Business & Education

Shots - Health News
8:56 am
Thu February 7, 2013

Despite Rocky Economy, Money For Global Health Remains Solid

After going through a huge growth spurt, money for global health has plateaued recently. The U.S. government remains the biggest donor, but private charities like the Bill & Melinda Gates Foundation have boosted donations.
Courtesy of the Institute for Health Metrics and Evaluation

Originally published on Thu February 7, 2013 9:06 am

Given the world's economic troubles, you'd probably expect money to fight HIV and other illnesses around the world to have plummeted in the past few years.

But foreign aid for global health held steady in 2011 and 2012, hovering right around $28 billion a year, a report published Wednesday finds.

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The Two-Way
7:57 am
Thu February 7, 2013

366,000 New Claims For Jobless Benefits, Down Only Slightly

There were 366,000 first-time clams for unemployment insurance last week, down just 5,000 from the week before, the Employment and Training Administration reports.

Of note: that number from the previous week — 371,000 — is an upward revision. A week ago, the agency estimated there had been 368,000 claims over that period.

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NPR Story
5:00 am
Thu February 7, 2013

Business News

Originally published on Thu February 7, 2013 2:07 pm

Transcript

DAVID GREENE, HOST:

NPR's business news starts with Boeing's battery problem.

Boeing's new fleet of Dreamliner 787 aircraft is grounded. But there is one in the air right now. The FAA cleared the plane's flight this morning from Fort Worth, Texas to Seattle. Engineers at the Boeing factory there will study the plane's lithium ion batteries and look for ways to reduce fire risk. Regulators around the world grounded the Dreamliner last month after batteries overheated on two planes. Only crew are aboard the 787 currently on its way to Seattle.

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NPR Story
5:00 am
Thu February 7, 2013

The Last Word In Business

Originally published on Thu February 7, 2013 2:07 pm

Transcript

DAVID GREENE, HOST:

And we have news of another fire sale. Our last word in business today is the buy of a lifetime.

STEVE INSKEEP, HOST:

That's what some are calling the sale of a 20-acre estate outside Cedar Falls, Iowa, which sold for a winning bid of around $600,000. The precise amount was not disclosed. One expert says to build something like that estate today would cost $1.5 million.

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Europe
2:39 am
Thu February 7, 2013

Privatization Of Greek Assets Runs Behind Schedule

Employees of Hellenic Postbank protest during a strike against the bank's privatization in Athens, in December.
John Kolesidis Reuters/Landov

Originally published on Thu February 7, 2013 2:07 pm

In exchange for multibillion-euro bailouts, Greece was required to sell state-owned assets. But the sweeping privatization process is behind schedule. In addition, European governments are nervous that Chinese, Russian and Arab companies are lining up to take advantage of the Greek fire sale.

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Planet Money
2:34 am
Thu February 7, 2013

'Give Me The Money Or I'll Shoot The Trees'

Pay up, or the bird gets it. (A hoatzin perches on a branch in Yasuni National Park.)
Pablo Cozzaglio AFP/Getty Images

Originally published on Thu February 7, 2013 2:07 pm

Ecuador's Yasuni National Park is one of the most diverse ecosystems on Earth. But there's a complication: The park sits on top of the equivalent of millions of barrels of oil.

This creates a dilemma.

Ecuador prides itself on being pro-environment. Its constitution gives nature special rights. But Ecuador is a relatively poor country that could desperately use the money from the oil.

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School Flexibility
5:03 pm
Wed February 6, 2013

Panel Oks Bill To Give Ala. Schools Flexibility

An Alabama House panel has approved a bill to give local school systems the ability to waive certain regulations or requirements.

The Alabama House Education Policy Committee has approved a bill to give local school systems the ability to waive certain regulations or requirements.


The committee voted Wednesday afternoon in favor of the measure by Rep. Chad Fincher, R- Semmes.


Supporters, including state schools Superintendent Tommy Bice, told lawmakers that research has shown reducing rules and regulations can increase creativity in the classroom. Bice called the bill a vote of confidence in teachers and school leaders.

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Governor - Education
4:46 pm
Wed February 6, 2013

Gov. Bentley Ups School Funding, Level Funds Others

Governor Robert Bentley proposed budgets gives more to education and keep funding for other state agencies flat
Credit State of Alabama

Alabama's governor is proposing an education budget that gives small increases to all levels of education from kindergarten through college.


