Business & Education

Business
3:41 pm
Wed February 20, 2013

For The Publicly Traded, Going Private Can Be Risky Business

Dell's founder and another tech company have announced plans to take the computer giant private. While companies can benefit from withdrawing from the stock market, there are potential pitfalls as well.
Paul Sakuma AP

Originally published on Wed February 20, 2013 5:11 pm

It's been a busy month for corporate America.

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All Tech Considered
2:23 pm
Wed February 20, 2013

Google's Glass Project: Can You Make The Grade?

This view from Google Glass shows the wearable technology's perspective. Selected applicants will be chosen via social media and given the opportunity to try them.
Google

Originally published on Thu March 20, 2014 3:35 pm

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The Two-Way
1:32 pm
Wed February 20, 2013

Cash-Strapped Postal Service To Launch A New Clothing Line

A mailman for the U.S. Postal Service delivers mail on November 15, 2012 in Miami, Florida.
Joe Raedle Getty Images

The U.S. Postal Service is getting creative in its search for new revenue after last year's $15.9 billion budget shortfall. The agency says it will debut a new clothing and accessories line called Rain Heat & Snow, inspired by its unofficial motto: "Neither snow nor rain nor heat nor gloom of night stay these couriers from the swift completion of their appointed rounds."

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The Two-Way
9:59 am
Wed February 20, 2013

OfficeMax, Office Depot Confirm Merger Deal

Justin Sullivan Getty Images

The deal has been talked about for days. Now it's official:

"OfficeMax Incorporated and Office Depot, Inc. today announced the signing of a definitive merger agreement," reads a statement posted online by Office Depot.

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The Two-Way
9:52 am
Wed February 20, 2013

Japan: Probe Of Battery Fire On Boeing 787 Finds Improper Wiring

The first Boeing 787-881 Dreamliner delivered to All Nippon Airlines.
Keith Draycott FlickrVision

Originally published on Wed February 20, 2013 12:33 pm

Two reports on troubles with lithium ion batteries aboard Boeing's 787 Dreamliner:

In Japan, where a battery on an All Nippon Airlines 787 overheated and began smoking on Jan. 16, forcing the plane to make an emergency landing, the Transport Ministry released a report Wednesday saying it found that the battery in question had been improperly wired.

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UA Drug Roundup
8:07 am
Wed February 20, 2013

UA Students Could Face Expulsion After Drug Sweep

totalfratmove.com

University of Alabama authorities say the students arrested as part of a massive drug sweep centered around the school will be referred to its judicial affairs process.

University spokeswoman Cathy Andreen said that after the judicial reviews are completed, students will receive sanctions up to and including expulsion.


The students also face criminal charges. Authorities say the drug sweep resulted in the arrest of about 100 people.

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The Two-Way
7:53 am
Wed February 20, 2013

Single-Family Housing Starts Edged Up In January

Going up: A construction worker at a housing development in San Mateo, Calif., in June 2012.
Justin Sullivan Getty Images

Work was begun on 0.8 percent more single-family homes in January than had been started the month before, the Census Bureau and Department of Housing and Urban Development say.

And the number of single-family starts was up 20 percent from January 2012.

A 26.1 percent drop in starts, from December to January, on construction of apartment buildings and other multi-family homes dampened the news somewhat.

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Business
5:53 am
Wed February 20, 2013

Boeing's Tech Workers Vote To Authorize Strike

Originally published on Wed February 20, 2013 8:41 am

Transcript

STEVE INSKEEP, HOST:

Boeing has won a partial victory in a contract dispute with its engineering union, and that reduces the odds of a strike, as Ashley Gross of member station KPLU in Seattle reports.

ASHLEY GROSS, BYLINE: The engineering union covers two sets of workers - salaried engineers and hourly technical workers. The engineers voted to accept Boeing's final offer. The technical workers rejected it and authorized a strike.

They'll negotiate again before a walkout, but that split vote puts union leaders like Tom McCarty in a tough position.

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Business
5:53 am
Wed February 20, 2013

Business News

Originally published on Wed February 20, 2013 8:41 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with a jumbo raise.

(SOUNDBITE OF MUSIC)

MONTAGNE: A new regulatory filing by Bank of America shows its CEO received quite a raise last year. Brian Moynihan got nearly a 75 percent increase in 2012 - a pay package valued at more than $12 million. The previous year he was paid a measly $7 million.

B of A's stock has been performing well, but analysts say the bank still faces issues from the financial crisis. Transcript provided by NPR, Copyright NPR.

Politics
5:53 am
Wed February 20, 2013

Automatic Spending Cut Would Cause 'Hardship' For People

Originally published on Wed February 20, 2013 3:39 pm

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. Good morning, I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

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Business
5:53 am
Wed February 20, 2013

The Last Word In Business

Originally published on Wed February 20, 2013 8:41 am

Transcript

STEVE INSKEEP, HOST:

In its quest to stem its losses, the U.S. Postal Service is venturing into new territory. We are you know, of course, it plans to end certain Saturday mail service to trim costs. But the USPS is also looking into a new revenue stream, which is today's last word in business: fashionable delivery.

RENEE MONTAGNE, HOST:

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Health
5:53 am
Wed February 20, 2013

Being Obese Can Weigh On Employees' Insurance

Originally published on Wed February 20, 2013 8:41 am

Transcript

RENEE MONTAGNE, HOST:

As Yuki just reported, employers are looking very closely at using carrots and sticks to get workers to change their unhealthy ways. Let's learn more now about that provision in the health care law which allows employers to put in place wellness programs aimed at improving health and managing health care costs. Morgan Downey is an advocate for people with obesity. He's also the editor of the Downey Obesity Report.

Thanks for joining us.

MORGAN DOWNEY: Not at all. It's my pleasure.

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Business
5:53 am
Wed February 20, 2013

Law Change Makes It Harder To Unlock Cellphones

Originally published on Wed February 20, 2013 8:41 am

Maybe you don't like your mobile phone carrier, but you like your phone and you want to keep it but change providers. An obscure change in federal law makes it illegal to switch without permission from your carrier.

If you have, for example, AT&T, in order to switch to T-Mobile you have to unlock the phone, and AT&T can now stop you from doing that.

The change in the copyright law has some people upset, and they're petitioning the White House for a fix.

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Working Late: Older Americans On The Job
2:08 am
Wed February 20, 2013

When A Bad Economy Means Working 'Forever'

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The recession put a dent in Sims-Wood's savings, and she expects she'll have to stay in the workforce "forever."
Gabriella Demczuk NPR

Originally published on Wed February 20, 2013 7:34 pm

Increasingly, people are continuing to work past 65. Almost a third of Americans between the ages of 65 and 70 are working, and among those older than 75, about 7 percent are still on the job. In Working Late, a series for Morning Edition, NPR profiles older adults who are still in the workforce.

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All Tech Considered
2:04 am
Wed February 20, 2013

In New York, Taxi Apps Raise Objections From Competitors

New York City rules will soon permit yellow cab drivers to accept rides through smartphone apps.
Richard Drew AP

Originally published on Wed February 20, 2013 8:56 am

Even people who've never been to New York can tell you how to hail one of the iconic yellow cabs there. You just raise an arm and flag one down.

But the city wants to change that. Following the lead of cities like San Francisco and Washington, D.C., New York wants to permit passengers to use smartphone apps to find a cab.

Since Mayor La Guardia established New York's modern taxi system in 1937, there have been two big innovations in cab hailing: the whistle and the red light bulb on top of apartment building awnings.

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