Business & Education

Business
4:25 am
Mon May 6, 2013

Warren Buffett Welcomes Bershire Shareholders To Omaha

Originally published on Mon May 6, 2013 9:12 am

The topics discussed during a five-hour question-and-answer session Saturday included: Berkshire Hathaway's increased size and who will take over as CEO when Buffett, 82, steps down. While admitting the company's expansion has changed things, Buffet demurred when it came to succession specifics.

Business
4:25 am
Mon May 6, 2013

eBay CEO: Web Sales Tax Would Create 'Administrative Burden'

Originally published on Mon May 6, 2013 5:07 am

David Greene talks to eBay CEO John Donahoe about the political battle over online sales tax. On Monday, the Senate is expected to vote on a bill that would end the free ride that consumers have enjoyed when shopping online. The Marketplace Fairness Act would require online retailers to collect sales tax from customers, and pay them to states where customers live — just like brick and mortar stores.

Author Interviews
4:25 am
Mon May 6, 2013

Journalist Robert Kaiser Chronicles Financial Overhaul Bill

Originally published on Mon May 6, 2013 7:01 am

The economic crisis in 2008 led to a massive overhaul of financial regulations. Journalist Robert Kaiser was given behind-the-scenes access to congressional reaction to the crisis. He saw that even with the threat of another Great Depression, Capitol Hill remained mired in dysfunction. NPR's Linda Wertheimer talks to Kaiser about his book, Act of Congress: How America's Essential Institution Works, And How It Doesn't.

Business
4:25 am
Mon May 6, 2013

Spice Girls Musical To Close Early

Originally published on Mon May 6, 2013 5:48 am

Transcript

DAVID GREENE, HOST:

Now our last word in business. Critics and ticketholders wanted something more from the Spice Girls musical. So the last word in business today is: sad spice.

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Around the Nation
2:45 am
Mon May 6, 2013

Chicago's Famed Field Museum Struggles To Dig Out Of A Hole

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"Sue," the Tyranosaurus rex skeleton, is one of the most famous exhibits at Chicago's Field Museum of Natural History
John Zich AFP/Getty Images

Originally published on Mon May 6, 2013 7:25 pm

The economy may be on the rebound, but many cultural institutions are still struggling to regain their financial footing. That's especially true for one of the country's most recognized museums — the Field Museum of Natural History in Chicago. Known internationally for its research as well as its exhibits, the Field Museum must pay off millions in bond debt — and toe an ethical line as it does.

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Around the Nation
2:42 am
Mon May 6, 2013

Port Of Baltimore Seeks Boost From Panama Canal Expansion

The Port of Baltimore recently completed a major expansion, which included building a 50-foot berth and dredging the channel. It's in anticipation of increased traffic following the completion of a project to widen the Panama Canal.
Jonathan Blakely NPR

Originally published on Mon May 6, 2013 10:59 am

There is constant motion around four new supersized, Chinese-made cranes as they unload cargo from a ship at the Port of Baltimore's freshly constructed Seagirt Marine Terminal.

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Children's Health
5:02 am
Sat May 4, 2013

Bulletproof Whiteboards And The Marketing Of School Safety

This type of bulletproof whiteboard, produced by the Maryland company Hardwire, has been purchased by a Minnesota school district.
Hardwire, LLC

Originally published on Sat May 4, 2013 7:58 pm

A recent news item out of Minnesota caught our eye: "Bulletproof Whiteboards Unveiled at Rocori Schools."

Bulletproof what? Where?

That would be whiteboards, at the small central Minnesota Rocori School District, which will spend upward of $25,000 for the protective devices produced by a company better known for its military armor products.

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Business
3:49 pm
Fri May 3, 2013

New U.S. Trade Representative Faces Big Challenges Abroad

Originally published on Fri May 3, 2013 7:28 pm

Transcript

MELISSA BLOCK, HOST:

Expanding trade abroad is a high priority for President Obama. This week, he nominated a trusted adviser named Michael Froman to become the next U.S. trade representative. Froman is currently deputy national security adviser for international economic affairs. NPR's Wendy Kaufman reports on the challenges he would face as trade representative.

