Business & Education

Business
4:24 am
Thu August 15, 2013

Attorney Dispenses Legal Advice As Well As Shaving Cream

Transcript

DAVID GREENE, HOST:

Law school grads have been facing a tough job market, and this has prompted some young entrepreneurial attorneys to try out hybrid businesses.

Diane Orson from member station WNPR reports on one Connecticut attorney who's opened a shop that combines his passion for the law - with his skill as a barber.

DIANE ORSON, BYLINE: Donald Howard says he first got the hybrid-business idea working as a paralegal for a personal injury attorney who doubled as a sports agent. Then he saw the concept again on a reality television show.

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Business
4:24 am
Thu August 15, 2013

Team Walks Florida's Beaches With Google Eye

Originally published on Thu August 15, 2013 5:44 am

Google Street View cars have been photographing roads and highways for years, but how about this: Google Beach View. Florida is paying a pair of intrepid trekkers to walk all 825 miles of the state's beachfront carrying the Google Eye camera in a 40 pound backpack — blue orb sticking out the top.

National Security
4:24 am
Thu August 15, 2013

Drone Manufacturers Confident Domestic Industry Will Grow

Originally published on Thu August 15, 2013 7:53 am

Gathering in Washington, D.C., drone manufacturers say they are optimistic about their business, despite a downturn in defense spending. The unmanned vehicle industry is hopeful the domestic market will open up. But they first must address privacy concerns exacerbated by the NSA spying scandal.

Business
4:24 am
Thu August 15, 2013

Auto Industry's Pent-Up Demand Expected To Ease Slowly

Transcript

DAVID GREENE, HOST:

If economists looking at the housing sector are generally optimistic, those who follow the auto industry are practically brimming with glee. Right now, the average age of cars on the road is the oldest ever recorded, at 11-and-a-half years, which means at some time, people will have to buy newer ones. As NPR's Sonari Glinton reports, that time may be now.

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Business
4:24 am
Thu August 15, 2013

2 Ex-Traders Accused Of Covering Up JPMorgan Losses

Federal prosecutors in the U.S. have charged two former traders in JPMorgan Chase's London office with securities fraud. The two men were part of the so-called "London Whale" case, which ended up costing the company more than $6 billion. U.S. officials say the men lied about the value of some derivatives trades to cover up mounting losses.

All Tech Considered
1:57 am
Thu August 15, 2013

The Next Disaster Scenario Power Companies Are Preparing For

Part of the Robert Moses Niagara Power Plant in Lewiston, N.Y., is seen from the air on Aug. 14, 2003, during a massive power outage that stretched from New York to Detroit and into Canada.
David Duprey AP

Originally published on Thu August 15, 2013 7:49 am

In the 10 years since sagging power lines in Ohio sparked a blackout across much of the Northeastern United States and Canada, utility engineers say they have implemented measures to prevent another such event in the country's electric grid.

But there is one disaster scenario for which the power companies are still unprepared: a massive attack on the computer networks that underlie the U.S. electric grid.

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Business
1:56 am
Thu August 15, 2013

Pent-Up Demand Is Boosting Home Sales, But Can It Last?

Carpenters work on a housing site in Brandywine, Md., on May 31. Pent-up demand for homes could create jobs and help the struggling U.S. economy.
Gary Cameron Reuters/Landov

Originally published on Thu August 15, 2013 1:33 pm

Six years ago, the U.S. housing market plunged off a cliff. Now prices are bouncing back up — sharply in many markets.

That has some real estate analysts saying 2013 may mark the turning point — when pent-up demand will revive the housing sector and boost the broader economy.

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Law
4:27 pm
Wed August 14, 2013

Former JPMorgan Chase Traders Charged Over 'White Whale' Bets

Originally published on Fri August 16, 2013 7:40 am

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

Federal prosecutors have charged two former JPMorgan Chase traders with securities fraud. The two men worked in London. And they are part of the so-called London Whale case, which cost the company more than $6 billion. U.S. officials say the men lied about the value of some derivatives trades to cover up mounting lawsuits. More from NPR's Jim Zarroli.