Gov. Robert Bentley unveiled his recommended budgets Wednesday. His education budget includes a 2.5 percent pay raise for public school employees and a substantial expansion of Alabama's pre-kindergarten program for 4-year-olds.

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It's All Politics
4:02 pm
Wed February 6, 2013

NRA's 'Anti-Gun' List Includes Some Not-So-Obvious Names

The Kansas City Royals professional baseball team is among more than 500 groups and individuals listed by the NRA as "anti-gun."
Jamie Squire Getty Images

Originally published on Wed February 6, 2013 6:12 pm

What do the Kansas City Royals, C. Everett Koop, Jack Nicholson and the United Methodist Church all have in common?

Turns out the Major League Baseball team, the former surgeon general, the actor and the denomination's general board and church society are all enemies of firearms, and as such have made it onto the National Rifle Association's list of "National Organizations With Anti-Gun Policies."

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U.S.
2:59 pm
Wed February 6, 2013

As Drought Intensifies, 2 States Dig In Over Water War

Harlan County Lake, the Republican River's main reservoir in Nebraska, dropped 10 feet during the summer drought and hasn't recovered.
Grant Gerlock

Originally published on Wed February 6, 2013 6:28 pm

Epic water battles are the stuff of history and legend, especially in the West. And as a severe drought drags on in the Midwest, a water war is being waged over a river that irrigates agriculture in Colorado, Nebraska and Kansas.

It's that last border crossing where this water war is under way. Kansas has gone to the Supreme Court to argue that Nebraska uses too much water from the Republican River, and that there's not enough left for Kansas farmers.

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Economy
12:07 pm
Wed February 6, 2013

The Squeeze: Higher Costs And Smaller Paychecks

Originally published on Wed February 6, 2013 12:31 pm

The economy may be on the rebound, but life is getting tougher for some people in the middle class. With rising gas prices, insurance costs, and higher payroll taxes, people are feeling squeezed. Host Michel Martin asks if there's any financial relief in sight.

The Two-Way
11:07 am
Wed February 6, 2013

REI Executive Tapped For Interior; Geithner Joins Council On Foreign Relations

Sally Jewell, president and CEO of REI, who is in line to be the next secretary of interior.
Ron Sachs EPA /Landov

Originally published on Wed February 6, 2013 1:29 pm

Update at 2:25 p.m. ET. It's Official:

Praising Sally Jewell as an executive who turned outdoors equipment retailer REI into one of the nation's most successful and environmentally conscious companies, President Obama just said he is nominating her to be his next interior secretary.

Noting that Jewell, who in a previous job worked as an engineer for Mobil, has also climbed mountains in Antarctica, the president joked about that being "just not something I think of doing."

Our original post:

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Economy
10:55 am
Wed February 6, 2013

With Gasoline Prices Rising, Consumers Are Having A Tough Year

Raul Rivero fills up in Miami. Having less take-home pay at the same time gas prices are rising could dampen consumer spending, economists say.
Joe Raedle Getty Images

Originally published on Wed February 6, 2013 12:30 pm

Business leaders involved in homebuilding, oil drilling or automaking are happy about the way 2013 has kicked off. Lower- and middle-income consumers, on the other hand, are feeling like the year has kicked them in the head.

"Consumers have not rebounded with the arrival of the new year," says Ed Farrell, director of consumer insight at the Consumer Reports National Research Center. "Middle-income Americans were particularly hard hit this month and appear to be losing ground."

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Monkey See
9:55 am
Wed February 6, 2013

Do Not Pass Go, Do Not Get Severance: Interview With An Iron

The Monopoly iron token that was replaced by the new cat token.
Steven Senne AP

Originally published on Wed February 6, 2013 5:07 pm

Wednesday, Hasbro announced that it was welcoming a new member of the Monopoly-token family. And because it asked the Internet, it wound up with a cat. (For whatever reason, the Internet was not offered Gotye or a bacon cupcake.)

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Business
9:51 am
Wed February 6, 2013

In Cost-Saving Move, Post Office Cuts Saturday Delivery

Transcript

DAVID GREENE, HOST:

NPR's business news begins with an ending.

(SOUNDBITE OF MUSIC)

GREENE: The U.S. Postal Service has just announced the end of first class mail deliveries on Saturday. It is part of an effort to slow enormous financial losses. And NPR's Yuki Noguchi has come into the studio to tell us what all this means for customers and the Postal Service. And Yuki, so when will my Saturday deliveries stop?

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