Business & Education

Business
4:11 am
Wed November 13, 2013

The Last Word In Business: Soaring Price Of Bacon

Originally published on Wed November 13, 2013 6:50 am

The late Irish-born painter Francis Bacon is known for dark and often disturbing imagery. Bacon's work shattered records when his portrait, "Three Studies of Lucian Freud," sold for more than $142 million.

U.S. Commutes: The Way We Get To Work
2:23 am
Wed November 13, 2013

How A Free Bus Shuttle Helped Make A Small Town Take Off

There were 1.5 million boardings on the Emery Go Round last year. Zikhona Tetana, a visiting scientist from South Africa, is taking the Emery Go Round to a Lawrence Berkeley National Laboratory facility in Emeryville. "It's convenient and always on time," she says.
Cindy Carpien NPR

Originally published on Wed November 13, 2013 2:18 pm

This story is part of an ongoing project on commuting in America.

What's known as the "last mile" of a commute can be the Holy Grail for many city transportation planners. How do you get people from their major mode of transportation – like a train station – to their final destination?

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U.S. Commutes: The Way We Get To Work
2:21 am
Wed November 13, 2013

Forget The Car Keys — This Commute Requires A Paddle

Stephen Linaweaver has been kayaking from Oakland, Calif., to work in San Francisco for four years.
Courtesy of Dan Suyeyasu

Originally published on Wed November 13, 2013 12:41 pm

This story is part of a project on commuting in America.

We all know what it's like to be stuck in traffic. But what about paddling under it?

For kayak commuter Stephen Linaweaver, there is no rush hour or gnarly gridlock. His biggest commute worry is a really big ship.

Linaweaver kayaks from Oakland, Calif., to his job as a sustainability consultant in San Francisco. His hourlong commute begins at the Port of Oakland each morning at 7.

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The Sharing Economy: A Shift Away From Ownership?
2:16 am
Wed November 13, 2013

What's Mine Is Yours (For A Price) In The Sharing Economy

Diners take part in the Herbal Remedy Picnic event, a meal arranged through food sharing site Feastly, in Washington, D.C.
Jeff Wilkes

Originally published on Wed November 13, 2013 2:32 pm

This week on-air and online, the tech team is exploring the sharing economy. You'll find the stories on this blog and aggregated at this link, and we would love to hear your questions about the topic. Just email, leave a comment or tweet.

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Business
4:16 pm
Tue November 12, 2013

Airline Antitrust Deal Seen Boosting Competition At Airports

An American Airlines jet passes the Washington Monument as it lands at Ronald Reagan National Airport. That's one of seven airports where American and US Airways must now make room for low-cost competitors under a settlement with the Justice Department.
Mark Lennihan AP

Originally published on Wed November 13, 2013 3:21 pm

From the start, airline analysts had been predicting that an antitrust lawsuit would not stop the $11 billion deal to combine US Airways and American Airlines.

They saw the suit, filed in August, as a government negotiating tactic, not a deal-breaker.

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Politics
4:12 pm
Tue November 12, 2013

Obama Taps Treasury's Bailout Lawyer To Lead Derivatives Watchdog

Originally published on Tue November 12, 2013 4:56 pm

Timothy Massad is nominated to head the Commodities Futures Trading Commission. He would replace Gary Gensler, whose four-year tenure was marred by questions of his professional ties to Jon Corzine and the downfall of MF Global.

Business
4:12 pm
Tue November 12, 2013

Justice Department Approves American, U.S. Airlines Merger

Originally published on Tue November 12, 2013 4:56 pm

The Justice Department approved an airline merger Tuesday that will create the world's largest carrier. AMR, the parent of American Airlines, and U.S. Airways agreed to divest a number of slots and gates at key airports in order to enhance competition.

Energy
4:12 pm
Tue November 12, 2013

Ethanol Is Center Stage In Fight Over American Fuel Tanks

Originally published on Tue November 12, 2013 4:56 pm

Two large industries — agriculture and oil — are fighting a pitched battle over access to your car's fuel tank. Americans are buying less gasoline, but a federal law requires the country to include an increasing amount of corn-based ethanol in the country's fuel supply. Facing billions of dollars in lost sales, the oil industry wants the government to reverse course on ethanol.

