Business & Education

Analysis
3:50 am
Tue October 15, 2013

Columnist Doubts Parties Can Resolve Fundamental Differences

Originally published on Tue October 15, 2013 4:08 am

Steve Inskeep talks to Jonathan Chait, a commentator for New York magazine about how liberals are viewing the current budget negotiations in Congress, and if they might be willing to compromise on a deal.

World
3:50 am
Tue October 15, 2013

For European Gangs, A Gem Of A Growth Industry: Jewel Heists

Police display some of the jewelry recovered from the 2008 robbery of Harry Winston jewelers in Paris. Thieves snatched loot estimated to be worth $105 million.
Francois Guillot AFP/Getty Images

Originally published on Tue October 15, 2013 3:53 pm

Thieves, using axes and smoke grenades, break into a Swiss luxury watch store and make off with more than $2 million in loot.

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Business
3:50 am
Tue October 15, 2013

Is It Too Soon To Worry About Holiday Retail Sales?

Originally published on Tue October 15, 2013 4:14 am

The calendar says October, but retailers and economists are already analyzing the holiday shopping season. With budget battles gripping Washington and an economy that's still recovering, there are mixed feelings about how far shoppers will open their wallets.

Business
3:50 am
Tue October 15, 2013

Burberry CEO To Leave For Job At Apple

Originally published on Tue October 15, 2013 5:58 am

Angela Ahrendts will oversee the expansion of Apple retail and online stores. It's a newly created position for Ahrendts, who will report directly to Apple CEO Tim Cook. Since taking over Burberry in 2006, Ahrendts has nearly tripled revenue for the company — known for its distinctive tartan patterns.

Around the Nation
3:50 am
Tue October 15, 2013

Harvest Brings Farm Families Together, Redefines Commitment

Originally published on Tue October 15, 2013 4:36 am

Transcript

STEVE INSKEEP, HOST:

Now, here's a reality about farming. From the earliest days of this country, it's been an uncertain business, and for many decades, national policies have been designed to smooth out that risk. But, of course, the risk never entirely goes away. You can never control the rain, for example, and lately the uncertainty has been growing. Corn prices are down. The farm bill is stalled in Congress and there's a sense that good times may be fading.

From Nebraska, Grant Gerlock of NET News brings us his report.

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Business
3:50 am
Tue October 15, 2013

Art Buyers Didn't Know They Were Getting Banksy Cheap

Originally published on Tue October 15, 2013 7:54 am

A street vendor outside New York's Central Park sold eight prints by the mysterious British street artist who goes by the name Banksy. Some of Banksy's most recognizable works sold for just $60. Many of the pieces are estimated to be worth more than $30,000. It was part of a social experiment.

Around the Nation
1:51 am
Tue October 15, 2013

One Roof, Many Generations: Redefining The Single-Family Home

Three generations live under this roof: (from left) 19-year-old Jamie Dusseault, grandmother Jacque Ruggles, mother Marci Dusseault and 22-year-old Chelsie Dusseault.
Peter O'Dowd KJZZ

Originally published on Mon October 28, 2013 9:12 am

New homes are back in a big way — literally. This summer, a typical new house in Phoenix was more than 20 percent larger than a resale home as builders across the country added more space to accommodate post-recession lifestyles.

Take Jacque Ruggles' family, for example. Four women from three generations live under one roof.

"I'm the matriarch," Ruggles says. "I'm grandma."

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All Tech Considered
1:37 am
Tue October 15, 2013

A Company's Tweets Can Help Make It Creditworthy

Courtesy of Kabbage

Originally published on Tue October 15, 2013 12:25 pm

For many online and other small businesses, getting a loan or a big cash advance is tough. Banks and other traditional lenders are often leery of those without years of financial statements and solid credit scores.

But some lenders and other financial services companies are beginning to assess credit risk differently — using criteria you might not expect.

