NPR Business

All Tech Considered
5:05 pm
Mon July 28, 2014

It's Boom Times For Pop-Up Shops As Mobile Shopping Clicks

Customers can get a tactile experience trying on glasses at Warby Parker's shop in New York City.
Elise Hu NPR

Originally published on Mon July 28, 2014 6:00 pm

Fast-rising mobile technology is making buying stuff with a tap of an app easier than ever, and shifting the way we shop. What were once permanent, brick-and-mortar stores, where shoppers look at items in a physical space, are now often pop-ups first — shops that last for a limited time only.

Pop-up shops are temporary retail spaces that spring up in unused premises. Leases can last as short as a single day, when brands use the spaces for a promotional event instead of testing out a market.

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Europe
5:05 pm
Mon July 28, 2014

International Court Rules Against Russia In $50 Billion Decision

Russia says it will appeal an unfavorable decision by a court in The Hague. The Permanent Court of Arbitration awarded $50 billion to shareholders of the defunct Yukos oil company. Russia seized the company in 2003 and put owner Mikhail Khodorkovsky in jail on tax and fraud charges.

Business
5:05 pm
Mon July 28, 2014

'Like' Something? Social Networks Would Like You To Buy It Too, Please

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
5:05 pm
Mon July 28, 2014

A Deal Between 'Dollar' Stores Raises The Stakes Against Wal-Mart

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

The Two-Way
4:16 pm
Mon July 28, 2014

House Votes To End Full-Fare Rule For Airline Tickets

A family checks in for an American Airlines flight at Chicago's O'Hare International Airport
Scott Olson Getty Images

Originally published on Mon July 28, 2014 5:25 pm

The House voted Monday to allow airlines to advertise lower prices for their routes.

The Transparent Airfares Act, which was approved with minimal debate, would overturn a 2012 rule that requires airlines to post the full price of tickets, including taxes and fees.

Shoppers are smart enough to figure out the price of an airline ticket without federal regulation, said Oregon Democrat Peter DeFazio, a bill co-sponsor.

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The Two-Way
2:25 pm
Mon July 28, 2014

FAA Seeks $12 Million Fine Against Southwest Airlines

A Boeing 737 jetliner operated by Southwest awaits loading at the Little Rock, Ark., airport.
Danny Johnston AP

The Federal Aviation Administration announced Monday that it intends to fine Southwest Airlines $12 million for flying Boeing 737 airplanes without making proper repairs.

Beginning in 2006, Southwest began "extreme makeover" alterations to address cracking of aluminum skin on 44 jetliners, the FAA said in a news release.

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The Two-Way
1:37 pm
Mon July 28, 2014

It May Be Summer, But For Economists, This Week Feels Like Christmas

Chiang Ying-ying AP

Originally published on Mon July 28, 2014 4:31 pm

This week is summer's sweet spot — the peak time for pool parties, fresh-picked berries and cool drinks. But for economists, it may feel more like Christmas — so much to unwrap!

Each day will bring new decisions and reports that could have a big impact on the nation's economy. So economists, investors and workers will have plenty to ponder. Here's what's happening this week:

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The Two-Way
10:28 am
Mon July 28, 2014

Dollar Tree To Buy Family Dollar In $8.5 Billion Deal

People shop outside of a Family Dollar discount store in Waterbury, Connecticut.
Spencer Platt Getty Images

With Dollar Tree's agreement to purchase Family Dollar on Monday, two of the United States' biggest discount stores are coming together in a deal estimated at $8.5 billion in cash and stock.

The New York Times reports:

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NPR Story
5:00 am
Mon July 28, 2014

Depends Promotes Pants-Dropping For 'Underwearness'

Originally published on Mon July 28, 2014 1:52 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

LINDA WERTHEIMER, HOST:

Our last word in Business Today is drop trou.

RENEE MONTAGNE, HOST:

That's the message of an ad campaign for the Depend brand of undergarments. The campaign is promoting underwearness to reduce the stigma of incontinence.

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NPR Story
5:00 am
Mon July 28, 2014

U.K. Launches Licensing For Onshore Oil And Gas Exploration

Originally published on Mon July 28, 2014 1:52 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

RENEE MONTAGNE, HOST:

NPR's Business News starts with fracking in the U.K.

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