Business & Education

Economy
3:54 pm
Tue July 9, 2013

Dollar-Euro Exchange Rate Can Reveal Pulse Of Global Economy

Originally published on Tue July 9, 2013 5:00 pm

Transcript

ROBERT SIEGEL, HOST:

And now for our regular primer on global economics, no student loan required. Remember the European economic crisis? Just months ago, there was near panic that the euro zone would collapse, bringing down with it the entire international economy, again. So, how is Europe doing now and what is the overall state of the global economy? Well, one place economists look for answers to those questions is in the exchange rate between dollars and euros.

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Business
3:54 pm
Tue July 9, 2013

Despite Scandal, Wall Street Lines Up To Bid For LIBOR

Originally published on Tue July 9, 2013 5:00 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

On Wall Street, many things are bought and sold, including, occasionally, interest rates. That happened today. The owner of the New York Stock Exchange bought LIBOR, a hugely influential benchmark rate that is set in London. LIBOR is used to set many other interest rates, from credit cards to derivatives contracts.

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The Two-Way
12:56 pm
Tue July 9, 2013

Kroger Buys Harris Teeter In $2.5 Billion Grocery Deal

Originally published on Tue July 9, 2013 5:30 pm

In a merger of grocery chains, Kroger Co. is buying Harris Teeter Supermarkets Inc., the companies announced Tuesday. The move expands the reach of Kroger, already the nation's largest grocery chain, into the Mid-Atlantic region. The buyout values Harris Teeter at $49.38 per share, a premium of more than 33 percent over its share price earlier this year.

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Shots - Health News
10:29 am
Tue July 9, 2013

Who's Watching When You Look For Health Information Online?

Down the online privacy rabbit hole.
NPR

Originally published on Tue July 9, 2013 10:54 am

When it comes to sensitive health information, government-run websites appear to do a better job protecting your privacy than many news and commercial sites.

A brief survey published online by JAMA Internal Medicine looked at how 20 health-related websites track visitors. They ranged from the sites of the National Institutes of Health to the health news section of The New York Times online.

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Business & Education
8:02 am
Tue July 9, 2013

Ala. Airport Undergoing $1 Million Upgrade

The Northwest Alabama Regional Airport is undergoing upgrades of about $1 million. They're expected to be finished by the end of the year.
Northwest Alabama Regional Airport photo

The Northwest Alabama Regional Airport is in the midst of a roughly $1 million upgrade that officials expect to be finished by the end of the year.

   Director of the Muscle Shoals airport Barry Griffith tells the TimesDaily of Florence (http://bit.ly/12Tq4id ) the airport's last upgrade happened about 20 years ago and the building has started showing signs of deterioration in certain areas.

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Business
4:01 am
Tue July 9, 2013

Companies Cash In On Royal Baby Watch

Originally published on Tue July 9, 2013 6:18 am

Britain's latest royal may arrive this weekend. Advertising Age reports Harrod's, the venerable British department store, is selling royal baby china. Others getting in on the action: Krispy Kreme is offering doughnuts with pink or blue filling, which color you get is a surprise — just like the baby's gender.

Business
4:01 am
Tue July 9, 2013

Alcoa Kicks Off Earnings Season

Originally published on Tue July 9, 2013 4:56 am

Over the next few weeks, thousands of U.S. based publicly traded corporations will be reporting their quarterly results. Within days though, judgments will start to be made on whether the economy is holding up well enough to justify stock prices that are approaching a new peak. Alcoa says it lost more money than expected during the second quarter of this year because of restructuring costs.

Business
4:01 am
Tue July 9, 2013

Barnes & Noble CEO William Lynch Resigns

Originally published on Tue July 9, 2013 6:01 am

Lynch's exit comes just two weeks after the bookseller announced it was shelving its goal of becoming a player in the tablet business. Lynch has a tech background, and as CEO focused his attention on the Nook digital business. But the quarter that just ended showed huge losses for the digital devices.

