Business & Education

Business
4:26 am
Thu March 14, 2013

Tablet Wars Heat Up As Amazon Cuts Kindle's Price

Originally published on Thu March 14, 2013 8:34 am

Transcript

STEVE INSKEEP, HOST:

Now to those things that look like blown up versions of smartphones - tablets. Amazon has just slashed the price on two of its devices.

NPR's Wendy Kaufman reports.

WENDY KAUFMAN, BYLINE: Amazon cut the price of its Wi-Fi only, large screen Kindle Fire HD to $269 and slashed the price of its 4G wireless version to $399 - substantially less than Apple's iPad.

Apple still leads the tablet market, but Technology research firm IDC predicts that Android devices lead by Samsung, will overtake iPads later this year.

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Business
4:26 am
Thu March 14, 2013

GM's Archive Offers Glimpse Of Its Past And Future

Cars at the GM Heritage Center in Sterling Heights, Mich., include a 1951 Le Sabre concept, at left.
General Motors

Originally published on Thu March 14, 2013 12:12 pm

Transcript

RENEE MONTAGNE, HOST:

Let's consider a company, now, that's had lots of ups and downs - General Motors. Most of GM's history is in the form of cars, and that history is housed in a nondescript warehouse in a suburb of Detroit. It's called the GM Heritage Center. Not open to the public, it's an automotive archive.

NPR's Sonari Glinton got a tour.

SONARI GLINTON, BYLINE: There's probably no better job for a car nut than to be in charge of a vast auto archive for one of the biggest and oldest car companies.

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Business
4:26 am
Thu March 14, 2013

Business News

Originally published on Thu March 14, 2013 8:34 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with Samsung's new star.

At least the company hopes it is a star. Samsung is planning to unveil its new Galaxy S4 smartphone tonight in New York City, throwing down a new challenge to Apple's iPhone. The new Galaxy will be the flagship device on Google's Android platform, which dominates the smartphone market.

STEVE INSKEEP, HOST:

Samsung is now the sales leader for the industry, selling almost 385,000,000 cell phones last year.

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Business
4:26 am
Thu March 14, 2013

'Veronica Mars' Fans Set A Kickstarter Record

Originally published on Thu March 14, 2013 8:34 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: Life on Mars.

The TV show "Veronica Mars" starred Kristen Bell as a teenage detective. Critics loved it. It gained a lot of devoted fans, but the show was canceled in 2007 after three seasons.

RENEE MONTAGNE, HOST:

Yesterday, the show's creator took to Kickstarter to raise money to make a movie version of the show. And in less than 12 hours, those devoted fans pledged more than $2 million, smashing the site's records along the way.

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All Tech Considered
5:42 pm
Wed March 13, 2013

'Serendipitous Interaction' Key To Tech Firms' Workplace Design

Google employees play chess at the company's Russian headquarters in Moscow. Experts say tech companies are using "serendipitous interaction" in their workplace design to promote idea sharing and communication between employees.
Krasilnikov Stanislav ITAR-TASS /Landov

Originally published on Wed March 13, 2013 5:44 pm

When Yahoo CEO Marissa Mayer decided to end full-time work-from-home arrangements at her company, a cultural firestorm ignited. But it was just the latest step in Mayer's effort to transform Yahoo's culture.

When the company was founded in the 1990s, it was one of the most exciting places to work in Silicon Valley. Those days are over; Yahoo has fallen woefully behind in the talent wars and now is trying to catch up.

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Business
4:35 pm
Wed March 13, 2013

Fast Fashion's Challenge: Making Money With 'Made In The USA'

American Apparel boasts that all of its products are made in the USA, primarily at its Los Angeles headquarters. Selling garments produced largely by machine, rather than by hand, has helped the company remain profitable.
Mark Ralston Getty Images

Originally published on Wed March 13, 2013 6:02 pm

In the world of fast fashion, two U.S.-based companies loom large: Forever 21 and American Apparel. Both are based in Los Angeles, but the two could not be more different.

American Apparel proudly boasts that the clothes it sells are "made in the USA." In contrast, Forever 21 subcontracts with factories all over the world.

Dov Charney, American Apparel's Canadian-American founder and CEO, has a reputation. "I knew from a very early age — in elementary school — that I was going to rub some people the wrong way," he says.

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Money Coach
11:03 am
Wed March 13, 2013

When Retirement Goes Wrong

Originally published on Wed March 13, 2013 12:34 pm

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Now, we want to take some time to talk about retirement. Later this hour, we will hear from someone who decided to retire at the advanced age of 32 and - no, his last name is not Buffett or Rockefeller or Gates. We'll ask him why and, equally important, how he managed to do this. That's coming up later this hour.

