Business & Education

Business
3:40 pm
Fri February 7, 2014

Disappointing Jobs Data May Point To A Tougher 2014

Job seekers sign in before meeting prospective employers during a career fair at a hotel in Dallas last month.
LM Otero AP

Originally published on Fri February 7, 2014 5:03 pm

Friday's unemployment report confirmed what many workers already had suspected: Five years after the job market plunged off a cliff, the climb back remains a tough slog.

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All Tech Considered
12:44 pm
Fri February 7, 2014

How The Meritocracy Myth Affects Women In Technology

The gender gap in the tech industry will be the focus of a monthlong series on Tell Me More.
iStockphoto

Originally published on Mon February 10, 2014 11:40 am

The numbers on women in the tech industry are so out of whack that ladies register in the single digits: Women account for just 6 percent of the chief executives of the top 100 tech companies, according to the National Center for Women and Information Technology. And a New York Times count found that only 8 percent of venture-backed startups are founded by women.

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Business
10:26 am
Fri February 7, 2014

Jobs Report: Unemployment Ticks Down; Payrolls Tick Up

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. I'm David Greene.

RENEE MONTAGNE, HOST:

I'm Renee Montagne. And this morning brought another surprisingly weak jobs report. The government says the U.S. economy added just 113,000 jobs in January. That follows just 75,000 jobs in December. Those numbers are way below the average monthly job creation for most of 2013 and it has lots of people worried the economy may be losing steam. NPR's John Ydstie joins us again to talk about it. Good morning.

JOHN YDSTIE, BYLINE: Hi, Renee.

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Business
6:24 am
Fri February 7, 2014

Rupert Murdoch's News Corp. Beats Profit Forecasts

Originally published on Fri February 7, 2014 10:26 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with growth for News Corp.

(SOUNDBITE OF MUSIC)

MONTAGNE: The media company, controlled by Rupert Murdoch, reported profits that beat forecast. Its stock price climbed yesterday in late trading after the report was released. News Corp. posted gains in its digital real estate and book publishing services.

Still, the company, which publishes the Wall Street Journal, was hampered by declining advertising revenues in its newspaper business. Transcript provided by NPR, Copyright NPR.

The Two-Way
5:50 am
Fri February 7, 2014

Job Growth Less Than Expected, But Unemployment Hits 5-Year Low

Frederic J. Brown AFP/Getty Images

Originally published on Fri February 7, 2014 12:06 pm

Note: This post was updated several times after the jobs report was released at 8:30 a.m. ET.

The nation's unemployment rate slipped to 6.6 percent in January from 6.7 percent a month before, but employers added only 113,000 jobs to their payrolls last month, the Bureau of Labor Statistics reported Friday morning.

The jobless rate figure was expected. The job growth number, however, was well below the 185,000 that economists expected.

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Race
4:27 am
Fri February 7, 2014

Coke Ad Sparks Cries On Social Media To 'Speak English'

Originally published on Fri February 7, 2014 10:26 am

Transcript

DAVID GREENE, HOST:

At some point during tonight's opening ceremonies of the 2014 Winter Olympics in Sochi, Russia, NBC will run a much-talked about television ad for Coca-Cola.

(SOUNDBITE OF AD)

UNIDENTIFIED WOMAN #1: (Singing) Oh, beautiful, for spacious skies...

UNIDENTIFIED WOMAN #2: (Singing in foreign language)

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Business
4:12 am
Fri February 7, 2014

Designer Wants Your 'Social Currency' Instead Of Cash

Originally published on Fri February 7, 2014 10:26 am

Transcript

RENEE MONTAGNE, HOST:

And our last word in business this morning is: social currency.

At one point, Facebook was valued at $100 billion.

DAVID GREENE, HOST:

And let's not forget that Instagram was bought for $1 billion.

MONTAGNE: And that by some accounts, Twitter is worth - well, it was worth over $18 billion.

GREENE: Well, now those socializing can get a bit of a profit pie. At Marc Jacobs' new pop-up shop in Manhattan, no cash is necessary. Social media is the capital.

