Originally published on Wed February 13, 2013 5:42 am
Comcast Corp. said Tuesday it will complete its buyout of NBCUniversal from GE for about $16.7 billion, ahead of schedule. Comcast, the nation's largest cable company, has owned 51 percent of NBCUniversal since their $28 billion merger in 2011.
Originally published on Wed February 13, 2013 6:00 am
The Department of Energy will soon decide whether to allow more liquefied natural gas exports. The gas industry argues more exports are good for the U.S. economy. But manufacturers want cheap gas to stay at home and power factories. Environmentalists worry exports will increase drilling across the country even more.
Originally published on Wed February 13, 2013 6:42 am
The credit card company American Express has teamed up with Twitter to allow its customers to buy products just by tweeting about them. Tweet the item you want, confirm your purchase and your item will be delivered.
Originally published on Wed February 13, 2013 5:53 am
Airlines have found another way to make money on top of the base ticket price. Linda Wertheimer talks to Scott McCartney, the airline columnist for The Wall Street Journal, about a new trend in the airline industry.
Increasingly, people are continuing to work past 65. Almost a third of Americans between the ages of 65 and 70 are working, and among those older than 75, about 7 percent are still on the job. In Working Late, a series for Morning Edition, NPR profiles older adults who are still in the workforce.
Retirement isn't what it used to be, or even when it used to be.
U.S. companies that have their networks routinely penetrated and their trade secrets stolen cannot be surprised by a new National Intelligence Estimate on the cyber-espionage threat. The classified NIE, the first-ever focusing on cybersecurity, concludes that the U.S. is the target of a major espionage campaign, with China the leading culprit.
Originally published on Tue February 12, 2013 8:31 pm
Women are paid significantly less, on average, than men — even when they're doing the same jobs. But the gap varies dramatically for workers in different jobs.
The Bureau of Labor Statistics sent us some data on how much women made in comparison to their male counterparts in hundreds of different jobs; here are the jobs where the wage gap is smallest, and those where the gap is biggest. The gap is based on comparisons of full-time workers.
Originally published on Tue February 12, 2013 2:28 pm
Passengers aboard the cruise ship Triumph, set adrift after an engine fire Sunday, will now wait until Thursday before what was billed as a four-day cruise finally ends, the Carnival cruise ship line says. Strong currents have pushed the ship another 90 miles into the Gulf of Mexico, foiling plans to tow it to Progreso, Mexico.
The news comes as those aboard the ship have been reaching out to loved ones on shore to describe life on the stricken vessel, marked by a lack of air conditioning and ventilation below decks, improvised toilets, and sleeping on the open deck.
Let's talk about another high-profile job vacancy - this one for pontiff. Now that Pope Benedict has said he'll step down, everyone is wondering who will replace him. Our last word in business today: holy bookmakers.
RENEE MONTAGNE, HOST:
Gambling houses have placed odds on who might become the next leader of the Catholic world. At the top of the list of frontrunners are men not from Europe. Names like Ghana's Cardinal Peter Turkson and Canada's Cardinal Marc Ouellette, both popular choices among the bookmakers.
Originally published on Tue February 12, 2013 6:08 am
The credit reporting agency TransUnion says people who took on mortgages well after the housing bust are keeping up with their payments. In part, that's because lenders have tightened borrowing criteria.
Jack Lew, the man President Obama has chosen to help oversee the country's biggest banks, has said it plainly — he's no expert on banking. Lew said as much when the Senate was vetting him to head the White House Office of Management and Budget in 2010.
Sen. Bernie Sanders, I-Vt., asked Lew if he thought deregulation of Wall Street caused the financial crisis. Lew said he didn't consider himself the best person to answer that question.
Kentucky is bourbon country. Bar shelves in Louisville are stocked with a crowded field of premium bourbons; the city's Theater Square Marketplace restaurant alone carries close to 170 different brands. So when news trickled out that longtime distillery Maker's Mark plans to water down its bourbon, locals were stunned.
Bourbon has to be aged at least two years — and that's where Maker's Mark got in trouble. Chief Operating Officer Rob Samuels says the company simply didn't make enough.