation rate to 40 percent.
Vahid Salemi AP

Originally published on Mon November 25, 2013 12:11 pm

Some of the sanctions against Iran will be eased under an agreement reached between Iran and six world powers over the weekend. In return, Iran promises to temporarily curb part of its nuclear program.

There's widespread agreement that sanctions have worked, squeezing Iran financially and bringing its leaders to the negotiating table. Iran's economy is, by any measure, in terrible shape.

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