Business & Education

Business & Education
7:24 am
Thu June 27, 2013

Tuscaloosa Reviews Student Housing Market

The entrance to the Woodlands of Tuscaloosa, an apartment complex that is home to many UA students. A task force will study student rental housing in the city of Tuscaloosa.
Chris Pow / al.com

A task force will study student rental housing in the city of Tuscaloosa.

The Salt
3:04 am
Thu June 27, 2013

Coffee Futures: The Highs And Lows Of A Cup Of Joe

Want to invest in coffee futures? One roaster says when it comes to the price of coffee, it "is like a roller coaster."
Joe Raedle Getty Images

Originally published on Thu June 27, 2013 11:49 am

NPR's Uri Berliner is taking $5,000 of his own savings and putting it to work. Though he's no financial whiz or guru, he's exploring different types of investments — alternatives that may fare better than staying in a savings account that's not keeping up with inflation.

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Business
3:04 am
Thu June 27, 2013

Racial Slur Puts Paula Deen's Empire At Risk

Originally published on Thu June 27, 2013 4:15 am

The world's largest retailer Wal-Mart is joining the list of companies severing ties with southern food star Paula Deen. The Savannah, Georgia-based cook and restaurateur has been on the front burner since an admission she used a racial slur in the past.

Business
3:04 am
Thu June 27, 2013

Walgreens Cashes In On Department Stores' Pain

Customers check out at the new flagship Walgreens in Washington, D.C.'s Chinatown.
Brenda Salinas NPR

Originally published on Thu June 27, 2013 12:21 pm

At the turn of the 20th century, drugstores were little more than a pharmacist and a soda fountain. If you wanted to go shopping, you went to a department store.

Now, that trend is reversing. Department stores are suffering and drugstores are booming.

So much so that Walgreens — one of the industry's leaders — is experimenting with expanding its goods and services.

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Business
3:04 am
Thu June 27, 2013

Delta Airlines Fined For The Way It Bumps Passengers

Originally published on Thu June 27, 2013 4:56 am

Transcript

DAVID GREENE, HOST:

And today's last word in business is: Bumped.

Yesterday, we told you about Delta Airlines CEO Richard Anderson. He gave up his seat on a flight to a woman desperately trying to get to Atlanta to pick up her daughter.

RENEE MONTAGNE, HOST:

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Business
3:04 am
Thu June 27, 2013

Business News

Originally published on Thu June 27, 2013 4:49 am

New York City became the most populous place in the United States to require businesses to give employees paid sick leave. Mayor Michael Bloomberg had previously vetoed this requirement, but has now been overruled by the City Council.

Business
3:04 am
Thu June 27, 2013

$99 Game Console Ouya Aims To Take Down Barriers To Fans

The Ouya game console and controller. Games are sold through something like an app store, allowing customers to sample them before buying.
Courtesy of Ouya

Originally published on Thu June 27, 2013 11:37 am

Sony and Microsoft are preparing to launch their latest gaming consoles this fall with price tags from $400 for the PlayStation 4 and $500 for the Xbox One. But this week, a $99 game console went on sale and sold out at Target and Amazon.

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The Two-Way
11:03 pm
Wed June 26, 2013

As People Head Into Space, PayPal Says It Will Follow Them

No Free Doughnuts, Even In Space: PayPal is announcing a project with SETI, aiming to solve issues around taking regular people — and commerce — into space. Here, an artist's rendering of a space hotel, from the Space Tourism Society.
John Spencer Space Tourism Society

Originally published on Thu June 27, 2013 11:48 am

Many people know how to buy things in cyberspace. But what about doing business in outer space? That's the question PayPal says it wants to answer. Citing the looming era of space tourism, the company is creating the PayPal Galactic project along with the SETI Institute, "to help make universal space payments a reality."

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Pre-K Grants
4:41 pm
Wed June 26, 2013

Ala. Awards $7.3M In Grants For Pre-Kindergarten

Alabama will award nearly $7.3 million in grants to increase the number of children enrolled in its pre-kindergarten programs.
Credit Alabama School Readiness Alliance

Alabama will award nearly $7.3 million in grants to increase the number of children enrolled in its pre-kindergarten programs.


