Business & Education

Business
4:16 am
Thu April 25, 2013

Business News

Originally published on Thu April 25, 2013 6:37 am

The lending arm of General Electric has stopped offering financing to retailers whose primary business is selling guns. Around 75 retailers are immediately affected. A company spokesman says this is a response to "industry changes, new legislation and tragic events."

Business
4:16 am
Thu April 25, 2013

The Last Word In Business

Originally published on Fri April 26, 2013 1:46 am

Transcript

RENEE MONTAGNE, HOST:

Our last word in business is good news for the jet setting romantic, possibly bad news for most everyone else on board.

STEVE INSKEEP, HOST:

Virgin Airlines has announced a new service called seat-to-seat delivery, now available on all U.S. flights, which allows passengers to send unsolicited treats to fellow travelers at the touch of a button.

(SOUNDBITE OF MUSIC)

SIR RICHARD BRANSON: Just order a drink, meal or snack, select his or her seat and don't forget to seal the deal with a suggestive seat-to-seat chat.

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NPR Story
4:08 am
Thu April 25, 2013

Should Air Traffic Controllers Be Included In Furloughs?

Originally published on Fri April 26, 2013 1:46 am

Transcript

STEVE INSKEEP, HOST:

Air travelers are growing less and less happy. Automatic budget cuts are now leading to hundreds of flight delays, about half of all delayed flights this week.

NPR's Tamara Keith reports.

TAMARA KEITH, BYLINE: Up until this point, the effects of the sequester have been scattered and hard to pin down: hiring freezes, delayed park openings. But then the furloughs of air traffic controllers the Federal Aviation Administration had been threatening for months hit and, bam, the sequester got real, real fast.

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Business
2:32 am
Thu April 25, 2013

Shifting Retail Landscape Tilts Support For Online Sales Tax

Sen. Lamar Alexander, R-Tenn. (left), leads a news conference about the Marketplace Fairness Act on Tuesday. The legislation would provide states with the authority to require out-of-state retailers to collect and remit taxes on purchases shipped into the states.
Chip Somodevilla Getty Images

Originally published on Fri April 26, 2013 1:46 am

The U.S. Senate may vote this week on the Marketplace Fairness Act, a bill that would allow states to collect sales tax from more online retailers. And as the political and retail landscape has shifted from the last time around, the Senate is expected to approve the measure.

The proposal to require online sellers to collect out-of-state sales tax has been kicked around for many years. For a decade, Amazon was a fierce opponent.

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Planet Money
2:30 am
Thu April 25, 2013

Lady Gaga Writing A New Song Is Like A Factory Investing In A New Machine

But is it GDP?
Charles Sykes AP

Originally published on Fri April 26, 2013 1:46 am

I spoke yesterday with Dan Sichel, a Wellesley economist and a Lady Gaga fan. Both of these facts are relevant for this story.

The U.S. government is about to tweak the way it measures the economy, and some of the biggest changes will affect the entertainment industry.

Under the current system, Sichel told me, Lady Gaga's sales of concert tickets, online songs and CDs all count toward gross domestic product. But the value of the time she spends in the studio working on new songs isn't counted. That's about to change.

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The Salt
2:28 am
Thu April 25, 2013

Step Aside, Gents. Witness The Rise Of Women In Coffee

Three women in coffee leading the way: Stephanie Backus of Portland Roasting, coffee farmer Miguelina Villatoro of Guatemala, and coffee exporter/processor Loyreth Sosa. Here they discuss coffee prices as they survey beans ready for milling.
David Gilkey NPR

Originally published on Thu January 9, 2014 2:49 pm

The inspiration for NPR's Coffee Week arrived in an email last summer. I had just reported on the growing Third-Wave Movement in Coffee, and the burgeoning interest in coffee cuppings.

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Asia
2:25 am
Thu April 25, 2013

These Days, More And More Chinese Have Driven A Ford Lately

Ford, the No. 12 passenger-car seller in China, is showing off 23 vehicles at its exhibit at the Shanghai International Automobile Industry Exhibition this week.
Frank Langfitt NPR

Originally published on Fri April 26, 2013 1:46 am

General Motors has been the American car company in China. Even when GM was in bankruptcy, the Chinese continued to view Buick as a high-status, luxury brand.

