Business & Education

Business
4:11 am
Tue September 24, 2013

Deal Would Take Ailing BlackBerry Private

Originally published on Tue September 24, 2013 8:13 am

Transcript

DAVID GREENE, HOST:

The ailing Smartphone maker Blackberry announced that it has tentatively agreed to be sold to a group of investors for $4.7 billion. This is the latest troubling sign for a company that has been hemorrhaging money and has massive layoffs planned. Blackberry was once synonymous with Smartphones. Many of the people once addicted to these devices, though, have moved on to glitzier products.

We've got Bloomberg technology columnist Rich Jaroslovsky on the line with us. Rich, good morning.

RICH JAROSLOVSKY: Good morning.

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Politics
4:11 am
Tue September 24, 2013

Sen. Cruz Battles To Regain Trust Of GOP House Members

Originally published on Tue September 24, 2013 8:13 am

Transcript

DAVID GREENE, HOST:

And President Obama is also paying close attention to what's unfolding on Capitol Hill this week. Senate Majority Leader Harry Reid tried to move forward yesterday on a bill to keep the government running past October 1st.

(SOUNDBITE OF SENATE SESSION)

SEN. HARRY REID: I ask unanimous consent the Senate proceed to Executive Session to consider nominee number...

SEN. TED CRUZ: Mr. President.

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Business
4:11 am
Tue September 24, 2013

Volkswagen To End VW Van Production

Originally published on Tue September 24, 2013 8:13 am

Transcript

DAVID GREENE, HOST:

That's nice. Today's last word in business is: Hippie Bus. It was the ride of choice during the Summer of Love. The Volkswagen van. We are told Steve Jobs sold his in the '70s in order to buy a circuit board. Well, that iconic van is soon to be made no more.

NPR's Lourdes Garcia-Navarro reports.

LOURDES GARCIA-NAVARRO, BYLINE: Many owners gave their names because they were idiosyncratic, colorful cheap and had a tendency to break down. Full disclosure, ours was called Gertie.

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Business
4:03 am
Tue September 24, 2013

Small Businesses: Big Concerns And High Hopes

Since the recession ended, small businesses have started to rebound. But they still face headwinds.
iStockphoto.com

Originally published on Wed October 16, 2013 3:37 pm

Safe to say, Americans love small business. Or at least the Idea of Small Business.

President Obama once told owners: "What you share is an entrepreneurial spirit, a tireless work ethic and a simple hope for something better that lies at the heart of the American ideal. Businesses like yours are the engines of job growth in America."

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Business
2:58 am
Tue September 24, 2013

When It Comes To Businesses, How Big Is Small?

iStockphoto.com

Originally published on Wed October 16, 2013 3:41 pm

First in a series about small businesses in America.

Small businesses are celebrated and exalted as the hard-working, most deserving members of the political economy. They get tax breaks, and they're touted as the engines of job creation.

But a basic question: What is a small business? It turns out there is no one definition.

Classifications Of Small

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The Two-Way
1:43 am
Tue September 24, 2013

Burger King: Customers Can Have Their Fries And Eat Them, Too

Originally published on Tue September 24, 2013 11:41 am

The world's No. 2 hamburger chain is rolling out lower fat, lower calorie french fries Tuesday.

Burger King says it hopes its Satisfries will attract health-conscious customers who have cut back on fries.

A small order of the new crinkle-cut fries has 270 calories, compared with 340 calories for a small order of regular fries.

Executives at the company say that except for the shape, customers won't be able to tell that Satisfries are lower in calories.

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All Tech Considered
5:39 pm
Mon September 23, 2013

Fake Reviewers Get Zero Stars From New York Attorney General

Some reputation management companies required that its writers have a certain number of Yelp friends. Yelp says it welcomed the New York attorney general's crackdown on fake reviewers.
iStockphoto.com

Originally published on Wed September 25, 2013 11:04 am

No doubt most of you reading this post have looked at Yelp or Google+ Local to check the user reviews before you tried that fish store, bakery or even dentist. On occasion, you may have wondered if some of those reviews were too good to be true.

It turns out that some of them were.

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The Two-Way
5:21 pm
Mon September 23, 2013

Former Exec, 77, Says He Earns His Old Hourly Rate In A Week

Originally published on Mon September 23, 2013 6:56 pm

A former advertising executive's story of relying on two part-time jobs to help him get by during retirement is attracting attention and impassioned comments at Bloomberg News.

