Business & Education

Author Interviews
2:43 am
Thu September 12, 2013

Tired Of Inequality? One Economist Says It'll Only Get Worse

Economist Tyler Cowen believes that income inequality in America is only increasing. His new book is called Average Is Over: Powering America Beyond the Age of the Great Stagnation.
Szasz-Fabian Ilka Erika iStockphoto.com

Originally published on Thu September 12, 2013 8:57 am

Economist Tyler Cowen has some advice for what to do about America's income inequality: Get used to it. In his latest book, Average Is Over, Cowen lays out his prediction for where the U.S. economy is heading, like it or not:

"I think we'll see a thinning out of the middle class," he tells NPR's Steve Inskeep. "We'll see a lot of individuals rising up to much greater wealth. And we'll also see more individuals clustering in a kind of lower-middle class existence."

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Media
12:36 am
Thu September 12, 2013

Tina Brown To Leave The Daily Beast

The Daily Beast editor-in-chief Tina Brown plans to leave the website to produce live forums on news topics.
Nicholas Kamm AFP/Getty Images

Originally published on Thu September 12, 2013 8:41 am

Celebrity editor Tina Brown announced Wednesday that she's leaving The Daily Beast to launch her own media company. She has been a regular guest on Morning Edition. Brown, 59, plans to produce live forums on news topics.

Brown has edited some of the most prestigious publications: Vanity Fair, The New Yorker and Tattler. Five years ago, she helped found The Daily Beast — a news and opinion website. Now, the editor-in-chief says she's leaving to do what she calls "theatrical journalism" before live audiences.

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The Salt
4:44 pm
Wed September 11, 2013

Pets Or Livestock? A Moral Divide Over Horse Slaughter

Jamesport has the largest Amish community in Missouri, and horse-pulled buggies are often parked alongside cars. Horse owners in the state are divided over whether to allow horses to be killed for meat in the U.S.
Frank Morris for NPR

Originally published on Wed September 11, 2013 6:30 pm

Few Americans eat horse meat, and many don't like the idea of slaughtering horses. But a handful of investors are struggling to restart the horse-slaughter industry in the U.S.

Thousands of American horses are already slaughtered in Mexico and Canada each year for their meat, which gets shipped to European and Asian markets.

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All Tech Considered
4:41 pm
Wed September 11, 2013

Coming Soon: A Jolt Of Caffeine You Can Spray On Your Skin

Sprayable Energy will be on sale in November, says its creator, Ben Yu.
Courtesy of Sprayable Energy

Originally published on Wed September 11, 2013 5:16 pm

In our "Weekly Innovation" blog series, we explore an interesting idea, design or product that you may not have heard of yet. Do you have an innovation to share? Use this quick form.

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All Tech Considered
4:00 pm
Wed September 11, 2013

Sexism In The Tech Industry Takes Center Stage

TechCrunch's Disrupt 2012 conference in San Francisco. This year, two hackathon presentations ignited a firestorm.
Max Morse Getty Images

Originally published on Wed September 11, 2013 4:59 pm

For women struggling to make inroads in the male-dominated tech industry, a few stunning situations this week have provided some extreme examples of what they're up against.

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Economy
3:39 pm
Wed September 11, 2013

Five Years Later, Lehman Brothers Fall Still Stings

Originally published on Wed September 11, 2013 4:59 pm

Sept. 15 is the anniversary of collapse of Lehman Brothers, which many see as a watershed moment in the financial crisis. We look back at a time when fear and uncertainty gripped financial markets and policymakers around the world and drove the world economy into the Great Recession.

Business
3:39 pm
Wed September 11, 2013

Verizon Makes Blockbuster Bond Sale To Buy Vodafone

Originally published on Wed September 11, 2013 4:59 pm

Transcript

AUDIE CORNISH, HOST:

Wall Street is buzzing about Verizon today. The telecommunications giant carried out the biggest sale in the history of the bond market, $49 billion worth of corporate bonds. Verizon will use the money to finance its recent mega deal with Vodafone.

As NPR's Jim Zarroli reports, the sale comes at a time when interest rates are rising. And companies that want to raise money can't afford to lose any time.

