Business & Education

All Tech Considered
6:17 pm
Tue March 26, 2013

After Yahoo Acquires Summly, Is Buying Math The Next Tech Bubble?

Nick d'Aloisio displays his mobile application Summly, which Yahoo recently purchased for a reported $30 million. But the Internet company is killing the app and integrating the algorithm that drives it into its own technology.
Matt Dunham AP

The news of Yahoo's purchase of Summly, the news-summarizing app created by 17-year-old British wunderkind Nick D'Aloisio, rippled through the news world on Tuesday.

Read more
Same-Sex Marriage And The Supreme Court
3:56 pm
Tue March 26, 2013

'It's Bad For Business': Employers Side With DOMA Opponents

Starbucks is among the companies that have filed a brief against the Defense of Marriage Act, being challenged at the Supreme Court on Wednesday.
Drew Angerer Getty Images

Originally published on Wed March 27, 2013 4:58 pm

On Wednesday, the U.S. Supreme Court will hear a challenge to the Defense of Marriage Act — the federal law that defines marriage as between a man and a woman. And among those asking the justices to strike it down is a broad cross section of corporate America.

Nearly 300 companies have filed a brief arguing that the law — called DOMA for short — hits them where it counts: their bottom lines.

Read more
Technology
3:56 pm
Tue March 26, 2013

Yahoo Buys News App From British Teenager For A Reported $30 Million

Originally published on Wed March 27, 2013 4:58 pm

Transcript

AUDIE CORNISH, HOST:

A British teenager has sold his mobile application to Yahoo for a reported $30 million. Seventeen-year-old Nick D'Aloisio created his app called Summly when he was only 15. As NPR's Jeff Brady reports, the teen will now go to work for Yahoo.

Read more
Around the Nation
3:56 pm
Tue March 26, 2013

Feds Ban Banks From Charging Homeowners Fees On 'Forced Insurance'

Originally published on Wed March 27, 2013 4:58 pm

Transcript

AUDIE CORNISH, HOST:

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

Federal regulators are taking aim at a practice they say is forcing millions of struggling homeowners to pay higher insurance premiums. The Federal Housing Finance Agency issued an order today. It bars banks from charging lucrative fees and commissions on so-called lender-placed insurance policies. NPR's Jim Zarroli explains.

Read more
Money Coach
10:32 am
Tue March 26, 2013

Trillions Earned Under Table As More Work Off Radar

Originally published on Mon April 8, 2013 2:01 pm

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin, and this is TELL ME MORE from NPR News. Coming up, the day when white people no longer make up the majority of the American population is coming, and coming a lot faster than initially predicted. Today, we are going to look at how the browning of the nation could lead to a real divide between the older, white minority and a younger, growing, brown majority. We'll start the conversation about what that might mean for the country's future. That's ahead this hour.

Read more
The Two-Way
10:05 am
Tue March 26, 2013

Head Of Bank Of Cyprus Quits After Appointment Of Special Administrator

Students in the Cypriot capital, Nicosia, protest against austerity measures in front of the presidential residence.
Milos Bicanski Getty Images

Originally published on Tue March 26, 2013 1:56 pm

The chairman of the Bank of Cyprus abruptly stepped down after a special administrator was appointed to oversee its restructuring in the wake of a painful bailout of the island nation by international lenders.

Read more
The Two-Way
8:29 am
Tue March 26, 2013

Home Prices Rose Again In January

A newly built home in San Diego.
Mike Blake Reuters /Landov

Originally published on Tue March 26, 2013 11:07 am

The housing recovery continues:

Read more
The Two-Way
8:10 am
Tue March 26, 2013

Police: Berezovsky's Death 'Consistent With Hanging'

Boris Berezovsky outside a London court in August.
Warrick Page Getty Images

Originally published on Tue March 26, 2013 11:39 am

Boris Berezovsky, the exiled Russian tycoon whose body was found at his U.K. home over the weekend, died from hanging in an apparent suicide, British authorities now say.

