Business & Education

The Salt
1:56 am
Wed February 6, 2013

New Hampshire Cuts Red Tape To Put Nanobreweries On Tap

Throwback Brewery co-owner Nicole Carrier and assistant brewer Chris Naro pour beer for customers at their North Hampton, N.H., taproom.
Emily Corwin NHPR

Originally published on Wed February 6, 2013 9:51 am

As beer drinkers demand increasingly obscure beers with ingredients like jalapenos or rhubarb, smaller and smaller breweries are stepping up to the plate. New Hampshire is one state helping these brewery startups get off the ground, with new laws that make it easier for small-scale breweries to obtain licenses and distribute their craft beers.

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Business & Education
5:36 pm
Tue February 5, 2013

S&P Lawsuit Puts Ratings Firms Back In The Spotlight

In a lawsuit, the Justice Department alleges Standard and Poor's misled investors with fraudulent credit ratings. The agency could seek more than $5 billion in damages.
Henny Ray Abrams AP

Originally published on Tue February 5, 2013 6:17 pm

The Justice Department said Tuesday it could seek more than $5 billion in damages from Standard & Poor's, the nation's biggest credit ratings company, a day after it sued the company, alleging that S&P defrauded investors by giving triple-A ratings to risky subprime mortgage investments.

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It's All Politics
5:03 pm
Tue February 5, 2013

Viral Story About Free Wi-Fi Spotlights Mostly Hidden Policy War

FCC Chairman Julius Genachowski last year warned of a "war on Wi-Fi."
Jacquelyn Martin AP

Originally published on Wed February 6, 2013 11:48 am

(Revised on 2/6/1013 at 12:28 pm ET to include FCC comment.)

In Washington, there's always one kind of alleged war or another against some group or idea — the war on women, the war on religion and the war on the Second Amendment come quickly to mind.

This week, many of us became aware of another supposed conflict we had never heard of: essentially, a war on Wi-Fi.

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Business
4:38 pm
Tue February 5, 2013

Business Leaders Band Together On Some Aspects Of Immigration Reform

Originally published on Tue February 5, 2013 5:36 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

President Obama met with business and labor leaders today at the White House. He's trying to build a broad coalition in support of revamping immigration laws. The two sides haven't always seen eye to eye on immigration. But this year, on this issue, they're mostly working together on the issue. We'll hear more in a moment about the evolution of organized labor's position.

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Business
4:38 pm
Tue February 5, 2013

DOJ Sues S&P For Giving AAA Ratings To Risky Mortgage Investments

The Justice Department may seek as much as $5 billion from Standard and Poor's. In a lawsuit filed Monday night, prosecutors accuse the firm of misleading investors with fraudulent credit ratings on dozens of different mortgage bonds. It's not yet clear whether federal officials plan to file a similar suit against the other big rating firms, Moody's and Fitch. Regulators would like to see the industry be more competitive and less dependent on the firms whose securities they are rating.

Business
4:38 pm
Tue February 5, 2013

Dell CEO And Others Take Company Private In $24 Billion Deal

Originally published on Tue February 5, 2013 5:36 pm

Computer maker Dell is going private in a $24 billion deal that highlights the changing fortunes of the PC industry. The buyout is being led by company founder Michael Dell, software giant Microsoft and the private equity firm Silver Lake Partners.

Digital Life
1:05 pm
Tue February 5, 2013

The Twitter Ads Spawned By Super Bowl Blackout

Transcript

NEAL CONAN, HOST:

This is TALK OF THE NATION. I'm Neal Conan.

And now, a look beyond Baltimore and Beyonce to the enduring possibilities of an ephemeral event. When the lights went out at Superdome on Sunday, Twitter lit up. Advertising teams from several companies tried to capitalize with instant ads. Like many of the regular ads, almost of these flopped, but one produced an idea that people are still buzzing about, Oreo cookies. If you work in the ad business, how does social media changed the game? Give us a call, 800-989-8255. Email: talk@npr.org.

