Business & Education

NPR Story
4:04 am
Thu November 21, 2013

Medicare Project May Provide Better Care Less Expensively

Originally published on Thu November 21, 2013 5:55 am

Fort Dodge, Iowa, is not exactly what you'd think of as a hotbed of health care innovation. But the small town in the western part of the state is part of a Medicare pilot project that economists say could be a pathway to the holy grail of health care: providing better care at a lower cost.

Business
4:04 am
Thu November 21, 2013

Elvis Presley Enterprises Sold To Authentic Brands

Originally published on Thu November 21, 2013 6:18 am

Transcript

RENEE MONTAGNE, HOST:

And our Last Word In Business is, still the King. It's been over three decades since Elvis Presley left this earthly building. But his legacy lives on, and generates about $32 million a year in revenue.

STEVE INSKEEP, HOST:

And now, Elvis Presley Enterprises has a new owner. Authentic Brands Group, which already manages Marilyn Monroe's brand, will acquire rights to Elvis' photos, music, movie and TV appearances, although the price has not yet been disclosed.

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Boeing-Alabama
3:55 pm
Wed November 20, 2013

Ala. Officials Wooing Boeing Aircraft Plant

Huntsville is one of several cities Boeing Co. is considering for a 777x assembly site.
Credit Boeing Co.

State and local leaders are working to lure a Boeing Co. aircraft assembly plant to the Huntsville area.

Gov. Robert Bentley, Huntsville Mayor Tommy Battle and economic developers met Tuesday in Birmingham with representatives of the aircraft manufacturer.

Battle says Huntsville is one of several cities being considered for a 777x assembly site, and Bentley says the company likes Alabama.

Boeing said it would look for a new location to build the airplane after union members rejected a proposed contract in Seattle last week.

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All Tech Considered
10:50 am
Wed November 20, 2013

Russian App Wants E-Book Piracy To End, Happily Ever After

Moscow-based app Bookmate has a subscription e-book service — similar to others on the U.S. market, but with more of a focus on targeting piracy in emerging literary markets.
Courtesty of Bookmate

Originally published on Wed November 20, 2013 2:55 pm

In our Weekly Innovation series, we pick an interesting idea, design or product that you may not have heard of yet. Got an innovation you think we should feature? Fill out our form.

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All Tech Considered
10:35 am
Wed November 20, 2013

Tech Team Podcast Episode 2: The Sharing Economy

NPR correspondents Laura Sydell and Steve Henn introduce this week's tech team podcast from a garage in Silicon Valley.
Cindy Carpien NPR

Originally published on Wed November 20, 2013 4:13 pm

Keeping with our just-started tradition, all the features that we do during our themed reporting week get a new home in a podcast on SoundCloud. The first episode featured kids and technology, this time around, our four stories on the sharing economy get freshened up and hosted by our Silicon Valley correspondents, Steve Henn and Laura Sydell. Just press play or download for your device.

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Business
4:16 am
Wed November 20, 2013

DOJ Signals JPMorgan Deal Could Be Model For Other Cases

Originally published on Wed November 20, 2013 6:34 am

The Justice Department on Tuesday announced a landmark $13 billion settlement with JPMorgan Chase. That's the largest settlement the federal government has ever made with a single company. It's three times the BP Deepwater Horizon Oil Spill settlement.

Politics
3:44 am
Wed November 20, 2013

Obama Concedes Botched Insurance Website Rollout Cost Time

Originally published on Wed November 20, 2013 6:34 am

The Obama administration is asking for people who've been turned off by the government's problem-plagued insurance website to come back. Officials say the website is working better now, though it's still far from fixed.

Business
3:44 am
Wed November 20, 2013

One By One, Businesses Reopen In Typhoon-Hit Tacloban

Originally published on Wed November 20, 2013 8:50 am

Since the typhoon hit the Philippines, doing business in the hardest-hit city of Tacloban has been next to impossible But on Wednesday, five gas stations, two hardware stores and several banks reopened.

Business
3:44 am
Wed November 20, 2013

N.Y. Warehouse Owner Whitewashes Over Graffiti Haven

Originally published on Wed November 20, 2013 6:34 am

The paint covered up decade's worth of graffiti. The building, known as 5 Pointz, was one of the few legal places in New York for artists to practice graffiti.

Business
3:44 am
Wed November 20, 2013

Ohio Wal-Mart Conducts Thanksgiving Food Drive For Its Workers

Originally published on Wed November 20, 2013 6:34 am

Transcript

STEVE INSKEEP, HOST:

Here in the United States, Wal-Mart is trying to play down accusations that it underpays its staff. An effort by employees at an Ohio Wal-Mart to collect food for fellow workers' Thanksgiving dinners has gone viral - and not in a good way.

M.L. Schultze, from member station WKSU, reports some see the food drive simply as people helping people.

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Business
3:44 am
Wed November 20, 2013

Johnson & Johnson Said To Reach Deal On Artificial Hip Suits

Originally published on Wed November 20, 2013 6:34 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a giant hip check.

(SOUNDBITE OF MUSIC)

INSKEEP: You know, sort of like you'd have in basketball or hockey. Johnson & Johnson has agreed to pay out $2.5 billion to settle a lawsuit over faulty artificial hips. The medical products maker will reportedly pay 8,000 American patients $250,000 each for new hip replacement surgery. An additional $475 million will cover other health problems caused by the faulty device which is called the articular service replacement or ASR.

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Poultry Plant Closing
4:26 pm
Tue November 19, 2013

Pilgrim's Pride Corp. Closing Ala. Poultry Plant

Pilgrim's Pride Corp. is closing a poultry plant that employs more than 1,000 people in northeast Alabama.
Credit WHNT-19

The Colorado-based Pilgrim's Pride Corp. is closing a poultry plant that employs more than 1,000 people in northeast Alabama.

A secretary for Boaz Mayor Tim Walker says the company announced Tuesday that it will close a chicken processing plant in the Marshall County town.

Executives told workers about the decision in a meeting at the plant, but a company spokesman didn't immediately return messages seeking comment.

Poultry is a major regional industry, and Pilgrim's Pride is one of the largest employers.

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Energy
3:40 pm
Tue November 19, 2013

California, Colorado Consider Tough Oil And Gas Regulations

Originally published on Tue November 19, 2013 4:54 pm

Colorado and California both just proposed new regulations for oil and gas production in their states. Both states have been pushed by environmental concerns to establish rules tougher than federal requirements. If Colorado's proposal goes ahead, it would be the first state in the nation to directly regulate methane. California also says its proposed rule would be the toughest in the nation. It regulates the engineering technique called hydraulic fracturing, or fracking.

Business
3:40 pm
Tue November 19, 2013

Landmark Deal Will Force JPMorgan To Help Fight Blight

Originally published on Tue November 19, 2013 4:54 pm

A portion of the $13 billion JPMorgan Chase mortgage settlement will go to anti-blight measures across the country. One of the groups that might receive some of those funds is the Thriving Communities Institute in Cleveland, Ohio. Melissa Block talks with the non-profit's director, Jim Rokakis, about how the group tries to fight blight by establishing land banks, demolishing vacant properties and finding new ways to use the land.

Business
3:40 pm
Tue November 19, 2013

JPMorgan, Feds Finalize Record $13 Billion Mortgage Settlement

Originally published on Tue November 19, 2013 4:54 pm

A long-awaited deal between JP Morgan Chase and the Justice Department was finalized Tuesday. The bank — one of Wall Street's largest — agreed to pay a total of $13 billion to resolve a number of legal issues stemming from mortgage securities sold in the run-up to the financial crisis.

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