Business & Education

Around the Nation
10:46 am
Fri August 9, 2013

Uncomfortable In America, Young Immigrant Says Goodbye

Tiffanie Drayton's mother moved her family to the U-S for a better life. But it wasn't all it was cracked up to be. Now back in her native Trinidad, Drayton tells host Michel Martin what inspired her to share her story in the Salon piece 'Goodbye to my American Dream.' Byline: Michel Martin

Business
9:28 am
Fri August 9, 2013

UBS To Pay $120 Million In Lehman Brothers Dispute

Originally published on Fri August 9, 2013 11:06 am

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with more fallout from the financial crisis.

Swiss banking giant UBS has agreed to pay $120 million to settle a lawsuit by investors. The case goes back to 2007. Investors say they were misled about the health of the financial firm Lehmann Brothers when UBS was selling them investments linked to Lehmann's debt. Lehmann collapsed into bankruptcy in September 2008. The settlement resolves claims of about $1 billion. Transcript provided by NPR, Copyright NPR.

Shots - Health News
9:19 am
Fri August 9, 2013

'Aetna, I'm Glad I Met Ya!' — On Twitter

Evidently, an old insurer can learn new tricks.
Bob Child AP

Originally published on Fri August 9, 2013 11:12 am

A few weeks back, Sharon Roberts, who had been diagnosed with endometrial cancer last year, tweeted:

@teachdance11: the BRCA gene test is 2 parts. Aetna paid $300 part. Not the $7000 part. Gotta be rich to be in the know

The 55-year-old teacher in Houston was surprised when @aetnahelp, a Twitter account created for customer assistance by the insurance company Aetna, quickly responded.

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All Tech Considered
7:52 am
Fri August 9, 2013

The Sheryl Sandberg Effect: Rise Of Female COOs

Facebook CEO Mark Zuckerberg and Facebook COO Sheryl Sandberg, in 2008.
Dan Farber via Flickr

Originally published on Fri August 9, 2013 12:34 pm

As part of our reboot of All Tech Considered, we've been inviting contributors to blog about big-picture questions facing tech and society. One theme we're exploring is the lack of women and people of color in tech — a gap so glaring that ridiculously long lines at tech conferences have inspired photo essays and Twitter feeds.

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Business
5:25 am
Fri August 9, 2013

Powerball Winners Are Beginning To Come Forward

Originally published on Fri August 9, 2013 11:06 am

Transcript

DAVID GREENE, HOST:

And today's last word in business is jackpot.

Wednesday's $448 million Powerball drawing had three winning tickets. One is held by a project engineer in Minnesota. And this morning we're hearing some county garage workers in New Jersey have a lot to celebrate.

LINDA WERTHEIMER, HOST:

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Business
5:22 am
Fri August 9, 2013

Britain's Trade Deficit Narrowed In June

Originally published on Fri August 9, 2013 11:06 am

Transcript

LINDA WERTHEIMER, HOST:

NPR's business news starts with good numbers for the U.K.

New data this morning shows Britain's trade deficit narrowed more than expected in June, helped by a healthy rise in exports. Exports hit $67 billion in June. That's a new high for the U.K. The strong performance indicates Britain may finally be emerging from years of stagnation. Transcript provided by NPR, Copyright NPR.

Business
4:55 am
Fri August 9, 2013

FTC Receives Complaints About Learning Apps For Babies

Originally published on Fri August 9, 2013 11:06 am

Transcript

DAVID GREENE, HOST:

Maybe you've seen a busy parent do this - hand over their smart phone to a child with a kid-friendly app running to keep them busy. Well, yesterday an advocacy group complained to the Federal Trade Commission that Fisher Price is deceiving parents by promoting its Laugh & Learn apps as educational.

NPR's Laura Sydell reports.

LAURA SYDELL, BYLINE: Babies are encouraged to learn about shapes and colors on this version of Laugh & Learn apps.

(SOUNDBITE OF LAUGH & LEARN APP)

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Economy
4:22 am
Fri August 9, 2013

How is The U.S. Economy Doing? Examining Latest Data

Originally published on Fri August 9, 2013 11:06 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION, from NPR News. I'm David Greene.

LINDA WERTHEIMER, HOST:

And I'm Linda Wertheimer.

It was a good week for the economy, at least according to the data. To talk about what the latest numbers tell us about the health of the economy, we reached Ryan Avent. He writes for The Economist magazine.

