NPR Business

Business
6:23 pm
Mon June 30, 2014

How Many Companies Will Be Touched By Court's Contraception Ruling?

The Supreme Court said protecting the free-exercise rights of owners of corporations, such as Hobby Lobby Stores, protects religious liberty.
Ed Andrieski AP

Originally published on Mon June 30, 2014 6:46 pm

When the Supreme Court ruled Monday that "closely held" corporations don't have to pay for workers' contraception, you may have assumed the decision applied only to family-owned businesses.

Wrong. An estimated 9 out of 10 businesses are "closely held."

However, some benefits experts question just how many of those companies would want to assert religious views.

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News
6:20 pm
Mon June 30, 2014

BNP Paribas Agrees To Nearly $9 Billion Fine And Admission Of Guilt

Originally published on Mon June 30, 2014 7:30 pm

Transcript

MELISSA BLOCK, HOST:

Banking giant BNP Paribas has agreed to pay American regulators nearly $9 billion dollars to settle charges of economic sanctions violations. It's the largest such fine ever imposed by the U.S. The bank will plead guilty to two criminal charges. It was accused of helping clients in Sudan, Cuba and Iran conduct business in the United States. NPR's Jim Zarroli reports.

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The Two-Way
5:13 pm
Mon June 30, 2014

BNP Paribas Agrees To Pay $8.83 Billion In Sanctions Probe

Originally published on Mon June 30, 2014 8:00 pm

Representatives for the French bank BNP Paribas pleaded guilty on Monday and agreed to pay $8.83 billion over allegations that it violated U.S. sanctions laws by facilitating transactions involving Sudan, Cuba and Iran.

The Wall Street Journal reports:

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Business
4:17 pm
Mon June 30, 2014

In GM's Payout Plan, End Of The Road Is A Long Way Off

Originally published on Mon June 30, 2014 7:01 pm

Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED from NPR News I'm Melissa Block.

ROBERT SIEGEL, HOST:

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Law
1:32 pm
Mon June 30, 2014

Supreme Court Ruling Affirms Hobby Lobby Victory

Transcript

RENEE MONTAGNE, HOST:

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The Two-Way
12:36 pm
Mon June 30, 2014

Details Of GM Recall Compensation Plan Released

GM has released details about its compensation fund for victims of a fatal safety flaw in its ignition switches. The Chevrolet Cobalt is one of several GM models that were recalled over the flaw.
David Zalubowski AP

Originally published on Mon June 30, 2014 2:38 pm

A fund established by GM to pay claims related to defective ignition switches won't limit claim amounts and will include people who have already settled a case with the carmaker. Those and other details about the long-awaited compensation plan were announced by plan administrator Kenneth Feinberg on Monday.

"GM basically has said, whatever it costs to pay all eligible claims under the protocol, they will pay it," Feinberg said.

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The Two-Way
10:32 am
Mon June 30, 2014

Some Companies Can Refuse To Cover Contraception, Supreme Court Says

Customers enter a Hobby Lobby store in Antioch, Calif., this past spring. The Supreme Court is ruling on the crafts store chain's resistance to portions of the Affordable Care Act. The store's owners cite their religious freedom.
Justin Sullivan Getty Images

Originally published on Mon June 30, 2014 1:54 pm

The Supreme Court has ruled that family owned and other closely held companies can opt out of the Affordable Care Act's provisions for no-cost prescription contraception in most health insurance if they have religious objections.

The owners of the Hobby Lobby chain of arts and crafts stores and those of another closely held company, Conestoga Wood Specialties Corp., had objected on the grounds of religious freedom.

The ruling affirms a Hobby Lobby victory in a lower court and gives new standing to similar claims by other companies.

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The Two-Way
10:21 am
Mon June 30, 2014

Supreme Court Rules Against Union Fees For Some Home Care Workers

Originally published on Mon June 30, 2014 11:40 am

Updated at 10:48 a.m. ET

The Supreme Court ruled Monday that some public employees cannot be required to contribute to unions.

In a 5-4 ruling split along ideological lines, the court recognized a category of "partial public employees" who cannot be required to contribute union bargaining fees. The court said the current practice, which permits automatic deductions, violates the First Amendment rights of those nonmembers who disagree with the union's positions.

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Business
7:38 am
Mon June 30, 2014

GM To Announce Compensation Plan For Faulty Ignition Switches

Originally published on Mon June 30, 2014 1:32 pm

Transcript

Business
7:38 am
Mon June 30, 2014

British Pop Star Donates Alamo Artifacts

Originally published on Mon June 30, 2014 1:32 pm

Transcript

DAVID GREENE, BYLINE: And our last word in Business today is, (singing) I can see it coming to the Alamo tonight.

RENEE MONTAGNE, HOST:

Last week the owner of the largest private collection of artifacts from the Alamo turned them over in a ceremony at the site of the epic 1836 battle.

(SOUNDBITE OF ARCHIVED RECORDING)

JERRY PATTERSON: Give a huge, ruckus, boisterous welcome to our friend Mr. Phil Collins.

(APPLAUSE)

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