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Business
3:52 pm
Wed August 14, 2013

More Companies Encourage Workers To Volunteer, On The Clock

Kristin Yentes (right) and other volunteers from U.S. Bank serve breakfast to diners at Catholic Charities Opportunity Center in Minneapolis. Workers from the bank have been volunteering with Catholic Charities for more than a year.
Jeffrey Thompson MPR

Originally published on Fri August 16, 2013 7:40 am

You're not likely to find many bankers wearing those old stereotypical green visors these days. But at U.S. Bank, some employees sport hairnets — at least when they're serving breakfast.

Every Friday morning, a group of U.S. Bank employees stands elbow to elbow at a Minneapolis soup kitchen, doling out French toast, sausage and other breakfast goodies. Most of the people getting free breakfast are homeless men who lug their belongings in plastic bags.

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Author Interviews
2:39 pm
Wed August 14, 2013

Shipping: The 'Invisible Industry' That Clothes And Feeds You

Ninety percent of what we wear, eat and consume is carried by container ships like this one at the state-run Jaya Container Terminal of Sri Lanka's port of Colombo.
Lakruwan Wanniarachchi AFP/Getty Images

Originally published on Wed August 14, 2013 3:38 pm

Imagine a ship carrying goods in containers that, if lined up, would stretch around 11,000 miles long, or nearly halfway around the planet. Rose George spent several weeks aboard one such ship as research for her new book, Ninety Percent of Everything: Inside Shipping, the Invisible Industry That Puts Clothes on Your Back, Gas in Your Car and Food on Your Plate.

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The Two-Way
11:51 am
Wed August 14, 2013

San Diego's Hooters, Other Businesses Tell Mayor To Stay Away

At the entrance to this Hooters restaurant in San Diego, the sign is up telling Mayor Bob Filner that he's not welcome.
Gregory Bull AP

San Diego Mayor Bob Filner, who is refusing calls to resign following the dozen or so accounts of women who say he sexually harassed them, isn't welcome at his city's Hooters restaurants.

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All Tech Considered
11:28 am
Wed August 14, 2013

'The New York Times' Site, Apps Return After Two-Hour Outage

The New York Times headquarters in New York City.
Ramin Talaie Getty Images

Originally published on Fri August 16, 2013 7:40 am

One of the world's most trusted sources for news is back up, after an internal outage knocked it out for nearly two hours on Wednesday morning. The New York Times' main site and mobile app went down a little after 11 a.m. ET, when users who tried to visit received a "Service Unavailable" message.

The news organization's Twitter account sent this message, before the site returned:

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All Tech Considered
9:55 am
Wed August 14, 2013

Man Learns How Not To Launch A Site For Women

Bryan Goldberg is founder and CEO of Bustle.com, a new site targeting female audiences.
Courtesy of Bryan Goldberg

Originally published on Wed August 14, 2013 2:02 pm

Bustle.com is a new women's site staffed by editors and writers from traditionally female-oriented organizations like Glamour and Seventeen but founded and led by a man, Bryan Goldberg. His previous venture was the multimillion-dollar sports site Bleacher Report. In announcing the launch of his new lady-targeted venture Tuesday, he wrote:

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The Two-Way
8:54 am
Wed August 14, 2013

Is Europe's Recession Really Over? It's Too Soon To Say

The line outside an employment office in Madrid last October. Spain's economy has been among the hardest hit in Europe.
Dominique Faget AFP/Getty Images

Originally published on Wed August 14, 2013 10:29 am

These headlines this morning make it sound like Europe's economy is up and running again:

-- "Euro Area Exits Longest Recession on Record." (Bloomberg News)

-- "Euro Zone Emerges from Recession." (The Wall Street Journal)

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The Two-Way
6:45 am
Wed August 14, 2013

AOL CEO Apologizes For Public Firing

Tim Armstrong, the CEO of AOL.
Michael Kovac Getty Images for AOL

Originally published on Wed August 14, 2013 11:51 am

After several days of brutal criticism and commentary about the brutal way he fired a man during a conference call, AOL CEO Tim Armstrong is now apologizing.

"I am writing you to acknowledge the mistake I made last Friday during the Patch all-hands meeting when I publicly fired Abel Lenz," Armstrong says in an email to AOL employees, which Mashable has posted here.

Armstrong adds that:

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