Business & Education

The Two-Way
3:22 pm
Thu April 23, 2015

15 Years After The Dot-Com Bust, A Nasdaq Record

As the Nasdaq closes above the record set 15 years ago, stock analysts are debating whether the market is approaching another bubble.
Bryan Thomas Getty Images

Originally published on Thu April 23, 2015 6:03 pm

When it closed at 5,056.06 on Thursday, the Nasdaq Composite Index hit a new high — surpassing the old record close of 5,048.62, reached March 10, 2000, during the dot-com craze.

That also makes it 15 years since that infamous tech bubble burst, sending the index down more than 75 percent by the time it hit bottom.

Read more
The Salt
2:16 pm
Thu April 23, 2015

How Texas Ranchers Try To Clinch The Perfect Rib-Eye

Donnell Brown and another cowboy move a grouping of bulls from one pen to another on rib-eye ultrasound day in March at the R.A Brown Ranch.
David Gilkey NPR

Originally published on Thu April 23, 2015 6:03 pm

We're heading into grilling season, which means breaking out the burgers and brats. But if you're a true meat lover, the slab you'll want to be searing is the rib-eye.

The rib-eye is the bestselling cut of beef in America both at the supermarket and the steakhouse, according to the National Cattlemen's Beef Association.

Beef lovers go crazy for it because of its marbling — the network of fat within muscles that melts on the grill and makes the steak juicy and tender.

Read more
Shots - Health News
1:56 pm
Thu April 23, 2015

Couples Counseling Catches On With Tech Co-Founders

Work partners Jon Chintanaroad (left) and Mike Prestano are all smiles now, but founding a tech startup together threatened their friendship — and their business.
April Dembosky KQED

Originally published on Thu April 23, 2015 6:03 pm

Startups fail for a lot of reasons: bad product, wrong timing. But sometimes, it's just you.

Relationship problems between co-founders are among the biggest reasons companies don't make it. Increasingly in Silicon Valley, business partners are looking for help before things go downhill — they're signing up for couples counseling.

Read more
It's All Politics
1:12 pm
Thu April 23, 2015

Rubio Takes Up Koch Brothers Charge On Export-Import Bank

Sen. Marco Rubio speaks at the First in the Nation Republican Leadership Summit in New Hampshire earlier this month.
Getty Images

Originally published on Thu April 23, 2015 1:25 pm

There's a growing battle in Washington, especially among Republicans, over the Export-Import Bank, an 80-year-old federal agency that helps to finance American companies in foreign trade. Congress must reauthorize the bank by June 30 or it will shut down.

Read more
The Two-Way
10:10 am
Thu April 23, 2015

Germany's Largest Bank Fined $2.5 Billion In Rate-Fixing Scandal

The headquarters of Deutsche Bank in Frankfurt. Germany's largest bank has been hit with a $2.5 billion fine for manipulating a key interest rate. Seven other banks in various countries have also been fined in the far-reaching scandal.
Michael Probst AP

Originally published on Thu April 23, 2015 2:35 pm

Deutsche Bank, Germany's largest bank, has been fined $2.5 billion by U.S. and U.K. regulators for trying to manipulate the so-called LIBOR rate, a benchmark for interbank loans, which in turn is used to set interest rates on everything from credit card debt to mortgages.

The German bank is one of eight financial institutions, including Swiss-based UBS and the Royal Bank of Scotland, that were caught up in the scandal, which involved dozens of traders and managers and spanned a four-year period from 2005-2009.

Read more
Planet Money
6:03 am
Thu April 23, 2015

How A Swiss Cheese Cartel Made Fondue Popular

Originally published on Thu April 23, 2015 6:41 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Business
5:30 am
Thu April 23, 2015

CDC: Blue Bell Listeria Outbreak Started In 2010

Originally published on Thu April 23, 2015 1:22 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Shots - Health News
4:08 am
Thu April 23, 2015

More Whistleblowers Say Health Plans Are Gouging Medicare

Originally published on Fri April 24, 2015 11:29 am

Privately run Medicare plans, fresh off a lobbying victory that reversed proposed budget cuts, face new scrutiny from government investigators and whistleblowers who allege that plans have overcharged the government for years.

Read more
Around the Nation
3:25 am
Thu April 23, 2015

Oklahomans Feel Way More Earthquakes Than Californians; Now They Know Why

Austin Holland, research seismologist at the Oklahoma Geological Survey, gestures to a chart of Oklahoma earthquakes in June 2014 as he talks about recent earthquake activity at his offices at the University of Oklahoma in Norman, Okla. The state had three times as many earthquakes as California last year.
Sue Ogrocki AP

Originally published on Thu April 23, 2015 1:25 pm

A magnitude-3.0 earthquake is small, but most people can feel it. Historically, Oklahoma got less than two of those a year, but in 2013 it became two a week.

It's only gotten more active since then — last year, the state had three times as many earthquakes as in the entire seismically active state of California.

Read more
The Two-Way
4:57 pm
Wed April 22, 2015

New Orleans Bans Smoking In Bars, Restaurants

A sign outside The Red Door lounge last weekend warned about the impending smoking ban in New Orleans.
Gerald Herbert AP

Originally published on Wed April 22, 2015 5:55 pm

You can take your drinks outside on Bourbon Street, but you can no longer bring your smokes indoors.

Effective Wednesday, New Orleans has banned smoking in bars, restaurants and casinos.

The New York Times published an intriguing look at the city's nightlife spots as the ban went into effect.

Here's an excerpt:

Read more
Business
3:51 pm
Wed April 22, 2015

Comcast, Time Warner Push For Merger Approval Amid Opposition

Federal regulators are considering whether to approve the proposed $45 billion merger of Comcast and Time Warner Cable.
Joe Raedle Getty Images

Originally published on Thu April 23, 2015 7:17 am

Officials of Comcast and Time Warner Cable met Wednesday with federal regulators to discuss the companies' proposed $45 billion merger. The deal would create a single company that would control large parts of the cable TV and broadband Internet markets.

A published report said recently that Justice Department staff members have decided to oppose the deal on antitrust grounds. But company officials are using a lot of firepower to get the deal approved.

Read more
Law
3:37 pm
Wed April 22, 2015

Closing Arguments Begin In AIG Bailout Case

Originally published on Wed April 22, 2015 6:59 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

ROBERT SIEGEL, HOST:

Read more
Performing Arts
3:31 pm
Wed April 22, 2015

Actors' Equity Implements $9 Minimum Wage For LA's Small Theaters

Originally published on Wed April 22, 2015 6:59 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

ROBERT SIEGEL, HOST:

Read more
The Two-Way
2:11 pm
Wed April 22, 2015

Google Announces Foray Into The Wireless Business

Google announced on Wednesday that it is venturing into the wireless business by offering a service called "Project Fi."

Essentially, Google is using the Sprint and T-Mobile networks to provide wireless access to users of Google Nexus 6 phones.

That means that service will be limited, but the real news here is that Google is offering the service with a novel pricing scheme in which customers only pay for the data that they use.

Here's how Google explains it in a blog post:

Read more
The Two-Way
11:35 am
Wed April 22, 2015

Bail For Alleged Flash Crash Trader Set At More Than $7M

Originally published on Sat April 25, 2015 2:33 am

A British man who U.S. prosecutors say contributed to the 2010 flash crash on Wall Street has told a London court that he opposes extradition to the U.S.

Read more

Pages