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The Two-Way
1:03 pm
Tue February 5, 2013

Economy To Slow This Year As The Government Tightens, CBO Says

While the economy will benefit from continued improvement in "underlying" conditions, the federal government's push to tighten its spending will slow overall growth in 2013, the Congressional Budget Office projects.

In an updated "Budget and Economic Outlook" reported released Tuesday afternoon, the agency forecasts:

-- 1.4 percent growth in gross domestic product this year, vs. 2.3 percent in 2012.

-- 2.6 percent growth in 2014.

-- 4.1 percent growth in 2015.

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Planet Money
12:40 pm
Tue February 5, 2013

When Companies Agree To Huge Penalties But Don't Admit Doing Anything Wrong

Francis Twitty/ iStockPhoto.com

Originally published on Tue February 5, 2013 4:07 pm

It happens all the time: The government announces some giant settlement with a company that's been accused of doing something wrong. The company agrees to pay some massive fine. Then, in the fine print, there's something along the lines of: "The company neither admits nor denies any wrongdoing."

Recently, though, some powerful people have been pushing back, rejecting deals that include this kind of fine print.

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Your Money
10:43 am
Tue February 5, 2013

Score More Dates By Improving Your Credit

Originally published on Tue February 5, 2013 11:03 am

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin, and this is TELL ME MORE from NPR News. Coming up, people often talk about the struggle to get into college but for many students, finishing is really the big challenge. Our next guest has some practical tips for students, to help them make it to the finish line.

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Montgomery Grade Scandal
10:10 am
Tue February 5, 2013

4 Workers to be Reinstated in Grade-Changing Case

School System Attorney Spud Seale.
montgomerylawyers.com

Montgomery school officials say four of the seven Montgomery Public Schools employees placed on paid administrative leave during an investigation into improper grade changing will be reinstated.

The Montgomery Advertiser reports (http://on.mgmadv.com/11PrgPY) that three employees were cleared of all wrongdoing, and a fourth was found to have only followed the directions of a supervisor.

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The Two-Way
8:48 am
Tue February 5, 2013

Dell Seals $24.2 Billion Buyout Deal; Founder Among Buyers

Matt Rourke AP

Originally published on Tue February 5, 2013 11:56 am

"Slumping personal computer maker Dell is selling itself for $24.4 billion to its founder and a group of investors that includes Microsoft," The Associated Press writes, in "the largest deal of its kind since the Great Recession dried up financing for risky maneuvers like this."

The wire service adds that "the complex agreement announced Tuesday will end Dell Inc.'s nearly 25-year history as a publicly traded company. Shareholders are receiving $13.65 per share for their stock. ... Founder Michael Dell will remain the company's CEO and largest shareholder."

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Business
5:59 am
Tue February 5, 2013

S&P To Face Fraud Suit Over Mortgage-Backed Securities

Originally published on Tue February 5, 2013 12:47 pm

Transcript

STEVE INSKEEP, HOST:

The U.S. Justice Department plans to file a civil suit this week accusing the credit rating company Standard and Poor's of fraud. Standard and Poor's is the company that famously downgraded U.S. debt in 2011. This investigation focuses on S and P's actions before the financial crisis. The civil action accuses S and P of fraudulently inflating the ratings of mortgage investments, setting them up for the crash that lead to the great recession. The investigation is the focus of today's Business Bottom Line, and here's NPR's Jim Zarroli.

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Business
5:54 am
Tue February 5, 2013

FCC Proposes Public WiFi Network

Originally published on Tue February 5, 2013 12:47 pm

Transcript

RENEE MONTAGNE, HOST:

The federal government has proposed an ambitious plan to build public WiFi networks throughout the country. The idea is to boost innovation and make the Internet cheaper and more accessible.

STEVE INSKEEP, HOST:

The Federal Communications Commission wants to do this by acquiring wireless spectrum from television broadcasters, including certain airwaves and set them aside for public use.

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Business
5:50 am
Tue February 5, 2013

Reports: Dell To Become Private Company

Originally published on Tue February 5, 2013 12:56 pm

A $24.4 billion buyout that would take computer maker Dell private was announced Tuesday. The group negotiating to buy the company includes private equity firm Silver Lake, Microsoft and Dell's founder Michael Dell.

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