Gov. Robert Bentley announced the grant recipients Wednesday. The spending is part of a $9.4 million funding increase approved by the state Legislature.


Bentley had earlier sought an additional $12.5 million in state funding for the program in Alabama's education budget, though lawmakers ultimately approved less money.

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Parallels
12:31 pm
Wed June 26, 2013

Angry Chinese Workers Resort To Direct Action

American Chip Starnes, co-owner of Specialty Medical Supplies, waves Monday from a window where he is being held by angry workers inside his plant at the Jinyurui Science and Technology Park on the outskirts of Beijing. He remained confined to the plant on Wednesday.
Andy Wong AP

When Chinese workers have a grievance, they are increasingly taking dramatic and direct action.

As we've reported, an American executive at a Chinese factory has been prevented by workers from leaving the plant since Friday. Chip Starnes of Specialty Medical Supplies says it's a misunderstanding following a decision to shut down part of his medical-supply business and move some jobs to India where wages are lower.

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Business & Education
7:44 am
Wed June 26, 2013

UAB to Offer Biomedicine Degree Program

UAB will begin offering a degree program in biomedical sciences starting this fall.
uab.edu/news

The University of Alabama Birmingham has announced it will begin offering a degree program in biomedical sciences.

   AL.com (http://bit.ly/10ja0pa) reported Tuesday that the program will start this fall for incoming freshman and sophomores.

   School officials say the first two years of the program will focus on core liberal arts courses. The final two years will focus more on biochemistry, physiology and pathologic diseases.

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Business & Education
7:27 am
Wed June 26, 2013

Alabama State Port Marks 85 years in Operation

The Alabama State Port in Mobile is marking 85 years.
The Associated Press

Alabama's primary seaport is marking 85 years in operation in Mobile.

   The Alabama State Port was dedicated on June 25, 1928. Back then it was called the "Alabama State Docks" and handled exports of coal, forest products and sugar.

   The public terminals still ship coal and forest products, but the cargo today includes automotive components, poultry and steel.

Politics
4:46 am
Wed June 26, 2013

Senate Bill Would Do Away With Fannie Mae, Freddie Mac

Originally published on Wed June 26, 2013 10:13 am

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION, from NPR News. I'm Renee Montagne.

DAVID GREENE, HOST:

And I'm David Greene. Good morning. In the midst of the housing crisis in 2008, the mortgage giants Fannie Mae and Freddie Mac were brought into government hands. And today, over 90 percent of mortgages are guaranteed by the U.S. government. That's a potential burden for taxpayers if mortgages fail. Yesterday, a bipartisan Senate bill was introduced to try to unwind the government takeover, as well as Fannie and Freddie. NPR's Yuki Noguchi reports.

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Environment
4:42 am
Wed June 26, 2013

Coal Industry Concerned By Obama's Climate Change Plans

Originally published on Wed June 26, 2013 10:13 am

Transcript

RENEE MONTAGNE, HOST:

And before leaving on his trip to Africa, President Obama had some other words on another subject. He announced a wide-ranging plan to address climate change. Rather than taking that plan to Congress and fighting it out, Obama is using his executive powers to implement it without new laws. The president wants the Environmental Protection Agency to restrict carbon-dioxide emissions from power plants. The biggest source of those emissions is coal-fired facilities.

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Business
4:34 am
Wed June 26, 2013

Sprint Shareholders Approve SoftBank Merger

Originally published on Wed June 26, 2013 10:13 am

Transcript

DAVID GREENE, HOST:

NPR's business news begins with a new wireless giant.

(SOUNDBITE OF MUSIC)

GREENE: Sprint Nextel, the nation's third largest wireless carrier, is about to be bought out by Japan's SoftBank. The deal was approved by Sprint shareholders yesterday.

And as NPR's Wendy Kaufman reports, this should boost competition.

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