"The results of the postmortem examination, carried out by a Home Office pathologist, have found the cause of death is consistent with hanging," the Thames Valley Police said in a statement Tuesday, adding that there were no signs of a violent struggle.

Read more
Business
4:39 am
Tue March 26, 2013

Business News

Originally published on Tue March 26, 2013 8:57 am

Transcript

(SOUNDBITE OF MUSIC)

DAVID GREENE, HOST:

NPR's business news starts with some tough luck in Atlantic City.

Business
4:39 am
Tue March 26, 2013

Drought Limits Corn Cob Pipe Comeback

Originally published on Tue March 26, 2013 8:57 am

Transcript

RENEE MONTAGNE, HOST:

Amazing but true, Popeye and Frosty the Snowman have something in common with General Douglas MacArthur and Mark Twain. They're all known for smoking a corn cob pipe. Corn cob pipes have made a comeback in recent years, welcomed news for the last company in the U.S. mass producing them. It's located in Washington, Missouri, about an hour west of St. Louis.

Still, as St. Louis Public Radio's Rachel Lippmann reports, last summer's brutal heat and drought have been a big challenge.

Read more
Europe
4:39 am
Tue March 26, 2013

Rich Russians Hurt By Cyprus Bank Bailout

Originally published on Tue March 26, 2013 8:57 am

Cyprus has reached a bailout with the European Union. One of the hardest hit groups in this deal is super wealthy Russians. David Greene talks to professor Alena Ledeneva of University College London about the culture of the ultra rich in Russia, and the role they played in Cyprus' economy.

Business
4:39 am
Tue March 26, 2013

The Last Word In Business

Originally published on Tue March 26, 2013 8:57 am

Transcript

RENEE MONTAGNE, HOST:

Our last word in business today is: ambulance taxis.

DAVID GREENE, HOST:

We've all probably thought about it. Sitting in traffic, an ambulance zooms past and you think, I mean, if only I had one of those sirens.

MONTAGNE: Right. And in Moscow, someone saw a business opportunity. Canada's National Post reports that ads have started popping up online offering rides in ambulances for $200 an hour.

Read more
Business
4:33 am
Tue March 26, 2013

Ford Unit Apologizes For Demeaning Ads

Originally published on Tue March 26, 2013 8:57 am

Transcript

RENEE MONTAGNE, HOST:

And out next business story fits in the category of what were they thinking? Ford Motor Company is apologizing for ads sketched up by an agency in India - ads that have been decried as demeaning to women. They are cartoon drawings showing off how spacious a Ford trunk can be. One spoofs Italy's former prime minister, Silvio Berlusconi. He's at the wheel, and in the trunk, three women, tied up.

NPR's Sonari Glinton reports.

Read more
Business
4:08 am
Tue March 26, 2013

Opposition Blocks Return-Free Tax Filing In U.S.

Originally published on Tue March 26, 2013 8:57 am

Transcript

DAVID GREENE, HOST:

Imagine a world with no tax returns.

(SOUNDBITE OF MUSIC)

GREENE: OK, it's just a fantasy. But actually, in some countries taxpayers can sign up to receive simply a bill. The government sends you a tax bill, you pay it and, voila, that's it.

Now, there was an effort to bring return-free filing to the United States, but that effort came up against stiff opposition. And to find out why, we called Liz Day of ProPublica. She's been digging into this issue.

Liz, thanks for joining us.

Read more
Shots - Health News
2:27 am
Tue March 26, 2013

Arkansas Medicaid Expansion Attracts Other States' Interest

Arkansas Gov. Mike Beebe speaks at a rally promoting the expansion of Medicaid in the state in front of the Capitol in Little Rock on March 7.
Danny Johnston AP

Originally published on Tue March 26, 2013 8:57 am

Since the Supreme Court made the Medicaid expansion under the federal health law optional last year, states' decisions have largely split along party lines. States run by Democrats have been opting in; states run by Republicans have mostly been saying no or holding back.

Read more

Pages