Business & Education

The Two-Way
1:15 pm
Sun April 14, 2013

Beer Bust: Yankees Rename 'Craft Beer' Stand At Stadium

The New York Yankees' "Craft Beer Destination" met with derision online, after fans noted the beers were all MillerCoors products — and one of them is a cider. The stand now has a new title, the "Beer Mixology Destination."
Amanda Rykoff

Originally published on Wed April 17, 2013 2:39 pm

The baseball season is still young, but the New York Yankees have already faced harsh public criticism. No, we're not referring to their lackluster record. Instead, the Yanks were accused of trying to hoodwink beer drinkers with a new "Craft Beer Destination" concession stand at their Bronx stadium.

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Business
6:28 am
Sun April 14, 2013

Tax Tips For Procrastinators, And You Know Who You Are

A customer goes over tax documents at a post office in New York City on last year's Tax Day.
Justin Sullivan Getty Images

Originally published on Mon April 15, 2013 11:40 am

Still haven't filed your taxes, eh?

Well, you have until 11:59 p.m. Monday to get it all done — or at least file for an extension that gets you off the hook until Oct. 15. To help all of you procrastinators, here are answers to a few of your questions.

If I'm filing by mail, can I come skidding into the post office at 11:58 p.m. and still make the deadline?

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Business & Education
3:58 am
Sun April 14, 2013

'Core' Curriculum Puts Education Experts At Odds

Originally published on Sun April 14, 2013 5:16 pm

At 2 p.m., it's crunchtime for students who write for The Harbinger Online, the award-winning, student news site at Shawnee Mission East High just outside Kansas City, Kan. They've been investigating an initiative to develop common curriculum and test guidelines for states.

The young reporters have pored over countless documents about the Common Core State Standards and talked to Kansas state legislators who pushed for their adoption, trying to understand why they're necessary.

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Author Interviews
4:02 pm
Sat April 13, 2013

'Market Power' And The American Author

Originally published on Sat April 13, 2013 5:09 pm

Many authors struggle to make a living in America, thanks to smaller advances, shrinking royalties and the merging of publishing houses and the impact of e-books. The challenges are embraced by some and make others wary. Writer Scott Turow, who's also president of the Authors Guild, is in the latter camp. Host Jacki Lyden talks to Turow about his recent New York Times op-ed on the topic.

It's All Politics
4:09 am
Sat April 13, 2013

Immigration Debate Puts Farm Workers Union In Spotlight

United Farm Workers members were among the crowd that filled the lawn on Capitol Hill during an immigration rights rally Wednesday.
Jacquelyn Martin AP

Originally published on Sat April 13, 2013 8:58 pm

A new immigration bill is expected to be introduced in the U.S. Senate next week, calling for better border security and a path to citizenship for 11 million immigrants in the United States without legal status.

One big hurdle toward that was cleared this week when the United Farm Workers reached a deal with growers that would address wages and caps the number of visas allowed for new workers.

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Media
3:29 pm
Fri April 12, 2013

Great Long-Form Journalism, Just Clicks Away

As newspapers around the country struggle with declining subscription rates and smaller staffs, passionate, long-form digital storytelling is creating new ways of delivering richly detailed reporting.
Justin Sullivan Getty Images

Originally published on Mon April 15, 2013 10:12 am

In the age of hundreds of cable channels, millions of 140-character bulletins and an untold number of cat videos, a fear has been growing among journalists and readers that long-form storytelling may be getting lost.

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The Two-Way
9:01 am
Fri April 12, 2013

Judge Rejects $20-Million Severance For American Airlines CEO

American Airlines CEO Tom Horton stands next to a control tower at Berlin Brandenburg Airport in March 2012.
Sean Gallup Getty Images

Originally published on Fri April 12, 2013 11:56 am

A severance package of $20 million might have seemed reasonable to American Airlines CEO Tom Horton, but a U.S. bankruptcy judge says it's too much.

The proposed payout, part of a deal that would merge American parent AMR and US Airways Group, first caught the attention of U.S. Trustee Tracy Hope Davis, a Department of Justice official monitoring AMR's Chapter 11 bankruptcy.

