Business & Education

Planet Money
3:00 pm
Fri September 13, 2013

Jobs, Debt And Home Prices Since The Crisis, In Five Charts

Quoctrung Bui / NPR

The housing bust started in 2006. The recession started in 2007. But it was in September, 2008 – five years ago this month – that the financial crisis hit its most intense moments. Here's a look at how U.S. households have fared since then.

Correction: The headline initially said "four charts." Thanks to the commenter who pointed out that there are, in fact, five charts in this post.

The Two-Way
11:52 am
Fri September 13, 2013

NPR To Offer Voluntary Buyouts In Bid To Balance Budget

NPR headquarters in Washington, D.C.
Charles Dharapak AP

Originally published on Fri September 13, 2013 12:46 pm

Saying that the goal is to balance its budget in fiscal year 2015, NPR announced late Friday morning that it will soon offer "a voluntary buyout plan across the organization that reduces staffing levels by approximately 10 percent."

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Economy
11:04 am
Fri September 13, 2013

Recipe For A Great Burger? Fifteen Bucks An Hour

Originally published on Fri September 13, 2013 1:30 pm

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. It is Friday and back in the day this was payday for most people, so we thought this was as good a day as any to talk about wealth, wages and poverty. In a few minutes we will hear about how poverty seems to be affecting the health of white women in a dramatic way.

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Race
11:04 am
Fri September 13, 2013

Are White Women Harder Hit By Poverty?

Originally published on Fri September 13, 2013 1:30 pm

Transcript

MICHEL MARTIN, HOST:

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Asia
9:38 am
Fri September 13, 2013

No Deal On Bangladesh Garment Factory Compensation Fund

A Bangladeshi woman holds a photograph of a relative missing in the Rana Plaza building collapse, as she participates in a protest in Dhaka, Bangladesh, on Friday. Protesters demanded a minimum monthly salary of $103 and compensation for the victims and injured in the building collapse in April that killed more than 1,000 people.
A.M. Ahad AP

Originally published on Fri September 13, 2013 10:20 am

Families and survivors of the Rana Plaza garment factory disaster in Bangladesh in April who are waiting for compensation from Western companies will have to wait a little longer.

A meeting Thursday of retailers and brands in Geneva, Switzerland, facilitated by the U.N.'s International Labor Organization, ended with only one company announcing measures for the victims: Primark said it would give the families of victims three months' salary.

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UA Sororities Investigation
8:25 am
Fri September 13, 2013

Sororities Probing Intake Process at UA

Pi Beta Phi is one of three sororities officials are investgating after alleged discrimination against two African-American girls during the recruitment process.
Cary Norton for The New York Times

Representatives of three sororities say they're investigating their recruitment process at the University of Alabama after some groups were accused of rejecting two potential members because they're black.

   WTVM-TV reported Thursday that Pi Beta Phi sorority, Chi Omega and Alpha Gamma Delta released statements saying their organizations are investigating after the UA student newspaper, The Crimson White, reported members of two sororities were looking to vote on African-American candidates but were blocked from doing so by alumni members.

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Alabama K-12
8:18 am
Fri September 13, 2013

Report Ranks Alabama 2nd in School Cuts Since 2008

A report by the nonpartisan Center on Budget and Policy Priorities says Alabama's cuts to K-12 education are the nation's second worst since the recession began.

   The Washington-based group says Alabama's investment in K-12 education has declined 20 percent since 2008, when adjusted for inflation. Only Oklahoma had deeper cuts. The study was based on 2008 because it was the last year before the recession curtailed state tax collections.

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All Tech Considered
6:33 am
Fri September 13, 2013

A Few Takes On How To Fix The Tech Industry's 'Bro' Problem

Hackers pose at Disrupt Hackathon in 2011.
Araya Diaz Getty Images

Originally published on Fri September 13, 2013 9:03 am

The tech industry's sometimes sexist "brogrammer" culture came into focus at least twice this week, making it as good a time as any to highlight the running conversation about how to constructively change the systemic, entrenched issues that allow for offensive apps like Titstare, which was presented at a tech industry hackathon.

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Economy
3:58 am
Fri September 13, 2013

5 Years After Financial Crisis, How's The Job Market Doing?

Originally published on Fri September 13, 2013 6:00 am

Sunday marks the 5th anniversary of the collapse of one of the nation's leading banking institutions Lehman Brothers. The failure of the bank triggered a global financial crisis and led to the deepest recession in decades. Renee Montagne talks to David Wessel, economics editor of The Wall Street Journal.

Business
3:39 am
Fri September 13, 2013

Dunkin Donuts Returns To Britain

Originally published on Fri September 13, 2013 6:35 am

The company on Thursday announced a deal for 50 new locations in London, with plans for more in the coming years. Dunkin did have shops in Britain but pulled out in the 1990s.

Business
3:39 am
Fri September 13, 2013

Twitter Files For Initial Public Offering

Originally published on Fri September 13, 2013 3:58 am

Twitter announced via Tweet Thursday that it's launching its long awaited initial public offering. It will be the most high profile IPO since Facebook went public last year. But Twitter hopes to avoid the mishaps that's marred Facebook's stock market debut.

Politics
3:39 am
Fri September 13, 2013

Without Action, Government Will Shut Down At Month's End

Originally published on Fri September 13, 2013 4:44 am

Transcript

STEVE INSKEEP, HOST:

Now, the future shape of the economy will be influenced, in part, by negotiations in Congress this month. What could possibly go wrong? If Congress doesn't act by the end of this month, there will be a partial government shutdown and then in October a fight over the debt ceiling looms. Some Republicans want to rerun a tactic they used in 2011, refusing to borrow to pay for commitments Congress previously made unless the White House agrees to Republican budget demands. NPR congressional correspondent Tamara Keith has the latest.

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Remembrances
3:39 am
Fri September 13, 2013

Sound Pioneer Ray Dolby Dies At 80

Originally published on Fri September 13, 2013 7:26 am

Transcript

RENEE MONTAGNE, HOST:

Ray Dolby, whose inventions revolutionized the way audiences listen to entertainment, has died. He was 80 years old.

NPR's Mandalit del Barco reports the sound pioneer - whose name became synonymous with sound - died at home in San Francisco.

MANDALIT DEL BARCO, BYLINE: Thank Ray Dolby for inventing the system that surrounds you with sound at the movie theater and in your headphones.

(SOUNDBITE OF VARIOUS DOLBY SOUNDS)

UNIDENTIFIED WOMAN: (Whispering) Surround you.

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Business
3:39 am
Fri September 13, 2013

D.C. Mayor Vetoes Wage Bill Targeting Large Retailers

Originally published on Fri September 13, 2013 4:38 am

Transcript

STEVE INSKEEP, HOST:

California is seeing its first increase in the state's minimum wage in six years - a 25 percent increase this time around. Yesterday, the state legislature voted to raise the minimum wage to $10 an hour by 2016. Governor Jerry Brown is expected to sign that bill into law.

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The Two-Way
4:45 pm
Thu September 12, 2013

Twitter Says It Intends To Go Public

In this Nov. 8, 2011, photo, NASA fan David Parmet signs his name on a Twitter logo during a tweetup event for about 50 of NASA's Twitter followers at the Langley Research Center in Hampton, Va.
Brock Vergakis AP

After much speculation, Twitter announced its intention to be traded as a public company, on Thursday.

Naturally, the 200-million-user microblogging service made the announcement through a tweet:

While pondering an announcement, USA Today reported that this initial public offering would be watched very carefully by other tech companies looking to take the plunge. The paper added:

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