NPR Business

The Two-Way
8:32 am
Fri July 4, 2014

Ex-Editor Gets 18 Months In U.K. Phone Hacking Case

Former News of the World editor Andy Coulson arrives for the sentencing at the Old Bailey court house in London on Friday. He was jailed for 18 months for being complicit in phone-hacking by journalists at the Rupert Murdoch tabloid he edited.
Neil Hall Reuters /Landov

Originally published on Fri July 4, 2014 10:12 am

Former News of the World editor Andy Coulson, who was found guilty last week of conspiracy to hack personal voicemails, was jailed Friday for 18 months.

NPR's Ari Shapiro is reporting on the case for our Newscast unit. Here's what he said:

"During sentencing, the judge said phone hacking by journalists at Rupert Murdoch's News International picked up 'intensely personal' messages that caused people 'serious distress.'

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Around the Nation
5:11 am
Fri July 4, 2014

Fastest Growing U.S. City Faces Housing Shortage

Originally published on Fri July 4, 2014 7:52 am

Census data show San Marcos, Texas, is the U.S.'s fastest growing city. Students make up many of the 10,000 people who've moved there since 2010, pushing the population from 45,000 to over 54,000.

Business
5:07 am
Fri July 4, 2014

Facebook Apologizes For Manipulation; Data Research Likely To Go On

Originally published on Fri July 4, 2014 7:52 am

Transcript

DAVID GREENE, HOST:

And where has evolution brought us now? The era of Facebook. News broke this week that Facebook manipulated nearly 700,000 of its users for a study about how emotions work in an online or digital setting. The move angered plenty of people, but the academic world was far less shocked by what the social media site did. Here's NPR's Aarti Shahani.

AARTI SHAHANI, BYLINE: Edward Miguel is an economist at the University of California Berkeley who manipulates human subjects all the time.

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Business
5:05 am
Fri July 4, 2014

BMW Announces Plan To Build First Mexican Factory

Originally published on Fri July 4, 2014 7:52 am

Transcript

DAVID GREENE, HOST:

NPR's Business News begins with BMW looking south. The German automaker has announced plans to spend a billion dollars on a new factory in Mexico. BMW says the plant, it's first in Mexico, will employ about 1,500 people and produce up to 150,000 cars a year. BMW's only other North American factory is in Spartanburg, South Carolina. This spring, BMW said it will invest a billion dollars in that plant as well to increase its production capacity to 450,000 cars by the end of 2016. Transcript provided by NPR, Copyright NPR.

Business
5:05 am
Fri July 4, 2014

2010 World Cup Helped South Africa Attract Latin American Tourists

Originally published on Fri July 4, 2014 7:52 am

Transcript

DAVID GREENE, HOST:

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Business
5:05 am
Fri July 4, 2014

It's Going To Cost More To Have A Burger This July 4

Originally published on Fri July 4, 2014 7:52 am

"For most people, this is going to be the most expensive hamburger they've eaten in their life," says economic analyst Joe Deaux of the street.com. Prices are soaring because of the on-going drought.

The Two-Way
5:41 pm
Thu July 3, 2014

SunTrust Settles In Probe Into Mishandled Home Loan Modifications

Originally published on Thu July 3, 2014 6:54 pm

Atlanta-based SunTrust Mortgage Inc. has agreed to pay up to $320 million to resolve criminal allegations that it mishandled applications from homeowners seeking loan modifications under a federal program.

The deal with the Justice Department follows a similar settlement last month with SunTrust Mortgage over its mishandling of federally backed home loans.

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All Tech Considered
5:19 pm
Thu July 3, 2014

In A Battle For Web Traffic, Bad Bots Are Going After Grandma

By hijacking a user's computer, "bad" bots make it look as if she visits a website often, thus making the site more valuable to advertisers.
iStockphoto

Originally published on Mon July 7, 2014 11:05 am

As the Web turns 25, it's becoming a terrific place if you're a bot.

It began as a tool for human communication, but now, over 60 percent of the traffic on the Web is automated applications called bots talking to other bots, according to one study. And experts say about half of those bots are bad.

But first let's talk about the good bots.

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The Two-Way
4:52 pm
Thu July 3, 2014

Jobs Numbers Buoy Dow Above 17,000 For The First Time

The Dow Jones closed above 17,000 for the first time in its history on Thursday. The index was buoyed by better-than-expected news from the jobs market.

As we reported, the Labor Department announced that U.S. employers added 288,000 jobs last month and that the unemployment rate dipped to 6.1 percent.

It was the fifth consecutive month that employers had added more than 200,000 jobs.

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Business
4:09 pm
Thu July 3, 2014

Export-Import Controversy Gives Rise To A Tale Of Two Washingtons

Originally published on Thu July 3, 2014 6:26 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block. A debate has been raging in Washington, D.C. over the future of an obscure federal agency - the Export-Import Bank. And all the way across the country in the other Washington - Washington state - businesses, labor unions and politicians say the bank's demise would have severe consequences. Ashley Gross of member station KPLU in Seattle reports.

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