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The Two-Way
7:50 am
Fri April 12, 2013

Wholesale Prices Plunge, But So Do Retail Sales

A steep drop in gasoline costs fueled a 0.6 percent decline in wholesale prices from February to March, the Bureau of Labor Statistics says.

Excluding the volatile food and energy sectors, the so-called core rate of inflation was also in check: those prices rose a modest 0.2 percent.

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Business
4:49 am
Fri April 12, 2013

The Last Word In Business

Originally published on Fri April 12, 2013 9:55 am

Transcript

DAVID GREENE, HOST:

And our last word in business today is, what do you want on your burger? The CEO of Burger King Worldwide is stepping down. Forty-three-year-old Bernardo Hees has been wearing the Burger King crown since 2010, when the fast food chain was bought out by 3G Capital.

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Business
4:49 am
Fri April 12, 2013

Eli Lilly To Lay Off 30 Percent Of U.S. Sales Force

Originally published on Fri April 12, 2013 10:25 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with layoffs at Eli Lilly.

(SOUNDBITE OF MUSIC)

Business
4:49 am
Fri April 12, 2013

Ex-KPMG Partner Accused Of Insider Trading

Originally published on Fri April 12, 2013 9:55 am

Transcript

DAVID GREENE, HOST:

In Los Angeles, a former partner at KPMG, one of the big four accounting firms, has been charged with insider trading.

As NPR's Nina Gregory reports, Scott London is accused of trading tips for money and gifts.

NINA GREGORY, BYLINE: The details in the Justice Department's criminal complaint against Scott London read like bad fiction. Bags of hundred dollar bills wrapped in $10,000 bundles, a Rolex worth an estimated twelve-thousand dollars, secrets shared at the country club and covert recordings of phone calls.

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Media
2:33 am
Fri April 12, 2013

Startup CEO Wields Small Antenna In TV Streaming Battle

Aereo CEO Chet Kanojia
Dan Bobkoff NPR

Originally published on Fri April 12, 2013 12:30 pm

A top executive at News Corp. dropped a bombshell this week when he said the company is considering taking Fox's over-the-air network to cable. The announcement follows a court win for a startup company that streams broadcast channels online.

That startup's CEO, arguably the most feared man in television right now, is soft-spoken and rather techy.

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Planet Money
2:28 am
Fri April 12, 2013

The Tax Code, Translated Into Plain English

Tim Boyle Getty Images

Originally published on Fri April 12, 2013 9:55 am

The tax code is full of complicated loopholes and deductions that require professional translation. So I called a bunch of accountants and tax lawyers and asked them: What are your favorite, most confusingly named deductions — and what do they actually mean?

Intangible Drilling Costs

"The government will pay you to dig a hole in the ground," says Howard Rosen, a CPA in St. Louis. "You can write it all off immediately."

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Latin America
2:27 am
Fri April 12, 2013

In The Wake Of Brazil's Boom, Prices To Match

Tatiana Coelho buys fruit from a vendor in a favela in Rio de Janeiro, Brazil, on Sept. 20, 2012. Prices, especially for food, are skyrocketing in Brazil.
Melanie Stetson Freeman Christian Science Monitor via Getty Images

Originally published on Fri April 12, 2013 9:56 am

In Sao Paulo, Brazil's largest city, a Starbucks coffee shop looks as it would in the United States. It has the same jazzy music; the same items on the menu.

There is one thing that is different, though: the prices.

"Everyone told me it's expensive, but when you see it yourself it's shocking," says one customer, Thierry, who is from Geneva and is in town for a wedding.

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Business
4:49 pm
Thu April 11, 2013

Japan's Big Stimulus Move Shocks Globe's Market Watchers

Passersby watch share prices spike in Tokyo on April 4, the day Japan's central bank announced a massive purchase of government bonds. The bank hopes the scale of the effort will boost Japan's slow-moving economy.
Yoshikazu Tsuno AFP/Getty Images

Currency traders were stunned last week by aggressive action from Japan's central bank. The Bank of Japan embarked on a bond-buying program that, by one measure, is twice the size of the extraordinary moves by Ben Bernanke and the Federal Reserve in the United States. The BOJ's move is an effort to shock the Japanese economy out of more than a decade of sluggish growth and deflation.

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