Games & Humor
2:43 am
Tue July 9, 2013

A Zombie Horror Game, Inspired By ... A Nature Documentary?

In The Last of Us, a fungus called Cordyceps that commonly infects insects has jumped over to humans, creating a fungal zombie apocalypse.
Naughty Dog

Originally published on Tue July 9, 2013 10:20 am

The Last of Us is a new survival horror video game and it features — no big surprise — zombie-like creatures. But these are not the same old zombies that have dominated movie and TV screens in the past few years.

Neil Druckmann, creative director for The Last of Us, says he wanted a fresh new way to wipe out humanity — and he found it in a BBC documentary series called Planet Earth, which depicts the scary effects of the Cordyceps fungus.

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U.S.
2:42 am
Tue July 9, 2013

Employers Face Changes After Same-Sex-Marriage Ruling

The Supreme Court's decision striking down the Defense of Marriage Act will bring changes to retirement plans, health care and other benefits.
iStockphoto.com

Originally published on Tue July 9, 2013 9:45 am

There are an estimated 225,000 Americans in legally recognized same-sex marriages. The Supreme Court's recent ruling striking down a key provision of the Defense of Marriage Act means they are now eligible for the same federal benefits as straight couples.

Many of those benefits touch the workplace, and employers are beginning to think about the changes they will have to make.

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U.S.
3:43 pm
Mon July 8, 2013

In The World Of Air Travel, Not All Passengers Created Equal

Only a few of these passengers will be able to get flights out of San Francisco, depending on how many miles they fly and their "value" to the airline.
Marcio Jose Sanchez AP

Originally published on Tue July 9, 2013 11:36 am

When Asiana Flight 214 from South Korea crashed onto the runway at San Francisco International Airport on Saturday, hundreds of flights into that airport were canceled, stranding thousands of travelers at airports across the country.

The Asiana crash came right in the middle of a holiday weekend, disrupting airline networks. And it occurred during a weekend when many flights were intentionally overbooked.

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The Salt
3:35 pm
Mon July 8, 2013

France Battles Scourge Of Ready-To-Eat Meals In Restaurants

We're guessing microwavable, premade meals are not an issue in this kitchen, at the three-Michelin-star restaurant L'Auberge du Pont de Collonges near Lyon, France.
Laurent Cipriani AP

Originally published on Wed July 10, 2013 1:47 pm

France's vaunted culinary culture has been taking it on the chin lately.

First came the news, which we told you about in April, that the majority of France's restaurants are now fast-food joints.

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Parallels
10:45 am
Mon July 8, 2013

Retailers Sign Pact On Bangladesh Factory Inspections

A Bangladeshi worker participates in a protest outside a garment factory in Dhaka, Bangladesh, on Sunday. Hundreds of garment workers demanded better conditions.
A.M. Ahad AP

Originally published on Mon July 8, 2013 12:36 pm

We've been following the story of the collapse in Bangladesh of a building that housed several factories where clothes were made for Western retailers. More than 1,000 people died in that disaster in April, and the incident shed light on working conditions in Bangladesh, the world's No. 2 exporter of clothing.

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Business & Education
7:53 am
Mon July 8, 2013

Officials Note Shortage of Workers in Tech Fields

State officials say they're working with educators and business owners to address a gap between students and a shortage of workers for in-demand job markets in the state.

   Director of the Alabama Commission on Higher Education, Gregory Fitch, tells the Montgomery Advertiser (http://on.mgmadv.com/16Yr9Wn ) technical and industrial fields ranging from trucking to engineering and welding are seeing a shortage of qualified workers in Alabama because they're careers that students no longer consider as options.

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Education
3:45 am
Mon July 8, 2013

Congress Called On To Reverse Student Loan Rate Increase

Originally published on Mon July 8, 2013 1:02 pm

Rates on federally subsidized Stafford loans, which help low and middle-income college students, doubled on July 1. There is now pressure for a deal to undo the increase. NPR's David Greene talks to Matthew Chingos, a fellow at the Brookings Institution's Brown Center on Education Policy.

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