Jeffrey Grossman is an acupuncturist in Bellingham, Wash. He's also a small businessman. He creates media marketing materials for other acupuncturists hoping to expand their practice.

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The Two-Way
4:31 pm
Mon October 14, 2013

Today Is The Last Day For The 'International Herald Tribune'

An image showing the final front page of The International Herald Tribune, published Monday Oct. 14. The newspaper will become The International New York Times Tuesday.
New York Times

Originally published on Mon October 14, 2013 11:49 pm

Monday marks the last day of newsstand sales of the International Herald Tribune, the newspaper that was once instrumental in keeping American expatriates up to date on their homeland. On Tuesday, the paper will bear a new name: The International New York Times.

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Economy
4:02 pm
Mon October 14, 2013

Three Americans Win Nobel Economics Prize

Originally published on Mon October 14, 2013 5:19 pm

Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block.

The Nobel Memorial Prize in Economics went to three American professors today. In announcing the honor, the Royal Swedish Academy of Sciences said the men all contribute to our understanding of how markets price things like stocks and homes. But as NPR's Dan Bobkoff reports, that doesn't mean the three economists always agree.

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World
4:02 pm
Mon October 14, 2013

Lac-Mégantic Blast Leaves Impact On Town, Rail Industry

Crews are scrambling to clean up toxic contamination in Lac-Mégantic, Quebec, and many locals have been forced out of their homes and businesses for at least a year.
Brian Mann NCPR

Originally published on Mon October 14, 2013 5:19 pm

Three months ago, a train carrying American crude oil derailed and exploded in the heart of Lac-Mégantic, Quebec, killing 47 people.

Local leaders now say recovering from the disaster will take much more time, effort, and money than they expected.

Industry experts say the accident could change the way oil and other dangerous chemicals are transported on trains in North America.

An Empty Village

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All Tech Considered
1:10 pm
Mon October 14, 2013

'Menstrual Man' Had An Idea To Help Indian Women

Arunachalam Muruganantham installs his machine in a village in Chhattisgarh, India.
Amit Virmani

Originally published on Fri October 18, 2013 2:02 pm

Arunachalam Muruganantham had his light bulb moment when he was 29 years old, and holding a sanitary napkin for the first time.

Examining the cotton pads he was buying as a gift for his new wife, the Indian entrepreneur realized that the multinational company that produced them was probably spending cents on raw materials, and making a huge profit.

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Planet Money
8:45 am
Mon October 14, 2013

Economics Nobel: Nobody Knows What Stocks Are Going To Do Today

The Nobel Foundation

If you want to honor today's Nobel laureates in economics, turn off CNBC and ignore everyone who says they know what the stock market is going to do today, tomorrow, or next week.

The award went to three economists — Eugene F. Fama, Lars Peter Hansen and Robert J. Shiller — for their work studying asset prices.

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The Two-Way
8:12 am
Mon October 14, 2013

Americans Win Economics Nobel For Interpreting Stock Prices

Three American professors have won the 2013 Nobel Prize for Economics for their work in identifying long-term trends in the prices of stocks and bonds, based in part on analyzing the role of risk.

Professors Robert J. Shiller of Yale University and Eugene F. Fama and Lars Peter Hansen, both of the University of Chicago, won "for their empirical analysis of asset prices," the Royal Swedish Academy said in announcing the honor Monday.

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Business
6:46 am
Mon October 14, 2013

3 American Economists Win Nobel Prize

Transcript

STEVE INSKEEP, HOST:

OK, the Nobel Memorial Prize in economics was awarded today to three American men - Eugene Fama, Lars Peter Hansen, Robert Shiller. The Nobel committee cited their research in the predictability of stock prices, as well as other asset prices. We're going to find out more now from Zoe Chace of NPR's Planet Money team. She's on the line. Hi, Zoe.

ZOE CHACE, BYLINE: Hi, Steve.

INSKEEP: Each of these guy's names is a little familiar, I think to the layman, especially maybe Shiller. Who are they?

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