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.
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.
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."
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.
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.
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.
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.
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.
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/.
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.
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.