Business & Education

Media
2:04 am
Wed December 4, 2013

OMG, BuzzFeed Is Investing In Serious News Coverage! Is It FTW?

BuzzFeed's content is created by both paid staff members and users of the site.
Matt Haughey Flickr

Originally published on Wed December 4, 2013 7:01 am

Anyone who has hankered for a list of 10 of the most life-affirming dog rescue stories ever can rely on the social media site BuzzFeed.

That list of 11 classic horror films that should never have been remade? That's from BuzzFeed too.

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Hangout Fest
4:03 pm
Tue December 3, 2013

Gulf Shores Hangout Fest As Big Economic Impact

A new study shows the Gulf Shores Hangout Music festival provides a big boost to the region's economy.
Credit http://wfpk.org

An annual Gulf Shores music festival provides a big boost to the region's economy. That's according to an Auburn University study presented Monday at a Gulf Shores City Council meeting.

The study found that the three-day music festival generated about $31 million to the local economy in businesses related to lodging, food and entertainment. Professor Keivan Deravi oversaw the study. Deravi says researchers interviewed business owners and reviewed previous studies and statistics related to the festival.

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U.S.
3:06 pm
Tue December 3, 2013

Washington State Growers Roll The Dice On New Pot Licenses

Washington is the second state to adopt rules for the recreational sale of marijuana. Some entrepreneurs see state-licensed pot as a golden ticket, but other growers aren't sure applying for a license makes good business sense.
Ted S. Warren AP

Originally published on Tue December 3, 2013 5:55 pm

Washington residents thinking about jumping into the state's new legal marijuana industry need to act soon. The deadline to apply for a state license to sell recreational pot is Dec. 19, and the applications are flooding in.

Danielle Rosellison, a loan officer in Bellingham, Wash., applied for her pot-growing license on the first day. "It's so cool," she says, laughing. "We have butterflies in our stomach all the time. I feel like they're all shot up on adrenaline."

To Rosellison and her husband, a stay-at-home dad, legal marijuana is an opportunity to change their lives.

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Planet Money
3:06 pm
Tue December 3, 2013

Two Sisters, A Small Room And The World Behind A T-Shirt

Minu (left) and her younger sister Shumi worked on the Planet Money men's T-shirt.
Kainaz Amaria/NPR

Originally published on Tue December 3, 2013 5:39 pm

Part of the Planet Money T-shirt Project

This is the story of how the garment industry is transforming life in Bangladesh, and the story of two sisters who made the Planet Money T-shirt.

Shumi and Minu work six days a week operating sewing machines at Deluxe Fashions Ltd. in Chittagong, Bangladesh. They each make about $80 a month.

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The Salt
11:31 am
Tue December 3, 2013

Your Waiter Is Having A Bad Day. Can You Tell?

Katherine Streeter for NPR

Originally published on Tue December 3, 2013 5:11 pm

Imagine how Robbie Travis felt. He waits tables at Libertine, a high-end restaurant just outside St. Louis, and his ex insisted on coming in just a few days after they'd broken up.

Like everyone else, waiters and waitresses have to show up for work on days they'd rather be anywhere else. But it's especially tough to shrug off a bad mood in a job where people expect you to greet them gladly.

"You have to fake it a little bit," Travis says. "That's what pays the bills."

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The Two-Way
10:49 am
Tue December 3, 2013

Detroit Is Eligible For Bankruptcy Protection, Judge Rules

The Detroit skyline as seen from Windsor, Ontario, across the Detroit River.
Rebecca Cook Reuters/Landov

Originally published on Wed December 4, 2013 5:55 am

The largest municipal bankruptcy in U.S. history took a major step forward Tuesday when a federal judge ruled that the city of Detroit is eligible for protection under Chapter 9 of the U.S. bankruptcy code.

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Business
4:13 am
Tue December 3, 2013

More Employees Agree To Fragmented Hours To Get Work

Originally published on Tue December 3, 2013 5:02 pm

Transcript

RENEE MONTAGNE, HOST:

Close to added close to two million jobs to the workforce this year. Not all of fit the nine to five mold. Much of the newly hired are working fragmented, unpredictable hours. From member station WNYC, Ilya Marritz has this report.

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Business
4:13 am
Tue December 3, 2013

Cost Of '12 Days Of Christmas' Up From 2012

Originally published on Tue December 3, 2013 5:02 pm

Transcript

RENEE MONTAGNE, HOST:

And today's last word in business is: 12 days of Christmas.

According to PNC Wealth Management's Christmas Price Index, the cost of the gifts in that holiday song jumped by 7.7 percent this year...

DAVID GREENE, HOST:

Based on reports from retailers and among others, a National Aviary and the Pennsylvania Ballet.

