Less than a week after mandatory furloughs began that idled as much as 10 percent of U.S. air traffic controllers, the Federal Aviation Administration has ended its furlough program. The move comes after Congress voted to let the FAA move money around in its budget — a quick response that came after several days of travel delays that were either caused by or worsened by the furloughs.
In a statement released Saturday, the FAA said that it is suspending furloughs for all its employees.
Originally published on Sat April 27, 2013 4:55 pm
Faced with sharp financial losses stemming from the Boston Marathon bombing attack and the days of forced closure that followed, businesses in the affected Copley Square area can apply for federal help, the Small Business Administration announced Friday.
The news comes as people continue to flock to Boylston Street, to pay their respects to victims of the April 15 attacks and to support stores and restaurants that were open for the first Saturday since the bombings and the ensuing manhunt.
The 2012 election was the most expensive in history, but there remain some gaping holes in our knowledge about who paid for what. The Securities and Exchange Commission is considering a proposal to add more transparency in future elections, but it won't happen without a fight.
Originally published on Sat April 27, 2013 2:21 pm
The bidding hasn't closed yet, but a charity auction of a cup of coffee shared with Apple CEO Tim Cook has already attracted offers of more than $600,000 — more than 10 times its estimated value of $50,000. Cook is one of several celebrities taking part in the auction, which benefits the Robert F. Kennedy Center for Justice and Human Rights.
The coffee klatch, currently valued at $605,000, will take place at Apple's headquarters in Cupertino, Calif. And the price may rise even higher — the auction closes on Tues., May 14.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
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And I'm Audie Cornish. The Dreamliner is coming back. FAA regulators have approved a fix for the Boeing Dreamliner 787, which was grounded around the world out of safety concerns. The first redesigned plane could retake to the skies as soon as this weekend out of Ethiopia. NPR's Gregory Warner explains what the world's most modern aircraft means to the cradle of humanity.
Businesses around Copley Square are hoping the Boston Marathon bombings won't be officially declared an act of terrorism. That's because they stand to lose insurance money. Many have business interruption insurance to pay for lost income — but that doesn't apply to terrorism and few businesses pay extra to cover it.
Audie Cornish talks with Jeff Miller a corn and soybean farmer in Lewiston, Ill., near Peoria, about the flooding in the Midwest that's come on the heels of a historic drought. Miller's farm, located right along the Illinois and Spooner Rivers, is already partially flooded, preventing him from planting corn so far this spring.
Originally published on Fri April 26, 2013 12:53 pm
The U.S. Congress — a body not exactly known for its swift feet — raced Friday to complete legislation to help travelers avoid delays at airports.
The House voted 361-41 to approve legislation that the Senate passed without objection late Thursday. The bill gives the Federal Aviation Administration more spending flexibility to cut its budget while avoiding furloughs of air traffic controllers.
Accelerating economic growth is at the top of NPR's business news.
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INSKEEP: U.S. economic growth regained speed in the first quarter of this year, although not as much as economists had hoped. The Gross Domestic Product grew at an annual rate of 2.5 percent. Consumer spending is up and home construction rose, but government spending fell and tax increases, as well as federal budget cuts, are expected to slow economic growth later in the year. Transcript provided by NPR, Copyright NPR.
That's modest growth, and was below the 3.2 percent pace economists had expected to hear about. But growth was up substantially from fourth-quarter 2012, when the economy expanded at a scant 0.4 percent annual rate.
Spain has lived through years of punishing budget cuts and austerity. This morning, its government unveiled a new economic plan which eased budget targets but acknowledged that recovery was still a long way off. Thousands took to the streets in Madrid overnight, protesting the country's past measures and tax hikes that have left many without jobs.