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The Two-Way
3:28 pm
Fri May 3, 2013

Dow Hits 15,000 For The First Time; Closes Just Shy Of The Mark

Traders work on the floor of the New York Stock Exchange after the morning bell on May 1.
Spencer Platt Getty Images

Originally published on Fri May 3, 2013 3:55 pm

The stock market continues its winning streak: The Dow Jones hit another milestone today, tapping 15,000 for the first time, but closing just shy of the milestone.

This, of course, follows good news about the job market released by the Bureau of Labor Statistics.

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The Two-Way
1:05 pm
Fri May 3, 2013

Employment Numbers Tell Us A Lot (But Not That Much)

Originally published on Fri May 3, 2013 4:17 pm

The nation's unemployment rate hit a four-year low of 7.5 percent and the job market improved last month. Friday's news helped push the Dow Jones industrial average above 15,000 for the first time.

Was that a rational response?

Although the jobs report for April was positive, what triggered the market reaction was the fact that it was better than expected. Instead of 145,000 jobs created, as most economists predicted, the Labor Department says there were 165,000 new jobs.

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Economy
12:27 pm
Fri May 3, 2013

Reality Check: Strapped States Cutting Unemployment Benefits

California saw unemployment benefit cuts of 18 percent go into effect this week, reducing checks for more than 400,000 people.
Douglas Dickens iStockphoto.com

The jobs report for April showed some improvement — but not much — in the unemployment rate and the total number of unemployed workers.

It's not great news for people looking for work, and it's also not great for states. After years of persistently high unemployment, states have drained their unemployment trust fund accounts.

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Economy
11:49 am
Fri May 3, 2013

The Changing Face Of The Working Poor

The latest employment figures are out and they show gains in hiring. The Wall Street Journal's Sudeep Reddy joins host Michel Martin to talk about the report, and the millions of working Americans who still fall below the poverty line.

The Salt
11:09 am
Fri May 3, 2013

How A Distillery Ages Bourbon In Days, Not Years

A bottle of Cleveland Whiskey's bourbon sits on a shelf with empty bottles at the company's distillery.
Courtesy of David Kidd

Originally published on Fri May 3, 2013 1:54 pm

When it comes to bourbon, Tom Lix doesn't believe in age discrimination. Most bourbons might age in the barrel for eight to 12 years or more, but Lix figures his are ready to drink in less than a week.

Lix makes Cleveland Whiskey, a new brand of bourbon that exemplifies two major trends in American whiskey-making today: the desire to speed up the process and the effort to establish a local identity.

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The Two-Way
8:47 am
Fri May 3, 2013

Bangladesh Fears Exodus Of Western Retailers

Relatives react after identifying the body of a loved one who was killed in last week's building collapse in Savar, on the outskirts of Dhaka, Bangladesh.
Munir Uz Zaman AFP/Getty Images

Originally published on Fri May 3, 2013 11:46 am

The Walt Disney Co.'s decision to end its apparel production in Bangladesh after more than 500 people died in the collapse of a garment factory complex has sparked fears of a mass exodus of Western retailers.

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The Two-Way
7:42 am
Fri May 3, 2013

165,000 Jobs Added In April, Jobless Rate Fell To 7.5 Percent

Waiting for work: Job seekers lined up last month at the 25th Annual CUNY big Apple Job and Internship Fair in Manhattan.
Spencer Platt Getty Images

Originally published on Fri May 3, 2013 9:05 am

(Most recent update: 10 a.m. ET.)

The nation's jobless rate edged down to 7.5 percent in April from 7.6 percent in March and employers added 165,000 jobs to their payrolls last month, the Bureau of Labor Statistics reported Friday morning.

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