MONTAGNE: You might think those five golden rings pushed up the prices. But in fact, the price spike was driven by a spike in the cost of lords-a-leaping and ladies dancing.

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Business
4:13 am
Tue December 3, 2013

Examining Flip Side Of A Firm's Social Responsibility Record

Originally published on Tue December 3, 2013 5:02 pm

Transcript

DAVID GREENE, HOST:

Goldman Sachs has given hundreds of millions of dollars to charity in recent years. In part, its effort to do good has been shaped by the battering its reputation took during the financial meltdown in 2008 when Goldman traders were accused of misleading investors.

The efforts of companies to look good in the public eye may seem positive but there is also a disturbing side of doing good work, as NPR's social science correspondent Shankar Vedantam tells our own Steve Inskeep.

STEVE INSKEEP, HOST:

Hi, Shankar.

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Business
4:13 am
Tue December 3, 2013

Cyber Monday Sales Up From Last Year

Originally published on Tue December 3, 2013 5:02 pm

Transcript

DAVID GREENE, HOST:

We begin NPR's business news starts some mobile browsing.

(SOUNDBITE OF MUSIC)

GREENE: Millions of consumers - maybe including you - went online yesterday searching for deals on Cyber Monday. This is the biggest e-commerce shopping day. Online sales for the day hit $2 billion. That's up nearly 20 percent over last year.

NPR's Sonari Glinton reports.

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Your Money
4:13 am
Tue December 3, 2013

U.S. Workers Lack Confidence To Manage Retirement Savings

Originally published on Tue December 3, 2013 5:02 pm

Transcript

RENEE MONTAGNE, HOST:

Its open enrollment season at many work places, which means opportunities to make changes in your retirement savings plans. The investment company Charles Schwab has found that many American workers lack the confidence to effectively manage their retirement savings.

In search of advice, we called up The Washington Post's financial columnist Michelle Singletary. Glad to have you back.

MICHELLE SINGLETARY: Oh, it's my pleasure to be here.

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Business
4:13 am
Tue December 3, 2013

Planet Money Spins A Yarn And Makes A 'Perfect' T-Shirt

Inside a yarn factory in Indonesia.
David Gilkey NPR

Originally published on Thu December 5, 2013 1:10 pm

NPR's Planet Money team has manufactured a T-shirt. All this week we're following its journey around the globe. Today, the T-shirt makes a detour in the Pacific Ocean. Cotton from America gets shipped to a factory in Indonesia where it gets transformed into yarn.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

Transcript

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Law
2:18 am
Tue December 3, 2013

A Supreme Court Fight For The Rights Of (Frequent) Fliers

Rabbi S. Binyomin Ginsberg sued Northwest Airlines for what he says was unfair termination from its frequent-flier program. His case goes goes before the Supreme Court on Tuesday.
Paul Sancya AP

Originally published on Tue December 3, 2013 5:02 pm

Do airline frequent fliers have any legal rights when they get into disputes over their club memberships?

That's the question before the U.S. Supreme Court on Tuesday, when the justices examine whether, and under what circumstances, frequent fliers can sue in these disputes.

Frequent-flier programs — famous for their free trips, upgrades and goodies — are also infamous for what some members view as arbitrary airline behavior.

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Around the Nation
2:17 am
Tue December 3, 2013

As Rent Soars, Longtime San Francisco Tenants Fight To Stay

Originally published on Tue December 3, 2013 5:02 pm

San Francisco has long been a desirable place to live — and that's even more true today as the city is basking in the glow of another tech boom. But the influx of new money and new residents is putting a strain on the city's housing market.

The city has the highest median rent in the nation, and evictions of longtime residents are skyrocketing.

Ground zero for San Francisco's eviction crisis is the Inner Mission District. Until recently, this edgy neighborhood was home to a mix of working-class Latinos, artists and activists.

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All Tech Considered
5:03 pm
Mon December 2, 2013

Could A Tech Giant Build A Better Health Exchange? Maybe Not

Workers process applications for Oregon's health exchange program. The state paid tech giant Oracle to build its online exchange, but with the site still not functional, people shopping for insurance have been forced to apply on paper.
Don Ryan AP

Originally published on Mon December 2, 2013 7:48 pm

Oregon has spent more than $40 million to build its own online health care exchange. It gave that money to a Silicon Valley titan, Oracle, but the result has been a disaster of missed deadlines, a nonworking website and a state forced to process thousands of insurance applications on paper.

Some Oregon officials were sounding alarms about the tech company's work on the state's online health care exchange as early as last spring. Oracle was behind schedule and, worse, didn't seem able to offer an estimate of what it would take to get the state's online exchange up and running.

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