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The Two-Way
4:37 pm
Mon September 23, 2013

Costa Concordia Captain Blames Crash On Helmsman

Originally published on Mon September 23, 2013 5:46 pm

The captain of the Costa Concordia says the helmsman of the ill-fated cruise liner failed to properly execute a last-minute corrective maneuver that could have kept the massive vessel off a rocky shoal near the coast of Tuscany.

Capt. Francesco Schettino, who is charged with manslaughter in the deaths of 32 people aboard the ship, which ran aground on Jan. 13, 2012, is also accused of abandoning the liner's 4,200 passengers and crew on the night of the wreck.

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The Two-Way
4:34 pm
Mon September 23, 2013

Online Review-Rigging Firms To Pay Fines In Yogurt Shop Sting

A sting operation involving a Brooklyn yogurt shop was part of an investigation by New York's attorney general that found companies had flooded ratings websites with fake consumer reviews.
iStockphoto.com

Originally published on Mon September 23, 2013 6:50 pm

The practice of writing fake online reviews has landed 19 companies in hot water in New York, where the attorney general announced penalties Monday over what he says are attempts to manipulate consumers.

Attorney General Eric T. Schneiderman says the companies will pay more than $350,000 in fines after an investigation found that firms "had flooded the Internet with fake consumer reviews on websites such as Yelp, Google Local, and CitySearch," according to a press release from his office.

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Business
4:13 pm
Mon September 23, 2013

New Rules Allow Companies To Advertise For Dollars

Originally published on Mon September 23, 2013 7:38 pm

Transcript

MELISSA BLOCK, HOST:

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

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

Someday soon you'll see a new kind of advertising on TV and the Internet. A federal law went into effect today allowing private companies to solicit investors for the first time. The new rules are supposed to make it easier for startup companies to raise money. But NPR's Jim Zarroli reports they could also generate more fraud.

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Business
4:12 pm
Mon September 23, 2013

BlackBerry Agrees To Sell Itself For $4.7 Billion

Originally published on Mon September 23, 2013 7:38 pm

Transcript

MELISSA BLOCK, HOST:

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

ROBERT SIEGEL, HOST:

I'm Robert Siegel, and it's time now for All Tech Considered.

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The Two-Way
12:37 pm
Mon September 23, 2013

Apple Sells 9 Million New iPhones In Opening Weekend

Apple says it has sold 9 million iPhone 5s and 5c models since their launch on Friday. Here, staff members at an Apple retail store in Beijing cheer a customer after he bought a new iPhone.
Andy Wong AP

Originally published on Mon September 23, 2013 2:29 pm

Sales of its new iPhone 5s and 5c models have surpassed other iPhone releases and exceeded initial supply, Apple says. The company says it has sold 9 million of the phones since their launch on Friday and that "many online orders" will ship in coming weeks.

"This is our best iPhone launch yet — more than nine million new iPhones sold — a new record for first weekend sales," Apple CEO Tim Cook said in a Monday press release. He added that "while we've sold out of our initial supply of iPhone 5s, stores continue to receive new iPhone shipments regularly."

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The Two-Way
10:05 am
Mon September 23, 2013

$3.9 Billion U.S. Defense Contract Includes Missiles For UAE

A photo provided by Lockheed Martin shows a test of its THAAD missile interceptor system. The Pentagon has awarded a contract worth more than $3.9 billion for the system.
Lockheed Martin

Originally published on Mon September 23, 2013 2:11 pm

The U.S. Defense Department has awarded a rich military contract to Lockheed Martin, agreeing to pay more than $3.9 billion for a missile-defense system. The deal calls for a maximum of 110 high-altitude interceptor missiles for the United States, and 192 versions of the missiles for export to the United Arab Emirates.

Update at 2:30 p.m. ET: Number Of Missiles Adjusted

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The Two-Way
7:36 am
Mon September 23, 2013

No Way, Man! Last VW Bus To Soon Roll Off Assembly Line

Enio Guarnieri of Sao Paulo, Brazil, in his 1972 Volkswagen. Soon, the last of the vans will be made in a nearby factory.
Andre Penner AP

Originally published on Mon September 23, 2013 8:00 am

We just tripped over some news that's got us a bit bummed out:

The last Volkswagen "hippie bus" is due to roll off an an assembly line in Brazil on Dec. 31.

It seems the van that became known as the transportation of choice for counter-culture folks in the '60s can't be made with the air bags and other safety equipment that "the man" wants it to have.

So Volkswagen is ending production in the last place where the van's still made; a factory near Sao Paulo.

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