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All Tech Considered
1:01 pm
Wed September 11, 2013

Court Decision Means Another Look At Google Street View Case

An employee drives a Google Maps Street View car around Palo Alto, Calif. The U.S. Court of Appeals in San Francisco said Tuesday that Google went far beyond listening to accessible radio communication when it drew information from inside people's homes.
Paul Sakuma AP

Originally published on Wed September 11, 2013 3:20 pm

The U.S. Appeals Court in San Francisco refused Tuesday to dismiss a lawsuit that accuses Google of violating federal wiretapping laws by collecting emails and data about people's Web surfing habits as the company's Street View cars crisscrossed the world.

Millions of people use unencrypted wireless networks in their homes to access the Internet. The lawsuit alleges Google's Street View cars were listening in to those digital conversations and making recordings of the traffic in violation of federal law.

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The Two-Way
12:13 pm
Wed September 11, 2013

Chinese Premier Says Foreign Companies To Get 'Equal Treatment'

Chinese Premier Li Keqiang (right) listens to Singapore's Prime Minister Lee Hsien Loong during a meeting last month.
How Hwee Young AP

Originally published on Wed September 11, 2013 2:25 pm

Chinese Premier Li Keqiang has pledged to treat foreign multinational companies on a par with the country's own state-owned enterprises, but he warned that an economic rebound remains fragile.

Li, speaking at a business forum in the northeastern city of Dalian on Wednesday, cautioned that the global economic outlook was a "complex situation" and outlined a series of steps designed to keep the country on a moderate but sustainable growth path.

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Business
11:37 am
Wed September 11, 2013

Maybe 'Muddling Through' Isn't That Bad For The Economy

Originally published on Wed September 11, 2013 4:15 pm

When the global financial system started to collapse five years ago, leaders from the Treasury Department, Congress and the Federal Reserve jumped up and started running.

Like men on a burning wooden bridge, they raced along, making crazy-fast decisions. They seized Fannie Mae and Freddie Mac, bailed out big banks, saved automakers, slashed interest rates and funded a massive infrastructure-building project to stimulate growth.

But that was then.

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The Two-Way
10:21 am
Wed September 11, 2013

If Verizon Sells A Record $49B In Bonds, Are Good Times Ahead?

Originally published on Wed September 11, 2013 11:22 am

The number is stunning:

"Verizon Communications could be taking on nearly $50 billion in new debt in a massive bond sale to help the telecom giant pay for its $130 billion acquisition of Verizon Wireless shares," writes USA Today.

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Civil Rights Movement
8:25 am
Wed September 11, 2013

First black Student at North Alabama Set to Speak

The University of North Alabama.
en.wikipedia.org

The first black student at the University of North Alabama is returning to campus.

   Wendell Wilkie Gunn will speak at the university's fall convocation ceremony on Wednesday.

   Gunn is speaking exactly 50 years after he became the first black student to enroll at the school, which was then called the Florence Teachers College.

   Gunn transferred to North Alabama from Tennessee State University in 1963. He earned an academic award for physics in 1964 and graduated in '65.

Business & Education
8:16 am
Wed September 11, 2013

Feds Reach Agreement with Lee County Schools

The U.S. Department of Education has reached an agreement with Lee County schools to make sure African-American students have equal access to advanced courses.

   The department announced Tuesday that the agreement with the east Alabama school system is the first of its kind in Alabama. It comes after the department found that advanced math was offered in the seventh grade at the county's predominantly white middle schools but was not offered at the predominantly African-American middle school.

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Around the Nation
3:43 am
Wed September 11, 2013

Good Work Comes Out Of The Sept. 11 Tragedies

Originally published on Wed September 11, 2013 6:54 am

Today marks the 12th anniversary of the Sept. 11 attacks. Over the last several years, a group of family members have created a movement to turn the anniversary into a national day of service. This year more than 30 million people will be involved, and they claim it's the largest day of service in the country.

Business
3:26 am
Wed September 11, 2013

Price Of New iPhone May Be Too Expensive For China Market

Originally published on Wed September 11, 2013 6:54 am

In a sign of China's growing importance as a market for Apple, the company will be rolling out its new iPhones simultaneously in the U.S. and China for the first time later this month. There are a few signs, however, that the new models will not find the sort of frenzied demand as before.

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