NPR Business

The Two-Way
11:47 am
Fri June 21, 2013

Pirate Bay Co-Founder Gets Two Years For Hacking And Fraud

Originally published on Fri June 21, 2013 2:22 pm

A co-founder of the file-sharing website Pirate Bay has been sentenced in Sweden to two years in prison for hacking into a bank computer.

Gottfrid Svartholm Warg, 28, was arrested in Cambodia last year after Swedish authorities issued an international warrant. He was convicted and sentenced Thursday for hacking Sweden's Nordea bank and U.K.-based services firm Logica.

"The data intrusion has been very extensive and technically advanced," the court said in its ruling.

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The Two-Way
7:33 am
Fri June 21, 2013

Book News: Apple, DOJ Tussle As Ebook Price Fixing Trial Ends

Originally published on Fri June 21, 2013 10:32 am

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

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Planet Money
5:19 am
Fri June 21, 2013

How Brush Factories Survive In America

Fourth-generation owner of Braun Brush, Lance Cheney, stands next to a special-order brush his company made for the artist Richard Artschwager.
Marianne McCune NPR

Originally published on Tue June 25, 2013 3:46 pm

Brushes are pretty simple: a bunch of flexible fibers sticking out of something stiff. Not surprisingly, Chinese manufacturers have grabbed a big share of the U.S. brush market. But several hundred small U.S. brush factories are still hanging on. Here are three strategies they're using to survive.

1. Compete On Quality

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Asia
4:40 am
Fri June 21, 2013

China's Credit Crunch Felt Across Financial Markets

Transcript

RENEE MONTAGNE, HOST:

Alarm bells went off in China's financial system yesterday. That's because interest rates for loans that banks make to each other - like the loans we've just been hearing about - shot up, drying up credit as China's banks searched for cash. The effects reached markets here, where the Dow dropped more than 2 percent yesterday.

All of this seems to be caused by the Chinese government trying to send its banks a message. To explain what happened and why, we turn to NPR's correspondent in Shanghai, Frank Langfitt. Good morning.

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Politics
4:34 am
Fri June 21, 2013

House Votes Down 5-year Farm Bill

Originally published on Fri June 21, 2013 5:22 am

Members of the House on Thursday rejected the measure, studded with Republican priorities. In the past, the farm bill has been a model of bipartisan support. But defections in both parties spelled the bill's doom.

Business
4:34 am
Fri June 21, 2013

Instagram Expands With Video Feature

Originally published on Fri June 21, 2013 6:18 am

This move pits Facebook against Twitter, which owns the six-second video-sharing service, Vine. Adding video brings significant change to the Instagram experience.

Business
4:34 am
Fri June 21, 2013

Business News

Originally published on Fri June 21, 2013 7:01 am

Libor is the London interbank offered rate. It's important because it establishes the rate that banks pay to borrow from one another.

Business
4:34 am
Fri June 21, 2013

The Last Word In Business

Originally published on Fri June 21, 2013 8:46 am

Gandolfini, who died this week while vacationing in Italy, became famous for his role in The Sopranos. Tony Soprano, the mob boss, described his job as "waste management consultant." Call it what you want, but on the job, Tony Soprano had plenty of business insights.

Shots - Health News
3:04 am
Fri June 21, 2013

With Health Exchanges Poised To Open, PR Push Draws Scrutiny

In San Jose, Calif., on June 6, President Obama encouraged people to sign up for insurance in the nation's largest health insurance market.
Stephen Lam Getty Images

Originally published on Fri June 21, 2013 9:07 pm

This weekend marks 100 days until people can begin signing up for new health insurance coverage under the federal health care law. It also marks another milestone: the launch of an enormous public relations effort to find people eligible for new coverage and urge them to sign up when the time comes.

But like everything else about the health law, even this seemingly innocuous effort has been touched by controversy.

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The Salt
7:19 pm
Thu June 20, 2013

Paula Deen: Child Of Dixie, Meet The Internet Age

Will Paula Deen's admission of using a racial slur crumble her empire?
Courtesy of Food Network AP

Originally published on Mon June 24, 2013 11:57 am

Paula Deen may be famous for her deep-fried Southern cooking, but the Internet isn't buying her defense that she used a racial slur because of her deep Dixie roots.

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