Business & Education

Business
6:30 am
Thu February 27, 2014

Tesla To Build Large-Scale Battery Factory

The company says it needs the factory to produce batteries faster and cheaper in order to build an electric car for mass market — one that can be sold for under $40,000.

Business
6:30 am
Thu February 27, 2014

Denmark-Based Lego Releases 2013 Results

Sales increased by 11 percent. The announcement does not include revenue tied to the chart-topping movie. The Lego Movie was released this month.

Business
6:30 am
Thu February 27, 2014

Boeing's Smarthpone Would Self-Destruct If It's Tampered With

The company filed papers with the FCC for the phone, simply being called Black. Any attempt to tamper with the Boeing Black will result in all of its contacts, communication and software being erased.

Business
4:15 am
Thu February 27, 2014

Sriracha-Maker Given More Time To Contain Spicy Fumes

Sriracha chili sauce bottles are produced at the Huy Fong Foods factory in Irwindale, Calif.
Nick Ut AP

Originally published on Thu February 27, 2014 1:40 pm

The saga over the darling of the condiment world, Sriracha, continues.

The popular hot sauce in the rooster bottle is made by Huy Fong Foods in the Los Angeles suburb of Irwindale. The city has had to balance its need for business success against complaints from some residents about spicy fumes from the plant.

Wednesday night, after a contentious hearing, Irwindale's city council decided to give Huy Fong a bit more time to figure out how to contain those fumes.

The Sauce America's Hot For

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Business & Education
6:47 pm
Wed February 26, 2014

6 Trustees for UA System Approved by Senate

The Alabama Senate has approved six trustees for the University of Alabama System.

The Senate voted unanimously Wednesday for two new trustees, Harris V. Morrissette of Mobile and John D. Johns of Birmingham. The Senate also voted unanimously to approve new terms for existing trustees Joe Espy of Montgomery, Marietta Urquhart of Mobile, Andria Scott Hurst of Birmingham, and Finis St. John IV of Cullman.

Alabama's board of trustees selects its own members subject to approval by the state Senate. The trustees oversee campuses in Tuscaloosa, Birmingham and Huntsville.

All Tech Considered
3:48 pm
Wed February 26, 2014

With Tech Outsourcing, The Internet Can Be 'A Scary Place'

When it comes to Internet security, many experts agree outsourcing can create added risks, even if they disagree on the merits of outsourcing in the first place.
Igor Stevanovic iStockphoto

Originally published on Thu February 27, 2014 11:08 am

When you hear the word outsourcing, you might think of threats to American jobs. To cyber experts, there's another threat: to our data.

This week, thousands of the industry's leading minds from around the world are discussing the Internet and security at their annual powwow in San Francisco, the RSA Conference. These topics matter more and more to us non-experts, especially as people become the victims of cybercrime.

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Business
3:20 pm
Wed February 26, 2014

Swiss Bank Finds Itself Under American Scrutiny

Originally published on Thu February 27, 2014 11:08 am

Transcript

MELISSA BLOCK, HOST:

Top executives at one of Switzerland's biggest banks said today they're sincerely trying to prevent tax evasion by U.S. citizens. They also said conflicting laws in the two countries make it almost impossible to do that. The chief executive of Credit Suisse appeared before the Senate Permanent Subcommittee on Investigations, which has been looking into the use of secret Swiss bank accounts by Americans.

Here's NPR's Jim Zarroli.

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Law
1:21 pm
Wed February 26, 2014

Supreme Court Allows Stanford Ponzi Scheme Suits To Go Forward

Texas tycoon R. Allen Stanford, who conned investors in a $7 billion Ponzi scheme, arrives in custody at the federal courthouse for an Aug. 2010 hearing in Houston.
David J. Phillip AP

Originally published on Wed February 26, 2014 2:16 pm

The U.S. Supreme Court ruled today that investor lawsuits may go forward against investment advisors and others for allegedly helping Texas tycoon Allen Stanford in a massive fraud.