West Alabama-Auto Program
3:36 pm
Tue November 12, 2013

Univ. Of West Ala. Starting Automotive Program

The University of West Alabama is getting some help as it starts a new automotive program.
Credit University of West Alabama

The University of West Alabama is getting some help as it starts a new automotive program.

The school at Livingston has received a grant of $100,500 from the Delta Regional Authority that will be used to buy equipment for a new automotive technician certification program.

The program is designed to train workers for part suppliers for Mercedes Benz. The companies are expanding operations following a $2.4 billion investment by the German automaker to add production lines at its plant near Tuscaloosa.

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Parallels
1:22 pm
Tue November 12, 2013

Do For-Profit Schools Give Poor Kenyans A Real Choice?

Young students in a Bridge International Academy school in Nairobi, in September. On the surface, there's little to distinguish these schools from others in the developing world. But Bridge's model relies on teachers reading lessons from tablets.
Frederic Courbet for NPR

Originally published on Tue April 22, 2014 12:54 pm

Bridge International Academies has set up more than 200 schools in Kenya over the past four years, and plans to open 50 more in January.

Using a school-in-a-box model, Bridge's founders say it gives primary schoolkids a quality education for roughly $5 a month.

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The Two-Way
11:12 am
Tue November 12, 2013

Justice Reaches Deal To Allow American, US Airways Merger

A US Airways plane rests near two American Airlines jets at Ronald Reagan Washington National Airport last year. The combined carrier would be named American Airlines.
Jim Watson AFP/Getty Images

Originally published on Tue November 12, 2013 11:57 am

The Justice Department has reached a deal that will allow for the merger of American and US Airways, opening the door to the creation of the world's largest airline.

The merger still needs final approval from a bankruptcy court.

The U.S. had hoped to block the merger arguing that it would result in less competition and higher prices for consumers.

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The Salt
10:12 am
Tue November 12, 2013

Have Bitcoin To Burn? Next Stop Could Be The Farm

Economists say small-business owners — especially farmers dealing in high volume and low profit margins — are more likely to accept a volatile currency like Bitcoin than bigger businesses.
Allen Sheffield Flickr

Originally published on Tue November 12, 2013 1:54 pm

For food producers who sell directly to consumers, credit cards are both a blessing and a curse.

They're a way to do business with cashless customers, but 3 percent of every credit card sale is usually charged to the farmer as a transaction fee. That adds up in a high-volume, low-profit business like agriculture.

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The Two-Way
9:21 am
Tue November 12, 2013

Bailout Chief Tapped For Tougher Job: Regulating Derivatives

Meet the new boss? Timothy Massad, left, is to be nominated to replace Gary Gensler, right, as chairman of the Commodity Futures Trading Commission.
Official portraits from the Treasury Dept. and CFTC

Originally published on Wed November 13, 2013 9:33 am

The news, as Bloomberg Businessweek writes, is that:

"Timothy Massad, the Treasury Department official responsible for overseeing the U.S. rescue of banks and automakers after the credit crisis, will be nominated to head the country's top derivatives regulator."

But leave it to The Wall Street Journal to neatly sum things up in a headline:

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Business
4:14 am
Tue November 12, 2013

Detroit Billionaire Goes On Real Estate Buying Binge

Originally published on Tue November 12, 2013 7:47 am

Despite the bankruptcy, parts of downtown Detroit are going gangbusters, and that's in large part because of one guy. Online mortgage mogul Dan Gilbert has bought up 40 buildings and counting. He's filling those buildings — some of which used to be vacant — with new businesses. But some residents are wary of his expanding reach in the city.

Business
4:14 am
Tue November 12, 2013

Millions Will Be Lost If Mexico Doesn't Go To World Cup

Originally published on Tue November 12, 2013 7:15 am

Transcript

STEVE INSKEEP, HOST:

Tomorrow in Mexico, the unthinkable may occur. The nation's beloved soccer team may fail to qualify for next year's World Cup in Brazil. OK, this may not be the grimmest news to come out of Mexico in recent years, but it will be a blow.

And it's a business story because as NPR's Carrie Kahn reports from Mexico City, the team's failure could cost broadcasters, sponsors and sports teams hundreds of millions of dollars.

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