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Money Coach
11:03 am
Wed March 13, 2013

How To Have Your 'First Retirement' At 32

Originally published on Wed March 13, 2013 12:34 pm

Transcript

MICHEL MARTIN, HOST:

We want to turn now to someone who is thinking about retirement in a very different way. Carl Seidman is in his early 30s, but just a few weeks ago, he quit his job as a consultant in Chicago and hopped on a plane to Chile. He's calling it his first retirement and he says you don't have to wait until you're 65 to retire either, and he's going to tell us more about that.

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Birmingham Schools Closing
8:15 am
Wed March 13, 2013

Birmingham Board Approves Plan to Close Schools

People rally protesting the proposed closing of some Birmingham schools in Linn Park in Birmingham, Ala., Tuesday, March 12, 2013.
Mark Almond/malmond@al.com

The Birmingham school board has approved a cost savings plan that calls for closing seven schools and laying off 90 employees.

WBRC-TV reports (http://bit.ly/10DrSJj) that 19 employees in the central office and 71 workers across the system will be laid off.


The schools that will be closed are Center Street Middle School; Councill K-5; Daniel Payne Middle School; Hemphill Pre-K-5; Lewis Elementary School; Norwood K-5; and North Roebuck Elementary School.

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The Two-Way
7:45 am
Wed March 13, 2013

Retail Sales Rose In February; Spending Was 'Relatively Robust'

Retail sales rose an estimated 1.1 percent in February from January and were up 4.6 percent from February 2012, the Census Bureau says.

Kathy Bostjancic director of macroeconomic analysis at the The Conference Board research group, says in an analysis sent to reporters that the report's a sign that "consumer spending remains relatively robust." And since consumers buy about 70 percent of all goods and services, their willingness to spend is a key economic driver.

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Business & Education
6:44 am
Wed March 13, 2013

Plant Expansion to Bring 275 Jobs to Muscle Shoals

North American Lighting's $36 million expansion is poised to bring 275 jobs to Muscle Shoals.
TimesDaily/Matt McKean

The expansion of an Illinois-based lighting company is poised to bring 275 new jobs to their plant in Muscle Shoals.


North American Lighting is planning a $36 million expansion and the Shoals Economic Development Authority agreed Tuesday to allocate $260,000 from its economic development fund toward the project. The Shoals Industrial Development Committee is set to meet Thursday to vote on whether approve the funding.

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Business
4:28 am
Wed March 13, 2013

Indianapolis Airport Named Best In North America

Originally published on Wed March 13, 2013 4:36 pm

Transcript

RENEE MONTAGNE, HOST:

One American airport already has that wow factor, which brings us to today's last word in business, which is: First Class.

STEVE INSKEEP, HOST:

The Indianapolis International Airport was named the Best Airport in North America by the Airports Council International. They're right. It's nice. The annual Airport Service Quality awards are determined by year-round passenger satisfaction surveys.

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Business
4:28 am
Wed March 13, 2013

FAA OKs Boeing Fix For 787 Dreamliner Batteries

Originally published on Wed March 13, 2013 4:36 pm

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with the movement for Boeing.

(SOUNDBITE OF MUSIC)

Business
4:28 am
Wed March 13, 2013

China's Hot Real Estate Market Takes Broad Toll

Originally published on Wed March 13, 2013 4:36 pm

Transcript

RENEE MONTAGNE, HOST:

In China, property prices continue to spiral upwards, despite government efforts to cool off the hot real estate market there. In recent weeks, there have been warnings that the Chinese housing bubble will burst, with dire effects on the broader economy and the entire world. Some don't see that happening, and one skeptic is Leta Hong Fincher. She is a sociology researcher who studies real estate in China. We reached her in Beijing.

Thank you for joining us.

LETA HONG FINCHER: Thank you for having me, Renee.

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Business
4:28 am
Wed March 13, 2013

More Airports Renovating, Adding New Terminals

Originally published on Wed March 13, 2013 4:36 pm

Transcript

STEVE INSKEEP, HOST:

Now let's come back to the United States for this next story, because over the past few years, more than a dozen American airports - big and small - have renovated or added new terminals. The latest in Birmingham, Alabama opens today.

NPR's Russell Lewis reports on why so many airports are sprucing up.

RUSSELL LEWIS, BYLINE: With just hours before the new $200 million terminal was to open, it was a mad dash...

(SOUNDBITE OF DRILLING)

LEWIS: ...as workers drilled signs above the restaurants,

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