Business & Education

Politics
3:44 am
Thu October 10, 2013

Shutdown Hits Usually Stable Business: Government Contractors

Originally published on Thu October 10, 2013 6:39 am

Transcript

STEVE INSKEEP, HOST:

More than 400,000 federal workers remain on furlough. That's the situation even after many Defense Department workers were called back to the office. And then there are federal contractors. These are private American business owners and workers who've taken over more and more government functions in recent years and who are now feeling the pain of a shutdown.

NPR's Yuki Noguchi reports.

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Business
3:44 am
Thu October 10, 2013

Ad Dollars Follow Consumer Eyeballs To Smartphones, Tablets

Originally published on Thu October 10, 2013 6:39 am

Transcript

DAVID GREENE, HOST:

OK. You might already know this if you spend some time on the Internet, but revenue for online advertising is way up - reaching more than $20 billion in the first half of 2013 - that's an almost 20 percent hike from the same period last year, according to a report from the Interactive Advertising Bureau.

As NPR's Laura Sydell reports, ads on mobile devices are growing the fastest.

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Politics
3:44 am
Thu October 10, 2013

10 Days Into Shutdown, 'We've Got To Do Better Than This'

Originally published on Thu October 10, 2013 6:39 am

Transcript

STEVE INSKEEP, HOST:

Now, the partial shutdown prompted angry debate across the country. But at the center of that debate, we found quiet yesterday. We dropped by a Senate office building where the halls were empty. Papers taped on doors read: We regret that due to the government shutdown our office is closed. *

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Planet Money
2:00 am
Thu October 10, 2013

What A U.S. Default Would Mean For Pensions, China And Social Security

iStockphoto.com

Originally published on Thu October 10, 2013 11:38 am

What would happen if Congress doesn't raise the debt ceiling and the U.S. defaults on its debt later this month? The broad economic implications are unpredictable, but a default could cause huge trouble for the global economy.

But whatever happens to the global economy, one thing is clear: People all over the world who have loaned the U.S. government money won't get paid on time.

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Business
1:56 am
Thu October 10, 2013

When It Comes To Jobs, Not All Small Businesses Make It Big

Sweetgreen co-founders Nathaniel Ru (from left), Jonathan Neman and Nicolas Jammet at the opening of a Virginia location last year.
Courtesy of Sweetgreen

Originally published on Wed October 16, 2013 3:38 pm

Part of a series about small businesses in America

When it comes to job creation, politicians talk about small businesses as the engines of the U.S. economy. It's been a familiar refrain among politicians from both major parties for years.

But it obscures the economic reality. It makes a nice slogan, but it's not really accurate to say that small businesses produce most of the nation's new jobs, says John Haltiwanger, an economics professor at the University of Maryland.

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Environment
1:56 am
Thu October 10, 2013

Whatever Happened To The Deal To Save The Everglades?

Mechanical harvesters cut sugar cane on U.S. Sugar Corp. land in Clewiston, Fla., in 2008, the same year the state struck a deal to buy most of the company's Everglades holdings.
Joe Raedle Getty Images

Originally published on Thu October 10, 2013 10:49 am

South of Florida's Lake Okeechobee, hundreds of thousands of acres of sugar cane thrive in the heart of one of the world's largest wetlands. The Everglades stretches from the tip of the peninsula to central Florida, north of Lake Okeechobee.

"The Everglades actually begins at Shingle Creek, outside of Orlando," says Jonathan Ullman of the Sierra Club.

That's nearly 200 miles north of the agricultural land that Ullman and other environmentalists say is crucial to state and federal efforts to restore the wetlands area to a healthy ecosystem.

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It's All Politics
5:50 pm
Wed October 9, 2013

Shutdown Diary: Paul Ryan's Plan Gets Tea Party Pushback

Rep. Paul Ryan, R-Wis., offered a path forward in the fiscal stalemate, but Tea Party hard-liners weren't impressed.
Mark Wilson Getty Images

Originally published on Wed October 9, 2013 6:13 pm

Are House Republicans still seeking Democratic concessions on the Affordable Care Act? Or have they switched their sights to even bigger targets: federal spending on entitlements like Medicare and Social Security?

The answer on Wednesday depended on which Republican you asked.