Stanford was sentenced to 110 years in prison for bilking investors in a $7 billion Ponzi scheme. The investors who lost money are suing others involved in the scheme, contending that they also engaged in misleading conduct.

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All Tech Considered
11:50 am
Wed February 26, 2014

If You've Ignored Bitcoin Up Until Now, This One's For You

No, these aren't real bitcoins (just Bitcoin buttons). Fans of the virtual currency see several real benefits, including the elimination of fees for transferring money.
Frank Jordans AP

Originally published on Wed March 5, 2014 3:05 pm

One of Bitcoin's largest trading exchanges shut down Tuesday, and you probably couldn't care less.

So what if rumors are circulating that millions of dollars' worth of Bitcoin are stolen? If you don't understand Bitcoin in the first place, it's hard to figure out why this matters. So we're using this as an opportunity to go back to the basics: what this b-word means, where it came from and why it just might matter.

The Birth Of Bitcoin

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The Two-Way
10:14 am
Wed February 26, 2014

Book News: Apple Appeals Ruling In E-Book Price-Fixing Case

Apple says in its appeal filed Tuesday that it was ignorant of any price-fixing conspiracy.
Daniel Barry Getty Images

Originally published on Wed February 26, 2014 11:42 am

The daily lowdown on books, publishing, and the occasional author behaving badly.

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Planet Money
9:58 am
Wed February 26, 2014

74,476 Reasons You Should Always Get The Bigger Pizza

Somebody check the cheese.
Alex Wong Getty Images

Originally published on Wed February 26, 2014 4:28 pm

One day last year, an engineer and I went to a pizza place for lunch. The engineer told me he wasn't very hungry, but he said he was going to get the 12-inch medium instead of the 8-inch small — because the medium was more than twice as big as the small, and it cost only a little bit more. This sort of blew my mind.

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It's All Politics
9:52 am
Wed February 26, 2014

Lobbyists Amp Up Efforts To Sell Washington On E-Cigarettes

Blair Roberts, a 22-year-old sales associate at Colorado E-Smokes, "vapes" with an electronic cigarette in the Aurora, Colo., store. In the absence of federal rules, Colorado is among states that considered its own age requirements for the nicotine-delivery devices.
Ed Andrieski AP

Originally published on Fri February 28, 2014 4:57 pm

In a scene from the new season of the popular Netflix political drama House of Cards, the elegant Claire Underwood catches her soon-to-be vice president husband puffing an e-cigarette.

"You're cheating," she says, referring to their efforts to quit smoking.

"No, I'm not," Congressman Francis Underwood replies. "It's vapor ... addiction without the consequences."

A Washington-based drama with an implicit endorsement of "vaping" — the practice of partaking in nicotine without burning tobacco?

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All Tech Considered
9:15 am
Wed February 26, 2014

iOS 6 Users Left In The Lurch After Security Flaw Discovered

Still using Apple's iOS 6? You may be counting on luck to protect your iPhone from a serious security flaw.
Michael Nagle Getty Images

As has been widely reported, Apple recently discovered a critical bug in its iOS and OS systems.

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Business
6:43 am
Wed February 26, 2014

'Got Milk' Campaign Runs Dry

Transcript

RENEE MONTAGNE, HOST:

And our last word in business is: Had Milk.

AdAge reports the national milk industry will drop the famous Got Milk campaign that has run for the last couple of decades - so goodbye to the milk mustache that's adorned the upper lip of many a celebrity.

DAVID GREENE, HOST:

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Business
6:32 am
Wed February 26, 2014

Delta Changes Course On Frequent Flier Miles

Originally published on Wed February 26, 2014 6:43 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with sky high costs for airline miles.

(SOUNDBITE OF MUSIC)

GREENE: And we're not talking about actually buying airline miles. But starting today, Delta Airlines will be the first major carrier to tie frequent flier points to how much you pay for your ticket - not how far you fly. This means in most cases, business-class will earn more points than coach and first class tickets will earn even more.

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