But now Ford, an also-ran in the market for years, is making a push to change all that. Last year, Ford's sales were up more than 30 percent in China, and the Ford Focus was the best-selling car in both the world and China.

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The Two-Way
3:44 pm
Wed April 24, 2013

Redesigned $100 Bill To Go Into Circulation After Long Delay

The new Ben Franklin.
Newmoney.gov

Originally published on Wed April 24, 2013 7:30 pm

The redesigned U.S. $100 bill will begin appearing after October with new security features that will make it "easier for the public to authenticate but more difficult for counterfeiters to replicate," the U.S. Federal Reserve said Wednesday.

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Business
3:39 pm
Wed April 24, 2013

Government Continues Investigation Of Boeing's 787s

Originally published on Thu April 25, 2013 3:57 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. Boeing says its 787 jetliner should resume passenger service early next month. The so-called Dreamliner has been grounded since problems with the lithium ion batteries surfaced back in January. Batteries on two different planes overheated. One of them, a Japan Air Lines jet, caught fire. Boeing is now working with airlines to retrofit its planes with redesigned batteries now housed in fireproof boxes.

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Business
3:38 pm
Wed April 24, 2013

Trading Algorithms Make Stock Market Sensitive To Hoaxes

Originally published on Thu April 25, 2013 3:57 pm

Transcript

ROBERT SIEGEL, HOST:

That market dip yesterday that Steve mentioned, the result of a hacked Twitter feed, highlights how much the financial industry relies on computer algorithms. U.S. stock markets lost $200 billion in value in just a few minutes. The markets bounced back when the Associated Press made clear there was no explosion at the White House and the tweet was a hoax.

AUDIE CORNISH, HOST:

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Code Switch
2:33 pm
Wed April 24, 2013

Home Sweet Home Costs More For Blacks And Latinos

A "sold" sign is posted outside a home in Carmel, Ind. Black and Latino homebuyers pay about 3.5 percent more for housing than whites and Asians, according to a study released this week by Duke University.
Michael Conroy AP

Black and Latino homebuyers pay more for housing than whites and Asians, according to a study released this week by Duke University. The price difference is about 3.5 percent.

That may not sound like a lot. But Patrick Bayer, a Duke economics professor who led the study, says when you do the math, that percentage can translate to about $5,000 or $10,000 per housing sale.

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Wisdom Watch
11:04 am
Wed April 24, 2013

From The Border To The Fortune 500

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Now it's time for our Wisdom Watch conversation. That's where we speak with people who've made a difference in their fields.

Today, we hear from one of the most influential tech executives you probably have never heard of unless you're in that field. Not only that, his personal story is just as - if not more - interesting than those of the superstar CEOs you may have heard about in high tech.

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Economy
10:53 am
Wed April 24, 2013

Help Wanted, But Only Part Time

In today's economy, many people in search of work can only find part-time jobs. The Bureau of Labor Statistics finds the number of 'involuntary' part-time workers has doubled since 2006. Host Michel Martin talks about what this means for the workplace and the economy, with The Wall Street Journal's Sudeep Reddy.

The Two-Way
9:06 am
Wed April 24, 2013

Boeing To Resume 787 Deliveries; NTSB Probes Certification

NTSB Chairwoman Deborah Hersman during Tuesday's hearing.
Alex Wong Getty Images

Originally published on Wed April 24, 2013 10:11 am

Update at 10:50 a.m. ET: Boeing to resume deliveries of 787s

Boeing, which had delivered about 50 of its new passenger aircraft before battery failures in January grounded the plane, says it will resume deliveries to airline customers in early May, The Associated Press reports.

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Business
5:03 am
Wed April 24, 2013

The Last Word In Business

Originally published on Wed April 24, 2013 6:20 am

People who measure risk and uncertainty ranked in the top spot of the survey by CareerCast.com. At the bottom of the list with reporters are flight attendants, roofers, mail carriers, meter readers, dish washers and lumber jacks.

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