Business & Education

Business
4:07 pm
Fri May 24, 2013

LA Bluejeans Makers Fear Their Business Will Fade Away

Samuel Ku, who runs AG Jeans alongside his father, says a European tariff puts thousands of U.S. clothing jobs at risk.
Amanda Marsalis

Originally published on Fri May 24, 2013 5:16 pm

Los Angeles is the world leader in the most American of clothing items: bluejeans. High-end, hand-stitched, designer bluejeans that will you run well over $100 a pair.

But as the U.S. apparel industry continues to shrink, LA's bluejeans business faces a threat: a nearly 40 percent tariff, imposed by the European Union, that could cripple the city's jean business.

When people talk about Ilse Metchek they use phrases like "she's a piece of work," "a force of nature," "she's something else." If you want to talk fashion, she's your lady.

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Around the Nation
3:02 pm
Fri May 24, 2013

Battered Jersey Shore Pins Recovery Hopes On Summer Season

Construction workers work to rebuild the boardwalk in Seaside Heights in anticipation of Memorial Day weekend.
Mel Evans AP

Originally published on Fri June 7, 2013 11:37 am

Memorial Day weekend marks the start of the summer travel season, and it's particularly important for the resort communities along the Jersey Shore still suffering the effects of Hurricane Sandy.

In the popular tourist spot Point Pleasant Beach, N.J., it has taken seven months and more than $1 million to make repairs along Jenkinson's Boardwalk.

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The Two-Way
1:52 pm
Fri May 24, 2013

Google Reportedly Faces FTC Antitrust Probe Over Display Ads

The Federal Trade Commission is in the early stages of opening an antitrust probe into how Google runs its online display advertising business, according to a report by Bloomberg News, citing sources who want to remain anonymous because the FTC has not announced the probe.

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The Two-Way
1:12 pm
Fri May 24, 2013

News Corp. Board Approves Company Split

The head of News Corp., Rupert Murdoch, arrives at the Vanity Fair Oscar Party in February.
Pascal Le Segretain Getty Images

Media empire News Corp., parent of Fox and The Wall Street Journal, will be cleaved into two businesses starting June 28: a publishing arm and one for entertainment.

The plan was first announced a year ago. As we reported at the time:

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Shots - Health News
9:57 am
Fri May 24, 2013

Health Insurance At 'Good Prices' Coming To Calif. Exchange

Peter Lee, executive director of Covered California, unveiled the plans and prices that will be offered by private insurers at a media briefing in Sacramento on Thursday.
Rich Pedroncelli AP

Originally published on Tue May 28, 2013 7:08 am

California just unveiled a wide array of choices for the 5.3 million people expected to qualify to buy coverage through its online marketplace established by the federal health overhaul.

It's the first disclosure of prices in the nation's most populous state for individual health insurance that complies with the Affordable Care Act, and the menu of affordable options surprised some consumer advocates and analysts who had been expecting premiums to be much higher.

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The Two-Way
9:23 am
Fri May 24, 2013

James Joyce Coin-troversy Reportedly Could Have Been Averted

A commemorative 10-euro coin featuring James Joyce bears an image of the author that his literary estate did not approve. It also misquotes his work.
Irish Central Bank

Irish banking officials should have known there were problems with the controversial 10-euro coin commemorating James Joyce, according to Ireland's RTE News. The coin misquotes the author's Ulysses, and bears an image of Joyce that his estate did not approve.

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Digital Life
4:31 am
Fri May 24, 2013

Viewers To Decide If Amazon's Sample Shows Make The Cut

Originally published on Fri May 24, 2013 7:01 am

Transcript

DAVID GREENE, HOST:

The popular series "Arrested Development" returns this Sunday with 15 new episodes, released all at once. They're coming from Netflix, which earlier this year, released "House of Cards." Online video companies are producing more of their own shows - not just Netflix, Hulu and Yahoo are getting into the act, as well.

Now, Amazon also wants to join, but they're doing things differently, letting viewers help choose the new lineup. Here's what TV critic Eric Deggans thinks of that approach.

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Business
4:31 am
Fri May 24, 2013

The Last Word In Business

Originally published on Fri May 24, 2013 8:48 am

Transcript

DAVID GREENE, HOST:

And our last word in business today, quite a tongue lashing for McDonald's. The company held its annual shareholders meeting in yesterday, and when the floor opened for questions, a nine-year-old girl approached the microphone.

