Business & Education

Media
3:39 pm
Fri November 8, 2013

In Reversal, CBS Retracts Account From '60 Minutes' Benghazi Source

Originally published on Fri November 8, 2013 7:08 pm

Transcript

AUDIE CORNISH, HOST:

CBS News has retracted a key segment of a "60 Minutes" report that aired in late October. The story chronicled the deadly attack on the U.S. mission in Benghazi, Libya. As NPR's media correspondent David Folkenflik reports, CBS had defended its stories - its story for days. This was despite growing doubts about the credibility of a source, a British security contractor.

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Economy
3:39 pm
Fri November 8, 2013

October Added More Jobs Than Expected, But Are They Good Jobs?

Originally published on Fri November 8, 2013 7:08 pm

Transcript

MELISSA BLOCK, HOST:

From NPR News this is ALL THINGS CONSIDERED. I'm Melissa Block in Washington.

AUDIE CORNISH, HOST:

And I'm Audie Cornish at NPR West in Culver City, California. This morning many economists were bracing for disappointing numbers from the Labor Department. But in fact, October hiring beat the estimates. Businesses seemed to shrug off last month's government shutdown, although the unemployment rate did tick up slightly to 7.3 percent. NPR's Yuki Noguchi explains.

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All Tech Considered
2:11 pm
Fri November 8, 2013

Tech Week: Twitter Takes Off, Audie Cornish In Silicon Valley

Will It Fly? The Twitter logo decorated a post on the floor of the New York Stock Exchange on Wednesday.
Richard Drew AP

It's time for our Friday round-up of the tech and culture stories from NPR and beyond. Here we go ...

ICYMI

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Business
11:59 am
Fri November 8, 2013

What Really Got Measured In This Month's Jobs Report?

Graphic designer Tom Sadowski, 65, works from home in Sterling, Va., in October. Many experts believe the economy is becoming too complicated for the Bureau of Labor Statistics to measure accurately using current methods.
Manuel Balce Ceneta AP

Originally published on Fri November 8, 2013 1:58 pm

In October, private employers did a lot of hiring, but a government shutdown forced hundreds of thousands of workers to stay home.

Those federal furloughs offset 204,000 jobs created last month — enough to push the unemployment rate one tick higher to 7.3 percent, the Labor Department said on Friday.

Or maybe the end of that sentence should read: the Labor Department guessed on Friday.

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The Two-Way
8:05 am
Fri November 8, 2013

More Jobs Than Expected Added, But Jobless Rate Rose In Oct.

Joe Raedle Getty Images

Originally published on Fri November 8, 2013 9:12 am

  • On 'Morning Edition': NPR's John Ydstie previews the October jobs report

There were 204,000 jobs added to payrolls in October, about 80,000 more than economists expected. But the jobless rate edged up to 7.3 percent from 7.2 percent the month before, the Bureau of Labor Statistics reported Friday.

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All Tech Considered
8:02 am
Fri November 8, 2013

Lost Luggage? Airlines Have Got A Brand New (Electronic) Tag

Lost luggage can be one of the inconveniences of travel.
iStockphoto.com

Originally published on Mon November 11, 2013 3:29 pm

With holiday travel right around the corner, many Americans will have to decide whether to carry on or to check their baggage. Each decision comes with its own hassles.

By 2014, airlines are hoping to make you sweat less when you decide to check your bags. They will introduce an electronic tag system that allows you to track your suitcase's exact location on your smartphone during your travels.

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Economy
3:47 am
Fri November 8, 2013

Unemployment Rate Rises To 7.3 Percent

Originally published on Fri November 8, 2013 9:17 am

Employers added 204,000 jobs to payrolls in October. The jobless rate edged up a bit, but that was likely a temporary phenomenon caused by the partial shutdown of the federal government. For more, Renee Montagne talks with NPR's John Ydstie.

Business
3:47 am
Fri November 8, 2013

Job Applicants Find Position Titles Confusing

Originally published on Fri November 8, 2013 9:17 am

Transcript

DAVID GREENE, HOST:

And our last word in business today is: Jobbledygook.

One of the many challenges in finding the right job these days, turns out can be just figuring out what recruiters are actually offering.

RENEE MONTAGNE, HOST:

The website MyJobMatcher compiled the list of the most ridiculous job titles after a number of applicants complained that they didn't understand what the positions entailed.