Good to have you on our program, Ryan.

RYAN AVENT: It's great to be here.

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Digital Life
4:22 am
Fri August 9, 2013

New Digital Amber Alerts Could Create A Backlash

Amber Alerts were issued as cellphone text messages in California this week.
NPR

Originally published on Fri August 9, 2013 12:20 pm

A couple of nights ago I had just closed my book, turned off my light, and was drifting off to sleep when my cellphone started to shriek. I shot awake and groped for the phone. My sleep-befuddled brain was greeted with this message: "Boulevard, CA Amber Alert update." Then there was a license plate number, and a make and model of the car.

Groggily, I Google this town — Boulevard, Calif. — and discovered it was 541 miles away from my house. That's more than the distance between Washington, D.C., and Detroit. I was mystified. Why was I getting this?

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Planet Money
2:07 am
Fri August 9, 2013

Tourre Juror: 'We Saw Goldman As The Bigger Problem'

Fabrice Tourre, outside the courtroom. "We didn't feel any malice toward him," one of the jurors said.
Richard Drew AP

Originally published on Fri August 9, 2013 11:06 am

Beth Glover was a juror on the trial of former Goldman Sachs trader Fabrice Tourre. When the lawyers were discussing the mortgages tied to the securities at the center of the case, Glover realized that, for all intents and purposes, they were talking about her mortgage.

"When they were looking at the subprime mortgage groupings, I think I would have been in one of those," Glover told me. "I didn't have as great as FICO score at that time."

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All Tech Considered
2:04 am
Fri August 9, 2013

On Vine, Brands Look To Deliver Their Message In Six Seconds

Jethro Ames uses the camera on his smartphone to take six- second videos on Vine. He's produced clips for various companies like GE Appliances and MTV.
Daniel Hajek NPR

Originally published on Fri August 9, 2013 11:06 am

Try telling a story in six seconds. With the social media app Vine, owned by Twitter, users are doing just that. They're creating everything from artistic pieces to random comedy sketches in six-second videos that loop endlessly.

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Business
2:03 am
Fri August 9, 2013

The Changing Story Of Teens And Cars

To teens today, cars aren't important in the same way they were in American Graffiti, the 1973 film directed by George Lucas.
Lucasfilm/Coppola Co/Universal

Originally published on Mon August 19, 2013 4:29 pm

This is the first of a series of stories produced in collaboration with Youth Radio on the changing car culture in America.

When you're a teenager, there are many things you desperately want to find: friends, fun, a future, freedom.

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Private School Tax Credits
5:24 pm
Thu August 8, 2013

Rule On Private School Transfer Raises Concerns

The only proposed rule for Alabama's new private school tax credits that's raising any concern is one saying the credits don't apply for children already in private school.

The only proposed rule for Alabama's new private school tax credits that's raising any concern is one saying the credits don't apply for children already in private school.

Alabama's Revenue Department planned a full day Thursday for a public hearing about its proposed rules for implementing the new Alabama Accountability Act. Few people showed up.

The new law provides state tax credits for parents who transfer their children from a failing public school to a private school.

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Montgomery-Credit Rating
4:41 pm
Thu August 8, 2013

Moody's Places City Of Montgomery Under Review

Moody's Investors Service has placed the city of Montgomery under review for a possible credit rating downgrade.
Credit AP Photo

Moody's Investors Service has placed the city of Montgomery under review for a possible credit rating downgrade.


The Montgomery Advertiser reports that the city's current Aa2 rating is in jeopardy.


A recent report said the current rating is in jeopardy because of a deteriorated reserve fund, a deficit in funding medical insurance and the city's recent failures to achieve projections established in previous budget plans.

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School System-Buses Eliminated
4:28 pm
Thu August 8, 2013

Alabama School System To Host Forum On Bus Plans

The Hoover school system is planning a forum Thursday night for parents to weigh in on earlier plans to eliminate bus routes.
Credit hoovercity.schoolinsites.com

A school system in suburban Birmingham is planning a forum for parents to weigh in on earlier plans to eliminate bus routes.


The Hoover school system plans the forum for 7 p.m. Thursday at Spain Park High School.


School system officials have been reconsidering some aspects of the plan after a wave of complaints by parents and school bus drivers.


Earlier, the school board had voted to eliminate bus routes for everyone but special education students beginning in August 2014 as part of a plan to save $2.5 million annually.

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