RENEE MONTAGNE, HOST:

Hannah Robertson spoke loud and clear, saying quote, "there are things in life that aren't fair, like when your pet dies." And she continued, "I don't think it's fair when big companies try to trick kids into eating food."

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Business
4:31 am
Fri May 24, 2013

Business News

Originally published on Fri May 24, 2013 7:01 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a comeback.

(SOUNDBITE OF MUSIC)

MONTAGNE: Procter & Gamble made a surprise announcement last night. It's bringing back its former CEO as the company's new CEO. A.G. Lafley will replace Bob McDonald. Procter & Gamble is behind names like Crest toothpaste and Tide laundry detergent. The 170-year-old company has been struggling to grow in emerging markets. Transcript provided by NPR, Copyright NPR.

Business
4:31 am
Fri May 24, 2013

Insurers Picked For California Health Exchange

Originally published on Fri May 24, 2013 7:01 am

Transcript

DAVID GREENE, HOST:

More, now, on the new federal health care law. States are preparing for that law to take effect. In California, officials have now unveiled plans - and prices - for millions of residents who will be using a new health insurance exchange to purchase their coverage next year. This is a key test of the federal health law's ability to draw competitive bids from insurance companies. Sarah Varney reports.

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Business
4:31 am
Fri May 24, 2013

Financial Markets In The News

Originally published on Fri May 24, 2013 7:01 am

Transcript

RENEE MONTAGNE, HOST:

And for the past few months, global stock markets appeared to be on an escalator going up, relentlessly reaching new highs. This week, that ride seems to be over - or maybe not. To find out, we turn, as we often do, to David Wessel, he's the economics editor of The Wall Street Journal.

Good morning.

DAVID WESSEL: Good morning, Renee.

MONTAGNE: David, put the stock markets into perspective for us. Apart from the day-to-day ups and downs, which we have been seeing, how have the markets been doing?

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Planet Money
2:18 am
Fri May 24, 2013

Can This Man Bring Silicon Valley To Yangon?

Lam Thuy Vo NPR

Originally published on Fri May 24, 2013 8:29 am

Like a proud father, Nay Aung opens up his MacBook Air to show me the Myanmar travel website he has built. But we wait 30 seconds for the site to load, and nothing happens.

"Today is a particularly bad day for Internet," he says. This is life in Myanmar today: Even an Internet entrepreneur can't always get online.

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The Salt
3:34 pm
Thu May 23, 2013

This 9-Year-Old Girl Told McDonald's CEO: Stop Tricking Kids

Hannah Robertson, 9, and her mom, blogger Kia Robertson — with the makings for kale chips, of course.
Jamie Robertson Courtesy Jamie Robertson

Originally published on Tue May 28, 2013 10:28 am

It's not every day that a 9-year-old girl chastises the CEO of one of the world's biggest fast-food chains.

Yet that's exactly what young Hannah Robertson did Thursday morning at McDonald's annual shareholders meeting in Chicago. When the meeting opened up to questions, Hannah was first up at the mic with a pointed criticism.

"It would be nice if you stopped trying to trick kids into wanting to eat your food all the time," she told McDonald's CEO Don Thompson.

Ouch.

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Education
10:32 am
Thu May 23, 2013

Being Blind To Financial Need: Is It Worth It?

Millions of students rely on loans and grants for their studies. But with universities strapped for cash, fewer schools are able to admit students regardless of their financial need. Host Michel Martin asks the President of Iowa's Grinnell College, Dr. Raynard Kington, why his school considered putting a halt to need-blind admissions.

The Two-Way
10:15 am
Thu May 23, 2013

Production Of New Vehicles Predicted To Hit 2002 Levels

Strong new-vehicle retail sales figures have led analysts to predict North American production will reach 16 million units in 2013 — a mark not hit since 2002. Part of the rise is due to strong demand for pickup trucks.
Justin Sullivan Getty Images

Originally published on Thu May 23, 2013 2:08 pm

Strong new-vehicle sales figures are causing industry analysts to revise their forecasts for North American production levels in 2013, with J.D. Power & Associates and LMC Automotive predicting 16 million units will be produced — a mark not hit since 2002.

More than 1,157,000 new vehicles are projected to be sold in May, the third month in a row to top the 1 million level. The growth is being helped by strong demand for full-sized pickups, which represent more than 11 percent of retail sales, according to a news release from J.D. Power.

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