GREENE: And who can blame people for being confused? A paper boy is now a, quote, "media distribution officer."

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Business
3:47 am
Fri November 8, 2013

Twitter's Value Soars To Nearly $25 Billion

Originally published on Fri November 8, 2013 9:17 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with Twitter's IPO.

(SOUNDBITE OF MUSIC)

MONTAGNE: As we all know, Twitter began trading on the New York Stock Exchange yesterday and that little blue bird soared. By the closing bell, Twitter was worth nearly $25 billion.

DAVID GREENE, HOST:

But this initial public offering really began in the middle of the week with Twitter selling stock at $26 a share to big investors. It went public Thursday and the price almost doubled.

NPR's Steve Henn reports.

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Business
3:47 am
Fri November 8, 2013

Neflix To Stream Original Series Based On Marvel Characters

Originally published on Fri November 8, 2013 9:17 am

Transcript

RENEE MONTAGNE, HOST:

It was a wham, boom, pow kind of an announcement from Netflix. They're making four original series based on Marvel Comics.

NPR's Neda Ulaby reports on why Netflix is leaping into the business of capes, masks and superpowers.

NEDA ULABY, BYLINE: Netflix has gotten a reputation for decidedly grown-up original series, "Orange Is The New Black," "House of Cards" and the revival of "Arrested Development."

(SOUNDBITE OF TV SHOW, "ARRESTED DEVELOPMENT")

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Shots - Health News
2:06 am
Fri November 8, 2013

Persistence Pays Off For Uninsured Alaskan

Hairdresser Lara Imler used to be an accountant. She doesn't miss her old job, except for the insurance.
Annie Feidt

Originally published on Fri November 8, 2013 9:17 am

Despite all the problems with HealthCare.gov, a few dozen Alaskans have managed to enroll in a health plan through the marketplace. Lara Imler is one of them.

Imler, a 37-year-old hair stylist in Anchorage, ditched her office job as an accountant in 2004. She says she loves making people feel better about themselves and is a lot happier cutting hair than she was sitting in front of a computer. But she does miss one big thing about her old job: "I had health insurance, and it was wonderful."

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Planet Money
4:50 pm
Thu November 7, 2013

What Happened To Those TV Ads For Payday Loans?

Western Sky

Originally published on Thu November 7, 2013 5:51 pm

On TV this summer, you might have seen this ad with a smiling young woman offering help for all those troublesome bills.

"The problem-solver from Western Sky. Get up to $10,000 without collateral. Enough to pay off your payday advances, once and for all," she says.

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Cullman-Job Creation
4:27 pm
Thu November 7, 2013

Auto Parts Manufacturer Opening Cullman Plant

Switzerland-based REHAU, Inc. is planning to open a research and development facility in Cullman.
Credit REHAU

An auto parts manufacturing company has announced plans to build a plant in northern Alabama and create 140 new jobs in its first five years of operation.

Gov. Robert Bentley announced Thursday that Muri, Switzerland-based REHAU, Inc. is planning to open a research and development facility in Cullman.

State officials say the company, which was founded in Germany, is spending about $2.5 million on the planned 20,000 square-foot facility.

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Alabama St-Presidential Finalist
4:12 pm
Thu November 7, 2013

Panel Names 4 Finalists For Alabama St Presidency

A search committee has released the names of four finalists seeking the presidency of Alabama State University.
Credit meetmycollege.com

A search committee has released the names of four finalists seeking the presidency of Alabama State University.

The list made public Wednesday includes state Sen. Quinton Ross of Montgomery and Gwendolyn Boyd of Montgomery, who had a long career at John Hopkins University.

The other finalists include retired Brig. Gen. Samuel Nichols of Virginia, a former deputy commander at Guantanamo Bay, and the business dean at George Mason University, Jorge Haddock.

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All Tech Considered
3:45 pm
Thu November 7, 2013

On Twitter's IPO Day, A Look At How 5 Tech Stocks Have Fared

Rick Wilking Reuters/Landov

Originally published on Thu November 7, 2013 5:09 pm

As eyes turned to the markets on Twitter's first day of trading, NPR wondered how some other tech stocks have performed since their IPOs. (Twitter closed at $44.90 Thursday, about 73 percent above its IPO price of $26 a share.)

Some of these stocks have soared. Others have stumbled.

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