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Politics
4:05 am
Fri February 7, 2014

GOP Still Looking At Pieces Of Debt Limit 'Puzzle'

Originally published on Fri February 7, 2014 2:40 pm

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. Good morning. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne. Today at the stroke of noon in Washington D. C. the U.S. Treasury statutory authority to borrow money will expire.

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Economy
4:03 am
Fri February 7, 2014

January Unemployment Numbers Expected To Rebound

Originally published on Fri February 7, 2014 10:26 am

Transcript

DAVID GREENE, HOST:

On a Friday this is MORNING EDITION from NPR News. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne. There's lots of anticipation about the government's monthly jobs report that will be released later this morning. Last month's job creation numbers were very disappointing - just 74,000 jobs added to the payroll - far below the recent monthly averages. NPR's John Ydstie joined us to talk about job creation and what it's telling us about the economy. Good morning.

JOHN YDSTIE, BYLINE: Hi, Renee.

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Business
3:58 am
Fri February 7, 2014

AOL Blames Obamacare For Changes To Retirement Benefits

Originally published on Fri February 7, 2014 10:26 am

Transcript

DAVID GREENE, HOST:

And let's hear now from the CEO who says Obamacare forced his hand when it comes to employee benefits. Tim Armstrong, the CEO of tech giant AOL, said the company had to change the way it matches the deposits employees make to their retirement accounts.

NPR's Richard Gonzales has more.

RICHARD GONZALES, BYLINE: Armstrong told CNBC that company costs due to Obamacare left him with a tough decision.

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Around the Nation
2:25 am
Fri February 7, 2014

Post Office Could Rack Up Billions By Offering Money Services

U.S. Postal Service clerks help customers at the Los Feliz Post Office in Los Angeles.
Kevork Djansezian Getty Images

Originally published on Fri February 7, 2014 10:26 am

As the U.S. Postal Service continues to lose money each year, a new report suggests a way to add to its bottom line: offer banklike services, such as a check cashing card that would allow holders to make purchases and pay bills online or even take out small loans. The idea is to provide services that are now unavailable in many communities.

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Business & Education
2:24 am
Fri February 7, 2014

South Alabama Names New President

Tony G. Waldrop
The Univeristy of Central Florida library.ucf.edu

An administrator from the University of Central Florida has been named president of the University of South Alabama in Mobile.

Trustees unanimously selected Tony G. Waldrop as president during a meeting Thursday.

Waldrop is provost and executive vice president at Central Florida, which is located in Orlando. He also held administrative positions at the University of North Carolina and the University of Illinois.

At South Alabama, Waldrop replaces the late Gordon Moulton, who retired last July 1 and died in September.

Private School Tax Credits
4:01 pm
Thu February 6, 2014

Judge Weighs Challenge To Ala. Accountability Act

It will be a few weeks before a judge decides a legal challenge to the new Alabama law providing tax credits for private education.

It will be a few weeks before a judge decides a legal challenge to the new Alabama law providing tax credits for private education.

Montgomery Circuit Judge Gene Reese heard arguments Thursday on a lawsuit the Alabama Education Association filed over the Alabama Accountability Act.

The judge is giving attorneys two weeks to submit proposed orders and says he will rule afterward.

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Business
3:59 pm
Thu February 6, 2014

Even As Dairy Industry Booms, There Are Fewer And Fewer Farms

Originally published on Thu February 6, 2014 6:55 pm

Transcript

MELISSA BLOCK, HOST:

On Friday, President Obama is scheduled to sign a new farm bill into law. It contains a provision that allows all dairy farms to be part of a safety net. The point is to offset risk when milk prices are too low or feed costs too high. But Abbie Fentress Swanson reports that even in good times, smaller dairy farms in traditional milk producing states are now giving up.

(SOUNDBITE OF COWS)

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The Salt
3:56 pm
Thu February 6, 2014

Food Industry Groups Say They'll Label GMOs, On Their Terms

A woman shops at a supermarket in New York City.
Spencer Platt Getty Images

Originally published on Mon February 10, 2014 2:51 pm

Remember those ballot initiatives in California and Washington that aimed to get food companies to label products containing genetically modified ingredients?

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