Business & Education

The Two-Way
6:21 am
Wed May 15, 2013

Book News: Justice Department Says Apple Led Price-Fixing Ring

Former Apple CEO Steve Jobs at the 2011 Apple World Wide Developers Conference in San Francisco. He died later that year.
Justin Sullivan Getty Images

Originally published on Wed May 15, 2013 7:54 am

The daily lowdown on books, publishing, and the occasional author behaving badly.

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Business
5:39 am
Wed May 15, 2013

Budget Deficit Outlook Improves Since February

Copies of President Obama's budget plan for fiscal 2014 are prepared for delivery at the U.S. Government Printing Office in Washington in April. The Congressional Budget Office has sharply cut the outlook for the federal deficit.
J. Scott Applewhite AP

Originally published on Wed May 15, 2013 10:22 am

As the economy improves, the federal budget deficit is growing dramatically smaller. The Congressional Budget Office has sharply revised its estimates from just a few months ago, knocking off $200 billion in red ink for the current fiscal year. Some temporary factors are being cited for the projected improvement.

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Business
5:35 am
Wed May 15, 2013

Wal-Mart Won't Sign Pact, Has Own Way To Protect Workers

Following a factory collapse in Bangladesh that killed more than 1,000 people, Wal-Mart has declined to join a multi-company factory safety accord to try to prevent future disasters. Instead, the world's largest retailer announced its own set of inspection and safety measures.

Business
5:28 am
Wed May 15, 2013

'Revolutions' Unfold Within Oil Industry

In the stodgy world of global oil, we don't hear the term revolution tossed around very often. But oil analysts are watching dramatic change take place on the supply side of the industry. Things like where the oil is coming from and who is buying it.

Business
5:19 am
Wed May 15, 2013

Grad Students Tracks His Online Moves, Looks To Sell Data

Everyone is tracked by marketers online. Federico Zannier wants to sell his information.
myprivacy.info

Originally published on Thu May 16, 2013 8:50 am

You know you're being tracked by marketers online. But instead of fighting it, a grad student in New York decided to sell his personal data directly.

It wasn't hard to get hold of Federico Zannier. His phone number and email are right on his website. For a couple of bucks, I could have learned a lot more about him.

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The Changing Lives Of Women
4:32 am
Wed May 15, 2013

Stay-At-Home Dads, Breadwinner Moms And Making It All Work

Dawn Heisey-Grove hands off Zane to Jonathan after a midday feeding. The couple were both working full time when Jonathan lost his job as a graphic designer two years ago.
Kainaz Amaria/NPR

Originally published on Thu May 16, 2013 8:21 pm

The next time you see a father out shopping with his kids, you might need to check your assumptions.

"I'll get the, 'Oh, look, it's a dad! That's so sweet!' "says Jonathan Heisey-Grove, a stay-at-home father of two young boys in Alexandria, Va., who is pretty sure the other person assumes he's just giving Mom a break for the day. In fact, he's part of a growing number of fathers who are minding the kids full time while their wives support the family and who say societal expectations are not keeping up with their reality.

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U.S.
2:30 am
Wed May 15, 2013

Budget Woes Mean Big Delays For Small Claims Courts

Members of the Save Our Courts coalition rally outside the Los Angeles County Courthouse in March. The county will soon cut the number of courthouses handling small claims cases from 27 to six.
Damian Dovarganes AP

Originally published on Fri May 17, 2013 4:14 am

Across the country, cash-strapped state and local governments are not just cutting services — they're also cutting access to courts. The tip of the iceberg may be small claims courts.

These courts, dealing with disputes involving small sums of money, are the workhorses of the judicial system. There are thousands of such courts across the country, but perhaps nowhere are they being cut more dramatically than in California.

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Business
3:56 pm
Tue May 14, 2013

U.S. Battling Other Countries To Be Cheapest Source Of Goods

Originally published on Tue May 14, 2013 6:15 pm

Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

There is a global race on, an odd one. Countries are competing to be the cheapest source of goods. We're not talking about low-wage countries, like China or Bangladesh. No. This is a battle between Japan and Germany and the United States. And today, the Bureau of Labor Statistics revealed the latest scores in this race.

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The Two-Way
3:47 pm
Tue May 14, 2013

Huge Boost In U.S. Oil Output Set To Transform Global Market

IEA chief Maria van der Hoeven, seen in a 2011 photo, said that North American production has set off a "supply shock that is sending ripples throughout the world."
AFP AFP/Getty Images

Originally published on Tue May 14, 2013 4:48 pm

U.S. oil production is rising sharply and increased output from shale will be a "game changer" in global energy markets in the coming years, according to a new report out Tuesday by the International Energy Agency.

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The Two-Way
2:43 pm
Tue May 14, 2013

Holder Defends Subpoena Of Journalists' Phone Logs

Attorney General Eric Holder says he recused himself last year from a national security leak probe in which prosecutors obtained the phone records of Associated Press journalists.
Chip Somodevilla Getty Images

Originally published on Tue May 14, 2013 4:42 pm

Attorney General Eric Holder has defended the Justice Department's actions in secretly obtaining journalists' phone records as part of a probe into leaks of classified material, but said he himself had nothing to do with the subpoena.

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Money Coach
11:26 am
Tue May 14, 2013

Why Should We Care About The Stock Market?

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Coming up, by now, you've probably heard about so-called Tiger Moms and Dads. That term refers to Asian-American parents who allegedly keep their cubs on a tight leash and demand academic excellence. Now we're learning more about whether that parenting style really works. We'll talk about that in just a few minutes.

But first we want to talk about something you've probably heard about, even

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News
11:23 am
Tue May 14, 2013

Whatever Happened To The Economy?

The economy is still a big issue, but Washington isn't doing much about it.
Paul J. Richards AFP/Getty Images

Originally published on Tue May 14, 2013 1:36 pm

Remember the economy?

The election year was dominated by talk about jobs and the economy, but neither the administration nor Congress seems to have any grand ideas for jump-starting a still sluggish recovery — and they're not even talking about it much.

President Obama sought to turn attention back to economic issues with a speech last week in Texas on manufacturing, but that's already long since been forgotten. A cascade of scandals has driven the issue entirely off the Washington radar.

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Business
3:49 am
Tue May 14, 2013

Business News

Originally published on Tue May 14, 2013 12:19 pm

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with the possible breakup of Sony.

(SOUNDBITE OF MUSIC)

Business
3:49 am
Tue May 14, 2013

The Last Word In Business

Originally published on Tue May 14, 2013 12:19 pm

Transcript

DAVID GREENE, HOST:

Our last word in business today is: Bluth's Frozen Banana Stand.

(SOUNDBITE OF TV SHOW, "ARRESTED DEVELOPMENT")

JEFFREY TAMBOR, ACTOR: (as George Bluth Sr.) There's always money in the banana stand. Don't touch me.

GREENE: The fictional banana stand was part of a running joke on the TV program "Arrested Development." and for short time it is a reality in New York City.

STEVE INSKEEP, HOST:

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Politics
3:49 am
Tue May 14, 2013

Lawmakers Call For Hearings On IRS Scandal

Originally published on Tue May 14, 2013 12:19 pm

Transcript

DAVID GREENE, HOST:

This IRS scandal has given Republicans an unexpected opportunity to chide the Obama administration. And it comes as the GOP was resurrecting questions about how top Washington officials, including the president, handled the attacks on a U.S. diplomatic compound in Benghazi, Libya last year.

NPR's David Welna has more on the latest political firestorm.

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