Paul Ryan's Pitch

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Business
4:50 pm
Wed October 9, 2013

Yellen Faces A Tough Job At The Fed From Day 1

President Obama stands with Janet Yellen, his choice to lead the Federal Reserve Board, at the White House on Wednesday.
Charles Dharapak AP

Originally published on Wed October 9, 2013 6:02 pm

Starting a new job is always tough. You want early success to prove you really were the right pick.

That's especially true if you happen to be the first woman to hold that job. Ever.

So when President Obama on Wednesday nominated Janet Yellen to lead the Federal Reserve, she might have had two reactions: 1) Yippee and 2) Uh-oh.

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Economy
4:37 pm
Wed October 9, 2013

Shutdown Leaves Would-Be Homeowners In Limbo

Originally published on Thu October 10, 2013 7:58 am

Transcript

ROBERT SIEGEL, HOST:

The longer the government shutdown continues, the more sectors in our economy are being affected. More and more, the housing market is feeling the pinch. Most economists think if the federal government reopens in the next few days, the damage won't be too bad. But already, some home sales are being delayed and even derailed, as NPR's Chris Arnold reports.

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Politics
4:37 pm
Wed October 9, 2013

Obama Makes Janet Yellen His Official Choice To Head The Fed

Janet Yellen is President Obama's choice to replace Ben Bernanke at the Federal Reserve. The announcement came Wednesday afternoon. If confirmed by the Senate, Yellen will be the first woman to lead the Fed.

Business
4:37 pm
Wed October 9, 2013

Trade Gets Sluggish As The Shutdown Leaves Agencies Shortstaffed

The government shutdown is starting to hamper trade. More than 40 federal agencies involved in trade shipments — from the EPA to the Commerce Department — have trimmed their staffs, resulting in a slowdown or halt of goods.

The Two-Way
2:59 pm
Wed October 9, 2013

Obama Nominates Janet Yellen To Head Federal Reserve

President Obama claps during a press conference to nominate Janet Yellen to head the Federal Reserve in the State Dining Room at the White House on Wednesday.
Win McNamee Getty Images

Originally published on Wed October 9, 2013 3:49 pm

Saying "American workers and families will have a champion in Janet Yellen," President Obama officially nominated her to chair the Federal Reserve, once Ben Bernanke completes his term in January.

Yellen "is the kind of person who makes everybody around her better," Obama said, adding that Yellen is "extremely well qualified" and "renowned for her good judgement."

Obama made the announcement at the White House on Wednesday, flanked by Yellen and outgoing Fed chief Ben Bernanke. If confirmed, Yellen will be the first woman to head the American central bank.

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All Tech Considered
2:25 pm
Wed October 9, 2013

An Innovation For Pain Relief That's Worthy Of Some Buzz

Buzzy uses high-frequency vibration and a cold pack to make shots, well ... if not enjoyable, then at least bearable.
MMJ Labs

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The Salt
12:11 pm
Wed October 9, 2013

Sweet. Tart. Crunchy: How To Engineer A Better Apple

The just-released Riverbelle is one of well over 100 new apple varieties to hit markets around the world in the past six years.
Courtesy of Honeybear Brands

Originally published on Wed October 9, 2013 3:04 pm

Browsing farmers markets this fall, you may find some new apple varieties mixed in with the Granny Smiths, McIntoshes and Fujis. Susan Brown, head of the apple breeding program at Cornell University, estimates that there have been 130 new apples released around the world in the past six years.

This summer, she contributed two more to that tally: the SnapDragon and the Ruby Frost.

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The Salt
11:25 am
Wed October 9, 2013

Meet Dave, A 19-Year-Old Craft Beer With A $2,000 Price Tag

Hair of the Dog releases a few bottles of Dave a year. In September, the 12 bottles of Dave on sale for $2,000 apiece sold out within a few hours.
Courtesy of Alan Sprints

Originally published on Fri October 11, 2013 5:00 pm

Hair of the Dog Brewery in Portland, Ore., makes a beer so rare, and so sought after, that it can fetch $2,000 a bottle.

It's called Dave. And no, it's not something out of a Portlandia sketch.

Dave is a barleywine — a strong, dark beer with 29 percent alcohol content. It's been aged for 19 years, first in oak barrels and then glass bottles.

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